The HDFC Bank Parivartan Scholarship is a flagship initiative under the bank’s social responsibility program called Educational Crisis Scholarship Support (ECSS). This scholarship aims to provide financial assistance to meritorious and underprivileged students across India who are facing personal or economic hardships that may disrupt their education. It’s a significant step by HDFC Bank to bridge the educational gap and empower youth through learning.
Overview
The HDFC Parivartan Scholarship is available for students studying at various academic levels – from Class 1 to postgraduate courses. The objective is to support students from economically weaker sections of society to continue their education without interruption due to financial difficulties. The scholarship is especially important for families who have experienced recent crises, such as the loss of a parent, serious illness, or job loss.
Types of Scholarships
HDFC offers this scholarship under two major categories:
- Merit-cum-Need-Based Scholarship (for regular students)
- Crisis-Based Scholarship (for students facing sudden family or financial crises)
Both categories aim to reduce the dropout rate among students due to financial constraints.
Eligibility Criteria
The eligibility varies slightly depending on the academic level of the student:
- For School Students (Class 1 to 12):
- Must be studying in a recognized Indian school.
- Annual family income should be less than ₹2.5 lakh.
- Minimum 55% marks in the previous academic year.
- For Diploma/ITI/Undergraduate/PG Students:
- Must be enrolled in recognized universities or technical institutions in India.
- Family income must be below ₹2.5 lakh per annum.
- Must have scored at least 55% in the last exam.
- For Crisis-Based Applicants:
- Should be facing an emergency or financial crisis in the family such as loss of job, death of earning member, or a major health issue.
- Proof of crisis must be provided through documents.
Scholarship Amount
The amount granted varies according to the academic level:
- Class 1 to 6 – ₹15,000 per year
- Class 7 to 12 – ₹18,000 per year
- Diploma/ITI Students – ₹20,000 per year
- Undergraduate Courses – ₹30,000 per year
- Postgraduate Courses – ₹35,000 per year
The scholarship is provided for one academic year but may be renewed based on the student’s performance and continued financial need.
Documents Required
To apply for the HDFC Parivartan Scholarship, the following documents are typically required:
- Marksheet of previous academic year
- Income certificate or salary slip
- Identity proof (Aadhaar card, voter ID, etc.)
- Admission proof of current academic year
- Bank account details
- Crisis-related documents (if applying under crisis category)
How to Apply
Students can apply online through the official Buddy4Study portal, which is the implementation partner for HDFC Bank for this program. Here’s the step-by-step process:
- Visit: LINK In Post Below
- Search for “HDFC Bank Parivartan Scholarship.”
- Click on “Apply Now.”
- Register or log in using an email/mobile number.
- Fill in the application form carefully.
- Upload the required documents.
- Submit the application.
Selection Process
The selection process includes multiple stages:
- Shortlisting – Based on academic merit and financial need.
- Verification – Document and background verification by the scholarship team.
- Final Selection – Telephonic or face-to-face interview (in some cases).
Conclusion
The HDFC Parivartan Scholarship is not just financial aid—it is a ray of hope for thousands of students struggling to stay in school or college due to poverty or crises. By focusing on merit and need, HDFC is nurturing a generation that believes in education as a tool for transformation. Students who meet the criteria are encouraged to apply and take advantage of this life-changing opportunity.