NGO Scholarships – Federal Bank Hormis Memorial Foundation
About the foundation – Instituted by the Federal Bank, Federal Bank Hormis Memorial Foundation is a public charitable trust founded in the fond memory of late K. P. Hormis, the founder of the bank. Since its inception in 1996, the foundation has worked on different areas such as poverty, healthcare, sanitation, education, gender equality, women empowerment, etc. Over the years, the foundation is striving hard to inculcate awareness and better knowledge about banking in people through training programmes.
Scholarship/s offered – The foundation also offers a scholarship for students studying in the first year of professional courses with the name of Federal Bank Hormis Memorial Foundation Scholarship. Under this scholarship, the students from Gujarat, Maharashtra, Tamil Nadu and Kerala state receive a financial assistance of up to 100% tuition fee (subject to a maximum of INR 1 lakh per annum) for their MBBS, Engineering, BSc Nursing and agricultural courses.