Corporate SchemeVerified for 2026

IDFC FIRST Bank MBA Scholarship Selection Process 2026

How Candidates are Selected

Based on merit (graduation marks) and economic need (family income <= 6L).

Verification Flow

1
Institute Nodal Officer Verification

Your college/school checks your bonafide status, fees paid, and marks cards against the database.

2
District Welfare Officer / State Board Sanction

The state/central department approves the budget release for verified records based on category quotas.

3
Fund Disbursement via DBT

The bank issues direct fund credits to Aadhaar-seeded accounts using treasury payment systems.

FAQs for IDFC FIRST Bank MBA Scholarship

Q.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.

Q.What is the age limit for this scholarship?

The applicant must be 35 years of age or younger at the time of application.

Q.Is there a family income limit?

Yes, gross annual family income from all sources must not exceed ₹6,000,000.