The HDFC Bank Parivartan Scholarship Scheme, part of the Parivartan Educational Crisis Scholarship Support (ECSS) initiative, is tailored to assist students encountering financial difficulties due to unexpected personal or family crises. Students from Class 6 through postgraduate levels who meet the eligibility criteria, including a family income not exceeding ₹3 lakh annually, can apply. This scholarship is intended to prevent educational disruptions during tough times, such as a family member’s death, illness, job loss, or natural calamities.
Through the HDFC Parivartan Scheme, the Housing Development Finance Corporation provides up to INR 75,000 to help cover essential academic costs, including tuition fees, books, and other necessary materials. Applicants are required to log in to the HDFC Scholarship portal and submit their applications online, ensuring they include all required documents such as income certificates and academic transcripts. The selection process considers the applicant’s academic achievements, financial situation, and the gravity of the crisis they are facing.
For the 2024 application period, students must submit their applications by September 30, 2024. It is advised that students apply promptly to secure the financial support needed to continue their education without interruption.
Key Details of the HDFC Bank Parivartan Scholarship
Particulars | Details |
Scholarship Name | HDFC Parivartan Scholarship |
Offered By | HDFC Bank |
Eligible Education Levels | Class 6 to Post-Graduation |
Streams Covered | All streams |
Region | India |
Scholarship Amount | Up to INR 75,000 |
Application Deadline | September 30, 2024 |
Official Website | HDFC Bank Parivartan Portal |
HDFC Bank Parivartan Scholarship
The HDFC Bank Parivartan Scholarship is designed to assist students who face financial difficulties due to unexpected crises such as illness, job loss, or natural disasters. With an aim to cover essential academic expenses like tuition fees, books, and study materials, this scholarship provides up to INR 75,000, enabling students to focus on their education despite the challenges they face.
Types of HDFC Bank Scholarships
- Scholarships for School Students
- Scholarships for Undergraduate Students
- Scholarships for Postgraduate Students
Eligibility Criteria
The scholarship is open to students across different educational levels—school, undergraduate, and postgraduate. Each category has specific criteria, such as academic performance, financial need, and crisis impact. The common requirement is that the family’s annual income should not exceed ₹3 lakh, and the student must be enrolled in a recognized institution in India.
Eligibility for Different Levels:
- School Students:Â For students from Class 6 to 12, with a minimum academic score as specified by the scholarship guidelines.
- Undergraduate Students:Â For students pursuing various undergraduate courses, with a minimum of 55% marks in the previous academic year.
- Postgraduate Students:Â For students in postgraduate programs, with a minimum of 55% marks in the previous academic year.
Application Process
Applying for the HDFC Parivartan Scholarship is a straightforward process. Students must visit the official HDFC Bank Parivartan portal, register or log in, and complete the online application. Along with their application, they must submit necessary documents such as proof of income, academic records, and details of the crisis they are facing. The selection process evaluates the severity of the crisis and the student’s academic performance.
Steps to Apply:
- Visit the HDFC Bank Parivartan Scholarship portal.
- Register or log in to your account.
- Fill out the application with accurate personal, educational, and financial details.
- Upload the required documents.
- Review and submit your application before the deadline.
Essential Documents for the HDFC Bank Scholarship
- Identity Proof:Â A valid government-issued ID such as Aadhaar Card or Passport.
- Income Proof:Â Latest income certificate or salary slip of the parents/guardians.
- Academic Documents:Â Mark sheets or transcripts from the previous academic year.
- Enrollment Confirmation:Â Admission letter or student ID from your current educational institution.
- Financial Hardship Evidence:Â Documents indicating financial distress, such as medical bills or a job loss certificate.
- Recent Photograph:Â A passport-sized photo for identification purposes.
- Bank Account Information:Â A bank statement or canceled cheque for scholarship fund transfer.
Benefits and Rewards
The scholarship amounts vary according to the educational level:
Educational Level | Scholarship Amount |
Class 1 to 6 | INR 15,000 |
Class 7 to 12, Diploma, ITI, & Polytechnic | INR 18,000 |
Undergraduate (General) | INR 30,000 |
Undergraduate (Professional) | INR 50,000 |
Postgraduate (General) | INR 35,000 |
Postgraduate (Professional) | INR 75,000 |
Selection Process
The selection process is thorough and merit-based. Applications are reviewed for eligibility, and shortlisted candidates are evaluated on academic performance and the severity of their financial crisis. The final decision is made by a committee dedicated to ensuring that the scholarships are awarded to the most deserving students.
Monitoring Application Status
Applicants can monitor their application status by logging into the HDFC Bank Parivartan portal. The status section provides real-time updates on the progress of the application.
Contact Details:
- Email:Â [email protected]
- Phone:Â +91-22-6160-6161
For more details and to apply, visit the Schemes4india.com.