Medley Pharma Scholarship

Scholarship Amount

Up to INR 10,000 non-refundable scholarship, plus interest-free loans from INR 10,000 to INR 1,00,000.

About This Scholarship

The Medley Pharma Scholarship invites applications from students starting from Class 10 onwards. This initiative aims to address illiteracy and provide crucial scholarship opportunities to students who face financial challenges in pursuing their education. The scheme is designed to offer financial assistance to deserving students, irrespective of their caste, creed, religion, or gender.

The scholarship provides a maximum non-refundable cash award of up to INR 10,000 for the entire program. Additionally, an interest-free loan ranging from INR 10,000 to INR 1,00,000 is available, which is refundable. Students are required to refund the loan amount within five years after completing their course. Repayment should commence six months after course completion or one month after securing employment, whichever occurs earlier.

Applications for this scholarship are accepted throughout the year.

Eligibility Criteria

To be considered for the Medley Pharma Scholarship, applicants must meet the following criteria:

• Be a permanent resident of Maharashtra and currently pursuing a course within Maharashtra.
• Have successfully passed Class 10.
• Be enrolled in one of the following educational categories:
• Junior College
• Graduation
• Diploma course
• Post Graduation
• ITI
• Management Course
• Other similar courses.
• Have achieved a minimum of 60% marks in their most recently completed examination.
• Possess an annual family income of less than INR 2 Lac from all sources.

Important Note: Only one individual from a single family is eligible to apply for this scholarship scheme.

Required Documents

Applicants are required to submit the following supporting documents along with their application:

Income Proof: A photocopy of the Parents/Guardians' pension slip, salary slip, or an income certificate for the current year. This document must be issued and duly certified by the Tehsildar.
Academic Records: A photocopy of duly notarized results from the last three academic years.
Address Proof: Photocopies of your ration card, electricity bill, and maintenance bill.
Identity Proof: A photocopy of your identity card, if available.
Guarantor Documents (for interest-free loan applicants): If applying for the interest-free loan, documents of a guarantor whose income exceeds INR 2 Lac are required.

How to Apply

The application process for the Medley Pharma Scholarship can be completed either by email or by submitting the form in person. Follow these steps:

1. Download the Application Form: Obtain the official application form from the Medley Pharmaceuticals website.
2. Fill Details: Accurately fill in all the required personal and academic details on the application form.
3. Attach Documents: Gather and attach all the necessary supporting documents as listed in the 'Required Documents' section.
4. Submit Application:
By Email: Send the completed application form along with all attached documents to mail.medleylab.com.
In Person: Submit the application directly at the following address:
Medley Pharmaceuticals Limited
Medley House, D‐2, MIDC Area, 16th Road, Andheri (E), Mumbai‐ 400093