Monday, June 11, 2012

Indian Oil Corporation Scholarships

Indian Oil Corporation Limited - India's largest commercial enterprise and No. 1 Indian Company in Fortune 'Global 500' listing under its Corporate Social Responsibility Programme is awarding Educational Scholarships to meritorious students across the country with special encouragement to girls & physically challenged. 

Online applications were invited in July, 2011 through Press Advertisement and other means to award 2600 scholarships on merit-cum-means basis to students pursuing 10+/ITI (2000 scholarships), Engineering (300 scholarships), MBBS (200 scholarships) and MBA (100 scholarships).  We are pleased to announce that after due scrutiny process, 2600 applicants have been shortlisted for award of scholarship (click here to view the list).  The list has been put on our site ( in ascending order of specific Registration Numbers which were generated for all the individual applicants at the time of applying online.  Applicants can see their names in this list with their Registration Number.  

A specific Scholar Number has been generated for all the selected scholars and has been shown in the list.   All selected scholars are advised to note down their scholar number and use it in all the future correspondence / communication with regard to scholarships. 

A separate communication is being sent separately to all the selected scholars enclosing therewith a form which has to be filled in and sent back.   After that first & second instalment (together) of scholarship amount (by Demand Draft) will be sent to the office of Principal/Head of respective academic institute/school/college of the selected scholars which should be collected by the scholars from there.  A form showing performance of the student in last Semester/Year  is also being sent along with the DD which has to be filled in & sent back by the Head/Principal of the respective school/college/institute.  Scholars are advised to follow up and arrange to send the same at the earliest to enable us to process their next instalment of scholarship. 

For any further query, please contact Administrator of the Scheme, M/s ACE Consultants, New Delhi, through mail or at phone no. 011-22162970


Engineering (100) and MBBS (40) students will be awarded scholarships @ Rs. 2000/- per month for four years, while MBA (60) students shall be entitled to a scholarship amount of Rs.2000/- per month for a duration of two years under the Indian Oil Corporation Scholarships Scheme .
As part of the scheme, special encouragement is being given to girl students, physically challenged students, and students from J and K as well as the Northeast States under the Indian Oil Corporation Scholarships Scheme ..
North Delhi, Punjab, Uttar Pradesh, Rajasthan, Uttarakhand, Haryana, 50 Nos.

Himachal Pradesh and UT of Chandigarh East Bihar, Jharkhand, Orissa, West Bengal 50 Nos.

West Maharashtra, Gujarat, Madhya Pradesh, Chattisgarh, Goa, UT of Dadra and Nagar Haveli, Daman and Diu 50 Nos.

South Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, Pondicherry 50 Nos.

North Eastern Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, 40 Nos.

States, Nagaland, Tripura, Sikkim, Andaman and Nicobar Islands, Sikkim and Islands Lakshadweep, Minicoy, Aminidivi Islands etc.(Additional to East and South) Jammu and Kashmir Jammu and Kashmir 10 Nos.
200 scholarships will be for students pursuing 1st year of Engineering, MBBS and MBA courses on zonal merit basis. There will be only four zones, i.e., North, East, West and South for these three scholarships. JK will be considered in North zone, North Eastern States and Sikkim will be considered in East and Andaman Nicobar Islands, Lakshadweep, Minicoy Aminidivi Islands will be considered in South zone for Engineering, MBBS MBA Scholarships. The candidates applying for scholarships in these three professional Streams must therefore quote North/ East / West / South zones only (as applicable) in their case.

