Online applications are invited for the Kotak Junior Scholarship 2024-25. The last date of registration is June 30, 2024.

About Kotak Mahindra Group

Established in 1985, Kotak Mahindra Group is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank – Kotak Mahindra Bank Ltd (KMBL).

About the Scholarship

Kotak Junior Scholarship Program 2024-25 is an initiative of Kotak Education Foundation (KEF), the CSR implementing agency of Kotak Mahindra Group. This transformative scholarship program has been designed to provide invaluable financial assistance and support to deserving students who have successfully completed their 10th grade from SSC/CBSE/ICSE boards within the Mumbai Metropolitan Region (MMR).

Selected students will receive a scholarship of INR 3,500 per month throughout Class 11 and Class 12, totalling INR 73,500 for 21 months. They will also receive benefits through mentorship support, academic assistance, career guidance, and exposure visits to broaden their horizons and enhance their learning experiences.

Eligibility Criteria

  • Applicants must have obtained over 85% marks in their Class 10 board examination (SSC/CBSE/ICSE) in 2024.
  • They must have secured admission in Class 11 at junior colleges/schools for Arts, Commerce or Science streams in the Mumbai Metropolitan Region (MMR) for the academic year 2024-25.
  • The annual family income of applicants must be INR 3,20,000 or below.
  • Students must reside within the Mumbai Metropolitan Region (MMR).
  • Children of employees of Kotak Education Foundation and Buddy4Study are ineligible to apply for the Kotak Junior Scholarship.

Benefits

Selected students will receive the following benefits:

  • Scholarship of INR 3,500 per month during Class 11 and Class 12, totaling INR 73,500 for 21 months.
  • Mentorship support to guide students through their educational journey.
  • Academic assistance to help students excel in their studies.
  • Career guidance to facilitate informed decisions about future prospects.
  • Exposure visits to broaden students’ horizons and enhance their learning experiences.

Note:

  • This scholarship amount will be paid on a quarterly/six-monthly basis.
  • The scholarship fund is designated solely for academic expense purposes such as tuition fees, books, stationery, travel, and other related educational needs.
  • The utilization of the fund can be further tailored based on the specific requirements of the Kotak Education Foundation.

How to Apply?

Interested candidates can apply online via buddy4study.com.

Documents Required

  • SSC/ICSE/CBSE mark sheet (e-copy allowed): Mandatory.
  • Front and back page of Yellow/Orange Ration Card of students: Mandatory. [Students need to submit an income certificate issued by the Government of Maharashtra (obtained from the Collector’s office) or the Government of India within 30 days of provisional selection].
  • Recent passport-size photograph: Mandatory.
  • Aadhaar Card of both the parents and student: Required.
  • Pan Card of at least one earning parent/guardian.
  • School leaving certificate.
  • The latest copy of the IT Return along with 26AS, if income tax is paid or an IT Return is filed by any family member.
  • Death certificate in case of a single parent.
  • Student’s bank account (bank statement or first page of bank passbook): Mandatory.

Application Deadline

June 30, 2024.

Click here to view the official notification of the Kotak Junior Scholarship 2024-25 for Class 11 Students.