Scholarships worth Rs 500 million for students

Thursday, 12 June 2014 09:49 administrator

Logo PaytmPaytm and join forces to help build careers.


New Delhi. Paytm, India’s largest mobile commerce platform, has announced the Paytm Scholarship in association with Paytm will be helping students build their future with daily scholarships worth Rs 500 million. Paytm users who wish to pursue a degree, diploma or a certificate course available on are eligible for scholarships worth Rs 25,000. Additionally, Paytm will give Paytm Cash upto Rs 5000 to students on enrollment for any course.

Paytm Founder and CEO, Vijay Shekhar Sharma, said, “We are happy to announce the Paytm Scholarship for students who just cleared class XII board examinations. The scholarship will also support many graduate students and working professionals for enhancing their academic qualifications with a Master’s Degree or industry-recognised course.”

"The EduKart team is excited to partner with Paytm to drive this scholarship initiative. We hope that the Paytm users make the best use of the scholarships to progress in their careers," added Ishan Gupta, CEO of

In order to access the scholarship, Paytm users simply need to recharge their phones and pay their bills for Mobile, DTH, 3G data and utility services for any amount and enter the code “SCHOLARSHIP” in the promo code box. On doing this, they will receive an e-mail from the company on how to avail of the Scholarship on the over 1,000 courses on

Each user will be eligible for only one scholarship and will have to enroll for the desired course before 15th July 2014. The amount of Scholarship given will be calculated on the basis of the value of the course chosen. In order to provide customers with maximum benefit, Paytm will provide the entire Scholarship sum at the time of payment of the first installment of the course. The additional Paytm cash will be received 14 days after the payment for the course is complete. The Scholarships are valid across transaction methods and for users in every part of the country.