Kotak Mahindra Bank Scholarship 2024: Apply Online & Last Date

Kotak Mahindra Bank Scholarship 2024 Apply Online & Registration Form | Benefits & Features | Kotak Mahindra Bank Scholarship Check Amount & Last Date | Kotak Mahindra Bank Scholarship Check Annual Income & Selection Procedure | Check Eligibility & All Details |

Under the Kotak Mahindra Bank Scholarship, students living in the state of Tamilnadu will receive a scholarship priced At rs. 2,00,000, which will enable them to be admitted to undergraduate or graduate programs in engineering, medicine (MBBS), and integrated law. The students have to come from underprivileged backgrounds.

Through this article you will get all the information regarding the Kotak Mahindra Bank Scholarship 2024 such as objectives, eligibility criteria, benefits, features, and important documents, etc. Besides that, we will bring up-to-date step-by-step application procedures for applying online under this scholarship.

Kotak Mahindra Bank Scholarship  

The Kotak Mahindra Bank Bank has established the Kotak Mahindra Bank Scholarship, which will enable students from underprivileged backgrounds in the Indian state of Tamil Nadu of to pursue a higher after receiving 80% of the possible points in the class 12 exam. The upper limit on annual income is set at Rs. 5 lakhs.

Students who have achieved an 80% mark in their class 12th exam from the Tamilnadu board are eligible to receive a scholarship of Rs. 2 Lakhs from the Kotak Mahindra Bank Scholarship. This scholarship will aid in funding their education in accredited colleges offering programs such as B.Tech, MBBS, BA LLB, among others listed under the NIRF. Therefore, orphaned and disabled students will also be considered for scholarship opportunities.

Kotak Mahindra Bank Scholarship: Apply Online & Last Date

Higlights Of Kotak Mahindra Bank Scholarship 2024

The highlights of this scholarship are as follows:-

Name Of The ScholarshipKotak Mahindra Bank Scholarship
Launched ByKotak Mahindra Bank
Delegated MinistryMinistry of Electronics and Information Technology
ObjectiveTo provide scholarships to the students of underprivileged communities
BenefitStudents will get educational opportunities
Applicable toCitizens of Tamilnadu
BeneficiariesStudents
Beneficiary CategoryStudents belonging to underprivileged communities
Passed ClassClass 12th 
Required Marks80% Marks
Offered DegreeUG or BA
Offered FieldsEngineering, Law, and Medical
Ineligible BeneficiariesChildren of Kotak Mahindra Bank and Buddy4Study Portal
Annual Income LimitRs. 5 Lakhs
Mode of TransferDBT
Payment MechanismE-Payment Mechanism
Form of BenefitScholarship Amount
Amount of BenefitRs. 2,00,000/-
Covered AllowancesCollege, Accommodation, Study Material & Learning Device Allowance
Scholarship TenureVariable
Selection ParametersMerit and Need Basis
Transferable TypeYearly/Monthly Basis
Host SiteNIC (National Information Centre)
Last Date To Apply OnlineWill be updated soon
Mode of ApplicationOnline
Office AddressBuddy4Study (Workly),
A – 14/15,
3rd Floor,
Sector 59
Noida – 201309
Uttar Pradesh, India
Email IDinfo@buddy4study.com
Official Websitewww.buddy4study.com  

Objectives Of Kotak Mahindra Bank Scholarship

The primary objective of launching the Kotak Mahindra Bank Scholarship is to provide financial stability to the students belonging to the underprivileged communities living or residing in the Tamilnadu state so that they will be able to continue further studies after getting paid their course fees. The students must have secured 80% marks in class 12th.

Another objective of launching the Kotak Mahindra Bank Scholarship is to grant a scholarship amount of Rs. 2,00,000/- to Tamilnadu students so that they will be able to get admission to the NIRF accredited college for pursuing bachelor’s degrees in the fields of medical, engineering and law. The scholarship amount will cover the major allowances.

Beneficiary Category

It is only after the fulfillment of the beneficiary category, the students are given the scholarship amounts. The student will need to know that this scholarship will be applicable to the students belonging to the underprivileged communities who have residence or domicile in the Tamilnadu State. Orphan and Disabled students will also be considered eligible.

Ineligible Beneficiaries

The following beneficiaries will be considered ineligible to apply online:-

  • Children of Kotak Mahindra Bank
  • Children of Buddy4Study Portal

Academic Excellence

The students will need to satisfy the academic excellence or academic records by securing the marks that are required in the class 12th exam so it is mandatory for all the students before applying that they will need to secure 80% marks in the class 12th exam for getting the scholarship amounts.

Offered Fields

There are 3 fields that will be offered to the students as per follows:-

  • Medical
  • Engineering
  • Law

Eligible Degree

It is obvious that the students will need to secure the required marks in the class 12th exam then the students will be granted the scholarship amounts for getting admission to the UG degree. The degree to which the student can get admission will be a bachelor’s degree in the mentioned or offered fields of Medical, Engineering, and Law.

