The Madhyamik (10th (Class 10) results under the West Bengal Board are just around the corner, scheduled for May 2, 2025. Besides Other state 10th Result in Same position. While students are anxious about scores, it’s equally important to plan ahead for higher education. Financial assistance through scholarships can be a major turning point—especially for meritorious students from economically weaker sections. The West Bengal and Central governments offer multiple scholarships, and knowing about them in advance can make a big difference.
Below is a comprehensive list of the top 5 scholarships available after passing Madhyamik in 2025, including eligibility criteria, application timelines, and benefits.
1. Swami Vivekananda Merit-cum-Means Scholarship (SVMCM) 2025
This Scholarship is one of the most prominent scholarships offered by the West Bengal government for meritorious students facing financial hardship. It supports students pursuing higher secondary, undergraduate, and professional courses.
Eligibility Criteria:
- Minimum 60% marks in Madhyamik.
- Annual family income should be less than ₹2.5 lakh.
- Applicant must not be receiving any other scholarship.
Benefits of Scholarship :
- Monthly stipend based on course level.
- Available for science, arts, commerce, engineering, and medical courses.
Application Process:
- Applications open around October–November 2025.
- Apply through the official SVMCM portal: svmcm.wbhed.gov.in.
2. Nabanna Scholarship 2025 (Chief Minister’s Relief Fund In West Bengal)
The West Bengal Nabanna Scholarship is a state-level financial aid provided through the Chief Minister’s Relief Fund to students who are academically sound but financially challenged.
Eligibility Criteria:
- Minimum 60% in Madhyamik.
- Family’s annual income must not exceed ₹60,000.
Benefits:
- One-time grant (amount may vary).
- Especially helpful for emergency educational expenses.
Application Procedure:
- Application is offline and can be submitted any time of the year.
- Submit the form and documents at the Nabanna office in Howrah.
3. Aikyashree Scholarship 2025 (For Minority Students)
West Bengal’s Aikyashree is run by the West Bengal Minority Development and Finance Corporation (WBMDFC). It provides educational support to students from minority communities: Muslims, Christians, Sikhs, Buddhists, Jains, and Parsis.
Eligibility Criteria:
- Minimum 50% marks in Madhyamik.
- Family’s annual income should not exceed ₹2 lakh.
Some of Benefits:
- Covers tuition fees, maintenance allowance, and other costs.
- Available for post-matric studies (Classes 11 onward).
Application Procedure:
- Apply online at wbmdfcscholarship.in..
4. Sitaram Jindal Foundation Scholarship 2025
This is a private scholarship offered by the Sitaram Jindal Foundation to deserving students across India, including West Bengal.
Eligibility Criteria:
- Boys: 60%, Girls: 55% in Madhyamik.
- Annual family income should be below ₹2.5 lakh.
- Age must be below 30 years.
Some Benefits:
- Monthly scholarship of ₹500 to ₹2,500 depending on the course.
- Open to diploma, undergraduate, and technical students.
Application Procedure:
- Download the form from sjfoundation.org.
- Submit via post or apply online as per instructions on the website.
5. LIC Golden Jubilee Scholarship 2025
LIC of India offers this scholarship to students from economically weaker backgrounds who show academic excellence and want to pursue higher studies in professional streams.
Eligibility Criteria:
- Minimum 60% marks in Madhyamik or Higher Secondary.
- Annual family income should not exceed ₹2.5 lakh.
Benefits:
- ₹15,000 annually for students entering Class 11.
- Professional course students (e.g., Engineering, Law, Medical) are also eligible.
Application Process:
- Apply online through licindia.in during the official application window (usually announced in October–December).
How to Prepare for Scholarship Applications
- Collect Documents Early: Keep mark sheets, income certificates, caste/minority certificates, and Aadhaar cards ready.
- Verify Each Portal: Ensure you are applying through official websites.
- Check Dates Regularly: Bookmark scholarship portals and check back during July–November for updates.
- Ask for Help: Schools often help in filling out forms, or you can visit a cyber café.
More About
While the Madhyamik result is scheduled to be declared on May 2, 2025, you don’t need to wait until then to start planning. If you are confident about scoring 50%–60% or more, begin shortlisting which scholarships you are eligible for. Early awareness increases your chances of applying correctly and on time.
Getting a scholarship not only eases the financial burden but also boosts morale, enabling students to focus on studies rather than expenses. So, start preparing your documents and tracking the official portals mentioned above.
