Kotak Life Insurance Scholarship Program 2024-25: Financial Support for B.Com Students in Tamil Nadu and Maharashtra

Introduction

The Kotak Life Insurance Scholarship Program 2024-25, initiated by Kotak Mahindra Life Insurance Company Ltd., aims to provide financial assistance to deserving students from Tamil Nadu and Maharashtra. This scholarship is designed to help students continue their higher education without the burden of financial constraints.

About the Program

This scholarship program is specifically for students who are currently enrolled in the first year of a B.Com. course at one of the eight specified colleges in Tamil Nadu and Maharashtra. The selected students will receive a scholarship of up to ₹30,000 per year, which will go towards covering their academic expenses.

Important Dates

• Last Date to Apply: August 31, 2024

Eligibility Criteria

To qualify for the Kotak Life Insurance Scholarship, applicants must meet the following criteria:

• Residency: Must be a resident of Tamil Nadu or Maharashtra.
• Academic Enrollment: Must be enrolled in the first year of a B.Com. program at one of the specified colleges.
• Academic Performance: Must have scored 65% or more in Classes 10 and 12.
• Income: The applicant’s annual family income must not exceed ₹3,60,000.
• Exclusions: Children of employees of Kotak Mahindra Life Insurance Company Limited and Buddy4Study are not eligible to apply.

Benefits

The scholarship offers up to ₹30,000 per year for three years, which can be used to cover academic expenses.

Required Documents

Applicants must submit the following documents:

• Mark sheets and passing certificates for Classes 10 and 12
• Government-issued identity proof (Aadhaar card, voter ID, driving license, or PAN card)
• Proof of current year admission (fee receipt or admission letter)
• Student ID card or bonafide certificate from the institution
• Income proof (Form 16A, income certificate, salary slips, etc.)
• Bank account details (bank passbook or canceled cheque)
• Recent passport-size photograph

How to Apply

To apply for the Kotak Life Insurance Scholarship Program 2024-25, follow these steps:

1. Click the ‘Apply Now’ button below.
2. Log in to Buddy4Study with your registered ID to access the application form page.
3. If not registered, create an account on Buddy4Study using your email, mobile number, or Gmail account.
4. Once registered, you will be redirected to the ‘Kotak Life Insurance Scholarship Program 2024-25’ application form page.
5. Click on the ‘Start Application’ button to begin.
6. Fill in all the required details in the online application form.
7. Upload the necessary documents.
8. Accept the ‘Terms and Conditions’ and click on ‘Preview’.
9. If all the information is correct, click on ‘Submit’ to complete your application.

Overview Table

Conclusion

The Kotak Life Insurance Scholarship Program 2024-25 is an excellent opportunity for B.Com students in Tamil Nadu and Maharashtra to receive financial assistance and pursue their academic goals without financial stress. If you meet the eligibility criteria, don’t miss this chance to secure your future. Apply now!