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R D Sethna Loan Scholarship 2020 - Qualification Details

R D Sethna Loan Scholarship 2020
The R D Sethna Scholarship Fund grants only loan scholarships to students who are citizens of India, regardless of community, caste or creed.

Loan scholarships are granted to enable students to undertake scientific, technical, industrial or commercial studies in India and overseas on the condition that they are repayable with interest in terms of the agreement and other documents required to be entered into and executed by applicants and their male guarantors.

Eligibility Criteria: 
  1. Only those applicants who have passed at least the Secondary School Certificate examination or other equivalent examination and who have secured not less than 50% of the total marks in the last examination given by them prior to the making of the applications are eligible to apply for a loan scholarship.
  2. The person proposed as guarantor must be a male, and permanent resident in Mumbai having a monthly income of not less than Rs.10,000/- for applicants pursuing studies in India and Rs.15,000/- for applicants pursuing studies overseas.
  3. Applicants must submit letters of recommendation from 2 recommenders who are permanent residents in Mumbai.
Required Documents:
  • Certified copies of the Mark sheets of marks secured by the applicant at each examination commencing with the Secondary School Certificate examination or other equivalent examination.
  • A copy of the letter of admission to the college, Institution or University at which the applicant intends to undertake studies. In the case of applicants who have secured admission to USA Universities or Institutions must enclose a copy of the Form I-20. For studies in India the applicant must produce the receipt of the admission fees paid to the College or Institution.
  • Salary certificate or copy of income-tax assessment order of the parents and the person proposed as guarantor.
  • Copies of testimonials/letters of recommendations given to the applicant.
  • A passport size photograph duly certified as the applicant’s photograph by a S.E.M. or Gazetted Officer or head of any recognized College or Institution in which the applicant has studied or is studying.
  • Students proposing studies in India must submit proof of the recognition granted to the College or the Institute by the Govt. of India.
How to Apply: All Applications should be made on the prescribed Form, which can be obtained on request from the Trust office. No Forms will be sent to intending applicants by post, unless the request is accompanied by payment of Rs.50/- either by a Postal Order or by demand draft in favour of R D Sethna Scholarship Fund. Applicants must also send a self addressed Rs.10/- stamped envelope of size: 23 cm x 10 cm. Applicants must indicate whether the Form is required for studies in India or overseas.

Important Dates to be Remembered:
Last date for overseas studies: 31st May, 2020.
Last date for local studies: 31st August, 2020.

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