Application Open for IDFC FIRST Bank MBA Scholarship 2025 27: Scholarship Amount, Eligibility Criteria and Selection Process Explained
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Application Open for IDFC FIRST Bank MBA Scholarship 2025 27, this 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 2025-27 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 2025-27.
Please read the complete article to learn about the details like scholarship Funding Amount, Eligibility Criteria and Selection Process and apply before deadline.
Eligibility Criteria (Application Open for IDFC FIRST Bank MBA Scholarship 2025 27)
Open to Indian nationals residing in India only.
Students must be enrolled in the first year of a 2-year full-time MBA program or its equivalent for the class of 2027.
Applicants must be enrolled in one of the MBA colleges listed in the attached document.
The gross annual family income from all sources should be less than or equal to INR 6 lakh.
Applicants must have a valid mobile number linked to their Aadhaar number.
Benefits (Application Open for IDFC FIRST Bank MBA Scholarship 2025 27)
The selected MBA students will be awarded a scholarship sum of INR 2,00,000 for two years of full-time MBA studies (INR 1 lakh per annum, subject to terms and conditions*).
Essential Documents
Below is the list of documents that need to be uploaded before the final submission of the application form:
Admission Related Documents
Admission proof (including the name of the institution, admission year, and batch)
Copy of fee receip
Income Proof (any one)
Income certificate issued by a relevant government authority (Tehsildar or Magistrate)
Intimation under section 143(1) document of earning member
