IDFC FIRST Bank MBA Scholarship

IDFC FIRST Bank MBA Scholarship is a need-based scholarship program run by IDFC FIRST Bank to financially support students with family income of less than INR 6 lakh per annum. The purpose of this scholarship is to make post-graduate studies in business management accessible to meritorious students who are unable to pursue higher studies due to financial constraints. 
 
Under this scholarship, students enrolled into the first year of a two-year full-time MBA course in the academic session 2023-25 will be provided with INR 2 lakh for two years of their MBA program (INR 1 lakh/year). 

Eligibility  IDFC FIRST Bank MBA Scholarship

Education Qualification
Open for Indian Nationals, residing in India only.
Students enrolled in first year of a 2-year full-time MBA program or its equivalent for the class of 2023 are eligible.
Applicants should be enrolled in any of the MBA colleges mentioned in the attached list.
The gross annual family income of the applicants from all sources should be less than or equal to INR 6 lakh.
Candidates should be no more than 35 years of age on the date of application.
The applicant must have a valid mobile number linked to Aadhaar card.
 
Benefits For  IDFC FIRST Bank MBA Scholarship
 
The selected MBA students will be awarded a scholarship sum of INR 2,00,000 for two years of full-time MBA studies (INR 1 lakh per annum subject to T&C*). 
 
Documents For  IDFC FIRST Bank MBA Scholarship
 
Admission related documents
Admission Proof (With name of 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 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
Document of any other scholarships received for pursuing MBA
 
Application Form  IDFC FIRST Bank MBA Scholarship
 
1. Click on the ‘Apply Now’ button below.
2. Login to Buddy4Study using a registered ID to land onto the ‘Online Application Form Page’.
3. If not registered on Buddy4Study - Register at Buddy4Study with your Email/Mobile/Gmail account. 
4. You will now be redirected to the ‘IDFC FIRST Bank MBA Scholarship’ official website. 
5. Read all the details carefully and click on the ‘Apply Now’ button. 
6. Check your eligibility and get your Aadhaar card and mobile number verified. 
7. A welcome communication will be sent to the applicants containing login URL, user ID and password. 
8. Login to the application portal and fill in all the required details in the online scholarship application form.
9. Upload the required documents.
10. Finally, submit the application form.