Indian Oil Educational Scholarship Scheme

Indian Oil Educational Scholarship Scheme helps academically talented but financially challenged students studying 10+2, ITI, Engineering (BE/ BTech), MBA, and MBBS degrees. The scholarship amount ranges from ?1,000- ?3,000 per month.

Indian Oil Educational Scholarship Scheme 2025

The Indian Oil Educational Scholarship Scheme is a significant initiative designed to support students from economically weaker sections across India. It targets meritorious students pursuing higher education in various streams, including 10+2, ITI, Engineering, MBBS, and MBA. This scholarship program by Indian Oil Corporation Limited, aims to bridge the financial gap for deserving students, enabling them to focus on their studies and achieve their academic goals without the burden of financial stress.

Through this initiative, IOCL demonstrates its commitment to social responsibility by investing in the education and skill development of the country's youth. The program not only helps reduce educational inequalities but also contributes to the creation of a skilled and capable workforce, essential for the nation's progress. The Indian Oil Educational Scholarship Scheme serves as a valuable resource for aspiring students, motivating them to excel and pursue their dreams.

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Indian Oil Educational Scholarship Scheme Dates 2025

The important dates and details of Indian Oil Educational Scholarship scheme are as follows

EventDate
Availability of Online Application FormJuly 2025
Last Date to Submit Application FormOctober 31, 2025

Also Read: Begum Hazrat Mahalakshmi National Scholarship 

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Overview of IOCL Scholarship 2025

Here are the at-a-glance details about IOCL scholarship:

AspectDetails
Provided ByIndian Oil Corporation Limited (IOCL)
ObjectiveTo support academically talented and economically disadvantaged students across India
Eligible Courses10+2 (Higher Secondary), ITI, Engineering (BE/ BTech), MBBS, MBA
Eligibility CriteriaIndian citizenship, minimum 65% marks in the last qualifying exam, annual family income limit (?1,00,000 - 2,00,000 based on category)
Number of ScholarshipsApproximately 2,600 scholarships awarded annually
Scholarship AmountINR 1,000 per month for 10+2 and ITI students, INR 3,000 per month for Engineering, MBBS, and MBA students
Application ProcessOnline application via the official IOCL website during the period of August to October
Selection CriteriaBased on academic merit, family income, and reservation policies as per government norms
Duration and Renewal1-4 years based on course duration; requires consistent academic performance for renewal
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Types of IOCL Scholarship 2025

The Indian Oil Corporation Limited (IOCL) offers various scholarship programs catering to students from different educational backgrounds and levels. Here are the main types of Indian Oil Educational Scholarship Scheme Programs:

10+2 School Scholarships

  • Designed for students pursuing higher secondary education (Class 11 and 12).
  • Aims to support students who have excelled academically but face financial constraints.
  • Provides monthly financial assistance to cover educational expenses.

ITI Scholarships

  • Targeted at students enrolled in Industrial Training Institutes (ITIs).
  • Encourages skill development in technical and vocational fields, helping students gain employable skills.
  • Supports candidates pursuing trades such as electrician, fitter, welder, and more.

Engineering Scholarships

  • Offered to students pursuing full-time Bachelor of Engineering/BTech courses in recognised engineering institutions.
  • Focuses on supporting meritorious students from economically weaker sections, enabling them to complete their technical education.
  • Covers tuition fees and other related educational costs.

MBBS Scholarships

  • Designed for students pursuing undergraduate medical degrees (MBBS).
  • Provides financial aid to students who aspire to become doctors but are hindered by financial barriers.
  • Aims to contribute to the healthcare sector by supporting future medical professionals.

MBA Scholarships

  • Aimed at students pursuing full-time MBA or equivalent postgraduate management programs.
  • Assists aspiring business leaders and managers by reducing their financial burden during the course of study.
  • Promotes higher education in management, contributing to the development of skilled business professionals.

Scholarships for Special Categories

  • Includes additional support for students with special needs, children of armed forces personnel, and girl students.
  • Aims to promote diversity and inclusivity in education by providing extra financial assistance to these groups.
  • Encourages educational opportunities for underrepresented and disadvantaged sections of society.

