Kotak Shiksha Nidhi 2023: Apply Online, Benefits, Eligibility, Last Date

Many people got sick due to the COVID-19 novel coronavirus. Some of them recovered but some even died. Due to this many children lose their parents or many families lose their primary earning members of the family. Due to this people are facing financial crises. To support the education of students who belong to such families, Kotak Group Companies has launched the Kotak Shiksha Nidhi Scheme. Contenders may check the eligibility conditions to grab the benefits of the scheme. in this article, we elaborated on each and every aspect of the scheme like the application process, benefits, important dates, and many more. 

Kotak Shiksha Nidhi 2023

Kotak Shiksha Nidhi scheme is a collaborative CRS project on education & livelihood by the Kotak Group Companies for the students. The scheme is implemented by the Kotak Education Foundation. The scheme is beneficial for children who lost their parents or primary earning family members due to the COVID-19 virus spread. Beneficiaries will get monetary benefits to meet the educational expenses. Students who desire to grab the benefits under this scheme may apply by following a few easy steps as described in this article.

Kotak Shiksha Nidhi
Kotak Shiksha Nidhi

Kotak Shiksha Nidhi Scholarship Disbursement Started

The Kotak Mahindra group has recently announced the first two beneficiaries of the latest launched initiative Kotak Shiksha Nidhi under which financial assistance is provided to the students belonging to the covid affected families. Vanisha Pathak and Vanisha Pathak are the two siblings selected for financial assistance. The amount of money has been transferred to the Guardian’s bank account of the beneficiaries. The financial assistance provided to the students will cover school and college fees, library deposit, stationery & other relevant expenses payable to the school/college, including hostel lodging & boarding expenses.”

Overview Of Kotak Shiksha Nidhi

  • Name of the scheme: Kotak Shiksha Nidhi
  • Launched by: Kotak Group Companies
  • Implemented by: Kotak Education Foundation
  • Launched for: Students
  • Benefits: monetary
  • Mode of application: online
  • Official site: www.kotak.com

Important Dates

Online Application form Submission Started on- 20 September, 2021

Last date to Submut Online Application Form- 31 March, 2022.

Kotak Shiksha Nidhi Benefits

Beneficiaries who grab the opportunity of the scholarship will get financial assistance for school & college fees, library deposit, stationery, and other continuation of education relevant expenses payable to the school/college, hostel lodging & boarding expenses. International boards such as IGCSE, IB, etc. expenses are excluded. Kotak Shiksha Nidhi scheme has been funded by the following Kotak Group of Companies

  • Kotak Mahindra Asset Management Company Limited (KMAMC) 
  • Kotak Mahindra Capital Company Limited (KMCCL)
  • Kotak Mahindra Investments Limited (KMIL)
  • Kotak Mahindra Prime Limited (KMPL)
  • Kotak Mahindra Trustee Company Limited (KMTCL) 
  • Kotak Infrastructure Debt Fund Limited (KIDFL) 
  • Kotak Investment Advisors Limited (KIAL)
  • Kotak Securities Limited (KSL)

Other Scholarships for Covid Affected Families

Eligibility Criteria

  • Students studying in schools and colleges across India, fall under any of the following categories can apply:
    • Loss of both parents due to COVID-19
    • Loss of one of the parents due to COVID-19
    • Primary earning member loss of the family other than parent due to COVID-19
  • Applicants must be a student of 1st standard up to Diploma or Graduation.
Documents Required
  • For applicants under 18 years: Minor applicant’s Aadhaar Card along with any of the following identity proof of the parent/guardian
    • Aadhaar Card, 
    • Voter Identity Card, 
    • Driving License, 
    • PAN Card
  • For applicants over 18 years: Applicant’s identity proof
    • Aadhaar Card, 
    • Voter Identity Card, 
    • Driving License, 
    • PAN Card.
  • Current academic year admission proof such as
    • Fee Receipt
    • Bonafide Letter
    • Institution Id Card
    • Admission Letter 
    • Mark Sheet of previous class grade (optional)
  • Death certificate of the primary earning member
  • Proof of death due to COVID-19 such as
    • Hospital Receipt, 
    • Doctor Prescription, 
    • COVID-19 Test Report,
    • Medical Bills for COVID-19 medication, 
    • Hospital Discharge Summary, Etc.
  • Reference from two persons who are aware of the family’s crisis such as
    • School teacher, 
    • doctor,
    • head of school, college, or a government officer, etc.
  • Bank account details of the applicant or the applicant’s parent or guardian
  • Passport-size photograph of the applicant and the guardian
Selection Procedure for Kotak Shiksha Nidhi
  • The selection of the candidates will be made at the discretion of Kotak Education Foundation. 
  • Selection of the applicants will be made on the basis of academics and valid proof of the loss of a parent/parents/primary earning member of the family due to COVID-19.

Application Procedure Kotak Shiksha Nidhi 2021

  • Appliers should go to the official website of the buddy4study
  • From where you have to go to the all-scholarships section and look over the Kotak Shiksha Nidhi
 Kotak Shiksha Nidhi
Kotak Shiksha Nidhi Official Website
  • Click on it and a new page will open from where you need to click on apply now option or directly click here 
  • Log in to the portal with your registered ID to open the ‘Application Form Page’ and if not registered with ‘Buddy4Study’ then register yourself first by clicking the Register option
  • To register you have to use your Email/Mobile/Facebook/Gmail account to get registered 
  • This will redirect you to the ‘Kotak Shiksha Nidhi’ application form page, choose the ‘Start Application button to begin the process 
  • Fill out the application form with the required details like
    • Name
    • Date of birth
    • Guardian name
    • Contact number
    • Email id 
    • Course details etc.
  • Upload relevant documents as listed above and accept the ‘Terms and Conditions and choose the ‘Preview’ button 
  • Check all the details you entered and click on the ‘Submit’ button to complete the application process 

Check Result

  • Appliers should go to the official website of the buddy4study
  • From where you have to go to the all-scholarships section and look over the Kotak Shiksha Nidhi
  • Click on it and a new page will open from where you need to click on the Check Result option
  • A new page will open on the screen.
  • Here you can check the details of all the beneficiaries selected for the scholarship program.
Check Result
Check Result
  • You can directly enter your mobile number or Email Id and date of birth and click on the search option to see whether you are selected or not.
Helpline
Phiroza ChoksiKotak Mahindra Group+91 98203 63681Phiroza.Choksi@kotak.com
Sakshi Denis+91 70454 74287Sakshi.Denis@kotak.com
Rakesh SharmaFortuna PR+91 98335 37679Rakesh@fortunapr.com
Himadri Buch+91 98203 46715Himadri@fortunapr.com
Points to Remember

Before applying for any scholarship program, the applicant must keep these points in mind.

  • Please check the eligibility before applying for any scholarship.
  • Do not wait for the last date to apply for this position.
  • Keep all your documents ready before applying for the scholarship.
  • Affix your recently created photograph on the scholarship application form.
  • Do not wait for the last date to apply for the scholarship.
  • Prefer using a laptop or a desktop for the Online submission of the scholarship application form.
  • You must have a valid and active mobile number and email id that will remain active for the upcoming days.
  • Avoid using mobile phones for Online submission of the scholarship programs.
  • Check all the details carefully before final submission.

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