ELIGIBILITY: Students pursuing full time courses in these streams studying in Schools/Colleges/Institutions/Universities recognized by MCI/AICTE/State Education Boards/ State Govt. / ICSC/CBSE/Central Govt./Association of Indian universities, shall be eligible to apply. The student should have bonafide admission in the 1st year of School/College/Institute/University in the academic year 2009-2010. Students of two year full time post graduate courses in Business Administration/Management recognized by Central/State Govt./Association of Indian universities and which are equivalent to MBA, are eligible for management stream scholarship. Students having confirmed admission in the first year of full time engineering degree course, MBBS, MBA and also 11th standard as well as those in the 1st year of 2 year ITI course are eligible to apply. In case of graduates, the average percentage of marks of all the academic years shall be treated as marks obtained by the candidate. Similarly in case of 10th/12th, if percentage of marks obtained is not mentioned by Board/University, percentage of marks obtained shall be calculated on total aggregate marks. Minimum eligibility percentage of marks for various categories will be as indicated above. Gross Joint income of the family of the candidate from all sources (during financial year 2008-2009) should not exceed Rs. 1,00,000/- (Rupees One Lakh only). Income certificate should be issued by Competent Revenue Authorities only. The marks obtained in the qualifying examination making the students eligible to seek admission in the respective first year of these courses will be considered for selection. Normalization of marks of applicant shall be done for Engg., MBBS MBA streams to bring parity of marking system within different Boards/ Universities/Institutions. Criterion for selection will be merit and family?s income. Wards of the employees of IOCL, its Joint Venture and Subsidiary companies and ACE Consultants are not eligible to apply.

AGE LIMIT: Minimum 15 years and maximum 30 years as on 1.9.2009. Persons born between 1.9.79 and 1.9.94 (both days inclusive) are eligible to apply.

RESERVATION RELAXATION: Relaxation in the upper age limit is 3 years for OBC candidates, 5 years for SC/ST candidates and 10 years for physically challenged/physically handicapped candidates. 50% of the scholarships are reserved for SC/ST OBC candidates. In each stream/ category, 25% of scholarships are reserved for girl students and 10% for physically challenged/physically handicapped students. Only those listed in the central govt's OBC list will be considered against OBC quota. OBC candidates of state list and not covered by central govt's OBC list may apply against general quota.

APPLICATION: Candidates studying in 11th standard, 1st year of a 2 year ITI course, 1st year of Engineering degree, MBBS and MBA in the academic year 2009-2010 are to apply through Online Application Form by logging on to Such candidates need not send application form by post.

In order to avoid Postal delay/loss in transit, Candidates are requested to fill the Online Application First. If for any reason candidate encounters any problem/difficulty in applying through Online System, the candidate should download the Application form containing unique Application Form No. printed on it. Candidates who are applying offline may use this application form number for all their future correspondence. Applications not in prescribed format (downloaded from the website) will be summarily rejected.

Once awarded the scholarships will be disbursed @ Rs. 2,000/- per month for 4 years in case of Engineering MBBS and 2 years for MBA courses; and @ Rs 1,000 per month for duration of 2 years in case of 10+ and ITI course. Duration of each course in no case be less than the duration of the scholarship. The scholarship will be suspended, if the scholar is not promoted to the next academic year. In case, the scholar is not promoted for the second time (in succession for 2 years during the entire course), the scholar will be taken off from the list of IOCL scholars and scholarship will be discontinued permanently. The performance of the scholar must be satisfactory during the entire duration of the course. The performance is to be certified by the Head /Principal/Dean/Director of the School/College/Institute /University. The top one scholar each from final year of Engineering, Medicine Management (who top their respective university exam) and top 10 scholars amongst final year of ITI 12th (who are able to achieve position amongst top ten in their respective Board) will be awarded bonus prize of Rs 10,000/- (Rupees Ten Thousand only) each and invited to the annual day function of IndianOil Institute of Petroleum Management, Gurgaon, to receive the prize. The travel, board lodge expenses will be borne by IiPM/IOCL. A scholarship holder under this scheme will not hold any other scholarship/stipend from any other source. If awarded any other scholarship/stipend, the student can exercise his/her option for choosing the scholarship that he/she proposes to avail and inform awarding authority about the same. In case, the scholar opts for any other scholarship, he/she will have to refund the scholarship amount for the duration during which he/she is in receipt of the IOCL scholarship. There will be no obligation on part of IOCL to provide employment/vocational/summer training to any of the scholars, at any time/stage. IOCL reserves the right to reject any application as well as discontinue the scholarship at any time without giving any notice/ assigning any reason.

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