About Kotak Junior Scholarship 2023

Kotak Junior Scholarship is a collaborative CSR project of Kotak Mahindra Group companies to promote education and livelihood among economically backward communities.

Tailored to the requirements of Standard 11+ students from SSC, CBSE and ICSE boards, the scholarship program nurtures their talents and helps them flourish. Trained experts counsel and enable students to complete Standard 12 and encourage them to take admission to professional courses.

Their confidence is boosted through a thoughtfully structured timetable of financial aid, one-on-one mentoring, career guidance, webinars and assistance to prepare for entrance exams. They also get industry exposure through field visits to business houses and educational institutions. Skilful specialists from KEF help build a positive environment through home visits, enabling parents to stay involved and take pride in their children’s development.

About Kotak Mahindra group

Established in 1985, Kotak Mahindra Group is one of the leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Limited (KMFL), the group’s flagship company, received a 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 Finance Limited (KMFL).

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.

About Kotak Education Foundation

Kotak Education Foundation, founded in 2007, aids children and youth from underprivileged families through a range of initiatives that support education. School Education, Scholarships and Vocational Education programs help deserving students study, reach their full potential and gain a means of livelihood.

KEF has partnered with 200 schools in and around Mumbai, impacting more than 1,00,000 students, 30,000 parents, 10,000 teachers and 1,000 school leaders. Students facilitated by KEF have become engineers, doctors, finance professionals, and are now role models for their community.

KEF’s school education and vocational education projects operate across Mumbai, Thane, Pune, Nashik and Palghar. KEF is also active in different parts of the country through its Scholarship Project and financial aid to students impacted negatively by COVID-19.

REACHING FOR THE STARS


Kotak Education Foundation is deeply interwoven into the journey of many who combat poverty, work with dedication and accomplish their goals.

2,141 meritorious scholars facilitated through 10+, 12+ and Kotak Kanya scholarships

670 students completed graduation, 500 of them got employed

1,516 students benefited from Kotak Shiksha Nidhi, a pan-India financial assistance program

189 engineers, 9 doctors, 54 paramedics, 147 finance professionals, 2 armed forces personnel

Kotak Excel Scholars hired by prestigious corporates like Deloitte, L&T, Capgemini, TCS, HDFC Bank, ICICI Bank

65 students pursuing postgraduate studies

Kotak Junior Scholarship 2023 – Key Features



Eligibility Criteria :

  • Applicants must secure above 85% in Standard 10 Board exams (SSC, CBSE or ICSE)
  • Applicant’s annual family income must be Rs. 3,20,000/- or less

Key Benefits:

  • A scholarship allowance or fixed stipend provided to students of Class 11 and 12
  • One-on-one mentoring
  • Academic support and counselling
  • Career guidance
  • Assistance for entrance exam preparation
  • Exposure visits to industry houses and educational institutions
  • Home visits and interactions with parents

*Terms and Conditions Apply

*Selection for the Kotak Junior Scholarship is at the discretion of the Kotak Education Foundation

HOW TO APPLY FOR THE KOTAK JUNIOR SCHOLARSHIP 2023-24

Click here to submit your application online


STEP 1

Go to the application form link. Register yourself with your email id or phone number (not via Google or Facebook) on the B4S portal. If you register through Google or Facebook, the names will come by default from the respective sites.

STEP 2

Get a mobile OTP for identity verification.

STEP 3

After registration, log in and fill the application form with your email ID or phone number and password.

STEP 4

An Income Certificate will be required to be submitted to Kotak Education Foundation within 3 months of filling the application form. The income on the certificate should match the income listed on the application form.

You can obtain an Income Certificate from https://aaplesarkar.mahaonline.gov.in/en

STEP 5

Selected students will be informed by KEF through a congratulatory telephone call or message on or before 30th August, 2023.

Documents required

  • Income certificate (उत्पन्नाचा दाखला ) from collector’s office(Maharashtra or Government of India)
  • Recent passport-size photograph (mandatory)
  • Aadhaar Card of student (mandatory)
  • Aadhaar Card of both parents (mandatory)
  • PAN Card of at least one earning parent/guardian
  • SSC Mark Sheet - soft copy allowed (mandatory)
  • School Leaving Certificate
  • Latest copy of the IT Return and Form 26AS - if income tax has been paid or IT Return has been filed by any family member
  • Death Certificate in the case of a single parent
  • Student’s Bank Account details - bank statement or first page of bank passbook (mandatory)

Hurry!

  • Applications start : 5th June, 2023
  • Last date for applications : 15th July, 2023
  • Announcement of final selected students : 20th July, 2023
  • Get in touch :

  • Email: kotakjunior@buddy4study.com
  • Phone: 011-430-92248 (Ext: 325) (Monday to Friday -10:00AM to 6PM )
  • The last date for applications is July 15th, 2023. Applications submitted after this date will not be considered.

Frequently asked questions (FAQs)

  • Any student who has scored above 85% in her/his Standard 10 Board exams in 2023 (SSC, CBSE or ICSE) and has a family income of Rs. 3,20,000 or less
  • The student must have secured admission in (B+, B++, A, A+, A++) Accredited Junior College/School in Mumbai for Science, Commerce or Arts stream for Class 11 for the academic year 2023-24.

