Higher education can open the door to better career opportunities, but the cost of college fees, books, accommodation and other academic expenses can be a major concern for many families. To help deserving students continue their education, the Raman Kant Munjal Scholarship offers financial assistance to eligible students pursuing selected undergraduate courses related to finance, business and management.
For the academic year 2026–27, students enrolled in eligible programmes such as Bachelor of Business Administration (BBA), Bachelor of Commerce (B.Com), Bachelor of Arts (BA) in Economics and other specified business-related courses can explore this scholarship opportunity.
According to the application information provided, eligible students may receive financial assistance ranging from ₹40,000 to ₹5,50,000 per year, depending on the applicable scholarship terms and individual eligibility. The support may help students meet educational expenses and focus on their studies without placing excessive financial pressure on their families.
The application deadline mentioned for this scholarship is 15 October 2026. Interested students should review the official scholarship page, verify the latest eligibility conditions and submit their applications before the deadline.
This article explains the scholarship amount, eligible courses, qualification requirements, required documents, application procedure and other important details in a simple, step-by-step format.
1. What Is the Raman Kant Munjal Scholarship?
The Raman Kant Munjal Scholarship is an educational financial assistance programme intended to support students pursuing higher education in business, commerce, management, economics and related fields.
The programme is associated with the Raman Kant Munjal Foundation and is presented through the Buddy4Study scholarship application platform. It aims to help eligible students overcome financial barriers and continue their undergraduate education.
For students planning careers in banking, financial services, accounting, business administration, economics and management, financial assistance can make it easier to manage college expenses and concentrate on academic development.
However, receiving a scholarship is subject to the programme’s eligibility requirements, application review and applicable selection procedures. Submitting an application does not automatically guarantee that financial assistance will be awarded.
Students should also remember that scholarship amounts and conditions can vary by programme year. Applicants must therefore rely on the official application page for the final terms applicable to the 2026–27 academic session.
2. How Much Scholarship Can Students Receive?
One of the most important features highlighted in the available scholarship information is the possibility of receiving financial assistance of up to ₹5.5 lakh.
Under the terms described in the supplied announcement, eligible students may receive assistance ranging from ₹40,000 to ₹5,50,000 per year for up to three years, subject to the applicable scholarship rules.
The amount awarded to an individual student may depend on the official programme structure and the conditions specified by the scholarship provider.
The financial assistance may help students manage expenses such as:
- College tuition and other eligible academic fees.
- Textbooks, reference materials and study resources.
- Educational equipment and other necessary learning materials.
- Certain additional education-related expenses, where permitted under the programme guidelines.
Applicants should not assume that every selected student will receive the maximum amount. The actual award, duration, payment schedule and permitted use of funds must be confirmed through the official scholarship terms.
Before applying, students are advised to check whether the scholarship is renewable, how subsequent-year payments are handled and whether any academic performance requirements apply.
3. What Is the Last Date to Apply?
According to the information provided for the 2026–27 scholarship announcement, the last date to submit an application is:
15 October 2026
Students who meet the eligibility conditions should complete the online application process well before the closing date.
Waiting until the final day may create problems if applicants encounter account-registration issues, difficulty uploading documents or errors while submitting the form.
It is advisable to prepare the necessary documents in advance, enter all personal and academic details carefully, and confirm that the application has been submitted successfully.
Important: The deadline stated here comes from the supplied announcement. Applicants should check the official scholarship page for any updated deadline, changes in application availability or additional instructions.
4. Who Is Eligible to Apply for the Scholarship?
Students should carefully examine the eligibility requirements before starting the application process. The supplied scholarship information identifies the following conditions.
Indian Residency
The applicant must be a permanent resident of India.
Students should ensure that their personal details and supporting documents satisfy the identification and residency requirements specified on the official application portal.
Enrolment in an Eligible Undergraduate Course
Applicants must be enrolled in the first year of an eligible undergraduate programme.
The courses specifically mentioned in the supplied announcement include:
Bachelor of Business Administration (BBA): This programme introduces students to business operations, marketing, finance, management and organisational practices.
Bachelor of Commerce (B.Com): Students study subjects related to accounting, commerce, taxation, business law, economics and financial management.
B.Com Honours and related specialisations: Eligible commerce programmes may include honours or specialised courses, depending on the official list of accepted degrees.
Bachelor of Financial and Investment Analysis (BFIA): This course focuses on financial markets, investment analysis, business finance and related concepts.
