IDFC Scholarship of 2 Lakhs to MBA students, Deadline 31st July Apply now.

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 :-

• Open to Indian nationals residing in India only.

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

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

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

• Applicants must have a valid mobile number linked to their Aadhaar number

• Last date to apply for scholarship is 31-July-2024.

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?

• Click on this link and click apply now.

• Login to Buddy4Study using a registered ID to land on the ‘Online Application Form Page’. If not registered on Buddy4Study, register at Buddy4Study with your email, mobile, Facebook, or Gmail account.

• You will now be redirected to the ‘IDFC FIRST Bank MBA Scholarship 2024-26’ official website.

• Read all the details carefully and click on the ‘Apply Now’ button.

• Check your eligibility and get your Aadhaar card and mobile number verified.

• A welcome communication containing login URL, user ID, and password will be sent to the applicants.

• Log in to the application portal and fill in all the required details in the online scholarship application form.

• Upload the necessary documents.

• Finally, submit the application form.