Raman Kant Munjal Scholarship 2026-27: Apply Online, Eligibility, Amount, Last Date & Documents

Raman Kant Munjal Scholarship 2026: Higher education has become increasingly expensive, especially for students pursuing professional courses in finance and business. Many talented students are unable to continue their studies due to financial constraints despite having excellent academic records. To support such deserving students, the Raman Kant Munjal Foundation, with the support of Hero FinCorp, offers the Raman Kant Munjal Scholarship.

This scholarship aims to help first-year undergraduate students studying finance-related courses by providing financial support for their education. Selected students can receive scholarship assistance every year during their course, making it easier to focus on studies without worrying about tuition expenses. The final scholarship amount depends on the approved college fee and eligibility of the student.

In this article, you will find everything you need to know about the Raman Kant Munjal Scholarship 2026, including eligibility, scholarship amount, important dates, required documents, application process, selection procedure, and frequently asked questions.

Raman Kant Munjal Scholarship 2026: Highlights

Particular	Details
Scholarship Name	Raman Kant Munjal Scholarship 2026
Offered By	Raman Kant Munjal Foundation
Supported By	Hero FinCorp
Scholarship Type	Private Scholarship
Eligible Students	First-year students pursuing finance-related undergraduate courses
Scholarship Amount	₹40,000 to ₹5,50,000 per year (depending on approved college fee)
Scholarship Duration	Up to 3 years
Application Mode	Online
Beneficiaries	Indian students fulfilling the eligibility criteria

About Raman Kant Munjal Scholarship

The Raman Kant Munjal Scholarship is an educational support initiative designed to encourage academically bright students from financially constrained families to complete higher education in finance and business-related fields.

Instead of letting financial limitations become a barrier, the scholarship helps deserving students continue their undergraduate studies with confidence. The programme focuses on students who have recently started their graduation in eligible finance-related courses and demonstrates the Foundation’s commitment to promoting quality education and future career opportunities.

Objective of the Scholarship

The primary objectives of this scholarship include:

• To reduce the financial burden on deserving students.
• To encourage talented students to continue higher education.
• To promote education in finance, business, economics, and management.
• To support students belonging to economically weaker families.
• To help students build successful careers through uninterrupted education.

Who Can Apply?

The scholarship is mainly intended for students who have recently taken admission to eligible undergraduate programmes after completing Class 12th.

Applicants should:

• Be an Indian citizen.
• Be enrolled in the first year of an eligible undergraduate programme.
• Have an excellent academic record.
• Belong to a financially weaker family.
• Meet all eligibility conditions prescribed by the scholarship provider.

Scholarship Amount

One of the biggest advantages of the Raman Kant Munjal Scholarship is its substantial financial support.

Unlike fixed-amount scholarships, the Raman Kant Munjal Scholarship provides financial assistance according to the student’s tuition fee and financial requirement.

Particular	Details
Minimum Scholarship	₹40,000 per year
Maximum Scholarship	₹5,50,000 per year
Duration	Up to 3 Academic Years

Continuation of the scholarship in subsequent years is subject to the scholarship provider’s renewal policy and the student’s satisfactory academic progress.

Eligibility Criteria

Candidates are expected to fulfil the following conditions:

• Only Indian citizens are eligible
• Must have passed Class 10 and Class 12 from a recognised board.
• Candidates should have obtained at least 80% marks in both Class 10 and Class 12.
• For PwD (Persons with Disabilities) applicants, the minimum required marks are 70%.
• Applicants must have secured admission in the first year of any eligible undergraduate programme at a recognised institution.
• Annual family income should not exceed ₹6,00,000 from all sources.
• Valid income proof must be produced during verification.

Preference in Selection

While all eligible students can apply, preference is generally given to candidates who:

• Have an excellent academic record.
• Belong to economically weaker families.
• Are pursuing approved finance-related undergraduate programmes.
• Are studying in institutions approved by the scholarship provider.

Official Notification Status for 2026-27

As of now, the Raman Kant Munjal Scholarship 2026-27 notification has not been officially announced. Students are advised to keep their academic documents, income certificate and admission records ready so that they can apply promptly once the application window opens.

Career Sangam will update this article immediately after the official 2026-27 notification is released with confirmed dates, application deadline and any revised eligibility conditions.

Important Dates

According to the latest application cycle, online applications are currently being accepted.

Events	Date
Application Start	Applications Open
Last Date to Apply	30 September 2025 (as currently announced)

Applicants are advised not to wait until the last day, as heavy traffic on the portal may cause delays in submission. The scholarship provider may revise the deadline if required.

