The Raman Kant Munjal Scholarship 2025–26 is a merit-cum-means scholarship initiated by the Raman Kant Munjal Foundation and supported by Hero FinCorp . It aims to financially assist meritorious students pursuing undergraduate degrees in finance-related fields such as BBA, B.Com (Hons), BA (Eco), BMS, and similar programs.
The scholarship supports first-year students from economically weaker families with a maximum family income of ₹4 lakh per annum. Applicants must have scored at least 80% in both Class 10 and 12. Selected students can receive financial aid ranging from ₹40,000 to ₹5.5 lakh annually for up to three years.
The selection process includes shortlisting, document verification, interviews, and final evaluation by a panel. The scholarship also offers mentoring and skill-building support along with financial assistance.
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Eligibility Criteria for Raman Kant Munjal Scholarship 2025-26
To be eligible for Raman Kant Munjal Scholarship an applicant must meet the following requirements:
- The Applicant must be enrolled in first-year of a finance-related undergraduate course, such as BBA, BFIA, B.Com (H/E), BMS, IPM, BA–Economics, BBS, BBI, BAF, B.Sc. (Statistics), or similar fields
- The Applicant must have scored at least 80% marks in both Class 10 and Class 12 examinations
- Your family’s annual income must be below ₹4 lakh
- Students from PAN India can apply for this scholarship
- Students who are children of employees or contract employees of Hero FinCorp, Raman Kant Munjal Foundation, or Buddy4Study are not eligible
Benefits of Raman Kant Munjal Scholarship 2025-26
This scholarship offers Rs 40,000 – Rs 5.5 lakh per year, aligned with actual tuition fees, renewable for up to three years, significantly easing academic expenses
Note: The exact scholarship amount will depend on the accepted college fee
Important link:
- Top 100 Scholarships for the 12th class.
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Last Date
31st July ,2025
Documents Required for Raman Kant Munjal Scholarship
There are a few necessary documents that the applicants must keep with them while filling the Raman Kant Munjal Scholarship application form. The candidates must upload scanned copies of the following documents to complete their application process:
- Class 10
- Class 12 Mark Sheet
- Applicant’s Aadhaar Card
- Parents’ PAN and Aadhaar Cards
- Income Proof
- Parents’ Bank Statements
- Current Year Admission Proof
- College Fee Receipt / Demand Receipt
- Affidavit
- Passport-Sized Photograph
Application Process for Raman Kant Munjal Scholarship
- Click on the ‘Apply Now’ button below.
- Log in to Buddy4Study with your registered ID to access the ‘Application Form Page’.
- If you are not registered on Buddy4Study, register using your Email, Mobile number, or Gmail account.
- You will now be redirected to the ‘Raman Kant Munjal Scholarships 2025-26’ 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 are correctly displayed on the preview screen, click on the ‘Submit’ button to complete the application process.
Frequently Asked Questions
1.Who can apply for Raman Kant Munjal Scholarship?
First-year students of finance-related undergraduate courses — including BBA, BFIA, B.Com (H/E), BMS, IPM, BA (Econ), BBS, BBI, BAF, B.Sc. (Statistics) — in any recognized Indian college.
2. What academic qualifications are required for Raman Kant Munjal Scholarship?
Minimum 80% marks in both Class 10 and Class 12 examinations.
3. Is there an income limit for Raman Kant Munjal Scholarship?
Yes — family income must be less than ₹4 lakh per annum.
4. Are permanent residents allowed?
No — only Indian citizens are eligible.
5. Can children of program employees apply for Raman Kant Munjal Scholarship?
No — if a parent works for Hero FinCorp, RKM Foundation, or Buddy4Study (even as a contractor), the applicant is ineligible.
6. What amount is awarded to applicants of Raman Kant Munjal Scholarship?
Scholarships range from ₹40,000 to ₹5.5 lakh per year, tailored to the actual college fees.
7. How many years Raman Kant Munjal Scholarship awarded?
The award can be renewed for up to 3 years, subject to continued eligibility.
8. How is the selection process conducted for Raman Kant Munjal Scholarship?
Multi-stage:
- Application & document review
- Career assessment test (essay and/or written)
- Telephonic interview
- Final interview by a panel
- Offer selection to the final candidates.
9. Which documents are required?
- Class 10 and 12 mark sheets
- Applicant Aadhaar
- Parents’ PAN & Aadhaar
- Income proof (ITR, income certificate, or salary slip)
- Parents’ bank statements
- Admission proof & college fee receipt
- Affidavit affirming authenticity
- Passport-size photo
10. Is it necessary to self-attest documents?
Yes — all uploaded documents must be self-attested.
11. When is the application window?
Usually opens in June and closes around mid-September (e.g., June 6 – September 25, 2024).
12. Where do I apply?
Online via the Buddy4Study portal or directly on the RKM Foundation’s scholarship page.
13. Can second-year students apply?
No — the scholarship is only for first-year students of eligible courses.
14. Is there an age limit?
Some sources suggest below age 19, but this is not formally stated in 2024–25 guidelines.
15. Are diploma students eligible?
Likely only if the diploma is finance-related and first-year, but priority is given to degree students.
16. How is the scholarship amount paid?
Usually disbursed directly to the student’s or parent’s bank account in installments each academic year.
17. Is it a merit-cum-means scholarship?
Yes — applicants must satisfy both academic merit (80%+) and financial need (<₹4 lakh).
18. Are essays or tests required?
Yes — the process includes a written essay/test, a telephonic screening, and a personal interview.
19. How many students are selected annually?
The exact number isn’t disclosed publicly, but hundreds are selected each year.
20. Is renewal automatic?
No — each year scholars must stay enrolled, maintain discipline, and comply with academic requirements to receive subsequent instalments.
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