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IDFC FIRST BANK ENGINEERING SCHOLARSHIP PROGRAM

IDFC FIRST Bank Engineering 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 engineering studies accessible to meritorious students who are unable to pursue higher studies due to financial constraints.

Award  

  • INR 4,00,000 for four years of full-time Engineering studies ( 1 Lakh p.a. subject to T&C)
  • Scholarship Amount: Fee of one year or 1 lakh p.a. (whichever is lower)


Number of Scholarships Available  

  • 50 scholarships
     

CSR Engineering Scholarship for 2024-28 batch announced.
Click here for details

About the Scholarship

The IDFC FIRST Impact Engineering Scholarship Program is a need-based financial assistance program designed for engineering students who have secured admission in select B-Tech/BE colleges in India. The program covers a part of eligible students’ fees for four-year* full-time engineering degrees.

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Eligible for students who are currently in the first year of their B-Tech/BE course from select colleges in India.

Family income up to ₹6 Lakhs p.a.*

Students who have not receivedany other scholarship or tuition fee waiver for their engineering course

Students should have secured admission into an eligible college. Click here to view the list of eligible colleges

Children of IDFC FIRST Bank employees cannot participate

View all colleges

Indranil shares his journey of being an IDFC FIRST Bank MBA Scholar.

Watch Riya share her story of being an IDFC FIRST Bank MBA Scholar.

Rushikesh talk’s about how the IDFC FIRST Bank MBA scholarship has been a contributor in his dream.

 

  • Candidate should be enrolled in the first year of their full time engineering degree course (B.E./ B. Tech Degree) 
  • Courses such as Diploma in Engineering are not eligible
  • Candidates opting for dual-degree / part time / distance learning / diploma/ exchange programs in engineering are not eligible for the scholarship
  • Available only to Indian nationals 
  • Scholarship will be awarded for 4 years only (subject to the scholar passing all exams) and not beyond this tenure
  • Once selected, the scholar needs to submit marksheets of each passing year to be eligible for the next year’s scholarship. Only students who pass their exams will be awarded scholarships for subsequent years
  • Home-visit verification is a mandatory step for the selection of scholars. If the applicant fails to facilitate /ensure the needful or is unable to comply with the process within the stipulated timeframe, his/her candidature shall be rejected 
  • The scholarship fund can be utilized only for academic expenses purposes and will only be transferred to a student’s college bank account. The same shall be adjusted by the college against the tuition fee to be paid by the student
  • IDFC FIRST Bank does not transfer any scholarship amount to students’ bank accounts. It is the sole responsibility of the scholar to ensure that the college submits all its KYC documents for vendor empanelment for scholarship disbursal within the stipulated timeframe. Failure to do so may lead to revocation of scholarship
  • Scholarship recipients must submit their testimonials and acknowledgement receipts after the scholarship award has been disbursed to their college accounts  
  • The final awardees will be selected solely at the discretion of IDFC FIRST Bank
  • If an applicant /scholarship recipient agrees to explore the possibility of availing a student loan from the bank, as indicated during his/her application submission stage, it will be deemed as an act of authorization by him/her to the bank and/or its representatives or its agents to communicate with him/her in the future via email, phone or SMS pertaining to his/her application or to other promotional activities.

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    Frequently Asked Questions

    I am not in the first year of my engineering degree, can I apply for the scholarship?

    No, only students in first year of their full-time engineering degree course are eligible for the scholarship 

    I cannot find my college name in the list of eligible colleges, how do I apply?

    Applicants who cannot find their college on the list of eligible colleges are ineligible to apply for the IDFC FIRST Bank Engineering Scholarship.

    Will I receive this scholarship for subsequent years of my engineering studies?

    Yes, eligible students will receive the scholarship amount for subsequent years of their course duration, provided that they clear their exams successfully. Kindly refer to the T&Cs for more information. 

    Our CSR Programmes

    At IDFC FIRST Bank, we aim to empower our customers to make a difference in the world. With this in mind, we bring you various initiatives in partnership with our partners that give you the opportunity to shoulder a cause of your choice. Till date, we have 24+ programs that have impacted more than 50574 lives. Come, let’s together, put others FIRST.

    Other Initiatives

    Karma FIRST Programme
    Karma FIRST Programme
    Covid 19 Programme
    Covid 19 Programme
    Lend-A-Shoulder Program
    Lend-A-Shoulder Program