TATA PARAS Scholarship Programme 2023-24 | Undergraduate, Postgraduate, Diploma Students | [ Scholarship Amount of 25k ] Apply by 15 Dec

In the pursuit of academic excellence, financial constraints often pose a significant challenge for aspiring students, particularly those from underprivileged backgrounds. Recognizing this need, TATA AIA Life Insurance Company Limited has launched the TATA PARAS Scholarship Programme 2023-24, a CSR initiative aimed at supporting the education of meritorious and underprivileged students. This comprehensive scholarship program extends financial assistance to students pursuing undergraduate, postgraduate, and diploma courses in professional fields.

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About the TATA

Tata AIG General Insurance Company Limited is an Indian general insurance company and a joint venture between the Tata Group and American International Group (AIG). Tata Group holds a 74 percent stake in the insurance venture with AIG holding the balance of 26 percent.

Tata AIG General Insurance Company, which started its operations in India on 22 January 2001, provides insurance to individuals and corporations. It offers a range of general insurance products including insurance for automobile, home, personal accident, travel, energy, marine, property, and casualty as well as specialized financial lines. The company’s products are available through distribution channels like agents, brokers, banks (Through bank assurance tie-ups), and direct channels like telemarketing, digital marketing, worksite etc.

About the Program

PARAS Scholarship Programme 2023-24 is a CSR initiative of TATA AIA Life Insurance Company Limited that aims to support the education of meritorious and underprivileged students. Under this program, students who are studying in the first year of graduation, postgraduation, or PG diploma courses in professional fields such as Commerce, Economics, Accounting and finance, Banking, Insurance, Management, Data Science, Statistics, Risk Management, and other related fields shall be entitled to receive one-time scholarship support of up to ₹25,000. Buddy4Study is the implementation partner for this scholarship program.

Tata AIA Life Insurance Company Limited (Tata AIA) is a joint venture company formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata’s pre-eminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world, spanning 18 markets in the Asia Pacific region. Committed to a prosperous future, it also fulfills its Corporate Social Responsibility (CSR) by impacting society positively and this scholarship program is one such initiative. 

PARAS Scholarship Programme for Postgraduate Students 2023

Eligibility Criteria

Open for students studying in the first year of graduate programs such as B.Sc., B.Com., BBI, B.A., BBA, or postgraduate courses such as M.Com., M.Sc., M.A., etc. in Commerce, Economics, Accounting and Finance, Banking, Insurance, Management, Data Science, Statistics, Risk Management, and other related fields.

Applicants must have secured at least 50% marks in their previous class/semester.

The annual family income of applicants should not exceed ₹5 lakh from all sources.

Students from pan India are eligible to apply.

NOTE: 

Children of TATA AIA employees/leaders/agents/distribution partners etc. and Buddy4Study employees are not eligible to apply reference will be given to economically backward students from Scheduled Castes (SC), Scheduled Tribes (ST), Persons with Disabilities (PwD) and girls.

Preference will be given to COVID-affected students who have lost any of their earning members/parents since January 2020 or whose earning family members have lost livelihood/employment during the pandemic.

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Benefits:

INR 25,000 per year

Documents

• Passport-size photograph of the applicant
• Attested mark sheet of the last qualified examination
• College admission proof (Admission Letter/Institution ID Card, etc.)
• Proof of identity (Aadhaar Card/Driving License/PAN Card, etc.)
• Proof of address (Aadhaar Card/Driving License/Electricity Bill, etc.)
• Proof of family income such as ITR, salary slips, income certificate by a concerned government authority, etc.
• Attested photocopy of caste certificate issued by the competent authority (if applicable)
• Bank details of applicants (or parents)
• Statement of purpose/essay
• Crisis document and disability certificate (if applicable)

How can you apply?

Click on the ‘Apply Now‘ button provided below.

Login to Buddy4Study using a registered ID to land on the ‘Online Application Form Page.’

If not registered – register at Buddy4Study with your Email/Mobile Number/Gmail account.

You will now be redirected to the ‘PARAS Scholarship Programme 2023-24′ application form page.

Click on the ‘Start Application’ button to begin the application process.

Fill in the required details in the online application form.

Upload the required documents.

Accept the ‘Terms and Conditions’ and click on ‘Preview.’

Review the preview screen to ensure that all the filled-in details are correct.

If all the details appear correctly on the preview screen, click on the ‘Submit’ button to complete the application process.

PARAS Scholarship Programme for PG Diploma Students 2023

Eligibility Criteria

Open for students studying in the first year of PG Diploma courses in fields such as Commerce, Economics, Accounting & Finance, Banking, Insurance, Management, Data Science, Statistics, Risk Management, and other related fields.

