Fuel your MBA dreams with the IDFC FIRST Bank MBA Scholarship

• Mobile Number linked to Aadhaar card of the applicant.

• Email Address of the applicant.

•  Income Certificate or intimation u/s 143(1) document of earning members.

• Birth Certificate.

• Admission letter of enrolment into first year of two-year full-time MBA program 2025-27 batch from the list of eligible colleges and campuses.

• Confirmation letter of Fees paid to the college/ Fee Payment receipt.

• Address proof if the Current address is different from the address mentioned in the Aadhar Card.

• Address must have proper PIN CODE 

No, if you do not have an Aadhar card, you are not eligible to apply for this scholarship. 

Yes, it is mandatory to have the applicant's mobile number linked to their Aadhar Card in order to apply for the scholarship. 

Yes, this scholarship is only open for Indian nationals studying in campuses within the territory of India. 

No, only students who are enrolled in the first year of the full time MBA / PGDM/ MMS program in the academic year 2025-2027 are eligible to apply for this scholarship. 

No, only students pursuing MBA full time are eligible for the scholarship. 

No, only students enrolled in the first year of their full-time B.E. / B. Tech program (MBA/ PGDM/ MMS) in the academic year 2025-27 (Batch of 2025-27) are eligible to apply for this scholarship. 

If you have been an IDFC FIRST bank MBA scholar in previous year(s), have not cleared your first year of the program and are re-appearing for your first-year examination, then you are not eligible to re-apply for the scholarship. however, if you are not an existing scholar of the IDFC FIRST Bank scholarship, then you may apply for the scholarship irrespective of the status of your results of the first year. 

If you are in the first year of your full time MBA program, you may apply for the scholarship previous years applications have no effect on next year's eligibility. 

Selected MBA Scholars shall receive the scholarship for two consecutive years of their full time MBA program given that the candidate clears his/ her first year in academic year 202527 and is promoted to the second year in academic year 2026-27. 

Up to 1 lac each year for 2 years or course fee whichever is less.

No, there is no application fee to apply for the IDFC FIRST Bank MBA scholarship.

Yes, it is mandatory for all the scholars to pass the first year and be promoted to second year in the next consecutive year to be eligible for the scholarship in the second year. 

Please note, this is the full and final list of eligible colleges for the current batch of scholarship and is not subject to any further change, if your college is not mentioned in the list of eligible colleges then, unfortunately you would not be eligible to apply for the scholarship at this time. you may suggest colleges that you would like the bank to explore for the coming years. though this does not guarantee an addition to the college in the coming years. 

You are eligible to apply for the scholarship if your college name is mentioned in the list, irrespective of the campus location mentioned. although the campus needs to be basic within the boundaries of India. Students based in campuses outside of India are not eligible to apply. 

Income from family members including parents or guardians, spouse, unmarried daughters and unmarried brothers/ sisters of the individual applying for the scholarship is taken into consideration while calculating income.

Income from widowed daughter/ sister is excluded when calculating what is family income. 

Income Certificate & intimation u/s 143(1) document of last financial year, no income certificate they are acceptable proofs for the calculation of family income. 

A valid, no-income certificate issued by an authority under the State Government would be needed in this case. Applicants are requested to check the validity of the certificate before submitting their applications.

An income certificate is a document issued by an Authority under the state government certifying the annual income of a person or a family from all sources, including salary, daily wages, pension, business, producers from property, rent, and remittances from expatriate members.

The authority that issues the certificate varies from state to state. In most cases, it is the

Village Tahsildars that issue this certificate, but many states and union territories also have

District Magistrate, Deputy Commissioner, Collector, Revenue Circle Officers, Sub Divisional Magistrates or other District Authorities appointed for this purpose. You are requested to check on the issuing authority of your state for this requirement.

The income certificate is valid for the financial year mentioned in the certificate and varies from state to state. Applicants are requested to check for validity of the certificate before applying.

Students applying for batch starting in 2025 must ensure that their certificates are valid for FY 2025-26. 

No, The EWS certificate is an income and asset certificate issued to the economically weaker category and is not acceptable as income proof because it does not establish the exact income of the applicant. 

No, an agricultural income certificate contains only details of income obtained from involvement in all agricultural activities, whereas an income certificate includes details of annual income for all sources. 

Please note, this is the full and final list of eligible colleges for the current batch of scholarship and is not subject to any further change, if your college is not mentioned in the list of eligible colleges then, unfortunately you would not be eligible to apply for the scholarship at this time. you may suggest colleges that you would like the bank to explore for the coming years. though this does not guarantee an addition to the college in the coming years. 

You are eligible to apply for the scholarship if your college name is mentioned in the list, irrespective of the campus location mentioned. although the campus needs to be basic within the boundaries of India. Students based in campuses outside of India are not eligible to apply. 

You are required to upload the following documents:

• Admission Form (signed and stamped by the institute)

• Fee Receipt (for the current academic year)

• Income Certificate Proof (issued by a competent authority)

• Birth Certificate (issued by a competent authority) 

All documents must be uploaded in PDF, JPEG, PNG, Word Doc format. Ensure that the file is clear and legible. 

Each document should not exceed 2 MB in size. If needed, compress the file before uploading. 

You can use free online tools or mobile apps to compress your document to reduce its size while maintaining readability. 

You need to ensure availability of all required documents before final submitting of application. You may proceed with filling application form details with available documents and save them, but application no will get generate only after uploading all pending documents. Please note all documents must be submitted before the application deadline to be considered. 

After uploading, you’ll see a confirmation message and a preview. You can also view your uploaded documents in the “My Documents” section. 

Yes, you can edit or replace any uploaded document before final submission of the application. 

If you're facing technical difficulties, please reach out to our support team.

Support email MBA- mbascholarship@idfcfirstbank.com

Registered candidate can go to `Help` tab after Sign-in and click on 'Raise a Query' to submit a form.

Students not yet registered can email mbascholarship@idfcfirstbank.com with the query.

The CSR team will be in touch with you within 3 working days. 

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1. Application Stage Drop-out:

- A candidate whose application is under verification, can opt to drop out at any time by raising a request through the portal, to notify the CSR Team.

2. Drop-out of ‘Awarded’ Candidates:

- If a candidate, who has already been awarded the scholarship, wishes to drop out of the program midway, for any reason whatsoever, he/she must notify the CSR Team and obtain their approval.

- The candidate can raise a drop-out request through the portal. The request will be reviewed by the CSR Team, who will share the necessary approval.

3. Refund of the Scholarship Amount:

- If the scholarship has already been disbursed to the candidate, the candidate and the SPOC of his/her college will receive instructions on how to refund the amount to the IDFC FIRST Bank account.

- The candidate’s drop-out request will be approved only after the college SPOC completes the refund, and the CSR Team confirms receipt of the refund.