About the Scheme
The Raman Kant Munjal Scholarship for 2026-27, initiated by the Raman Kant Munjal Foundation and supported by Hero FinCorp, is designed to assist students in finance-related fields in achieving their career aspirations. This scholarship offers financial support of up to INR 5,50,000 per year for three years to students currently in their first year of various 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 other finance-related degrees.
At a Glance
Private / Corporate scheme for the 2026-27 academic year. Partially funded; applications are online only.
Continuous Support
Renewable for up to 3 years.
- Scholarship
- Undergraduate
- PwD
Eligibility Criteria
• Open to students across India currently 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), or any other finance-related degree course. • Applicants must have secured at least 80% marks in Classes 10 and 12 (For PwD students, the minimum percentage required is 70% marks). • The annual parental income of the applicant must not exceed INR 6 lakh from all sources. • Open for Indian nationals only. • The children of employees/contract employees of Hero FinCorp, Raman Kant Munjal Foundation, and Buddy4Study are ineligible to apply. • Note: Preference shall be given to: • Children of farmers, domestic workers, and economically disadvantaged families. • Applicants belonging to Tier 3 and Tier 4 cities.
Admissions & Course Track
Pre-Matric (Secondary), Professional courses and Undergraduate students in UG Year 1 studying Business & Management and Social Sciences & Humanities.
Nationality
Open to Indian nationals.
Annual Family Income Threshold
Gross annual family income must not exceed ₹6,00,000 (₹6 lakh) per annum.
Academic Standing
Minimum 80% aggregate marks in the qualifying examination.
Persons with Disabilities
Students with disabilities may apply, or receive a relaxation in the criteria.
Award Benefits & Structure
The award is paid once a year.
INR 40,000 to INR 5,50,000 per year
Annual payment, partially funded.
Up to 3 Years
The award can be renewed for each year of the course.
Renewable Award
- Tuition
- Full tuition
Additional Benefits
essential education-related expenses, including institution fees, examination fees, books, stationery, and other academic costs
Mandatory Document Checklist
Keep clear scanned copies of these ready before you begin your application.
- Essential
Passport
A valid passport — scan the bio-data page.
- Essential
Aadhaar Card
The applicant's own Aadhaar card.
- Essential
Bonafide Student Certificate
Issued by your school or institute to confirm current enrolment.
- Essential
Marksheets
Marksheets of the qualifying examinations, validating merit.
- Essential
Bank Passbook / Cancelled Cheque
Showing the beneficiary's name, account number and IFSC code.
Selection Procedure & Key Timeline
Application Registration Opens
The online application opens.
Application Deadline
(Active)Last day to submit your application and supporting documents.
How to Apply
Applications for this scheme are online. Follow these steps in order.
About the Provider
Raman Kant Munjal Foundation and Hero FinCorp
University
The Raman Kant Munjal Foundation, an initiative of Hero Group, is dedicated to enriching and energising 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 Scholarship 2026-27 is also one of its initiatives to support the education of underprivileged students in finance-related streams.
Frequently Asked Questions
The Raman Kant Munjal Scholarships 2026-27 is a private / corporate scholarship offered by Raman Kant Munjal Foundation and Hero FinCorp for the 2026-27 academic year. For students pursuing finance-related UG courses
• Open to students across India currently 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), or any other finance-related degree course. • Applicants must have secured at least 80% marks in Classes 10 and 12 (For PwD students, the minimum percentage required is 70% marks). • The annual parental income of the applicant must not exceed INR 6 lakh from all sources. • Open for Indian nationals only. • The children of employees/contract employees of Hero FinCorp, Raman Kant Munjal Foundation, and Buddy4Study are ineligible to apply. • Note: Preference shall be given to: • Children of farmers, domestic workers, and economically disadvantaged families. • Applicants belonging to Tier 3 and Tier 4 cities.
The award is INR 40,000 to INR 5,50,000 per year. It is partially funded.
Applications open on 8 July 2026. The last date to apply is 30 October 2026.
You need Passport, Aadhaar Card, Bonafide Student Certificate, Marksheets and Bank Passbook / Cancelled Cheque.
Applications are online. 1. . 2. . 3. . 4. . 5. . 6. . 7. . 8. . 9. .
Yes. The award is renewable for up to 3 years.