Bachelor of Management Studies (BMS): Students learn about management principles, business strategy, organisational behaviour and decision-making.
Integrated Programme in Management (IPM): This programme combines undergraduate-level learning with management education and is offered in different formats by participating institutions.
Bachelor of Arts in Economics (BA Economics): This degree covers economic principles, markets, public policy, quantitative analysis and related subjects.
Bachelor in Business Studies (BBS): This programme develops an understanding of business functions, commercial activities and management practices.
The supplied information also refers to other finance-related undergraduate degrees.
Nevertheless, not every course with a similar name will necessarily qualify. Students should verify their exact degree title and institution against the current official eligibility criteria before applying.
Minimum Marks in Classes 10 and 12
According to the supplied announcement, applicants must have secured at least 80% marks in both Class 10 and Class 12.
Students should keep their secondary and higher secondary marksheets ready because the scholarship provider may use them to verify academic eligibility.
Applicants whose marks are close to the required threshold should carefully review the official rules for the treatment of grades, CGPA, board-specific grading systems or other academic qualifications.
Annual Family Income
The annual income of the student’s parents must be below ₹6 lakh, as stated in the supplied information.
This income condition is intended to identify students who may need financial support to continue their education.
Applicants should check which income documents are accepted and whether the scholarship provider requires a particular certificate format, issuing authority or assessment period.
If the family receives income from several sources, students should follow the official instructions when reporting the relevant financial information.
Employment-Related Restrictions
The supplied announcement states that children of employees or contractual workers associated with Hero FinCorp, the Raman Kant Munjal Foundation or Buddy4Study are not eligible to apply.
Students whose parents or guardians work for these organisations should review the official exclusion policy carefully before submitting an application.
Since eligibility rules can be revised, the official scholarship terms should be treated as the final authority.
5. Documents Required for the Application
Applicants should arrange their supporting documents before beginning the online application. Having the necessary records ready can make the process faster and reduce the likelihood of incomplete submissions.
The documents listed in the supplied announcement are as follows.
1. Student’s Aadhaar Card
The student’s Aadhaar card is listed as an identification document. Ensure that the information is readable and matches the details entered in the application.
2. Parents’ Aadhaar Cards
The Aadhaar cards of the student’s parents may be required to verify their identities. Follow the portal’s instructions concerning the documents requested from each parent.
3. Parents’ PAN Card
The announcement lists the parents’ PAN card as another supporting document. Applicants should confirm the exact tax-identification documentation required by the official portal.
4. Proof of Current Educational Enrolment
Students may need to provide evidence that they have enrolled in an eligible undergraduate programme for the 2026–27 academic year.
Depending on the instructions, this could involve an admission letter, college identity document, fee receipt or another accepted enrolment record.
5. Family Income Certificate
An income certificate or other approved evidence of annual family income may be necessary to establish compliance with the income limit.
Students should check the required format and the authority from which the certificate must be obtained.
6. Class 10 Marks Card
The Class 10 marksheet is required to demonstrate the applicant’s previous academic performance.
Ensure that the student’s name, examination details and marks are clearly visible.
7. Class 12 Marks Card
The Class 12 marksheet is important for verifying the minimum academic percentage specified in the scholarship requirements.
Applicants should check that the document is complete and legible before uploading it.
8. LinkedIn Profile URL
The supplied announcement also lists the applicant’s LinkedIn profile URL.
Students should prepare the correct profile link and confirm whether the official form requires a public profile or any additional information.
9. Bank Passbook
A bank passbook may be requested to verify the student’s banking information for scholarship-related transactions.
Applicants should follow the official instructions concerning account ownership, acceptable bank documents and the information that must be visible.
10. Mobile Number
An active mobile number is needed for communication and may be used for account verification or application updates.
Students should enter a number they can access throughout the application and selection process.
Document checklist: Before submitting the application, compare every uploaded file with the official portal’s document requirements. The list above reflects the supplied announcement and may not cover every document requested by the current application form.
6. How to Apply for the Raman Kant Munjal Scholarship Online
The application process described in the supplied information is online. Eligible students can use the following steps as a guide.
Step 1: Visit the Official Scholarship Page
Open the scholarship information page on Apply Now
Read the scholarship description, eligibility conditions, award details and application instructions carefully before proceeding.
