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Updated On - April 23rd 2025, Updated By - Vidhyaa

M Scholarship or Magma Scholarship 2025: Eligibility, Reward, and Apply Online

Magma Fincorp is offering the M Scholarship or Magma Scholarship 2025 to those students who have passed Class 12th with a minimum of 80% marks (85% for science/commerce streams). This scholarship is available for meritorious students from financially poor families. The M Scholarship aims to provide financial assistance to needy students for pursuing undergraduate studies. The M Scholarship has been offered to deserving candidates since 2015.

Magma Scholarship 2025 Eligibility Criteria

Here, students can check details about the eligibility criteria of the M Scholarship.

  • Indian nationals are eligible to apply for this scholarship.
  • Students must have passed the 12th board examination with a minimum of 80% marks in arts stream (85% in science/commerce streams) from their respective boards.
  • Students with a family income of less than INR 10,000/- per month can apply.
  • The maximum age of the applicant should not be more than 20 years as on 15th August of the year of admission.
  • The scholarship is granted for a degree course of 3 to 5 years in Arts, Commerce, Science, Law, Engineering etc.

M Scholarship 2025 Reward

Selected students will receive financial assistance from INR 20,000/- to INR 50,000/- annually. This scholarship is renewed every year after grades are confirmed in the annual examination. Magma provides a total of 100 scholarships to meritorious students. The duration of the scholarship is 3 years. The M Scholarship has helped more than 500 needy students of low-income families to pursue their education and create a deserving career.

M Scholarship 2025 Application Form and How to Apply

Step 1: Go to the Magma M Scholarship website.

Step 2: Download the application form from the website.

Step 3: Print the form.

Step 4: Fill in the form in your handwriting if you submit offline. If you are submitting via email, fill out the form digitally.

Step 5: Attach all the required documents to the form.

Step 6: For offline submission, put the application and documents in an envelope marked “Magma Fincorp Ltd.” and send it by registered post, speed post, or courier to the address given below before the 2025 scholarship cycle deadline.

Step 7: If submitting online, email the filled application form and documents, including proof of income, to csr@magma.co.in.

M Scholarship 2025 Document Checklist 

  • Income Certificate
  • Admission proof
  • Aadhar Card and 2 passport size photographs
  • Self-written application letter for scholarship
  • Canceled Cheque
  • Class 12th mark sheet

Important Date to Remember for M Scholarship

Last Date to apply for the M-Scholarship is 15th August.

Selection Procedure for M Scholarship

The authority will first check the candidate’s eligibility for this scholarship to select the student. Also, the candidate’s academic performance, financial background, and scholarship needs are considered.

Contact Details for M Scholarship

The Magma M scholarship 2025 provides financial support to poor and needy students to take on their undergraduate degree courses. The Magma M scholarship amount is granted under the scholarship program called M-Scholar. For further enquiries, the interested candidate can contact the details below.

Contact Details

Helpline Number

70440 33714

Email

csr@magma.co.in

Address

CSR Dept Magma Fincorp Ltd. # 501, 5th floor, Tower 4A Ecospace Business Park, Action Area -ll, Newtown, Kolkata, West Bengal 700156.

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