Kotak Life Insurance Scholarship 2024, Get Rs 30,000, Check Eligibility, Apply Now

Kotak Life Insurance Scholarship 2024: The Kotak Life Insurance Scholarship is a prestigious scholarship program of Kotak Mahindra Life Insurance Company whose main objective is to financially help the domicile of Tamil Nadu and Maharashtra state’s commerce stream students through their Corporate Social Responsibility (CSR) initiative.

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Kotak Mahindra Life Insurance Company Limited (Kotak Life) is a 100% owned subsidiary of Kotak Mahindra Bank Limited (Kotak). Kotak Life provides world-class insurance products with high customer empathy. Its product suite leverages the combined prowess of protection and long-term savings.

Kotak Life Insurance Scholarship 2024 Overview:

Particulars   Details
Name of the Scholarship Kotak Life Insurance Scholarship Program 2024-25
Provider Name      Kotak Life Insurance Company Ltd.
Scholarship Type Merit and means
Award Up to INR 30,000 per year
Last Date to Apply* July 31, 2024
Application Mode Online through Buddy4Study portal
Academic Session 2024-2025

Eligibility Criteria:

  • Students from Tamil Nadu and Maharashtra state can participate in this scholarship program
  • Students enrolled in the first year of Commerce stream in 6 specified colleges in Maharashtra and Tamil Nadu are eligible.
  • Annual family income must be 3.6 lakhs or below.
  • Applicants must have passed class 10 and 12 with 65 % marks in their class.
  • Academic year of class 12 must be 2022 and 2023 session

Award Details

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

Selection Process:

  • 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.

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Documents Required:

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.

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Application Process:

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 2023-24’ 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.

Apply Now

Contact Details

In case one has any queries related to this scholarship program, its eligibility, the application process, award details, or the selection process, one is requested to connect through the email ID given below – 

Email: [email protected]

Homepage – NSP Scholarship 2024

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