Applicants must have secured at least 50% marks in their previous class/semester.

The annual family income of applicants should not exceed ₹5 lakh from all sources.

Students from pan India are eligible to apply.

NOTE: 

• Children of TATA AIA employees/leaders/agents/distribution partners etc. and Buddy4Study employees are not eligible to apply.
• Preference will be given to economically backward students from Scheduled Castes (SC), Scheduled Tribes (ST), Persons with Disabilities (PwD), and girls.
• Preference will be given to COVID-affected students who have lost any of their earning members/parents since January 2020 or whose earning family members have lost livelihood/employment during the pandemic.

Benefits:

INR 15,000 per year

Documents

• Passport-size photograph of the applicant
• Attested mark sheet of the last qualified examination
• College admission proof (Admission Letter/Institution ID Card, etc.)
• Proof of identity (Aadhaar Card/Driving License/PAN Card, etc.)
• Proof of address (Aadhaar Card/Driving License/Electricity Bill, etc.)
• Proof of family income such as ITR, salary slips, income certificate by a concerned government authority, etc.
• Attested photocopy of caste certificate issued by the competent authority (if applicable)
• Bank details of applicants (or parents)
• Statement of purpose/essay
• Crisis document and disability certificate (if applicable)

How can you apply?

Click on the ‘Apply Now‘ button provided below.

Login to Buddy4Study using a registered ID to land on the ‘Online Application Form Page.’

If not registered – register at Buddy4Study with your Email/Mobile Number/Gmail account.

You will now be redirected to the ‘PARAS Scholarship Programme 2023-24′ application form page.

Click on the ‘Start Application’ button to begin the application process.

Fill in the required details in the online application form.

Upload the required documents.

Accept the ‘Terms and Conditions’ and click on ‘Preview.’

Review the preview screen to ensure that all the filled-in details are correct.

If all the details appear correctly on the preview screen, click on the ‘Submit’ button to complete the application process.

PARAS Scholarship Programme for Undergraduate Students 2023

Eligibility Criteria

Open for students studying in the first year of undergraduate courses such as B.Com., BBA, B.Sc., B.A., and BBI in Commerce, Economics, Accounting & Finance, Banking, Insurance, Management, Data Science, Statistics, Risk Management, and other related fields.

Applicants must have secured at least 50% marks in their previous class/semester.

The annual family income of applicants should not exceed ₹5 lakh from all sources.

Students from pan India are eligible to apply.

NOTE: 

• Children of TATA AIA employees/leaders/agents/distribution partners etc and Buddy4Study employees are not eligible to apply.
• Preference will be given to economically backward students from Scheduled Castes (SC), Scheduled Tribes (ST), Persons with Disabilities (PwD), and girls.
• Preference will be given to COVID-affected students who have lost any of their earning members/parents since January 2020 or whose earning family members have lost livelihood/employment during the pandemic.

Benefits:

INR 15,000 per year

Documents

Passport-size photograph of the applicant

Attested mark sheet of the last qualified examination

College admission proof (Admission Letter/Institution ID Card, etc.)

Proof of identity (Aadhaar Card/Driving License/PAN Card, etc.)

Proof of address (Aadhaar Card/Driving License/Electricity Bill, etc.)

Proof of family income such as ITR, salary slips, income certificate by a concerned government authority, etc.

Attested photocopy of caste certificate issued by the competent authority (if applicable)

Bank details of applicants (or parents)

Statement of purpose/essay

Crisis document and disability certificate (if applicable)

How can you apply?

Click on the ‘Apply Now‘ button provided below.

Login to Buddy4Study using a registered ID to land on the ‘Online Application Form Page.’

If not registered – register at Buddy4Study with your Email/Mobile Number/Gmail account.

You will now be redirected to the ‘PARAS Scholarship Programme 2023-24′ application form page.

Click on the ‘Start Application’ button to begin the application process.

Fill in the required details in the online application form.

Upload the required documents.

Accept the ‘Terms and Conditions’ and click on ‘Preview.’

Review the preview screen to ensure that all the filled-in details are correct.

If all the details appear correctly on the preview screen, click on the ‘Submit’ button to complete the application process.

Deadline Date

15-Dec-2023

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How To Apply?

Click on the below button to apply for the TATA

Conclusion

The TATA PARAS Scholarship Programme 2023-24 stands as a testament to TATA AIA Life Insurance Company Limited’s commitment to social responsibility and its dedication to empowering the future of India. By providing financial support to meritorious and underprivileged students, the program empowers them to overcome financial obstacles and break the cycle of poverty, paving the way for a brighter future.