MBA Scholarships in India 

1. IDFC FIRST Bank MBA Scholarship

Apply here: https://www.idfcfirst.bank.in/csr-activities/educational-initiatives/mba-scholarship

📋 Eligibility:

• Indian student | Enrolled in 1st year full-time MBA (2-year) | Family income ≤ ₹6 lakh/year | Only selected colleges eligible

💰 Benefit:

• ₹2 lakh total (₹1 lakh/year)

⏳ Deadline:

• Around July (every year) | Not for distance / executive MBA | Not for 2nd year students

2. Kotak Kanya Scholarship (Girls Only)

Apply here: https://www.kotakeducationfoundation.org/kotak-kanya-scholarship

📋 Eligibility:

• Only girl students | 12th ≥ 75% | Income ≤ ₹6 lakh | Admission in top colleges (UG/PG including MBA in some cases)

💰 Benefit:

• Up to ₹1.5 lakh/year

⏳ Deadline:

• Usually Nov–Dec

3. HDFC Bank Parivartan ECSS

 Apply here: https://www.parivartanecss.com/

📋 Eligibility:

• UG/PG students (MBA included) | Financial crisis cases | 55%+ marks

💰 Benefit:

• ₹75,000 approx

⏳ Deadline:

• Around Dec–Jan

4. Udayan Care Scholarship (Girls)

Apply here: https://udayancare.org

📋 Eligibility:

• Girls from underprivileged background | Often linked to NGO support / special cases

💰 Benefit:

• Covers education + mentorship

⏳ Deadline:

• Rolling / varies

❗ Filter:

• Not for general category students

🏆 5. Aditya Birla Group Scholarship

 Apply info: https://www.adityabirlascholars.net

📋 Eligibility:

• Top B-schools (IIMs, XLRI, etc.) | High academic performance

💰 Benefit:

• Covers large part of MBA fees

⏳ Deadline:

• After admission (usually Aug–Sep)

❗ Filter:

• Only top 1–2% students

6. Citi Women’s Scholarship (Top B-Schools)

🔗 Apply via college (no direct link)

📋 Eligibility:

• Female students in IIMs/top institutes | Leadership + merit

💰 Benefit:

• Up to ₹5 lakh

⏳ Deadline:

• Through college (varies)

7. National Scholarship Portal (NSP)

Apply here: https://scholarships.gov.in

📋 Eligibility:

• Depends on scheme (central/state/minority)

💰 Benefit:

• ₹10,000 to ₹1 lakh+

⏳ Deadline:

• Usually Oct–Dec

❗ Filter:

• Not MBA-specific, but many hidden PG schemes

Powerful Schemes Beyond Scholarships

1. Interest-Free / Subsidized Education Loans

PM Vidyalaxmi Scheme

👉 Govt-backed education loan platform

• 💸 Loan without collateral

• 📉 3% interest subsidy (for income ≤ ₹8 lakh)

• 💻 Fully digital process

Central Sector Interest Subsidy Scheme (CSIS)

• 💰 Govt pays full interest during study period + 1 year

• 📉 Income limit: ≤ ₹4.5 lakh

• 🎓 For professional courses (MBA included in many cases)

2. No Collateral Loan Schemes

Credit Guarantee Fund Scheme (CGFSEL)

• 💼 Loan up to ₹7.5 lakh

• ❌ No collateral needed

• Govt guarantees loan to bank

3. Special Category Subsidy Schemes

Padho Pardesh Scheme

• 🎯 For minority students

• 💰 Govt pays loan interest during course period

👉 Especially useful for PG/MBA students

4. Direct Govt Scholarship + Support Combo

PM-USP Central Sector Scholarship

• 💰 ₹12,000–₹20,000/year

• 📉 Income ≤ ₹4.5 lakh

• 🎯 Based on 12th merit

5. College-Level Financial Aid 

• Fee waivers (10%–100%)

• Installment payment options

• Emergency financial aid