Mahindra Finance Saksham Scholarship 2026-27: Apply for Up to ₹20,000 Financial Assistance
Mahindra Finance Saksham Scholarship 2026-27: The Mahindra Finance Saksham Scholarship 2026-27 is an education support initiative aimed at helping students from economically disadvantaged families continue their studies. The scholarship provides financial assistance to eligible students studying from Grade 1 to Grade 12, ITI, Diploma, Graduation and Postgraduation.
Under the programme, selected students can receive one-time financial assistance of up to ₹20,000. In addition to financial support, scholars studying in Grade 9 and above can also receive mentorship sessions focused on employment readiness, cyber safety, communication, financial literacy and time management.
What is Mahindra Finance Saksham Scholarship?
The Saksham Scholarship is designed to support students who face financial challenges in pursuing their education.
Through this initiative, financial assistance is provided to eligible students so that they can continue their academic journey and work towards their educational and career aspirations.
The programme covers students at different stages of education, from school-level studies to higher education.
Mahindra Finance Saksham Scholarship 2026-27 Highlights
Feature Details Scholarship Name Mahindra Finance Saksham Scholarship Academic Level Grade 1–12, ITI, Diploma, Graduation & Postgraduation Financial Assistance Up to ₹20,000 Type of Support One-time financial aid Minimum Marks 50% for Grade 9 and above Annual Family Income Less than ₹5 lakh Previous Beneficiaries 8,500+ students 2026-27 Target 7,000+ students Mentorship For scholars studying in Grade 9 and above Coverage Students across India
Scholarship Amount
Under the Saksham Scholarship programme, eligible students can receive financial assistance of up to ₹20,000.
The assistance is provided as one-time financial aid and is intended to support students in continuing their education.
Who Can Apply?
Students studying in the following educational levels may be eligible for the scholarship:
- Grade 1 to Grade 12
- ITI
- Diploma
- Graduation
- Postgraduation
However, applicants must satisfy the applicable academic, income and family eligibility conditions.
Eligibility Criteria
Students should carefully check the following eligibility requirements before applying.
1. Educational Qualification
Applicants must be studying in Grade 1 to Grade 12, ITI, Diploma, Graduation or Postgraduation.
2. Academic Performance
Students studying in Grade 9 and above must have secured at least 50% marks in their previous academic year.
3. Family Income
The applicant’s annual family income must be less than ₹5 lakh.
4. Number of Children Per Family
The programme has specific rules regarding the number of applicants from the same family.
If both children are studying below Grade 10, a maximum of two children from the same family can apply.
If a child is studying in Grade 11 or above, only one child per family is eligible.
Mentorship Programme for Grade 9 and Above
One of the additional benefits of the Saksham Scholarship is mentorship support for scholars studying in Grade 9 and above.
The mentorship sessions are intended to help students develop practical and personal skills that can be useful for their future studies and careers.
The sessions cover areas such as:
Employment Readiness
Students can receive guidance aimed at preparing them for future employment opportunities.
Cyber Safety
Students can learn about responsible and safe use of digital platforms and online services.
Grooming and Communication
The programme also focuses on communication and grooming skills that can support students in their academic and professional journeys.
Financial Literacy
Students can gain awareness about basic financial concepts and responsible financial management.
Time Management
Time-management guidance can help students organise their studies and other activities more effectively.
How to Apply for Saksham Scholarship 2026-27?
Students who meet the eligibility criteria should check the official scholarship application process and submit their application within the specified application period.
Before submitting the application, applicants should:
- Check the latest eligibility requirements.
- Keep the required educational and income-related documents ready.
- Enter the applicant’s details correctly.
- Verify all information before submission.
- Submit the application through the designated official application platform.
- Keep a copy or acknowledgement of the submitted application for future reference.
Note: The exact application link, deadline and document requirements should be verified from the latest official scholarship announcement before applying.
Documents Applicants May Need
Depending on the application requirements, students may be asked to provide documents such as:
- Student’s identity proof
- Recent photograph
- Previous academic marksheet
- School/college admission or enrolment proof
- Family income proof
- Bank account details
- Other documents specified in the official application guidelines
Applicants should submit only valid and accurate documents.
Why Apply for Saksham Scholarship?
The scholarship can provide valuable support to students who require financial assistance for continuing their education.
Key Benefits
- Financial assistance of up to ₹20,000
- Available across multiple educational levels
- Supports students from economically disadvantaged families
- Covers school and higher education students
- Mentorship support for Grade 9 and above
- Guidance on employment readiness and important life skills
2026-27 Beneficiary Target
The Saksham Scholarship programme has already benefited more than 8,500 students across India.
For the 2026-27 academic year, the programme is targeting more than 7,000 students.
This reflects the programme’s focus on expanding educational support to students who need financial assistance.
Important Instructions
Students and parents should carefully read the official scholarship guidelines before submitting an application.
In particular, applicants should verify:
- Eligibility criteria
- Family income requirement
- Minimum marks requirement
- Number of eligible children per family
- Required documents
- Application deadline
- Official application procedure
- Scholarship disbursement details
Providing incorrect information or incomplete documents may affect the application.
Frequently Asked Questions
What is the Mahindra Finance Saksham Scholarship?
It is a scholarship initiative that provides financial assistance to eligible students to support them in continuing their education.
How much scholarship amount is available?
Eligible students can receive one-time financial assistance of up to ₹20,000.
Which students are eligible?
Students studying in Grade 1–12, ITI, Diploma, Graduation and Postgraduation may be eligible, subject to the applicable criteria.
What is the income limit?
The annual family income should be less than ₹5 lakh.
Is there a minimum marks requirement?
Yes. Students studying in Grade 9 and above must have scored at least 50%.
Can two children from the same family apply?
If both children are below Grade 10, up to two children per family can apply. If a child is studying in Grade 11 or above, only one child per family is eligible.
Is there any additional support apart from financial assistance?
Yes. Scholars studying in Grade 9 and above can receive mentorship sessions covering employment readiness, cyber safety, grooming and communication, financial literacy and time management.
The Mahindra Finance Saksham Scholarship 2026-27 provides an opportunity for eligible students from financially disadvantaged families to receive support for continuing their education.
With one-time financial assistance of up to ₹20,000, coverage from Grade 1 to Postgraduation, and additional mentorship support for Grade 9 and above, the programme can help students move closer to their academic and career goals.
Students and parents who meet the eligibility conditions should check the latest official application details and submit their applications within the prescribed timeline.
