Trust Scholarship · Graduation (UG)

Raman Kant Munjal Scholarship 2026

Raman Kant Munjal Foundation · All India

Annual Award₹5.5 Lakh+
Deadline30 Sept
Scheme NameRaman Kant Munjal Scholarship 2026
Provided ByRaman Kant Munjal Foundation
Eligibility SummaryGraduation (UG) · Family income up to ₹6 Lakh/year

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Status check

The previous application cycle (2025–26) closed on 30 September 2026. The upcoming 2026–27 cycle is expected to open soon. We will update the links here as soon as the official notification is released.

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Understand the bigger pictureOBC Scholarships in India: The Complete Guide (2026)

About the Program

The Raman Kant Munjal Scholarship 2026 offers up to ₹5.5 Lakhs per year to first-year finance and commerce undergraduate students with family incomes under ₹6 Lakh.

Benefits & Financial Support

₹5.5 Lakh+

Selected scholars receive financial assistance ranging from INR 40,000 to INR 5,50,000 per year for up to three years. The scholarship covers essential education-related expenses, including institution fees, examination fees, books, stationery, and other academic costs. The exact scholarship amount will depend on the accepted college fee. The scholarship is provided subject to fund availability, academic performance, and compliance with program guidelines. It is usually disbursed directly to the student's or parent's bank account in installments each academic year.

Financial assistance of up to ₹5.5 Lakhs per year covering tuition fees, examination fees, books, stationery, and other academic expenses.

Eligibility Criteria & Income Limit

Education LevelGraduation (UG)
Course / StreamRelevant courses
Minimum Marks80%
Income LimitUp to ₹6 Lakh/year
Category / CasteGeneral, OBC, SC, ST, EWS, All
Domicile StateAll India

Mandatory Documents Checklist

  • ✓Class 10 Marksheet
  • ✓Class 12 Marksheet
  • ✓Proof of current academic enrollment (College ID/fee receipt)
  • ✓Parent's PAN card & masked Aadhaar card
  • ✓Annual parental income proof (ITR/Income Certificate/salary slips)
  • ✓Applicant's bank account details (passbook/cancelled cheque)
  • ✓Bank account statements of parents
  • ✓Affidavit declaring document authenticity
  • ✓LinkedIn Profile URL

Selection Process

  • —

    The selection process for the Raman Kant Munjal Scholarship involves several stages: an application review, a career assessment test, essay submission, a first round of telephonic interviews, document submission (including college acceptance letter), and a final round of interviews (which may be telephonic or face-to-face)

  • —

    Preference is given to children of farmers, domestic workers, and economically disadvantaged families, especially those from Tier 3 and Tier 4 cities.

Renewal Policy

  • —

    The scholarship is renewable annually for up to three years

  • —

    To qualify for renewal, scholars must maintain continuous academic performance, adhere to scholarship terms, maintain a clean disciplinary record in college, and comply with all program guidelines

  • —

    Scholars are typically required to re-apply or renew through the official platform each year.

How to Apply Online

Applications are submitted online via Online. Complete eKYC, upload scanned documents, and submit before the closing date.

  • 1
    Visit the Scholarship Page

    Go to the official scholarship page on the Buddy4Study portal (link provided in 'apply_url').

  • 2
    Click 'Apply Now'

    Scroll down the page and click on the 'Apply Now' button.

  • 3
    Log In or Register

    Log in to Buddy4Study using your registered ID. If you are a new user, click on 'Create an Account' and register using your Email/Mobile number/Gmail account and password.

  • 4
    Access Application Form

    You will be redirected to the 'Raman Kant Munjal Scholarships 2026-27' application form page. Click on 'Start Application'.

  • 5
    Fill Details

    Complete the online application form with all required personal, academic, and family income details.

  • 6
    Upload Documents

    Upload all necessary documents, including a recent passport-size photograph, PAN card and masked Aadhaar card of parents, proof of current academic enrollment, Class 10 and 12 mark sheets, applicant's LinkedIn profile URL, annual parental income proof, parents' bank account statements, and applicant's bank account details. An affidavit affirming the authenticity of documents is also required.

  • 7
    Review and Submit

    Carefully review all the information filled in the application form. Accept the 'Terms and Conditions' and click on 'Preview'. If all details are correct, click 'Submit' to complete the application process. Save the confirmation for future reference.

  • 8
    Status Tracking

    While specific online status tracking steps are not detailed, applicants should regularly check their Buddy4Study account or contact the helpline for updates on their application status. The selection process includes interview rounds, so successful applicants will be contacted.

Common Questions (FAQs)

Who is eligible to apply for the Raman Kant Munjal Scholarships 2026-27?

The scholarship is open to Indian nationals currently enrolled in their first year of specific finance-related undergraduate programs, including BBA, BFIA, B.Com (H, E), Bachelor of Management Studies (BMS), Integrated Program in Management (IPM), B.A. (Economics), and Bachelor in Business Studies (BBS), among others. Applicants must have secured at least 80% marks in both Class 10 and Class 12 (for PwD students, a minimum of 70% marks is required). The annual parental income from all sources must not exceed INR 6 lakh. Children of employees/contract employees of Hero FinCorp, Raman Kant Munjal Foundation, and Buddy4Study are not eligible.

What expenses does the scholarship cover and how is the amount disbursed?

The scholarship provides financial assistance ranging from INR 40,000 to INR 5,50,000 per year. It covers essential education-related expenses such as institution fees, examination fees, books, stationery, and other academic costs. The exact amount awarded depends on the accepted college fees and financial need. The scholarship amount is typically disbursed directly to the student's or parent's bank account in installments each academic year, subject to academic performance and compliance with program guidelines.

What are the conditions for scholarship renewal and how long does it last?

The scholarship is awarded for up to three years (the duration of the undergraduate degree program) and is renewable annually. For renewal, scholars are required to maintain continuous academic performance and a clean disciplinary record in college. They must also continue to meet the program guidelines and terms specified by the Raman Kant Munjal Foundation. Each year, scholars usually need to go through a renewal process via the application platform.

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Legal Disclaimer

IndiaScholarships.in attempts to provide accurate information manually curated from official sources. Scholarship details, timelines, and eligibility can change without notice as per the provider's discretion. Applying for a scholarship does not guarantee selection. Always verify all information on the official Raman Kant Munjal Foundation website before final submission.