In a commendable initiative, HDFC Bank Ltd has introduced the HDFC Scholarship, a beacon of financial assistance for students pursuing UG and PG degrees or school-level studies.
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This annual scholarship, offering a generous amount of Rs. 75,000, aims to alleviate the financial burdens of students, fostering a conducive environment for quality education. The application window is open, with the deadline slated to be updated soon.
HDFC Scholarship 2023
Name Of The Scholarship: HDFC Scholarship
Known As: Educational Crisis Scholarship (ECS)
Launched By: HDFC Bank Ltd
Delegated Ministry: Ministry of Electronics & Information Technology
Objective: Provide scholarships for further studies
Benefit: Students will be able to get paid their fees
Applicable to: Citizens of India
Beneficiaries: Students
Mode of Transfer: DBT
Payment Mechanism: PFMS
Eligible Classes: Class 6th to Class 12th
Eligible Courses: Professional Course & Non-Professional Course
Eligible Degrees: BA, MCom, BCom, BBA, BTech, BCA, MBBS, MCA & MTech
Scholarship Types: Need-Based & Merit-Based
Form of Benefit: Scholarship Amount
Amount of Benefit: Variable Scholarship Amount
Transferrable Type: Yearly Basis
Host Site: NIC (National Information Centre)
Mode of Application: Online
Last Date To Apply Online: Will be updated soon
YouTube Channel: HDFC Bank
Helpline Number: 18002026161/18602676161
Official Website: www.hdfcbank.com
Objectives of HDFC Scholarship
Empowering EWS Students: The primary objective of launching the HDFC Scholarship is to empower economically weaker section (EWS) students. By providing variable scholarship amounts, this initiative aspires to inspire students to meet their educational expenses for classes or courses at accredited universities.
Diverse Scholarship Initiatives: Another key objective is to cover a spectrum of 6 different scholarships catering to various beneficiary categories. Scholarships, ranging from Rs. 35,000 to Rs. 75,000, are disbursed based on both need and merit-based parameters.
Covered Scholarships Under HDFC Scholarship
- HDFC Bank Parivartan’s ECS Scholarship in School Programme (Merit-Cum-Means Based)
- Beneficiaries: Students of classes 6th to 12th
- Amount of Benefit: Rs. 35,000/-
- HDFC Bank Parivartan’s ECS Scholarship Beyond School Programme (Merit-Cum-Means Based)
- Beneficiaries: Students pursuing non-professional courses (BA, MCom, BCom)
- Amount of Benefit: Rs. 45,000/-
- HDFC Bank Parivartan’s ECS Scholarship Professional Education Programme (Merit-Cum-Means Based)
- Beneficiaries: Students pursuing professional courses (BBA, BTech, BCA, MBBS, MCA, MTech)
- Amount of Benefit: Rs. 75,000/-
- HDFC Bank Parivartan’s ECS Scholarship in School Programme (Need-Means Based)
- Beneficiaries: Students of classes 6th to 12th
- Amount of Benefit: Rs. 35,000/-
- HDFC Bank Parivartan’s ECS Scholarship Beyond School Programme (Need-Means Based)
- Beneficiaries: Students pursuing non-professional courses (BA, MCom, BCom)
- Amount of Benefit: Rs. 45,000/-
- HDFC Bank Parivartan’s ECS Scholarship Professional Education Programme (Need-Means Based)
- Beneficiaries: Students pursuing professional courses (BBA, BTech, BCA, MBBS, MCA, MTech)
- Amount of Benefit: Rs. 75,000/-
Scholarship Types
- Need-Based Scholarship
- Merit Cum Means-Based Scholarship
Selection Parameters
- Financial Stability
- Social Status
- Interview Performance
Covered Classes or Courses
- Class 6th to Class 12th
- Professional Course
- Non-Professional Course
Eligible Degrees
- BA, MCom, BCom, BBA, BTech, BCA, MBBS, MCA, MTech
Securing Minimum Marks Is Must
To be eligible, students must secure a minimum of 55% marks in the last year’s exam. This criterion is pivotal for scholarship preferences.
Prescribed Parental Annual Income
Students are required to meet the prescribed parental annual income of Rs. 2,50,000. Failure to meet this criterion will result in ineligibility for scholarship preferences.