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Are you looking for a safe and reliable source of fixed monthly income? If yes, the Post Office Monthly Income Scheme (MIS) could be your perfect financial companion. Offering guaranteed returns with zero risk, this scheme ensures that a fixed interest amount is deposited into your account every month. Whether you live in a village or a city but the Post Office MIS is a life-changing investment choice for millions of Indians.
Why Trust the Post Office for Investments?
The India Post office network spans across the length and breadth of the country—from remote villages to bustling metro cities. Over the years, the Post Office has evolved from a mail-sending institution to a trusted financial backbone, especially for small and medium investors in India.
Among its several savings schemes, the Post Office Monthly Income Scheme (MIS) stands out for its simplicity, safety, and guaranteed monthly returns.
How Does the Post Office MIS Work?
Under the MIS scheme, you invest a lump sum amount once, and in return, you receive fixed monthly interest in your account. As of now, the interest rate offered is 7.4% per annum, payable monthly. This means that without risking your capital, you receive a steady income every month—a great deal especially for retirees, homemakers, or those seeking a stable side income.
Monthly Returns You Can Expect Based on Investment
The table below shows how much monthly income you can earn depending on your investment amount:
| Investment Amount (₹) | Monthly Interest (₹) |
|---|---|
| 1,50,000 (Minimum) | ~925 |
| 5,00,000 | 3,083 |
| 7,00,000 | 4,317 |
| 9,00,000 (Max for Single) | 5,550 |
| 15,00,000 (Joint Account) | 9,320 |
Note: The interest is calculated at 7.4% per annum and is subject to revision every quarter by the Government of India.
Who Can Open a Post Office MIS Account?
To open an MIS account under this scheme, you must meet the following criteria:
- Must be a resident Indian citizen
- Age should be 18 years or above
- Both single and joint accounts are allowed
- For joint accounts, all account holders must be adults
This scheme is highly recommended for:
- Senior citizens
- Retired professionals
- Homemakers
- Risk-averse investors
- Anyone looking for regular, passive income
Minimum and Maximum Investment Limits
- Minimum investment: ₹1,500
- Maximum investment (Single Account): ₹9,00,000
- Maximum investment (Joint Account): ₹15,00,000
The interest amount is credited monthly and can be withdrawn or auto-credited to your savings account.
Account Features and Benefits
- Fixed Monthly Income: Receive interest every month on your investment.
- Low-Risk Option: Your capital is 100% secured under government protection.
- Nominee Facility: You can nominate someone to receive the money in case of your death.
- Transferable: The account can be transferred from one post office to another across India.
- No Market Dependency: Unlike mutual funds or stock markets, returns are not affected by economic fluctuations.
How to Open a Post Office MIS Account
Opening an MIS account is simple and can be done at any post office branch:
- Visit your nearest Post Office.
- Fill out the MIS account application form.
- Submit KYC documents: Aadhaar card, PAN card, passport-sized photographs, etc.
- Provide proof of address and identity.
- Deposit the investment amount via cash or cheque.
- Choose a nominee (optional but recommended).
Once the process is complete, your MIS account will be active and you’ll start receiving interest from the next month.
Important Rules to Remember
- The interest income is taxable but no TDS (Tax Deducted at Source) is deducted.
- The lock-in period is 5 years.
- You can withdraw your investment prematurely after 1 year, but with a penalty:
- 1-3 years: 2% penalty
- After 3 years: 1% penalty
- After 5 years, you can either withdraw the entire amount or reinvest.
Should You Invest in MIS? Here’s Why You Should Consider It
Pros:
- Government-backed and secure
- Ideal for low-risk investors
- Regular monthly income
- Simple account management
- Suitable for retirees or those with no other steady income
Cons:
- Returns are moderate compared to market-linked schemes
- No growth on capital (only interest earnings)
If you’re someone who values stability and wants a guaranteed return without market volatility, this is a solid choice.
FAQ
Q1. Can I open multiple MIS accounts?
Yes, you can open multiple MIS accounts, but the total investment should not exceed ₹9 lakh in a single name and ₹15 lakh jointly.
Q2. Is TDS applicable on the interest earned?
No, TDS is not deducted. However, the interest is taxable as per your income tax slab.
Q3. Can I withdraw money before 5 years?
Yes, you can withdraw after 1 year with a penalty.
Q4. Can I transfer my MIS account to another post office?
Yes, account transfer across India is permitted.
Q5. Is the MIS scheme safe for senior citizens?
Absolutely. It is considered one of the safest investment schemes for senior citizens looking for monthly income.
If you’re seeking peace of mind with predictable earnings, it’s time to visit your nearest post office and invest smartly in the MIS scheme.
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