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Education21
Home Scholarships

Muthoot Finance Invites Applications for Higher Education Scholarships (210) this year

education by education
November 10, 2025
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Muthoot Finance, India’s Largest Gold Loan NBFC has announced the launch of the 9th Edition of Muthoot M George Higher Education Scholarships 2025-26. Applications are now invited for its professional scholarship program 2025-26, aimed at supporting meritorious students pursuing higher education in professional courses. Over the past nine editions, the initiative has supported a total of 394 students, with an overall scholarship outlay of ₹3.94 crore.

Under this initiative, 210 scholarships will be awarded to meritorious students who have secured admission in B.Tech, MBBS, or B.Sc Nursing programs during the academic year 2025. Eligible students from Kerala and major cities including Bengaluru, Hyderabad, Mumbai, Delhi, Chennai, and Kolkata can now apply for the scholarship.

Applicants are required to select the region corresponding to their permanent place of residence, and not the location of their college of admission, while submitting their scholarship applications. Eligible students can now apply online through the official website: https://mgmscholarship.muthootgroup.com/.

The last date for submission of applications is November 30, 2025.

 Eligibility Criteria for Applying the Scholarships

  • The candidate should secure 90% or equivalent grading in the qualifying examination (+2)
  • The family income of the applicant should not exceed INR 2 lakhs per annum.
  • The candidate should qualify the relevant entrance examination and should have obtained admission in a recognized educational institution.

Each selected MBBS student will receive a total scholarship of ₹2,40,000, while students pursuing B.Tech and B.Sc Nursing will be granted ₹1,20,000 each, covering the four-year course duration. 10 students from each stream – MBBS, B.Tech, and B.Sc Nursing (total of 30 students) will be selected for the scholarships from every location. Now entering its ninth edition, the Muthoot M George Higher Education Scholarship stands as a testament to the company’s unwavering commitment to promoting access to higher education and empowering India’s youth through inclusive and equitable opportunities for learning.

Speaking on the initiative, Mr. George Alexander Muthoot, MD, Muthoot Finance Ltd, said: “Education has the power to transform not just individuals, but entire communities. At Muthoot

Finance, we believe every deserving student should have an equal opportunity to pursue their dreams, irrespective of financial challenges. Through the Muthoot M George Higher Education Scholarship, we aim to enable bright young minds to realise their potential and contribute meaningfully to society’s progress.”

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