IDFC FIRST Bank MBA Scholarship

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About :

IDFC FIRST Bank MBA Scholarship is a need-based scholarship for students with family income of less than INR 6 lakhs per annum. The purpose of this scholarship is to make post graduate studies in business management accessible to meritorious students who are unable to pursue higher studies due to financial constraints. 

Last Date: 20 July 2025

Benefits:

  1. Tuition support up to ₹1 L per year (total ₹2 L)
  2. Covers full‑time on‑campus MBA fees
  3. Tuition paid directly to the institution
  4. Access to IDFC FIRST Bank events & alumni network

Eligibility Criteria :

  1. Indian national, resident in India
  2. Family income ≤ ₹6 LPA
  3. Enrolled in Year 1 of a 2‑year full‑time MBA/PGDM (2025–27 batch) at selected colleges
    4.Age ≤ 35 years at application time
  4. Aadhaar-linked mobile number required
  5. Not applicable for distance/part‑time/executive/second‑year MBA students 

Documents Required :

  1. Admission letter & fee receipt
  2. Income certificate or Form 143(1)
  3. Birth certificate
  4. Aadhaar-linked mobile number proof
  5. Address proof (if different from Aadhaar)
  6. All uploads in PDF/JPEG/PNG/DOC, ≤ 2 MB 

Selection Process :

  1. Online application submission by 20 July 2025
  2. Document verification & on‑ground screening
  3. Final selection at bank’s discretion
  4. Scholarship disbursed post fee verification and Year 1 pass
  5. Scholarship continuity contingent on 1st‑year promotion
  6. Mandatory participation in bank events; misuse may lead to recall 

Official Website :

https://www.idfcfirstbank.com/csr-activities/educational-initiatives/mba-scholarship

Application Link :

https://firstimpactscholarships.idfcfirstbank.com/

Contact Details :

Address :Corporate Office Address: IDFC FIRST Bank Limited, The Square,C-61, G Block, Ground Floor To 8th Floor Bandra Kurla Complex, Bandra East, Mumbai – 400051.