Education is the cornerstone of individual and societal progress. It empowers individuals to unlock their potential, contribute meaningfully, and lead fulfilling lives. However, financial constraints can often become a barrier to accessing quality education, especially for students from underprivileged backgrounds. Recognizing this challenge, the HDFC Bank Parivartan (meaning “transformation” in Hindi) initiative, through the H T Parekh Foundation, offers the HDFC Badhte Kadam Scholarship. This scholarship program aims to bridge the financial gap and empower meritorious students to pursue their educational aspirations.
Scholarship Overview
The HDFC Badhte Kadam Scholarship is a merit-based financial assistance program open to Indian students from economically disadvantaged families. It provides financial support to students enrolled in various stages of education, from Class IX to postgraduate programs. The scholarship amount varies depending on the level of study and can be up to ₹1,00,000 (Rupees One Lakh) per year.
Eligibility Criteria
To be eligible for the HDFC Badhte Kadam Scholarship, students must meet the following criteria:
- Citizenship: Must be a bonafide citizen of India.
- Academic Performance:
- Class IX & X: Minimum of 60% marks in the previous year’s exams.
- Class XI & XII: Minimum of 70% marks in the previous year’s exams.
- Undergraduate Courses: Minimum of 60% marks in the previous year’s exams.
- Postgraduate Courses: As per the eligibility criteria of the specific program.
- Economic Background: Students from families with an annual income of less than ₹6,00,000 (Rupees Six Lakhs) from all sources are eligible.
- Priority Groups: Special consideration is given to the following groups:
- Girl students.
- Students who are facing a crisis due to the loss of a parent(s) or a terminal illness in the family.
- Existing Badhte Kadam scholars demonstrating continued academic excellence and financial need.
Benefits of the Scholarship
The HDFC Badhte Kadam Scholarship offers several benefits to deserving students:
- Financial Assistance: The scholarship provides significant financial support to cover educational expenses like tuition fees, hostel charges, books, stationery, and other related costs. This reduces the financial burden on students and their families, allowing them to focus on their studies.
- Empowerment and Motivation: Receiving a scholarship acts as a strong motivator for students. It demonstrates their academic achievements and validates their potential. This recognition can boost their confidence and encourage them to pursue their educational goals with greater determination.
- Improved Educational Outcomes: By alleviating financial stress, the scholarship allows students to invest more time and effort into their studies. This can lead to improved academic performance and a higher chance of success in their chosen field.
- Promoting Equity in Education: The scholarship program helps bridge the educational gap by providing opportunities for underprivileged students. This promotes social mobility and creates a more equitable education system.
Selection Process
The selection process for the HDFC Badhte Kadam Scholarship is typically multi-layered:
- Application Submission: Students must submit a completed application form online within the stipulated deadline. The application form typically requires details like academic records, family income proof, and a motivational essay.
- Shortlisting: Based on the application documents, a committee shortlists candidates who meet the eligibility criteria and demonstrate academic merit.
- Further Evaluation (Optional): In some cases, shortlisted candidates may be called for additional evaluations, such as an interview or essay writing, to assess their motivation, future goals, and financial need.
- Final Selection: The final selection is made by a committee based on the combined evaluation of the application documents and any additional assessments.
How to Apply (Once Application Period Opens)
The application window for the HDFC Badhte Kadam Scholarship typically opens in the latter half of the year, closer to the start of the academic session. Here’s how to apply when the application period begins:
- Official Website: Visit the official website of HDFC Bank Parivartan or the H T Parekh Foundation. Look for a dedicated page or notification about the HDFC Badhte Kadam Scholarship.
- Application Form: Download the application form or access the online application portal.
- Eligibility Check: Carefully review the eligibility criteria and ensure you meet all the requirements before proceeding.
- Gather Documents: Collect the necessary documents, such as academic certificates, income proofs, and any other documents specified in the application guidelines.
- Complete Application: Fill out the application form accurately and comprehensively. Be sure to provide all the required information and attach
Contact Details:
Helpline number- 011-430-92248 (Ext- 270) (Monday to Friday – 10:00 AM to 6 PM)
Email id- hdfcbadhtekadam@buddy4study.com.
Official Website – https://www.hdfcbank.com/
