IDFC FIRST Bank MBA Scholarship 2025-27 – Empowering Tomorrow’s Business Leaders

Students who aspire to pursue an MBA after graduation but face financial constraints can consider applying for the IDFC FIRST Bank MBA Scholarship. Offered by IDFC FIRST Bank, this scholarship provides a fixed financial assistance of ₹1 lakh per year for two years.  It can be used to cover college fees, hostel charges, mess expenses, and other educational costs. To learn more about the IDFC FIRST Bank MBA Scholarship 2025-27, keep on reading below. 

IDFC FIRST Bank MBA Scholarship Overview

IDFC FIRST Bank MBA Scholarship 2025-27 is a need-based scholarship for students pursuing a two-year MBA programme. The aim of the scholarship is to financially support students from families with an annual income of less than ₹6 lakh, enabling them to complete their MBA. This scholarship is provided by IDFC FIRST Bank, which was established in December 2018 following the merger of IDFC Bank and Capital FIRST. The bank provides financial solutions to individuals, small businesses, and corporations. With a nationwide presence, it operates across retail, wholesale, and other banking segments. The scholarship program is part of its CSR initiative for the years 2025-27.

IDFC FIRST Bank MBA Scholarship Key Details

Particulars	Details
Name of the Scholarship	IDFC FIRST Bank MBA Scholarship 2024-26
Provider Name	IDFC FIRST Bank
Scholarship Type	Need-based
Eligibility	Indian students enrolled in the first year of a 2-year full-time MBA program for the class of 2025 at selected educational institutions may apply for this scholarship. Applicants’ gross annual family income should be less than or equal to ₹6 lakh. Applicants must have a valid mobile number linked to their Aadhaar number.
Award	₹2 lakh for 2 years of MBA studies (₹1 lakh/year)
Application Mode	Online through the Buddy4Study portal
Direct Application Link	Click Here
Academic Session	2025-2027

IDFC FIRST Bank MBA Scholarship 2025-27 – Key Dates

The application for the IDFC FIRST Bank MBA Scholarship 2025-27 is now open. Eligible students can visit the Buddy4Study website to complete and submit the application form before the deadline. The last date of application is mentioned in the table below. 

IDFC FIRST Bank MBA Scholarship Application Dates 2025-27

Events	Dates
Last date of application for the IDFC FIRST Bank MBA Scholarship	June 30, 2025

Note: The application deadline mentioned above may change at the discretion of the scholarship provider.

IDFC FIRST Bank MBA Scholarship Eligibility Criteria

• Open to Indian nationals residing in India
• Must be enrolled in the first year of a 2-year full-time MBA or equivalent program (Class of 2025)
• Admission must be in one of the approved MBA colleges.
• Gross annual family income must be ₹6 lakh or less
• Must have a valid mobile number linked to Aadhaar

Click here for the list of approved colleges as per IDFC First Bank.

IDFC FIRST Bank MBA Scholarship 2025-27 Awards

With the help of the IDFC FIRST Bank MBA Scholarship, students receive a fixed amount each year for the duration of their MBA course. Students will receive a total of ₹2,00,000 over two years. More details can be found below. 

IDFC FIRST Bank MBA Scholarship 2025-27 Benefits

Level of Education	Award Amount
For MBA	₹1 lakh per year for two years

IDFC FIRST Bank MBA Scholarship Application Process

IDFC FIRST Bank MBA Scholarship application 2025-27 can be completed online through the Buddy4Study website. Below, we have outlined the detailed steps to help you fill out the application form quickly. 

Step 1: Visit the official website of Buddy4Study and then go to the IDFC FIRST Bank MBA Scholarship 2025-27 application page. (buddy4study.com/page/idfc-first-bank-mba-scholarship).

Step 2: Now you will be redirected to the IDFC FIRST Bank’s official website.

Step 3: Click on the ‘New User? Sign Up Here button to start the registration process.

Step 4: Now enter your mobile number and click on ‘Send OTP’. Verify your number by entering the correct OTP. 

Step 5: Choose your course and then select Buddy4Study in the second option. You can refer to the image above for more details.

Step 6: Now enter your college name, degree name, and batch year.

Step 7: Next, provide your family income details in the application form as shown in the image below. 

Step 8: Now, choose whether you are an Indian citizen or not on the next page. Also, you need to provide your Aadhaar card in the given field. 

Step 9: Now enter your mobile number and verify it with OTP. 

Step 10: Go to the login page of IDFC FIRST Bank and enter your mobile number and the OTP to log into your account. 

Step 11: Now fill out the IDFC FIRST Bank MBA Scholarship 2025-27 application form and upload all the required documents. 

Step 12: Click on submit and take out the printout of the application confirmation page for future reference. You will also receive a confirmation email and messages on your registered email and phone number. 

Documents Needed for IDFC FIRST Bank MBA Scholarship Application

Students interested in applying for the IDFC FIRST Bank MBA Scholarship 2025-27 should keep all the required documents ready before starting the application process. Below, we have listed all the required documents for the IDFC FIRST Bank MBA Scholarship application. 

Document Category	Required Documents
Admission Documents	Proof of admission (showing institution name, admission year, and batch), Copy of the latest fee receipt
Academic Documents	Graduation marksheet or passing certificate
Income Proof (any one)	Income certificate issued by a government authority (Tehsildar/Magistrate), Copy of Income Tax Return (Form 16A), Recent salary slip
Additional Documents (if applicable)	Disability certificate, Sanctioned education loan letter, Death certificate (in case of deceased sole earning family member), Proof of any other MBA scholarships received

IDFC FIRST Bank MBA Scholarship Contact Details

In case of any queries related to the IDFC FIRST Bank MBA Scholarship 2025-27, such as eligibility, application process, award details, or selection process—please contact us at the email ID given below.

Contact Information of IDFC FIRST Bank MBA Scholarship 

Particulars	Details	Timings
Email Address	mbascholarship@idfcfirstbank.com	Anytime

FAQs

What is the amount of the IDFC FIRST Bank MBA Scholarship 2025-27?

Students will receive ₹1 lakh per annum for two years under the IDFC FIRST Bank MBA Scholarship 2025–27.

Who can apply for the IDFC FIRST Bank MBA Scholarship 2025-27?

Students who have secured admission into a full-time MBA program at one of the approved colleges are eligible to apply.

Can the wards of government employees apply for the IDFC FIRST Bank MBA Scholarship?

Yes, wards of government employees can apply, provided the family income does not exceed ₹6 lakh per annum.

Can NRI students apply for the IDFC FIRST Bank MBA Scholarship?

No, NRI students are not eligible. The scholarship is only for Indian nationals.

Can MBA students of the 2024-25 or previous batch apply for the IDFC FIRST Bank MBA Scholarship 2025-27?

No, only students enrolled in the 1st year of their MBA/PGDM program in the academic year 2025–27 are eligible.