Kotak Kanya Scholarship is a collaborative CSR Project on Education & Livelihood of Kotak Mahindra Group companies, which is being implemented with Kotak Education Foundation – Kotak Kanya Scholarship will financially support meritorious girl students from underprivileged sections of the society to enable them to pursue higher education after passing out 12th standard.
Under Kotak Kanya Scholarship 2022, girl students who aspire to pursue professional graduation courses from institute of repute (NAAC/NIRF accredited) after 12th standard will be provided scholarship to pay their academic expenses till the completion of their graduation (degree). The professional graduation (degree) courses include Engineering, MBBS, Architecture, Design, integrated LLB, etc.
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).
Kotak Mahindra Group (Group) offers a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, mutual funds, life and general insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The premise of Kotak Mahindra Group’s business model is concentrated India, diversified financial services. The bold vision that underscores the Group’s growth is an inclusive one, with a host of products and services designed to address the needs of the unbanked and insufficiently banked. As on 30th June, 2021, Kotak Mahindra Bank Ltd has a national footprint of 1,612 branches and 2,591 ATMs, and branches in GIFT City and DIFC (Dubai). For more information, please visit the Company’s website at https://www.kotak.com
The following Kotak Mahindra Group Companies are collaboratively funding their CSR Project on Education & Livelihood – Kotak Kanya Scholarship 2022, which is being implemented with Kotak Education Foundation
Kotak Education Foundation (KEF) was established on 14th January, 2007 with a mission to address urban poverty through education & livelihood initiatives. KEF works in the impoverished areas of Mumbai - slums of Deonar, Govandi Chembur, Kurla, Dharavi, etc to empower children and youth from the underprivileged families through various education and vocational skills training initiatives to make them employable and lead a life with dignity. KEF’s scholarship for meritorious students includes financial assistance, mentoring and coaching sessions to assist the 10th pass, complete 12th and graduation. Further, school dropouts are provided support to rise above the poverty line through skilling and livelihood programmes. KEF is working with 140 plus schools, serving over 1,500 teachers and about one lakh students.
Scholarship amount of up to Rs. 1.5 lakh* per year will be given to each selected scholar till completion of her professional graduation courses/degrees. The scholarship amount under Kotak Kanya Scholarship 2022 can be utilized only to cover academic expenses, including tuition fees, hostel fees (applicable only for on-campus hostel), internet, laptop, books, and stationery.
*Disclaimer: Terms and Conditions Apply. Scholarship selection and amount is based on fulfilment of the eligibility criteria and will be at the discretion of Kotak Education Foundation.
Application start date: 8th August, 2022
Application deadline: 30th November, 2022
Contact Details :
Email: kotakscholarship@buddy4study.com
Phone: +91-11-430-92248 (Ext: 262)
The selection of scholars for the Kotak Kanya Scholarship 2022-23 will be based on the academic merit and financial background of the applicants.
The selection is a multi-stage process as detailed below:
The scholarship will be operational and run through till the completion of the girl student’s professional graduation degree or professional courses pursued alongside graduation. However, for the scholarship renewal in successive years, the scholars must fulfil the following renewal criteria:
The scholarship amount for Kotak Kanya Scholarship 2022 will be transferred on an annual basis to the selected scholar’s bank account. The parent or guardian’s bank account will be credited with the scholarship fund in case the selected student is still a minor at the time of selection of scholarship. From the date the scholar turns eighteen (18), the scholarship amount will be transferred into the scholar's account.
Further, at the beginning of each semester:
Yes, you can apply for this scholarship if you fulfil the rest of the eligibility conditions and provided you have already been admitted to 1st year in the academic year 2022-23.
