IDFC FIRST Bank Scholarship for MBA students: Here is how you can apply for Rs 1 lakh grant

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IDFC FIRST Bank Scholarship for MBA students: Here is how you can apply for Rs 1 lakh grant

IDFC FIRST Bank has announced a scholarship program for MBA students enrolled in the academic session 2022-24.

The students selected for this scholarship program will be awarded Rs 1 lakh per year to cover the tuition fees of their MBA program.

Eligibility for IDFC FIRST Bank MBA Scholarship:

•             IDFC FIRST Bank Scholarship applicants must fulfill the following eligibility criteria:

•             The applicants must be Indian Nationals residing in India only.

•             Applicable for students enrolled in the first year of the 2-year MBA program of starting a batch of the current financial year.

•             Applicants should be enrolled in any of the MBA colleges mentioned in the list attached in the ‘Frequently Asked Questions’ section below.

•             The gross annual family income of the applicants from all sources should be less than or equal to INR 6 lakhs per annum.

•             Candidates should be 35 years of age or younger at the date of application.

Benefits of IDFC FIRST Bank MBA Scholarship:

•             The selected MBA students will be awarded a scholarship sum of Rs 2,00,000 (Rs 1 lakh/year) over their 2 years MBA program.

Documents needed for IDFC FIRST Bank MBA Scholarship:

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

Personal Information documents:

•             Applicant’s photograph

•             Identity Proof (Aadhar Card, Voter ID Card, Driving License)

Admission-related documents:

•             Admission Proof (With the name of institution, admission year, and batch)

•             Copy of Fee Receipt

Academic record documents:

•             Copy of Graduation mark sheet/passing certificate

Income Proof:

•             Copy of Salary Slip (Parents)

•             Copy of Income Tax Returns (Form 16A)

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

Other Documents (If applicable):

•             Disability certificate

•             Loan sanction letter

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

•             Document any other scholarships received for pursuing MBA

How can you apply for IDFC FIRST Bank MBA Scholarship?

•             Visit the official website of IDFC FIRST Bank MBA Scholarship application form page.

•             Click on the ‘Start Application’ button to begin the application process.

•             Fill in the required details in the online scholarship application form.

•             Upload the required documents.

•             If all the details filled in by the applicant are correctly showing on the preview screen, click on the ‘Submit’ button to complete the application process.

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