The Anand Rathi Scholarship

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The Anand Rathi Scholarship is aimed to help those deserving needy children and provide them with adequate support such that they can lead an independent and dignified life. It aims to empower the target groups through financial support strengthened by internship and employment opportunities upon successful completion of the program.

Eligibility

  • student pursuing undergraduate courses or Management courses
  • Annual Family income below Rs. Five Lakhs Only
  • Average percentage of 70% and above in Xth and XIIth standard and/or graduation (if applicable

Selection Process

The selection process will follow the below mentioned procedure:

  • Submission: The students will be intimated via email regarding opening applications for the said scholarship, they are expected to apply on the portal with required documents (Somaiya.edu).
  • Screening: From the received applications, the Anand Rathi team will verify the documents and shortlist the students for the scholarship.
  • Evaluation: The personal interaction with the management of Anand Rathi team will be conducted and based on that scholarship awardees list will be finalized.

Documents Required

  • Income Proof: Income certificate OR Income Tax Return (ITR) for the latest financial year of both parents. If the mother is not working Nil return is required or provide the bank statement for the last six months.
  • Bank Statements: Last six months' bank statements of all earning family members (parents and elder siblings).
  • Address Proof: (Ration card & Recent electricity bill of residence of last three months)
  • Identity Proof: (Aadhar card copies of all earning members)
  • Educational Documents: Mark sheets from all previous boards.
  • Employment Proof: For salaried individuals: Appointment letter OR salary slip OR offer letter.
  • For self-employed individuals: GST certificate OR business-related legal documents.
  • Death Certificate (parent or guardians, If applicable)
  • Statement of Purpose letter to the Anand Rathi CSR team.
  • Self-Declaration: A signed declaration by the student

Awards

  • This scholarship award amount would cover the college tuition fees, examination fees or any other fees of the student, and the books for one year of the entire elected course
  • Internship opportunity with Anand Rathi Group for 3 months
  • Renewal of scholarship is subject to The Candidate having scored minimum 70% grades and 75% attendance in the elected course in the previous academic year