With funding from Hero FinCorp, the Raman Kant Munjal Foundation is launching the Raman Kant Munjal Scholarships 2024–2025 to enable finance students to realize their professional goals and create a stable future. This scholarship offers financial assistance of up to INR 5,50,000 per year for three years to students enrolled in first-year BBA, BFIA, and B.Com. (H, E), Bachelor of Management Studies (BMS), Integrated Program in Management (IPM), B.A. (Economics), Bachelor in Business Studies (BBS), Bachelor of Banking and Insurance (BBI), Bachelor of Accounting and Finance (BAF), B.Sc. (Statistics), or other finance-related degree courses.
About Raman Kant Munjal Foundation
Hero Group’s Raman Kant Munjal Foundation aims to uplift and energize people’s lives by providing support to the underprivileged and empowering them to create a more joyful and healthy community and society. The foundation oversees several programs in the areas of education, environmental protection, skill development, and community development. The Raman Kant Munjal Scholarships 2024–25 are another one of its programs to help poor students pursue degrees in finance-related fields.
Also Read: Bharti Airtel Scholarship Program
The objective of the Raman Kant Munjal Scholarship
The main objective of launching this scheme is to provide financial assistance to students who are pursuing finance-related degrees. Under this scheme, the Raman Kant Munjal group along with the help of Hero FinCorp will assist students financially by giving them rupees 5,50,000 yearly. Through this scheme, the students can complete their studies without any financial burden. The scheme will be a good step towards increasing the literacy rate and will encourage students to achieve their goals.
Key Highlights of Raman Kant Munjal Scholarship
| Name of the scheme | Raman Kant Munjal Scholarship |
| Introduced by | Raman Kant Munjal Group along with the help of Hero FinCorp |
| Beneficiaries | Students who are pursuing any finance related degree |
| Benefits | Under this scheme they will provide financial assistance of rupees 5,50,000 per year to the students |
| Last date of application | 15th September 2024 |
| Application Mode | Online |
| Academic session | 2024-25 |
| Official website | https://scholarshiplearn.com/raman-kant-munjal-scholarship/ |
Eligibility Criteria
The eligibility criteria for applying under this scheme is simple and is given below:-
- Eligible candidates include those enrolled in the first year of the following degree programs: Bachelor of Business Studies (BBS), Bachelor of Banking and Insurance (BBI), Bachelor of Accounting and Finance (BAF), Bachelor of Management Studies (BMS), Integrated Program in Management (IPM), Bachelor of Arts (Economics), Bachelor of Business Studies (BBS), Bachelor of Science (Statistics), or any other degree program related to finance.
- Candidates must have completed Classes 10 and 12 with a minimum grade of 80.
- The applicants’ family income should not exceed INR 4 lakh per year.
- Only Indian citizens can apply for this scheme.
Also Read: Redington Scholarship
Eligible Courses
The courses which are eligible for applying under this scheme are given below:-
- Students enrolled in the first year of BBA, BFIA, B.Com. (H, E), BMS, IPM, B.A. (Economics), BBS, BBI, BAF, B.Sc. (Statistics), or any other finance-related degree.
Financial Benefits
The Raman Kant Munjal group will provide financial assistance of rupees 5,50,000 per year to the students who are pursuing finance-related degree.
Important Dates
| Application Starting Month | June 2024 |
| Application Closing Month | 15th September 2024 |
| Result announcement Month | November 2024 |
Required Documents
The documents required for registering under this scheme are given below:-
- 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 the 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
Selection Process
The selection process will be based on the following criteria:-
- Candidate shortlisting will be based on financial status and academic standing, document validation
- The shortlisted candidates have a telephone interview following document verification.
- Interviews with the Hero FinCorp leadership team for the chosen applicants.
- Final scholar selection following scholarship source approval.
Raman Kant Munjal Scholarship Apply Online 2024
The application process for applying under this scheme is simple and is given below step by step:-
Step 1:- firstly the candidates who are interested in applying under this scheme have to visit the official website of the scheme.
Step 2:-on the homepage of the official website you have to click on the apply now option.
Step 3:- After this an application form will be displayed on your screen, there you need to provide all the details that have been asked.
Step 4:- The candidates also need to attach the documents.
Step 5:- in the last step you need to recheck the details you have provided and finally click on the submit button to complete your registration process.
Contact Details
- Email: scholarships@rkmfoundation.org
- Phone: 011-430-92248 (Ext-326)
FAQs
The scheme has been launched by the Raman Kant Munjal group to provide financial assistance to students who are pursuing finance-related degrees.
The candidate should be a citizen of India.
The scheme will provide financial assistance of rupees 5,50,000 to the students yearly to complete their education.
Yes, you can apply online for this scheme by visiting the official website of the scheme.