Kotak Mahindra Bank Limited’s Scholarship 2023 is a Corporate Social Responsibility (CSR) initiative focused on ‘Education and Livelihood’. Its purpose is to provide financial support to underprivileged students residing in Tamil Nadu so they can pursue higher education after completing their Class 12 or Higher Secondary Education.
This scholarship program offers a grant of up to INR 1.5 lakh per annum to students who have completed Class 12 from government schools and are presently studying engineering, medical (MBBS), or law at distinguished institutes (NIRF accredited) in Tamil Nadu. Its objective is to assist students in meeting their educational expenses.
Kotak Kanya Scholarship 2023 – Overview
Scholarship Name | Kotak Kanya Scholarship 2023 |
Scholarship Provided By | Kotak Mahindra Bank |
State | Tamil Nadu |
Academic Year | 2023-24 |
Online Application Last Date | 30 November 2023 |
Scholarship Website Link | www.kotak.com |
Homepage | Scholarship Online |
Important Dates
- Application Start Date: 12 July 2023
- Application Last Date: 30 November 2023
Eligibility Criteria
The following are the eligibility criteria for the Kotak Kanya Scholarship :
- Only students who are domiciled in Tamil Nadu can apply.
- Applicants must currently be enrolled in their first year of study in reputable institutions (NIRF accredited) in Engineering, Medical (MBBS), or integrated Law programs.
- Applicants must have completed their Class 12 education in Tamil Nadu government schools and achieved a minimum of 80% marks. However, orphan students and children with disabilities may be considered with a lower mark.
- The applicant’s annual family income must not exceed INR 5,00,000.
- Applicants who are children of employees of Kotak and Buddy4Study are not eligible for this program.
Required Documents
- Mark sheet of previous qualifying examination (Class 12)
- Fee structure (for academic year 2023-24)
- Bonafide student certificate/letter from college
- College seat allocation document
- Income proof of parents/guardians
- ITR of parents for FY 2021-22 (if available)
- Aadhaar card
- Bank passbook
- A passport size photograph
- Disability certificate (if applicable)
- Death certificate of parent (for single parent/orphan candidates)
How To Apply online for Kotak Kanya Scholarship 2023?
- Click on the ‘Apply Now’ button below.
- Login to Buddy4Study using a registered ID to land onto the ‘Online Application Form Page’
- If not registered on – Register at Buddy4Study with your Email/Mobile/Gmail account.
- You will now be redirected to the ‘Kotak Kanya Scholarship 2023’ application form page.
- Click on the ‘Start Application’ button to begin the application process.
- Fill in the required details in the online scholarship application form.
- Upload the required documents.
- Accept the ‘Terms and Conditions’ and click on ‘Preview’.
- If all the details filled in by the applicant are correctly showing on the preview screen, click on the ‘Submit’ button to complete the application process.
Important Links
About Kotak Mahindra Bank Limited
Kotak Mahindra Group, a prominent financial services conglomerate in India, was founded in 1985. In 2003, the group’s flagship company, Kotak Mahindra Finance Ltd. (KMFL), was granted a banking license by the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to transform into a bank – Kotak Mahindra Bank Ltd.
The bank offers a range of services to retail and corporate customers across both urban and rural India, through its four Strategic Business Units: Consumer Banking, Corporate Banking, Commercial Banking, and Treasury. The Kotak Mahindra Group focuses on diversified financial services in India, with a particular emphasis on inclusivity. Its products and services aim to meet the needs of underbanked and unbanked individuals. As of December 31, 2022, Kotak Mahindra Bank Ltd has 1,752 branches and 2,814 ATMs throughout India, as well as branches in GIFT City and DIFC (Dubai).
Scholarship Amount & Benefits
Each chosen scholar will receive a scholarship of up to INR 2 lakh per annum or reimbursement for actual expenses related to college tuition, college hostel fees, study materials, and laptops (with valid receipts) until they complete their graduation course. *Certain conditions may apply.
Contact Details :
- Email: kotakscholarship@buddy4study.com
- Phone: +91-11-430-92248 (Ext: 262)
FAQs :
Q.1. What is the selection process for this scholarship program?
Ans:- Kotak Mahindra Bank’s ‘Scholarship 2023’ program will choose candidates based on their academic achievements and financial situation. The selection process is a multi-step procedure, which includes the following:
1. Initially, applications will be shortlisted based on their academic and financial qualifications.
2. Shortlisted candidates will undergo a phone interview and document verification.
3. The final selection and scholarship awarding will be determined by Kotak Mahindra Bank.
Q.2. Will I get this scholarship for subsequent years of studies?
Ans:- To maintain the scholarship in the following years, the student must pass the academic exam of the previous year.
Disclaimer : The information presented here is intended solely for reference purposes. However, the accuracy of the published data cannot be guaranteed. For official details, kindly refer to the respective website.