Indian Oil Corporation Ltd., offer the following category of Scholarships:

1. For 10 + /ITI candidates for a duration of 2 years. Minimum eligibility marks in qualifying examination for General category is 65%, SC/ ST/OBC/Girls is 60%, PC/PH is 50%. Scholarship - Rs. 1000 pm.

2. For Engineering candidates for a duration of 4 years. Minimum eligibility marks in qualifying examination for various categories is same as mentioned above. Scholarship - Rs. 2000 pm.

Eligibility - Students pursuing full time courses in these streams & studying in Schools/Colleges/Institutions /Universities recognised by MCI/ AICTE/ State Education Boards/ State Govt./ ICSE/ CBSE/ Central Govt./ Association of Indian universities, are eligible to apply. The student should have bonafide admission in the 1st  year of school/College/Institute/University in the current academic year. Students of two year full time PG courses in Business Administration/Management recognised by Central/State Govt./Association of Indian Universities and which are equivalent to MBA, are eligible for management stream scholarship. Students having confirmed admission in the first year of full time Engineering degree course, MBBS, MBA and 11th standard as well as those in the 1st year of 2 year ITI courses are eligible to apply. In case of graduates, the average percentage of marks of all the academic years would be treated as eligibility marks. Criteria for selection would be merit and family's income. Preference would be given to the candidates whose family's annual gross income is not more than Rs. 60,000/-.