Canara Bank Scholarship 2020 – Eligibility, Rewards, Apply Online Now!

The University Grants Commission or UGC has tied up with Canara Bank in association with the Public financial management system or PFMS to create a unique scholarship disbursal system. This scholarship scheme is governed by the stipulations laid down by the UGC to facilitate a transparent and reliable direct benefit transfer system. Accordingly, this scholarship is popularly called Scholar’s corner because of its popularity among the masses and its outreach to help students and engage them in research activities.

Directly speaking, Canara Bank acts as the nodal center or the mid-facilitation center for a host of disbursal activities. Students can find a lot of useful content in this article. We are providing various information related to Canara Bank Scholarship 2020 in detail, like the list of scholarships, complete eligibility criteria of these schemes, the detailed application process, various documentation required for the application, rewards achieved through this scholarship, renewal process, important information and FAQs, contact details, etc.

Canara Bank Scholarship 2020 – Overview

List of Canara Bank Scholarship

To begin with, the Canara Bank scholarships have a host of schemes to help meritorious candidates at higher levels of studies. The entire list of scholarships has been explained below:

Canara Bank Scholarship – Eligibility Criteria

Every scheme under the Canara Bank scholarships has unique eligibility conditions according to the level of students applying for them. All candidates should check the eligibility criteria before applying to these scholarships. The detailed list of eligibility conditions has been tabulated below:

Canara Bank Scholarship Application Process – How t Apply?

For the convenience of users and easy processing of scholarship applications, the entire procedure has been made online. All aspirants, after checking their eligibility criteria, should apply within the stipulated application dates. Late entries after the deadline is reached, shall not be entertained, and entries that are not complete and given with wrong information shall also not be taken into account. The following table explains the appropriate online portal to be used in order to apply for particular schemes.

Guidelines for submitting online applications for Canara Bank Scholarship

• Visit the official portal of Canara bank scholarships – scholarship.canarabank.in/scholar/login.aspx
• As a first time visitor, every user needs to register on the website. Click on ‘New-User Registration.’
• In the registration form, select the scheme you are going to apply for, student ID, date of birth, and e-mail id details.
• The system shall mail a password to the e-mail id you provided.
• Candidates can now login into the portal officially with their student ID and password.
• Based on the scheme chosen, candidates shall be redirected to the respective scholarship relevant portal.
• Fill in all details pertaining to the application form.
• Scan and upload relevant documents in the portal.
• Check for correct data and entry and approve your information before proceeding to the next step.
• Once all details are correct, and all documents are uploaded, click on the SUBMIT button for further processing.
• Save the submitted application form as pdf or download a copy and take a print out of the same.

Documents Required For Canara Bank Scholarship 

Schemes provided on the Canara Bank scholarship portal vary in their offers and the amount of grant provided. They are also provided based on the financial status of the candidate’s family and social standing. The list of documents shall be a supportive collection to validate all these details pertaining to the candidate. 

List of documents to be submitted

• Aadhaar Card 
• Caste certificate [ wherever applicable] 
• Income certificate [ wherever applicable]
• Minority certificate [ wherever applicable]
• Domicile certificate
• Bonafide certificate from an educational institution
• Identity proof
• Proof of residence 
• Copies of the last qualifying exam passed.
• The first page of bank passbook 
• Physical disability certificate [ wherever applicable]

Canara Bank Scholarship – Benefits & Rewards

Due to the huge number of schemes on offer, Canara Bank scholarships in association with UGC is offering various cash grants and benefits for meritorious and deserving students. Every scholarship, in turn, covers a whole list of rewards and benefits; the same has been tabulated below for quick reference:

Canara Bank Scholarship – Renewal Process

A candidate, who receives this scholarship, should ensure submission of renewal form within the stipulated date to continue receiving benefits for the next year of study. In this regard, candidates need to fill in a renewal form with updated details and submit the same within the deadline. Follow these guidelines for the renewal process:

• On receipt of the renewal application form for a scholarship, a renewal action process shall be taken up by the commission.
• Students should ensure minimum attendance criteria and clear the exams with good merit scores.
• Those candidates who fail to clear the exam in the current year of study shall stop receiving benefits for the next year, and such renewal requests shall be terminated. The scholarship amount shall also be forfeited. 
• Changing streams/ courses/ subjects of study shall not be accepted for renewal of the scholarship. A candidate is expected to study in the same course for the entire length of the scholarship grant.
• Candidates shall enter the latest updated data in the renewal application form and upload all relevant documents to reflect the changes and thus submit the form for renewal. 

Canara Bank Scholarship – Important Instructions 

• The application period provided is bound to change from time to time. Candidates need to check updated information on the official website.
• There is always relaxation in the upper age limit provided in the eligibility conditions. Usually, SC/ST categories have a relaxation of 5 years in the upper age limit. 
• In the ‘Lock and Save Application’ option, candidates can make changes or edit data accordingly. After submission, no more changes can be made. 
• Most of these schemes require that students be studying in government or private institutions only. Deemed universities do not come under the purview of these scholarships. 
• There is no further requirement of applicants to forward hard copies of applications after online form submission. 

Canara Bank Scholarship – Frequently Asked Questions

• Who are the main beneficiaries of this scholarship?

This scholarship is mainly aimed for postgraduate students who have a keen interest in the area of research activities. 

• Is Canara Bank the sole facilitator of these scholarships?

UGC has tied up with Canara bank to facilitate the Direct Bank transfer method of disbursing scholarships to deserving candidates. 

• Is there a common application portal for all these scholarships listed?

No. Candidates have to apply via various channels. Canara Bank scholarship portal acts as the one-stand platform for disbursing the scholarship amount appropriately. 

• Do all schemes have the same application period involved?

No, based on the operation period of the scholarship type, their application period also varies and is not the same for all schemes. 

• Is there any registration fee involved to register candidates on the website for scholarship application?

Candidates need not pay any fees to apply for these scholarships. 

Contact Details

Contact the UGC team/ Canara bank scholarship division in case of any queries. Their contact details are provided below:

The Divisional Manager, Canara Bank Circle office, Spencer Towers, No.86, M G Road, Bangalore – 560 001

Phone Number: 080 – 2532 6633