Sakal Foundation to grant interest free loan scholarships

Sakal Foundation to grant interest free loan scholarships

Pune: In the year 2019-20, Sakal India Foundation, Pune (Maharashtra) marked 60 years of promoting excellence in education. On the occasion of Diamond Jubilee in the service of youth, the Foundation has decided to offer up to 55 interest free loan scholarships each worth of Rs 75,000 every year on all over India basis.

The Foundation, for the academic year 2020-2021 invites applications for the above mentioned interest free loan scholarship, repayable in two years, from Indian Students proposing to pursue post-graduate studies abroad or research studies leading to Ph D in India.

The applicant must have secured confirmed admission for Post-Graduate degree in any Foreign University for academic study of not less than one year's duration for the academic year 2020-2021 or the applicant must have valid registration, for doing research leading to Ph D in a statutory university, national institute or institution of equivalent standing in India, two years previous to the date of application for interest free Loan Scholarship.

In addition, one scholarship of Rs 10,000 (Non-refundable) will be awarded to a deserving student pursuing post-graduate studies or research leading to Ph D in Journalism satisfying above pre - conditions in India or abroad.

Those who satisfy above pre-conditions are advised to visit our website along with a necessary documents like formal admit letter or registration letter of confirmed admission from the concerned University or Institute, mark sheets etc. You have to fill up the form and submit it on our website only. No need of hard copy.

Last date: July 20, 2020.

Address: Sakal India Foundation, Plot No.27, Narveer Tanaji Wadi, Near PMT Depot, near Sakhar Sankul, Shivajinagar, Pune-411005

Contact No: 020 66262373 / 020 25602100 (373)

A review of the last 60 years of service rendered by Sakal India Foundation to the youth not only reflects a sense of satisfaction but also prompts and directs attention to various additional needs of young students and teachers as well.

To begin with, the constraint of limited funds required to be overcome to achieve quantitative as well as qualitative expansion. We solicit you to respond by associating yourself or inducing any person to associate with Sakal India Foundation in the following manner: 

  • Making donation which are eligible for concession in Income Tax under 80G of the Income Tax Act.
  • Subscribing to Endowment Fund by offering a lump sum with a stipulation to invest the amount and utilise interest thereon for a specific project which will have Income Tax concession benefit.

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