Are you an Indian commerce student who has just finished your 12th grade? Are you on the lookout for financial aid to further your studies in business, accounting, economics, or other related fields? You’ve come to the right place! This detailed guide covers 25 scholarships specifically designed for commerce students in India post-12th grade. In this blog, we will focus on the 25th scholarship tailored for Indian commerce students. It includes a comprehensive breakdown of eligibility criteria, financial benefits, and how to apply for this scholarship. This particular scholarship offers significant financial assistance to support your educational journey. Dive into these opportunities and kickstart your path to academic success. Take advantage of this opportunity to access substantial financial support that can transform your educational experience and open doors to new possibilities.
Table of Contents
- ICAI Commerce Wizard Scholarship
- Aditya Birla Scholarship
- HDFC Bank Educational Crisis Scholarship Support
- Chartered Accountants Students Benevolent Fund (CASBF) Scholarship
- National Scholarship Portal (NSP) Scholarships
- Kotak Kanya Scholarship
- IDFC FIRST Bank MBA Scholarship
- Nirankari Rajmata Scholarship Scheme
- L.N. Birla Scholarship for Commerce and Management Studies
- Sitaram Jindal Scholarship
- ACCA Scholarship Programme
- KPMG Scholarship Programme
- Narotam Sekhsaria Scholarship Programme
- PwC India Foundation Scholarship
- Tata Capital Pankh Scholarship Programme
- ICICI Bank SKILLS Scholarship
- Legrand Scholarship Program
- JSW Scholarships
- Bharti Foundation Scholarship Program
- LIC Golden Jubilee Scholarship Scheme
- Fair & Lovely Foundation Scholarships
- Mahindra All India Talent Scholarship (MAITS)
- BPCL Scholarship Scheme
- CBSE Single Girl Child Scholarship Scheme
- Inlaks Shivdasani Foundation Scholarship
1. ICAI Commerce Wizard Scholarship
The Institute of Chartered Accountants of India (ICAI) offers this scholarship to promote excellence in commerce education. Students’ performance in the Commerce Wizard Exam, which assesses their understanding of commerce and accounting concepts, determines the award. This scholarship aims to identify and nurture talented students who have the potential to contribute significantly to the accounting and finance sectors. Successful candidates receive financial support that helps cover their educational expenses and provides access to exclusive workshops and seminars organized by ICAI. Additionally, recipients gain a competitive edge in their professional careers, thanks to the prestige associated with this award.
Eligibility Criteria:
Students who have completed 12th grade with commerce subjects and perform well in the Commerce Wizard Exam
Amount:
Varies, typically includes cash prizes and certificates
Application Website: Click Here To Apply
2. Aditya Birla Scholarship
The Aditya Birla Group offers scholarships to outstanding students pursuing studies at prestigious institutions in India, including those in commerce and management fields. It aims to nurture future business leaders. This scholarship program selects individuals based on their academic excellence and leadership potential. Recipients gain financial support and opportunities to engage in exclusive developmental activities.
Eligibility Criteria:
Top-ranked students admitted to premier institutions like IIMs, XLRI, and other top commerce and management institutes
Amount:
Covers tuition fees, living expenses, and other academic
Application Website:
Througt the respecctive educational institution.
3. HDFC Bank Educational Crisis Scholarship Support
This scholarship aims to support students whose education is at risk due to an unforeseen crisis in the family. It’s open to students from all streams, including commerce. Applicants must demonstrate a sudden financial hardship that jeopardises their continuing education. The program offers a financial aid package that can cover tuition fees, books, and other educational expenses. The program selects recipients based on the severity of their financial need and their academic performance.
Eligibility Criteria:
Commerce students facing a crisis (loss of parent/earning member, natural calamity) with family income not exceeding Rs. 2.5 lakhs per annum
Amount:
Up to Rs. 75,000 per annum
Application Website: Click Here To Apply
4. Chartered Accountants Students Benevolent Fund (CASBF) Scholarship
Offered by ICAI, this scholarship supports students pursuing Chartered Accountancy after 12th commerce. It aims to help financially needy students in their CA journey. The scholarship provides a monthly stipend to cover educational expenses. Recipients must maintain a minimum academic standard to continue receiving benefits. The application process includes submitting proof of financial need and academic records.
