Kotak Kanya Scholarship 2024-25 Benefits & Features | Kotak Kanya Scholarship Check Amount & Covered Allowances | Kotak Kanya Scholarship Check Annual Income Limit & Selection Procedure | Kotak Kanya Scholarship Check Offered Fields & Ineligible Beneficiaries | Kotak Kanya Scholarship Check Eligibility & All Details |
The Kotak Kanya Scholarship, launched by the Kotak Education Foundation, provides Rs. 1,50,000 to female students who have recently completed their class 12 exams. This generous amount aims to support these students as they pursue higher education. By offering this scholarship, the foundation hopes to empower young women to continue their academic journey and achieve their dreams without financial barriers holding them back.
Today through this article we will provide you with all types of information about the Kotak Kanya Scholarship 2024-25 like objectives, eligibility criteria, benefits, features, important documents, etc. Apart from this, we will share with you the process of applying online under this scholarship. To get complete information about this scholarship, read this article till the end.
Kotak Kanya Scholarship: About the Kotak Kanya Scholarship
The Kotak Kanya Scholarship is an initiative by Kotak Mahindra Bank for empowering young ladies with financial support for education. It has always been a game-changer for many aspiring girl students in India who have been able to pursue their dreams without financial burdens.
Updates 2024-25
With the new academic year 2024-25, there are some developments that will be significant while talking about Kotak Kanya Scholarship. The portal for the scheme shall open on March 1, 2024. The last date to apply for the scholarship is 31 May 2024. With 2024, the scholarship would encompass many more courses and disciplines and hence, reach a much more diversified section of girls.
Eligibility Criteria and Application Process:
The criteria that one needs to fulfill in order to apply for the Kotak Kanya Scholarship are as follows: The applicants must be female students carrying out the course at the undergraduate or postgraduate level within a recognized Indian institute. They need to have financial exigency and have been performing well in academics. It includes filling an online application form, providing all necessary documents, and writing a personal statement on their objectives. Such procedure makes it transparent and stiff so that suitable candidates are chosen for this life-supporting offer.
In a nutshell, the Kotak Kanya Scholarship initiative is a break-through through which numerous young women achieve much more than just financial aid. Now, with updates up to the 2024-25, it’s probably the right time for all prospective applicants to start preparing seriously to seize this opportunity on their educational journey.
Kotak Kanya Scholarship
Girls from economically disadvantaged backgrounds will receive a scholarship of Rs. 1.5 lakh through the Kotak Kanya Scholarship, enabling them to pursue higher education after receiving the funds. Women’s empowerment among the female entities will result from this. The applicants will need to apply online before the last date.
The Kotak Kanya Scholarship primarily benefits young girls in India who are facing financial challenges in pursuing their education. These girls often come from families with limited financial resources, where paying for school fees, buying books, or covering other educational expenses can be a significant burden. The scholarship aims to alleviate these financial barriers and provide these girls with the support they need to continue their studies.
Highlights Of Kotak Kanya Scholarship 2024-25
The highlights of this scholarship are as follows:-
Name Of The Scholarship | Kotak Kanya Scholarship |
Launched By | Kotak Education Foundation |
Delegated Ministry | Ministry of Electronics and Information Technology |
Allotted Portal | Kotak Education Portal |
Objective | To provide scholarships to the girl students for pursuing further studies |
Benefit | Girls will get higher studies |
Applicable to | Citizens of India |
Beneficiaries | Students |
Beneficiary Category | Girl Students |
Offered Fields | Engineering, Medicine, Architecture, Designing, Specialised Commerce, Finance, and Computer |
Selection Parameters | Merit Record & Annual Income Limit |
Mode of Transfer | DBT |
Payment Mechanism | E-Payment Mechanism |
Form of Benefit | Scholarship Amount |
Amount of Benefit | Rs. 1,50,000/- |
Covered Allowances | Tuition Fees, Accommodation, Device Learning, Stationery & Book Allowances |
Scholarship Tenure | Till the degree completion |
Transferable Type | Yearly Basis |
Host Site | NIC (National Information Centre) |
Last Date To Apply Online | Will be updated soon |
Mode of Application | Online |
Office Address | Kotak Education Foundation, Ujagar Compound, Off Sion-Trombay Road, Opposite Deonar Bus Depot, Deonar, Mumbai – 400088 |
Telephone No | 1800-121-131-141 |
Email ID | contact@kotakeducation.org |
Official Website | www.kotakeducation.org |
Objectives Of Kotak Kanya Scholarship
The major objective of launching the Kotak Kanya Scholarship is to redress the financial issues of the girl students so that they will be able to carry out further studies after getting the scholarship amounts. The students will be given or offered the scholarship amounts in the one-time payment system.
Another objective of launching the Kotak Kanya Scholarship is to provide or offer a scholarship amount of Rs. 1,50,000/- to the girl students who have passed the class 12th with 85% marks so that they will be able to get paid their course fees for pursuing in the fields of Engineering, Medicine, Architecture, Designing, Specialised Commerce, Finance, and Computer.
