Home Scholarships & Fellowships INDIAN OIL ACADEMIC SCHOLARSHIPS




Every academic year, Indian Oil Corporation Limited which is India’s largest commercial enterprise, is awarding 2600 scholarships to meritorious students from all over India, under the Indian Oil Scholarships Scheme. The scheme provides attractive scholarships to the bright first year students of Engineering, MBBS, MBA courses as well as student of 10+/ ITI. Candidates for the scholarship are selected on ‘merit-cum-means’ basis.

Out of the total 2600 scholarships, 2000 scholarships for 10+/ ITI students will be on zonal basis @ Rs. 1000/- per month for two years. Engineering (300) and MBBS (200) students will be awarded scholarships @Rs. 3000/- per month for four years, while MBA (100) students shall be entitled to a scholarship amount of Rs.3000/- per month for a duration of two years. As part of the scheme, special encouragement is being given to girl students, physically challenged students, and students from Jammu and Kashmir as well as the Northeast States.

Distribution of 2000 scholarships for 10+/ITI will be as under and based on location of the School/ College/ Institute where admission has been taken :
North : Delhi, Punjab, Uttar Pradesh, Rajasthan, Uttarakhand, Haryana, Himachal Pradesh & UT of Chandigarh
East : Bihar, Jharkhand, Orissa, West Bengal
West : Maharashtra, Gujarat, Madhya Pradesh, Chattisgarh, Goa, UT of Dadra & Nagar Haveli, Daman & Diu
South : Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, Pondicherry
North Eastern States, Sikkim & Islands : Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Tripura, Sikkim, Andaman & Nicobar Islands, Lakshadweep, Minicoy, Aminidivi Islands etc. (Additional to East & South)
Jammu and Kashmir : Jammu and Kashmir

600 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 & South for these three scholarships. J & K will be considered in North zone, North Eastern States and Sikkim will be considered in East and Andaman & Nicobar Islands, Lakshadweep, Minicoy and 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/est/outh zones only (as applicable) in their case.


• Students who have taken admission in class 11th (10+)/ first year of current academic year in ITI (2years course) in school/ institutions recognized by the central/State Governments.
• Students who have taken admission in first year of current academic year in full time Graduate courses in various discipline of Engineering, Medical (MBBS) & post graduate courses for MBA in the colleges/ institutions recognized by the central/ State Governments
• 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.

Age Limit : Minimum 15 years and maximum 30 years as on 1st of September. 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.

Reservation : 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.


One can apply for the scholarship from 1st September to 30th September of every year. The notification of scholarship schemme will be advertised in the all the leading national and regional news papers on 1st September every year on all India basis.

Online Application :

Candidates are requested to fill the online application form in order to avoid postal delay/ loss in transit. Those are studying in 11th standard, 1st year of a 2 year ITI course, 1st year of Engineering degree, MBBS and MBA courses can apply through Online application form by logging on to ioclscholar.sifyitest.com. or at www.iocl.com/Aboutus/Scholarships.asp Such candidates need not send application form by post.

If for any reason candidate encounters any problem/ difficulty in applying through online System, the candidate can 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.


Criterion for selection will be based on merit and family’s income. Gross Joint income of the family of the candidate from all sources should not exceed Rs. 1,00,000/- (Rupees One Lakh only). Income certificate should be issued by competent revenue authorities only.

Wards of the employees of IOCL, its Joint Venture and Subsidiary companies and ACE Consultants are not eligible to apply.

Short listed candidates from top of the merit will be requested separately, by post to send requisite documents like Caste/ Date of Birth/ Mark Sheet/ family’s Income Certificate etc., duly authenticated by appropriate competent authority/civil authority for verification of documents and drawing up final merit list. However, in case the marks, income or any other information; declared at the time of initial application; is found incorrect during scrutiny; the candidature of such candidates shall be summarily rejected.

Only those found meeting the criteria in all respects will be recommended for award of the scholarship. After completing the official formalities/ required approvals the list will be displayed on the website (after complete allotment of all vacancies) during Feb-April.

Decision of Indian Oil regarding Scholar’s selection shall be final and no correspondence on the selection process shall be entertained.

Sify Technologies Limited
Plot No B 7, Sector-132,
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For more details Please! Refer the Website: https://www.iocl.com/
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