Bajaj Finserv Scholarship 2026-27: Up to Rs 10 Lakh a Year, and Nobody in Your College Is Talking About It

That Rs 10 lakh headline needs unpacking, because the amount depends entirely on which course you are in. The scholarship works on course-wise, fee-linked slabs.

Read that last row twice, because it is the clause almost every summary article skips. If your management seat came with a full tuition waiver, you are not out of the game. The program still offers Rs 2.5 lakh a year for hostel, mess and academic essentials, which for a student living away from home is the difference between a comfortable two years and a stressful one.

Also note the words per year. Unlike many scholarships that quote a one-time figure, these amounts are annual, subject to the program’s conditions and verification each cycle.

You asked for the exact conditions, so here they are, straight from the program listing.

A few honest readings of that table:

• The institution filter is the sharpest gate. This scholarship is aimed at students who cracked a top NIRF-ranked college but whose families would struggle with the fees of exactly those colleges. IIM and top-IIT fee structures against a sub-15-lakh family income, that is the precise gap this program fills.
• The 75% rule applies to both Class 10 and Class 12. One board exam at 74% and the eligibility fails, so check your marksheets before investing time in the form.
• The tech stream list is specific. Mechanical, civil and electrical students are not covered this cycle, the program wants Computer Science, IT, AI/ML, Data Science and Statistics.
• Preference to disabled students, single-parent households and orphaned students is written into the program. If any of these describe you, mention it clearly in the application, that is not the place for modesty.

No written test, which surprises people. Selection runs on your application itself:

1. Online application. You fill the form and upload documents on the scholarship page.
2. Shortlisting. Applications are evaluated on academic merit, the income criterion and the institution criterion, with the stated preference categories factored in.
3. Document verification. Shortlisted candidates have their marksheets, income proof and admission records verified.
4. Final selection. Awards are confirmed as per the course-wise slabs, and amounts are fee-linked, so your actual fee structure shapes the final figure.

Since there is no exam to outscore anyone in, your documents and the honesty and completeness of your form do all the talking. A rushed, half-filled application is the only exam you can fail here.

• Class 10 and Class 12 marksheets
• Proof of admission to the current first-year program, admission letter or fee receipt
• The institute’s fee structure, since amounts are fee-linked
• Parental income proof covering all sources, income certificate or ITR as specified in the form
• Identity proof such as Aadhaar
• Passport-size photograph
• Disability certificate, single-parent or orphan-status documents if you fall in a preference category
• Bank account details of the student

1. Open the official application page: https://www.buddy4study.com/page/bajaj-finserv-scholarship-program
2. Click the Apply Now button and register or log in with your Buddy4Study account.
3. Fill the application form carefully. Course, college NIRF status, income figures, everything gets verified later, so accuracy beats speed.
4. Upload the documents listed above.
5. Review once, submit, and save the confirmation for your records.
6. Do all of this before 5 October 2026. The deadline is a hard cutoff.

And the standard warning that bears repeating every scholarship season. The application is free. Nobody legitimate will call you asking for a processing fee, an OTP or bank details to “confirm your selection”. Anyone who does is a scammer, full stop.

Is the Rs 10 lakh for every selected student? No. Rs 10 lakh per year is the maximum, applicable to MBA/PGDM/PGP students, and actual amounts are fee-linked. B.E./B.Tech. students can get up to Rs 2 lakh per year and M.E./M.Tech. students up to Rs 1.5 lakh per year.

I am a second-year student. Can I apply? No. The program is only for students in the first year of their course in the 2026-27 academic year.

My college is NIRF ranked 40. Am I eligible? No. The listing restricts eligibility to Top 25 NIRF-ranked colleges, and preference goes to the Top 10 as per NIRF 2025.

My MBA tuition is fully waived. Is there anything for me? Yes. Fully fee-waived MBA/PGDM/PGP students can receive Rs 2.5 lakh per year for hostel, mess and essential academic expenses, subject to the program’s conditions.

Is there an entrance test or interview? There is no written exam. Selection is based on the application, the eligibility criteria and document verification.

What is the last date? 5 October 2026, online applications only, through the official Buddy4Study page linked above.

Most scholarships ask you to be brilliant or poor. This one is built for a very real, very common Indian situation, a student talented enough to enter a top-ranked college, from a family for whom that college’s fee structure is a genuine strain. If that describes you, the form is free, the exam does not exist, and the deadline is 5 October 2026.

Apply here: Bajaj Finserv Scholarship Program FY 2026-27