IDFC First Bank MBA Scholarship Program 2026-28 Apply Now
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IDFC First Bank MBA Scholarship Program 2026-28 Apply Now, The IDFC FIRST Bank MBA Scholarship 2026–28 is a need-based scholarship program introduced by IDFC FIRST Bank to provide financial assistance to deserving students pursuing the first year of a full-time MBA course. The initiative aims to reduce financial constraints for talented students from economically disadvantaged backgrounds, enabling them to complete their postgraduate management education with greater confidence.
The scholarship is specifically intended for students whose annual family income is less than ₹6,00,000, ensuring that financial limitations do not become a barrier to higher education. By supporting meritorious and deserving candidates, the program seeks to promote equal access to quality management education.
Under the scholarship, selected students will receive financial assistance of ₹2,00,000, which will be disbursed in two installments of ₹1,00,000 per year over the duration of the two-year MBA program. This support helps students meet educational expenses and focus on their academic and professional development.
Please read the complete article to learn about the details like scholarshipFunding Amount, Eligibility Criteria and Selection Process and apply before deadline.
Eligibility Criteria for IDFC First Bank MBA Scholarship Program 2026-28 Apply Now
Application Deadline:08 July 2026
To be eligible for the IDFC FIRST Bank MBA Scholarship 2026–28, applicants must meet the following requirements:
Be an Indian citizen residing in India.
Be enrolled in the first year of a two-year full-time MBA or equivalent program for the academic session 2026.
Be studying at one of the eligible MBA colleges specified by the scholarship program.
Have a gross annual family income of ₹6,00,000 or less from all sources.
Possess a valid mobile number linked with their Aadhaar card.
Ensure that the family’s earning member is not an employee of IDFC FIRST Bank.
Scholarship Benefits for IDFC First Bank MBA Scholarship Program 2026-28 Apply Now
Selected students will receive:
A total scholarship of ₹2,00,000 for the two-year MBA program.
Financial assistance will be disbursed as:
₹1,00,000 during the first year, and
₹1,00,000 during the second year, subject to the scholarship terms and conditions.
Required Documents for IDFC First Bank MBA Scholarship Program 2026-28 Apply Now
Applicants should upload the following documents while submitting the application:
Admission Documents
Admission proof showing the institution name, admission year, and batch.
Copy of the fee receipt.
Residence/Age Proof
Birth Certificate, or
Class 10 Passing Certificate, or
Passport.
Income Proof (Any One)
Income Certificate of the earning member.
Income Tax Return Acknowledgement (143(1) document).
If there is no earning member, a No Income Certificate issued by the competent authority.
Other Supporting Documents (If Applicable)
Disability Certificate.
Education Loan Sanction Letter.
Death Certificate of the sole earning member (if applicable).
Documents relating to any other MBA scholarship received.
Terms and Conditions
Applicants should carefully read the following conditions before applying:
The scholarship is available only to students admitted to the first year of a two-year full-time MBA/PGDM or equivalent program at eligible institutions.
Students pursuing one-year Executive MBA programs, Integrated MBA programs, or any MBA course other than a two-year full-time program are not eligible.
Scholarship awards will be finalized only after document verification and on-ground verification of shortlisted applicants.
Applicants must provide all necessary information required for verification by authorized bank representatives.
The scholarship amount is intended to cover tuition fees and will be paid directly to the educational institution after submission of the fee receipt.
Submission of an application does not guarantee the award of a scholarship. The final decision rests solely with IDFC FIRST Bank.
Scholarship recipients are expected to participate in IDFC FIRST Bank events related to the scholarship program.
Students must successfully complete the first year and be promoted to the second year to receive the second installment of the scholarship.
Children of IDFC FIRST Bank employees are not eligible to apply.
Applicants who opt to explore an education loan during the application process authorize the bank and its representatives to contact them regarding loan-related or promotional communications.
The scholarship application is completely free of cost. Applicants should report any request for payment or suspicious activity to mbascholarship@idfcfirst.bank.in.
How to apply?
Follow the steps below to apply for the scholarship:
Step 1: Click on the “Apply Now” button.
Step 2: Log in to Buddy4Study using your registered account.
Step 3: If you are a new user, register using your email ID, mobile number, Facebook, or Gmail account.
Step 4: You will be redirected to the IDFC FIRST Bank MBA Scholarship 2026–28 application portal.
Step 5: Read the scholarship guidelines carefully and click “Apply Now.”
Step 6: Verify your eligibility and complete the Aadhaar and mobile number verification process.
Step 7: You will receive a welcome email containing the login URL, user ID, and password.
Step 8: Log in to the application portal and complete the online application form.
Step 9: Upload all the required documents.
Step 10: Review the information and submit your application.
Note:
Applicants are advised to use Google Chrome for the best application experience.
For any technical assistance, refer to the Help section available on the application portal.
Who is eligible to apply for the IDFC FIRST Bank MBA Scholarship 2026–28?
Indian students residing in India who are enrolled in the first year of a two-year full-time MBA or equivalent program at an eligible institution, have an annual family income of ₹6 lakh or less, and satisfy all other eligibility conditions can apply.
How much financial assistance is provided under the scholarship?
Selected students will receive a total scholarship of ₹2,00,000, disbursed as ₹1,00,000 per year over the two-year MBA program, subject to the scholarship terms and conditions.
What documents are required while applying?
Applicants must submit documents such as admission proof, fee receipt, age or residence proof, income proof, and other supporting documents like a disability certificate, education loan sanction letter, or death certificate (if applicable).
What is the last date to apply for the IDFC FIRST Bank MBA Scholarship 2026–28?
The last date to submit the online application is 08 July 2026. Candidates are advised to complete the application process well before the deadline.
Can students pursuing an Executive MBA or Integrated MBA apply for this scholarship?
No. The scholarship is only available to students enrolled in the first year of a two-year full-time MBA or equivalent program. Students pursuing Executive MBA, Integrated MBA, one-year MBA, or other non-eligible programs cannot apply.
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