Delegated Funding Bodies
The following are the funding bodies of this scholarship:-
- Kotak Mahindra Asset Management Company Limited (KMAMC)
- Kotak Mahindra Capital Company Limited (KMCCL)
- Kotak Mahindra Investments Limited (KMIL)
- Kotak Mahindra Prime Limited (KMPL)
- Kotak Mahindra Trustee Company Limited (KMTCL)
- Kotak Infrastructure Debt Fund Limited (KIDFL)
- Kotak Securities Limited (KSL)
Beneficiary Category
The students or applicants will need to attain the beneficiary category for getting the scholarship amounts. This scholarship will only be provided or applicable to the girl students belonging to financially backward families. The students must be a citizen of India residing in any state and have passed class 12th.
Ineligible Beneficiaries
The following beneficiaries will be considered ineligible to apply online:-
- Children of employees of Kotak Mahindra Group
- Children of employees of Kotak Education Foundation
- Children of employees of Buddy4Study
Academic Record
The students will need to attain excellent academic records or marks in order to get or receive the scholarships. The girl students must have secured or scored 85% marks in the board examination of the class 12th. In case the marks are in the CGPA manner then the student can convert it into the percentage using the appropriate formula.
Offered Fields
The following fields will be offered to the students for applying:-
- Engineering
- Medical
- Architecture
- Design
- Integrated LLB
- Finance
Kotak Kanya Scholarship Amount
The students will be granted the scholarship amounts as per the fixed rate of scholarship that has been set up by the selection body. Each eligible beneficiary will be given or offered a scholarship amount of Rs. 1,50,000/- on an annual basis till the completion of the UG degree of the student.
Kotak Kanya Scholarship Coverage
This scholarship will cover the below-mentioned allowances:-
- Tuition Fees
- Accommodation Allowance
- Device Learning Allowance
- Stationery Allowance
- Book Allowances
Termination Of Scholarship Amount
The termination of the scholarship amount can be done due to the below-mentioned reasons:-
- Due to dropout rates
- Disciplinary issues
- Failed to pass the present exam
Parental Annual Income Limit
It is the annual income limit of the student’s parent that is taken into consideration at the time of making a selection of the student. It is mandatory for the students to possess the prescribed annual income limit for getting timely selection. The annual income limit of the student’s family must not exceed Rs. 3,20,000/-.
Selection Parameters
There are 2 selection parameters as per follows:-
- Academic Merit
- Annual Income Limit
Kotak Kanya Scholarship Last Date
The students can apply online before the last date for online form submission because it will provide them with timely registration. Students will also be able to get rid of the server-hanging issues. The last date to apply online has not been released. Whenever it will get released you may apply online.
Kotak Kanya Scholarship Selection Procedure
In the first step, the student’s academic merit and annual income limit will be taken into consideration at the time of verifying the application form and documents submitted by the students. Shortlisted students will be called for the next 2 rounds. These 2 final rounds will assure the final selection of the students.
Important Terms
There are certain important terms and conditions associated with the Kotak Kanya Scholarship. These include:-
- The scholarship amount will be disbursed directly to the educational institution.
- The scholarship is renewable for each academic year, subject to the candidate’s performance and continued eligibility.
- The scholarship cannot be transferred or exchanged for cash.
- The scholarship recipient may be required to provide periodic updates on their academic progress.
- Any false information provided in the application may result in disqualification.
- The scholarship committee reserves the right to modify or cancel the scholarship program at any time.
Supervision Body
The Kotak Kanya Scholarship is an initiative by the Kotak Mahindra Bank to empower young girls in their pursuit of education. The scholarship program is managed and supervised by a dedicated team of professionals who ensure the smooth implementation of the program.
Key Guidelines
For those interested in applying for this scholarship, it is important to be familiar with the key guidelines set forth by the program. These guidelines ensure fairness and transparency in the selection process. Here are the top 10 key guidelines:-
- Eligibility: The scholarship is open to Indian girls between the ages of 17 and 23 who have completed their class 12 exams.
- Academic Performance: Applicants must have a minimum aggregate score of 60% in their class 12 exams.
- Financial Need: The scholarship is primarily aimed at girls from economically disadvantaged backgrounds.
- Course of Study: The scholarship covers undergraduate courses in any field of study.
- Application Process: Interested candidates must submit their applications online through the official Kotak Kanya Scholarship website.
- Documentation: Along with the application form, applicants are required to submit relevant documents such as proof of age, educational certificates, and income proof.
- Selection Process: The selection of scholarship recipients is based on a thorough evaluation of the applications and supporting documents.
- Interview: Shortlisted candidates may be called for a personal interview as part of the selection process.
- Scholarship Amount: The scholarship provides financial assistance of up to INR 2 lakhs per annum to cover tuition fees, books, and other educational expenses.
- Renewal Criteria: The scholarship is renewable for the duration of the undergraduate course, subject to the recipient maintaining a minimum academic performance as specified by the program.
Kotak Kanya Scholarship: Do’s and Don’ts to Check Result
Some do’s and dont’s to check result are as follows:-
Do’s
- Keep an eye on the official website: The official website of the Kotak Kanya Scholarship is the primary source of information regarding the result announcement. Regularly visit the official website to stay updated with any notifications or updates.
