Saksham Scholarship Programme for Drivers’ Children

Scholarship Details

It is an initiative of Mahindra Finance to provide financial assistance to the children of the drivers’ community to support them in continuing their education. Mahindra Finance believes in empowering the academic and career goals of children of drivers by removing the financial barrier. Under this scholarship, students from Andhra Pradesh, Tamil Nadu, Kerala, and Telangana who are studying in Class 1 to 12, graduation and postgraduation level will be provided with a one-time (fixed) financial assistance of up to INR 20,000 to cover their academic expenses. 

The following list of scholarships is available from the Mahindra Finance organization:

• Saksham Scholarship Program for Class 1-8 Students 2022-23
• Saksham Scholarship Program for Class 9-12 Students 2022-23
• Saksham Scholarship Program for Graduate Students 2022-23
• Saksham Scholarship Program for Postgraduate Students 2022-23

Award

Saksham Scholarship Program for Class 1-8 Students

• INR 5,000 for 1 year

Saksham Scholarship Program for Class 9-12 Students

• For Class 9 and 10 – INR 8,000 for 1 year
• For Class 11 and 12 – INR 10,000 for 1 year

Saksham Scholarship Program for Graduate Students

• INR 15,000 for 1 year

Saksham Scholarship Program for Postgraduate Students

• INR 20,000 for 1 year

Eligibility

Saksham Scholarship Programme for Class 1-8 Students

• Open for students from Andhra Pradesh, Tamil Nadu, Kerala, and Telangana.
• Applicants must be studying in Classes 1 to 8.
• One of the parents should be a driver (all light motor vehicles and small commercial vehicles such as taxis, Jeep, Car & delivery vans such as Pickup, magic, school vans, etc) and should hold a valid driving license.
• The annual family income of the applicants from all sources should not be more than INR 4,00,000.
• Children or family members of Mahindra Finance & Buddy4Study are not eligible.
• Scholarships will be awarded to a maximum of two students per family.

Saksham Scholarship Programme for Class 9-12 Students

• Open for students from Andhra Pradesh, Tamil Nadu, Kerala, and Telangana.
• Applicants must be studying in Classes 9 to 12.
• Applicants must have secured 60% and above marks in their previous class.
• One of the parents should be a driver (all light motor vehicles and small commercial vehicles such as taxis, Jeep, Car & delivery vans such as Pickup, magic, school van, etc.) and should hold a valid driving license.
• The annual family income of the applicants from all sources should not be more than INR 4,00,000.
• Children or family members of Mahindra Finance & Buddy4Study are not eligible.
• Scholarships will be awarded to a maximum of two students per family.

Saksham Scholarship Programme for Graduate Students

• Open for students from Andhra Pradesh, Tamil Nadu, Kerala, and Telangana.
• Applicants must be studying in any year of their graduation courses (both general and professional).
• Applicants must have secured 60% and above marks in their previous class.
• One of the parents should be a driver (all light motor vehicles and small commercial vehicles such as taxis, Jeep, Car & delivery vans such as Pickup, magic, school van, etc.) and should hold a valid driving license.
• The annual family income of the applicants from all sources should not be more than INR 4,00,000.
• Children or family members of Mahindra Finance & Buddy4Study are not eligible.
• Scholarships will be awarded to a maximum of two students per family.

Saksham Scholarship Programme for Postgraduate Students

• Open for students from Andhra Pradesh, Tamil Nadu, Kerala, and Telangana.
• Applicants must be studying in any year of their postgraduation courses (both general and professional).
• Applicants must have secured 60% and above marks in their previous class.
• One of the parents should be a driver (all light motor vehicles and small commercial vehicles such as taxis, Jeep, Car & delivery vans such as Pickup, magic, school vans, etc) and should hold a valid driving license.
• The annual family income of the applicants from all sources should not be more than INR 4,00,000.
• Children or family members of Mahindra Finance & Buddy4Study are not eligible.

Documents Needed

Documents required for Class 1 to PG Students

• Photograph of the applicant
• Marksheet of the previous qualifying examination
• Photo identity proof (Aadhaar card/voter id card/driving license/PAN card)
• Address proof (Domicile certificate/residential certificate/telephone bill/ration card)
• Admission proof (Fee receipt/admission letter/institution ID card/ bonafide certificate)
• Family income proof (Form 16A/income certificate from government authority/salary slips, etc.)
• Bank account details of the applicant (canceled cheque/passbook copy)
• Commercial driving license (taxi, cab, minivan, school van, magic/pick-up, etc.)
• Contract copy/income proof/employee ID card (for cab driver’s profile if they do not possess a commercial driving license)

Provider

How To Apply

• Visit the official website of this scholarship scheme by clicking on the link given here.
• The home page will open on your screen.
• The different types of scholarships will open on your screen and you will have to click on the scholarship of your choice.
• You have to read the details related to this scholarship carefully.
• You need to click on the apply online button.
• You will have to log in using your details.
• You have to fill out the application form.
• Upload all of the documents and you will be eligible for this scholarship.