Also ReadNMMS Scholarship 

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Indian Oil Educational Scholarship Scheme Eligibility Criteria 2025

To qualify for the IOCL scholarship, applicants must meet specific eligibility requirements based on their chosen course of study. These eligibility criteria ensure that the Indian Oil Educational Scholarship Scheme reaches deserving students who require financial assistance to continue their education in various fields. The criteria are as follows:

Eligibility Criteria Requirements 
NationalityThe applicant must be an Indian citizen.
Educational Qualification

For 10+2 Scholarship: Students must have passed the Class 10 board examination with at least 65% marks (60% for SC/ST/OBC/Girl students).

For ITI Scholarship: Candidates must have completed their Class 10 exams with a minimum of 65% marks (60% for SC/ST/OBC/Girl students) and should be enrolled in a full-time ITI course.

For Engineering (BE/BTech) Scholarship: Students should have passed Class 12 or a diploma with at least 65% marks and must be enrolled in a full-time Engineering course.

For MBBS Scholarship: Candidates must have completed Class 12 with a minimum of 65% marks and secured admission in a full-time MBBS program.

For MBA Scholarship: Applicants must have a graduation degree with at least 65% marks (in the qualifying exam) and must be enrolled in a full-time MBA program.

Age Limit
  • The candidate's age should be between 15 and 30 years. 
  • Age relaxation is provided as per government norms (3 years for OBC, 5 years for SC/ST, and 10 years for Persons with Disabilities).
Family IncomeThe annual family income of the applicant from all sources should not exceed ?1,00,000 - ?2,00,000, depending on the scholarship category.
Reservation CriteriaScholarships are reserved for different categories as per government regulations, including 49.5% for SC, ST, OBC, and 25% specifically for girl students.
Enrolment Requirement
  • Candidates must be enrolled in a full-time regular course in a recognised institution. 
  • Part-time or distance learning courses are not eligible for this scholarship.

Also Read: SSP Scholarship 

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How to Apply for IOCL Scholarship 2025?

To apply for the Indian Oil Educational Scholarship Scheme, candidates must follow these steps:

  • Go to the Indian Oil Educational Scholarship Scheme portal (www.iocl.com) during the application period (typically August to October).
  • Create an account by providing basic details such as name, contact information, and email.
  • Complete the form with academic details, family income, course information, and bank account details.
  • Attach necessary documents like mark sheets, income certificate, proof of admission, and ID proof.
  • Review the details and submit the form. Keep a printout for future reference.
  • Successful applicants will be notified via email.

Also ReadAikyashree Scholarship 

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Documents Required for Indian Oil Educational Scholarship Scheme 2025

Applicants must provide a set of essential documents when applying for the Indian Oil Educational Scholarship Scheme to verify their eligibility. The required documents include:

Documents Required Details
Passport-sized PhotographA recent colour photo of the applicant.
Academic Mark SheetsCopies of the latest qualifying exam mark sheets (Class 10, 12, ITI, graduation, etc.).
Income CertificateProof of annual family income issued by a competent authority.
Caste Certificate (if applicable)For candidates applying under SC/ST/OBC categories.
Proof of AdmissionAdmission letter or fee receipt from the current educational institution.
Identity ProofAadhar Card, PAN Card, or any valid government-issued ID.
Bank DetailsPassbook copy with account number and IFSC code for scholarship disbursement.

Also Read: Prize Money Scholarship

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Benefits of Indian Oil Educational Scholarship Scheme

The Indian Oil Educational Scholarship Scheme offers several significant benefits to eligible students:

  • Provides monthly financial assistance to cover tuition fees, books, and other educational expenses, easing the financial burden.
  • Motivates students to maintain high academic standards by offering financial rewards for their hard work.
  • Supports students from economically disadvantaged backgrounds, ensuring they have access to quality education.
  • The scholarship helps students pursuing technical and professional courses, fostering skill development in various fields.
  • Contributes to creating a skilled and educated workforce, supporting the country's overall development.
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