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IDFC FIRST Bank MBA Scholarship 2026 to 28, Apply Now

Master's degree aspirants for 2025 would benefit from the IDFC FIRST Bank MBA Scholarship Program 2026-28 to lessen the pressure of student loans. The scholarship provides 2 lakh in assistance per year for the duration of two years to first-time MBA students from families with an annual income of 6 lakh. Eligible applications will be accepted until July 8, 2026.

By : Abhishek 2026-07-01 17:31:52

IDFC FIRST Bank MBA Scholarship 2026-28 for 1st Year MBA Students

The IDFC FIRST Bank MBA Scholarship Program 2026-28 has been established to help financially disadvantaged students who are enrolled in full-time management programs in India. The program offers selected students an award of ₹2 lakh, distributed as ₹1 lakh for each academic year. Applications for the scholarship program are open now, and eligible students can apply till July 8, 2026.

The IDFC FIRST Bank MBA Scholarship Program 2026-28 focuses on ensuring that talented students do not have to discontinue their MBA studies due to a lack of financial resources. The program is available to students who are enrolled in selected MBA institutions as per the list of eligible institutions provided in the scholarship program. Students who meet the required academic, financial, and institutional criteria are encouraged to apply far in advance of the deadline.

 

Who Can Apply for the IDFC FIRST Bank MBA Scholarship 2026-28?

IDFC FIRST Bank MBA Scholarship Program 2026-28 is open to Indian nationals completing the first year of a two-year full-time MBA or equivalent program for the 2026 academic session. Indian nationals residing in India and studying at one of the MBA colleges listed under the scholarship program can apply for the scholarship. Students studying in colleges not approved by the scholarship program will be automatically excluded from the scholarship.

To be eligible for the scholarship, the applicant's family income should be ₹6 lakh or below. The applicant should have a mobile phone linked to their Aadhaar. Students should check the eligibility criteria before they apply to avoid scholarship rejection.

Eligibility Criteria

  • Indian citizen and resident of India
  • First year of a two-year full-time MBA or equivalent program
  • MBA college approved by the scholarship
  • Family annual income of ₹6 lakh or below
  • Mobile phone linked to Aadhaar is mandatory

 

What Will Happy Recipients Enjoy?

The IDFC FIRST Bank MBA Scholarship Program supports selected students with a total scholarship of ₹ 2,00,000 during their MBA studies. The financial assistance, as per the terms of the scholarship, shall be disbursed in two equal installments of ₹ 1,00,000 per year. The financial support is designed for students to venture through the management program without the strain of financial stress and to assist with the payment of the tuition.

The scholarship aims to support students from economically challenged families. With the growing cost of management education, there is a greater need for access to higher-quality education, and the scholarship helps students focus on their studies and professional development.

 

When is the Application Deadline?

For the IDFC FIRST Bank MBA Scholarship Program 2026-28, the last date to submit an application is July 8, 2026. Eligible students are encouraged to apply as early as possible. Because of the heavy load on scholarship portals due to a rush of last-minute applications, early submission of the application reduces the risk of encountering submission issues.

 

How Can Students Submit the Application?

The application process for the IDFC FIRST Bank MBA Scholarship Program 2026-28 is 100% online, and applications must be submitted through the official scholarship portal before the application deadline.

Application Mode: Online only

Students must have the following documents before they can start the application process.

  • Proof of MBA admission
  • Aadhaar-linked mobile number
  • Family income certificate
  • Proof of identity
  • Proof of education
  • Bank account details
  • Any other necessary documents to support the application?

The applicants must ensure that all the details furnished in the application are correct so that the verification process is completed without any hassles.

 

IDFC FIRST Bank MBA Scholarship 2026-28 at a Glance

Particular

Details

Scholarship Name

IDFC FIRST Bank MBA Scholarship Program 2026-28

Offered By

IDFC FIRST Bank

Eligibility

First-year full-time MBA students in eligible colleges with annual family income up to ₹6 lakh

Scholarship Benefit

₹2 lakh over two years (₹1 lakh per year)

Application Mode

Online

Last Date

July 8, 2026

Eligible Students

Indian nationals pursuing an MBA in approved institutions

 

 

Conclusion

The IDFC FIRST Bank MBA Scholarship Program 2026-28 aims to make access to MBA education secure for gifted and deserving students. The program addresses the concern of finance for students pursuing postgraduate management education. Interested aspiring students satisfying the program's eligibility requirements are required to submit their online application by July 8, 2026. Candidates are also required to submit the application with all the required documents uploaded.

 

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