Canara Bank Scholarship

Canara Bank Scholarship

Pursuing higher education is essential for an individual’s growth as it provides you with more freedom in pursuing a career that inspires and interests you. In today’s times, when attaining quality education is becoming expensive, a wide range of banks offer various scholarships to students to cover their financial expenses. Canara Bank is one such bank that has etched its name in helping students work towards their career aspirations. If you are someone who is looking to pursue higher education in UGC colleges in India then, here is an insightful blog in which we will walk you through various aspects of the Canara Bank Scholarship program along with its eligibility requirements.

Highlights 

Organized By Canara Bank
Name of Scholarship Canara Bank Scholarship
Canara Bank Scholarship EligibilityIt is open mainly for postgraduate students who want to pursue a career in research
Application Form Online Mode Only
Rewards and BenefitsUp to Rs 50,000 [Varies based on the type of Scholarship]

What is Canara Bank Scholarship?

The scholarship gateway of Canara Bank, also referred to as Scholar’s corner has been formed in collaboration with UGC and acts as the nodal agency for disbursing UGC scholarships and grants. The Canara Bank Scholarship portal is a state of the art scholarship disbursement scheme which is integrated with the Financial Management System. This helps in distributing scholarship/fellowship amount directly to the account holder.

Canara Bank Scholarship List and Rewards

The list of UGC scholarship/fellowship disbursed through the Canara Bank Scholarship portal is given below:

1.Radhakrishnan Fellowship Provides maximum coverage of Rs 40,00-Rs 50,000 annually with extra contingency and advantages.
2.Kothari Fellowship A monthly fellowship amount of Rs 46,500 along with extra contingency and advantages.
3.National Fellowship For OBCFellowship amount of up to Rs 28,000 per month along with contingency grant and assistance for differently-abled candidates. 
4.NET JRF Fellowship A monthly fellowship amount of up to Rs 28,000 per month along with contingency grant and reader assistance.
5.Maulana Azad National Fellowship Fellowship amount of up to Rs 28,000 per month along with contingency grant and reader assistance for differently-abled candidates. 
6.Indira Gandhi Single Girl Child Scholarship Monthly scholarship allowance of Rs 3,100
7.Rajiv Gandhi Fellowship for SCA monthly fellowship amount of up to Rs 28,000 per month along with contingency grant and reader assistance for physically handicapped and blind paper. 
8.Ishan-Uday ScholarshipINR 5400 monthly to candidates pursuing general degree courses.INR 7800 monthly to candidates pursuing technical/medical/paramedical/professional courses.
9.Emeritus FellowshipAn honorarium of Rs 3,100 per month for 2 years along with a contingency grant of Rs 50,000 per annum.
10.Swami Vivekananda Single Girl Child Scholarship Fellowship amount of up to Rs 28,000 per month along with a contingency grant for PwD candidates.
11.Postdoctoral Fellowship for WomenFellowship amount of INR 46,500 per month along with contingency grant  of Rs 50,000 per annum for 5 years.
12.PG Scholarship for University Rank HoldersRs 3,100 per month for a period of 2 years.
13.Postdoctoral Fellowship for SC/STFellowship amount of Rs 46,500 per month along with contingency grant of Rs 50,000 per annum for 5 years and other benefits.
14.PG Scholarship for Professional Courses for SC/STRs 7,800 per month for a period of 2 years for ME/MTech students. Rs 4,500  per month for a period of 2 years for other professional courses.
15.BSR Fellowship in ScienceFellowship amount of Rs 27,900  per month along with contingency grant  of Rs 25,000 per annum with other benefits.
16.UGC-BSR Faculty Fellowship SchemeA research grant of Rs 5 lakh per annum along with a fellowship amount of Rs 50,000 per month for a maximum period of 3 years. 
17.AICTE GATE ScholarshipRs 12,400 per month.

Eligibility Criteria for Canara Bank Scholarship

To apply for the Canara Bank Scholarship for pursuing a specific course, there are certain eligibility requirements that need to be fulfilled. Below we have listed the major eligibility criteria you need to keep in mind while applying for this scholarship: 

  •  Canara Bank Scholarship is only applicable to citizens of India.
  •  It is only applicable for students having a family income of less than 8 lakhs per annum. 
  • Candidates belonging to SC/ST, non-creamy layer, i.e. Other Backward Class (OBC) are also eligible to apply for the Canara Bank Scholarship.

Note: These are general conditions. Each scholarship further has its own set criteria.

Application Process and Deadlines

The application process for all of the assistantship and scholarships that fall under this grant varies to a great extend. The table given below highlights the important months/dates for each of the Canara Bank Scholarship along with the portals through which candidates can apply for them:

Name of RewardImportant DateApplication Portal
Radhakrishan FellowshipNAOfficial Website of UGC
National Fellowship for OBCNAOfficial Website of UGC
Kothari FellowshipEntire Year Official Website of DSKPDF
NET JRFJune & DecemberOfficial Website of NTA
Indira Gandhi Single Child Scholarship October to November National Scholarship Portal
Maulana Azad National Fellowship December to January Official Website of UGC
Rajiv Gandhi National Fellowship for SCNAOfficial Website of UGC
Ishan Uday Scholarship October to November National Scholarship Portal
Swami Vivekananda Single Girl Child Scholarship  NAOfficial Website of UGC
Emeritus Fellowship NAOfficial Website of UGC
Postdoctoral Fellowship for WomenNAOfficial Website of UGC
PG Scholarship for University Rank HoldersOctober to NovemberNational Scholarship Portal
Postdoctoral Scholarship for SC/STNAOfficial Website of UGC
BSR Fellowships in ScienceDecemberOfficial Website of UGC
UGC-BSR Faculty Fellowship SchemeThroughout the YearUGC FRPS Portal
AICTE GATE Scholarship September to OctoberAICTE Portal
PG Scholarship for Professional Courses for SC/STOctober to NovemberNational Scholarship Portal

FAQs

Q1: How can candidates apply for Canara Bank scholarships? 
Ans: The Canara Bank scholarships are further divided into different parts. The application process may differ for each scholarship. Refer to the table given above to know about the exact portals that are to be considered. 

Q2: Are applicants required to pay any application fee to apply for these scholarships? 
Ans: No, candidates need not pay any application fee for the Canara Bank scholarships. 

Q3: How is the Canara Bank scholarship amount distributed to selected applicants? 
Ans: The fellowship/scholarship amount is sent via direct benefits transfer (DBT) in the bank accounts of the selected students. 

Scholarships are an effective way to study in your dream college that can help you enhance your knowledge and can provide great career benefits. We hope that this article on the Canara Bank Scholarship has helped you identify the scholarship program you can opt for. Just like these schemes, there are scores of scholarships for Indian students to study abroad. If you’re planning to pursue higher education abroad and are looking for suitable colleges that offer scholarships, get in touch with Leverage Edu where our experts will provide you with the best guidance and support and help you apply for the applicable financial schemes!

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