Raman Kant Munjal Foundation and Hero FinCorp

Raman Kant Munjal Foundation and Hero FinCorp logo

Raman Kant Munjal Scholarships 2026-27

  • Applications Open
  • Private / Corporate
  • Merit-based
  • Need-based
Award Value
INR 40,000 to INR 5,50,000 per year
Closing Date
5 Days Left
30 October 2026
Eligible Cohort
UG Year 1

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

• 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.

Direct Financial Aid

INR 40,000 to INR 5,50,000 per year

Annual payment, partially funded.

Course Tenure

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.

  • 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.

    Essential

Selection Procedure & Key Timeline

  1. Application Registration Opens

    The online application opens.

  2. 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 logo

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

Award

INR 40,000 to INR 5,50,000 per year