Federal Bank has launched a scholarship program to support higher education aimed at meritorious students pursuing studies in India and abroad. The initiative is designed to empower 275 deserving candidates with financial assistance, offering up to ₹7.5 lakhs for studies overseas and ₹3 lakhs for education within India.
The scholarship program targets Indian citizens who have demonstrated academic excellence, requiring a minimum of 80% marks in their previous academic year. This opportunity is open to many students, including those pursuing graduation, post-graduation, professional courses, and PhD programs across various disciplines.
Federal Bank aims to alleviate the financial burden on students and enable them to focus on their academic pursuits without the stress of funding challenges. By providing substantial financial support, the bank hopes to encourage talented individuals to reach their full potential, thereby contributing positively to society.
Interested candidates can submit their applications online through the Federal Bank website, with the deadline set for November 20, 2024. To complete the application process, students must provide essential documents such as mark sheets, proof of admission, and income certificates. The selection process will be rigorous, based on academic merit, financial need, and, if necessary, personal interviews to assess the candidates further.
This scholarship initiative reflects Federal Bank's commitment to education and community development. By investing in the future of young scholars, the bank supports individual aspirations and contributes to the overall growth of the nation’s educational landscape. The program aims to bridge the gap between ambition and opportunity, ensuring that financial constraints do not hinder deserving students from pursuing their dreams.