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Raman Kant Munjal Scholarship 2024-25 for First year UG Students | Last Date, How to Apply?

Scholarships June 2024, UG Scholarship

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Raman Kant Munjal Scholarship 2024-25 for First year UG Students – The Raman Kant Munjal Scholarships 2024-25 is an incredible initiative by the Raman Kant Munjal Foundation, with significant support from Hero FinCorp. This scholarship program is designed to empower finance students, helping them achieve their career aspirations and build a secure future. Offering financial assistance of up to INR 5,50,000 per year for three years, this scholarship aims to remove financial barriers for deserving students, allowing them to focus on their studies and professional growth.

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Eligibility Criteria for the Raman Kant Munjal Scholarships 2024-25

To ensure you meet the eligibility criteria, here’s a comprehensive list of requirements:

  1. Enrollment: Students must be 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.
  2. Academic Performance: Applicants must have secured at least 80% marks in Classes 10 and 12.
  3. Family Income: The annual family income of the applicants should be less than INR 4 lakh.
  4. Nationality: Open to Indian nationals only.
  5. Exclusions: Children of employees or contract employees of Hero FinCorp, Raman Kant Munjal Foundation, and Buddy4Study are not eligible to apply.

Scholarship Benefits

The Raman Kant Munjal Scholarships 2024-25 offer substantial benefits to the selected scholars:

  1. Financial Assistance: Scholarships ranging from INR 40,000 to INR 5,50,000 per year.
  2. Duration: The scholarship is provided for three years, subject to continuous academic performance and adherence to the scholarship terms.
  3. Coverage: The scholarship amount covers tuition fees and other educational expenses, easing the financial burden on students.

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Documents Required for the Scholarship

Applicants need to submit the following documents to be considered for the scholarship:

  1. Class 10 and 12 Marksheet: Proof of academic performance.
  2. Aadhaar Card: Identity verification of the applicant.
  3. Parent’s PAN Card and Aadhaar Card: Verification of parent’s identity and financial status.
  4. Income Proof: ITR (all 7 pages reflecting all accounts), Income Certificate, or Salary slip of salaried parents.
  5. Bank Account Statements: Financial proof of the applicant’s parents.
  6. Current Year Admission Proof: Confirmation of enrollment in the first year.
  7. College Fee Receipt/Demand Receipt: Issued by the college for the current academic year.
  8. Affidavit: Stating that all documents provided are true to the applicant’s knowledge.
  9. Passport Size Photograph: Recent photograph of the applicant.

How to Apply

Follow these steps to apply for the Raman Kant Munjal Scholarships 2024-25 for First year UG Students :

  • Click on the “Click Here To Apply” button provided at the end.
  • Carefully review the scholarship details provided.
  • Complete the application form and ensure all required information is accurately filled out.
  • Attach the necessary documents as specified in the scholarship requirements.
  • Finally, click the “Submit” button to submit your scholarship application

Last Date to Apply

The last date to apply for the Raman Kant Munjal Scholarships 2024-25 is 02-Aug-2024. Ensure you complete and submit your application before this deadline.

Contact Details

For any queries, you can reach out to the scholarship helpline:

  • Phone: 011-430-92248 (Ext-326) (Monday to Friday – 10:00 AM to 06:00 PM (IST))
  • Email: scholarships@rkmfoundation.org

Terms and Conditions

  • Applicants must provide accurate and verifiable information.
  • Scholarship continuation is subject to maintaining academic performance.
  • The decision of the scholarship provider is final.
  • Misrepresentation of information will lead to disqualification.

How This Scholarship Will Help Students

The Raman Kant Munjal Scholarships 2024-25 provide substantial financial support, enabling students to:

  1. Focus on Studies: Reduce financial stress and concentrate on academics.
  2. Access Quality Education: Afford tuition fees and other educational expenses.
  3. Pursue Career Aspirations: Build a strong foundation for a career in finance.
  4. Develop Skills: Participate in extracurricular activities without financial constraints.
  5. Achieve Academic Excellence: Stay motivated to maintain high academic performance.

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Top 5 Common Mistakes While Applying and How to Avoid Them

  1. Incomplete Applications: Ensure all sections of the application form are filled out completely.
  2. Incorrect Documents: Double-check that all uploaded documents are correct and up-to-date.
  3. Missed Deadlines: Mark the application deadline on your calendar and submit early.
  4. Lack of Verification: Verify all information before submitting to avoid errors.
  5. Ignoring Terms and Conditions: Read and understand all terms and conditions before applying.

Why You Should Apply for This Scholarship

Applying for the Raman Kant Munjal Scholarships 2024-25 is a significant opportunity for students aiming for a career in finance. The scholarship not only provides financial aid but also recognizes academic excellence and potential. It supports students from financially challenged backgrounds, helping them achieve their dreams without the burden of educational expenses.

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FAQs

Q1: Who can apply for the Raman Kant Munjal Scholarships 2024-25?

The scholarship is open to Indian nationals enrolled in the first year of various finance-related degree courses. Applicants must have scored at least 80% in Classes 10 and 12 and have an annual family income of less than INR 4 lakh.

Q2: What is the maximum scholarship amount offered?

The scholarship offers financial assistance ranging from INR 40,000 to INR 5,50,000 per year, depending on the college fee and other educational expenses.

Q3: What documents are required for the application?

Applicants need to submit their Class 10 and 12 marksheets, Aadhaar cards, parent’s PAN and Aadhaar cards, income proof, bank statements, current year admission proof, college fee receipt, affidavit, and a passport size photograph.

Q4: How can I apply for the scholarship?

You can apply by logging into Buddy4Study, completing the application form, uploading the necessary documents, and submitting the form after verifying all details.

Q5: What are the key dates to remember?

The last date to apply for the scholarship is 02-Aug-2024. Ensure all documents and the application form are submitted before this deadline.

Conclusion

The Raman Kant Munjal Scholarships 2024-25 is a transformative initiative aimed at empowering finance students to achieve their dreams. By providing substantial financial support, this scholarship helps students focus on their studies, participate in enriching activities, and pursue their career aspirations without financial worries. With a comprehensive selection process, the scholarship ensures that only the most deserving candidates are chosen. If you meet the eligibility criteria, don’t miss this chance to apply and secure your future in the field of finance. Apply now and take the first step towards a promising career.

Overview of Raman Kant Munjal Scholarships 2024-25 for First year UG Students

Scholarship idCPSA24060700607
Scholarship NameRaman Kant Munjal Scholarships 2024-25 for First year UG Students
Scholarship Open forBoys and Girls
Scholarship Offered byRaman Kant Munjal Foundation, supported by Hero FinCorp
Who can Apply ?Indian citizens from Tamilnadu facing financial difficulties, all genders, and categoriesFirst-year students pursuing BBA, BFIA, B.Com. (H, E), BMS, IPM, B.A. (Economics), BBS, BBI, BAF, B.Sc. (Statistics), or other finance-related courses.
Scholarship Open forAll Over India
Scholarship AmountRanges from INR 40,000 to INR 5,50,000 per year for three years, depending on the college fee.
Last Date to Apply02 August 2024
Application LinkClick Here To Apply