Students with families earning less than INR 6 lakh annually are eligible to apply for the IDFC FIRST Bank MBA Scholarship 2024-26. This scholarship is a need-based scholarship program offered by IDFC FIRST Bank. This scholarship program aims to provide postgraduate business management education to deserving individuals who are unable to continue their education. By this scholarship, students will earn INR 2 lakh for the first two years of a two-year full-time MBA program in the academic session 2024–2026 (INR 1 lakh/year). Its CSR initiative which includes the IDFC FIRST Bank MBA Scholarship 2024-26. Keep reading this article to know more about the scholarship.
About IDFC FIRST Bank MBA Scholarship
The IDFC FIRST Bank MBA Scholarship 2024–2026 has been officially launched by the IDFC bank administration. The IDFC Bank authority launched the IDFC FIRST Bank MBA Scholarship 2024–2026 in order to assist all students who wish to study an MBA but are unable to do so because of financial difficulties. The student will receive financial aid under this program, allowing them to finish their MBA without having to worry about money issues. The chosen applicant’s bank account will receive a direct transfer of the funding. Before the deadline of July 30, 2024, all applicants who meet the eligibility requirements may visit the official website and complete the online application.
Also Read: MBA Scholarships in India
The objective of IDFC FIRST Bank MBA Scholarship
The primary objective of the IDFC FIRST Bank MBA Scholarship is to provide financial assistance to the deserving and to those who are academically good. This scholarship will give them the hope to continue their post-graduate studies. During the years 2024–2026, the IDFC FIRST Bank MBA Scholarship program is an essential part of their CSR project. Under the scholarship program, the bank authority would give INR 2 lakh in financial support to every one of the selected applicants. With the financial aid provided by the program, students can realize their goals and advance in their careers.
Key Highlights of IDFC FIRST Bank MBA Scholarship
| Name of the Scholarship | IDFC FIRST Bank MBA Scholarship 2024-26 |
| Provided by | IDFC FIRST Bank |
| Benefits | INR 2 lakh for 2 years of MBA studies (INR 1 lakh/year) |
| Application Mode | Online through Buddy4Study portal |
Eligibility Criteria
- Only available to Indian citizens living in India.
- For the class of 2024, applicants must be enrolled in the first year of a two-year full-time MBA program or its equivalent.
- Candidates must be enrolled in one of the MBA programs specified in the document that is attached.
- A family’s gross annual income from all sources must not exceed INR 6 lakh.
- Candidates must have a working cellphone number that is connected to their Aadhaar number.
Benefits of IDFC FIRST Bank MBA Scholarship
- The program will provide financial aid to the chosen applicants so they can finish their MBA studies.
- The chosen candidate will receive a direct payment of INR 2 lakh in financial assistance to their bank account.
- Students in uncertain financial situations can pursue higher education with the support of this program.
- With the assistance of an MBA, students can easily land a job and realize their goals.
Also Read: Sunstone Bright Minds Scholarship
Required Documents
- Evidence of Admission (name of the institution, year of admission, and batch)
- Copies of invoices for fees
- Documentation for Academic Records:
- Copies of the passing certificate or graduation mark sheet with income verification (please select one):
- Income Certificate from the appropriate government agency (Magistrate or Tehsildar)
- Income Tax Return Copies (Form 16A)
- Salary slips copies
- Additional Documents (if any):
- Certificates of Disability, Approved Loans, and Death (if the only earner in the immediate family has passed away)
- Records of any additional MBA scholarships obtained
Reward Details
- Under the scholarship program, the bank authority would give INR 2 lakh in financial support to each one of the selected applicants.
Important Dates
- The applications for the IDFC FIRST Bank MBA Scholarship 2024-26 are currently open.
- The last date to submit the application forms is July 31, 2024.
Selection Process
- The candidates who meet the eligibility requirements will be chosen.
- The only candidates who qualify for this scholarship are those who wish to pursue an MBA degree.
- To be eligible for this scholarship, the applicant’s bank account and Aadhar card must be linked.
- Should the applicant’s family’s annual income surpass INR 6 lakh, he would not be granted the scholarship.
IDFC FIRST Bank MBA Scholarship Apply Online
Step 1: Go to the https://www.buddy4study.com/page/idfc-first-bank-mba-scholarship webpage. After carefully reading all the information, click the “Apply Now” button for the appropriate scholarship category.
Step 2: Use your registered ID to log into Buddy4Study, then navigate to the “Application Form Page.”
Step 3: If you haven’t already, sign up at Buddy4Study using your Gmail account, phone number, or email address.
Step 4: The “IDFC FIRST Bank MBA Scholarship 2024–26” application form page will now be displayed to you.
Step 5: To start the application process, click the “Start Application” button.
Step 6: Complete the online application form with the necessary information. Add any important papers.
Step 7: Click “Preview” after agreeing to the “Terms and Conditions.”
Step 8: Click “Submit” to finish the application process if all of the applicant’s information appears accurately on the preview screen.
Contact details
- Visit https://www.buddy4study.com/ for more information or queries
FAQS
What is IDFC First Bank MBA Scholarship?
This scholarship program aims to provide postgraduate business management education to deserving individuals who are unable to continue their education
What are the benefits of this scholarship?
Under the scholarship program, the bank authority would give INR 2 lakh in financial support to each and every one of the selected applicants.
Who is eligble?
For the class of 2024, applicants must be enrolled in the first year of a two-year full-time MBA program or its equivalent.