Step 2: Select the Apply Now Option
Look for the “Apply Now” button on the scholarship page.
If the application window is open, follow the instructions displayed on the website to begin the application process.
If you are visiting Buddy4Study for the first time, you may need to create an account before proceeding.
Step 3: Create an Account or Sign In
New users should select the account-registration option and enter the information requested by the website.
Existing users can sign in using their registered credentials.
Complete any verification steps required by the platform. Keep your login details secure and avoid sharing passwords or one-time verification codes with others.
Step 4: Complete the Application Form
After signing in, open the scholarship application form.
Enter your personal details, educational information, contact details and other requested information accurately.
Check your name, date of birth, marks, course title, college information and family income details against the relevant documents.
Incorrect information or inconsistencies between the form and supporting records may delay verification or affect the application.
Step 5: Upload the Required Documents
Upload the documents requested by the official application form.
Before uploading, ensure that each file is clear, complete and in an accepted file format. Follow the portal’s instructions regarding file size, image quality and document format.
Do not upload unrelated documents or provide false information.
Step 6: Review the Entire Application
Before submission, review every section of the form.
Check that all mandatory fields have been completed, the documents are attached correctly and the information provided is accurate.
If the portal allows changes before final submission, correct any errors you identify.
Step 7: Submit the Application
Once you have checked all the details, select the “Submit” button or the equivalent option displayed on the portal.
Look for an application confirmation, reference number or status message. Save the confirmation for future reference if one is provided.
Submitting an application does not guarantee selection. The scholarship provider may assess applications according to its eligibility, verification and selection procedures.
Step 8: Monitor Application Updates
After submission, check your registered email address, mobile messages and scholarship account for updates.
Respond promptly if the provider requests additional information or supporting documents.
Continue to use the official application platform for announcements about selection, verification and scholarship disbursement.
7. Important Points Students Should Remember
Before applying, students should keep the following recommendations in mind.
Verify your course eligibility: Similar degree names do not automatically mean that every programme is accepted. Check the official course list.
Confirm the financial requirements: Make sure your family income meets the applicable limit and that you can provide the required supporting evidence.
Check the academic criteria: Review the minimum marks required in Classes 10 and 12 and confirm how the scholarship provider evaluates academic records.
Use accurate information: Enter only genuine personal, academic and financial details. Incorrect or misleading information can create problems during verification.
Apply before the deadline: The date stated in the supplied announcement is 15 October 2026. Check the official website for the latest status and avoid waiting until the final day.
Read the payment conditions: Verify the scholarship amount applicable to your course, the duration of assistance, renewal requirements and the terms governing the use of funds.
Be careful with personal information: Submit sensitive documents only through the official application process. Avoid sharing Aadhaar information, bank details, passwords or verification codes with unknown individuals.
8. Frequently Asked Questions
What is the Raman Kant Munjal Scholarship?
It is a scholarship programme intended to provide financial assistance to eligible students pursuing specified undergraduate courses in business, commerce, management, economics and related areas.
How much financial assistance is available?
The supplied announcement states that assistance may range from ₹40,000 to ₹5,50,000 per year for up to three years, subject to the official scholarship conditions.
Can B.Com students apply?
B.Com students may be eligible if they are enrolled in an accepted first-year programme and satisfy the academic, income and other eligibility requirements.
Can BA students apply?
Students pursuing a BA in Economics are specifically mentioned in the supplied information. Applicants studying other BA specialisations should confirm whether their course is accepted.
What percentage is required in Classes 10 and 12?
The supplied announcement specifies at least 80% marks in both examinations. Applicants should verify the current official criteria before applying.
What is the annual family income limit?
The supplied information states that parental annual income must be below ₹6 lakh. Check the official page for the applicable definition and accepted income documents.
What is the last date to apply?
The announced deadline is 15 October 2026, subject to confirmation on the official scholarship website.
9. Conclusion
The Raman Kant Munjal Scholarship may offer valuable financial support to eligible students pursuing undergraduate education in commerce, business, management, economics and related fields.
For students from families with limited financial resources, scholarship assistance can help reduce the burden of higher education and make it easier to concentrate on academic and career goals.
Students who meet the stated requirements should carefully review the official scholarship terms, prepare the required documents and complete the online application before the announced deadline of 15 October 2026.
Most importantly, confirm the current eligibility rules, available award amount, application status and submission deadline directly on the official scholarship page before relying on the information in this article.
