IDFC FIRST Bank Engineering Scholarship Program

About this scheme

The IDFC FIRST Bank Engineering Scholarship Program is a need-based scholarship under IDFC FIRST Bank's CSR educational initiatives. It aims to make engineering education accessible to meritorious students from economically weaker backgrounds who are unable to pursue higher studies due to financial constraints. The scholarship provides ₹1,00,000 per year for the full four-year duration of the B.Tech/B.E. programme, totalling ₹4,00,000. It is open to first-year students enrolled in select eligible engineering colleges across India. Approximately 230 scholarships are awarded annually. The scholarship amount is disbursed directly to the institution after verification of fee receipts.

Eligibility

• Citizenship: Must be an Indian citizen
• Education level: Must be enrolled in the first year of a full-time B.Tech or B.E. programme (4-year course)
• Institution: Must have secured admission in one of the eligible colleges listed on the official IDFC FIRST Bank scholarship page
• Annual family income: Gross annual family income must not exceed ₹6,00,000 per annum from all sources
• Other scholarships: Must not be receiving any other scholarship or tuition fee waiver for the engineering course
• Employee exclusion: Children of employees from IDFC FIRST Bank or Buddy4Study are not eligible

Benefits

• ₹4,00,000 total scholarship over 4 years of B.Tech/B.E. (₹1 lakh per annum)
• Scholarship amount is the fee of one year or ₹1 lakh per annum, whichever is lower
• Continued support for subsequent years if the student clears exams successfully
• No application fee required
• Approximately 230 scholarships available annually

Required documents

• Proof of family income
• Applicant's address proof
• Class 12 marksheet
• College admission receipt / fee receipt
• Aadhaar Card
• Bank passbook (account number and IFSC)
• College bonafide / enrolment certificate

Frequently asked