Scholarship for MBA Students in India 2025 Complete List: Pursuing an MBA in India or abroad is a dream of many students. It opens door to better jobs, leadership roles and personal growth. But sometimes many students face problems like financial, and MBA is expensive in top universities. From tuition fees, books, travel and Accommodation can cost up to several large of rupees. Scholarship for MBA students can be a game changer.
Doing MBA in India is a dream of any students and it open doors to high job salaries leadership role in Companies. There are some eligibility requirements and important documents that you need to check in order to submit your application form. There are many students who had dream to complete MBA, but the cost should not stop any deserving student from pursuing it.
Top 5 Scholarship for MBA Students in India 2025
There are many scholarships for students from poor or middle class families can study in top business schools without burning about money. If you are planning to pursue MBA don’t miss this opportunity apply for these scholarships. They not only provide financial support but also give you confidence and recognition.
To help deserving and hard working students many government and private organisations offers scholarship every year. Whether you are applying IIMs, private colleges, or foreign universities, there is a scholarship option available for you in 2025.
Overview:
| Feature | Details |
|---|---|
| Purpose | To support meritorious and financially needy students pursuing MBA in India |
| Eligibility | Based on academic performance, income status, and institution enrolled |
| Scholarship Amount | Ranges from ₹40,000 to ₹5,00,000 per year |
| Who Offers It | Government PSUs, Private Foundations, Banks, and B-Schools |
| Popular Scholarships | Aditya Birla, IDFC FIRST Bank, OPJEMS, ONGC, PNB Housing, Tata Trusts |
| Application Mode | Mostly Online (via scholarship portals or official websites) |
| Income Criteria | Varies – generally under ₹6 to ₹8 lakh annually |
| Selection Criteria | Academic merit, income level, category (SC/ST), and institution ranking |
| Course Covered | 2-year full-time MBA/PGDM programs in India |
| When to Apply | Between April to October 2025 (depending on the scholarship) |
Who Can Apply for MBA Scholarships
- If you have already applied for MBA or PGDM program in recognised institute or university.
- Candidate have strong academic background.
- Candidate comes from low income family.
- Exams like CAT, XAT, GMAT, MAT, CMAT, etc.
- Candidate belong to reserved categories (SC/ST/OBC/EWS), in some specific schemes.
List of Top Scholarships for MBA Students in India 2025
| Scholarship Name | Provided By |
|---|---|
| Aditya Birla Scholarship | Aditya Birla Group |
| IDFC FIRST Bank MBA Scholarship | IDFC FIRST Bank |
| OPJEMS (O.P. Jindal Engineering & Management) | O.P. Jindal Group |
| ONGC Scholarship for SC/ST Students | Oil and Natural Gas Corporation |
| PNB Housing Finance Protsahan Scholarship | PNB Housing Finance Ltd. |
| IIM Need-Based Scholarships | Individual Indian Institutes of Management (IIMs) |
| Mirae Asset Foundation Scholarship | Mirae Asset Foundation |
| Tata Trusts Professional Studies Scholarship | Tata Trusts |
| SJ Jindal Trust Scholarship | Sitaram Jindal Foundation |
| NSDL Shiksha Sahyog Scholarship (PG Level) | NSDL e-Governance Infrastructure Ltd. |
Related Topic: Fully Funded Scholarships for Indian Students to Study Abroad: Complete List
Scholarship Amount
| Scholarship Name | Amount (Approx.) |
|---|---|
| Aditya Birla Scholarship | ₹1,75,000 per year |
| IDFC FIRST Bank MBA Scholarship | ₹2,00,000 for 2 years |
| OPJEMS (O.P. Jindal Scholarship) | ₹1,50,000 per year |
| ONGC Scholarship (for SC/ST) | ₹48,000 per year |
| PNB Housing Finance Protsahan Scholarship | ₹2,00,000 per year |
| IIM Need-Based Financial Aid | ₹50,000 to full tuition fee |
| Mirae Asset Foundation Scholarship | Up to ₹5,00,000 (selective) |
| Tata Trusts Professional Studies Scholarship | Varies (Need-based) |
| SJ Jindal Trust Scholarship | ₹40,000 – ₹50,000 per year |
| NSDL Shiksha Sahyog Scholarship (PG Level) | ₹10,000 – ₹30,000 per year |
Eligibility:
| Scholarship Name | Eligibility (Short) |
|---|---|
| Aditya Birla Scholarship | Top students at IIMs/XLRI with strong academics |
| IDFC FIRST Bank MBA Scholarship | Family income < ₹6 lakh, admitted to a 2-year MBA program |
| OPJEMS (O.P. Jindal) | Top 10 rankers in top B-schools |
| ONGC Scholarship | SC/ST MBA students, income < ₹4.5 lakh |
| PNB Housing Protsahan Scholarship | Meritorious MBA students, income < ₹8 lakh |
| IIM Need-Based Scholarships | Students at IIMs with low family income |
| Mirae Asset Foundation Scholarship | High academic achievers in top MBA colleges |
| Tata Trusts Scholarship | Indian students with financial need |
| SJ Jindal Trust Scholarship | Good academics, low-income family |
| NSDL Shiksha Sahyog (PG Level) | Postgraduate students with financial constraints |
How to Apply for MBA Scholarships in India
There are some simple steps that you need to follow:
- First of all candidate needs to visit the official website.
- On the home page you need to complete your registration.
- After registration you need to login into your account.
- Now in application form provide your personal academic and income details.
- Upload the necessary documents.
- Submit your application form.
Documents Required
- Passport-size photograph
- MBA admission letter
- Marksheets of previous qualifications (10th, 12th, graduation)
- Entrance exam scorecard (CAT, MAT, etc.)
- Income certificate
- Identity proof
- Bank account details
Important Dates
| Scholarship Name | Expected Application Dates (2025) |
|---|---|
| Aditya Birla Scholarship | July – August 2025 |
| IDFC FIRST Bank MBA Scholarship | May – July 2025 |
| OPJEMS (O.P. Jindal Scholarship) | August – September 2025 |
| ONGC Scholarship (for SC/ST) | September – October 2025 |
| PNB Housing Finance Protsahan | July – September 2025 |
| IIM Need-Based Scholarships | Depends on individual IIM (July–Oct 2025) |
| Mirae Asset Foundation Scholarship | June – August 2025 |
| Tata Trusts Professional Studies | April – July 2025 |
| SJ Jindal Trust Scholarship | Open year-round (Rolling basis) |
| NSDL Shiksha Sahyog Scholarship | August – October 2025 |
Related Topic: Scholarships for Students with Disabilities in India