Kotak Mahindra Bank Scholarship Amount

The rate of scholarship that will be provided to the students has already been fixed by the bank authorities which will be payable to the student. An amount of Rs. 2,00,000/- will be provided to the students for getting admission to the further degree from the colleges approved by the NIRF.

Kotak Mahindra Bank Scholarship Coverage

This scholarship will cover the mentioned below allowances:-

  • College Fees
  • Accommodation Fees
  • Study Material Fees
  • Learning Device Allowance

Selection Parameters

There are 2 selection parameters as per follows:-

  • Academic Record
  • Financial Background

Kotak Mahindra Bank Scholarship Selection Procedure

The students will be selected by a selection body that will be Kotak Mahindra Bank which will select the students on the basis of their academic records and financial background. Then, the student’s application form will be scrutinized for carrying out the telephonic interview stage. Shortlisted students will be finally selected on the basis of the performance of the telephonic interview stage.

Annual Income Limit

The annual income limit of the student’s family will always be taken into consideration in the form of selection parameters that will define or determine the financial background of the student. The annual income of the student’s family must be Rs. 5,00,000/-. If it exceeds, the students will not be given scholarships.

Kotak Mahindra Bank 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.

Implementation Procedure

The implementation procedure of this scholarship are as follows:-

  • The Kotak Mahindra Bank Scholarship is a prestigious program designed to support and encourage talented students in their pursuit of higher education. This scholarship is offered to deserving students across various disciplines and is aimed at providing financial assistance to those who may face economic constraints in pursuing their educational goals.
  • The implementation procedure of the Kotak Mahindra Bank Scholarship is well-structured and transparent, ensuring a fair selection process. The supervision body responsible for overseeing the scholarship program ensures that the guidelines are followed diligently, and the selection process is carried out smoothly.

Supervision Body

The supervision body for this scholarship are as follows:-

  • This scholarship is overseen by a dedicated team of professionals who ensure the smooth functioning of the entire process. This team comprises experts from various fields who possess the necessary knowledge and experience to evaluate scholarship applications. They are responsible for reviewing applications, conducting interviews, and selecting deserving candidates based on the eligibility criteria and guidelines set by the bank.
  • The supervision body ensures that the selection process is fair and unbiased. They evaluate each application thoroughly, taking into consideration the academic performance, financial need, extracurricular activities, and other relevant factors. The team members work diligently to ensure that deserving students are identified and provided with the necessary financial support to pursue their educational aspirations.

Key Guidelines

This scholarship follows a set of guidelines to ensure a systematic and fair selection process. These guidelines are designed to identify and support deserving students who may face financial constraints. Here are ten key guidelines that applicants should be aware of:-

  • Eligibility Criteria: Applicants must meet the specified eligibility criteria, which may include academic performance, family income, and other relevant factors.
  • Application Process: Candidates need to submit their scholarship applications online within the specified deadline. Incomplete or late applications will not be considered.
  • Document Verification: Shortlisted candidates will be required to provide necessary documents to verify their eligibility and financial need.
  • Selection Process: The selection process may include written tests, interviews, or a combination of both, depending on the scholarship category.
  • Merit-Based Selection: The scholarship is awarded based on the candidate’s overall merit, including academic achievements, extracurricular activities, and personal achievements.
  • Financial Need: The scholarship is primarily aimed at supporting students who face financial constraints in pursuing higher education.
  • Scholarship Amount: The scholarship amount may vary depending on the category and level of study. It covers tuition fees, books, and other educational expenses.
  • Renewal Process: Scholarships may be renewed annually based on the student’s academic performance and adherence to the scholarship guidelines.
  • Communication: All communication regarding the scholarship, including selection results and renewal processes, will be done through the official channels of Kotak Mahindra Bank.
  • Confidentiality: The bank ensures the confidentiality of all applicant information and uses it solely for the purpose of the scholarship program.

Benefits Of Kotak Mahindra Bank Scholarship 2024

The benefits of this scholarship are as follows:-

  • The students belonging to underprivileged communities will be able to continue their studies.
  • Students will be able to get financial assistance of Rs. 2 lakhs.
  • The scholarship amount provided to the students will cover the major allowances.
  • The students can get admission to the colleges approved by the NIRF body.
  • Students who have secured good performance in the telephonic interview stage will get the final selection.
  • The scholarship is awarded based on merit, recognizing and rewarding students who have demonstrated exceptional academic achievements and potential. This encourages students to strive for excellence in their studies.
  • Being a recipient of the scholarship brings recognition and prestige to the student. It showcases their dedication and commitment to their education, making them stand out among their peers.
  • Through the scholarship program, students can develop essential skills such as leadership, time management, and problem-solving. These skills contribute to their personal growth and prepare them for future challenges.
  • The scholarship serves as a source of motivation and encouragement for students to continue their academic pursuits. It validates their hard work and dedication, inspiring them to achieve even greater heights.
  • Orphans and disabled students will also be given the scholarships