Documents Required

Candidates should keep scanned copies of the following documents ready before starting the online application:

Academic Documents

• Class 10th Marksheet
• Class 12th Marksheet

Identity Documents

• Aadhaar Card of the applicant
• Aadhaar Card of parent/guardian
• PAN Card of parent/guardian

Income Proof (Any One)

• Income Certificate issued by the competent authority
• Complete Income Tax Return (ITR)
• Salary Slip (for salaried parents)
• Financial Documents

Financial Documents

• Parent’s recent Bank Account Statement

College Documents

• Admission Letter/Admission Proof
• Current College Identity Card (if available)
• College Fee Receipt or Demand Letter/Fee Structure

Other Documents

• Recent Passport-size Photograph
• Self-attested Affidavit declaring that all submitted information and documents are genuine.

Applicants should upload only clear and readable documents. Blurred or incomplete uploads may delay verification or lead to rejection.

Selection Process

The Raman Kant Munjal Scholarship follows a multi-stage selection process to identify deserving candidates.

Step 1: Initial Screening

All submitted applications are reviewed on the basis of academic performance, eligibility and financial background.

Step 2: Document Verification

Candidates shortlisted in the first stage are required to submit supporting documents for verification.

Step 3: Telephonic Interview

Verified applicants are contacted for a telephonic interaction to understand their educational goals, financial need and overall profile.

Step 4: Leadership Interview

Candidates shortlisted after the telephonic interview may be invited for a final interaction with the leadership team associated with the scholarship programme.

Step 5: Final Selection

The final list of scholarship recipients is prepared after successful verification and approval by the scholarship provider. The decision of the scholarship authority is considered final.

How to Apply for Raman Kant Munjal Scholarship 2026-27

Students can submit their application online through the official scholarship portal by following these steps:

1. Visit the official scholarship application portal.
2. Register using a valid mobile number or email address.
3. Log in to your account.
4. Open the Raman Kant Munjal Scholarship application form.
5. Fill in all personal, academic and family details carefully.
6. Enter your college and course information correctly.
7. Upload all the required documents.
8. Preview the application before submission.
9. Accept the declaration and submit the application.
10. Save the acknowledgement or application number for future reference.

Important Instructions

• Fill the application form with accurate information.
• Use the same spelling of your name as mentioned in official documents.
• Upload self-attested copies wherever required.
• Keep your registered mobile number and email active throughout the selection process.
• Incomplete applications or incorrect information may result in cancellation of candidature.

Who is Not Eligible?

Generally, the following applicants are not eligible:

• Students who are not Indian citizens.
• Students admitted to courses outside the eligible programme list.
• Applicants whose annual family income exceeds ₹6 lakh.
• Candidates who do not meet the minimum academic requirement.
• Children of employees or contract employees of Hero FinCorp, Raman Kant Munjal Foundation, or Buddy4Study are not eligible under the scholarship guidelines.

Also Read:- Bharti Airtel Scholarship 2026-27

Scholarship Renewal Policy

The Raman Kant Munjal Scholarship is not limited to a single academic year. Selected students can continue receiving financial assistance for up to three years, provided they satisfy the renewal conditions prescribed by the scholarship provider.

To continue receiving the scholarship in subsequent years, students are generally expected to:

• Successfully complete the previous academic year.
• Maintain satisfactory academic performance as required by the scholarship provider.
• Continue studying in the approved undergraduate course.
• Submit the renewal documents, if requested.
• Follow all scholarship terms and conditions.

Failure to meet the renewal requirements may result in discontinuation of the scholarship.

Important Terms & Conditions

Before submitting the application, every applicant should carefully read the scholarship guidelines.

Some important conditions include:

• Only Indian nationals are eligible.
• The scholarship is available only for eligible undergraduate courses.
• The annual family income must not exceed ₹6 lakh.
• Applicants should have secured at least 80% marks in both Class 10 and Class 12 (70% for PwD candidates).
• Preference is given to students studying in institutions approved by the scholarship provider.
• Providing false information or fake documents may lead to cancellation of the application at any stage.
• The scholarship provider’s decision regarding selection and scholarship amount will be final.

Important Links

Apply Scholarship	Apply Now
Registration	Register Here
Buddy4study Portal	Click Here
Join Official WhatsApp Channel	Join

Frequently Asked Questions (FAQs)

Conclusion

The Raman Kant Munjal Scholarship 2026-27 is an excellent opportunity for academically bright students from financially weaker families who wish to pursue higher education in commerce, finance and management. With financial support of up to ₹5.50 lakh per year and assistance for up to three academic years, the scholarship helps deserving students continue their studies without worrying about tuition expenses.

Students who satisfy the eligibility criteria should complete the online application well before the deadline and ensure that all required documents are uploaded correctly. Keeping the application accurate and complete can significantly improve the chances of successful verification.

Career Sangam will continue updating this article whenever the scholarship provider announces any change in eligibility, application timeline or other important guidelines.

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