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HDFC Bank introduces scholarships for covid-affected students

HDFC Bank has launched Covid Crisis Support Scholarships for students who have been impacted by covid. The scholarships are part of Parivartan, the bank’s CSR program. The program is meant for school students as well as those pursuing UG, PG and diploma courses. Needy students will be provided with a one-time financial assistance ranging from Rs 15,000 to Rs 75,000. The program is available to students who have lost either or both of their parents or whose earning family member(s) have lost their employment (or livelihood) during the pandemic. The bank said it has created a corpus of Rs 90 million for the Parivartan Covid Crisis Support Scholarship and hopes to help around 3200 students under two categories – School (from class 1 to 12) covering around 1,800 students, and college (diploma, graduation & PG courses) covering around 1400 students

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