Capital First Scholarship of Up to 1 Lakh Per Annum for MBA Students

Last Modified: 14 Jun 2024

Capital First Limited, a renowned Indian financial institution, offers financial help to meritorious students from economically backward sections of the society for admission to the MBA programme. The financial aid is offered under the Capital First MBA Scholarship as part of the company’s Corporate Social Responsibility (CSR) program.

Capital First MBA Scholarship - Quick Overview

Scholarship Name

Capital First MBA Scholarship

Scholarship Provider

Capital First Limited

Scholarship Type

Merit cum Means Based Scholarship

For Class / Course



05 Jul 2018


Up to ₹ 1 Lakh Per Annum

Age Limit

No Age Limit


All (No Limitation)

Application Process


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Capital First MBA Scholarship: Quick Overview

Deadline 05 Jul 2018
Class / Course MBA
Scholarship Type Post Graduate
Awarded Amount Upto ₹ 1 Lakh Per Annum
Age Limit N/A
Gender All
Religion All
State All
Country India
Apply Now Click here

Eligibility for Capital First MBA Scholarship

  • Must be an Indian citizen residing in India only.
  • The annual family income (from all sources) should be less than or equal to ₹ 6 lakhs. Candidates will be required to upload documents such as Bank Statements of parents/guardians or Income Tax Returns documents in support of annual family income.
  • Should be enrolling/enrolled in the batch 2018-20.
  • Have a bachelor’s degree (in any discipline)

How to Apply for the Scholarship?

Capital First Limited has invited online application for its MBA scholarship 2018-20 program. Candidates can apply through the following process latest by 15 June 2018:

  • Go to the official website -
  • Click on the ‘Apply Now’ button
  • Click on the ‘Registration’ link.
  • Register with your email id and then complete the application form.

Candidates who are selected for the scholarship will be informed via e-mail.

Scholarship Amount

INR 1 Lakh per annum. The company offers a total of 110 scholarships.

Benefits under Scholarship

  • The scholarship amount will cover only the tuition fee of the course and the expenses on books.
  • The final disbursement of the scholarship will be done after the submission of fee receipt by the candidate. (This will be evidence of part payment by the applicant.)

Mandatory Documents

Candidates are required to provide the following documents at the time of application for Capital First MBA Scholarships 2018-20:

Personal documents:

  • Aadhaar card
  • Address proof
  • Student's recent photograph

Admission-related documents:

  • Admission letter
  • Fee receipt

Educational documents:

  • Class 10 mark sheet
  • Class 12 mark sheet
  • Graduation mark sheet
  • Entrance exam scorecard

Parents’ Income proof:

  • Salary Slip
  • ITR (Income Tax Return)
  • Income certificate from Tehsildar or Magistrate

Cancellation of Scholarship

Capital First Limited (CFL) selection board can cancel/discontinue the scholarship and recover the amount in the following cases:

  • If any of the terms and conditions of the scholarship are violated.
  • If it is found that the scholarship was obtained by showing false certificates/statements.
  • If the candidate is irregular in attending classes or violates the Rules of the institution.
  • If the candidate fails to maintain minimum passing standards prescribed by the University.
  • Any other misconduct by the beneficiary.

CFL reserves all rights to verify the claims made by the candidate.