India’s largest gold loan NBFC launched a new scholarship scheme known as the Muthoot Finance scholarship scheme. This scheme is the 9th edition of Muthoot M George Higher Education Scholarship 2025-26. This scheme is created for all the meritorious students who have secured admission in B.Tech, MBBS, or B.Sc.Sc Nursing programs during the academic year across the country.
If you are a permanent resident of India and wish to avail the benefits of this scheme, then keep reading this article till and because in this article, we will discuss the Muthoot Finance scholarship scheme, its objective, benefits, eligibility, required documents, how to apply Muthoot Finance scholarship scheme online, and other important information
What is the Muthoot Finance Scholarship Scheme
The Muthoot Finance scholarship scheme is a welfare scheme launched by India’s largest gold loan NBFC. Under this scheme government aims to help and support all the meritorious students who have secured admission in B.Tech, MBBS, or B.Sc Nursing programs during the academic year across the country. Through this scheme, all the selected MBBS students will receive a total scholarship of ₹2,40,000, whereas all the eligible students of B.Tech and B.Sc Nursing students will receive a total scholarship of ₹1,20,000.
The government selected all eligible students from Kerala and various major cities such as Hyderabad, Mumbai, Bengaluru, Delhi, Chennai, and Kolkata. By offering this scheme government selected 10 students from every stream, so the total students is 30 from every city who are avail the benefits of this scheme.
Objective of the Muthoot Finance Scholarship Scheme
The main objective of the Muthoot Finance scholarship scheme is to provide a scholarship to all the meritorious students who have secured admission in B.Tech, MBBS, or B.Sc.Sc Nursing programs during the academic year across the country. Under this scheme government aims to empower all the eligible students across the country. Through this scheme government wants to provide higher and better education to all eligible students across the country. By offering this scheme government wishes to ensure that every deserving student can continue their further studies without any financial trouble. There are a total of 394 students under this scheme, and the total budget of this scheme is ₹3.94 crore.
How to apply for the Muthoot Finance scholarship scheme online
- Visit the Official Portal:-
- First of all, applicants need to visit the scholarship official portal at mgmscholarship.muthootgroup.com.
- Register Themselves:-
- After that, applicants need to register themselves if they are new users
- Enter Required Details:-
- Now, applicants need to enter all the required details in the application form, including personal, academic, and financial information
- Select Region:-
- After that, applicants need to choose the region corresponding to their permanent address, not the location of their college
- Upload Documents:-
- Now, applicants need to upload all the required documents, like the marksheet and proof of income
- Submit the Application Form:-
- After that, applicants need to submit the application form carefully and submit the application form before the deadline
Benefits of the scheme
- The main objective of the Muthoot Finance scholarship scheme is to provide a scholarship to all the meritorious students who have secured admission in B.Tech, MBBS, or B.Sc Nursing programs during the academic year across the country.
- The government selected all eligible students from Kerala and various major cities such as Hyderabad, Mumbai, Bengaluru, Delhi, Chennai, and Kolkata.
- Under this scheme government aims to empower all the eligible students across the country.
- Through this scheme government wants to provide higher and better education to all eligible students across the country.
- By offering this scheme government wishes to ensure that every deserving student can continue their further studies without any financial trouble.
- There are a total of 394 students under this scheme, and the total budget of this scheme is ₹3.94 crore.
Eligibility Criteria
- Applicants must be permanent residents of India
- Applicants must secure 90% or equivalent grade in the qualifying examination (+2)
- Applicant’s family income must not exceed ₹2 lakh per annum.
Required Documents
- Aadhaar Card
- Resident Proof
- Income Certificate
- Birth Certificate
- Caste Certificate
- Bank Account Details
- Qualification Certificate
- Phone Number
FAQ’s
Who launched this scheme?
India’s largest gold loan NBFC launched this scheme
Who is eligible for this scheme?
All the meritorious students who have secured admission in B.Tech, MBBS, or B.Sc Nursing programs during the academic year across the country are eligible for this scheme
How can we apply for this scheme?
All applicants need to visit the official portal to apply for this scheme
Khushi Singh
Khushi Singh is a content writer with 5 years of experience in government schemes. She writes simple and helpful articles that guide people to understand and benefit from public welfare programs.