Introduction: Over the recent years, due to rapid technological advancement globally countries are resorting to excessive dissemination of digital financial services. Digital financial services not only improve financial access but it also provides low cost financial services to the lowest segment of the society with the aim of social upliftment. Aim: The purpose of this research was to analyze the link between the access of digital financial services and how it impacts social upliftment by including several proxies for social measurement in the context to Indian economy. Method: In order to analyze the above objectives, the study uses a battery of robust techniques on the data set of India economy covering the transition period from 2010-2022. Findings: The study show that access to digital financial services improves social welfare and it also assist in achieving the ambitious goal of social upliftment by reducing poverty level and income inequality in India. Originality and value: The study is an original work and offers useful suggestions to understand the implication of digital financial services on social upliftment and welfare.