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Magma M-Scholar Program 2020

M-Scholarship From Magma Fincorp

About Magma M-Scholar Program 2020



Magma believes in “Padhega India tabhi toh aagey badhega India”. To usher in a brighter future, Magma is supporting meritorious students from under-privileged families to live their dream by pursuing higher studies at prestigious institutes. Magma M Scholar is our way of helping the meritorious students pursue their education in Engineering, Medical, Humanities, Science, Commerce and Law at some of India’s best known institutions. So far, Magma M Scholar has provided scholarships to 400 plus students, many of whom are now established in life.


Scholarship Eligibility Details:


* Open to citizens of India, under 20 years of age as on 15 August 2020

* Students who have cleared class XII in 2020 with minimum 80% are eligible to apply.

* Students from families with monthly household income of less than Rs. 10,000

* Scholarship for 3 – 5 year degree courses in general stream / engineering, medical, law etc.


The student needs to submit following documents:


1. Scan Copy Of Passport Size Photo


2. Attested copy of the Class XII mark sheet


3. Income certificate of parent (MHI – Rs. 10,000/ or less)


4. Aadhar Card


5. College admission proof (for undergraduate course)


6. State Level / National Level Certificate (if any)


7. Scan Copy Of Cancelled Cheque or Passbook ( A/c No. / MICR / IFSC code)


8. Application letter seeking to be enrolled into the scheme


For Application Support :


Scholarship Enquiry Contact : (11am to 5pm Only )


Contact No : 70440 33714,  Email ID:  csr@magma.co.in


Magma M-Scholar Online Application Form 


Fill the application form and attach the required documents in .pdf  OR .jpeg format.

( Note: Attaching documents should be clear and the file size of the document should be very less for easy upload of the form)



For technical support contact – 94433 45035




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