Eligibility Criteria:
Students registered for CA Foundation or Intermediate course after 12th commerce, with family income below a specified threshold
Amount:
Varies based on need and available funds
Application Website: Click Here To Apply
5. National Scholarship Portal (NSP) Scholarships
The National Scholarship Portal offers various scholarships from different ministries and departments of the Indian government, including some specifically for commerce students or open to all streams. It streamlines the application process, making it easier for students to apply and track their scholarship status. This platform integrates multiple scholarship schemes, allowing applicants to access a wide range of financial support options. By aggregating data on various scholarships, the portal also aids in the transparent disbursal of funds directly to the beneficiaries’ accounts.
Eligibility Criteria:
Criteria vary based on the particular scholarship, but generally include academic merit, family income, and specific categories (SC/ST/OBC/Minority)
Amount:
Varies depending on the specific scholarship
Application Website: Click Here To Apply
6. Kotak Kanya Scholarship
Offered by Kotak Mahindra Bank, this scholarship supports meritorious girl students from underprivileged backgrounds pursuing professional courses, including commerce-related fields. The program aims to empower these students by providing them with the financial assistance necessary to continue their education. It actively seeks to bridge the gap in access to quality higher education. Additionally, the scholarship fosters an environment of equality and opportunity in professional fields traditionally dominated by others.
Eligibility Criteria:
Girl students from families with annual income less than Rs. 3 lakhs, who have completed 12th grade and secured admission to professional courses
Amount:
Up to Rs. 1.5 lakhs per year
Application Website: Click Here To Apply
7. IDFC FIRST Bank MBA Scholarship
Although this scholarship is primarily intended for MBA students, it also applies to commerce graduates who are planning to pursue an MBA. It supports meritorious students from economically weaker sections. The scholarship aims to reduce financial barriers, enabling deserving candidates to access quality education. Recipients benefit from significant tuition fee waivers and other educational aids. Furthermore, the program connects students with industry leaders, enhancing their future employment prospects.
Eligibility Criteria:
Students who have completed graduation (including in commerce) and secured admission to top MBA institutes in India
Amount:
Up to Rs. 10 lakhs for the entire MBA program
Application Website: Click Here To Apply
8. Nirankari Rajmata Scholarship Scheme
Offered by the Sant Nirankari Charitable Foundation, this scholarship supports meritorious students from economically weaker backgrounds, including those pursuing commerce and related fields. It aims to alleviate financial burdens and encourage academic excellence among youth. Applicants must demonstrate both significant academic potential and financial need to qualify. The foundation reviews applications annually and selects recipients based on a comprehensive evaluation of their circumstances and achievements.
Eligibility Criteria:
Students with at least 60% marks in 12th commerce and family income not exceeding Rs. 2 lakh
Amount:
Varies based on the course
Application Website: Click Here To Apply
9. L.N. Birla Scholarship for Commerce and Management Studies
The Birla Institute of Management Technology (BIMTECH) offers this scholarship to support students pursuing undergraduate and postgraduate studies in commerce and management. It aims to reduce financial barriers and encourage academic excellence in these fields. Eligible students receive substantial financial aid, enhancing their access to quality education.
Eligibility Criteria:
Meritorious students who have completed 12th commerce and secured admission to BIMTECH’s programs
Amount:
Varies, typically covers a significant portion of tuition fees
Application Website: Click Here To Apply
10. Sitaram Jindal Scholarship
The Sitaram Jindal Foundation provides scholarships to meritorious and needy students to support their education in various fields, including commerce and management. This initiative aims to alleviate financial barriers and foster academic excellence among deserving candidates. The foundation meticulously selects recipients based on their academic achievements and economic circumstances. By investing in education, the foundation contributes significantly to the empowerment of youth and the development of skilled professionals.
Eligibility Criteria:
Students with at least 60% marks in 12th commerce and family income not exceeding Rs. 3 lakhs per annum
Amount:
Varies based on the course and need
Application Website: Click Here To Apply
11. ACCA Scholarship Programme
The Association of Chartered Certified Accountants (ACCA) offers scholarships to support students pursuing ACCA qualification, which is relevant for commerce students interested in global accounting careers. These scholarships provide financial aid to eligible candidates, reducing the burden of course fees and exam costs. By offering this assistance, ACCA aims to foster a diverse community of skilled accountants worldwide. Scholarship recipients gain access to invaluable resources and networking opportunities, enhancing their professional growth and global career prospects.
Eligibility Criteria:
Students who have completed 12th commerce and meet ACCA’s entry requirements
Amount:
Covers ACCA registration and exam fees
Application Website: Click Here To Apply
12. KPMG Scholarship Programme
KPMG India offers scholarships to support students pursuing Chartered Accountancy (CA) after 12th Commerce. It aims to nurture future accounting professionals. These scholarships cover tuition fees and provide mentorship from experienced accountants. The program selects candidates based on academic merit and financial need. Successful applicants receive continuous support throughout their CA journey.
