Federal Bank Scholarship 2024-25 | Apply Online, Eligibility, Documents Required, Benefits, Last Date @scholarships.federalbank.co.in

The Federal Bank Scholarship 2024-25 is a financial aid program introduced by Federal Bank to support the education of deserving first-year undergraduate & postgraduate students. This scholarship is designed for students pursuing professional courses in select disciplines across Gujarat, Karnataka, Kerala, Maharashtra, Punjab, and Tamil Nadu.

Under this scholarship , eligible students will receive complete reimbursement of tuition fees and other educational expenses, easing the financial burden on meritorious students from economically weaker backgrounds.

In this blog, we will provide detailed information about the Federal Bank Scholarship, including eligibility criteria, benefits, required documents, and the step-by-step application process.

Federal Bank Scholarship 2024-25 (Highlights)

Eligibility Criteria

To apply for the Federal Bank Scholarship 2024-25, applicants must meet the following criteria:

1. Courses: Applicants must be enrolled in one of these courses and currently studying in the first year:
   • MBBS
   • B.E./B.Tech
   • B.Sc in Nursing
   • MBA
   • B.Sc in Agriculture or B.Sc (Hons) Co-operation & Banking
2. Domicile: Applicants must be residents of Gujarat, Karnataka, Kerala, Maharashtra, Punjab, or Tamil Nadu.
3. Admission: Students must have secured admission under the merit category in government/government-aided/self-financing/autonomous colleges for the academic year 2024-25.
4. Family Income: The annual family income should be less than ₹3,00,000.

Special Consideration:

• Students who are dependents of martyred armed forces personnel or have speech, vision, or hearing impairments are also eligible.
• For dependents of martyred armed forces personnel, the income limit does not apply.

Federal Bank Scholarship Benefits

Selected candidates will receive the following benefits:

1. Fee Reimbursement:
   • 100% reimbursement of tuition fees and other educational expenses, as per the official college fee structure.
2. Device Reimbursement:
   • PC/Laptop: Up to ₹40,000 (one-time).
   • Tablet: Up to ₹30,000 (one-time).

The total reimbursement amount is limited to ₹1,00,000 per annum.

Documents Required

Applicants must upload the following documents during the application process:

• Passport-sized photograph (JPEG format, <500 KB).
• College Admission letter/memo.
• Course fee structure.
• Income certificate issued by government authorities.
• Nativity/Domicile certificate.
• Marksheets of qualifying examinations (Please note that Qualifying Examination is 12th Standard in case of Under Graduate Course applicants and Under Graduation in the case of MBA Applicants)
• ID card of student and address proof of both student and parent.
• Medical certificate (for physically challenged students).
• For MBA applicants: University instructions for converting CGPA/Grade into percentage.
• For dependant students of Martyred Armed Forces Personnel who lost their life while serving the Nation, evidence showing the same needs to be submitted.

Note:

• All documents must be in PDF format and less than 300 KB in size.
• A certificate from a Medical Officer is mandatory for speech, hearing, or vision-impaired applicants.

How to Apply for Federal Bank Scholarship 2024-25

To apply for the Federal Bank Scholarship, please follow the step-by-step process below:

• First, visit https://scholarships.federalbank.co.in:6443/fedschlrshipportal/ and enter your mobile number, captcha, and click the login button. (Online Application link is given below)
• You will receive an OTP on your mobile number. Enter the OTP and click the “Verify” button.
• The scholarship terms and conditions will appear on the screen. Read them carefully, tick the declaration box, and click the “Submit” button.

• The online application form will open. Fill in all the requested details carefully, upload the required documents in the specified format, and submit your application.
• It is the responsibility of the student to ensure the correctness /genuineness of the details submitted in online application. students will be shortlisted based on the details submitted in online application and Federal Bank will not be held responsible for the same.
• Online Application for the scholarship once submitted is final.
• Once Shortlisted for interview, only those students attending the online interview will be considered for final selection process to award scholarship.

Terms and Conditions

• One seat per each discipline is reserved for physically challenged students.
• If no applications are received under the physically challenged category, these seats will be transferred to the general category.
• Only online applications will be accepted.
• Incomplete or duplicate applications will be rejected.
• The decision of Federal Bank/Foundation is final regarding the selection process.

Federal Bank Scholarship 2024-25 Last Date

The last to apply for the Federal Bank Scholarship for the academic year 2024-25 is 18th December 2024.

Contact Details

For any queries, applicants can contact:

The Federal Bank Ltd.
CSR Dept, 4th Floor, Federal Towers, Marine Drive, Ernakulam
Email: csr@federalbank.co.in
Phone: 0484-2201402

Important Links

For more Government and Private Scholarship updates, visit www.connectkarnataka.in regularly and view our active/open scholarships page for the latest available scholarships for Karnataka students, as well as updates on scholarship’s last date extensions (if any).