If you’re a first-year student pursuing a finance-related degree and looking for serious financial support, the Raman Kant Munjal Scholarship 2026-27 is one of the most valuable private scholarships available to Indian students this year. Backed by Hero FinCorp and administered through the Raman Kant Munjal Foundation, this scholarship offers up to Rs. 5,50,000 per year for three years — a rare level of long-term support for students from underprivileged and economically weaker backgrounds.
In this guide, we break down everything you need to know: eligibility criteria, benefits, required documents, and a step-by-step application process on Buddy4Study.
Important Note: Apply only through the official Buddy4Study portal before the 31 August 2026 deadline to avoid missing this scholarship.
Raman Kant Munjal Scholarship 2026-27: Overview
| Particulars | Details |
|---|---|
| Scholarship Name | Raman Kant Munjal Scholarship 2026-27 |
| Provider | Raman Kant Munjal Foundation (Hero Group), supported by Hero FinCorp |
| Eligible Courses | BBA, BFIA, B.Com (H/E), BMS, IPM, B.A. (Economics), BBS, and other finance-related degrees |
| Eligible Year | First year students only |
| Scholarship Amount | Rs. 40,000 to Rs. 5,50,000 per year, for 3 years |
| Minimum Marks Required | 80% in Class 10 & 12 (70% for PwD students) |
| Family Income Limit | Up to Rs. 6 lakh per annum |
| Nationality | Indian nationals only |
| Application Mode | Online via Buddy4Study |
| Last Date to Apply | 31 August 2026 |
About the Raman Kant Munjal Foundation
The Raman Kant Munjal Foundation is a CSR initiative of the Hero Group, focused on enriching lives through education, skill development, and community welfare programs. The foundation runs multiple initiatives aimed at helping underprivileged students build stronger, more secure futures. The Raman Kant Munjal Scholarship 2026-27 continues this mission by supporting meritorious students in finance-related fields who lack the financial means to pursue higher education independently.
Is the Raman Kant Munjal Scholarship Real or Fake?
Many students search “Raman Kant Munjal scholarship is real or fake” before applying, and that caution is a good habit. This scholarship is genuine and verified — it is run by the Raman Kant Munjal Foundation, an official CSR initiative of the Hero Group, in partnership with Hero FinCorp, and administered through Buddy4Study, one of India’s most trusted scholarship platforms. Applicants should only apply through the Raman Kant Munjal scholarship official website or its listing on Buddy4Study, and should never pay any fee or share OTPs with anyone claiming to process applications on their behalf.
Eligibility Criteria for Raman Kant Munjal Scholarship 2026-27
To apply for this scholarship, applicants must meet the following conditions:
- Must be currently enrolled in the first year of BBA, BFIA, B.Com (H/E), BMS, IPM, B.A. (Economics), BBS, or any other finance-related degree course.
- Must have scored at least 80% marks in Class 10 and Class 12 (70% for PwD applicants).
- Annual parental income should not exceed Rs. 6 lakh from all sources.
- Applicant must be an Indian national.
- Children of employees of Hero FinCorp, Raman Kant Munjal Foundation, or Buddy4Study are not eligible.
Preference is given to:
- Students from partner institutions listed on the official scholarship page
- Children of farmers, domestic workers, and economically disadvantaged families
- Applicants from Tier 3 and Tier 4 cities
Scholarship Benefits
Selected scholars will receive between Rs. 40,000 and Rs. 5,50,000 annually, continued for three years, subject to satisfactory academic performance. The scholarship amount depends on the applicant’s accepted college fee structure and covers:
- Institution and tuition fees
- Examination fees
- Books and stationery
- Other essential academic expenses
Documents Required
Keep the following documents ready before starting your application:
- Recent passport-size photograph
- PAN card and masked Aadhaar card of parents
- Proof of current academic enrolment (college ID, bonafide certificate, or fee receipt)
- Class 10th and 12th mark sheets
- LinkedIn profile URL
- Parental income proof (ITR – all 7 pages / Income Certificate / Salary slip)
- Bank account statements of parents
- Applicant’s bank passbook copy or cancelled cheque
- Signed affidavit confirming document authenticity
How to Apply for Raman Kant Munjal Scholarship 2026-27
- Visit the official scholarship page and click on ‘Apply Now’.
