Federal Bank Hormis Memorial Foundation Scholarship 2024: Apply Online

Once again, a private bank launched a scholarship for students to pursue higher education, the Federal Bank Hormis Memorial Foundation Scholarship. With the Scholarship, you can enjoy other benefits besides financial support, for which you must first meet the eligibility criteria. The eligibility criteria for the Scholarship are quite simple. Interested students can complete the application process online by visiting the official scholarship website, for which the student only needs a mobile device or computer/laptop. Please read our article to the end to learn more about the Scholarship.

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Federal Bank Hormis Memorial Foundation Scholarship 2024

Federal Bank has initiated the Federal Bank Hormis Memorial Foundation Scholarship in memory of the late Shri KP Hormis, founder of Federal Bank. Students currently enrolled in first-year courses at UG will benefit directly from the Scholarship. Successful candidates receive a cash award under the Scholarship to cover all educational expenses. Among the total number of Federal Bank Scholarship seats, one seat is reserved for students with physical disabilities. These physically challenged students only need to present a medical certificate to avail of the Scholarship.

Federal Bank Hormis Memorial Foundation Scholarship
Scholarship NameFederal Bank Hormis Memorial Foundation Scholarship
ProviderFederal Bank
BeneficiaryUG courses
Benefits/AmountReimbursement of 100% of tuition fees.
Year2024-25
Application ModeOnline
Official WebsiteClick Here

Object Federal Bank Scholarship

The main objective of the Federal Bank Hormis Scholarship is to provide higher education to financially disadvantaged students. The deadline for the Federal Bank scholarship is December 18, 2024, so that their studies are not delayed due to their poor financial situation. We will discuss all the information related to the scholarships, such as eligibility, application process, scholarship amount, and some other special information.

Federal Bank Hormis Memorial Foundation Scholarship Eligibility Criteria

Here are the typical eligibility criteria:

  • Must be admitted to MBBS, Engineering, Bachelor of Nursing, and Agriculture courses from any university or college in India.
  • Applicants should get admission to self-financing, government, and government-affiliated autonomous universities.
  • Applicants who are war dependents of Shaheed Bahini staff are eligible to apply.
  • It must belong to any of the following states:
    • Gujarat
    • Karnataka
    • Kerala
    • Maharastra
    • Punjab
    • Tamil Nadu
  • The student’s family income must be less than 3 lakh rupees.

Federal Bank Hormis Memorial Foundation Scholarship Benefits

Here are the primary benefits of this Scholarship:

  • Reimbursement of other educational expenses.
  • Reimbursement of 100% of tuition fees.
  • For a laptop/personal computer, a maximum of INR 40,000 will be paid.
  • Maximum reimbursement for a tablet will be INR 30,000.
  • Students will receive a reimbursement amount of Rs. 1 lakh per annum.

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Federal Bank Hormis Scholarship 2024-25 Last Date

  • The last date to apply for the Federal Bank Hormis Memorial Foundation Scholarship for the academic year 2024-25 is December 18, 2024.

Federal Bank Hormis Scholarship Documents

Here’s a list of typical documents required for applying to the Scholarship, but please double-check with the official scholarship website or notification, as requirements may change:

  • Copy of Admission Letter/Admission Memo 
  • Copy of the course fee structure 
  • Copy of Mark sheets of Qualifying Examination* 
  • Copy of instructions from the University for converting the CGPA/Grade into a percentage(Mandatory for MBA Applicants) 
  • Copy of Family Income Certificate & Ration Card issued by Government Authorities 
  • Copy of Nativity certificate. 
  • Copy of ID proof & Address proof of Student and Parent. 
  • Copy of Medical Certificate (applicable for physically challenged students & speech/ hearing/ vision impaired students) 
  • In the case of dependant wards of Martyred Armed Forces Personnel who lost their life while serving the Nation, evidence showing the same needs to be submitted.

Scholarship for wards of martyred members of the Armed Forces

  • The annual income criterion does not apply to wards of martyred members of the armed forces.
  • Proof of martyrdom must be provided.
  • All other conditions remain the same as those applicable in the general category.

Scholarship for speech/visual/hearing impaired students.

  • Students in this category who are pursuing undergraduate/postgraduate or professional courses listed above are eligible to apply for the Scholarship.
  • A certificate issued by a medical officer not below DMO or an authorized medical officer of the bank shall prove the speech/hearing/visual/hearing disability.
  • All other conditions remain the same as those applicable under the general category.

Selection Procedure

  • Stage 1: The application will be verified first.
  • Stage2: Selected candidates will be shortlisted
  • Stage 3: Then, the candidates will be called for document verification.
  • Stage 4: After that, an email will be sent to the selected candidates.

Federal Bank Hormis Memorial Foundation Scholarship Application Process

Students who want to apply for this Scholarship must first check the qualifying criteria carefully before the application procedure:

  • First, visit the Federal Bank’s official website.
  • The homepage will appear in front of you.
Application Process
  • Proceed directly to the scholarship section.
  • Provide all the required information correctly.
  • “Upload” all the necessary information.
  • Then check again.
  • Finally, click on the “submit” button.

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