IDFC FIRST BANK MBA Scholarship Program

IDFC FIRST Bank MBA scholarship program is a need-based scholarship where ₹2,00,000 is granted for two years of a full-time MBA education to students who have secured admissions in B-schools on their own merit and have a family income of less than 6 lakhs per annum. This MBA scholarship program aims to make post-graduate education in business studies accessible to those who are meritorious but are unable to afford it due to financial constraints.

About - The MBA scholarship program provides access to post-secondary education (MBA degree, or its equivalent) to eligible applicants, who otherwise would not have the financial means to fulfil their educational goals. It also allows students to extend their reach to some of the best colleges/universities in India regardless of their financial situations. 

• Open for Indian Nationals residing in India only
• Gross annual family income from all sources should be less than or equal to ₹6 lakhs p.a. *
• Applicable for students enrolled in the first year of a two-year MBA program of the starting batch of the current financial year
• Enrolled in any of the MBA colleges mentioned in the list attached in the documents section

Step:01---Create an Account

If you meet the eligibility criteria you can create an account by providing your username and email address on our portal and complete the formalities required for the application Online.

Step:02---Add Details

Post the registration process, you are required to provide your personal details, academic records and upload necessary documents.

Step:04---Final Intimation

Once the application is submitted, an applicant number will be generated through which you can track your application status. Applications will be reviewed by IDFC FIRST Bank and the final intimation will be sent through mail to your registered email address and can be viewed on the portal as well.

Note - IDFC FIRST Bank MBA Scholarship application process is hosted only on the above mentioned link and is the only channel by which one can apply for the scholarship. We DO NOT charge application fees at any stage of the scholarship process. If you have been asked to pay application fees OR you have been contacted by anybody apart from IDFC FIRST Bank / Buddy4Study seeking personal details / you come across any suspicious activity please report to This year we are inviting applications on a first come , first serve basis. Rights to admission reserved.

For any difficulty in the application process, candidates can write to

Our Impact

  • 680

    MBA Students Awarded Scholarship

  • 150

    Colleges Across India

The MBA scholarship program was started in 2016 and has supported 680 students across 22 states of India till date. Our students hail from families with diverse occupational backgrounds such as those of retired government employees, auto-rickshaw drivers, teachers, and children of single parents.

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.