The KVB Scholarship Program aims at providing monetary assistance to first-year students pursuing degrees in any discipline from Medical, Engineering, Agriculture, Arts & Science, Banking and AI And ML emerging areas who can’t afford education at government or government-aided colleges. Students pursuing their education in Tamil Nadu, Andhra Pradesh or Telangana can make an application for and receive the amount of INR 1,00,000 for one year towards the funding of their education.
About Karur Vysya Bank (KVB)
Karur Vysya Bank (KVB), a private Indian financial institution established in 1916, offers quality service and a positive connection with its customers. Through the KVB Scholarship, the bank hopes to assist students in education, including specialized fields, and boost Indian growth through trained manpower.
Key Details of the KVB Scholarship
- Amount Offered: 1,00,000 INR for each year
- Applicable Fields of Study: Medical, Engineering, Agriculture, Arts and Science, Banking, AI, Machine Learning
- States Eligible: Tamil Nadu, Andhra Pradesh, Telangana
- Scope of the scholarship: The program offers support yearly when students fulfill the academic conditions.
KVB Scholarship Eligibility Criteria
Concerning the KVB Scholarship Program 2024-25, here are the main eligibility points:
- Target Group: This award is for first-year undergraduates from the Indian territory.
- Country of Residency: Domicile of Tamil Nadu, Andhra Pradesh or Telangana region.
- Education: At least 60% in the previous academic year
- Family Income: Annual family earnings should be not more than 6,00,000 INR
- Type of College: Government or Government-aided colleges only.
- Submission Deadline: November 28, 2024
Scholarship Benefits
Chosen students will receive INR 1,00,000 per year to cover tuition fees and other education-related expenses. This financial support helps ease the burden on families, enabling students to focus on their studies and build their future.
Documents Needed to Apply
Applicants must submit:
- Recent Photograph: Passport-size photo
- Proof of Admission: Fee receipt, institution ID, or bonafide certificate
- ID Proof: Aadhaar card, Voter ID, or Driving License
- Family Income Proof: Salary slips, government letter, parent’s Form 16, or last 6 months’ bank statement
- Academic Records: Self-attested copies of Class 10 and 12 mark sheets
- Bank Account Details: Applicant’s or parent’s bank information
KVB Scholarship Application Process
The application procedure is straightforward! Just do the following:
- Register or log into the Buddy4Study platform and open the scholarships page. Click on ‘Apply Now’.
- You will see an application form for the KVB Scholarship Program.
- Hit the ‘Start Application’ button and provide all the requested information.
- Make sure to submit any required documents.
- Click ‘Preview’ after agreeing with the Terms and Conditions.
- Finally, check your application and click the submit button.
Selection Process
The KVB Scholarship selection process entails the following:
- Initial Screening: A basic level of education should be first-year with 60% marks in the previous exam, and they should belong to a family with an annual income of less than INR 6,00,000.
- Document Check & Interview: The selection committee will review documents and phone up the interested parties to corroborate information.
- Final Selection: Selected candidates will get a full scholarship worth INR 1,00,000/annum for their studies.
Renewal Requirements
Renew KVB scholarship for the next years:
- Students must perform excellently and submit an academic progress report showing they passed with good grades.
- They have paid the college fees.
- They do not have any disciplinary action in their record.
As KVB renews scholarships every year, the students will not have to worry about funds as the amount will be transferred directly to their bank account.
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