Kotak Shiksha Nidhi Scholarship 2024: Application Form & Eligibility

Kotak Shiksha Nidhi Scholarship 2024 Apply Online & Registration Form | Benefits & Features | Kotak Shiksha Nidhi Scholarship Check Scholarship Amount & Last Date | Registration & Login Portal | Kotak Shiksha Nidhi Scholarship Check Timelines & All Details |

In response to the COVID-19 pandemic, the Kotak Education Foundation introduced the Kotak Shiksha Nidhi Scholarship, offering financial support to children who lost parents or primary breadwinners. This initiative ensures continuity in their education despite the challenges posed by the pandemic. Detailed information regarding application deadlines and scholarship amounts is available on the foundation’s official platform.

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

Kotak Shiksha Nidhi Scholarship 2024

The Kotak Shiksha Nidhi Scholarship can be applied for online by students whose parents have passed away during the COVID-19 pandemic. The scholarship will cover the students’ education fees, allowing them to continue their education without having to worry about financial burdens. The expenses incurred by the students will be taken care of through this scholarship.

Students between the ages of 6 to 22 who have lost their parents or primary breadwinners due to the COVID-19 pandemic will be able to get or gain financial aid through the Kotak Shiksha Nidhi Scholarship. This support will enable them to continue their education from primary to postgraduate levels. The last date to apply online will be updated soon.

Kotak Shiksha Nidhi Scholarship: Application Form & Eligibility

Highlights of Kotak Shiksha Nidhi Scholarship Scheme 2024

The highlights of this scholarship are as follows:-

Name Of The ScholarshipKotak Shiksha Nidhi Scholarship
Launched ByKotak Education Foundation
Delegated MinistriesMinistry of Electronics & Information Technology
Allocated Portal Kotak Mahindra Bank Portal
ObjectiveTo provide scholarships to the students for the continuation of studies
BenefitStudents will be able to continue their studies
Applicable ToCitizens of India
BeneficiariesStudents
Beneficiary CategoryStudents who have lost their parents during covid-19 virus
Ineligible BoardsInternational Baccalaureate
International General Certificate of Secondary Education
Mode Of TransferDBT (Direct Benefit Transfer)
Payment Mechanisme-payment mechanism
Form of BenefitScholarship amount
Scholarship RenewalAcademic Excellence
Scholarship TransferralYearly Basis
Amount of benefitVariable Assistance
Hosting SiteNational Information Center (NIC)
Mode Of ApplicationOnline
Tenure1 Year
Last Date of Online Form SubmissionWill be updated soon
Mode of applicationOnline
YouTube ChannelKotak Mahindra Bank
Telephone Number1860 266 2666 
Official websitewww.kotak.com

Objectives of Kotak Shiksha Nidhi Scholarship 2024

The primary objective of launching the Kotak Shiksha Nidhi Scholarship is to provide scholarship amounts to students or children whose parents or a main earning member of the family has died during the COVID-19 pandemic or virus. The students will be able to pursue pre and post-matric classes till the PG or PhD level of studies.

Another objective of launching the Kotak Shiksha Nidhi Scholarship is to provide financial help and support with the power booster of encouragement and inspiration so that the children or students will get inspired to continue their studies or schooling even without the support of their parents or main earning member who have been died due to coronavirus.

Kotak Shiksha Nidhi Scholarship Timelines

The timelines of this scholarship are as follows:-

EventDate
Starting date to apply onlineWill be updated soon
Last date to apply onlineWill be updated soon

Beneficiary Category

The beneficiary or scholar must belong to that beneficiary category that has been fixed or set up by the selection body for the selection of an eligible beneficiary. The student’s main earning member/one parent or both parents must get died due to the pandemic of corona-19 virus and the student must be suffering from financial instability.

Age Limit

The beneficiary who is going to apply for this scholarship will need to make sure that the age limit possessed by them is as per the age limit or group that has been specified by the selection body which means the applicant must belong to the age group of 6 to 22 years.

Eligible Classes

The lists of eligible classes are as follows:-

Class 1st Class 2nd Class 3rd 
Class 4th Class 5th Class 6th 
Class 7th Class 8th Class 9th 
Class 10thClass 11th Class 12th 

Eligible Degrees

The lists of eligible degrees are as follows:-

  • UG Degree
  • PG Degree

Ineligible Boards

The following boards will be considered ineligible for applying:-

  • IB (International Baccalaureate)
  • IGCSE (International General Certificate of Secondary Education)

Funding Bodies

The funding bodies delegated with this scholarship are as follows:-

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 Investment Advisors Limited (KIAL)Kotak Securities Limited (KSL)

List of Covered Grants

The lists of covered grants are as follows:-

School FeesCollege Fees
Library DepositStationery
Hostel lodgingBoarding Expense

Kotak Shiksha Nidhi Scholarship Selection Procedure

The students will be selected for the disbursement of scholarship amounts based on the selection procedure specified by the Kotak Education Foundation. Kotak Education Foundation will be given the task of carrying out the selection procedure. The students will need to secure good academic records or excellence. Students whose parents have died will be given the scholarship preferences first.

Kotak Shiksha Nidhi Scholarship Last Date 

Since this scholarship is new, there’s no information yet on the deadline for application. The authorities haven’t announced the last date or enrollment details. Students applying for this scholarship need to wait for further updates. Keep an eye out for announcements from the scholarship committee.

