IDFC FIRST Bank MBA Scholarship 2024-26

IDFC FIRST Bank MBA Scholarship 2024-26


  

 

IDFC FIRST Bank MBA Scholarship 2024-26

About The Program:

IDFC FIRST Bank MBA Scholarship is a need-based scholarship program by IDFC FIRST Bank that financially supports students with family incomes of less than INR 6 lakh per annum. The purpose of this scholarship is to make postgraduate studies in business management accessible to meritorious students who are unable to pursue higher studies due to financial constraints. 

 

Under this scholarship, students enrolled in the first year of a two-year full-time MBA course in the academic session 2024-26 will receive INR 2 lakh for two years of their MBA program (INR 1 lakh/year). 

 

IDFC FIRST Bank was founded in December 2018 after the merger of IDFC Bank and Capital FIRST. The bank provides a range of financial solutions to individuals, small businesses, and corporates. It has a nationwide presence and operates in retail, wholesale, and other banking segments. The scholarship program forms part of its CSR initiative for the years 2024-26

Eligibility:

1. Open to Indian nationals residing in India only.

 

2. Students must be enrolled in the first year of a 2-year full-time MBA program or its equivalent for the class of 2024.

 

3. Applicants must be enrolled in one of the MBA colleges listed in the attached document.

 

4. The gross annual family income from all sources should be less than or equal to INR 6 lakh.

 

5. Applicants must have a valid mobile number linked to their Aadhaar number.

Benefits:

The selected MBA students will be awarded a scholarship sum of INR 2,00,000 for two years of full-time MBA studies (INR 1 lakh per annum, subject to terms and conditions*).

Documents Required:

Below is the list of documents that need to be uploaded before the final submission of the application form:

 

Admission Related Documents

Admission proof (including the name of the institution, admission year, and batch)

Copy of fee receipt

 

Academic Record Documents

Copy of graduation marksheet/passing certificate

 

Income Proof (any one)

Income certificate issued by a relevant government authority (Tehsildar or Magistrate)

Copy of Income Tax Returns (Form 16A)

Copy of salary slip

 

Other Documents (if applicable)

Disability certificate

Sanctioned loan letter

Death certificate, if there is a death of the sole earning member of the immediate family

Documents of any other scholarships received for pursuing an MBA

How can you apply?

Interested candidates may visit the official website https://www.idfcfirstbank.com/csr-activities/educational-initiatives/mba-scholarship

On the official website, please check for Scholarship Details.

 

Click on the required Scholarship notification and check the official notification.

 

Eligible candidates can fill out the online application with the required documents.

 

After registering online, the candidates are advised to take a printout for future reference.

 

Eligible candidates can apply through the official link which is given below in the Apply Online section.

Last date to apply for the scholarship:

31.07.2024

Official Notification:

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Apply Online:

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