MUMBAI, India, Jan. 9 -- Intellectual Property India has published a patent application (202511115482 A) filed by Nims University, Jaipur, Rajasthan, on Nov. 22, 2025, for 'personal finance management system and method thereof.'
Inventor(s) include Krishna Kant Sharma.
The application for the patent was published on Jan. 9, under issue no. 02/2026.
According to the abstract released by the Intellectual Property India: "This invention relates to an AI-based personal finance management system (100) that helps users manage their money better. It collects financial data from various sources using a data collection module (101) and analyses it with an AI engine (102). The system generates personalised financial advice through a recommendation generator (103) and shows it on an easy-to-use interface (104). It learns and improves over time with a continuous learning module (105). Additional features include predicting future budgets (110), smartly allocating savings (111), offering financial coaching (112), assessing risk (113), and understanding user behaviour to give better advice through a behavioral finance insights component (114). A secure hardware module (115) protects user data. The invention also furnishes a method (200) for collecting, analysing, and providing personalised financial recommendations to help users make smarter financial decisions."
Disclaimer: Curated by HT Syndication.
