The Raman Kant Munjal Foundation is offering the Raman Kant Munjal Scholarship 2024, aimed at supporting students from economically weaker backgrounds in their pursuit of higher education. This scholarship is available to candidates whose family income is below Rs. 4 lakh per annum. It provides financial assistance ranging from Rs. 50,000 to Rs. 5 lakh per year for students enrolled in specified undergraduate courses.
Eligibility for the scholarship requires applicants to have achieved at least 80% marks in their 10th and 12th standard examinations. The selection process includes several stages: an essay writing contest, a telephonic screening, a written test, and a personal interview. This thorough process ensures that the scholarships are awarded to the most deserving candidates.
The deadline for aspiring applicants to submit their applications for the Raman Kant Munjal Scholarship 2024 is 15th September 2023. By providing financial aid and fostering access to quality education, this scholarship enables students to pursue finance-related courses and achieve their career aspirations. The initiative by the Raman Kant Munjal Foundation aims to bridge the gap in educational opportunities, empowering students to overcome financial barriers, achieve academic success, and contribute positively to society.
Raman Kant Munjal Scholarship 2024 Overview
| Launched By | Raman Kant Munjal Foundation |
| Name of Scholarship | Raman Kant Munjal Scholarship |
| Objective | To support students in their education |
| Benefits | Financial assistance from 50,000 to 5 lakh per annum |
| Eligibility Criteria | Students with financial income less than 4 lakh. |
Raman Kant Munjal Scholarships 2024 – Eligibility
Eligible Courses
Students pursuing the first year of the following degree courses are eligible:
- BBA
- BFIA
- B.Com. (H, E)
- Bachelor of Management Studies (BMS)
- Integrated Program in Management (IPM)
- B.A. (Economics)
- Bachelors in Business Studies (BBS)
- Bachelors in Banking and Insurance (BBI)
- Bachelors in Accounting and Finance (BAF)
- B.Sc. (Statistics)
- Any other finance-related degree courses
Academic Requirements
Applicants must have secured a minimum of 80% marks in Classes 10 and 12 examinations.
Family Income Criteria
The annual family income of the applicants should be less than INR 4 lakh.
Nationality
Open to Indian nationals only.
Ineligible Applicants
Children of employees/contract employees of Hero FinCorp, Raman Kant Munjal Foundation, and Buddy4Study are not eligible to apply.
Raman Kant Munjal Scholarships 2024 – Award Details
Scholarship Amount
Scholarships ranging from INR 40,000 to INR 5,00,000 per year will be awarded to each scholar for a period of 3 years to complete their education.
Note: The exact scholarship amount will depend on the accepted college fee.
Documents Required
- Marksheet of Class 10 and 12
- Aadhaar card of the applicant
- Pan card and Aadhaar card of the parents
- Income proof [ITR (all 7 pages reflecting all accounts)/Income Certificate/Salary slip of salaried parents]
- Bank account statements of applicant’s parents
- Current year admission proof
- College fee receipt/demand receipt issued by the college
- Affidavit (stating that all the documents provided by the applicants are true to their knowledge)
- Passport size photograph
Note: The applicant will be required to upload all the self-attested documents.
Benefits of Raman Kant Munjal Scholarship 2024
- Designed for students from economically weaker sections.
- Selected students will receive a scholarship amount from INR 50,000 to INR 5 lakh, depending on their college fees.
- The scholarship amount is continued for the duration of 3 years.
- Provides funding to enroll in finance-related courses at reputable universities.
- Helps students pursue their aspirations for a successful career and a better quality of life.
Selection Process
The selection process includes:
- Application form
- Essay Writing
- Telephone screening
- Written test
- Personal interview
Detailed Steps:
- Application Form
- Essay form
- 1st Round of Telephonic Interview Call
- Documents Submission including college acceptance letter
- Final Round of Interview (Telephone or Face-to-Face)
- Award given to the selected students
Raman Kant Munjal Scholarships 2024 – Application Process
Eligible candidates can apply online by following these steps:
- Visit the official scholarship page: RKM Foundation
- Read all the details carefully and click on the ‘Apply Now’ button of the respective scholarship category.
- Log in to Buddy4Study using a registered ID to land on the ‘Online Application Form Page’.
- If not registered, register with your Email/Mobile Number/Gmail account.
- You will be redirected to the ‘Raman Kant Munjal Scholarships 2024’ 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 relevant documents.
- Accept the ‘Terms and Conditions’ and click on ‘Preview’.
- If all the details filled in by the applicant are correctly showing on the preview screen, click on the ‘Submit’ button to complete the application process.
Contact Details
For any queries related to this scholarship program, its eligibility, the application process, award details, or the selection process, please connect through the contact details provided on the official RKM Foundation website.
Email: scholarships@rkmfoundation.org
Phone: 011-430-92248 (Ext-326)
Official Website – https://rkmfoundation.org
Our Homepage – NSP Scholarship 2024