R D Sethna Scholarship, one of the oldest and best known scholarship programme was initiated after the death of Mr R D Sethna, Indian Philanthropist in 1938 for assisting outstanding and deserving students of all communities.
The R D Sethna Scholarship Fund grants only loan scholarships to students who are citizens of India, regardless of community, caste or creed.
Loan scholarships are granted to enable students to undertake scientific, technical, industrial or commercial studies in India and overseas on the condition that they are repayable with interest in terms of the agreement and other documents required to be entered into and executed by applicants and their male guarantors.
Only those applicants who have passed at least the Secondary School Certificate examination or other equivalent examination and who have secured not less than 50% of the total marks in the last examination given by them prior to the making of the applications are eligible to apply for a loan scholarship.
The person proposed as guarantor must be a male, and a permanent resident in Mumbai, having a monthly income of not less than Rs. 10,000/- for applicants pursuing studies in India and Rs. 15,000/- for applicants pursuing studies overseas.
Applicants must submit letters of recommendation from 2 recommenders who are permanent residents in Mumbai.
How to apply:
Mr. Farrokh M. Rustomji - CEO,
Esplanade House, 29 Hazarimal Somani Marg,
Fort, Mumbai - 400001.
Tel: +91 22 2207 7044.