Federal Bank Hormis Memorial Foundation Scholarship
Federal Bank Officers' Association Educational Society (FBOAES) · Multiple States
| Scheme Name | Federal Bank Hormis Memorial Foundation Scholarship |
| Provided By | Federal Bank Officers' Association Educational Society (FBOAES) |
| Eligibility Summary | Undergraduate · Multiple States residents · Family income up to ₹3 Lakh/year |
About the Program
The Federal Bank Hormis Memorial Foundation Scholarship offers up to ₹1,00,000 per year covering 100% college tuition fees and study gadgets for meritorious students pursuing MBBS, Engineering, Nursing, Agriculture, or MBA from economically disadvantaged backgrounds.
Benefits & Financial Support
₹1.0 Lakh+
Selected students receive 100% reimbursement of tuition fees and other educational expenses, up to a maximum of INR 1,00,000 per year. This includes a one-time reimbursement for a PC/Laptop (up to INR 40,000) or a Tablet (up to INR 30,000), which is also part of the annual INR 1,00,000 limit. The reimbursement is directly transferred to the student's Aadhaar-seeded bank account.
Full tuition reimbursement up to ₹1,00,000/year plus PC/laptop reimbursement up to ₹40,000.
Note: Must be admitted under government merit quota (management quota excluded).
Eligibility Criteria & Income Limit
| Education Level | Undergraduate |
| Course / Stream | Relevant courses |
| Minimum Marks | 70% |
| Income Limit | Up to ₹3 Lakh/year |
| Category / Caste | All |
| Domicile State | Multiple States |
Mandatory Documents Checklist
- ✓Domicile Certificate from native state
- ✓Class 10 and Class 12 Marksheets
- ✓Government / Entrance Allotment Memo showing admission in merit quota
- ✓College Fee Structure & official payment receipt
- ✓Family Income Certificate from competent revenue authority (income < ₹3,00,000)
- ✓Student Bank Account details and Aadhaar card
- ✓Armed Forces Martyr Certificate or Disability Certificate (if applicable)
Selection Process
- —
Candidates are shortlisted based on their academic merit (marks in the qualifying examination) and family income criteria
- —
Shortlisted applicants are then called for a personal interaction/interview and document verification at Federal Bank Zonal Offices or designated offices
- —
The final list of selected candidates is published on the bank's official website
- —
One seat in each eligible discipline is reserved for physically challenged students
- —
Dependent wards of martyred Armed Forces personnel also receive special consideration and are exempt from income criteria.
Renewal Policy
The scholarship is renewable annually throughout the normal course duration, provided the scholar maintains passing grades in all examinations on the first attempt.
How to Apply Online
Applications are submitted online via Online. Complete eKYC, upload scanned documents, and submit before the closing date.
- 1Eligibility Check
Ensure you meet all eligibility criteria, including being a first-year student admitted during the academic year 2025-26 in an eligible professional course (MBBS, BDS, BVSc, BE/BTech/BArch, BSc Nursing, BSc Agriculture, MBA/PGDM (Full-time)). You must have secured admission under merit in a government/aided/government-recognized self-financing/autonomous college, be a native of one of the specified states (Andhra Pradesh, Gujarat, Karnataka, Kerala, Maharashtra, Punjab, Tamil Nadu, Telangana), and have an annual family income not exceeding INR 3,00,000. This income criterion is not applicable for dependent wards of martyred Armed Forces personnel.
- 2Online Application
Visit the official Federal Bank Hormis Memorial Foundation Scholarship Portal at `https://scholarships.federalbank.co.in:6443/fedschlrshipportal/` during the application period. (For the 2025-26 academic year, the application deadline was December 31, 2025).
- 3Registration and Form Filling
Register on the portal and accurately fill out the online application form with all required personal details, academic information, domicile state, college details, and annual tuition breakdown.
- 4Document Upload
Upload scanned copies of all necessary documents. Ensure documents are in PDF format, except for a passport-sized photograph which should be in JPEG format (less than 500 KB). Required documents typically include: * Passport-sized photograph of the student. * Admission Letter/Memo. * Course Fee Structure. * Marksheets of the qualifying examination (12th standard for undergraduate courses, graduation for MBA applicants). * Family Income Certificate issued by government authorities (for income less than INR 3,00,000). * Nativity/Domicile Certificate. * ID proof and address proof of student and parent. * Medical Certificate (applicable for physically challenged/speech/vision/hearing impaired students, if any). * Proof of martyrdom (for dependent wards of martyred Armed Forces personnel, if applicable). * Instructions from the university for converting CGPA/Grade into percentage (mandatory for MBA applicants).
- 5Submission
Review your application and uploaded documents thoroughly for accuracy before final submission. Incomplete applications will not be entertained.
- 6Shortlisting & Interview
Applicants will be shortlisted based on academic merit and income criteria. Shortlisted candidates will receive an intimation via email and will be invited for a personal interaction and document verification at a designated Federal Bank Zonal Office.
- 7Status Tracking
The final list of selected candidates is published on the Federal Bank's official website. Selected students also receive individual communication via email.
Common Questions (FAQs)
What does 'other educational expenses' cover, and how is the INR 1 Lakh annual limit applied?
The scholarship reimburses 100% of tuition fees and other educational expenses as per the college's official fee structure, up to a maximum of INR 1,00,000 per year. This annual cap also includes a one-time reimbursement for a PC/Laptop (up to INR 40,000) or a Tablet (up to INR 30,000) during the course duration.
Is the scholarship renewed automatically each year, and what are the conditions for renewal?
The scholarship is renewable annually throughout the normal course period. To renew, scholars must maintain passing grades in all their examinations on the first attempt.
How will I receive the scholarship funds, and is it a direct payment?
The scholarship amount, covering tuition and other approved educational expenses, will be reimbursed directly to the student's Aadhaar-seeded bank account via Direct Benefit Transfer (DBT). Only reimbursements and allowances are offered under this scholarship.
Similar Opportunities You Can Apply For Today
Vidyadhan Scholarship Program (SDF)
Closing SoonSarojini Damodaran Foundation (SDF)
UGC Junior Research Fellowship (JRF)
University Grants Commission (UGC)
S.N. Bose Scholars Program (International Research)
IUSSTF, SERB & WINStep Forward
Khelo India Sports Scholarship Scheme
Applications OpenMinistry of Youth Affairs and Sports, Government of India
Discover More
Legal Disclaimer
IndiaScholarships.in attempts to provide accurate information manually curated from official sources. Scholarship details, timelines, and eligibility can change without notice as per the provider's discretion. Applying for a scholarship does not guarantee selection. Always verify all information on the official Federal Bank Officers' Association Educational Society (FBOAES) website before final submission.