IDFC FIRST Bank MBA Scholarship 2025-27: Apply Online Eligibility Amount and Last Date

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IDFC FIRST Bank MBA Scholarship, is a scholarship from IDFC FIRST Bank that provides financial support for students who are admitted to a two-year full-time MBA program will receive INR 2 lakh towards tuition fees, an amount of INR 1 lakh per annum. The scholarship is applied via the online application form and the last tentative date to apply is July 20, 2026. The scholarship is applicable for the students with an annual family income of less than INR 6 lakh. The scholarship is part of Bank's CSR initiative to enhance educational opportunities and equity.

IDFC FIRST Bank MBA Scholarship Highlights

Particulars Details
Scholarship Name IDFC FIRST Bank MBA Scholarship 2025–27
Launched By IDFC FIRST Bank
Scholarship Type Need-based
Applicable For First-year students of full-time MBA/PGDM (Batch 2025–27)
Scholarship Amount INR 2 lakh (INR 1 lakh per annum)
Application Deadline July 20, 2026 (Tentative)
Eligibility Indian nationals with annual family income ≤ INR 6 lakh
Application Mode Online
Official Website www.idfcfirstbank.com
Contact Email mbascholarship@idfcfirstbank.com

IDFC FIRST Bank MBA Scholarship Eligibility Criteria

Students should meet the eligibility criteria to apply for the IDFC FIRST Bank MBA Scholarship

  • The applicant must be an Indian
  • Must be registered in the first year of a 2-year full time MBA or equivalent degree
  • Must be studying in one of the eligible MBA schools identified on the official scholarship website.
  • The gross annual family income must be less than or equal to INR 6 lakh from all sources.
  • Must possess a valid mobile number linked to their Aadhaar.

Note: Students pursuing 1-year executive programs, integrated MBA programs, or part-time MBAs are not eligible.

IDFC FIRST Bank MBA Scholarship Benefits

  • Selected students will receive financial support of INR 2,00,000 for their two-year MBA program (INR 1 lakh for each year).
  • The funds will be paid directly to whichever college or institution the student is enrolled in.
  • The scholarship is limited to tuition fees only and will be subject to terms and condition.
  • Students will need successful completion of the first year to be eligible for installment for the second-year funds.

IDFC FIRST Bank MBA Scholarship Documents Required

While filling out the online process, the student must upload scanned copies of the following documents:

  • Admission Documents
  • Proof of Admission, documentation must show institution name, year, and the batch
  • Copy of latest fee receipt
  • Income Proof (any one)
  • Income certificate by a government authority (Tehsildar or Magistrate)
  • Intimation under Section 143(1) of the earning family member
  • Other Documents (if applicable)
  • Disability certificate (if applicable)

Applying for IDFC FIRST Bank MBA Scholarship

Students who meet the eligibility criteria can apply online through the official scholarship portal by following these steps:

  • Visit the official IDFC FIRST Bank scholarship page or click on the “Apply Now” button found on the Portal.
  • Login or register on Buddy4Study by using your email, mobile number, or Google/Facebook account.
  • After logging in, you’ll be redirected to the official IDFC FIRST Bank MBA Scholarship 2025-27 website.
  • Make sure you read all the detail carefully, and click on ‘Apply Now’.
  • Next, the system will ask for your Aadhaar linked mobile number to continue with your application.
  • After you have completed the verification successfully, you will receive a welcome mail/SMS with your login ID and password.
  • Enter your credentials and login to complete the application form
  • Upload all necessary documents

Note: For a smooth experience when filling out your application, we recommend using Google Chrome and also ensure that all documents are in line with the format and size specifications.

IDFC FIRST Bank MBA Scholarship Terms and Conditions

Scholarship is applicable for students in the first year only for a two year full-time MBA/PGDM program.

  • Executive, integrated, or part-time MBA students are not eligible.
  • The scholarship amount will be disbursed to the institution after verification and submission of valid fee receipts.
  • Applicants must cooperate in the on-ground verification process conducted by IDFC FIRST Bank representatives.
  • Children of IDFC FIRST Bank employees are not eligible.
  • Students must attend all official IDFC FIRST Bank events related to the scholarship.
  • Non-compliance with the eligibility or verification process will result in rejection of the application.

IDFC FIRST Bank MBA Scholarship Important Dates (Tentative)

Event Date
Application Deadline July 20, 2026
Document Verification August 2026
Final Award Announcement September 2026

IDFC FIRST Bank MBA Scholarship FAQs

Ques. Who can apply for the IDFC FIRST Bank MBA Scholarship?

Ans: Students enrolled in the first year of a two-year full-time MBA or PGDM program with a family annual income below INR 6 lakh are eligible to apply.

Ques. What is the total scholarship amount of the IDFC FIRST Bank MBA Scholarship?

Ans: The total scholarship amount is INR 2 lakh, disbursed as INR 1 lakh per academic year for two years, subject to the scheme’s terms and conditions.

Ques. When will the scholarship amount be paid?

Ans: The scholarship amount will be directly credited to the institution’s account after verification of documents by the concerned bursar.

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