The IDFC FIRST Bank MBA
Scholarship is a thoughtful initiative designed to empower financially
constrained students with the ambition and capability to pursue higher
education in business management. Aimed at promoting equity and inclusivity in
education, the scholarship program provides much-needed financial support to
Indian students from economically weaker sections, making their dream of an MBA
degree a tangible reality.
The primary goal of the IDFC
FIRST Bank MBA Scholarship is to ensure that meritorious students are not held
back from pursuing postgraduate studies in management due to financial
constraints. With an ever-increasing cost of education, many talented students
are forced to either abandon or postpone their aspirations. This need-based
scholarship addresses this gap by financially assisting deserving candidates,
thereby fostering an ecosystem of inclusive growth and development.
SCHOLARSHIP BENEFITS
Under this scholarship,
selected students enrolled in the first year of a two-year full-time MBA
program for the academic session 2025–27 will receive INR 2,00,000 over two
years, disbursed as INR 1,00,000 per annum. This financial aid covers a
significant portion of tuition and related academic expenses, allowing students
to focus on their studies without the added burden of financial stress.
ELIGIBILITY CRITERIA
To qualify for the IDFC
FIRST Bank MBA Scholarship, candidates must meet the following conditions:
- Must be Indian nationals residing in
India.
- Should be enrolled in the first year of
a two-year full-time MBA program or equivalent, beginning in 2025.
- Must be admitted to one of the eligible
MBA colleges listed by IDFC FIRST Bank.
- The applicant’s gross family income
should be less than or equal to INR 6 lakh per annum from all sources.
- A valid mobile number linked to the
applicant’s Aadhaar number is required for verification purposes.
REQUIRED DOCUMENTS
Applicants are expected to
upload a set of documents for verification before submitting their application.
These include:
1. Admission Related
Documents
- Proof of admission that mentions the
institution name, admission year, and batch.
- Copy of the MBA course fee receipt.
2. Academic Records
- Copy of graduation marksheet or final
passing certificate.
3. Income Proof (any one of
the following):
- Government-issued income certificate (by
Tehsildar or Magistrate).
- Copy of Income Tax Returns (Form 16A).
- Recent salary slip of the earning
member.
4. Additional Documents (if
applicable):
- Disability certificate.
- Sanctioned loan letter.
- Death certificate of the sole earning
family member.
- Proof of any other scholarships availed
for the MBA.
APPLICATION DEADLINE
The deadline to apply for
the IDFC FIRST Bank MBA Scholarship is 30th June 2025. Interested and eligible
students are encouraged to complete their applications well in advance to avoid
last-minute technical issues.
The IDFC FIRST Bank MBA Scholarship reflects a deep commitment to inclusive education and meritocracy. By supporting deserving students financially, it helps shape the next generation of business leaders who can contribute meaningfully to the country’s economic and social progress.
Register for Scholarship, Our Support team will contact you shortly |
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