Saksham Scholarship Program 2023-24 - Mahindra Finance

Posted by Olympiad Tester on Jan 05, 2024

About the Scholarship

Saksham Scholarship is a CSR initiative by Mahindra Finance, implemented by Synergie. This is part of Swabhimaan, the flagship CSR program of Mahindra Finance, aimed at the holistic development of drivers and their family members.

Under the Saksham Scholarship initiative, scholarships will be provided to children of drivers. In 2023-24, they aim to reach nearly 2000 children.

Eligibility Criteria

Upto Grade 10
Applicant is currently a student in school (grades 1-8).
One of the parents is a driver (LMV or LCV) and holds a valid driving license.
The annual family income is less than or equal to INR 3 Lakh.
The applicant’s school is in Uttar Pradesh, Uttarakhand, Gujarat or Maharashtra.
Grade 11, 12, Graduation and Post-Graduation
The applicant is currently a student in school (grades 9-12) or college (graduation/post-graduation in arts, science, or commerce or equivalent).
One of the parents is a driver (LMV or LCV) and holds a valid driving license.
The annual family income is less than or equal to INR 3 Lakh.
The applicant’s school or college is in Uttar Pradesh, Uttarakhand, Gujarat, or Maharashtra.
Applicant has passed last year’s grade with a minimum 60% score.

Benefits

Grade 5 to 8: INR 5,000
Grade 9 to 10: INR 8,000
Grade 11 to 12: INR 10,000
Graduation: INR 15,000
Post-Graduation: INR 20,000

How to Apply?

Interested candidates can apply for the scholarship through this link.

Selection Process

All application forms will be assessed, and eligible students will be shortlisted.
The organizers will conduct due diligence on the applications and scrutinize the submitted forms. Organizers may contact the students for clarifications or additional documents if required.
Selection of students for scholarship:
All shortlisted students currently studying in grades 5-10 who clear the screening will be selected for the scholarship on a first-come-first-served basis.
All shortlisted students currently studying in grade 11 to the final year of post-graduation will undergo an online interview and the finalists will be selected for the scholarship.
The scholarship money will be transferred to the bank account of the student.