Magma Fincorp to offer scholarship to poor students

Magma Fincorp on Wednesday announced the launching of M-Scholar, an initiative that offers scholarships to students from weaker sections of society.

The M-Scholar-2019 would entail handing out scholarships to as many as 100 students willing to pursue higher education and the qualification is that they should have passed class XII with 80% score.

The initiative was launched in 2015. Of its 300 scholars, 43 are from Andhra Pradesh and Telangana and 86 from other south Indian States.

Prempal Kumar, a scholarship-recipient, said, “The M-Scholar programme has been key in ensuring that there is no impediment on the path to pursuing quality education from a prestigious institute. The scholarship programme has enabled me to expand my academic horizons and set on a path of economic development and sustainability”.

For enquiries, applicants can write to csr@magma.co.in or call 7044033714 and 033 44017469.