Have you completed your graduation and want to pursue an MBA degree? But if you are not confident due to financial problems and looking for a good scholarship program for your education then I have great news for you. In this article, I am introducing a new scholarship opportunity for MBA-pursuing candidates IDFC First Bank Scholarship 2024
IDFC First Bank has launched a scholarship program called IDFC First Bank Scholarship for students who want to study higher education in MBA but are limited by financial capabilities. This gives hope to look forward to a bright future.
In this scholarship scheme, students admitted in the first year of a two-year full-time MBA course in the selected colleges in India will receive a total of Rs. 2 lakh (1 lakh per year) for two years of their MBA course.
Applicants who meet all the eligibility criteria may apply online on or before 31st July 2024.
In this article, I will share every aspect of the IDFC First Bank Scholarship 2024 like eligibility, last Date, Online Application Process, and more.
IDFC First Bank Scholarship 2024
IDFC First Bank Scholarship is a need-based scholarship program launched by IDFC First Bank that aims to make postgraduate studies in business management accessible to meritorious students who do not belong to very economically sound families and go for higher studies.
IDFC First Bank was first established in 2018. It provides various financial solutions to customers, corporates, and businesses. Now they are also contributing to the educational sector by providing scholarships to meritorious students to pursue MBA degree who do have not the financial power to achieve their educational goals.
It helps students to enlarge their dream of getting admission to some of the best colleges in their financial condition. The scholarship is not just a monetary help to students but it is a real morale booster for them. It lets you know you are a talented individual and recognizes you as a person with potential.
Important Overviews
| Name of the Scholarship | IDFC First Bank Scholarship 2024-26 |
| Launched by | IDFC First Bank |
| Beneficiary | Students who pursuing MBA |
| Number of Scholarships | Total 350 |
| Scholarship Amounts | Rs. 2 lakhs |
| Mode of Application | Online |
| Family Income | Less than or equal to Rs. 6 lakhs per year |
| Last Date of Application | July 31, 2024 |
| Email ID | mbascholarship@idfcfirstbank.com |
IDFC First Bank Scholarship 2024, Amount
The selected candidates will scholarship of amount Rs. 2,000,00/- for two years of full-time MBA studies.
IDFC First Bank Scholarship 2024, Last Date
The last date to apply online for the IDFC FIRST Bank Scholarship 2024-26 is 31st July 2024.
IDFC First Bank Scholarship 2024, Selection Process
The IDFC First Bank will select 350 applicants through the following process-
- The candidates will be shortlisted based on the eligibility criteria defined by the IDFC bank Scholarship authority.
- Document verification
- On-ground Screening Tests will be performed before publishing the final merit list.
**Children of IDFC FIRST Bank employees are not eligible for the scholarship. IDFC FIRST Bank will make the final decision about the distribution of the scholarship.
IDFC First Bank Scholarship 2024, Eligibility Criteria
- Resident: The applicants must be permanent citizens of India.
- Educational Qualification: The students who enrolled in the first year of a 2-year full-time MBA course or its equivalent of the year 2024 may apply for the scholarship.
- Only full-time MBA scholars are eligible to avail of this scholarship.
- Age Limit: The age of the students should not be more than 35 years on the date of application.
- Family Income: The total annual family income of the candidates from all sources is equal to Rs. 6 lakh or less.
Also read: Aditya Birla Capital Scholarship 2024 25
IDFC First Bank Scholarship 2024 Benefits
Students will get the following benefits from the scholarship program-
- The scholarship provides financial assistance to students who are unable to pursue higher studies due to financial burdens.
- It helps students to increase their confidence and inspires them to work hard toward career excellence.
- Students can use the scholarship amount to pay their tuition fees or to buy books or educational items.
IDFC First Bank Scholarship 2024, Apply Online
The willing applicants may apply online for the IDFC FIRST Bank Scholarship 2024 by following the steps mentioned below –
- First, Visit the official website of IFDC First Bank Scholarship
- If you are a new user then click on “New User”.
- They will ask you for some basic details while registering, like your college name, degree name, Aadhar card number, etc.
- Fill all the details carefully to register.
- The login credentials will be sent to your email ID.
- Now, log in with your registered Mobile number.
- Go to the Application section.
- Fill out the application form carefully by providing your personal details, family income details, your educational qualifications.
- After that upload all required documents.
- Check the application form before submitting.
- Finally, click on the ‘Submit’ button to complete the application process & take a printout for further use.
Also read: Gyandhan Scholarship 2024
IDFC First Bank Scholarship 2024, Important Documents
Interested candidates must have the following documents with them while filling out this scholarship application form-
- The students must have a valid mobile number linked to their Aadhar card.
- A valid Email ID of the applicant.
- Valid Mobile number
- Must have an Income Certificate issued by an Authority under the state government.
- Certificate & mark sheet of the graduation course.
- Birth Certificate of the student.
- An admission letter of enrollment into the first year of a two-year full-time MBA program 2024-26 batch.
- Confirmation letter of payment receipt.
- Address proof of the applicants.
Contact Details
If you have any quarries about the scholarship, contact the authorities through the Email provided below-
| Email ID | mbascholarship@idfcfirstbank.com |
FAQs
Who can apply for the IDFC First Bank Scholarship 2024?
Ans. Applicants enrolled in the first year of a two-year full-time MBA course can apply for the scholarship.
What is the last date to apply for the IDFC First Bank Scholarship 2024?
Ans. Students can apply online on or before 31.07.2024 for the scholarship
Are there any application fees required to apply for the IDFC First Bank Scholarship 2024?
Ans. No, there are no application fees required.
What is the maximum income level of the family for the benefit under this scholarship scheme?
Ans. Applicants are eligible to get monetary benefits under the scheme if they have a family income of not more than Rs. 6 lakh per year.
How much amount is provided by the IDFC First Bank for the MBA Scholarship?
Ans. Students will be awarded a scholarship of INR 2 lakh for two years of full-time MBA studies.
Who launched the IDFC First Bank Scholarship 2024?
Ans. The IDFC first bank launched the IDFC FIRST Bank MBA Scholarship 2024.
What is the age limit of the students for the IDFC First Bank Scholarship 2024?
Ans. The age of the applicants should not be more than 35 years.