The Kotak Junior Scholarship 2023-24 in India, is now accepting applications from students in Class 11 or above, hailing from an economically disadvantaged background in the Mumbai Metropolitan Region.
This scholarship is a collaborative effort of the Kotak Education Foundation (KEF), and the CSR implementing agency of Kotak Mahindra Group. This scholarship aims to provide financial assistance and support to students like you, fostering your educational journey and overall development.
Kotak Junior Scholarship Program
The Kotak Junior Scholarship program for the academic year 2023-24 is designed to aid and empower students enrolled in Class 11 at junior colleges/schools within the Mumbai Metropolitan Region. Through this initiative, KEF aims to create a robust support system for deserving students, offering not only financial assistance but also comprehensive guidance and mentoring.
About Kotak Mahindra Group
Established in 1985, the Kotak Mahindra Group has grown to become a prominent financial services conglomerate in India. The group achieved a significant milestone in February 2003 when Kotak Mahindra Finance Ltd. This achievement transformed KMFL into Kotak Mahindra Bank Ltd.
With a concentrated focus on India, the group offers diversified financial services tailored to the requirements of both individuals and corporates.
In line with its inclusive vision, the group has developed products and services specifically designed to cater to the unbanked and underbanked segments of the population. To learn more about the Kotak Mahindra Group, please visit their official website at www.kotak.com.
The Kotak Education Foundation
The Kotak Education Foundation (KEF), established on January 14, 2007, is dedicated to combating urban poverty through education and livelihood initiatives.
The foundation’s core objective is to empower children and young individuals from underprivileged families by offering a range of educational programs and vocational skills training initiatives.
The ultimate aim is to equip them with employable skills and enable them to lead a life of dignity. KEF’s scholarship program focuses on meritorious students, providing not only financial assistance but also mentoring and coaching sessions.
Eligibility Criteria
To be eligible for the Kotak Junior Scholarship 2023-24, applicants must fulfill the following criteria:
- Secured above 85% marks in the Class 10 board examination (SSC/CBSE/ICSE) in 2023.
- Annual family income must be Rs. 3,20,000/- or less.
- Applicants must be received an offer for admission in Class 11 at junior schools in Mumbai for Arts, Commerce, and Science Streams, within the Mumbai Metropolitan Region.
- The scholarship is not open to Children of employees of the Kotak Education Foundation
Benefits of the Scholarship
The selected students under the Kotak Junior Scholarship 2023-24 will receive monthly financial assistance of INR 3,000. It is important to note that this scholarship amount will be reimbursed on a quarterly basis.
The scholarship fund is specifically designated for academic expenses such as tuition fees, books, stationery, travel, and other related educational needs.
Application Process for Kotak Junior Scholarship 2023-24
Applying for the Kotak Junior Scholarship 2023-24 is a simple process. Follow the steps below to complete your application:
- Click on the application link on: https://www.buddy4study.com
- Login with the registered ID and go to the ‘Application Form Page.’
- If you are not registered on Buddy4Study, you can easily register with your Email/Mobile number/Gmail account.
- After registering, You will be taken to the Scholarship application form page.
- Click on the ‘Start Application’ button to begin the application process.
- Enter the appropriate details in the online application form.
- Upload the relevant documents and accept the ‘Terms and Conditions
- After that Click on ‘Preview.’
- You should review all the details provided in the application form.
- Once you’re done with the review, click on the ‘Submit’ button to complete the application process.
Conclusion
The Kotak Junior Scholarship 2023-24 program is a remarkable opportunity for meritorious students from economically disadvantaged backgrounds. It not only provides financial assistance but also extends comprehensive support to ensure the holistic development of the youth. Seize this chance to fulfill your educational aspirations.
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