Magma M.Scholar Program 2019 for Undergraduate degree courses
Magma M.Scholar Program 2019 for Undergraduate degree courses

Magma M.Scholar Program 2019 for Undergraduate degree courses


Magma M.Scholar Program 2019  – Application are invited by Magma Fincorp a Mumbai Based Non Banking Financial Company (NBFC) for its Magma M. Scholar Program 2019

Magma M-Scholar Program

  • The M-Scholar program has been key in ensuring that there is no impediment on the path to pursuing quality education from a prestigious institute. The scholarship program has enabled to expand academic horizons and set on a path of economic development and sustainability.
  • M-Scholar was launched by Magma Fincorp in 2015 and offers the scholarship to meritorious students from economically disadvantaged families. Over the last 4 years, students who have benefitted from the scholarship program have landed plum jobs in the big-ticket public sector and private organizations in key positions.
  • The company announces the launch of M-Scholar 2019, which will provide scholarships to 100 deserving students for higher education at the undergraduate level.
  • 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.

Important Dates

  • Maximum age of applicant as on 15th August 2019–20 years


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

How to Apply

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

Last Date

The last date for application is  15th August 2019.

Contact Details

Application Address

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

Join the Conversation


  1. I am interested in preparing UPSC exam along with my college studies.I like to study in best college near IAS academy. But my family situation is not favorable to me.So please help me to study in college where I get good education.Please offer me with your scholarship for my brightful future.I am waiting for you positive reply for my plea.

  2. Sir,
    ami jodi onno scholership paye thaki tahole ami ki ai scholership pete pari?
    Amar HS2019 percentage is 86.8%
    Please reply sir

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