All of them have secured jobs with an average annual income of Rs 8 lakhs. According to the company's press release IDFC FIRST Bank's scholarship programme is open to students who are accepted for MBA program across select 119 B-schools in India. This year, students meeting the following eligibility criteria can apply for the scholarship between August 3 to September 2, 2021: – The student must be an Indian national and enrolled for a two-year full-time MBA 2021-23 batch, or its equivalent in an Indian university or college that is part of the programme – Must come from a family that has gross annual income from all sources less than or equal to Rs 6 lakhs per annum Rachana Iyer, Head – Corporate Social Responsibility, IDFC FIRST Bank said, "At IDFC FIRST Bank, we are committed to the cause of education.