List of Covered Allowances

This scholarship will cover the below-mentioned allowances:- 

  • College Fees
  • Library Deposit
  • Stationery Fees 
  • Hostel lodging 
  • Boarding Expenses

Key Guidelines

The key guidelines of this scholarship are as follows:-

  • Eligibility Criteria: The scholarship is open to students who have completed their 10th or 12th standard from a recognized board in India. The applicant must have secured a minimum of 60% marks in their last examination.
  • Application Process: Interested students can apply for the scholarship through the official website of the Kotak Shiksha Nidhi Scholarship. They need to fill out the online application form and provide all the necessary documents and details as mentioned in the application guidelines.
  • Selection Procedure: The selection of candidates for the scholarship will be based on their academic merit, financial need, and any other criteria specified by the scholarship committee. Shortlisted candidates may be called for an interview or further evaluation.
  • Scholarship Amount: The scholarship amount will vary depending on the course and level of education. The details of the scholarship amount will be communicated to the selected candidates.
  • Disbursement of Scholarship: The scholarship amount will be disbursed directly to the educational institution where the student is enrolled. It will be used to cover the tuition fees and other educational expenses of the student.
  • Renewal of Scholarship: The scholarship is renewable for the duration of the course, subject to the student maintaining a minimum academic performance as specified by the scholarship committee.
  • Communication: All communication regarding the scholarship will be done through the registered email address and mobile number of the applicant. It is important for the applicants to regularly check their emails and messages for any updates or notifications.
  • Documentation: The applicants must provide all the necessary documents, such as mark sheets, income certificates, and any other supporting documents as mentioned in the application guidelines. Failure to provide the required documents may lead to the rejection of the application.
  • Code of Conduct: The scholarship recipients are expected to maintain a high standard of conduct and behaviour. Any misconduct or violation of the rules may result in the cancellation of the scholarship.
  • Appeals and Grievances: In case of any grievances or appeals, the applicants can contact the Kotak Shiksha Nidhi Scholarship Supervision Body through the designated channels mentioned on the official website.

Benefits of Kotak Shiksha Nidhi Scholarship 2024

The benefits of this scholarship are as follows:-

  • Children will be able to get some social welfare provided by the government to them after getting registration offered under the Kotak Shiksha Nidhi Scholarship.
  • Students will be given scholarship amounts for getting paid out of their schooling or education fees.
  • Students whose main earning members have died due to covid-19 virus will be given financial assistance.
  • Students will be provided admission to pre-matric classes.
  • Post-matric class students will also be given financial help and support.
  • Students falling under the age group of 6 to 22 years will be given scholarships.
  • Students of international boards will be excluded from applying.
  • One can apply online under the Kotak Shiksha Nidhi Scholarship before the last date to get timely registration.
  • Scholars will become financially independent.
  • There will be an exploration of educational services or opportunities.

Features of Kotak Shiksha Nidhi Scholarship 2024

The features of this scholarship are as follows:-

  • The Kotak Education Foundation has launched the Kotak Shiksha Nidhi Scholarship.
  • This scholarship will only be provided to a child whose parents or main earning member out of the family has died due to coronavirus.
  • The student must belong to the age group of 6 to 22.
  • This scholarship will be provided to the student till the completion of the UG degree.
  • Students will be given scholarship amounts for getting paid out of their schooling or education fees.
  • Variable scholarship amounts will be provided or offered to the student based on the class which the student is undertaking or pursuing.
  • The last date to apply online will be updated soon.
  • This scholarship will cover the major allowances such as school fees, college fees, hostel fees and boarding allowance.
  • For getting more information, one can visit the official website.

Kotak Shiksha Nidhi Scholarship Eligibility Criteria 

To apply online under this scholarship, the applicant must possess the following criteria mentioned below:-

  • The applicant must be an Indian citizen.
  • Students or children’s main earning members or parent/parents must have died during the coronavirus pandemic.
  • The student must belong to the age group of 6 to 22.
  • The applicant must be a student of schooling or have a college-level degree.

Important Documents

Some of the important documents required to apply online under this scholarship as per given below:-

  • Aadhar Card
  • Driving License
  • PAN Card
  • Voter ID Card
  • Fee receipt
  • Residence Certificate
  • Institution ID Card
  • Admission Letter
  • Guardian Bank Account (beneficiary is minor)
  • Student’s Bank Account ( major)
  • Death Certificate of Family Member
  • Passport Size Photo (Guardian and applicant)
  • Death Proof (Hospital Receipt, Doctor Prescription, Covid-19 Test Report, Medical Bills or Hospital Discharge Summary

Process To Apply Online Under Kotak Shiksha Nidhi Scholarship 2024

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 Shiksha Nidhi Scholarship is launched, we will update you through this article otherwise the applicant can visit the Official Website.

Process To Apply Online Under Kotak Shiksha Nidhi Scholarship

Getting Contact Details

The applicants will need to follow the mentioned-below points to get contact details on the portal:-

  • Visit the official website first.
  • Now you will get land on the homepage.
  • On the homepage, click on the Menu Bar.
  • Now click on the link to Locate Us.
Getting Contact Details
  • A new page will appear click on any one option as per the options displayed on your screen such as:-
    • Locate Us
    • Call Us
    • Write To Us
  • The required information will be displayed on your screen.

Contact Information

In case of queries and questions that come to your mind regarding the Kotak Shiksha Nidhi Scholarship, then you may contact this mentioned telephone number: – 1860 266 2666.

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