KC Mahindra Scholarship 2023: Apply Online, Eligibility & Last Date

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In this article today, we will share with all of you the details of the interest-free loans which are available by the organization of KC Mahindra Scholarship Educational Trust. We will share with all of you their eligibility criteria, educational criteria, and the step-by-step procedure through which you will be able to apply for the interest-free loan and take advantage of it. You can apply for the KC Mahindra Scholarship by following either an online or offline method.

KC Mahindra Scholarship 2022
KC Mahindra Scholarship

About KC Mahindra Scholarship 2023

Interest-free loans are provided through the help of the KC Mahindra Educational Scholarship. The scholarship is available to students who want to pursue post-graduation courses across the country. Deserving students who belong to the financially weaker sections of society are eligible to apply for the interest-free loans available by the Mahindra Educational Trust. You have to apply for the scholarship of opportunity before the last date of 31st March 2022. Interest-free loans up to rupees 8 lakh are available in this scholarship scheme.

Also Check: Kalpana Chawla Scholarship

KC Mahindra Scholarship Latest Information 

K.C Mahindra Education Trust recently awarded a total of 335 lakh rupees in scholarships to around 64 students as a part of the scholarship that is presented for PG students who are studying in different countries. The Organisation was inaugurated in the year 1953 and the post-graduation study abroad scholarship was the first ever scholarship that was presented by the organization. This is an interest-free scholarship loan that is awarded to students who are performing really well in their Academics and also have other achievements apart from educational achievements. The top three fellows will be provided an interest-free loan of up to 10 lakh each and the recipients will be pursuing MBAs from universities available abroad. Another 61 students will receive 5 lakh each to study abroad. A total of 2285 applicants are available this year out of which 90 candidates were shortlisted to attend the personal interview.

Details Of KC Mahindra Scholarship

Name KC Mahindra Scholarship 2023
Launched by KC Mahindra Education Trust (KCMET)
Objective Interest-free loan of up to INR 8,00,000
Beneficiaries Undergraduate degree holders
Official site KC Mahindra

KC Mahindra Scholarship Objective

The scholarship has been launched by the KC Mahindra group for the betterment of education in the country. Under this scholarship, interest-free loans of up to Rupees 8 Lakhs will be provided to the economically weaker section of the country so that they can continue their education in post-graduation without any financial hurdles. This will help them in continuing their education irrespective of any financial helplessness.

Important Dates

  • The last date to apply for the scholarship will be updated soon

KC Mahindra Scholarship Eligibility Criteria

The applicant followed the following eligibility criteria to apply for the interest-free loans:-

  • The candidates should be Indian citizens.
  • They should have secured admission to a postgraduate course at an international university.
  • The candidates should have an excellent academic record.
  • They should have a first-class degree or an equivalent diploma.
  • The candidates should have graduated from a recognized Indian university.
  • They should apply for the courses from August 2022 to February 2023.
  • Candidates who want to pursue undergraduate degrees or attend seminars and conferences overseas cannot apply for the KC Mahindra scholarship.

Scholarship Rewards

The following rewards will be provided to the candidates in this scholarship:-

  • The top three candidates of the KC Mahindra Scholarship will receive up to INR 8,00,000 per person.
  • TThe KCMET will provide an interest-free loan of up to INR 4,00,000 for each scholar.
  • The selected students can study in some elite institutions such as Harvard, Stanford, Columbia, Carnegie Mellon, Michigan, UC Berkeley, Georgia Tech, Pennsylvania, London Business School, LSE, Oxford, Cambridge, etc.

Essential Documents

The following documents are essential to apply for the scholarship:-

  • Admission letter
    • The candidates should upload a copy of the admission letter.
    • They should name the admission letter in the following format: John_Doe_Admit letter_Stanford.
    • If the candidate has not received an admission letter, they can upload a word doc mentioning they have applied to the university but are yet to receive the admission letter or email on the word doc.
  • A recommendation letter
    • The candidates should obtain a signed testimonial from one referee.
    • It should be on the company/institution letterhead.
    • If the candidates cannot obtain the letter within the specified time, they can mail it from their official email to rodrigues.kieran@mahindra.com.
    • The candidates should name the file in the following format: John_Doe_LOR.
  • Statement of purpose
    • General aptitude
    • Their interests
    • The type of vocation they would like to pursue
    • Their ambition
    • Aspirations
  • The candidates should prepare a short statement of purpose letter.
    • It should contain the following information:
    • The candidate should name the file in the following format: John_Doe_Statement
  • Copy of IELTS or TOEFL scorecard (if applicable)
    • The candidate should name the scorecard in the following format: John_Doe_IELTS.
  • Copy of the candidate’s GRE/GMAT scorecard (if applicable)
    • They should name the file in the following format: John_Doe_GRE.
  • Course certificate, degree certificate, and mark sheets
    • The candidates should submit these documents in the following format: John_Doe_Marksheets
  • Candidate’s rank certificate (if applicable)
    • They should send the file and name it John_Doe_RankCertificate.
  • Copy of candidate’s class X and class XII mark sheets and school leaving certificates
    • They should upload the document and name the file as John_Doe_SchoolMarksheets
  • A self-attested copy of their age proof
    • The candidates should name the file as John_Doe_Age.
  • An updated and detailed CV
    • The file’s name should be in the following format: John_Doe_CV.
KC Mahindra Scholarship Selection Criteria

