To serve the corporate social responsibility objective a lot of companies implement various kinds of schemes for the betterment of society. Keeping this in mind the Kotak Life Insurance Company Limited has launched the scholarship. Under this scholarship, the company will provide financial assistance for the higher education. This article will cover complete information regarding Kotak Life Insurance Scholarship 2023. You will get to know how you will be able to apply under the scheme. Other than that you will also get to know about other important aspects like its objective, benefits, features, eligibility, required documents, application procedure, etc
What is Kotak Life Insurance Scholarship 2023?
The Kotak Life Insurance Company Limited has launched the Kotak Life Insurance Scholarship in order to provide financial assistance to students from Tamil Nadu and Maharashtra. Under the scheme, the company will provide scholarships up to Rs 30000 per year to pay for the academic expenses for higher education. Students studying in the first year of the b.com course at 6 specified colleges will be eligible to receive benefit of this scheme. The benefit of this scheme will be provided for a period of 3 years. Now students will not be required to depend on anyone in order to finance their education as Kotak Life Insurance Company is going to provide them financial assistance. This scheme will improve the literacy ratio of the state. Other than that the standard of living of the beneficiaries will also be improved
Also Read: Tamil Nadu Scholarship
Objective of Kotak Life Insurance Scholarship
- The main objective of Kotak Life Insurance Scholarship is to provide financial assistance for the higher education
- The company is going to provide financial assistance of Rs 30000 per year for 3 years
- So that students will not be required to depend on anyone in order to finance their education
- This scheme will provide access to education which will help in getting employment
Key Highlights of Kotak Life Insurance Scholarship
| Name of the scheme | Kotak Life Insurance Scholarship |
| Launched by | Kotak Life insurance company limited |
| Beneficiary | Citizens of Tamil Nadu and Maharashtra |
| Objective | To provide scholarship |
| Official website | Kotak Life |
| Year | 2023 |
Required 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/canceled cheque)
- Recent passport-size photograph
Benefits of Kotak Life Insurance Scholarship
- The scholarship has been launched by Kotak Insurance Limited
- Under the scholarship scheme, financial assistance will be provided to the students who are from Tamil Nadu and Maharashtra
- Students studying in 6 notified colleges will be eligible to take benefit of this scheme
- The company is going to provide financial assistance of Rs 30000 to the students
- Now students will not be required to depend on anyone in order to finance their education
- The annual family income of the student should not exceed Rs 360000
- The financial assistance will be provided for a period of 3 years
Also Check: Tamil Nadu Naan Mudhalvan Scheme
Important Dates
- Application starting date- to be launched soon
- Last date to apply- 17th December 2023
Reward Details
- Applicant will be eligible to get Rs 30000 for a period of 3 years in order to cover the academic expenses
Eligibility Criteria
- Applicant must be a resident of Tamil Nadu and Maharashtra
- The application should be enrolled in the first year b.com program in any of the specified colleges
- A. Veeriya Memorial Sri Pushpam College (Thanjavur, Tamil Nadu)
- Nadar Mahajana Sangam S. Vellaichamy Nadar College (Madurai, Tamil Nadu)
- Edayathangudy G.S. Pillay Arts and Science College (Nagapattinam, Tamil Nadu)
- Jai Hind Sindhu Education Trust’s Manghanmal Udharam College of Commerce (Pune, Maharashtra)
- Gokhale Education Society’s B.Y.K. (Sinnar) College of Commerce (Nashik, Maharashtra)
- LRD and SRP College for Women (Nagpur, Maharashtra)
- The applicant must have secured at least 65% marks or more in class 10 or 12th
- The applicant should have passed class 12 in the year 2022-23
- The annual family income of the applicant should not exceed RS 3,60,000
Also Read: Maharashtra Scholarship
How to Apply Kotak Life Insurance Scholarship Online 2023
- First of all, you have to go to the https://www.buddy4study.com/page/kotak-life-insurance-scholarship-program of buddy for study
- Now a new page will appear on your screen
- On the page, you have to click on the Apply now option
- After that, you have to log in with your mobile number or email id
- After that application form will appear on your screen
- You have to fill in all the required details in the application form
- Now you have to upload all the required documents
- After that, you have to click on submit
- By following this procedure you can apply for the scholarship
Kotak Life Insurance Scholarship 2023 FAQs
The scholarship has been launched by Kotak Insurance Limited. Under the scholarship financial assistance will be provided to the students
The applicant will be eligible to get financial assistance of Rs 30000 per year. This financial assistance will be provided for a period of 3 years
Yes, there is an income limit to get the benefits of this scheme. The annual family income of the applicant should not exceed RS 3,60,000
Not only students from Tamil Nadu and Maharashtra belonging to 6 notified colleges will be eligible to get the benefit of this scheme