Applications invited for Federal Bank Hormis Memorial Foundation Scholarship 2015-2016

November 26, 2015: Applications are invited for Federal Bank Hormis Memorial Foundation scholarships for the batch 2015-16, from students studying Medicine, Agriculture, Engineering, Nursing or MBA in the states of Kerala, Tamil Nadu, Gujarat and Maharashtra. Students applying for the scholarship should have secured admission under Government quota in Government, Aided and Self-financed colleges at any of the above mentioned states during the academic year 2015-16. The annual family income of the applicant should be below Rs. 3 lakh. The scholarship is instituted in memory of the founder of Federal Bank, Shri. K P Hormis.

The shortlisted twenty students in each discipline will be reimbursed 100% of their tuition fees, as per the fee structure, subject to a maximum of Rs. 1 Lakh per year. One seat in each discipline will be kept aside for physically challenged students, which shall be duly evidenced by a certificate issued by a Medical Officer not below the rank of DMO or an approved Medical Officer of the Bank. If applications are not received from eligible candidates under ?physically challenged? category, it will be utilized under general category.

Application form for the scholarship can be downloaded from the Bank?s website, www.federalbank.co.in. The duly filled in applications shall reach us at ?Head-CSR, Corporate Social Responsibility Cell (CSR), Federal Towers, Marine Drive, Ernakulam, Kerala- 682031? on or before 19th December, 2015.

About Federal Bank:
Federal Bank is a leading Private Sector Bank with a branch network of 1,251 branches and 1,528 ATMs spread across the country. The Bank?s total business mix (deposits + advances) stands at Rs 1.22 Lakh Crore as at March 31, 2015 and it has earned a net profit of Rs 1005.75 Crore. Bank?s Capital to Risk weighted Ratio (CRAR) stood at 15.46% at the end of March 31, 2015. Federal Bank has its Representative Office at Abu Dhabi that serves as a nerve centre for NRI customers in the UAE. Federal Bank is transforming itself, keeping its principles intact, into an organization that offers services beyond par. It has a well defined vision for the future as a guidepost to its progress.

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Url :- www.federalbank.co.in