Bajaj Finserv Scholarship Program 2026 for UG and PG Students | Last Date to Apply

Bajaj Finserv Scholarship Program 2026 for UG and PG Students : Bajaj Finserv Scholarship Program FY 2026-27 is a significant financial support initiative designed to help talented students pursue higher education in Management and Technology. The program aims to reduce financial barriers for meritorious students and enable them to focus on their academic growth, professional development and future careers. It supports students pursuing programs such as B.E./B.Tech., M.E./M.Tech., MBA, PGDM and PGP in eligible disciplines and management specialisations.

The scholarship offers substantial annual financial assistance, with support of up to INR 2 lakh per year for B.E./B.Tech., INR 1.5 lakh per year for M.E./M.Tech., and up to INR 10 lakh per year for eligible MBA/PGDM/PGP students. The scholarship is provided on a per-year basis for the duration of the course, subject to fulfilment of the applicable renewal requirements.

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Eligibility Criteria for Bajaj Finserv Scholarship

For Management Students

Applicants must meet the following eligibility requirements:

• The applicant must be enrolled in the first year of a full-time 2-year postgraduate program.
• Eligible programs include:
  • MBA
  • PGDM
  • PGP
• The program can be in any management specialisation.
• The applicant must have secured at least 75% marks or equivalent CGPA/grade in both Class 10 and Class 12.
• The annual parental income from all sources must not exceed INR 15 lakh.
• The applicant must be studying at an institution ranked among the Top 25 NIRF-ranked colleges.
• Students from the Top 10 NIRF-ranked colleges will be given preference.
• Children of employees of Buddy4Study or Bajaj Finserv are not eligible.
• Preference will be given to meritorious students from underserved backgrounds, including:
  • Persons with Disabilities (PwD)
  • Students from single-parent households due to death or divorce
  • Orphaned students
• Preference will also be given to students applying from institutions ranked among the Top 10 in the NIRF Report 2025.

For Technology Students

Applicants must meet the following eligibility requirements:

• The applicant must be enrolled in the first year of a full-time 4-year undergraduate or 2-year postgraduate program.
• Eligible B.E./B.Tech. disciplines are:
  • Computer Science
  • Information Technology
  • Artificial Intelligence/Machine Learning
  • Data Science
  • Statistics
• Eligible M.E./M.Tech. disciplines are:
  • Computer Science
  • Information Technology
  • Artificial Intelligence/Machine Learning
  • Data Science
  • Statistics
• The applicant must have secured at least 75% marks or equivalent CGPA/grade in both Class 10 and Class 12.
• Annual parental income from all sources must not exceed INR 15 lakh.
• The applicant must be studying at a Top 25 NIRF-ranked college.
• Students from the Top 10 NIRF-ranked colleges will receive preference.
• Children of employees of Buddy4Study or Bajaj Finserv are not eligible.
• Preference will be given to meritorious students from underserved backgrounds, including:
  • Persons with Disabilities (PwD)
  • Students from single-parent households due to death or divorce
  • Orphaned students
• Preference will be given to students applying from institutions ranked among the Top 10 in the NIRF Report 2025.
• Applicants must not be active beneficiaries of another private or government scholarship for the same course at the time of application.
• Exception: M.Tech. students receiving a government stipend may apply.

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Benefits of Bajaj Finserv Scholarship

The Bajaj Finserv Scholarship Program provides annual financial assistance to selected students for the duration of their course, subject to fulfilment of the renewal conditions.

Management Students

The scholarship amount is linked to the student’s first-year fee:

Additional benefit:

• MBA/PGDM/PGP students whose tuition fees are completely waived through a Tuition Fee Waiver (TFW) or by the government/institution will be eligible for INR 2,50,000 per year towards hostel fees, mess charges and other essential academic expenses.
• The applicable scholarship amount and institute category will be determined based on the approved fee structure and institute classification.

Technology Students

The program description specifies scholarship support of up to:

• INR 2,00,000 per year for B.E./B.Tech. students
• INR 1,50,000 per year for M.E./M.Tech. students

The scholarship support is provided annually for the duration of the course, subject to the applicable renewal criteria.

Documents Required for Bajaj Finserv Scholarship

Applicants should keep the relevant supporting documents ready while applying. Based on the eligibility and renewal requirements provided, these may include:

• Class 10 marksheet/certificate
• Class 12 marksheet/certificate
• Current course enrolment/admission proof
• Bona fide certificate from the educational institution
• Current academic marksheets, where applicable
• Fee structure or approved fee details
• Fee payment receipts
• Proof of annual parental/family income
• Documents supporting PwD status, where applicable
• Relevant documents supporting single-parent status, where applicable
• Relevant documents supporting orphan status, where applicable
• Documents related to institutional ranking/category, wherever required
• Self-declaration regarding disciplinary conduct
• Scholarship fund utilisation report and supporting documents, where applicable
• Academic progress/progress report, where required

Applicants should ensure that all uploaded documents are clear, valid and consistent with the information entered in the application form.