- Log in to Buddy4Study using your registered ID, or sign up using your email, mobile number, or Gmail account.
- You’ll be redirected to the Raman Kant Munjal Scholarship 2026-27 application page.
- Click ‘Start Application’ to begin filling the form.
- Enter all required personal, academic, and financial details accurately.
- Upload all necessary documents in the specified format.
- Accept the Terms & Conditions and click ‘Preview’ to review your entries.
- Once confirmed, click ‘Submit’ to complete your application.
Selection Process
The scholarship follows a merit-cum-means selection process across multiple stages:
- Screening and shortlisting based on academic performance and profile strength
- Document verification of shortlisted candidates
- Telephonic or recorded video assessment to verify authenticity and motivation
- One-to-one virtual interview with the scholarship provider’s panel
- Final selection based on merit, financial need, interview performance, and preference criteria
Real Student Examples
Priya, a first-year B.Com (Hons) student from a Tier 3 town in Uttar Pradesh, comes from a family where her father works as a farmer. With a family income well under ₹6 lakh and 85% marks in Class 12, she fits the eligibility profile closely and plans to apply well before the deadline to strengthen her documentation.
Rohan, pursuing BBA in Delhi, initially worried he wouldn’t qualify since his marks were slightly below the general cutoff — but as a PwD applicant, the reduced 70% threshold makes him eligible to apply.
Raman Kant Munjal Scholarship Result
The Raman Kant Munjal scholarship result is announced in stages rather than as a single list. After the application window closes, shortlisted candidates are first notified for document verification, followed by telephonic or video assessments, and finally virtual interviews. Final results are communicated directly to selected scholars via email and SMS, and are also updated on the applicant’s Buddy4Study dashboard. Keep your registered email and phone number active to avoid missing any result-related communication.
Why This Scholarship Matters
Unlike many one-time scholarships, the Raman Kant Munjal Scholarship offers continued support for three full years, making it especially valuable for students who need long-term financial stability to complete their degree without interruption. Combined with its focus on Tier 3/Tier 4 cities and economically weaker families, it’s a strong option for deserving finance students across India.
Important Links
| Particulars | Link |
|---|---|
| Apply Online | Apply Now on Buddy4Study |
| Official Scholarship Page | Raman Kant Munjal Scholarships – Buddy4Study |
| Raman Kant Munjal Foundation Website | rkmfoundation.org |
| More Scholarships | Browse all scholarships on ScholarshipsX |
For more scholarships like this, explore other government and private scholarships on ScholarshipsX.
Conclusion
The Raman Kant Munjal Scholarship 2026-27 offers genuine, long-term financial support for finance students from low-income families. Eligible students should apply early on Buddy4Study before the 31 August 2026 deadline.
Frequently Asked Questions
Who is eligible for the Raman Kant Munjal Scholarship 2026-27?
First-year students pursuing BBA, BFIA, B.Com (H/E), BMS, IPM, B.A. (Economics), BBS, or other finance-related courses, with at least 80% marks in Class 10 and 12 and family income under Rs. 6 lakh, are eligible.
What is the last date to apply for the Raman Kant Munjal Scholarship?
The application deadline is 31 August 2026.
How much scholarship amount does Hero FinCorp provide under this scheme?
Scholars can receive between Rs. 40,000 and Rs. 5,50,000 per year for three years, depending on their accepted college fee structure.
Is this scholarship only for finance students?
It is primarily aimed at students in finance-related degree programs such as BBA, B.Com, BFIA, BMS, IPM, and B.A. Economics.
Can PwD students apply with lower marks?
Yes, PwD applicants need a minimum of 70% marks in Class 10 and 12, compared to 80% for general applicants.
Menka Singh is an education researcher and scholarship consultant with over 5 years of experience helping Indian students navigate central, state and private scholarship programmes. Having personally applied for and received scholarships during her own education, she brings firsthand understanding to every guide she writes. She specialises in Bihar, UP, Maharashtra and all India scholarship schemes and has helped thousands of students find verified funding opportunities. Read More: Click Here
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