The Bank firmly believes that education is the most powerful equalizer in society, and that scholarships play a critical role in ensuring that financial constraints do not prevent deserving students from pursuing their aspirations. By supporting scholarships for both boys and girls, the Bank invests in a future where every student has the opportunity to learn, grow, and lead.

Scholarships create impact far beyond individual beneficiaries. They uplift families, strengthen communities, and contribute to building a more inclusive and empowered society. At a broader level, access to education fosters a skilled workforce, driving innovation, productivity, and long-term economic growth.

To support this vision, the Bank provides scholarship assistance to meritorious students from low-income households, enabling them to continue their higher education and improve their future livelihood prospects. Currently, the program supports students pursuing three-year undergraduate degree courses.

The scholarship initiative helps remove financial barriers that often prevent talented students from accessing quality education. By enabling higher education and skill development, the program enhances employability, increases access to stable and well-paying careers, and creates opportunities for entrepreneurship. Many scholarship recipients go on to serve as role models within their communities, inspiring others and contributing to local social and economic development.

Key Beneficiary Insights

• 7.50% of scholarship beneficiaries are single-parent, orphaned, or physically disabled students, highlighting the program's support for particularly vulnerable groups.
• 64.14% of beneficiaries come from families with an annual parental income of less than INR 1 lakh, with an average family income of INR 60,769 per annum.
• These students receive an average scholarship support of INR 11,978 per annum, helping them meet educational expenses and continue their academic journey.

Through this scholarship program, the Bank continues to empower deserving students, foster educational equity, and create pathways for sustainable socio-economic progress across underserved communities.

Andhra Pradesh, Assam, Bihar, Chhattisgarh, Goa, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Orissa, Rajasthan, Sikkim, Tamil Nadu, Telangana, Tripura, Uttar Pradesh, Uttarakhand, West Bengal, Dadra & Nagar Haveli and Daman & Diu, Delhi, Jammu & Kashmir