IDFC FIRST Bank MBA Scholarship 2024-26
Follow this page to get timely alerts on
- Latest announcement about this scholarship
- Updates on scholarship deadline extension
- Notification of scholarship result declaration
About The Program
IDFC FIRST Bank MBA Scholarship is a need-based scholarship program by IDFC FIRST Bank that financially supports students with family incomes of less than INR 6 lakh per annum. The purpose of this scholarship is to make postgraduate studies in business management accessible to meritorious students who are unable to pursue higher studies due to financial constraints.
Under this scholarship, students enrolled in the first year of a two-year full-time MBA course in the academic session 2024-26 will receive INR 2 lakh for two years of their MBA program (INR 1 lakh/year).
IDFC FIRST Bank was founded in December 2018 after the merger of IDFC Bank and Capital FIRST. The bank provides a range of financial solutions to individuals, small businesses, and corporates. It has a nationwide presence and operates in retail, wholesale, and other banking segments. The scholarship program forms part of its CSR initiative for the years 2024-26.
Terms and Conditions
-
Students admitted to the 1st year of a 2-year full-time MBA or equivalent program at selected institutions/colleges are eligible for this scholarship.
-
Students pursuing a 1-year executive program, integrated MBA program, or any MBA program other than a 2-year full-time MBA/PGDM program are not eligible for this scholarship.
-
The final grant of scholarships will occur only after the documents are verified and the shortlisted applicants are screened on the ground. Failure to comply with these stages or meet the requirements within the stipulated time frame will result in the candidature being rejected.
-
Applicants need to provide the necessary details for on-ground verification to the bank representatives as mentioned in the form.
-
The scholarship amount is meant to cover tuition fees and will be disbursed directly to the account of the institution/college of admission. Final disbursement will take place after the student submits the fee receipt.
-
IDFC FIRST Bank will make the final selection of awardees at its absolute and sole discretion. Submission of the application does not guarantee a scholarship grant.
-
Awardees must attend all IDFC FIRST Bank events related to the IDFC FIRST Bank MBA Scholarship.
-
Students must pass their first year and be promoted to the second year to remain eligible for the second year of the scholarship.
-
Children of IDFC FIRST Bank employees are not eligible for the scholarship. If found, their candidature will be rejected at any stage of the scholarship process.
-
If an applicant indicates interest in exploring the possibility of a student loan with the bank during the application submission stage, it will be deemed as authorization for the bank and/or its representatives or agents to communicate with them via email, call, or SMS regarding their application or other promotional activities.
Note: The IDFC FIRST Bank MBA Scholarship application process is hosted exclusively on its official website, the only channel through which one can apply for the scholarship. We do not charge any application fees at any stage of the process. If you have been asked to pay application fees, have been contacted by anyone other than IDFC FIRST Bank’s authorized representatives, or have encountered any suspicious activity, please report it to mbascholarship@idfcfirstbank.com.
Contact Us
In case of any queries, please reach out to:
mbascholarship@idfcfirstbank.com
Disclaimer
- Source of Information: Buddy4Study app compiles details on scholarships/fellowships from government websites and private scholarship sources. Links to the official sources accompany each listing detail pages.
- Non-affiliation: The Buddy4Study app is not associated with any government entity in India or elsewhere. When featuring government scholarships, we rely on publicly accessible information from central and state government websites in India.
