The Raman Kant Munjal Scholarships 2024-25 is an initiative by the Raman Kant Munjal Foundation, supported by Hero FinCorp, that aims to empower finance students to achieve their career aspirations and build a secure future.
Under this scholarship, students currently studying in the first year of BBA, BFIA, 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 any other finance related degree courses stand a chance to receive financial assistance of up to INR 5,50,000 per year for three years to complete their education.
About Raman Kant Munjal Foundation
The Raman Kant Munjal Foundation, an initiative of Hero Group, is dedicated to enriching and energizing lives by helping the less privileged and thus enabling them to build a happier and healthier community and society. The foundation runs several initiatives in education, skill development, community development, and the environment. The Raman Kant Munjal Scholarships 2024-25 is also one of its initiatives to support the education of underprivileged students in finance-related streams.
About Hero FinCorp
Hero FinCorp, an associate company of Hero MotoCorp, one of India’s fastest-growing NBFCs (Non-Banking Financial Companies. They are currently engaged in consumer finance businesses and commercial lending. This scholarship initiative is a part of its Corporate Social Responsibility (CSR) initiative to support underprivileged students by improving their access to education. Incorporated in December 1991 as Hero Honda FinLease Limited; the restructuring of its parent company Hero MotoCorp Limited, led to its present form as Hero FinCorp Limited. Hero MotoCorp’s network boasts nearly 2,000 retail financing touchpoints and partnerships with over 2,000 satisfied corporate clients.
RAMAN KANT MUNJAL SCHOLARSHIPS 2024-25
Deadline :02-Aug-2024
- Students enrolled in the first year of BBA, BFIA, 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 any other finance-related degree courses are eligible.
- Applicants must have secured at least 80% marks in Classes 10 and 12.
- The annual family income of the applicants should be less than INR 4 lakh.
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- Open for Indian nationals only.
- The children of employees/contract employees of Hero FinCorp, Raman Kant Munjal Foundation, and Buddy4Study are not eligible to apply.
Benefits
Scholarships ranging from INR 40,000 to INR 5,50,000 per year will be awarded to each scholar for three years to complete their education.
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Note: The exact scholarship amount will depend on the accepted college fee.
Documents
- 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
Note: The applicant will be required to upload all the self-attested documents.
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