IIFL Scholarship

IIFL scholarship offers financial aid to deserving female students from economically weaker sections. The IIFL Foundation provides the scholarship as part of its CSR initiative. Female students from class IX to the undergraduate level can apply for the IIFL scholarship. The selected candidates will receive up to INR 5,000 for their educational expenses.

As part of its previous CSR initiative, the IIFL Foundation has conducted educational programmes for illiterate girls in Rajasthan and West Bengal. It has actively participated in several disaster relief programmes. Besides providing IIFL scholarships, the foundation creates high-impact, long-term projects to build viable changes and transform lives. The last date to apply for the IIFL scholarship still needs to be updated.

Note: IIFL scholarship application for 2023 still needs to be updated. However, the expected date for 2023 will be declared soon.

Table of Contents

• Eligibility Criteria
• Rewards
• How to Apply?
• Essential Documents
• Selection Process
• Contact Details

Eligibility Criteria for IIFL Scholarship

The IIFL scholarship is available only to female students. The objective is to encourage and motivate young girls to pursue higher education by offering financial support. Given below are the eligibility criteria for the IIFL scholarship:

• The candidates from class IX to the undergraduate degree can apply to the IIFL scholarship.
• They should be pursuing a three-year undergraduate degree.
• The students should have secured more than 50% marks in their previous qualifying examination.
• The family income should not exceed INR 3,00,000 per annum.
• Only the candidates who are existing or prospective customers of Samasta Microfinance are eligible to apply for the IIFL scholarship. 

Rewards of IIFL Scholarship

The foundation will provide financial aid to the selected candidates. The IIFL scholarship is exclusively available for female students. They will receive the following benefits:

• Students in class IX and X will receive INR 3,500. 
• The students between class XI to an undergraduate degree will receive INR 5,000.   

How to Apply for IIFL Scholarship?

The candidates should meet all the requirements before applying for the IIFL scholarship. They should duly fill in and submit the application form by the due date. The stepwise process to apply for the IIFL scholarship is as follows.

Step 1 - Interested candidates should click on the application partner's link.

Step 2 - They should click on the apply now button and register themselves either by filling in the registration form or by linking their Facebook, Gmail, email or mobile number.

Step 3 - After registering, the candidates should again click on apply now and begin the application process by clicking on the start application button.

Step 4 - They should fill in the application form and upload the necessary documents.

Step 5 - Finally, the candidates should cross-verify if the details provided on the application form are correct by clicking the preview button.

Step 6 - After reviewing the application form, the candidates can click on submit to complete the application process.

Essential Documents

The candidates should upload the necessary documents while filling the application form. The document should contain appropriate and factual information. The essential documents are as follows: 

• Aadhaar card
• Marksheets of previous qualifying exams
• Fee receipt of the current year, bonafide letter or ID card from a school/college
• Income certificate
• A bank document

Selection Process for IIFL Scholarship

The committee will select the candidates based on their merit and financial condition. The selection process involves the following steps:

• The management shortlists the candidates based on their academic performance and family income.
• The shortlisted candidates should attend a telephonic interview.
• Based on the interview, the management will prepare a final list. 

Contact Details

In case of any queries regarding the IIFL scholarship, the candidates can contact the office using the details given below:

For more details, visit our Scholarships 2023 Directory.