The applicant will be selected based on the following selection criteria:-

  • The selection committee chooses candidates based on their academic merit, financial situation, and ambitions.
  • They will shortlist the candidate based on their education trust scholarship form and written purpose statement.
  • The committee will prefer candidates who want to pursue a course in areas that will directly relate to India’s development.
  • The committee will also prefer the students pursuing biogas technology for rural areas, oceanography, seabed mining, fisheries, survey & prospecting of mineral resources in the country, alternate energy sources such as solar, wind, and tidal energy, agricultural research and engineering, transportation economics, off-shore drilling, and exploration of other oceanic products.
  • The shortlisted candidates should attend a KC Mahindra education trust scholarship interview.
Terms and Conditions

The applicant must follow the following terms and conditions to apply for the scholarship:-

  • The duration of the KC Mahindra scholarship is for two years.
  • The selected candidates will receive an interest-free loan.
  • The postgraduate degree should be a two-year course. However, candidates enrolling in courses for more than two years should seek approval from the scholarship trustee in advance.
  • The candidates should provide a guarantor for the scholarship loan.
  • The applicants should repay the scholarship loan amount within 24 months of completing the course (OR) within 48 months of receiving the KC Mahindra scholarship (whichever is earlier).
  • The scholars are free to work at any institution or firm of their choice.
  • The KC Mahindra scholarship trustee is not obligated to employ the scholars after the completion of their course.
  • The candidates should sign an agreement with the terms and conditions.
  • Candidates should commence their studies on a fixed date and at institutions agreed by the scholarship trustees.
  • The candidates cannot alter the course or training under any circumstances without prior approval from the KC Mahindra scholarship trustees.
  • The trustees will discontinue or decrease the scholarship amount if they receive benefits from other scholarships.
  • The candidates should submit an acknowledgment stating the payments to be made by them or on their behalf to the KC Mahindra scholarship trustees.
  • The candidates should immediately pay back the loan amount if the scholarship gets forfeited or change their nationality or acquire foreign citizenship.
  • The trustees will deprive the candidates of KC Mahindra scholarship benefits if they get involved in any serious misconduct or fail to maintain a reasonable proficiency, or fail to pursue their studies or training.

Also Check: Dr Manmohan Singh Scholarship

Online Application Under KC Mahindra Scholarship

To apply for the scholarship by following the online method you will have to follow the simple procedure given below:-

Online Application Under KC Mahindra Scholarship
Official Website
  • The homepage will be displayed on your screen.
  • Click on the ‘what we do‘ tab on the scholarship homepage.
What We Do
Click Here To Apply
  • A new page will be displayed on your screen
  • Enter all of the details.
  • The candidates should upload their photographs in FirstName_LastName_Photograph format.
  • Fill in the scholarship form with accurate details.
  • Upload the necessary documents.
  • Verify the information before making the final submission to avoid rejections of the scholarship form by concerned authorities.

Offline Application

To apply for the scholarship by following the offline method you will have to follow the simple procedure given below:-

Application Form
  • Take a printout of the application form
  • Fill in the details
  • Attach the passport-size photograph on the scholarship form.
  • Attach all the necessary documents to the application form.
  • Send it to-
  • KC Mahindra Education Trust, Cecil Court, 3rd Floor, Near Regal Cinema Colaba, Mahakavi Bhushan Marg, Apollo Bandar Colaba, Mumbai, Maharashtra, India – 400001.

Contact Details

Phone Number 022-6897-5526
Email ID rodrigues.kieran@mahindra.com
Address K. C. Mahindra Education Trust, Cecil Court, Near Regal Cinema, Mahakavi Bhushan Marg, Mumbai – 400001.
Get in Touch
  • Open the Official Website of the scholarship program.
  • The homepage of the website will open.
  • Click on the Get in touch option.
  • A new form will open.
Get In Touch
  • Enter the details in the form.
  • Now click on the Submit option.
KC Mahindra Scholarship 2023 FAQs
How many scholarships are awarded by K.C Mahindra Education Trust?

K.C Mahindra Education Trust recently awarded a total of 335 lakh rupees in scholarships to 64 students. The top 3 students are provided 10 lahks each and others are provided 5 lahks each. 

What is the selection procedure under the KC Mahindra Scholarship 2023?

Applications are invited for the scholarship online on the basis of the eligibility criteria presented by the organization and the students are shortlisted on the basis of their academic performance. The final selection is based on the personal interview round. 

What are the reward details of the KC Mahindra Scholarship 2023?

A total of 2285 applicants applied for the scheme out of which 90 candidates were shortlisted to attend the personal interview. The top 3 students are provided 10 lakh and others are provided 5 lakh rupees each out of the 64 beneficiaries. 

Can I apply for the scholarship if I am pursuing an MBA in India?

The scholarship is actually available for students who want to pursue MBA or other PG courses outside India so this scholarship is reserved for people who are traveling abroad to continue their MBA.

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