Raman Kant Munjal Scholarships 2024-25 – Empowering Future Finance Leaders

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.

This article offers detailed information about the Raman Kant Munjal Scholarships 2024-25 regarding its application process, eligibility, documentation, and other needful information. Read further to have a detailed understanding of this scholarship and its application process.

Raman Kant Munjal Scholarships 2024-25 – An Overview

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.

The table below summarizes the essential details about the scholarship program for quick reference.

Detailed Overview of Raman Kant Munjal Scholarships 2024-25

Particulars	Details
Name of the Scholarship	Raman Kant Munjal Scholarships 2024-25
Provider Name	Raman Kant Foundation
Scholarship Type	Merit and means
Eligibility	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 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. Open for Indian nationals only.
Award	Scholarship from INR 40,000 to INR 5,50,000 per year for three years
Last Date to Apply*	August 2, 2024
Application Mode	Online through Buddy4Study portal
Academic Session	2024-2025

*The application deadline mentioned above is tentative and may change at the discretion of the scholarship provider. 

Raman Kant Munjal Scholarships 2024-25 – Key Dates

Now, with this brief information, it is important to know some other details. But before referring to them, the candidates must keep track of the important dates of application to this scholarship program. The applications for the Raman Kant Munjal Scholarships 2024-25 are currently open. The last date to submit the application forms is August 2, 2024.

Raman Kant Munjal Scholarships 2024-25 – Eligibility

• 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.
• 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.

Raman Kant Munjal Scholarships 2024-25 – Award Details

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. 

Note: The exact scholarship amount will depend on the accepted college fee.

Raman Kant Munjal Scholarships 2024-25 – Application Process

Eligible candidates can apply for the  Raman Kant Munjal Scholarships 2024-25 online by following the steps mentioned below –   

• Visit the official scholarship page.
• Read all the details carefully and Click on the ‘Apply Now’ button of the respective category of scholarship.
• Login to Buddy4Study with your registered ID and land on the ‘Application Form Page’.
  • If not registered – Register at Buddy4Study with your Email/Mobile number/Gmail account.
• You will now be redirected to the ‘Raman Kant Munjal Scholarships 2024-25’ application form page.
• Click on the ‘Start Application’ button to begin the application process.
• Fill in the required details in the online application form.
• Upload relevant documents.
• Accept the ‘Terms and Conditions’ and click on ‘Preview’. 
• If all the details filled in by the applicant are correctly showing on the preview screen, click on the ‘Submit’ button to complete the application process.

 Raman Kant Munjal Scholarships 2024-25 – Key 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.

Raman Kant Munjal Scholarships 2024-25 – Selection Process

The Raman Kant Munjal Scholarships 2024-25 selection process involves multiple stages where students are selected based on their academic merit and financial background. Details of the selection process are mentioned below:- 

• Shortlisting of candidates based on their academic merit and financial background
• Document verification
• Telephonic interview of the shortlisted candidates after document verification
• Interview of the selected candidates with the leadership team of Hero FinCorp 
• Final selection of scholars post approval from the scholarship provider

Raman Kant Munjal Scholarships 2024-25 – Contact Details

In case one has any queries related to this scholarship program, its eligibility, the application process, award details, or the selection process, one is requested to connect through the email ID given below – 

Email: scholarships@rkmfoundation.org 

Phone: 011-430-92248 (Ext-326)