Medley Pharma Scholarship 2018

Medley Pharma Scholarship
Medley Pharma Scholarship 2018

Medley Pharma Scholarship 2018

Medley is a global pharma company operating since 1969 from Mumbai, India. Medley Pharmaceuticals Limited offers scholarships under its Corporate Social Responsibility (CSR) activity and invites applications from students of Class 10 onward. the foundation works relentlessly to ensure the improvement of general health and sponsor underprivileged students to pursue professional courses. About 1000 students receive a scholarship in various professional education disciplines every year.

Eligibility Criteria

  • The applicant should have secured at least 60% in the last examination.
  • Students doing various courses apply under this category Eg. Junior college, graduation, diploma course degree course, post-graduation, ITI Management Course, etc.
  • The applicant should be a resident of Maharashtra.
  • The student should be pursuing the course in Maharashtra.
  • The applicant should be a resident of Maharashtra.
  • The total family income should not exceed Rs. 2 lacks p.a. from all the sources of income.

Benefits of Medley Pharma Scholarship 2018

  1. Sanction up to Rs.10,000/- p.a. but not exceeding Rs.10,000/- for the entire program is on a nonrefundable basis.
  2. More than Rs.10,000/- to maximum 1,00,000/- will be granted as an interest-free loan which will be refundable by the candidate after completion of the course but within 5 years. The repayment should be started from six months after completion of the course or one month after securing employment, whichever is earlier.

Selection Procedure

Duly filled forms of Scholarship program accepted through person or mail are scrutinized. If any information or documents are missing in the form, the applicants are informed to give or submit the necessary documents.

  1. The Verification Officer (VO) visits the applicant’s residence to verify the academic and financial condition of the applicant.
  2. VO submits his report about his investigation and findings of the applicant.
  3. The applications are placed before the CSR Monitoring Committee to assess whether the candidate is deserving or not. The Committee goes through applications and investigation reports submitted by VO. After verifying all the credentials of the applicants, CSR Monitoring Committee approves the applications and the Chairman of the Committee sign it in token of its approval.
  4. The final decision is communicated to the applicant, whether his/her form is accepted or rejected.
  5. The accepted applicants are called for the disbursement of scholarship once the sanctioned amount cheque is ready.
  6. The cheques are not issued in the name of the applicant but in the name of the Institution to avoid mis-utilization of funds.

How to apply ?

Applications are accepted throughout the year either personally or through mail duly filled along with all the required documents.

Step 1: Download the application form.

Step 2: Fill all the required details..

Step 3: Attach the supporting documents.

Step 4: Email the form or submit it in person at –
Medley Pharmaceuticals Limited
Medley House, D‐2, MIDC Area, 16th Road, Andheri (E), Mumbai‐ 400093

Documents required for the Medley Pharma Scholarship 2018

  1. Photocopy copy of Result duly notarized. (Result of All the academic years)
  2. The scholarship form should be duly attested by the Head of the Institution or College along with the seal.
  3. Photocopy of Salary Pay-slip / Pension-slip of Parent or Guardian/ Current year Income Certificate issued by Tehsildar duly certified.
  4. Photocopy of Ration Card, Electricity Bill & Maintenance Bill.
  5. Photocopy of Identity Card, if available.
  6. Guarantor’s Photocopy of Salary Pay-slip/IT Return of last Financial Year/Address proof/Photo ID-PAN Card/Voter’s ID (applicable for the interest-free loan).

Important Dates

New students for the Scholarship programme can be inducted any time during the year, but the majority of the students shall be inducted between June to September of each year.

Important Note

  1. Incomplete forms without proper details will be rejected. The trustees reserve the right to rejects any application without assigning any reason whatsoever.
  2. The scholarship form should be duly attested by the Head of the Institution or College along with the seal.
  3. The fees are going to be paid by cheque within the name of the institution, even before the particular admission.
  4. No cash payment will be done to avoid mis-utilization of the fund.
  5. ATKT students will not be entertained.
  6. One student per family shall be assisted during a specific period. two students from the same family are not eligible at the same time during that particular year.

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