Getting admission into the prestigious Indian Institutes of Technology (IITs) is a dream come true for millions of students. However, the high tuition fees and living expenses can become a heavy financial burden for many families. To bridge this gap and support brilliant minds, Panasonic India offers a highly rewarding financial aid program.
If you have secured a seat in an IIT and need financial backing, the Panasonic Ratti Chattr Scholarship is exactly what you need. This initiative is designed to empower young future leaders by removing financial barriers. Here is everything you need to know about this scholarship, its eligibility criteria, and how you can apply online for the 2026-2027 academic session.
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What is the Panasonic Ratti Chattr Scholarship?
The Panasonic Ratti Chattr Scholarship is a flagship Corporate Social Responsibility (CSR) initiative by Panasonic India. Launched to promote equal access to quality education, this merit-cum-need-based scholarship provides substantial financial assistance to undergraduate students pursuing B.Tech courses across various IITs in India.
The program not only offers monetary support but also aims to boost the confidence of deserving students hailing from low-income families, particularly those from Tier II and Tier III cities.
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Scholarship Reward and Benefits
Selected students receive significant financial aid to cover their academic expenses.
- Financial Assistance: Scholars receive an amount of ₹42,500 per year.
- Duration: This financial support is provided for the entire duration of the 4-year B.Tech program, subject to the student maintaining good academic performance every semester.
- Skill Development: Beyond money, Panasonic often engages with these scholars to offer guidance and exposure to the corporate tech world.
Eligibility Criteria Panasonic Ratti Chattr Scholarship 2026
To ensure the aid reaches the right candidates, Panasonic has set specific eligibility requirements. You must meet all the following conditions to apply:
- Academic Institution: The applicant must be a 1st-year B.Tech student enrolled in any of the recognized Indian Institutes of Technology (IITs) across India.
- 12th Board Marks: The candidate must have scored a minimum of 75% marks or equivalent in their Class 12 board examinations.
- Financial Background: The total annual family income of the applicant, from all sources combined, must not exceed ₹8,00,000 (8 Lakh Rupees).
- Nationality: Only Indian citizens are eligible to apply.
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Required Documents
Keep scanned copies of the following documents ready before starting your online application:
- Aadhaar Card or any government-issued ID proof.
- Class 12th Marksheet.
- Admission letter or fee receipt from the respective IIT.
- Valid Income Certificate issued by a competent government authority.
- Bank account details (Passbook copy or cancelled cheque).
- Passport-size photograph.
How to Apply Online (Step-by-Step)
The application process is entirely digital. Follow these steps to submit your form successfully:
- Visit the official scholarship portal (usually hosted on platforms like Buddy4Study).
- Search for the “Panasonic Ratti Chattr Scholarship” in the active scholarships list.
- Click on the “Apply Now” button and log in using your registered Email ID or Mobile Number.
- You will be redirected to the application instruction page. Read it carefully and click “Start Application”.
- Fill in your personal details, academic records, and family income information accurately.
- Upload all the required documents in the specified format and size.
- Accept the terms and conditions, review your application, and click on “Submit”.
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Selection Process
Since this is a highly competitive scholarship, the selection is done in multiple phases:
- Initial Shortlisting: Based on Class 12th marks and family income.
- Online Test: Shortlisted candidates must appear for an online assessment test.
- Personal Interview: Candidates who clear the test are invited for a telephonic or virtual interview round. Final selection is based on academic merit, financial need, and the interview performance.
Frequently Asked Questions (FAQs)
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Q1: Can NIT or IIIT students apply for the Panasonic Ratti Chattr Scholarship?
A: No, currently this scholarship program is exclusively designed for 1st-year B.Tech students enrolled in the Indian Institutes of Technology (IITs).
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Q2: Is the scholarship amount given directly to the college or the student?
A: The scholarship amount (₹42,500 per year) is usually transferred directly into the active bank account of the selected student via Direct Benefit Transfer (DBT).
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Q3: Do I need to re-apply every year to get the funds?
A: You do not need to fill out the primary application again, but you must submit your previous year’s academic results. The scholarship is renewed annually only if you maintain a good CGPA and clear all subjects.
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Q4: What if my family income is slightly above ₹8 Lakhs?
A: The ₹8,00,000 income limit is strictly enforced. If your official family income certificate shows an amount higher than this, your application will be automatically rejected.
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Q5: Is there any application fee to apply for this scholarship?
A: No, the application process for the Panasonic Ratti Chattr Scholarship is absolutely free. Beware of any third-party agents asking for money to process your form.
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John Michael Ramos is a Certified Financial Planner with over 12 years of experience in the automotive insurance and personal finance sectors. He has authored data-driven articles for leading financial publications in India. His goal is to simplify complex insurance jargon into easy-to-understand language. Visit My Linkedin Profile Here.