About the Program
The Kotak Kanya Scholarship is a CSR initiative by the Kotak Mahindra Group companies in collaboration with the Kotak Education Foundation, aimed at supporting education and livelihoods for economically disadvantaged communities. This scholarship provides financial aid to deserving girl students from low-income families, enabling them to pursue higher education in professional courses after Class 12.
For the academic year 2024-25, the Kotak Kanya Scholarship will offer financial assistance to girl students who have passed Class 12 and wish to enroll in professional graduation programs such as Engineering, MBBS, BDS, Integrated LLB (5 years), B. Pharmacy, B.Sc. Nursing, Integrated BS-MS/BS-Research in ISER, IISC (Bangalore), or other reputed courses like Design and Architecture. Eligible students will receive a scholarship of INR 1.5 lakh* per year to cover their educational expenses until graduation.
*Disclaimer: Terms and conditions apply. Scholarship selection and the amount are subject to eligibility criteria and the discretion of the Kotak Education Foundation.
About Kotak Mahindra Group
Founded in 1985, Kotak Mahindra Group is one of India’s leading financial services conglomerates. In 2003, Kotak Mahindra Finance Limited, the Group’s flagship company, became the first non-banking finance company in India to convert into a bank, now known as Kotak Mahindra Bank Limited (KMBL), after receiving a banking license from the Reserve Bank of India.
Kotak Mahindra Group offers a comprehensive range of financial services, including commercial banking, stockbroking, mutual funds, insurance, and investment banking, catering to the diverse needs of individuals and businesses. The Group’s business model is centered around providing diversified financial services in India, with a strong commitment to financial inclusion, offering products and services tailored to the unbanked and underbanked populations.
With a global presence through subsidiaries in the UK, USA, Gulf Region, Singapore, and Mauritius, Kotak Mahindra Group has offices in major cities such as London, New York, Dubai, Abu Dhabi, Singapore, and Mauritius. As of March 31, 2024, Kotak Mahindra Bank Limited has a national footprint of 1,948 branches and 3,291 ATMs (including cash recyclers), with branches in GIFT City and DIFC (Dubai).
About Kotak Education Foundation
For over sixteen years, the Kotak Education Foundation (KEF) has been dedicated to empowering children and youth from economically disadvantaged backgrounds by providing education and foundational skills, guiding them towards a brighter future. KEF’s “Inch Wide Mile Deep” approach focuses on delivering quality education to low-income communities, resulting in successful projects across India.
KEF’s efforts are centered on three main areas:
- Holistic interventions in schools: Supporting children and educators.
- Equitable scholarships: Providing financial assistance for higher education.
- Vocational education and skills training: Enhancing livelihoods.
In Maharashtra, and partially in Gujarat, KEF’s key initiatives include strengthening school leadership, building teacher capacity, creating digital ecosystems in schools, enhancing middle school students’ confidence and English communication skills, and upskilling teachers in foundational literacy and numeracy. KEF also assists districts in establishing and running model schools.
Launched in 2021, the Kotak Kanya Scholarship provides financial and academic support to meritorious girl students across India for higher education. The Kotak Junior Scholarship supports high-performing students in the Mumbai Metropolitan Region pursuing 11th and 12th grades. Additionally, the Unnati project equips unemployed youth from economically weaker sections with basic IT skills, spoken English, life skills, and personality development, ensuring placements for eligible participants.
As KEF looks to the future, it is preparing to expand its impact, shifting its focus from individual schools to district and state-level education transformation. With a wealth of experience, KEF aims to drive systemic reforms that will create lasting change on a larger scale.
Kotak Education Foundation serves as the primary implementing agency for Kotak Mahindra Group’s CSR initiatives in education. The Kotak Karma brand represents the Group’s commitment to corporate social responsibility.
