IDFC FIRST Bank MBA Scholarship
IDFC FIRST Bank · All India
| Scheme Name | IDFC FIRST Bank MBA Scholarship |
| Provided By | IDFC FIRST Bank |
| Eligibility Summary | Class 11-12, Graduation, Engineering (< ₹8L Income) |
About the Program
A flagship MBA support program by IDFC FIRST Bank offering ₹2 Lakh financial aid for first-year MBA students with family income <= ₹6L.
Benefits & Financial Support
₹2.0 Lakh+
₹1,00,000 per year (total ₹2,00,000 for 2 years) based on academic performance and compliance.
₹1 Lakh per year for two years (total ₹2 Lakhs) paid directly to the scholar.
Note: Must be in the first year of a full-time MBA program at an eligible institution.
Eligibility Criteria & Income Limit
| Education Level | PG (MBA) |
| Course / Stream | Relevant courses |
| Minimum Marks | 50% |
| Income Limit | Up to ₹6.0 Lakh/year |
| Category / Caste | General, OBC, SC, ST, EWS |
| Domicile State | All India |
Mandatory Documents Checklist
- ✓MBA Admission Letter
- ✓Graduation Marksheet
- ✓Income Certificate (less than 6 Lakhs)
- ✓Aadhaar Card
- ✓College Fee Receipt
- ✓Bank Passbook copy
Selection Process
Based on merit (graduation marks) and economic need (family income <= 6L).
Renewal Policy
Requires passing the first year of MBA with clean record for second-year disbursal.
How to Apply Online
Applications are submitted online via Online. Complete eKYC, upload scanned documents, and submit before the closing date.
- 1
Visit the IDFC FIRST Bank CSR section online.
- 2
Register for the MBA Scholarship.
- 3
Enter academic and family income details.
- 4
Upload MBA admission proof.
- 5
Submit.
Common Questions (FAQs)
What is the scholarship amount for IDFC FIRST MBA?
It provides a total of ₹2,00,000 distributed as ₹1,00,000 per year for the 2-year MBA program.
What is the age limit for this scholarship?
The applicant must be 35 years of age or younger at the time of application.
Is there a family income limit?
Yes, gross annual family income from all sources must not exceed ₹6,000,000.
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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 IDFC FIRST Bank website before final submission.