Eligibility Criteria:
Students who have completed 12th commerce and are pursuing CA
Amount:
Financial support and mentoring throughout CA journey
Application Website: Click Here To Apply
13. Narotam Sekhsaria Scholarship Programme
This scholarship supports outstanding students pursuing higher education in various fields, including commerce and management. It aims to nurture future leaders in these domains. Each year, the program selects a diverse group of talented individuals based on their academic achievements and leadership potential. Recipients gain access to exclusive workshops and networking events, which enhances their educational experience. Additionally, the scholarship provides financial assistance to cover tuition and other educational expenses, ensuring students can focus on their studies without financial burden.
Eligibility Criteria:
Students who have completed 12th grade with excellent academic records and are pursuing undergraduate or postgraduate studies in commerce-related fields
Amount:
Up to Rs. 20 lakhs for the entire course duration
Application Website: Click Here To Apply
14. PwC India Foundation Scholarship
(PwC)
India offers scholarships to meritorious students from economically weaker sections pursuing commerce and related fields. It supports future business professionals. These scholarships provide financial assistance, enabling students to focus on their studies without monetary concerns. They aim to bridge the gap between talent and opportunity by lowering educational barriers. Additionally, recipients gain access to resources and networking opportunities that enhance their academic and career prospects.
Eligibility Criteria:
Students from underprivileged backgrounds who have completed 12th commerce with excellent grades
Application Website: Click Here To Apply
15. Tata Capital Pankh Scholarship Programme
This scholarship supports meritorious students from economically weaker sections pursuing higher education in various fields, including commerce and management. It aims to reduce financial barriers, allowing talented individuals to achieve their academic and career goals. The program provides tuition fees, books, and other essential educational materials. Recipients gain access to exclusive mentoring and networking opportunities to further enhance their professional development.
Eligibility Criteria:
Students who have completed 12th commerce with at least 60% marks and have a family income below Rs. 4 lakhs per annum
Amount:
Up to Rs. 1 lakh per year
Application Website: Click Here To Apply
16. ICICI Bank SKILLS Scholarship
This scholarship is not solely for commerce students, but it also supports skill development and vocational training, which can be beneficial for commerce graduates seeking specific skills. It aims to enhance their employability in a competitive job market. The scholarship covers various programs, including short courses in accounting, marketing, and management. Recipients gain access to training resources and mentorship opportunities, fostering professional growth and networking.
Eligibility Criteria:
Students who have completed 12th grade (including commerce) and are interested in skill-based courses
Amount:
Covers training costs and provides stipend
Application Website: Click Here To Apply
17. Legrand Scholarship Program
Legrand India offers scholarships to meritorious students from economically weaker sections pursuing higher education in various fields, including commerce and management. The scholarships aim to bridge the financial gaps and empower students to achieve academic excellence. These awards are part of Legrand’s commitment to fostering education and building a stronger community. Eligible students can apply annually through the company’s designated scholarship portal.
Eligibility Criteria:
Students who have completed 12th commerce with excellent grades and have a family income below a specified threshold
Amount:
Varies based on the course and need
Application Website: Click Here To Apply
18. JSW Scholarships
JSW Foundation offers scholarships to support students from underprivileged backgrounds pursuing higher education in various fields, including commerce and management. These scholarships aim to reduce financial barriers and encourage academic excellence among deserving candidates. They provide tuition assistance, book allowances, and sometimes even living stipends. The foundation actively collaborates with educational institutions to identify and support potential scholarship recipients.
Eligibility Criteria:
Students who have completed 12th commerce and secured admission to recognized institutions for further studies
Amount:
Varies based on the program and need
Application Website: Click Here To Apply
19. Bharti Foundation Scholarship Program
While primarily known for supporting school education, the Bharti Foundation also offers some scholarships for higher education, including in commerce and related fields. These scholarships aim to empower students pursuing advanced degrees by providing financial assistance. The foundation actively collaborates with universities and educational institutions to identify eligible candidates. Additionally, the scholarship program includes mentorship and career guidance to further enhance the recipients’ educational experience.
