Raman Kant Munjal Foundation Scholarship 2023 Application, Eligibility Criteria, Benefits, Documents and Contact Details

The Raman Kant Munjal Scholarships 2023 is an initiative presented by the Raman Kant Munjal Foundation in collaboration with Hero FinCorp, aiming to provide crucial support to students embarking on finance-related academic journeys.

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This endeavor seeks to facilitate admissions into prestigious educational institutions, empowering individuals to pursue their aspirations for a promising career and an improved quality of life. Eligible students enrolled in their 1st year of BBA, BFIA, B.Com. (H, E), Bachelor of Management Studies (BMS), Integrated Program in Management (IPM), BA (Economics), Bachelors in Business Studies (BBS), Bachelors in Banking and Insurance (BBI), Bachelors in Accounting and Finance (BAF), B.Sc. (Statistics), or similar finance-related degree programs can avail financial aid of up to INR 5,00,000 per annum for a span of three years, facilitating their educational journey.

Raman Kant Munjal Foundation Scholarships

The Raman Kant Munjal Foundation, an undertaking of the Hero Group, is committed to enriching lives and fostering vibrancy among the less privileged. The foundation’s diverse initiatives span education, skill development, community upliftment, and environmental stewardship. Among these endeavors, the Raman Kant Munjal Scholarship stands out as a means of supporting underprivileged students pursuing finance-related education.

Raman Kant Munjal Foundation Scholarship Eligibility Criteria

Applicable to students pursuing their 1st year of BBA, BFIA, B.Com. (H, E), Bachelor of Management Studies (BMS), Integrated Program in Management (IPM), BA (Economics), Bachelors in Business Studies (BBS), Bachelors in Banking and Insurance (BBI), Bachelors in Accounting and Finance (BAF), B.Sc. (Statistics), or similar finance-related courses.
Candidates must have secured a minimum of 80% marks in both Classes 10 and 12 examinations.
The annual family income of applicants must not exceed INR 4 lakh.
Open to Indian nationals exclusively.
Applicants who are children of employees/contract employees of Hero FinCorp, Raman Kant Munjal Foundation, and Buddy4Study are ineligible to apply.

Raman Kant Munjal Foundation Scholarship Benefits

Scholarship amounts, ranging from INR 40,000 to INR 5,00,000 per year, will be granted to each scholar for a duration of three years to facilitate their educational pursuits. Note: The precise scholarship amount will be determined based on the accepted college fee structure.

Raman Kant Munjal Foundation Scholarship Documents

Class 10 and 12 Marksheets
Aadhaar card of the applicant
Pan card and Aadhaar card of the parents
Income proof [ITR (all 7 pages reflecting all account)/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 the veracity of all provided documents)
Passport-size photograph Note: Applicants are required to upload all documents as self-attested copies.