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IDFC First Bank Scholarship for MBA Students 2022 :

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Organisation : IDFC BANK
Scholarship Name : IDFC First Bank Scholarship
Applicable For : MBA Students
Last Date : Open from 15th June to 30th June, 2022.
Website :

What is IDFC First Bank Scholarship?

IDFC First Bank MBA Scholarship is a need-based scholarship of INR 2,00,000 for two years of full-time MBA studies. It is awarded to students who have a family income of less than 6 lakhs per annum. The purpose of this scholarship is to make Post Graduate Studies in Business accessible to the meritorious students who are unable to pursue it due to their financial constraints.The registrations open from 15th June to 30th June, 2022.

Related / Similar Scholarship : Unnati -Towards A Better Future Scholarship For School Students 2022

Eligibility Criteria For IDFC First Bank Scholarship

IDFC First Bank Scholarship applicants must fulfil the following eligibility criteria:

** The applicants must be Indian Nationals residing in India only.
** Applicable for students enrolled in the first year of the 2-year MBA program of starting batch of current financial year.
** Applicants should be enrolled in any of the MBA colleges mentioned in the list attached in the ‘Frequently Asked Questions’ section below.
** The gross annual family income of the applicants from all sources should be less than or equal to INR 6 lakhs per annum.
** Candidates should be 35 years of age or younger at the date of application.

How To Apply For IDFC First Bank Scholarship?

To Apply For IDFC First Bank Scholarship, Follow the below step
Step 1: Go to the link –

Step 2: Click on the ‘Apply Now’ button.
Step 3: Login to Buddy4Study using a registered ID to land onto the ‘Online Application Form Page’.
Step 4: If not registered on Buddy4Study – Register at Buddy4Study with your Email/Mobile/Facebook/Gmail account.
Step 5: You will now be redirected to the IDFC FIRST Bank MBA Scholarship application form page.
Step 6: Click on the ‘Start Application’ button to begin the application process.
Step 7: Fill in the required details in the online scholarship application form.
Step 8: Upload the required documents.
Step 9: If all the details filled in by the applicant are correctly showing on the preview screen, click on the ‘Submit’ button to complete the application process.

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IDFC First Bank Scholarship Amount

The IDFC First Bank Scholarship selected MBA students will be awarded a scholarship sum of INR 2,00,000 (INR 1 lakh/year) over the duration of their 2 years MBA program.

Document Required For IDFC First Bank Scholarship

IDFC First Bank Scholarship required documents that need to be uploaded before the final submission of the application form:
1. Personal Information documents
** Applicant’s photograph
** Identity Proof (Aadhar Card, Voter ID Card, Driving License)
2. Admission related documents
** Admission Proof (With name of institution, admission year and batch)
** Copy of Fee Receipt
3. Academic record documents
** Copy of Graduation marksheet/passing certificate
4. Income Proof (any one)
** Copy of Salary Slip (Parents)
** Copy of Income Tax Returns (Form 16A)
** Income Certificate issued by relevant government authority (Tehsildar or Magistrate)
5. Other Documents (If applicable)
** Disability certificate
** Loan sanction letter
** Death certificate, if there is a death of the sole earning member of the immediate family
** Document of any other scholarships received for pursu.

Terms and Conditions Of IDFC First Bank Scholarship :
** Students admitted in the 1st year of 2-year full-time MBA or its equivalent programs at selected institutions/colleges are eligible for this scholarship
** Students pursuing 1-year executive program, integrated MBA program or any MBA program other than 2-year full-time MBA/PGDM program are not eligible for this scholarship
** Final grant of Scholarships will take place only after due verification of their documents & on-ground screening of the shortlisted applicants. In case the applicant fails to do the needful in any of these stages or is unable to comply with the process within the stipulated timeframe, his/her candidature shall be rejected
** The applicant needs to provide the details for on-ground verification as mentioned in the form to the bank representatives.
** The amount of the scholarship is meant for covering the tuition fees and shall be disbursed in the account of the said institution/college of admission only
** The final disbursement of the scholarship will take place after submission of the fees receipt by the student-applicant.

** The final selection of awardees will be solely at the discretion of IDFC FIRST Bank
** It is mandatory for the awardees to attend all IDFC FIRST Bank events pertaining to the IDFC FIRST Bank MBA Scholarship
** If an applicant agrees to explore the possibility of a student loan with the bank, indicated during his/her application submission stage , it will be deemed as an act of authorisation by him/her given to the bank and/or its representatives or its agents to communicate with him/her in future via email, call or SMS pertaining to his/her application or to other promotional activities.

What is the Last Date of IDFC First Bank Scholarship?

The Last Date of IDFC First Bank Scholarship is 30th June, 2022.

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