About The Kotak Junior Scholarship
The Kotak Junior Scholarship 2023-24 is a golden opportunity for Class 11 students within the Mumbai Metropolitan Region to receive valuable financial assistance. Empowering deserving students, this scholarship program, offering a monthly grant of INR 3,000, is a testament to Kotak Mahindra Group’s commitment to inclusive education.
The Kotak Junior Scholarship, facilitated by the Kotak Education Foundation in collaboration with various entities within the Kotak Mahindra Group, aims to support economically disadvantaged students pursuing education in Arts, Commerce, or Science streams at the junior college level. This initiative reflects Kotak Mahindra Group’s broader commitment to inclusive financial services and community development.
Objectives of this scholarships
- Empowering children and young individuals from underprivileged families.
- Providing financial assistance, mentoring, and coaching to meritorious students.
- To Guide students from completing 10th grade to pursuing higher education.
- Extending assistance to school dropouts through skill development and livelihood programs.
Full Overview Of Kotak Junior Scholarship
| Details | Information |
|---|---|
| Scholarship Name | Kotak Junior Scholarship 2023-24 |
| Target Students | Class 11 students in Mumbai Metropolitan Region |
| Monthly Assistance | INR 3,000 |
| Sponsoring Entity | Kotak Education Foundation and Group Companies |
| Annual Family Income Limit | Rs 3,20,000 or less |
| Academic Streams | Arts, Commerce, or Science |
| Utilization of Funds | Academic expenses, including tuition, books, travel, and more |
| Application Mode | Online |
| Application Deadline | To Be Announced |
Important Date
Application Deadline: Deadline 31-Jul-2023 (To Be Announced for 2024)
Eligibility criteria
- Annual family income less than Rs. 3,20,000.
- They are secured above 85% in Class 10 (SSC/CBSE/ICSE) in the Previous Year.
- Admission in Class 11 in Mumbai for Arts, Commerce, and Science Streams
- Children of KEF and Buddy4Study employees are Not eligible for this scholarship.
Selection Procedure
- Selection Process:
- Applications were reviewed based on the eligibility criteria and academic performance.
- Shortlisted candidates might have been called for an interview or additional verification.
- Final selection was made based on merit and financial need.
Scholarship Amounts & benefits
| Benifits | Amount |
|---|---|
| Monthly | INR 3,000 |
Scholarship Amount:
- For the 2023-24 cycle, the Kotak Junior Scholarship offered a monthly stipend of ₹3,000. This amounted to a total of ₹36,000 over the academic year.
Benefits:
- The scholarship amount was intended to be used for academic expenses such as tuition fees, books, stationery, travel, and other related educational needs.
- The specific details of how the funds could be used might have been tailored based on the requirements of the Kotak Education Foundation.
Required Documents
- Income certificate
- Aadhaar cards of parents and student
- PAN card of an earning parent/guardian
- SSC (Class 10) mark sheet
- School leaving certificate
- Income tax return (if applicable)
- Passport-size photograph
- Student’s bank account
How to apply
- Click on the ‘Apply Now’ button on the official website.
- Login to Buddy4Study with your registered ID or register if not already a member.
- Fill in the online application form with the required details.
- Upload the relevant documents, including income certificate, photographs, Aadhaar cards, and more.
Contact Details
- 011-430-92248 (Ext-325)- (Monday to Friday – 10:00AM to 06:00 PM (IST))
- kotakjunior@buddy4study.com
To view the results, kindly click on the link provided here.