The IDFC FIRST Bank Engineering Scholarship is a need-based financial assistance programme for eligible first-year BE/B.Tech students studying at selected engineering colleges in India. Students from families with an annual income of up to ₹6 lakh may receive up to ₹1 lakh per year, with maximum support of ₹4 lakh across four years, subject to programme conditions.
Quick Overview of the IDFC FIRST Bank Engineering Scholarship
| Scholarship Detail | Information |
| Scholarship Name | IDFC FIRST Bank Engineering Scholarship |
| Scholarship Type | Need-based financial assistance |
| Eligible Course | Full-time BE/B.Tech |
| Eligible Study Year | First year |
| Family Income | Up to ₹6 lakh per annum |
| Annual Support | Up to ₹1 lakh |
| Maximum Support | Up to ₹4 lakh over four years |
| Scholarships Available | 230 |
| Published Programme Impact | 322 scholars across 71 colleges |
The scholarship amount, eligibility limits, number of awards and programme-impact figures above are based on information published by IDFC FIRST Bank.
What Is the IDFC FIRST Bank Engineering Scholarship?
The IDFC FIRST Bank Engineering Scholarship supports students who have secured admission to eligible engineering programmes but may face financial constraints in pursuing higher education.
Key programme details include:
- Scholarship Provider: IDFC FIRST Bank
- Scholarship Type: Need-based financial assistance
- Eligible Courses: Full-time BE and B.Tech programmes
- Eligible Students: First-year engineering students who meet the programme criteria
- College Requirement: Admission must be secured at an institution included in the official eligible-college list
- Purpose: To make engineering education more accessible to meritorious students from financially constrained families
- Support Period: Assistance can extend across the four-year engineering programme, subject to applicable terms and conditions
The student’s year of study, family income, course and college eligibility are therefore important when determining whether they can apply.
Students looking for financial support for their engineering education can also explore our complete guide to scholarships for engineering students, which covers different government, private and need-based opportunities.
Financial Benefits Under IDFC FIRST Engineering Scholarship
The programme offers financial support specifically towards eligible engineering education expenses.
- Annual Assistance: Up to ₹1 lakh
- Maximum Assistance: Up to ₹4 lakh across four years
- Fee-Based Support: One year’s eligible fee or ₹1 lakh, whichever is lower
- Multi-Year Assistance: Support can continue through the four-year engineering course when the required conditions are met
The ₹4 lakh amount is the maximum possible support across the course, not a guaranteed lump-sum payment to every selected student.
Who Is Eligible for the IDFC FIRST Bank Engineering Scholarship?
Applicants must meet the programme’s course, income, nationality and college requirements.
Eligible applicants should:
- Be an Indian national
- Be studying in the first year of a full-time BE/B.Tech degree
- Have an annual family income of up to ₹6 lakh
- Have secured admission to a college included in the official eligible-college list
- Not be receiving another scholarship or tuition-fee waiver for the engineering course
Students must satisfy all applicable scholarship conditions.
If you are specifically looking for financial assistance available to B.Tech students, you can also explore our guide to scholarships for B.Tech students.
Who Is Not Eligible for the IDFC FIRST Engineering Scholarship?
The programme does not cover every engineering student or course format.
Students are not eligible if they:
- If they are beyond the first year of an eligible full-time engineering degree
- Pursue a Diploma in Engineering
- Study through part-time, distance-learning, or exchange programmes
- Pursue excluded dual-degree programmes
- Attend a college not included in the official eligible-college list
- Are children of IDFC FIRST Bank employees
These exclusions are part of the programme’s published eligibility and terms.
Which Colleges Are Eligible for the IDFC FIRST Engineering Scholarship?
The scholarship is available only at selected engineering institutions.
Even if a student meets the income and course requirements, they cannot apply if their college is not included in the official list maintained for the scholarship programme.
Students should therefore check the eligible-college list published by IDFC FIRST Bank before beginning the application. This helps confirm institution eligibility before completing the remaining steps.
Important Scholarship Conditions Students Should Know
Selected scholars should understand how the scholarship is continued and disbursed.
- Students must pass their examinations to receive support in later years.
- Marksheets must be submitted for subsequent-year scholarship eligibility.
- Home-visit verification is mandatory as part of the selection process.
- Scholarship funds can be used only for academic expenses.
- The scholarship amount is transferred to the college bank account and adjusted against tuition fees.
- IDFC FIRST Bank does not transfer the scholarship directly to the student’s bank account.
- Final selection remains subject to IDFC FIRST Bank’s programme process and terms.
How Can Students Apply for the IDFC FIRST Bank Engineering Scholarship?
Students can apply through the official scholarship page when applications are open.
- Visit the official IDFC FIRST Bank Engineering Scholarship page.
- Check the eligibility criteria and eligible-college list.
- Open the Student Portal and complete the application form.
- Upload the required documents.
- Check all the information carefully and complete your application before the specified closing date.
IDFC FIRST Bank also advises applicants to use a valid income certificate and to enter the total course fee when the application asks for it, rather than entering only one year’s fee.
Frequently Asked Questions About the IDFC FIRST Engineering Scholarship
No. The programme is intended for students studying in the first year of an eligible full-time BE/B.Tech degr
Applicants must meet the family-income limit stated for the programme. The current eligibility information lists an annual family income of up to ₹6 lakh.
No. Students receiving another scholarship or tuition-fee waiver for the same engineering course are not eligible under the stated programme conditions.
No. Diploma in Engineering programmes are excluded under the programme’s eligibility conditions.
Yes, eligible students may receive support across the four-year engineering programme, subject to meeting the continuation requirements and programme terms.
Conclusion
For first-year BE/B.Tech students searching for a scholarship for engineering students, the IDFC FIRST Bank Engineering Scholarship can provide up to ₹1 lakh per year and up to ₹4 lakh across four years.
Students should verify the latest eligibility criteria, college list and programme conditions through the official IDFC FIRST Bank scholarship page before applying.
Apart from engineering students, IDFC FIRST Bank also provides scholarship support for eligible MBA students. Read our guide to the IDFC FIRST Bank MBA Scholarship for more details on eligibility, benefits and application.
Official source: https://www.idfcfirst.bank.in/csr-activities/educational-initiatives/engineering-scholarship-program
