The IDFC FIRST Bank MBA Scholarship 2023-25 in India is a prestigious scholarship program designed for outstanding students aspiring to pursue a post-graduate degree in business management.
This need-based scholarship program aims to provide financial support to students with a family income of less than INR 6 lakh per annum. Enabling them to pursue an MBA degree without worrying about financial burdens.
IDFC FIRST Bank MBA Scholarship
The IDFC FIRST Bank MBA Scholarship is a commendable initiative by IDFC FIRST Bank, designed to assist talented students who face financial obstacles in accessing higher education.
Through the provision of financial aid to deserving candidates, the scholarship program empowers students to fulfill their academic aspirations and become future leaders in the field of business management.
Eligibility Criteria
To be eligible for the IDFC FIRST Bank MBA Scholarship 2023-25, applicants must meet the following criteria:
- Indian students enrolled in the first year of a 2-year full-time MBA program: The scholarship is exclusively available to Indian students. Pursuing a 2-year full-time MBA program for the class of 2023 at selected educational institutions. This ensures that students are already committed to their business management studies and are seeking support to continue their education.
- Family income less than or equal to INR 6 lakh per annum: The gross annual family income of the applicants should be less than or equal to INR 6 lakh. This criterion ensures that the scholarship reaches students. From economically disadvantaged backgrounds, enabling them to overcome financial barriers and pursue their academic goals.
- Age limit of 35 years: Candidates applying for the scholarship should not be more than 35 years of age on the date of application. This age restriction ensures that the scholarship program is accessible to both young graduates. And experienced professionals who wish to enhance their skills and knowledge in business management.
- The valid mobile number linked to the Aadhaar card: Applicants must possess a valid mobile number linked to their Aadhaar card. This requirement ensures smooth communication throughout the application process and enables effective verification of applicants’ details.
Prizes and Rewards
The IDFC FIRST Bank MBA Scholarship provides a substantial reward to deserving students, supporting them financially throughout their MBA studies. Here are the details of the prizes and rewards:
- INR 2 lakh for 2 years of MBA studies: The scholarship offers a generous amount of INR 2 lakh to cover the expenses of the entire 2-year MBA program. The scholarship amount is disbursed in two installments of INR 1 lakh per year, providing consistent support to students.
- The financial aid provided through this scholarship relieves students from the burden of educational expenses. Allowing them to focus on their studies, personal growth, and career development.
Application Process
Applying for the IDFC FIRST Bank MBA Scholarship is quite easy. The scholarship program accepts online applications only. Here’s what you need to do:
- Visit the official website of IDFC FIRST Bank MBA Scholarship: b4s.in/it/IFBMS4
- Enter the required details in the online application form.
- Submit the necessary documents, including income proof and age verification.
- Ensure that you provide a valid mobile number linked to your Aadhaar card for communication purposes.
- Check the application thoroughly before submitting it.
Application Deadline
The last date to apply for the IDFC FIRST Bank MBA Scholarship is July 31, 2023.
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