Features Of Kotak Mahindra Bank Scholarship 2024

The features of this scholarship are as follows:-

  • The Kotak Mahindra Bank has launched the Kotak Mahindra Bank Scholarship.
  • This scholarship will be applicable to the students belonging to the underprivileged communities residing in the Tamilnadu state.
  • The scholarship amount of Rs. 2 lakhs will be provided to the students.
  • The scholarship will cover the allowances such as College, Accommodation, Study Material & Learning Device Allowances.
  • Selected scholars receive financial assistance to cover their tuition fees, books, and living expenses. This support helps ease the financial burden on students and allows them to focus on their studies.
  • The scholarship program is available to students across India, ensuring that talented individuals from different states and regions can apply and benefit from this opportunity.
  • Selected scholars receive mentoring and guidance from industry experts and professionals. This support helps them navigate their academic journey and make informed career choices.
  • The scholarship program provides networking opportunities with industry leaders and professionals. Scholars can build valuable connections and gain insights into their chosen field.
  • Students who have secured 80% marks in the class 12th exam will be granted scholarships.
  • The merit performance and financial background of the student will serve as a selection parameter.

Kotak Mahindra Bank Scholarship Eligibility Criteria

The students will need to possess the below-mentioned eligibility criteria for getting scholarship amounts:-

  • The student must be a native or resident of Tamilnadu state.
  • He or she must belong to the EWS or an underprivileged community.
  • This scholarship will also be provided to the students of orphanages and disabled students.
  • The students must have secured 80% marks in the class 12th exam.
  • The annual income limit must not exceed Rs. 5,00,000/-.

Important Documents

Some of the important documents need to apply online for this scholarship are as follows:-

  • Aadhar Card/Voter ID Card /PAN Card
  • Class 12th Marksheet
  • Admission Fee Receipt of Current Degree
  • Annual Income Certificate
  • Bank Account Passbook
  • Latest Passport Size Photograph

Process To Apply Online Under Kotak Mahindra Bank Scholarship 2024

The following steps will need to be followed by the students for getting online registration under this scholarship:-

  • Visit and open the Official Website of Buddy4Study.
Process To Apply Online Under Kotak Mahindra Bank Scholarship
  • The information regarding the scholarship will get displayed on your screen.
  • Go through the guidelines or information displayed on your screen.
  • Then, scroll down the page.
  • Now click on the Apply Now button.
Process To Apply Online Under Kotak Mahindra Bank Scholarship
  • A pop-up menu will get displayed on your screen.
  • Click on the link to Register.
Process To Apply Online Under Kotak Mahindra Bank Scholarship
  • The Registration Form will get displayed on your screen.
  • Fill out each detail carefully:-
    • First Name
    • Last Name
    • Mobile Number
    • Email ID
    • Password
    • Confirm Password
  • Click on the Register button.

To Do Login

The applicants will need to follow the mentioned below points to do login:-

  • Visit the official website first.
  • Now you will get land on the homepage.
  • Look at the right-hand side of your screen.
  • Click on the Login button.
To Do Login
  • A pop-up menu will get displayed on your screen.
  • Select the login option.
    • Mobile Number
    • Email ID
  • After that enter the asked details in the required columns.
  • Now click on the Log In button.
  • You will get a login to the portal.

Submitting Query

The applicants will need to follow the mentioned below points for submitting queries:-

  • First of all, you will need to visit the official website.
  • On the homepage, scroll down the page until you will reach the bottom side of your screen.
  • Click on the link to Contact Us displayed at the bottom side of your screen on the right-hand side.
Submitting Query
  • Submit Your Query Form will get displayed on your screen.
  • Fill in the details carefully:-
    • Name
    • Email
    • Mobile Number
    • Subject
    • Comment
  • Now click on the Submit button.

Getting Contact Details

The applicants will need to follow the mentioned below points for getting contact details:-

  • First of all, the applicant will need to visit the official website.
  • Now you will be able to see the homepage.
  • On the homepage, scroll down the page until you will reach the bottom side of your screen.
  • Click on the link to Contact Us displayed at the bottom side of your screen on the right-hand side.
Getting Contact Details
  • The contact details will get displayed on your screen.
  • Now you can go through the contact details.
  • You can see the contact details as per your choice of requirement.

Contact Information

In case of queries and questions come to your mind regarding the Kotak Mahindra Bank Scholarship, then you may contact this mentioned below office address and email ID:-

  • Office Address:-
    • Buddy4Study (Workly),
    • A – 14/15,
    • 3rd Floor,
    • Sector 59
    • Noida – 201309
    • Uttar Pradesh, India
  • Email ID:- info@buddy4study.com
  • Kotak Mahindra Bank Ltd Portal

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