Indian Oil Corporation Limited is the India’s largest commercial Exchange rate between Canadian Dollar and British pound enterprise. In addition to it, it is No.1 Indian Company in Fortune ‘Global 500’ listing. IOC has announced 450 Scholarships for meritorious students across India under the IOC Scholarships Scheme. In line with the social responsibility programme of the Indian Oil’s, the scheme offers attractive scholarships to talented and bright students. The students are selected on the basis of merit and means. The number of scholarships awarded is 450 and it covers the first year students of 10+ / ITI, MBA, Engineering, and MBBS. The applications for availing these scholarships are invited via newspaper advertisements under the Indian Oil Corporation Scholarships Scheme.
Under the Indian Oil Corporation Scholarships Scheme, 250 out of total 450 scholarships are awarded to 10+/ ITI students on the zonal basis where in Rs. 1000 per month is awarded for the period of two years. Similarly, the engineering (100) and MBBS (40) students are awarded the scholarships of Rs. 2000 per month for period of four years. MBA (60) students are entitled to a scholarship of Rs.2000/- per month for a period of two years under the Indian Oil Corporation Scholarships Scheme.
Special emphasis is given to the physically challenged students, girl students, J &K and the Northeast States under the Indian Oil Corporation Scholarships Scheme. There are a large number of factors that makes the students eligible for the scholarships such as students pursuing full time courses in concerned streams, students studying in Schools/Colleges/ Universities that are recognized by various state and CBSE boards, shall be eligible to apply. Students of two year full time PG course in Management/ Business Administration recognized by Central/State Govt, are eligible for management stream scholarship. The gross Joint income from all sources of the family of the eligible candidate should not exceed Rs. 1,00,000. The Income certificate is issued by Competent Revenue Authorities only. The minimum age limit is 15 years and maximum is 30 years.