Magma Fincorp M-Scholar 2019 - Scholarships for

Helping the academically brilliant students from low income families to pursue their academic
aspirations by pursuing undergraduate courses from prestigious institutes is Magma M-Scholar, a
student empowerment initiative by Magma Fincorp, a Mumbai-Based Non-Banking Financial Company (NBFC).

Who can apply?
Students who are 20 years old, have secured 80% marks in the Class XII exam and have a monthly

household income less than Rs.10,000 are eligible to avail the scholarship.
Scholarship Details:
 Student must be citizen of India
 Maximum age of applicant as on 15th August 2019 – 20 years
 Scholarship will be granted to students for 3 year degree courses in general stream or 4 years
professional/ specialized courses in engineering, medical, law etc.
 Applicant should have secured minimum 80% marks in school passing out board exam (class
XII) in their respective state boards
 Students from families having monthly household income of less than Rs. 10,000/- (Rupees ten
thousand only) are eligible

Application procedure:
Interested and eligible students can send their application to the office of Magma Fincorp Ltd.
with the following documents:
1. Application letter seeking to be enrolled into the scheme
2. Attested photocopy of the Class XII mark sheet
3. Set of two passport photographs
4. Age proof (School certificate/ Admin card)
5. Address proof and Identity proof
6. Income certificate of parent (Monthly Household Income must be Rs. 10,000/ or less per month)
7. College admission proof (for undergraduate course)
8. Bank account details
9. Character Certificate from School last attended

Application address:
Corporate Communications Department
Magma Fincorp Ltd.
Tower 4A, Ecospace Business Park,
Ambuja Realty Campus, New Town, Kolkata
– 700156. West Bengal

Scholarship enquiry contact: (11am to 5pm)
Email: csr@magma.co.in
Mobile: 7044033714

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