Education is one of the strongest foundations for building a successful future, yet many students in India face challenges in pursuing higher studies due to financial constraints. Recognizing this concern, Kotak Mahindra Life Insurance Company Limited has launched the Kotak Life Insurance Scholarship Program 2025-26, aimed at empowering meritorious students from Tamil Nadu and Maharashtra who wish to pursue undergraduate studies in the commerce stream.
This initiative is designed to bridge the gap between ambition and affordability by providing financial assistance of up to ₹30,000 per year to deserving students. The scholarship specifically targets those enrolled in the first year of the Bachelor of Commerce (B.Com) program in recognized colleges.
In this detailed guide, we’ll cover everything you need to know about the scholarship, including its objectives, eligibility criteria, benefits, application process, important dates, and tips for students to maximize their chances of selection.
🎯 Objective of the Kotak Life Insurance Scholarship Program
The main objective of the Kotak Life Insurance Scholarship Program 2025-26 is to ensure that financial limitations do not prevent capable students from accessing quality higher education. Commerce is one of the most sought-after streams in India, leading to diverse career paths such as accounting, finance, banking, business management, taxation, and entrepreneurship.
By offering financial assistance, Kotak Life Insurance aims to:
- Support students from economically weaker backgrounds.
- Encourage meritorious students to continue higher education without dropping out due to financial hardship.
- Build future professionals in the field of commerce who can contribute to the nation’s economic growth.
- Promote inclusivity and equal opportunity in higher education.
This initiative also reflects Kotak’s commitment to Corporate Social Responsibility (CSR) by investing in the education sector, which directly benefits society in the long run.
📌 Eligibility Criteria
To ensure that the financial aid reaches the right students, Kotak Life Insurance has set clear eligibility guidelines. Students must carefully go through the following conditions before applying:
- Residential and Academic Criteria
- Open only to students from Tamil Nadu and Maharashtra.
- Applicant must be enrolled in the first year of a Bachelor of Commerce (B.Com) program at a recognized college.
- Academic Performance
- The student must have secured 60% or more marks in both Class 10 and Class 12 examinations.
- Family Income Condition
- The applicant’s annual family income should not exceed ₹3,60,000 (3.6 lakh).
- Restrictions
- Children of employees of Kotak Mahindra Life Insurance Company Limited and Buddy4Study (the scholarship platform partner) are not eligible to apply.
- Special Consideration
- A one-year academic gap will be accepted.
- The scholarship has 46 preferred colleges listed under the program. Students are advised to check the full list on the official page before applying.
💰 Scholarship Benefits
One of the most attractive features of this scholarship is the financial support it provides.
- Scholarship Amount: Up to ₹30,000 per year.
- Duration: The scholarship support is provided on an annual basis and is subject to performance review and continuation criteria set by the company.
- Coverage: The scholarship amount can be used to cover tuition fees, academic expenses, and other educational requirements.
For students facing financial stress, this assistance can make a significant difference by reducing their family’s burden and allowing them to concentrate on academics and skill-building.
📅 Important Dates
- Last Date to Apply: 7th September 2025
- Application Mode: Online only
Students should ensure that they complete the application process well before the deadline to avoid last-minute technical glitches.
🖥️ How to Apply Online
The application process for the Kotak Life Insurance Scholarship Program 2025-26 is completely online through Buddy4Study. Students must follow these steps:
- Visit the official scholarship page using the short URL: www.b4s.in/ksa/KLISP3.
- Read the instructions and eligibility criteria carefully.
- Click on the ‘Apply Now’ button.
- Register on Buddy4Study (if not already registered) using your email ID, mobile number, or social login.
- Fill out the scholarship application form with the required details such as:
- Personal information
- Educational details
- Family income details
- College enrollment details
- Upload the necessary documents, which may include:
- Mark sheets of Class 10 and 12
- Admission proof for B.Com program
- Income certificate issued by a competent authority
- Passport-size photograph
- Identity proof (Aadhaar card, voter ID, etc.)
- Review the application and submit it online.
Applicants will also find a QR Code for quick access to the application page:
📖 Why This Scholarship Matters
For many students in Tamil Nadu and Maharashtra, pursuing higher education in commerce is a stepping stone toward careers in banking, insurance, taxation, accounting, chartered accountancy, and financial management. However, the rising cost of education often forces students from economically weaker families to abandon their dreams.
The Kotak Life Insurance Scholarship Program 2025-26 not only provides monetary relief but also:
- Reduces dropout rates in higher education.
- Promotes gender equality by supporting both male and female students.
- Encourages students to focus on academic excellence instead of financial struggles.
- Acts as a motivator for students to explore careers in commerce and related sectors.
🔑 Tips for Applicants
To increase your chances of selection, keep the following points in mind:
- Ensure that you meet all eligibility criteria before applying.
- Keep scanned copies of required documents ready for smooth upload.
- Provide accurate and complete information in the application form.
- Highlight your academic achievements and financial need clearly.
- Apply as early as possible—avoid waiting until the last date.
🌟 About Kotak Life Insurance
Kotak Mahindra Life Insurance Company Limited, a part of the Kotak Mahindra Group, is one of India’s leading private life insurance companies. Apart from providing financial security and insurance services, Kotak actively engages in Corporate Social Responsibility (CSR) initiatives in areas like education, healthcare, and community development.
The Kotak Life Insurance Scholarship Program is a testament to the company’s belief that education is the strongest tool for empowerment and social upliftment.
📌 Quick Snapshot
- Scholarship Name: Kotak Life Insurance Scholarship Program 2025-26
- Organized by: Kotak Mahindra Life Insurance Company Limited
- Eligibility: First-year B.Com students from Tamil Nadu & Maharashtra with 60%+ in Class 10 & 12; annual family income ≤ ₹3.6 lakh
- Reward: Up to ₹30,000 per year
- Application Deadline: 7th September 2025
- Mode of Application: Online only
- Apply Here: www.b4s.in/ksa/KLISP3
📝 Conclusion
The Kotak Life Insurance Scholarship Program 2025-26 is more than just financial aid—it is an opportunity for deserving students to pursue their academic goals without compromise. By focusing on B.Com students from Tamil Nadu and Maharashtra, the program is investing in the next generation of financial experts, entrepreneurs, and business leaders.
If you are eligible, don’t miss this chance. Apply before 7th September 2025 and take the first step towards shaping a brighter future.