According to official sources on August 23, Mumbai headquartered Capital First - a leading Indian financial institution which provides debt financing to MSME’s and consumers in India - has launched its Capital First Scholarship Programme under which the company will grant 1 lakh per annum as scholarship to meritorious students from economically backward sections of the society. Capital First will sponsor about 100 deserving students whose annual family income is less than INR 6 lakh per annum.
Students who will begin their MBA programme in the academic year 2017-18 will have to fulfill certain criteria, create an account on the portal and complete the formalities required for the online application. After the registration process, candidates are required to provide their personal details, academic records and upload necessary documents. Applications will be reviewed by Capital First Limited and the final intimation will be sent through a mail or can be viewed on the portal as well. The programme has received a tremendous response with the company receiving over 500 applications so far.
The successful beneficiaries will be evaluated periodically from time to time to ensure the beneficiary fulfills his/her dreams by taking the programme seriously.
Comments V Vaidyanathan, founder and chairman, Capital First Limited, “I believe there are a number of meritorious students in India who can get higher education based on merit but cannot afford it. Such students need assistance. We aim to assist such deserving students to aspire more and achieve more. We will not conduct any interviews for students for admission to this programme, merit and economic status are the only criteria. We look forward to welcoming our next batch of aspirants.”
More information about the programme is available on http://www.capitalfirst.com/capital-first-scholarship.
Headquartered in Mumbai, Capital First Limited is a financial institution specialising in MSME and consumer financing supported by proprietary credit evaluation methodologies and strong credit scoring platform.