Bangalore: HDFC Bank on Friday announced the launch of “HDFC Bank Meritus scholarship” that will shortlist the best 5000 students for an educational scholarships totalling Rs1.5 crore per year using various academic and non-curricular criteria.
The scholarship aims to cover class 4 to 9 students across the country.
It is running this programme in association with ‘Horlicks’.
The bank said in a statement the programme seeks to reward all-round excellence among students and help contribute to their overall development. The awardees from all over the country would receive a scholarship ranging from Rs2,500 to Rs10 Lakh.
To qualify for the scholarship, registered students have to undergo four rounds of tests — two telephonic and two written — over a period of 16 weeks.
To ensure that parents are equally involved in the overall progress of their child, the first two participation rounds would be conducted via telephone through an Interactive Voice Recording system, it was stated.