To provide scholarships among the children/ wards of commercial transport drivers/ owner- cum-drivers India’s largest non-banking financial company Shriram Transport Finance Company Limited has launched the STFC Scholarship. Under this scholarship program, a meritorious student pursuing graduation or undergraduate courses will get financial support. So today through our article we will share with you all the important information related to STFC Scholarship 2024 such as the objective of the scheme, the eligibility criteria, the financial support, and the application procedures to apply under this scholarship.
What Is STFC Scholarship 2024?
Shriram Transport Finance Company Limited is providing funds for the scholarship to encourage students across the country. Under the SFTC Scholarship students will be awarded financial assistance up to Rs. 35,000/ per year for the courses like ITI/ Diploma/ Graduation/ Engineering etc. The main aim of this scheme is to support the children of commercial transport drivers/ owner cum drivers. This scheme will help those students who are facing challenges in their daily life for continuing studies of graduate and post-graduate courses due to weak financial conditions.
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Detail of STFC Scholarship
| Name of Scholarship | STFC Scholarship |
| Launched by | Shriram Transport Finance Company Limited |
| Beneficiaries | The Children of commercial transport/ drivers/ owner cum drivers |
| Financial Assistance | Around 30,000 per annum |
| Objective | To promote higher education |
| Benefit | To provide financial assistance for the students to continue their studies |
| Last Date | Closed Now |
| Mode of application | Online |
| Official Website | STFC |
Objective Of STFC Scholarship
As we all know the children of commercial drivers are not able to continue their studies due to their weak financial condition. and the dream of students pursuing higher education state incomplete. By keeping this in mind, India’s largest non-banking financial company Shriram transport finance company has launched a new program known as STFC Scholarship. with the help of this program financial assistance will be provided to the meritorious student of commercial transport drivers. The main objective of this scheme is to encourage the student across the country the further their education
List Of Scholarships Under STFC
There are three types of scholarships available under the STFC Scholarship Program such are given below
- For class 12th passed Diploma Students
- Undergraduate students
- For 10th-pass students
Selection Procedure Under STFC
The selection procedures under STFC Scholarship depend on the assessment of married and the financial needs of the applicant. The key points to remember for the selection are given below
- Screening of scholarships based on merit and financial needs.
- The applicant must have scored at least 60%in the previous year.
- Telephonic interview for the shortlisted students.
Eligibility Criteria
| Category | Eligibility Criteria |
| STFC India Meritorious Scholarship for class 12th passed Diploma Students | An applicant must be in class 12th He or she must have scored at least 60% of marks in 10th and 12th The annual family income should not exceed more than 4,00,000 per annum They must have enrolled in a Diploma ITI Polytechnic courses An applicant must be children of commercial transport drivers |
| STFC India Meritorious Scholarship for Undergraduate students | An applicant must have scored at least 60% of marks in classes 12th and 10th He or she must be enrolled in any Academic year of three or four years of graduation course The annual family income should not exceed more than 4,00,000 per annum The candidate must be children of commercial transport driver |
| STFC India Meritorious Scholarship for 10th pass students | students who have passed class 10th and 12th examination are eligible to apply under this scheme He or she must score at least 60% of marks in the last examination. The annual family income should not exceed more than 4 lacks per annum The candidate must be of a child of a commercial transport driver |
Incentive Amount Under STFC Scholarship
| Category | Incentive Amount |
| STFC India Meritorious Scholarship for class 12th passed Diploma Students | 15,000 / per year ( maximum 3 years) |
| STFC India Meritorious Scholarship for Undergraduate students | 30,000 to 35,000 per year ( maximum 3 years) |
| STFC India Meritorious Scholarship for 10th pass students | 15,000 / per year ( maximum 3 years) |
Important Documents
- Aadhar card
- Voter ID card
- Birth certificate
- Class 10th and 12th mark sheet
- Passport size photograph
- Income certificate
- Passport size photograph
Also Read: Avanti Gurukul Scholarship
Process To Apply For Scholarship Under STFC Scholarship Programme
All the interested applicants who want to apply under STFC Scholarship Programme will have to follow the procedure given below
- First, you have to visit the Official Website of the Buddy4Study Foundation.
- The home page will appear in front of you
- On the homepage click on Apply Now option
- The registration form will appear in front of you
- Enter all the details that are asked in the form
- Attach all the essential documents
- After attaching the documents click on Submit option
- After submitting it take a printout of it for the future reference
STFC Scholarship Offline Application Process
- First, you have to visit the Official Website of Buddy4Study Foundation.
- The home page will appear in front of you
- On the homepage, click on the Application Form for the STFC Scholarship option.
- The application form will open.
- Click on the download option and download it.
- Enter the details in the application form.
- Attach the related documents with the application form.
- Now send the application form along with all the related documents to the postal address: Buddy4Study (Workly), A – 14/15, 3rd Floor, Sector 59, Noida – 201309 Uttar Pradesh, India
Submit Feedback
- Open the Official Website of the agency.
- The homepage of the website will open.
- Select the contact us option.
- There you will find a feedback form to fill.
- Enter the details in the form and click on the submit option.
Scholarship Disbursement
Scholarship forms of all the eligible applicants will be identified and a certain number of applications will be chosen. The amount of scholarship will be provided to the selected applicants through the state/district-level transport associations and various other stakeholders. Over the past years, more than 1000 applicants have been provided the benefits of this scholarship by the Shriram Transport Finance Corporation.
Contact Us
- Address: SHRIRAM TRANSPORT FINANCE COMPANY LIMITED Corporate Office: Wockhardt Towers, 3rd Floor, West Wing, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051. Maharashtra
- Tel. No.: +91 22 4095 9595
- Fax. No.: +91 22 4095 9596/97
STFC Scholarship 2024 FAQs
The Shriram Transport Finance Company Limited has launched this scholarship.
Applicants will get benefits according to the course they will apply for
Applicants can contact on the number mentioned above.
Applicants can apply under this scholarship by visiting https://www.shriramfinance.in/