IBS Bangalore Scholarship Details

Janki Sharma

IFCAI Business School (IBS) Bangalore is dedicated to providing applicants with a comprehensive educational experience by providing them with generous scholarships that can ease their financial burden. To be eligible for the scholarship, individuals must meet certain eligibility requirements. Recently, IBS has announced a scholarship worth INR 10 Crores in order to motivate the candidates who excel in the IBSAT 2023 test.

The applicants who are top-rank holders in IBSAT 2023, children of IBS alumni, belong to the physically challenged category, or are from the families of in-service or retired defense personnel from the Army, Air Force, Navy, and Paramilitary Forces are all eligible to be considered for the scholarships. IBS Bangalore offers the following scholarships.

• IBSAT Scholarships
• Scholarships for Wards of IBS Alumni
• Scholarships for Wards of Defense Personnel 
• Scholarships for Physically Challenged Candidates
• Education Loan

IBSAT Scholarships

• IBSAT 2023 Scholarships are offered by IBS for the top performers in the test.
• IBSAT 2023 is scheduled to be held in the third week of December 2023.
• The aspirants planning to apply for an MBA at IBS Bangalore should also appear for IBSAT 2023 in order to be considered for this scholarship.
• Apart from the IBSAT toppers, wards of IBS alumni, wards of serving/retired defense personnel, and physically challenged candidates are also eligible for the IBSAT Scholarship.
• In addition to the above scholarships, IBS is also planning to award around 500 merit scholarships to the above category of students.
• Here, each scholarship amounts to INR  2 lakh per candidate, with the flexibility of adjusting INR 1 lakh each in the first and second term installments against the program fee.

Scholarships for Wards of IBS Alumni

• IBS Bangalore offers generous scholarships to the children of their alumni. 

Scholarships for Wards of Defense Personnel 

• IBS Bangalore offers scholarships to the children of Defense personnel.
• The wards of currently serving and ex-servicemen are both eligible to reap the benefits of scholarships. 

Scholarships for Physically Challenged Candidates

• IBS Bangalore offers massive financial help to physically challenged candidates.

Documents to be Submitted

The students would have to submit medical proof of their disability. 

Education Loan

• The Educational loans are obtained through various public sector and private sector banks and non-banking financial institutions.
• The Public and Private Sector Banks like HDFC Bank Ltd, Axis Bank, ICICI Bank, and IDFC First Bank help the students in obtaining educational loans with ease.
• HDFC Credila Financial Services Ltd is one such non-bank financial institution that provides educational loans at nominal interest rates.