Raman Kant Munjal Scholarships 2026–27: Financial Aid Up to ₹5.5 Lakh/Year for Undergraduate Finance & Management Students

Raman Kant Munjal Scholarships 2026

The ‘Raman Kant Munjal Scholarships 2026-27‘ is a flagship merit- and need-based scholarship initiative by the ‘Raman Kant Munjal Foundation’ (an initiative of the Hero Group), supported by ‘Hero FinCorp’. Specifically designed for aspiring students in the fields of finance, management, and economics, this scholarship offers substantial financial assistance ranging from ₹40,000 to ₹5,50,000 per year for a duration of up to three years. The deadline for submitting online applications is August 31, 2026.

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If you are a first-year undergraduate student pursuing courses like BBA, B.Com, BMS, or B.A. (Economics) and face financial constraints, this corporate scholarship helps remove financial barriers so you can focus on building a successful career. Raman Kant Munjal Scholarships 2026

Raman Kant Munjal Scholarship Overview

Feature / DetailOverview
Scholarship NameRaman Kant Munjal Scholarships 2026–27
Offered ByRaman Kant Munjal Foundation (Hero Group)
Supported ByHero FinCorp
Target Audience1st Year UG Students in Finance/Management/Economics
Financial AssistanceINR 40,000 to INR 5,50,000 per year (for 3 years)
Application DeadlineAugust 31, 2026
Mode of ApplicationOnline via Buddy4Study Portal
Mode of DisbursementDirect Bank Transfer (DBT)

Raman Kant Munjal Scholarships 2026 Eligibility Criteria

To be considered for the Raman Kant Munjal Scholarship, applicants must satisfy the following conditions:

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  • Eligible Courses: Must be currently enrolled in the first year of an eligible finance, business, management, or economics undergraduate program:
    • BBA (Bachelor of Business Administration)
    • BFIA (Bachelor of Financial and Investment Analysis)
    • B.Com (Honours / General)
    • BMS (Bachelor of Management Studies)
    • IPM (Integrated Program in Management)
    • B.A. in Economics
    • BBS (Bachelor in Business Studies)
    • BAF / BBI / B.Sc. Statistics or related finance degrees
  • Academic Marks: Must have secured at least 80% marks in both Class 10 and Class 12 board examinations.
    • For Persons with Disabilities (PwD) students, the minimum requirement is 70% marks in Class 10 and Class 12.
  • Annual Family Income: Total parental income from all sources must not exceed INR 6,00,000 per annum.
  • Nationality: Open to Indian citizens only.
  • Special Preference: Priority is given to students from Tier 3 and Tier 4 cities, rural towns, and children of farmers, domestic workers, or daily wage earners.
  • Exclusions: Children of employees/contract workers of Hero FinCorp, Raman Kant Munjal Foundation, and Buddy4Study are not eligible.

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Raman Kant Munjal Scholarships 2026 Benefit & Eligible Degree Courses

Course CategoryEligible DegreesAcademic CriteriaAnnual Family IncomeScholarship Reward
Management & BusinessBBA, BMS, BBS, IPM80% in Class 10 & 12 (70% for PwD)≤ ₹6,00,000 / year₹40,000 to ₹5,50,000 / year (Based on actual college fees)
Finance & CommerceB.Com (H/E), BFIA, BAF, BBI80% in Class 10 & 12 (70% for PwD)≤ ₹6,00,000 / year₹40,000 to ₹5,50,000 / year (Based on actual college fees)
Economics & StatisticsB.A. (Economics), B.Sc. (Stats)80% in Class 10 & 12 (70% for PwD)≤ ₹6,00,000 / year₹40,000 to ₹5,50,000 / year (Based on actual college fees)
Note: The scholarship covers essential educational expenses including college tuition fees, examination fees, books, and study material for up to three years, subject to academic performance.

Raman Kant Munjal Scholarships 2026 Documents

Ensure you have clear scanned copies of the following documents before applying:

  1. Passport-Size Photo: Recent colored photograph of the applicant.
  2. Academic Mark Sheets: Clear copies of Class 10 and Class 12 mark sheets.
  3. Identity Proof: Masked Aadhaar Card and PAN Card of the applicant’s parents.
  4. Current Admission Proof: First-year college ID card, admission demand receipt, fee receipt, or Bonafide Certificate from the college/university.
  5. Income Proof: Valid Income Certificate issued by a competent authority, last 7 pages of Income Tax Return (ITR) displaying all bank accounts, or recent salary slips of salaried parents.
  6. Bank Account Statements: Recent bank account statements of the parents.
  7. Applicant’s Bank Details: Cancelled cheque or copy of bank passbook in the applicant’s name.
  8. LinkedIn Profile URL: Profile link of the applicant.
  9. Affidavit: Signed declaration stating that all information provided is accurate and authentic. Raman Kant Munjal Scholarships 2026

How to Apply Online (Step-by-Step Guide)

Raman Kant Munjal Scholarships 2026
  1. Visit the Portal: Go to the official Raman Kant Munjal Scholarship 2026–27 application page on Buddy4Study.
  2. Account Sign-Up: Click on ‘Apply Now’. Sign in with your registered Buddy4Study account, or register using your Email, Mobile Number, or Google account.
  3. Start Application: Once logged in, click on ‘Start Application’ to launch the online application form.
  4. Enter Details: Fill in your personal information, Class 10 and 12 academic scores, current college details, and bank account information.
  5. Upload Documents: Attach all mandatory scanned documents (mark sheets, income proof, fee receipts, LinkedIn link).
  6. Preview & Submit: Accept the ‘Terms and Conditions’, review your complete application for accuracy, and click ‘Submit’.

Raman Kant Munjal Scholarships 2026 Apply Last Date

  • Application Deadline: August 31, 2026
  • Helpline Number: 011-430-92248 (Ext: 326) (Monday to Friday — 10:00 AM to 06:00 PM IST)
  • Official Support Email: scholarships@rkmfoundation.org
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Conclusion:

The Raman Kant Munjal Scholarship 2026–27 is one of India’s most financial-grant corporate scholarships for undergraduate business and finance students. With up to ₹5.5 Lakh awarded annually for three years, it offers complete financial independence during your college education. Complete your online application before August 31, 2026!