Kotak Life Insurance is a very well-known insurance company in India, for offers insurance for their benefit. Now Kotak Life Insurance is coming up with a new initiative called Kotak Life Insurance Scholarship 2024 in which they will financially support the economically weaker section students who are permanent residents of Tamilnadu and Maharashtra and currently pursuing B.Com 1st year in 6 specified colleges. There are many students who cannot complete their higher education because of their family financial condition and because of this day, they drop out.
With these views, the Kotak Life Insurance Scholarship will financially support such meritorious and needy students so they can easily complete higher education without feeling the burden of arranging educational fees or other expenses. Students who are interested in applying under the Kotak Life Insurance scholarship then read this article completely as here we will provide you with all the necessary information required for filling out the application form.
Overview of Kotak Life Insurance Scholarship
Kotak Life Insurance Scholarship was introduced by Kotak Life Insurance Company to financially support the education of the permanent residents of Tamilnadu and Maharashtra. This Kotak Life Insurance scholarship is only applicable to those students who are currently pursuing their 1st year of B.Com in 6 specified colleges. The selected students will get a scholarship amount of Up to rupees 30000 per year for 3 years until the completion of their BCom Degree. Students must belong to the economically weaker section of Tamilnadu and Maharashtra with an annual family income should be less than or equal to rupees 3,60000.
- The Kotak Life Insurance scholarship amount will be transferred into the bank account of the respective colleges and from there it will be handed over to the selected student. The selection of students will be done based on their eligibility criteria, document verification, and telephonic interview sessions.
![Kotak Life Insurance Scholarship](https://uramscholarship.in/wp-content/uploads/2023/10/Kotak-Life-Insurance-Scholarship-1.jpg)
Also Read: BYPL SASHAKT Scholarship
The objective of the Kotak Life Insurance Scholarship
The main objective of Kotak Life Insurance Scholarship Is to financially support the education of meritorious and needy students who are motivated towards their education and want to achieve their life goals but because of the financial crisis, they cannot continue their higher education. Through the implementation of the Kotak Life Insurance Scholarship, First-year Bcom students from Tamil Nadu and Maharashtra will get a scholarship amount of rupees 30000 per year. This scholarship amount will be a great help for all those students who want to achieve a Life goal and make their life better. Because education is important for every individual.
Key Highlights of Kotak Life Insurance Scholarship
Launched By | Kotak Life Insurance Company |
Name of Scholarship | Kotak Life Insurance Scholarship |
Objective | To financially support the education of meritorious and needy students |
Benefits | Rs. 30,000 per year |
Eligibility Criteria | Students from 1sy year of B.Com |
Mode of Application | Online |
Official Website | https://www.buddy4study.com/page/kotak-life-insurance-scholarship-program |
Required Documents
- Passport-size photograph
- Classes 10 and 12 mark sheets and passing certificates
- Current year admission proof
- Income Proof
- Student ID card or bonafide certificate issued by the institution
- Bank account details of the applicant
Also Read: AICTE Saksham Scholarship For Specially Abled Students
Benefits of Kotak Life Insurance Scholarship
- Kotak Life Insurance Scholarship is introduced by Kotak Life Insurance Company to financially support the education of the permanent residents of Tamilnadu and Maharashtra.
- This Kotak Life Insurance scholarship is only applicable to those students who are currently pursuing their 1st year of B.Com in 6 specified colleges.
- The selected students will get a scholarship amount of Up to rupees 30000 per year for the duration of 3 years until the completion of their BCom Degree.
- The Kotak Life Insurance scholarship amount will be transferred into the bank account of the respective colleges and from there it will be handed over to the selected student.
- The selection of students will be done based on their eligibility criteria, document verification, and telephonic interview sessions.
Reward Details
- The selected students will get a scholarship amount Up to rupees 30000 per year for 3 years until the completion of their BCom Degree.
Eligibility Criteria
- Students should be permanent residents of Tamil Nadu and Maharashtra.
- The student should be pursuing in 1st year of B.Com under the six specified colleges.
- The annual family income should not be more than rupees 3,60,000.
- Students should score at least 65% marks and their class 10th or 12th standard.
- Candidates should pass their class 12th standard in 2022 or 2023.
- The 6 specified colleges under the Kotak Life Insurance Scholarship are:
- A. Veeriya Memorial Sri Pushpam College (Thanjavur, Tamil Nadu)Nadar Mahajana Sangam S. Vellaichamy Nadar College (Madurai, Tamil Nadu)Edayathangudy G.S. Pillay Arts and Science College (Nagapattinam, Tamil Nadu)Jai Hind Sindhu Education Trust’s Manghanmal Udharam College of Commerce (Pune, Maharashtra)Gokhale Education Society’s B.Y.K. (Sinnar) College of Commerce (Nashik, Maharashtra)
- LRD and SRP College for Women (Nagpur, Maharashtra)
How to Apply Kotak Life Insurance Scholarship Online 2024
- Applicants first need to visit https://www.buddy4study.com/page/kotak-life-insurance-scholarship-program
- The homepage will appear on your screen, here you have to click on the Register button under Kotak Life Insurance Scholarship.
- The registration page will open on your screen, enter the following details:
- Name of applicant
- DOB
- Course
- Aadhar number
- Pin code
- Mobile number, etc.
- After filling all these details, click on the Submit button to complete the application process.
Contact Details
Email id : info@buddy4study.com
FAQs
What is the selection process for the Kotak Life Insurance Scholarship?
The selection of students will be done based on their eligibility criteria, document verification, and telephonic interview sessions.
Who can apply for the Kotak Life Insurance Scholarship?
Students should be permanent residents of Tamil Nadu and Maharashtra. The student should be pursuing in 1st year of B.Com under the six specified colleges.
What is the financial benefit of the Kotak Life Insurance Scholarship?
The selected students will get a scholarship amount of Up to rupees 30,000 per year for 3 years until the completion of their BCom Degree.