Medley Pharma Scholarship 2025 | Eligibility, Benefits & Application Process

Medley Pharma Scholarship 2025 – Financial Aid for Deserving Students

The Medley Pharma Scholarship is an initiative by Medley Pharmaceuticals Limited aimed at supporting students in Maharashtra who face financial difficulties in continuing their education. The scholarship is open to students from Class 10 onwards, covering a wide range of courses such as Junior College, Graduation, Postgraduation, Diploma, ITI, and Management courses. The objective of this scheme is to promote education and eradicate financial barriers, ensuring that deserving students can complete their studies without financial stress.

Eligibility Criteria

To qualify for the Medley Pharma Scholarship, applicants must meet the following requirements:

✔ Must be a permanent resident of Maharashtra and enrolled in an educational institution within the state.
✔ Must have passed Class 10 and be pursuing studies in recognized courses.
✔ Should have obtained at least 60% marks in their last examination.
✔ The family's annual income should be less than ₹2,00,000 from all sources.
✔ Only one applicant per family is allowed to apply for the scholarship.

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Scholarship Benefits

The Medley Pharma Scholarship offers two types of financial support:

1. Scholarship Grant: Eligible students can receive up to ₹10,000 for their entire course, which is non-refundable.

2. Interest-Free Loan: Students can avail of an education loan ranging from ₹10,000 to ₹1,00,000, which needs to be repaid after course completion.

Loan Repayment Terms:

• The repayment should start six months after course completion or one month after securing a job, whichever is earlier.

• The loan must be repaid within five years from the date of employment.

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Required Documents

To apply for the scholarship, students need to submit the following documents:

- Income proof of parents/guardians (Salary slip/Pension slip/Income certificate certified by Tehsildar).
- Academic records (Photocopies of results for the last three years, duly notarized).
- Address proof (Photocopy of ration card, electricity bill, or maintenance bill).
- Identity proof (Photocopy of student ID, if available).
- Guarantor’s documents (Applicable for students applying for an interest-free loan. The guarantor’s income should exceed ₹2,00,000 per year).

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Application Process

Students can submit their scholarship applications either via email or in person by following these steps:

How to Apply

Step 1: Download the official application form.
Step 2: Fill in all the required details carefully.
Step 3: Attach necessary supporting documents.
Step 4: Submit the completed form via email or in person to the following address:

Medley Pharmaceuticals Limited
Medley House, D‐2, MIDC Area, 16th Road, Andheri (E), Mumbai‐ 400093
Email: mail.medleylab.com

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Important Terms & Conditions

•  Scholarship funds will be paid directly to the educational institution via cheque.
•  The application form must be attested by the Head of the Institution with an official seal.
• The cheque will not be issued in the name of the student to ensure proper utilization of funds.
• Applications for the scholarship are accepted throughout the year.
•  Most students are inducted between June and September annually, but new entries can take place year-round.

Contact Details

For any queries or further details, students can reach out at:

📍 Medley Pharmaceuticals Limited
Medley House, D‐2, MIDC Area, 16th Road, Andheri (E), Mumbai‐ 400093
📩 Email: mail.medleylab.com