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MAGMA FINCORP M SCHOLARSHIP

West Bengal

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Last date

15/08/2026

Reward

50,000

Qualification

Engineering, Law, Other

Post

Under Graduate

General information

Scholarship name

MAGMA FINCORP M SCHOLARSHIP

Magma Fincorp incorporates Magma M scholarship with the dream of “padhega India tabhi to badhega India”. It has benefitted more than 400 academically brilliant students till now. This scholarship scheme helps and supports those deserving students pursuing higher education in Science, Engineering, Medical, Humanities, Law and Commerce from well-recognized institutes in India. ITEM DESCRIPTION Name MAGMA FINCORP M SCHOLARSHIP Provided By Magma Fincorp Ltd Purpose To provide financial assistance to the needy students for pursuing undergraduate studies. Scholarship Benefits 20000 - 50000 Rs. No. of Scholarships 100 Required Qualification Class 12 Scholarship Field For Undergraduate studies

Region
West Bengal
Scholarship type
Private
Fields
Engineering, Law, Other
For
Under Graduate

Key dates

Last date to apply: 15/08/2026 The last date to apply for this scholarship is August 15, 2026.

Eligibility

Magma Fincorp is assisting in creating the bright future of extraordinary students through the Magma M scholarship program. As a result, intellectual students can fulfil their dreams of studying in prestigious institutes in India. The Magma M scholarship eligibility criteria may be summarised in the following points. Magma M scholarship is open to Indian Nationals under 20 as of 15 August 2

  1. The students must hold a minimum of 80% score in the Arts stream and 85% or more in the Science/ Commerce stream in class 12th board exam of session. The annual family earnings of the candidate applying for the Magma M scholarship should be less than INR 10,000 monthly (INR 1,20,000 annually). The scholarship is granted for a degree course of 3 to 5 years in Arts, Commerce, Science, Law, Engineering etc.

Award & availability

Stated amount: 50,000 The Magma M scholarship has helped more than 400 needy students pursue their higher education and establish life. Various rewards are offered to deserving scholars belonging to financially low-income families through which they can meet their study expenses. The rewards are mentioned below.

  1. The eligible students receive financial help of INR 20,000 to INR 50,000 annually as the Magma M scholarship amount.
  2. The scholarship is annually renewed based on the candidate's grades in the annual exams.
  3. A total number of 100 scholarships are provided to meritorious students.
  4. The duration of the scholarship is 3 years. The company announces the launch of M-Scholar which will provide scholarships to 100 deserving students for higher education at the undergraduate level.

Application

Information is not Available. The M-scholarship from Magma Fincorp for undergraduate students has been offered to needy and deserving candidates since 2

  1. As a result, many students have taken advantage of this beneficial scholarship program. The application procedure is easy and simple, which is made even easier for interested applicants through the step-wise process mentioned below. Step 1: The candidates, first of all, have to visit the official website of the Magma M Scholarship. Step 2: On the Magma M scholarship portal home page, the applicant has to download Magma M scholarship application form. Step 3: After downloading the form, candidates must take a printout. Step 4: They should start filling the Magma M scholarship online form carefully in their handwriting for offline submission or mail the form for online application mode. Step 5: The applicants should complete the application form and attach the mandatory authentic Magma M scholarship documents. Step 6: Finally, they must enclose the Magma M scholarship application form in an envelope mentioning “Magma Fincorp Ltd.” and post it through speed/registered post or courier at the below-mentioned address before the Magma M scholarship last date. Step 7: For online submission, the eligible candidate must send an email with M scholarship online form along with all the relevant details and the income proof at csr@magma.co.in. Documents Required The Magma M scholarship scheme is instigated by the group Magma fincorp which believes in “investing in smallest dreams” and exhibiting the same in real life. Its newly launched M-Scholar program assists around 50 meritorious students per year. The application form requires some supportive Magma M scholarship documents, which are listed below. Scanned copy of passport size photo Copy of class 12th mark sheet (attested) Family income certificate Student’s ID proof (adhaar card) Admission proof of college State level / National level certificate (if any) Scanned copy of cancelled cheque or passbook Character certificate of the student Application letter duly filled by the candidate

Selection process

In order to select the student, the authority will firstly check the candidate’s eligibility for this scholarship. Also, the candidate’s academic performance, financial background and the need for the scholarship is taken into consideration.

Contact

Scholarship enquiry contact: (11 am to 5 pm) Email: csr@magma.co.in Mobile: 7044033714 For more information please log on to: http://www.magma.co.in For media queries contact: Diana Monteiro - diana.monteiro@magma.co.in Phone: 912262291150 For more information Click here Apply Now https://poonawallafincorp.com/pdf/press_release/Press-Release-M_Scholar-2020_28Jul.pdf