- Check your registered email: The Kotak Kanya Scholarship team may also send the result notification to your registered email address. Make sure to regularly check your email inbox, including the spam or junk folders, to ensure that you do not miss any important communication.
- Follow the scholarship’s social media accounts: The Kotak Kanya Scholarship may also announce the result on their social media platforms. Follow their official accounts on platforms such as Facebook, Twitter, or Instagram to receive timely updates and notifications.
- Keep your application details handy: When the result is announced, you may be required to provide certain details, such as your application number or registration ID, to check your result. Keep these details handy to avoid any last-minute hassle.
- Double-check the result: Once the result is announced, double-check the information provided. Make sure your name, application number, and other details are correct. If you find any discrepancies, immediately contact the scholarship authorities for clarification.
Don’ts
- Do not rely on unofficial sources: Avoid relying on unofficial sources or rumors for result updates. Stick to the official website and authorized social media accounts for accurate information.
- Do not share personal information: Be cautious while checking the result online. Avoid sharing your personal information, such as your application number or registration ID, on any unsecured or unauthorized platforms.
- Do not fall for scams: Unfortunately, there may be scammers who try to take advantage of scholarship applicants. Be vigilant and avoid clicking on any suspicious links or providing personal information to unknown sources claiming to have the result.
- Do not panic: It is natural to feel anxious while waiting for the result. However, it is important to stay calm and patient. The scholarship authorities will announce the result within the specified timeline, and panicking will not change the outcome.
- Do not hesitate to seek help: If you face any difficulties or have any queries regarding the result announcement, do not hesitate to reach out to the scholarship authorities. They are there to assist you and provide the necessary guidance.
Benefits Of Kotak Kanya Scholarship
The benefits of this scholarship are as follows:-
- Girl students will be able to carry out higher studies.
- The students will not have to suffer from financial issues.
- The girls will be given the scholarship amounts till the completion of their degree.
- The scholarship amount given to the student can be used by the student for covering major expenses at the time of carrying out studies.
- This will bring women empowerment.
- The scholarship program empowers young girls by giving them the means to pursue their dreams and become independent individuals.
- Through the scholarship, girls have the opportunity to develop various skills, such as leadership, communication, and problem-solving, which are essential for their personal and professional growth.
- Recipients of the scholarship receive mentorship from experienced professionals who guide and support them throughout their educational journey.
- By providing financial support and opportunities for skill development, the scholarship enhances the career prospects of the recipients, enabling them to secure better job opportunities in the future.
- Students who have fulfilled the selection parameters will get selection on a time.
Features Of Kotak Kanya Scholarship
The features of this scholarship are as follows:-
- The Kotak Education Foundation has launched the Kotak Kanya Scholarship.
- This scholarship will be provided only to the girl students.
- The students must have secured 85% marks in class 12th.
- A scholarship amount of Rs. 1,50,000/- will be given to the students for pursuing a professional graduate degree.
- The annual income limit and academic records of the student will serve as selection criteria.
- Children of employees of Kotak Mahindra Group, Kotak Education Foundation & Buddy4Study will be considered ineligible to apply online.
- The selection process is based on academic performance, with preference given to students with exceptional achievements.
- The scholarship funds can be utilized for any educational expenses, including coaching classes, study materials, and hostel fees.
- The last date to apply online will be updated soon.
- For getting more information, one can visit the official website.
Kotak Kanya Scholarship Eligibility Criteria
The following eligibility criteria will need to be possessed by the students:-
- The student must be a citizen of India.
- The applicant must be a girl student.
- She must have passed the class 12th board exam with 85% marks.
- Her annual income limit must be Rs. 3,20,000/-.
- Now the girl student must be pursuing professional graduate courses.
Important Documents
Some of the important documents need to apply online for this scholarship are as follows:-
- Aadhar Card
- Class 12th Marksheet
- Bonafide student certificate/letter from college
- Fee Receipt
- Annual Income Certificate
- Bank passbook
- Latest passport size photograph
- Disability certificate
- Parent’s Death Certificate (In case of an orphan)
Process To Apply Online Under Kotak Kanya Scholarship 2024-25
As this scholarship has been recently launched, no such information has been received by using social networking resources. As soon as any information related to the application procedure required to apply online under the Kotak Kanya Scholarship will be launched, we will update you through this article, otherwise, the applicant can visit the Official Website.
Getting Contact Details
The applicants will need to follow the below-mentioned points for getting contact details:-
- Visit and open the official website.
- Now you will get land on the homepage.
- Scroll down the page until you will reach the bottom side of the page.
- Look under the section Quick Links.
- Click on the link to Contact Us.
- The contact details will get displayed on your screen.
Contact Information
In case you are having any doubts or queries regarding the Kotak Kanya Scholarship, then you may contact the below-mentioned office address, telephone no, and Email ID:-
- Office Address:-
- Kotak Education Foundation,
- Ujagar Compound,
- Off Sion-Trombay Road,
- Opposite Deonar Bus Depot,
- Deonar, Mumbai – 400088
- Telephone No:- 1800-121-131-141
- Email ID:- contact@kotakeducation.org