Kotak Mahindra Life Insurance Scholarship Program 2024-25

What is Kotak Life Insurance Scholarship Program?

Kotak Life Insurance Scholarship Program 2024-25 is sponsored by Kotak Mahindra Life Insurance Company Ltd. Only students who are residents of Tamil Nadu and Maharashtra are eligible for the scholarship. Under this scholarship program, students from Tamil Nadu and Maharashtra who are currently studying in the first year of a B.Com. course at eight specified colleges will receive a scholarship of up to INR 30,000 per year to cover their academic expenses. Last Date of Scholarship is 31st July 2024.

Eligibility of Kotak Life Insurance Scholarship

i. Open to students who are residents of Tamil Nadu and Maharashtra.

ii. Applicants must be enrolled in the first year of a B.Com. program at any of the eight specified colleges in Tamil Nadu and Maharashtra. The list of colleges is given below
** A. Veeriya Memorial Sri Pushpam College (Thanjavur, Tamil Nadu)
** Nadar Mahajana Sangam S. Vellaichamy Nadar College (Madurai, Tamil Nadu)
** Edayathangudy G.S. Pillay Arts and Science College (Nagapattinam, Tamil Nadu)
** Jai Hind Sindhu Education Trust’s Manghanmal Udharam College of Commerce (Pune, Maharashtra)
** Gokhale Education Society’s B.Y.K. (Sinnar) College of Commerce (Nashik, Maharashtra)
** LRD and SRP College for Women (Nagpur, Maharashtra)
** Vysya Arts and Science College (Salem, Tamil Nadu)
** Dharmapuram Adhinam Arts College (Mayiladuthurai, Tamil Nadu)

iii. Applicants must have scored 65% marks or more in Classes 10 and 12.
iv. Applicants must have passed Class 12 in the year 2023–24.
v. The applicant’s annual family income must be INR 3,60,000 or less.

Note: Children of employees of Kotak Mahindra Life Insurance Company Limited and Buddy4Study are not eligible to apply.

Benefits of Kotak Life Insurance Scholarship

Up to INR 30,000 per year for three years to cover the academic expenses

Documents Required for Kotak Life Insurance Scholarship

The applicants are required to attach the following documents:
** Classes 10 and 12 mark sheets and passing certificates
** A government-issued identity proof (Aadhaar card/ voter ID card/driving license/PAN card)
** Current year admission proof (fee receipt/admission letter)
** Student ID card or bonafide certificate issued by the institution
** Income proof (Form 16A, income certificate from government authority, salary slips, etc.)
** Bank account details of the applicant (Bank passbook/cancelled cheque)
** Recent passport-size photograph

How to Apply for Kotak Life Insurance Scholarship?

** Click the ‘Apply Now’ button below.
** Login to Buddy4Study with your registered ID and land on the ‘Application Form Page’.
** If not registered, register at Buddy4Study with your email/mobile number/Gmail account.
** You will now be redirected to the ‘Kotak Life Insurance Scholarship Program 2024-25’ application form page.
** 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’.
** If all the details filled in by the applicant are correctly showing on the preview screen, click on the ‘Submit’ button to complete the application process.

Selection Process of Kotak Life Insurance Scholarship

The selection of scholars for the ‘Kotak Life Insurance Scholarship Program 2024-25’ will be based on the academic merit and financial background of the applicants.
It involves a multi-stage process, as detailed below:
** Initial shortlisting of applications based on the eligibility criteria specified
** Document verification
** Telephonic interview of shortlisted candidates post document verification
** The final selection and awarding of the scholarship will be at the discretion of Kotak Life Insurance Company Limited

What is the Last Date of Kotak Life Insurance Scholarship?

Last Date of Kotak Life Insurance Scholarship Program 2024-25 is 31st July 2024.

Author : Admin