HDFC Scholarship

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HDFC Scholarship

HDFC Educational Crisis Scholarship Support is a unique scholarship scheme developed to support students who are facing difficulties in continuing their education. HDFC Scholarship supports students suffering from financial difficulties or personal hardships and is unable to bear the cost of education. The scheme’s benefits can be availed by students studying in class 6 through class 12 along with those pursuing diploma, undergraduate and postgraduate degrees.

Also Read: HDFC Education Loan

Highlights

Provided By HDFC Bank
Rewards Rs. 35,000 to Rs. 75,000
Scholarship Criteria Studying in class 6 – 12
Pursuing UG/PG Degree
Last Date of Application November 2022

Types of Scholarship

  • HDFC Bank Parivartan’s ECS Scholarship in School Programme (Merit-Cum-Means Based)
  • HDFC Bank Parivartan’s ECS Scholarship Beyond School Programme (Merit-Cum-Means Based)
  • HDFC Bank Parivartan’s ECS Scholarship Professional Education Programme (Merit-Cum-Means Based)
  • HDFC Bank Parivartan’s ECS Scholarship in School Programme (Need-Based)
  • HDFC Bank Parivartan’s ECS Scholarship Beyond School Programme (Need-Based)
  • HDFC Bank Parivartan’s ECS Scholarship Professional Education Programme (Need-Based)

Important Dates 

The HDFC scholarship is conducted under the Educational Crisis Scholarship Support (ECSS) annually during the months of July/August. Follow the timeline and stay updated on the deadline and important dates to applying for the scholarship

Application Start July 2022
Last Date of Application November 2022
List Announcement December 2022
Scholarship Distribution December 2022

Eligibility Requirements

The HDFC Scholarship is founded on the belief that a student’s economic situation should not be detrimental to his education and therefore his future. It supports students of all ages and backgrounds. The eligibility criteria have been given below:

Name Eligibility Criteria
HDFC Bank Parivartan’s ECS Scholarship in School Programme (Merit-Cum-Means Based)   Open to Indian students in grades 6 to 12 who are enrolled in a private, government, or government-aided school. They must have received at least a 55 percent on their prior qualifying exams. A family’s annual income must be less than or equivalent to INR 2.5 lakh per year (2,50,000).
HDFC Bank Parivartan’s ECS Scholarship Beyond School Programme (Merit-Cum-Means Based)   Open to Indian students pursuing non-professional courses at the undergraduate or postgraduate level in accredited institutions or universities, such as BA, BCom, MA, MCom, and so on. Students in Diploma/Polytechnic programmes following Class 10 or 12 are also eligible to apply. They must have received at least a 55 percent on their prior qualifying exams. A family’s annual income must be less than or equivalent to INR 2.5 lakh per year (2,50,000).
HDFC Bank Parivartan’s ECS Scholarship Professional Education Programme (Merit-Cum-Means Based) Open to Indian students studying professional courses at the undergraduate or postgraduate level in accredited colleges or universities in India, such as BBA, BTech, BCA, MBBS, MBA, MCA, MTech, and so on. They must have received at least a 55 percent on their prior qualifying exams. A family’s annual income must be less than or equivalent to INR 2.5 lakh per year (2,50,000).
HDFC Bank Parivartan’s ECS Scholarship in School Programme (Need-Based) Open to Indian students enrolled in private, government, or government-aided schools in grades 6 to 12. They must have had a personal or family catastrophe in the last three years, as a result of which they are unable to continue paying for their education and are on the verge of dropping out.
HDFC Bank Parivartan’s ECS Scholarship Beyond School Programme (Need-Based) Open to Indian students pursuing non-professional courses at the undergraduate or postgraduate level in accredited institutions or universities, such as BA, BCom, MA, MCom, and so on. Students in Diploma/Polytechnic programmes following Class 10 or 12 are also eligible to apply. They must have had a personal or family catastrophe in the last three years, as a result of which they are unable to continue paying for their education and are on the verge of dropping out.
HDFC Bank Parivartan’s ECS Scholarship Professional Education Programme (Need-Based) Open to Indian students pursuing professional degrees at the undergraduate or postgraduate level in accredited colleges or universities, such as BBA, BTech, BCA, MBBS, MBA, MCA, MTech, and so on. They must have had a personal or family catastrophe in the last three years, as a result of which they are unable to continue paying for their education and are on the verge of dropping out.

