Canara Bank Scholarship 2024 - Eligibility And Process

Canara Bank Scholarship

In collaboration with Canara Bank, the University Grants Commission (UGC) releases a series of scholarships to help and motivate enthusiastic students to achieve their educational dreams. Prospective applicants are required to submit their applications through the dedicated Scholarship and Fellowship Management Portal, designated by the UGC which is also available at the official website of the Canara Bank.

The underlining point about the canara bank scholarship is that it caters to the needs and appraisal of a broad spectrum of students, including undergraduates, postgraduates, and even those pursuing professional courses. The bank's scholarship program usually revolves around the setting of encompassing applicants with academic merit, financial need, and other specific criteria related to the course of study. 

In short, Canara Bank launches scholarships recognized by UGC with the intention of motivating students, nurturing talent, and fostering an environment where financial constraints do not become a hurdle in gaining education for meritorious students. For the Canara Bank, these scholarships are like investments in the education of deserving individuals who are certain to create a brighter and more educated future for all.

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Eligibility Criteria for Scholarship

Candidates wanting to apply for the canara bank scholarship should be pursuing an undergraduate, postgraduate, professional, or research degree course. The applicant has to bear in mind that the bank offers a plethora of distinct scholarships that may mandate postgraduate qualification along with a maximum age limit.

Apart from this, the eligibility criteria also mention the candidate to be a permanent citizen of India. Many of their scholarships are particularly available for students with limited financial resources. Also, the non-availability of the required documents listed in each scholarship can lead to the rejection of the application.

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Benefits of Scholarship

Canara Bank distinguishes itself by providing not just one, but a multitude of scholarships in varying formats and disciplines. Thus, several students are able to access financial aid opportunities with the bank’s commitment to support more people in achieving their educational pursuits.

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Selection Criteria for Canara Bank Scholarship

Since the bank has varying options, it is advised to carefully check the canara scholar corner to understand the selection criteria outlined specifically for the scholarship of your preference. However, to give a glimpse of the general selection process, the Canara Bank may include a combination of the following factors to award its scholarships.

• Academic Merit
• Financial Need 
• Course of Study
• Research Topic
• Adherence to Application Guidelines

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Canara Bank Portal Login

Interested candidates may proceed with the application process online itself after checking their eligibility. Click directly on the link https://scholarship.canarabank.in/scholar/Login.aspx if you are an existing registered user or you may visit the canara scholarship portal alternatively. 

New users will have to start by registering themselves before they can log in to Canara Bank’s scholarship portal. After clicking the Registration Button, you will be required to enter your personal and other details correctly. This generally includes the Scheme, DOB, mail ID and Student ID (as registered with the University under the UGC Portal). Use the Find Student ID option in case you do not remember the exact ID.

Upon entering and saving the details, you will be prompted with Successful Registration and the login details will be sent to your registered mail id. Use the same to log into the Canara Bank’s portal. Choose your scholarship and submit other necessary details and documents to complete the application process.

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Documents Required for Scholarship

To increase your chances of securing the canara bank scholarship after being eligible for the same, it is essential to go through the list of mandatory documents to be attached along with the scholarship application. Apart from the particular documents varying from scholarship to scholarship, the common ones will be:

• Student ID
• Photo Identity 
• Age Proof
• Address Proof
• Income Certificate 
• Proof Of Family Income
• Caste Certificate (if applicable)
• Educational qualifications like 10th/ 12th/ UG/ PG/ or PhD marksheets and certificates
• Other significant documents like Bank Passbook, etc.

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Additional Information of Scholarship

To be a part of the canara bank fellowship and scholarship claimers, you will diligently have to go through the eligibility criteria of the chosen scholarship. Watch out for specific requirements like Full-time research, unemployment, physical disability, single girl child, North-East India region, published research work, belongingness to marginalized communities like OBC, annual family income, maximum age, minimum marks for UG and PG courses, etc.

Several scholarships offered by the Canara bank also demand registration of the applicant with courses like M.Phil and PhD in Sciences, Humanities, Social Sciences, or Engineering & Technology (full-time). For real-time updates and revised regulations, visit the scholar’s corner at the official Canara Bank Scholarship website.

Another key point to note down is that the scholarship gets disbursed through the CANARABANK UGC Portal. It means that the amount of the scholarship will be transferred to the student’s bank account directly for quick and easy use. As far as the scholarship amount is concerned, it spans from Rs. 5,000/- (per month) to Rs. 1 lakh or more, depending upon the scheme which currently are:

• Dr. S Radhakrishnan Postdoctoral Fellowship in Humanities & Social Science
• Kothari Fellowship
• NET-JRF Fellowship
• National Fellowship for Students of Other Backward Classes (OBC)
• Indira Gandhi Scholarship Scheme for Single Girl Child
• Rajiv Gandhi National Fellowship for SC
• Maulana Azad National Fellowship-Minority
• Ishan Uday-Special Scholarship Scheme for North Eastern Region
• Swami Vivekananda Single Girl Child Scholarship for Research in Social Sciences
• Post-Doctoral Fellowship to Women Candidates
• PG Scholarship for University Rank holders
• Post Doctoral Fellowship for SC & ST
• PG Scholarship for Professional Courses for SC/ST
• BSR Fellowships in Sciences
• PG Scholarship for M.E./M.Tech./M.Pharma to GATE/GPAT qualified candidates

Frequently Asked Questions

‍How can I check the status of my Canara Bank Scholarship application?

Having logged into the canara scholarship portal, the user will see their (Scholar) profile online. All ancillary details like pending documents if any, profile incompletion, successful submission of application, etc. will reflect therein easily.

What are the different steps in the selection process for the Canara Bank Scholarship?

Candidates will have to initiate the application process by filling out the form through the designated portal. After submitting the asked personal details and documents, the eligibility of the applicant will be verified. Eligible profiles may go through different further steps according to the mandates of the concerned scholarships offered by Canara Bank.

Written tests and interview rounds may be there in some of the schemes.

Is there an income limit to be eligible for the Canara Bank Scholarship?

In most of the grants offered by Canara Bank, family income or the applicant’s annual income may decide the eligibility. Scholarships dedicated to communities from weaker sections of society or students having limited financial resources usually put forth income limits. All schemes under Canara Bank fellowship set different limits.

‍Can I apply for two or more Canara Bank Scholarships simultaneously?

Interested applicants may be able to simultaneously apply for more than one Canara Bank Scholarship. However, it is suggested to read carefully the terms and conditions for each scholarship program to know if it comes with any restrictions or enables applying for multiple scholarships concurrently. 

‍How will I receive the Canara Bank Scholarship?

Upon successful selection for the Canara Bank Scholarship, the candidate will receive the benefits directly into the bank account specified by them in their application. Such a disbursement method enables the recipients to avail of the financial assistance swiftly and conveniently to achieve their educational pursuits.