KC Mahindra scholarship that offers scholarships in the form of interest free loans

KC Mahindra scholarship that is named after Kailash Chandra who is the founder of Mahindra group offers scholarships to students who want to pursue their postgraduate degree from a foreign country. The scholarship is awarded in the form of interest free loans in which a maximum amount of Rs.10 lakhs is given to the selected candidates on the basis of merit. The top three selected candidates get Rs.10 lakhs and the remaining candidates get Rs.5 lakhs each. Students can repay this loan after their education is completed and they join a job