IDFC FIRST Bank MBA Scholarship 2026-28 – Study Today. Lead Tomorrow. Impact Forever.

The IDFC FIRST Bank MBA Scholarship 2026-28 is a need-based financial assistance program by IDFC FIRST Bank, designed to support deserving students from economically weaker sections who are pursuing a full-time MBA degree.

Open to Indian nationals with an annual family income not exceeding INR 6,00,000, the scholarship offers total financial support for two years, ensuring that a lack of funds never comes in the way of a promising management career.

IDFC FIRST Bank MBA Scholarship 2026-28 Overview

Every year, thousands of talented students gain admission into top management institutes across India, yet a significant number find themselves unable to sustain the financial demands of a full-time MBA program. IDFC FIRST Bank, one of India’s trusted private sector banks, has stepped forward to change this reality. The bank has introduced the IDFC FIRST Bank MBA Scholarship 2026-28 to ease the financial burden on meritorious students and help them invest their energy in education, not in financial worry. The scholarship is open to first-year MBA students enrolled in a select list of eligible institutions across India.

For detailed eligibility criteria and other important information, refer to the comprehensive guide below.

IDFC FIRST Bank MBA Scholarship 2026-28 Key Details

Particulars	Details
Name of the Scholarship	IDFC FIRST Bank MBA Scholarship 2026-28
Provider Name	IDFC FIRST Bank
Scholarship Type	Need-based scholarship
Eligibility	Open to Indian nationals residing in India, enrolled in the first year of a 2-year full-time MBA program or its equivalent (Class of 2026). Applicants must be enrolled in one of the MBA colleges listed in the attached document. (Eligible college list) Annual gross family income from all sources must not exceed INR 6,00,000. A valid mobile number linked to the applicant’s Aadhaar card is mandatory.
Award	Selected students will receive INR 2 lakh for two years of full-time MBA studies (INR 1 lakh/year)
Application Mode	Online through the Buddy4Study portal
Direct Application Link	Click Here
Academic Session	2026-28

IDFC FIRST Bank MBA Scholarship 2026-28 Key Dates

Applications for the IDFC FIRST Bank MBA Scholarship 2026-28 are now open. Interested students are encouraged to apply at the earliest to avoid last-minute delays.

IDFC FIRST Bank MBA Scholarship 2026-28 Application Dates

Particulars	Details
Last Date to Apply	July 08, 2026

IDFC FIRST Bank MBA Scholarship 2026-28 Eligibility Criteria

• Open to Indian nationals residing in India only, and must be studying in the first year of a 2-year full-time MBA program or its equivalent for the class of 2026.
• Must be enrolled in one of the MBA colleges listed in the attached document. (Eligible college list)
• Gross annual family income, including all sources, should be less than or equal to INR 6 lakh.
• Applicants should have a valid mobile number linked to their Aadhaar number.
• The earning member should not be an IDFC employee

IDFC FIRST Bank MBA Scholarship 2026-28 Awards

Selected students will receive a total scholarship amount of INR 2,00,000, disbursed as INR 1,00,000 per year across the two-year MBA program.

Note: The second year’s scholarship is subject to the student clearing the first year and being promoted to the second year of the program.

Documents Required for IDFC FIRST Bank MBA Scholarship 2026-28

Applicants must ensure all the following documents are ready before final submission of the application form.

Admission-Related Documents

• Admission proof (including institution name, year of admission, and batch)
• Fee receipt for the current academic year

Residence and Age Proof (any one)

• Birth certificate, Class 10 passing certificate, or passport

Income Proof (any one)

• Income certificate of the earning member
• Intimation under Section 143(1) document
• In case of no earning member: a valid no-income certificate issued by a competent government authority

Other Documents (if applicable)

• Disability certificate
• Sanctioned loan letter
• Death certificate, if the sole earning member of the family has passed away
• Documents related to any other scholarship received for MBA studies

IDFC FIRST Bank MBA Scholarship 2026-28 Application Process

Follow this step-by-step guide to apply for the IDFC FIRST Bank MBA Scholarship 2026-28.

Step 1: Visit the official scholarship page on Buddy4Study.

Step 2: Scroll down and click on the ‘Apply Now’ button.

Step 3: Log in to Buddy4Study with your registered ID, or create a new account using your email, mobile number, Facebook, or Gmail account.

Step 4: You will be redirected to the official IDFC FIRST Bank MBA Scholarship portal.

Step 5: Read all details carefully and click on ‘Apply Now’ to proceed.

Step 6: Complete your eligibility check and verify your Aadhaar-linked mobile number.

Step 7: A welcome communication with your login credentials will be sent to you.

Step 8: Log in to the application portal and fill in all required details in the online scholarship form.

Step 9: Upload all necessary documents.

Step 10: Review all details carefully and click ‘Submit’ to complete your application.

Note: Applicants are advised to use Google Chrome for an uninterrupted experience on the student portal.

IDFC FIRST Bank MBA Scholarship 2026-28 Contact Details

For any queries related to the IDFC FIRST Bank MBA Scholarship 2026-28, including eligibility, application timelines, or disbursal details, students may reach out to the scholarship provider via email.

Contact Details for IDFC FIRST Bank MBA Scholarship 2026-28

Particulars	Details	Timings
Email Address	mbascholarship@idfcfirst.bank.in	Any time

FAQs

Q1. What happens to my scholarship if I do not pass my first year of the MBA program? 

The second year of the scholarship is directly linked to academic progression. Students must clear their first year and be officially promoted to the second year to remain eligible for the second year’s scholarship amount of INR 1,00,000.

Q2. I applied for this scholarship in a previous cycle but was not selected. Can I apply again? 

Yes. If you are currently enrolled in the first year of your full-time MBA program as part of the 2026-28 batch, you are eligible to apply afresh. Previous unsuccessful applications have no bearing on your current eligibility.

Q3. How is family income calculated for this scholarship? 

Family income includes earnings from parents or guardians, spouse, unmarried siblings, and other dependent family members living together. The income of a widowed daughter or sister is excluded from this calculation. Both salaried and non-salaried income sources are taken into account.

Q4. My college is not on the eligible college list. What can I do? 

Only students enrolled at institutions listed on IDFC FIRST Bank’s official eligible college list can apply. If your college is not included, you may write to the bank suggesting it for consideration in future scholarship cycles. However, inclusion in future lists is not guaranteed.

Q5. I am pursuing my MBA through distance education/ Part-time MBA. Am I eligible for this scholarship?

No, only students pursuing an MBA full-time are eligible for the scholarship.