Oil Merit Scholarship 2023: Oil India Limited has recently introduced the Oil Merit Scholarship, aimed at supporting students in pursuing higher education after completing their 11th and 12th grades. This scholarship is specifically available to children or dependents of oil company employees. The scholarship offers variable amounts based on the degree or course chosen by the student.
In this article, we will provide comprehensive information about the Oil Merit Scholarship 2023, including its purpose, eligibility criteria, benefits, features, required documents, and the online application process. Read on to learn all the details about this scholarship.
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Oil Merit Scholarship 2023
The Oil Merit Scholarship provides financial assistance to students for pursuing various programs, such as Class 10th, ITI courses, Engineering, MBBS, and MBA, through online registration. This scholarship is available to students residing in the oil operational areas of Dibrugarh, Tinsukia, Charaideo, Sivasagar district in Assam, and Changlang District in Arunachal Pradesh.
The scholarship aims to support students from both oil operational areas and non-oil areas by providing financial aid for their further studies. To be eligible for selection and scholarship disbursement, students need to secure the prescribed minimum marks in their previous year’s examinations.
| Name Of The Scholarship | Oil Merit Scholarship |
| Launched By | Oil India Limited |
| Delegated Ministry | Ministry of Electronics & Information Technology |
| Objective | To provide scholarships to the students for carrying out further studies |
| Benefit | Students will be able to get paid their fees |
| Applicable to | Citizens of India |
| Beneficiaries | Students |
| Beneficiary Category | Students living in the oil operational areas of Dibrugarh, Tinsukia, Charaideo, Sivasagar district of Assam, and Changlang District of Arunachal Pradesh |
| Eligible Caste Groups | SC, ST, OBC, BPL, & General |
| No of Eligible Caste Groups | 5 |
| Beneficiary Limit | 2600 |
| Mode of Transfer | DBT |
| Payment Mechanism | PFMS |
| Eligible Classes | Class 11th to Class 12th |
| No. of Eligible Classes | 2 |
| Eligible Courses | ITI, Engineering, and MBA |
| No. of Eligible Courses | 3 |
| Form of Benefit | Scholarship Amount |
| Amount of Benefit | Rs. 1000/- to Rs. 3000/- |
| Transferrable Type | Yearly/Monthly/One Time Payment Basis |
| Host Site | NIC (National Information Centre) |
| Mode of Application | Online |
| Last Date To Apply Online | Will be updated soon |
| Office Address | Corporate Office Oil India Limited Plot No. 19, Near Film City, Sector 16A, Noida – 201301 |
| Phone No | 0120-2419000 |
| Email ID | oilindia@oilindia.in |
| Official Website | www.oil-india.com |
Objectives of Oil Merit Scholarship
The primary objectives of the Oil Merit Scholarship are as follows:
- Provide financial assistance to students residing in the oil operational areas mentioned above, enabling them to pursue higher education.
- Grant variable scholarship amounts based on students’ merit performance in their previous year’s exams and their chosen course or degree.
Beneficiary Category
The Oil Merit Scholarship is available to the children or dependents of employees working in oil companies. However, even non-oil employees’ dependents can also avail themselves of the scholarship benefits.
Eligible Caste Groups
The scholarship is open to students belonging to the following caste groups:
- SC (Scheduled Caste)
- ST (Scheduled Tribe)
- OBC (Other Backward Classes)
- General
- BPL (Below Poverty Line)
Eligible Areas
Students from the following areas are eligible to apply for the scholarship:
- Dibrugarh
- Tinsukia
- Charaideo
- Sivasagar district in Assam
- Changlang District in Arunachal Pradesh
Eligible Courses/Classes/Degrees
The scholarship is applicable to the following courses/classes/degrees:
- Class 10th & Class 12th
- ITI Course
- Engineering
- MBBS
- MBA
Oil Merit Scholarship Last Date
The last date to apply for the Oil Merit Scholarship has not been updated through official social networking sites. Once the last date for online form submission is announced, it will be updated accordingly.
Benefits of Oil Merit Scholarship
The Oil Merit Scholarship offers the following benefits:
- Students can pursue their further studies in various courses and degrees.
- A total of 2600 students will be awarded scholarships.
- Variable scholarship amounts will be provided to students, enabling them to pursue their desired course or degree.
- The scholarship will uplift educational standards and boost students’ morale.
- It will contribute to increasing literacy rates and reducing dropout rates.
- Interested candidates should apply online before the last date to ensure timely registration.
Oil Merit Scholarship Amount
The rate of scholarship are as follows:-
| Courses/Classes/Degrees | Scholarship Amount |
| 10+/ITI | Rs. 1000 |
| Engineering | Rs. 3000 |
| MBBS | Rs. 3000 |
| MBA | Rs. 3000 |
Minimum Marks Cut-Off
The students will need to secure below-mentioned marks:-
| Courses/Classes/Degrees | Minimum Marks |
| 10+/ITI | Reserved Categories = 60% to 65% PWD = 50% |
| Engineering | Reserved Categories = 60% to 65% PWD = 50% |
| MBBS | Reserved Categories = 60% to 65% PWD = 50% |
| MBA | Reserved Categories = 60% to 65% PWD = 50% |
Beneficiary Limitation
The beneficiary limit for each Course/Class/Degree are as follows:-
| Courses/Classes/Degrees | Beneficiary Limitation |
| 10+/ITI | 2000 |
| Engineering | 300 |
| MBBS | 200 |
| MBA | 100 |
Features of Oil Merit Scholarship
The key features of the Oil Merit Scholarship are as follows:
- Oil India Limited has launched the Oil Merit Scholarship.
- The scholarship is available to students residing in specific oil operational areas.
- Students belonging to SC, ST, OBC, BPL, and General categories can apply.
- A total of 2600 scholarships will be awarded.
- Eligible students can pursue Class 10th to 12th, ITI, MBBS, Engineering, and MBA degrees.
- For further information, applicants can visit the official website.
Oil Merit Scholarship Eligibility Criteria
To apply for the Oil Merit Scholarship 2023, applicants must meet the following eligibility criteria:
- The student must be an Indian citizen.
- The student must reside in the oil operational areas mentioned earlier.
- Students must belong to one of the reserved categories: SC, ST, OBC, BPL, or General.
- Applicants should be enrolling in Class 10th to 12th, ITI, MBBS, Engineering, or MBA programs.
- Minimum qualifying marks in the previous year’s examination, according to the student’s caste, are required.
Important Documents
The following documents are required for applying online for the Oil Merit Scholarship:
- Aadhar Card
- Domicile Certificate
- BPL or Caste Certificate (SC, ST, OBC)
- Disability Certificate (if applicable)
- Educational Mark Sheets
- Latest Passport Size Photograph
- Bank Account Details
- Mobile Number
- Email ID
Process to Apply Online for Oil Merit Scholarship
As the scholarship is recently launched, no specific information regarding the online application process is available through social networking resources. Once the application procedure is announced, it will be updated accordingly. Applicants can also visit the official website for further updates.
Contact Information
For any queries or questions regarding the Oil Merit Scholarship 2023, you can reach out through the following contact details:
Office Address: Oil India Limited Plot No. 19, Near Film City, Sector 16A, Noida – 201301
Phone Number: 0120-2419000
Email ID: oilindia@oilindia.in
