Kotak Mahindra Scholarships - Kotak Karma Kotak Shiksha Nidhi Scholarships 2021-22 ONLINE APPLY Kotak Mahindra Group Companies are collaboratively funding their CSR Project on Education & Livelihood Project – Kotak Shiksha Nidhi, which is being implemented by Kotak Education Foundation  


Under the CSR Project of Education & Livelihood of Kotak Group Companies, their partner organisation Kotak Education Foundation is implementing ‘Kotak Shiksha Nidhi’ – financial assistance to students, who have lost primary earning member of the family due to COVID-19, for the continuation of education. 

Kotak Mahindra Scholarships - Kotak Karma - Kotak Shiksha Nidhi Scholarships 2021-22 ONLINE APPLY

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).

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

Kotak Mahindra Group Companies are collaboratively funding their CSR Project on Education & Livelihood Project – Kotak Shiksha Nidhi, which is being implemented by 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. 

Last Date for  Kotak Shiksha Nidhi Deadline   31-Mar-2022

Eligibility for Kotak Mahindra Scholarships - Kotat Siksha Nidhi Scholarships

Students studying in schools and colleges across India falling under any of the below categories:

  • Loss of both parents due to COVID-19
  • Loss of one of the parents due to COVID-19
  • Loss of the primary earning member of the family (other than parent) due to COVID-19
  • Applicants must be school or college going students from 1st standard up to Diploma or Graduation (ages 6 years to 22 years).

Selection for Kotak Shiksha Nidhi:
The selection of eligible students for Kotak Shiksha Nidhi and the extent of assistance under Kotak Shiksha Nidhi (financial assistance for school and college fees payment) will be at the discretion of Kotak Education Foundation.

Kotak Education Foundation will review the Kotak Shiksha Nidhi applications based on proofs of continuation of education, related expenses from school/junior college/college as may be the case, and valid proof of the loss of parent/parents/primary earning member of the family (other than parent) due to COVID-19. Benefits:

  • Includes Indian national students studying in schools and colleges in India.
  • Includes school & college fees, library deposit, stationery and other continuation of education relevant expenses payable to school/college, hostel lodging & boarding expenses
  • Excludes International boards such as IGCSE, IB, etc.

Documents

  • For minor applicant (under 18 years): Minor applicant’s Aadhaar Card along with identity proof of the parent/guardian of the minor applicant: Aadhaar Card, Voter Identity Card, Driving License, PAN Card
  • For applicants over 18 years: Aadhaar Card, Voter Identity Card, Driving License, PAN Card.
  • Current academic year admission proof such as fee receipt/ bonafide letter/institution ID card/admission letter and mark sheet of previous class grade (optional)
  • Death certificate of primary earning member(s), parent, parents
  • Proof of death due to COVID-19 such as hospital receipt, doctor prescription, COVID-19 test report, medical bills for COVID-19 medication, hospital discharge summary, etc.
  • Reference from two (2) persons who are aware of the family's crisis (can be a school teacher, doctor, head of school, college, or a government officer, etc.), if required
  • Bank account details of the applicant, if the beneficiary student (applicant) is above 18 years
  • Bank account details of the applicant’s parent or guardian, if the beneficiary student (applicant) is a minor
  • Passport size photograph of the applicant and the guardian

How can you apply?

  • Click on the ‘Apply Now’ button below.
  • Login to Buddy4Study with your registered ID and you will be redirected to the ‘Kotak Shiksha Nidhi Application Form Page’.
  • If not registered on Buddy4Study - Register at Buddy4Study with your Email/Mobile/Facebook/Gmail account.
  • Click on the ‘Start Application’ button to begin the application process.
  • Fill in the required details in the online application form.
  • Upload relevant documents.
  • Accept the ‘Terms and Conditions and click on ‘Preview’.
  • You need to review your details seen on screen for correctness, thereafter, click on the ‘Submit’ button to complete the application process.

Apply Online for Kotak Scholarship Click Here

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