IDFC First Bank Flagship MBA Scholarship 2021: Last Date, Eligibility Criteria, Benefits, Selection, Application Process

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The IDFC First Bank Flagship MBA scholarship is a need-based scholarship. It awards INR 200000/- for two years of full-time MBA education to students who have earned admission to B-schools on their own merit but have a household income of less than INR 6 lakhs per year. This fellowship seeks to make postgraduate business studies education accessible to people who are academically qualified but unable to pay it owing to financial limitations.

IDFC First Bank Flagship MBA Scholarship Important Dates

Event	Date
Last date to apply for the scholarship	September 2, 2021
Announcement of the result	September 2021 (Tentatively)

IDFC First Bank Flagship MBA Scholarship Eligibility Criteria

Below are the eligibility criteria to avail of the IDFC First Bank Flagship MBA scholarship:

Only Indian nationals who live in India are eligible.
The total yearly household income should be less than or equivalent to INR 6 lakhs per annum.
Students enrolling in the 2020-22 cohort are eligible.
Enrolled in one of the MBA colleges listed in the documents part of this page.

IDFC First Bank Flagship MBA Scholarship Selection Criteria

IDFC First Bank Flagship MBA Scholarships is inviting scholarship applications on the First Come, First Serve Basis. The selection criteria will be the First Come, First Serve Basis.

IDFC First Bank Flagship MBA Scholarship Benefits

Over the course of their two-year MBA program, the chosen MBA students will get a scholarship of INR 200000 (I.e., INR 100000 per year).
IDFC First Bank Flagship MBA Scholarship makes high-quality business studies accessible for the students who are meritorious but cannot afford an MBA Degree.

How to Apply for IDFC First Bank Flagship MBA Scholarship?

Follow the below steps in order to apply for the IDFC First Bank Flagship MBA scholarship:

Create an account: If you fulfill the qualifying requirements, you may create an account on our site by giving your username and email address, and then complete the application procedures online.
Add your details: Following the registration procedure, you must submit your personal information, academic records, and upload any relevant documents.
Submit the application: To avoid data loss, we recommend that you save your modifications during the application process.
Proof of submitting the application: After you've submitted your application, you'll be given an application number with which you may follow its progress. IDFC FIRST Bank will examine your application and provide you a final notification by mail to your registered email address, which you may also read on the web.

Documents Required:

At the time of registration, all candidates must provide the required papers. The following is a list of documents to keep on hand:

Proof of Date of Birth
Letter of acceptance of Business School
Income Certificate
Statement of purpose
Academic Transcripts
Copy of the fees receipt
Updated resume
Caste Certificate
Latest passport size photographs

NOTE: There is no application fee to apply for IDFC First Bank Flagship MBA Scholarship.

IDFC First Bank Flagship MBA Scholarship FAQ’s

Ques. What is the fee for filing the IDFC First Bank Flagship MBA scholarship application form?

Ans. There is no fee for filling the application form. It is totally free. You can get the scholarship if and only if you met the eligibility criteria.

Ques. Can a student who is admitted to the college in the year 2020 apply for this scholarship?

Ans. No, this fellowship is only open to students who are in their first year of a full-time MBA/PGDM program in the academic year 2021-2023.

Ques. Can I get this scholarship if I am studying through distance education?

Ans. No, the grant is only offered to students who have completed the first year of a two-year full-time MBA program. This grant is not open to applicants who are pursuing an executive MBA.

Ques. What is the selection process for the IDFC First Bank Flagship MBA scholarship?

Ans. IDFC FIRST Bank will review all submissions and offer the scholarship to the top 350 scholars once they complete the online application form and submit all required documentation.

Ques. What should you do if you face any issue during filling out the application form or after that?

Ans. If you face an issue during filling of the application form or after that, then contact the below number or through email id: