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Kanika Goyal

Updated on 01st July, 2024 , 4 min read

Kotak Kanya Scholarship 2024

Kotak Kanya Scholarship

The Kotak Kanya scholarship is a flagship program of the Kotak Education Foundation, which has been working as an organization offering scholarships to female students from minority communities. Girl students seeking college admissions can apply for this scholarship program. The program will enable them to get admission to colleges of their choice despite their financial struggles

Under Kotak Kanya Scholarship 2023, girl students who have passed Class 12 and aspire to pursue professional graduation courses (including Engineering, MBBS, Architecture, Design, integrated LLB, etc) from institutes of repute (NAAC/NIRF accredited) will be provided scholarship of  Rs. 1.5 lakh* per year to pay their educational expenses till the completion of their graduation (degree).

Kotak Kanya Scholarship Overview

This scholarship program will be beneficial for people who are seeking professional degrees. Mentorship support along with financial assistance will be provided to the beneficiaries, which will help them to be successful in their careers. English training and academic support for holistic development will be provided to the beneficiaries. To know more about the Kotak Kanya Scholarship 2023 students can check out the information given below and apply for the scholarship before the last date to be eligible.

Kotak Kanya Scholarship Overview

 

Feature

Description

Offered By

Kotak Mahindra Foundation

Target Audience

Underprivileged girls pursuing undergraduate degrees in India

Field of Study

Any stream offered by recognized universities in India

Award Amount

Covers academic expenses and hostel fees

Application Process

Online application through the Kotak  Education Foundation website

Selection Basis

Academic merit and family income

Purpose

Empower underprivileged girls to complete their 

 

Kotak Kanya Scholarship Important Dates

Kotak Kanya scholarship is only available for female students in India. The program will be seeking applications from students who have scored more than 85% in their class 12 board exams. Students who are in need of financial assistance will be eligible to apply for the scholarship. The detailed eligibility criteria for the scholarship are mentioned on the official website of Kotak Mahindra Bank which is to be followed by the students accordingly.

Any student who fails to follow the eligibility criteria will not be considered for the benefits. When the students are filling out the application form, it is their responsibility to check the eligibility criteria and apply for it accordingly. 

 

 

Event

Date

Release of Scholarship Notice

June 1, 2024

Start of Application Process

June 15, 2024

Last Date for Application Submission

August 31, 2024

Verification of Applications

September 1 – September 30, 2024

Announcement of Selected Candidates

October 15, 2024

Disbursement of Scholarship Funds

November 1, 2024

 

Kotak Kanya Scholarship 2024 - Eligibility

There is a detailed eligibility criteria present on the official website of Kotak Education Foundation to be followed by the students when applying for the Kotak Kanya scholarship. If you are one of the applicants then you can check out the major details related to the eligibility from the pointers given below to be considered accordingly:

  • The scholarship is only open to female students across India.
  • Scholarship is only open for students who have scored more than 85% marks and their class 12 board exam.'
  • The annual family income of the applicant must be less than Rs 6 lakh.
  • Students must have secured admission to first-year graduation programs in the Academic Year 2024 from the institute of repute (NIRF/NAAC accredited) for professional graduation courses like Engineering I MBBS I Integrated LLB (5 years) or other professional courses (Design, Architecture, etc.)
  • Children of employees of Kotak Mahindra Group, Kotak Education Foundation are eligible to apply for the Kotak Kanya Scholarship 2024.

Kotak Kanya Scholarship - Documents Required

There is a list of documents that you need to follow when filling out the application form. Students will have to verify all the information that they have submitted in the application form through the means of the documents. All of your documents must be original and you must upload the documents according to the document requirements. Check the list of documents from the pointers given below:

  • Mark sheet of previous qualifying examination (Class 12)
  • Income proof of parents/guardians
  • ITR of parents for FY 2023-24 (if available)
  • Fee structure (for academic year 2024-25)
  • Bonafide student certificate/letter from college
  • College seat allocation document
  • College Entrance Examination Scorecard
  • Aadhaar card
  • Bank passbook
  • A passport-size photograph
  • Disability certificate (if applicable)
  • Death certificate of parent (for single parent/orphan candidates)

Kotak Kanya Scholarship Amount

Component

Amount

Annual Scholarship

Up to Rs. 1,00,000 per year

Duration

Till the completion of the degree program

Usage

Tuition fees, accommodation, study materials, etc.

 

Kotak Kanya Scholarship Selection Process

Stage

Description

Initial Shortlisting

Applications are screened based on the eligibility criteria (refer to separate table). This involves factors like academic performance (minimum marks in Class 12), financial need (family income), and  educational background (chosen program and university).

Document Verification

Shortlisted candidates will be required to submit scanned copies of documents for verification (refer to separate table) to validate the information provided in the application form.

Telephonic Interviews (if applicable)

In some years, shortlisted candidates might be called for telephonic interviews to assess their communication skills, motivation, and educational goals.

Final Selection

The final selection of scholarship recipients is made by the Kotak educational Foundation based on a comprehensive review of academic merit, financial need, and (potentially) the telephonic interview performance.

Scholarship Award

Selected candidates will be notified by the Kotak  educational Foundation and the scholarship amount will be disbursed directly to their bank accounts.

 

 

Kotak Kanya Scholarship - Benefits

Financial benefits along with academic support will be provided to the students. Check out the details regarding the benefits of Kotak Kanya Scholarship scholarship 2024 from the pointers given below:

  • Scholarships of Rs. 1.5 Lakh per year will be given to the beneficiaries till the completion of their professional degree courses. 
  • Mentorship programs and other career opportunities will be provided to the students.

 

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Frequently Asked Questions

How to renew the Kotak Kanya Scholarship 2024?

Kotak Kanya Scholarship 2024 will be renewed according to the decision of the Kotak Education Foundation. The scholarship will be renewed automatically. Students must follow basic eligibility criteria throughout the duration of the scholarship in order to be eligible.

How will I get my Kotak Kanya Scholarship 2024 fund?

The Kotak Kanya Scholarship amount will be transferred on an annual basis to the bank account of the beneficiaries. If the student is a minor at the time of the selection of this scholarship then the parents' bank account will be credited. When the student turns 18 years old, the scholarship will be transferred to her account.

How do I get selected for the Kotak Kanya Scholarship 2024?

Students will be selected for the Kotak Kanya Scholarship 2024 based on the eligibility criteria. The selection procedure will include initial shortlisting based on academic merit and financial background. Then the top performing students will appear for two rounds of interviews and the final selection will be done accordingly.

Who can apply for Kotak Kanya Scholarship?

Students who are SC/ST/BC/EBC/Minority eligible and who are permanent residents of the Kotak Kanya Scholarship are the main recipients of . Additionally, there are income restrictions that change depending on the scholarship program.

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