How to Apply for Bajaj Finserv Scholarship

Follow these steps to apply for the scholarship:

1. Click on the “Click Here To Apply” button provided at the end.
2. Carefully review the scholarship details provided.
3. Complete the application form and ensure all required information is accurately filled out.
4. Attach the necessary documents as specified in the scholarship requirements.
5. Finally, click the “Submit” button to submit your scholarship application.

Last Date to Apply

The last date to Apply for Nemichand Jain Scholarship 2026 is 5 October 2026

Contact Details

For any queries contact bfsp.ncpedp@gmail.com

Top 5 Common Mistakes While Applying for Scholarship and How to Avoid Them

1. Applying Without Checking the Complete Eligibility Criteria

A common mistake is assuming that meeting the academic percentage requirement alone makes a student eligible. The scholarship also considers factors such as the student’s course, year of study, institution ranking, parental income and other scholarship support.

How to avoid it: Go through every eligibility condition before beginning the application. Confirm your course, year of study, institution, marks, family income and scholarship status before submitting the form.

2. Entering Incorrect or Inconsistent Information

Errors in academic marks, income details, course information or personal information can create problems during verification. Even a small discrepancy between the application and supporting documents can result in complications.

How to avoid it: Keep your original documents beside you while completing the form. Enter information exactly as it appears on your official documents and review the entire application before submission.

3. Uploading Incomplete or Unclear Documents

Applicants sometimes submit blurred documents, incorrect files or incomplete supporting documentation. This can make verification difficult and potentially affect the application.

How to avoid it: Prepare all required documents before starting the application. Check that each document is readable, current where applicable and uploaded under the correct document category.

4. Ignoring the Scholarship Exclusivity Requirement

Technology applicants must not be active beneficiaries of another private or government scholarship for the same course at the time of application, subject to the stated exception for M.Tech. students receiving a government stipend. Similar support restrictions also apply to scholarship renewal.

How to avoid it: Check your existing scholarships and financial-aid arrangements before applying. Do not provide inaccurate information about other scholarship benefits.

5. Waiting Until the Deadline

Submitting an application at the last moment creates unnecessary risk. Technical problems, missing documents or errors discovered during the final review can prevent timely submission.

How to avoid it: Start the application well before 5 October 2026. Complete the documentation and verification process early, then submit only after carefully reviewing the entire application.

Frequently Asked Questions (FAQs)

Q1: Can students from any management specialisation apply for the scholarship?

Yes. The Management category covers MBA, PGDM and PGP programs, and the provided eligibility information states that the program is open across all management specialisations. However, applicants must also satisfy the other conditions, including being in the first year of a full-time 2-year postgraduate program, meeting the Class 10 and Class 12 academic requirement, satisfying the parental-income limit and studying at an eligible NIRF-ranked institution.

Q2: Is the scholarship amount the same for every MBA, PGDM or PGP student?

No. For Management students, the scholarship amount is linked to the student’s first-year fee and applicable institute classification. Students with a first-year fee of up to INR 5 lakh can receive INR 5 lakh per year, those with fees above INR 5 lakh and up to INR 8 lakh can receive INR 8 lakh per year, and those with fees above INR 8 lakh can receive INR 10 lakh per year. Students whose tuition is completely waived through TFW or by the government/institution may instead be eligible for INR 2.5 lakh per year towards hostel, mess and other essential academic expenses.

Q3: What happens if a student does not maintain 60% marks after receiving the scholarship?

Scholarship renewal is subject to the applicable renewal criteria, including maintaining a minimum of 60% marks or an equivalent grade according to institutional norms. Therefore, students should maintain the required academic performance throughout the course. Renewal also depends on other conditions, such as continued enrolment, timely document submission, compliance with the code of conduct and other applicable requirements.

Q4: Can a student apply if their tuition fees are completely waived?

Yes, the provided information specifically addresses students whose tuition fees are fully waived through a Tuition Fee Waiver or by the government/institution. For eligible MBA/PGDM/PGP students in this situation, the scholarship provides INR 2.5 lakh per year towards hostel fees, mess charges and other essential academic expenses. The applicable benefit remains subject to the scholarship’s eligibility and verification requirements.

Q5: Are students from institutions outside the Top 25 NIRF-ranked colleges eligible?

The provided eligibility criteria state that students from the Top 25 NIRF-ranked colleges will be considered, while students from the Top 10 NIRF-ranked colleges will receive preference. Therefore, applicants should verify their institution’s applicable NIRF ranking before applying rather than assuming that every college or university is eligible.

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Overview of Bajaj Finserv Scholarship