IDFC FIRST Bank Scholarship 2023 Apply Now

IDFC FIRST Bank MBA Scholarship is a need-based scholarship program run by IDFC FIRST Bank to financially support students with family income of less than INR 6 lakh 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.

Under this scholarship, students enrolled into the first year of a two-year full-time MBA course in the academic session 2023-25 will be provided with INR 2 lakh for two years of their MBA program (INR 1 lakh/year).


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  • Open for Indian Nationals, residing in India only.
  • Students enrolled in first year of a 2-year full-time MBA program or its equivalent for the class of 2023 are eligible.
  • Applicants should be enrolled in any of the MBA colleges mentioned in the attached list.
  • The gross annual family income of the applicants from all sources should be less than or equal to INR 6 lakh.
  • Candidates should be no more than 35 years of age on the date of application.
  • The applicant must have a valid mobile number linked to Aadhaar card.

Below is the list of documents that need to be uploaded before the final submission of the application form:

  • Admission related documents
    • Admission Proof (With name of institution, admission year and batch)
    • Copy of Fee Receipt
  • Academic record documents
    • Copy of Graduation marksheet/passing certificate
  • Income Proof (any one)
    • Income Certificate issued by relevant government authority (Tehsildar or Magistrate)
    • Copy of Income Tax Returns (Form 16A)
    • Copy of Salary Slip
  • Other Documents (If applicable)
    • Disability certificate
    • Sanctioned loan letter
    • Death certificate, if there is a death of the sole earning member of the immediate family
    • Document of any other scholarships received for pursuing MBA
How can you apply?

  • 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 Buddy4Study – Register at Buddy4Study with your Email/Mobile/Gmail account.
  • You will now be redirected to the ‘IDFC FIRST Bank MBA Scholarship’ official website.
  • Read all the details carefully and click on the ‘Apply Now’ button.
  • Check your eligibility and get your Aadhaar card and mobile number verified.
  • A welcome communication will be sent to the applicants containing login URL, user ID and password.
  • Login to the application portal and fill in all the required details in the online scholarship application form.
  • Upload the required documents.
  • Finally, submit the application form.

Apply  Here

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