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.
Interested students who are enrolled in B.Com category of first year commerce stream can apply for this Kotak Life Insurance Scholarship Program 2023-24 session. Online application for Kotak Life Insurance Scholarship Program has started and the last date to apply is 17th December 2023. Interested applicants can easily apply for this scholarship by going to the official portal of Buddy4Study Foundation. Priority for this scholarship is selected based on financial status and academic merit if the Kotak life insurance scholarship is approved, the students will get 30,000 (Rs) per year.
Kotak Life Insurance Scholarship 2023-24
Kotak Live Insurance Scholarship is a significant scholarship program for students from Tamil Nadu and Maharashtra. To support their education affordability Kotak Life Insurance Scholarship is playing an important role in enhancing the process of education system and through this scholarship deserving students will be able to advance their education journey very easily.
Through this remarkable initiative of Kotak Life Insurance Company, students admitted to undergraduate courses in commerce stream will get Rs 30,000 per year as financial assistant. Interested applicants if they have passed with 65% marks or more in class 10th and 12th in session 2022-23 and If their annual family income is equal to or below Rs 3.60 lakh, they can participate in the kotak life insurance scholarship Program by applying online through the Buddy4Study portal. The last apply date of this scholarship is 17th December 2023 so interested applicants can easily participate in this scholarship program before the last date.
Kotak Life Insurance Scholarship Overview
| Scholarship name | Kotak Life Insurance Scholarship |
| Authority | Kotak Life Insurance Company |
| Session | 2023-24 AY |
| Beneficiary | Students of Tamil Nadu and Maharashtra |
| Who can apply | 1st year B.com students |
| Annual family income | Equal or less than Rs 3.60 lakh |
| CSR aim | Enhancing education affordability |
| Eligible institutes | 6 |
| Scholarship amount (Rs) | up to 30,000 |
| Implemented by | buddy4study foundation |
| Apply mode | Online |
| Apply portal | buddy4study.com |
Kotak Life Insurance Scholarship Eligibility
- 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
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Kotak Life Insurance Scholarship apply online
The step by step process from registration to complete application submission in the Buddy for Study portal is described here.
Register as a new applicant
If you’re a new applicant, you’ve to visit buddy4study.com for the registration. Enter and verify your phone number and email to register at buddy4study portal.
Check Eligibility
After completing the registration process, you have to click on Apply now then Start Application and finally you have to check your eligibility by clicking on check eligibility.
Fill Personal details
After checking the eligibility, you have to enter your name, date of birth, category, parental status, whatsapp number, aadhaar card, annual family income in the student’s personal details part.
Enter permanent address
Now students have to enter address line, state, district, city or village and pin code as their permanent address. Then save and continue.
Fill Educational details
Then students have to fill the education part with their educational details such as their degree, course duration, class, institute type, present academic year and semester, institution name, mode of learning, annual fee, and passing year.
Family Member‘s details
Then students have to add the information of their family member such as the income of the family member, family member name, his mobile number, his annual income, his relationship with the applicant and his occupation, all this information should be given and saved.
Upload Required Documents
Then the students have to upload the documents, the documents must be in PDF or JPG format. In case of documents, the students have to upload the scanned copy of 10th class and 12th class mark sheet and pass certificate. They can also use Aadhaar card or voter card, driving license or PAN card as identity proof. As admission fee recipe certificate, income proof, bank account details such as scan copy of first page of passbook and passport size photo should be scanned and uploaded as a required documents.
Enter Bank details
Now enter bank details. Enter account holder name, account number, IFSC code as bank details should be filled with these details.
Tell About Yourself
Now you have to say something about yourself like what purpose you will use this scholarship amount if approved. Have you got any other government or private scholarship already or not? This type of information you have to provide in this part.
Submit the application
Finally preview from 1st step to last step of the application form and submit
Kotak Life Insurance Scholarship Benefits
Students will get up to Rs 30,000 per year so total up to Rs 90,000 for a 3 years commerce stream course.
Kotak Life Insurance Scholarship College list
| College name | State |
| A.V.V.M. Sri Pushpam College | Tamil Nadu |
| Nadar Mahajana Sangam S Vellaichamy Nadar College (NMSSVNC) | Tamil Nadu |
| EGSPASC | Tamil Nadu |
| M.U. College of Commerce | Maharashtra |
| B.Y.K. (Sinnar) College of Commerce | Maharashtra |
| LAD & Smt.R.P. College for Women | Maharashtra |
Kotak Life Insurance Scholarship Documents Required
- Scanned copy of 10th class and 12th class mark sheet with pass certificate.
- Aadhaar card, voter card, PAN card or driving license as identity proof.
- Admission fee recipe certificate
- Income proof certificate from government authority (Form 16A)
- Scan copy of bank passbook’s first page
- Passport size photo
Kotak Life Insurance Scholarship Important contact details
| Kotak Life Insurance Scholarship apply portal | buddy4study.com |
| Contact mail | info@buddy4study.com |
FAQ About Kotak Life Insurance Scholarship
What is the last date of Kotak Life Insurance Scholarship?
The last date to apply is 17th December 2023
Who can apply for Kotak Life Insurance Scholarship?
Students from Tamil Nadu and Maharastra state who are enrolled in the 1st year B.com course are eligible to apply.
What is the annual family income limit?
The annual income limit is equal to Rs 3.6 lakhs or below
Through which portal an applicant can apply?
Applicant can apply through buddy4study.com portal.
What is the buddy4study contact mail?
info@buddy4study.com