IOCL – Indian Oil Educational Scholarship Scheme 2024

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IOCL Indian Oil Educational Scholarship Scheme 2024 – The IOCL Scholarship offers 2600 scholarships across various academic streams (10+/ITI, Engineering, MBBS, MBA) to meritorious students on a merit-cum-means basis. The scholarships are intended to support students in 10th, ITI, Engineering, MBBS, and MBA courses.

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Indian Oil Educational Scholarship Scheme 2024

IOCL Scholarship Overview 2024

Name of the Scholarship IndianOil Scholarships
Provided By Indian Oil Corporation Limited (IOCL)
Year Cycle Annual (usually from July to September)
Purpose To support students pursuing education in fields like 10+/ITI, Engineering, MBBS, and MBA by providing financial aid to meritorious students from economically weaker sections.
Beneficiaries Students from Scheduled Castes (SC), Scheduled Tribes (ST), Other Backward Classes (OBC), Girls, Persons with Disabilities (PwDs), and General category students.
IOCL Scholarship Official Website https://ioclscholar.sifyitest.com

Important Dates

Activity Date
Start of Online Application July 2024
Last Date to Apply Online September 2024
Last Date for Document Submission October 2024

IOCL 10+/ITI Scholarship Details

Category Details
Stream 10th / ITI
Duration 2 years
No. of Scholarships 2000
Qualifying Exam 10th
Minimum Marks Required General: 65%, SC/ST/OBC/Girls: 60%, PwDs: 50%
Scholarship Amount Rs. 1000 per month

IOCL Engineering Scholarship Details

Category Details
Stream Engineering (4 years)
Duration 4 years
No. of Scholarships 300
Qualifying Exam 12th
Minimum Marks Required General: 65%, SC/ST/OBC/Girls: 60%, PwDs: 50%
Scholarship Amount Rs. 3000 per month

IOCL MBBS Scholarship Details

Category Details
Stream MBBS (4 years)
Duration 4 years
No. of Scholarships 200
Qualifying Exam 12th
Minimum Marks Required General: 65%, SC/ST/OBC/Girls: 60%, PwDs: 50%
Scholarship Amount Rs. 3000 per month

MBA Scholarship Details

Category Details
Stream MBA (2 years)
Duration 2 years
No. of Scholarships 100
Qualifying Exam Graduation
Minimum Marks Required General: 65%, SC/ST/OBC/Girls: 60%, PwDs: 50%
Scholarship Amount Rs. 3000 per month

Abbreviations

  • SC: Scheduled Caste
  • ST: Scheduled Tribe
  • OBC: Other Backward Class
  • GEN: General
  • PwDs: Persons with Disabilities

IOCL Scholarship Eligibility Criteria

For 10+/ITI:

Students in 11th standard or 1st year of ITI (2-year course).

For Engineering & MBBS:

Students in 1st year of Engineering or MBBS degree courses.

For MBA:

Students in 1st year of a 2-year MBA/Management course.

Eligibility Requirements:

  • Minimum Marks:
    • General: 65% in qualifying exam (10th for 10+/ITI, 12th for Engineering/MBBS)
    • SC/ST/OBC/Girls: 60% for 10+/ITI and 12th standard, and 50% for PwDs
  • Income Limit: Family income should not exceed Rs. 1,00,000 from all sources (preference for income ≤ Rs. 60,000).
  • Age Limit: 15 to 30 years (born between 01.07.1984 and 01.07.1999).
  • Relaxation: 3 years for OBC, 5 years for SC/ST, and 10 years for PwDs.

Reservation

  • 49.5% reservations:
    • SC: 15%
    • ST: 7.5%
    • OBC: 27%
    • Girls: 25% of scholarships
    • PwDs: 10% of scholarships (min. 40% disability)

Application Process

IOCL Scholarship Apply Online Application:

Document Submission:

  • Submit a printout of the Online Application Form with required documents to:
  • Sify Technologies Limited (IOCL ESS I-TEST DIVISION), Plot No B 7, Sector-132, Noida-201301 (Uttar Pradesh).
  • Submit by 31st October 2014.

Important Instructions:

  • Scholarship holders must not accept any other scholarship during the term.
  • Scholarship payment will be made in 6-month installments.
  • Bonus Prize: Top 10 students in 10+/ITI or Top 3 in Engineering/MBBS/MBA get a Rs. 10,000 prize.

Contact Information

Contact Information Details
Help Desk Numbers 9810421827 / 9810422305
Email iocless@sifyitest.com
Office Address Sify Technologies Limited, Plot No B 7, Sector-132, Noida-201301 (Uttar Pradesh)
Website for Application https://ioclscholar.sifyitest.com
Query Email iocless@sifyitest.com

Submission of Documents (Important Points)

  • Submit documents attested by Principal/Head of the institution or a Gazetted Officer.
  • No correspondence will be made regarding incomplete or incorrect documents. False or fabricated documents will lead to legal action.
  • Bank Account: The scholarship will be credited to the student's savings account in a nationalized bank.
  • Rejection due to Incorrect Information: If details in the online application don't match the documents, the application will be rejected without notice.

General Information & Conditions

  • Selection Criterion: Based on merit and family income.
  • Name Consistency: Ensure that the name on the application matches the qualifying certificate.
  • No Multiple Scholarships: Applicants cannot hold other scholarships.
  • Payment: First installment by Demand Draft, later installments by NEFT/Bank Transfer.
  • Ineligibility for IOCL Employees: Wards of IOCL employees or joint ventures are not eligible.
  • Dispute Jurisdiction: Any disputes will be resolved in Delhi courts.
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