Also Read: Education Loan without Collateral

Rewards

Successful HDFC scholarship applicants are rewarded in the following way:

  • HDFC Bank Parivartan’s ECS Scholarship in School Programme (Merit-Cum-Means Based) – Up to INR 35,000
  • HDFC Bank Parivartan’s ECS Scholarship Beyond School Programme (Merit-Cum-Means Based) – Up to INR 45,000
  • HDFC Bank Parivartan’s ECS Scholarship Professional Education Programme (Merit-Cum-Means Based) – Up to INR 75,000
  • HDFC Bank Parivartan’s ECS Scholarship in School Programme (Need-Based) – Up to INR 35,000
  • HDFC Bank Parivartan’s ECS Scholarship Beyond School Programme (Need-Based) – Up to INR 45,000
  • HDFC Bank Parivartan’s ECS Scholarship Professional Education Programme (Need-Based) – Up to INR 75,000

Mode of Payment

The means of payment for the HDFC scholarship is through a Demand Draft(DD) written in favour of the respective institution. The awardees do not receive the amount directly or in cash.

HDFC Scholarship Application Process

In order to apply for the scheme, students need to go through the following steps:

  • The HDFC Educational Crisis Scholarship can only be applied online. Prospective students are required to visit the HDFC Bank ECSS Scholarship page.
  • After clicking the ‘apply now’ button, applicants are required to fill in personal, family and educational details 
  • They are also required to upload all the necessary and relevant documents there themselves.
  • Finally, submit the form.

Essential Documents

There are a few essential documents that the bank needs in order to verify the given information. These have been mentioned below:

  • Marksheets of the last grade attended
  • Passport size photograph
  • Proof of address (Aadhaar/ Voter ID/Driving License)
  • Admission proof of current year (Fee receipt/ Admission letter/ Institution Id/ Bonafide Certificate)
  • Educational institution’s (college/university) bank details
  • Applicant Bank Passbook/Cancelled Cheque (Information will also be captured in the application form)
  • Proof of Income of the student must fulfil one of the following three criteria:
    • Gram Panchayat/ Ward Counsellor/ Sarpanch issued
    • SDM/DM/CO/Tehsildar issued
    • Affidavit
  • Any kind of evidence related to the crisis faced

Crisis Documents

Crisis Documents
Death of earning family member Death Certificate
Job loss in the family Letter from the organization stating that the person has lost the job
Self-employment failure An affidavit from Notary stating your self-employment failure
Expenditure on medical treatment/critical illness Medical report/prescription from the doctor stating the illness
Covid-19 affected Covid-19 test report/any other document which proves that the person is affected by Covid-19
Natural disasters Document issued by the government authorities stating that the person is affected by a natural disaster

Selection Criteria

The HDFC scholarship outlines the important documents required during the application process:

  • The scholarship will be awarded on the basis of the applicant’s merit and financial need.
  • With the selected candidates, a telephonic round of interviews will also be conducted.

Terms and Conditions

Applicants must read through the relevant terms and documents and check with the bank once before applying:

  • The scholarship amount is awarded only through a Demand Draft and strictly prohibits direct or cash payment.
  • All the successful applicants will be intimated through their registered numbers on their selection. No other method is used.
  • The nearest HDFC branch will contact the selected students directly for DD collection.
  • Generally, the scholarship grant is valid for one year and can be extended for a maximum of another year for which a separate application has to be submitted.

Contact Details

For any doubts regarding the HDFC scholarship, students can contact the nearest branch of the bank. Students can also call/email on the relevant details given below:

Phone No. – 022 3075 1030/022 3075 1006
Email ID – ecss@hdfcbank.com

Looking for a scholarship to study abroad, also read:

FAQs

Does HDFC give scholarships?

HDFC Bank Parivartan’s ECS Scholarship aims to support meritorious and needy students belonging to underprivileged sections of society. The scholarship programme is meant for school students from Class 6 to those pursuing UG and PG programmes.

What is the amount of HDFC scholarship?

The HDFC Scholarship is a specific scholarship program offered by HDFC Bank to support meritorious and needy students from disadvantaged sections of society. Under HDFC Scholarship 2021-22, financial assistance up to INR 75,000 is provided to the students from class 6 doing UG and PG courses

One of the biggest factors that determine one’s educational qualification as well as where they pursue their education is the finances. If you are planning to study abroad and are looking for scholarship opportunities, the experts at Leverage Edu can help you overcome this obstacle so that you can achieve your dreams.

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