Kotak Suraksha Scholarship Program 2024-25 (Phase 2): Application Process, Eligibility, Scholarship Amount and more

In a groundbreaking initiative, Kotak Securities has launched the Kotak Suraksha Scholarship Program, dedicated to supporting students with disabilities (PwD) across India. Backed by Kotak Mahindra Bank Limited, this program aims to remove the financial barriers preventing PwD students from achieving their academic goals. Through financial assistance and a focus on inclusivity, Kotak Securities is helping pave the way for a brighter future for these deserving students.

Kotak's Commitment to Inclusive Education

Since its establishment in 1985 by Uday Kotak, Kotak Mahindra Bank has not only become one of India's largest private-sector banks but also a leading proponent of social responsibility. The launch of the Kotak Suraksha Scholarship Program marks a new chapter in the bank's ongoing mission to promote educational equality. By providing financial support to students with disabilities, the program enables them to overcome challenges and pursue higher education without financial hindrances.

Aims and Objectives of the Scholarship Program

Eligibility: Open to students from Classes 9 to 12 and those pursuing undergraduate studies.

Coverage:

Tuition fees
Accommodation expenses
Meals
Books and stationery
Other necessary resources for disability support

Purpose: To assist students with disabilities by easing financial burdens and supporting their educational journey.

Eligibility Criteria

To be eligible for this scholarship, students must meet the following criteria:

Academic: Students must have secured at least 55% marks in the previous academic year.

Income: The annual family income should not exceed INR 3,20,000.

Course: The scholarship is open to students pursuing both general and professional graduation courses.

Scholarship Amount

For school students (Classes 9-12), the scholarship provides up to INR 50,000 per year.
For undergraduate students, the scholarship offers up to INR 1,00,000 annually.

This substantial financial aid helps cover essential academic expenses and provides students with the resources they need to excel in their studies.

Application Process: Simple and Transparent

Applying for the Kotak Suraksha Scholarship is straightforward process. Interested candidates can follow these steps:

Go to the official websiteComplete the application form, providing details such as personal information, academic records, and financial status.
Upload required documents, including:
Proof of identity (e.g., Aadhaar card)
Proof of admission to the current academic year
Recent academic mark sheets
Proof of family income
Bank account details of the applicant or their guardian

This streamlined online process ensures that students can apply from anywhere in India, making the scholarship accessible to a larger number of students with disabilities.

Deadline for Application

The last date for submitting applications is 23rd January 2025. Students who meet the eligibility criteria should ensure that they submit their applications on time to secure this valuable support.