Kotak Life Insurance Scholarship Program 2023-24

Kotak Life Insurance Scholarship Program 2023-24 is a scholarship program launched by Kotak Life Insurance Company Limited (Kotak Life) to provide financial assistance to meritorious students from economically weaker sections of society. The scholarship program is open to students pursuing undergraduate and postgraduate courses in any discipline from recognized universities and institutions in India.

Eligibility Criteria

To be eligible for the Kotak Life Insurance Scholarship Program 2023-24, students must meet the following eligibility criteria:

• Be a citizen of India
• Be a student pursuing undergraduate or postgraduate courses in any discipline from recognized universities and institutions in India
• Have a minimum of 60% aggregate marks in the previous qualifying examination
• Have an annual family income of less than ₹3.6 lakhs

Benefits

The Kotak Life Insurance Scholarship Program 2023-24 provides the following benefits to the selected students:

• Financial assistance of ₹30,000 per year for undergraduate students and ₹40,000 per year for postgraduate students
• Mentorship from Kotak Life employees
• Opportunity to participate in Kotak Life’s social initiatives

Application Process

The application process for the Kotak Life Insurance Scholarship Program 2023-24 is as follows:

1. Students must download the application form from the Kotak Life website.

2. The application form must be duly filled and signed.

3. The application form must be accompanied by the following documents:

   • Proof of identity
   • Proof of residence
   • Proof of parental income
   • Mark sheets of the previous qualifying examination
   • Statement of purpose

4. The completed application form and all the required documents must be sent to the following address:

Kotak Life Insurance Scholarship Program Kotak Life Insurance Company Limited Kotak Mahindra Bank Tower Ghatkopar (East), Mumbai – 400 077

Selection Process

The selection process for the Kotak Life Insurance Scholarship Program 2023-24 is as follows:

• The application forms will be evaluated by a panel of experts.
• The shortlisted candidates will be called for an interview.
• The final selection will be based on the performance in the interview.

Deadline

The last date for submitting the application form for the Kotak Life Insurance Scholarship Program 2023-24 is 31st December 2023.

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