Every year, indianoil supports the budding generation for their excellence in academics and sports with a special emphasis on spreading the light of education among meritorious and deserving students from economically and socially deprived sections of society and also to promising young players with a view to encourage talent..
Eligibility: students pursuing full time/regular courses (not correspondence/distance/online mode) in these streams & studying in schools / colleges / institutions recognized by mci / aicte / state education boards/state technical education boards / icse / isc / cbse shall be eligible to apply for the different streams as under :
10+/iti : (for 10+) – bonafide students (full time / regular) in 11th standard / ist year of intermediate course or equivalent course are eligible to apply.
(for iti) – bonafide students (full time / regular) in 1st year of 2 years iti course are eligible to apply.
Engineering &mbbs : bonafide students (full time/regular) in the first year of engineering/mbbs degree courses (minimum 4 years’ duration course) are eligible to apply.
Mba : bonafide students (full time/regular) in the first year of minimum 2 years post graduate course in business administration/management are eligible to apply.
Indian Oil is one of the largest companies in India and it is a part of ‘nine gems’ consisting of nine best public companies which include SAIL, BHEL, GAIL, etc.
It offers 2600 scholarships every year to students pursuing 10+, ITI, Engineering, MBA and MBBS. It provides monthly stipend to deserving talented students, for instance, an ITI student can get INR 1000 per month for 2 years.
The duration for stipend is higher for engineering students – INR 3000 per month for 4 years.