Eligibility Criteria:
Meritorious students from rural areas who have completed 12th commerce and wish to pursue higher education
Amount:
Varies based on the program and need
Application Website: Click Here To Apply
20. LIC Golden Jubilee Scholarship Scheme
The Life Insurance Corporation of India offers this scholarship to meritorious students from economically disadvantaged sections who are pursuing higher education, including in commerce and related fields. It aims to support the educational aspirations of students who excel academically but lack financial resources. The scholarship covers tuition fees and other essential academic expenses, alleviating financial burdens and facilitating smoother academic journeys. Eligible students must meet specific criteria, including academic performance and family income thresholds, to qualify for this funding opportunity.
Eligibility Criteria:
Students with family income less than Rs. 1 lakh per annum and who have secured at least 60% marks in 12th commerce
Amount:
Rs. 20,000 per annum for degree courses
Application Website:
Throuh the respective educational institution.
21. Fair & Lovely Foundation Scholarships
Now known as “Glow & Lovely Careers,” this scholarship supports the higher education of girls in various fields, including commerce and management. The program aims to empower women by providing financial assistance for their academic pursuits. It encourages young women to achieve their professional goals and increase their participation in the workforce. By fostering greater educational opportunities, the scholarship plays a critical role in promoting gender equality in education.
Eligibility Criteria:
Girl students who have completed 12th commerce and wish to pursue undergraduate or postgraduate studies
Amount:
Up to Rs. 1 lakh per year
Application Website: Click Here To Apply
22. Mahindra All India Talent Scholarship (MAITS)
While primarily known for supporting engineering students, MAITS also offers some scholarships for diploma courses, which can be relevant for commerce students interested in specific vocational programs. These scholarships aim to expand educational opportunities beyond traditional fields. They provide financial assistance to students pursuing career-orientated diploma courses in commerce and management. Interested students must apply through the MAITS scholarship portal by the announced deadline.
Eligibility Criteria:
Students who have completed 12th grade (including commerce) and are pursuing diploma courses in recognized institutions
Amount:
Rs. 10,000 per year for diploma courses
Application Website: Click Here To Apply
23. BPCL Scholarship Scheme
Bharat Petroleum Corporation Limited offers scholarships to meritorious students from underprivileged backgrounds pursuing higher education in various fields, including commerce and management. These scholarships aim to empower students by easing financial barriers to quality education. Recipients gain access to valuable resources that enhance their academic and professional growth. The program also fosters a diverse community of ambitious learners committed to making a positive impact in their fields.
Eligibility Criteria:
Students who have completed 12th commerce with excellent grades and have a family income below a specified threshold
Amount:
Varies based on the course and need
Application Website: Click Here To Apply
While primarily known for supporting engineering students, MAITS also offers some scholarships for diploma courses, which can be relevant for commerce students interested in specific vocational programs.
24. CBSE Single Girl Child Scholarship Scheme
The Central Board of Secondary Education (CBSE) offers this scholarship to promote the education of girl children, including those pursuing commerce after 12th grade. It aims to support meritorious girls who lack the financial means to continue their education. The scholarship provides a fixed monetary award annually to eligible students. This initiative helps reduce the gender gap in higher education and encourages more girls to pursue their academic goals.
Eligibility Criteria:
Single girl child who has passed CBSE Class 12 examination with 60% or more marks and whose family income does not exceed Rs. 1.5 lakhs per annum
Amount:
Rs. 500 per month for two years
Application Website:
Through the CBSE official website
25. Inlaks Shivdasani Foundation scholarship
While primarily known for supporting postgraduate studies abroad, this scholarship can be relevant for commerce graduates planning international studies in business or related fields. It offers a substantial financial aid package that covers tuition, travel, and living expenses. Candidates must demonstrate exceptional academic merit and leadership potential to be eligible. The application process typically opens annually, and interested students should prepare well in advance.
Eligibility Criteria:
Outstanding Indian students who have completed their undergraduate studies (including in commerce) and secured admission to top international universities for postgraduate programs
Amount:
Covers tuition fees, living expenses, and travel costs for studies abroad
Application Website: Click Here To Apply
Conclusion
These scholarships offer diverse opportunities for Indian students who have completed their 12th grade in the commerce stream, spanning areas from accounting and finance to business management and economics. Keep in mind that scholarship details, including amounts and eligibility criteria, can change, so always confirm the latest information directly from official sources before applying. Start your scholarship search early, prepare all necessary documents meticulously, and ensure you submit your applications well ahead of deadlines. Wishing you success in your scholarship applications and your forthcoming academic pursuits in the vibrant field of commerce and business!
About Shilna KK
I am a career and higher education enthusiast with 3+ years of experience. I believe in the power of knowledge and strive to provide valuable insights and resources to help individuals make informed decisions about their future.