Application Invited for Kotak Junior Scholarship 2024-25

Kotak Junior Scholarship Program 2024-25 is an initiative of Kotak Education Foundation (KEF),  the CSR implementing agency of Kotak Mahindra Group. This transformative scholarship program has been designed to provide invaluable financial assistance and support to deserving students who have successfully completed their 10th grade from SSC/CBSE/ICSE boards within the Mumbai Metropolitan Region (MMR). 

Selected students will receive a scholarship of INR 3,500 per month throughout Class 11 and Class 12, totaling INR 73,500 for 21 months. They will also receive benefits through mentorship support, academic assistance, career guidance, and exposure visits to broaden their horizons and enhance their learning experiences.

Under the CSR initiative on Education & Livelihood by the Kotak Mahindra Group Companies, Kotak Education Foundation invites applications for Kotak Junior Scholarship 2024-25 from Class 10 passed students within the Mumbai Metropolitan Region.

Eligibility:Applicants must have obtained over 85% marks in their Class 10 board examination (SSC/CBSE/ICSE) in 2024.  They must have secured admission in Class 11 at junior colleges/schools for Arts, Commerce or Science streams in the Mumbai Metropolitan Region (MMR) for the academic year 2024-25. The annual family income of applicants must be INR 3,20,000 or below.  Students must reside within the Mumbai Metropolitan Region (MMR).
Prizes & Rewards:Scholarship of INR 3,500 per month along with mentorship support, academic assistance, career guidance, and exposure visits.
Last Date to Apply:15-07-2024
Application mode:Online applications only

Visit Here to 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.

Kotak Mahindra Group has a global presence through its subsidiaries in UK, USA, Gulf Region, Singapore and Mauritius with offices in London, New York, Dubai, Abu Dhabi, Singapore and Mauritius respectively. As on 31st March, 2024 , Kotak Mahindra Bank Ltd has a national footprint of 1,948 branches and 3,291 ATMs (incl. cash recyclers), and branches in GIFT City and DIFC (Dubai).

For more information, please visit the Company’s website at https://www.kotak.com

 About Kotak Education Foundation

The establishment of the Kotak Education Foundation (KEF) on January 14, 2007, marked a significant milestone in its mission to combat urban poverty by focusing on education and livelihood initiatives. KEF operates in economically disadvantaged areas of Mumbai, including the Deonar, Govandi Chembur, Kurla, and Dharavi slums. 

Its core objective is to empower children and young individuals from underprivileged families through a range of educational programs and vocational skills training initiatives. The ultimate goal is to equip them with employable skills and enable them to lead a life of dignity.

KEF’s scholarship program caters to meritorious students, offering not only financial assistance but also mentoring and coaching sessions. This comprehensive support aims to guide students who have completed their 10th grade to successfully complete their 12th grade and pursue higher education. 

Additionally, KEF extends its assistance to school dropouts, providing them with the necessary resources to transcend the poverty line through skill development and livelihood programs.

Working in collaboration with over 140 schools, KEF actively serves a staggering number of individuals. This includes more than 1,500 teachers and approximately one lakh students, showcasing the substantial impact of their educational initiatives

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