HDFC Scholarship 2023 Last Date
The deadline for online applications is set for 31st December 2023. Timely registration is crucial to avoid server-hanging issues.
HDFC Bank Scholarship 2023-24 Application details
- Eligibility criteria must be adhered to before applying online.
- A valid mobile number and email ID are prerequisites.
- Application submission before the last date is imperative.
- Documents must be submitted in PDF format with the required size.
- Avoid using mobile phones for online applications.
- Thoroughly check and proofread the scholarship application form before submission.
Benefits of HDFC Scholarship
- Inspiring Higher Education: The scholarship encourages students to pursue higher studies by providing financial support.
- Inclusive Education: Both government and private school students can benefit from this initiative.
- Financial Assistance: Students pursuing BA, MCom, and BCom receive financial aid of Rs. 45,000.
- Annual Disbursement: The scholarship ensures annual disbursement, offering consistent support throughout the degree programs.
- Professional Course Support: Students in professional courses receive a substantial scholarship amount of Rs. 75,000.
- Merit and Need-Based Preferences: Both meritorious and need-based students are given preference.
- Performance Recognition: Students excelling in personality or interview tests stand a better chance of securing scholarships.
- Empowering Students: The scholarship empowers students to become self-reliant.
Features of HDFC Scholarship
- HDFC Bank Ltd spearheads the HDFC Scholarship.
- Also known as the Educational Crisis Scholarship (ECS).
- Encompasses 6 scholarships catering to pre and post-matric classes.
- Variable scholarships ranging from Rs. 35,000 to Rs. 75,000.
- Rs. 75,000 scholarship for students in classes 6th to 12th.
- Preferences for both need-based and merit-based students.
- Thorough understanding of important information is crucial before applying.
- Last date to apply online will be updated soon.
- For additional information, visit the official website.
HDFC Bank Scholarship Eligibility Criteria
- HDFC Bank Parivartan’s ECS Scholarship in School Programme (Merit-Cum-Means Based):
- Indian students pursuing classes 6th to 12th from government-recognized schools.
- Must secure 55% marks in the last year’s exam.
- Annual income of the student’s family must be Rs. 2,50,000.
- HDFC Bank Parivartan’s ECS Scholarship Beyond School Programme (Merit-Cum-Means Based):
- Students undertaking non-professional courses from accredited colleges or universities.
- Must secure 55% marks.
- Annual income of Rs. 2.50 lakhs.
- HDFC Bank Parivartan’s ECS Scholarship Professional Education Programme (Merit-Cum-Means Based):
- Students undertaking professional courses.
- Must secure 55% marks.
- Annual income of Rs. 2.50 lakhs.
- HDFC Bank Parivartan’s ECS Scholarship in School Programme (Need-Based):
- Students in private schools facing financial issues.
- Classes 6th to 12th.
- Must have faced financial issues in the past 3 years.
- HDFC Bank Parivartan’s ECS Scholarship Beyond School Programme (Need-Means Based):
- Students undertaking non-professional courses.
- Must have financial issues.
- HDFC Bank Parivartan’s ECS Scholarship Professional Education Programme (Need-Means Based):
- Students undertaking professional courses.
- Must have financial issues.
Important Documents
Ensure the submission of the following documents for online application:
- Aadhar Card
- Previous Year’s Marksheets
- Fee Receipt or Admission Proof
- Bonafide Certificate
- Bank Account Details
- Annual Income Certificate
- Affidavit
- Latest Passport Size Photograph
- Email ID
- Mobile Number
How to Apply Online Under HDFC Scholarship
As the application procedure details are yet to be released, applicants are advised to:
- Visit the official website regularly.
- Await updates on the application process.
- Ensure timely registration once details are available.
Getting Contact Details
To get contact details:
- Visit the official website.
- Scroll down to the “Need Help” section at the bottom.
- Click on “Contact Us.”
Contact Information
For queries, reach out to the helpline number: 18002026161/18602676161.
Expert Comment
“Investing in education is an investment in the future. The HDFC Scholarship serves as a crucial step in making education accessible and empowering students. It not only provides financial support but also recognizes and encourages academic excellence. This initiative reflects HDFC Bank’s commitment to fostering education for all,”
Note: The last date for online form submission and additional details will be updated soon. Stay informed for the latest updates.
