Speaking to the media, Mr. Kaushik Sinha, Vice President, CSR, Corporate Communications & Admin, Magma Fincorp Ltd elaborated on the initiative and the application procedure for this year. “Applications are invited from eligible students from across the country. Till now we offered 50 scholarships every year. However, considering the need to reach out to more such meritorious students who are forced to discontinue their students due financial constraints this year we will offer 100 scholarships for their under-graduate studies. The three year scholarship will be renewable every year on confirmation of grades in annual exams”, Said Mr. Sinha.
●Student must be citizen of India
●Maximum age of applicant as on 15th August 2018 – 20 years
●Scholarship will be granted to students for 3 year degree courses in general stream or 4 years professional/ specialized courses in engineering, medical, law etc.
●Applicant should have secured minimum 80% marks in school passing out board exam (class XII) in their respective state boards
●Students from families having monthly household income of less than Rs. 10,000/- (Rupees ten thousand only) are eligible to apply for this scheme
2.Attested photocopy of the Class XII mark sheet
3.Set of two passport photographs
4.Age proof (School certificate/ Admin card)
5.Address proof and Identity proof
6.Income certificate of parent (Monthly Household Income must be Rs. 10,000/ or less per month)
7.College admission proof (for undergraduate course)
8.Bank account details
9.Character Certificate from School last attended
Magma Fincorp Ltd.
Magma House, 10th floor
24 Park Street,
Kolkata – 700016
Landline : 033 44017469