Click Here to submit your application online

  • Step 1: Go to the application form link. Register yourself with your email id or phone number (not via Google or Facebook) on the B4S portal. If you register through Google or Facebook, the names will come by default from the respective sites.
  • Step 2: Get a mobile OTP for identity verification.
  • Step 3: After registration, log in and fill the application form with your email ID or phone number and password.
  • Step 4: An Income Certificate will be required to be submitted to Kotak Education Foundation within 3 months of filling the application form. The income on the certificate should match the income listed on the application form. You can obtain an Income Certificate from https://aaplesarkar.mahaonline.gov.in/en
  • Selected students will be informed by KEF through a congratulatory telephone call or message on or before 30th August, 2023.

  • Income Certificate (उत्पन्नाचा दाखला) from the Collector’s office (Maharashtra or Government of India)
  • Recent passport-size photograph (mandatory)
  • Aadhaar Card of student (mandatory)
  • Aadhaar Card of both parents (mandatory)
  • PAN Card of at least one earning parent/guardian
  • SSC Mark Sheet – soft copy allowed (mandatory)
  • School Leaving Certificate
  • Latest copy of the IT Return and Form 26AS – if income tax has been paid or IT Return has been filed by any family member
  • Death Certificate in the case of a single parent
  • Student’s Bank Account details – bank statement or first page of bank passbook (mandatory)

Yes, an Income Certificate (उत्पन्नाचा दाखला) is a mandatory document which confirms your eligibility for the scholarship. If you do not have the latest Income Certificate at the time of applying, the receipt after application can be considered as proof that you have applied for the certificate. However, before confirming your scholarship, you need to submit the latest Income Certificate.

You should have a joint bank account with either of the parents. Bank statement or first page of a bank passbook is a mandatory document. In case you do not have a bank account at the time of the application, you can immediately start the process of opening a bank account (joint account with parent in case of a minor student).

15th July, 2023 is the last date for submission of applications for the Kotak Junior Scholarship.

You will receive a message or a phone call by 20th July, 2023 if you have been finalized and selected for the Scholarship program.

An amount of Rs. 63,000/- will be allotted for the 2 years of the scholarship program.

The Kotak Junior Scholarship amount can be utilized for paying college fees, purchasing study books, coaching classes or tuition fees or any activity related to academics.

The scholarship amount will be transferred into your bank account.

No fees need to be paid for the scholarship or at any point in time during the tenure of the scholarship program.

No. The Scholarship is open to State Board, ICSE and CBSE Boards and to students from Government schools, private aided and non-aided schools.

You will receive one-on-one mentoring from KEF experts for both years.

KEF will provide academic support, webinars and career guidance to help you make the appropriate career choice after 12th Standard, as well as assistance in competitive entrance exam preparations.

You will benefit from industry exposure visits to business houses and educational institutions.

Experienced specialists from KEF will review your academic progress at regular intervals, conduct home visits and interact with your parents during the tenure of the Kotak Junior Scholarship program.

Mentoring is academic and counselling support provided to you. Once you are on board with KEF as a Junior Scholar, a KEF mentor will be assigned to you. S/he will guide you through the 2 years of the scholarship program and support you in preparing a detailed study plan, tracking it and completion of syllabus.

Yes, if your college is within the MMR (Mumbai Metropolitan Region) geographical area, you are eligible for the scholarship provided you also meet all the other basic eligibility criteria.

  • Geographical scope: Students under consideration include those from the following geographical areas - Greater Mumbai (Brihanmumbai), Thane City, Mira-Bhayandar, Kalyan-Dombivali, Ulhasnagar, Bhiwandi-Nizampur, Navi Mumbai, Vasai-Virar, Ambernath, Badlapur, Uran.
  • Following areas are NOT included in the geographical scope: Alibaug, Khopoli, Pen, Karjat, Matheran, Panvel, Palghar.

Yes, the Scholarship is open to Day and Night Schools, to students from Government schools, private aided and non-aided schools.

There are 9 larger municipal corporations under the MMR region. They include Greater Mumbai (Brihanmumbai) and the suburban city, Thane City, Mira Road-Bhayandar, Kalyan-Dombivali, Ulhasnagar, Bhiwandi-Nizampur, Navi Mumbai, Panvel City, Vasai-Virar. The other 3 municipal councils of Ambernath, Badlapur and Uran are also included.

Yes, if scores keep dropping every quarter and participation in student engagement activities is limited, the Kotak Junior Scholarship can be terminated with prior notice/communication.

Yes. The scholarship does not discriminate on the basis of disability, religion, caste or gender. Students are expected to meet the primary criteria for selection for Kotak Junior Scholarship and seek admission at any college in the MMR geographical area.

No restrictions are observed with respect to the medium or language of schooling. The student needs to meet the criteria of merit and family income and should take admission to a college within the MMR geographical area.

Kotak Education Foundation has a graduation-level scholarship available for students after they successfully complete HSC Board or 12th Standard. In order to secure the scholarship, students have to meet the means and merit criteria of the 12+ scholarship. The selection for the graduate-level scholarship is at the discretion of the Kotak Education Foundation.