IDFC FIRST Bank MBA Scholarship 2025-27
If you’re planning to pursue an MBA but are facing financial hurdles, the IDFC FIRST Bank MBA Scholarship 2025-27 could be your gateway to success. This need-based scholarship provides financial assistance to deserving students from economically weaker sections, helping them achieve their management education dreams.
About the IDFC FIRST Bank MBA Scholarship
Launched under the Corporate Social Responsibility (CSR) initiative of IDFC FIRST Bank, this scholarship program supports first-year students enrolled in a full-time 2-year MBA program (2025-27 batch). Students who qualify will receive ₹2,00,000 over two years (₹1,00,000 per annum), directly disbursed to their college to help cover tuition fees.
Eligibility Criteria
To apply for the IDFC FIRST Bank MBA Scholarship 2025-27, students must meet the following conditions:
- Must be Indian nationals residing in India.
- Enrolled in the first year of a 2-year full-time MBA or PGDM program (class of 2027).
- Must be attending a college listed in the official scholarship partner institutions.
- Annual family income should not exceed ₹6 lakh from all sources.
- Aadhaar-linked mobile number is mandatory.
Note: Students pursuing integrated MBA, executive MBA, or any course other than a 2-year full-time MBA/PGDM are not eligible.
Scholarship Benefits
- Total Scholarship Amount: ₹2,00,000
- Disbursement: ₹1,00,000 per academic year (2025–26 & 2026–27)
- Disbursal Method: Directly to the student’s institution
Documents Required
Ensure you have scanned copies of the following documents while applying:
Admission Proof:
- Admission letter mentioning institution name, batch, and year
- Copy of the fee receipt
Income Proof (any one):
- Government-issued income certificate
- Section 143(1) Income Tax return document of the earning family member
Additional (if applicable):
- Disability certificate for specially-abled candidates
How to Apply Online?
Follow these steps to apply for the scholarship:
- Visit the official Buddy4Study portal.
- Login/Register with your email, mobile number, or Google account.
- Search and click on “IDFC FIRST Bank MBA Scholarship 2025-27”.
- Read all instructions carefully and click on “Apply Now”.
- Complete Aadhaar & mobile number verification.
- Fill out the application form and upload required documents.
- Submit your application.
Note: Use Google Chrome for best performance and a smooth application process.
Important Dates
- Application Deadline: 30th June 2025
Terms and Conditions
- The scholarship applies only to approved colleges listed in the program.
- The scholarship amount is strictly for tuition fees and paid directly to the institution.
- Selection involves document verification, and on-ground screening by bank representatives.
- Students must clear first-year exams to qualify for the second installment.
- Children of IDFC FIRST Bank employees are not eligible.
Final Selection
- Shortlisting and final selection is at the sole discretion of IDFC FIRST Bank.
- Participation in official events related to the scholarship is mandatory for awardees.
Why You Shouldn’t Miss This Opportunity
If you’re academically capable but financially challenged, this is your chance to reduce the burden of tuition fees and focus fully on your MBA journey. The IDFC FIRST Bank MBA Scholarship 2025-27 is one of the most trusted scholarship schemes for MBA aspirants in India.
Click Here to Apply Now for the IDFC FIRST Bank MBA Scholarship 2025-27
Who is eligible to apply for the IDFC FIRST Bank MBA Scholarship 2025-27?
Eligible applicants must:
Be Indian nationals residing in India
Be enrolled in the 1st year of a 2-year full-time MBA or PGDM program (2025-27 batch)
Have a family income of ₹6 lakh or less per annum
Be studying in one of the eligible institutions listed by IDFC FIRST Bank
Have a valid Aadhaar-linked mobile number
What is the total scholarship amount provided?
The scholarship offers ₹2,00,000 over two years (₹1,00,000 per year) for full-time MBA/PGDM programs.
How is the scholarship amount disbursed?
The scholarship amount is directly transferred to the college or institution’s account towards tuition fees. Disbursement occurs only after fee receipts are submitted and all verification steps are completed.
What are the important documents required to apply?
Applicants must upload:
Admission proof (letter or fee receipt)
Income certificate or Section 143(1) IT document
Disability certificate (if applicable)
How can I apply for the scholarship?
Follow these steps:
Visit the Buddy4Study website
Register or log in
Find the IDFC FIRST Bank MBA Scholarship 2025-27
Complete Aadhaar verification
Fill in the online form
Upload documents
Submit the application
What is the last date to apply?
The application deadline is 30th June 2025.
Will I get the second-year scholarship automatically?
No. To receive the second installment, you must:
Pass your first-year MBA exams
Be promoted to the second year
Provide relevant fee receipts
Are students from all MBA colleges eligible?
No. Only students from IDFC FIRST Bank’s listed partner colleges are eligible. Refer to the official website or notification for the list.
