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Panasonic Scholarship 2026 for IIT Students – Get ₹70,250 Per Year

Panasonic Scholarship 2026: Annual ₹70,250 Scholarship for First-Year IIT B.E./B.Tech Students – Eligibility, Benefits, Application Process & Last Date

Panasonic Scholarship 2026

The Panasonic Ratti Chhatr Scholarship Program 2026-27 has been announced by Panasonic Life Solutions India (PLSIND) to provide financial assistance to deserving first-year engineering students studying at the Indian Institutes of Technology (IITs) across India. Under this scholarship scheme, selected students will receive ₹70,250 per year to support their higher education.

The scholarship aims to encourage talented students from economically weaker backgrounds by reducing their financial burden and helping them continue their engineering education without interruption. Since its launch in 2009, the Panasonic Ratti Chhatr Scholarship has supported numerous IIT students in pursuing their academic goals.

Students who meet the eligibility criteria can submit their applications online through the Buddy4Study portal. The last date to apply is 20 August 2026.

In this article, you will find complete information about the Panasonic Scholarship 2026, including eligibility criteria, scholarship amount, benefits, selection process, required documents, application procedure, and important dates.


Panasonic Scholarship 2026 Highlights

Particular Details
Scholarship Name Panasonic Ratti Chhatr Scholarship Program 2026-27
Organization Panasonic Life Solutions India (PLSIND)
Scholarship Amount ₹70,250 per year
Eligible Students First-Year IIT B.E./B.Tech Students
Academic Requirement Minimum 75% marks in Class 12
Family Income Limit Up to ₹8,00,000 per annum
Application Mode Online
Application Portal Buddy4Study
Last Date to Apply 20 August 2026

About Panasonic Ratti Chhatr Scholarship 2026-27

The Panasonic Ratti Chhatr Scholarship is an initiative by Panasonic Life Solutions India to support academically talented students who face financial challenges while pursuing higher education. The scholarship is specifically designed for students admitted to the first year of B.E. or B.Tech programs at IITs during the academic session 2026-27.

Higher education at IITs is considered one of the most prestigious opportunities in India. However, the cost of tuition fees, accommodation, books, and other academic expenses can be a major burden for many families. Through this scholarship, Panasonic aims to reduce these financial challenges and enable deserving students to focus on their studies and career development.

The scholarship has been successfully running since 2009 and continues to provide financial support to students with excellent academic performance and genuine financial need.


Scholarship Benefits

Selected candidates under the Panasonic Scholarship Program will receive the following benefits:

  • Annual financial assistance of ₹70,250.
  • Support for educational expenses such as tuition fees, books, study materials, and related academic costs.
  • Financial assistance may continue up to 2028, subject to scholarship guidelines and continuation criteria.
  • Encouragement for deserving students to complete their engineering education successfully.

This scholarship can significantly reduce the financial burden on students and their families, allowing them to concentrate on academic excellence.


Eligibility Criteria

Students must satisfy the following eligibility conditions before applying:

  • Must have secured admission to the first year of a B.E./B.Tech course at any IIT during the academic year 2026-27.
  • Must have scored at least 75% marks in Class 12 examinations.
  • The annual family income from all sources should not exceed ₹8,00,000.
  • Applicants must possess a valid IIT Admission Letter.
  • Candidates should also have the First Semester Fee Payment Receipt.
  • Children of employees of Buddy4Study and Panasonic are not eligible to apply.

Special Preference

Candidates belonging to the Persons with Disabilities (PwD) category will receive preference during the selection process, provided they meet all eligibility conditions.


Scholarship Amount

Under the Panasonic Ratti Chhatr Scholarship Program 2026-27, each selected student will receive:

Scholarship Amount: ₹70,250 per year

The amount can be used for:

  • Tuition fees
  • Hostel expenses
  • Books
  • Study materials
  • Academic equipment
  • Other education-related expenses

The scholarship is intended to ensure that financial limitations do not become a barrier to quality education.


Selection Process

The Panasonic Scholarship follows a transparent and merit-based selection process consisting of multiple stages.

1. Initial Shortlisting

Applications are first shortlisted based on:

  • Academic performance
  • Family income
  • Eligibility criteria

2. Online Test

Shortlisted candidates will be invited to appear for an online assessment.

3. Telephonic Interview

Candidates who qualify in the online test will undergo a telephonic interview.

4. Document Verification

All submitted documents will be carefully verified to confirm eligibility.

5. Virtual Interview

Eligible candidates will participate in a virtual interview with the Panasonic selection panel.

6. Final Selection

After successful completion of all stages, the final list of selected candidates will be announced and scholarship benefits will be provided.


Required Documents

Applicants should keep the following documents ready before submitting the online application:

  • Class 12 Mark Sheet (2025-26 Batch)
  • Government-issued Identity Proof
    • Aadhaar Card
    • Voter ID
    • PAN Card
    • Driving Licence
  • IIT Admission Letter
  • First Semester Fee Payment Receipt
  • Family Income Certificate
    • Government Income Certificate
    • Form 16
    • Salary Slips (Last 3 Months)
    • Income Tax Return (ITR), if applicable
  • Applicant’s Bank Account Details
  • Recent Passport Size Photograph

Ensure that all documents are clear, valid, and uploaded in the prescribed format.


How to Apply for Panasonic Scholarship 2026?

Interested candidates can complete the application by following these simple steps:

Step 1

Visit the Buddy4Study official portal.

Step 2

Log in using your registered email ID, mobile number, or Google account. New users should complete the registration process first.

Step 3

Search for “Panasonic Ratti Chhatr Scholarship Program 2026-27”.

Step 4

Open the scholarship page and click on “Start Application.”

Step 5

Fill in all the required personal, academic, and bank account details accurately.

Step 6

Upload all the necessary supporting documents.

Step 7

Read and accept the Terms and Conditions.

Step 8

Preview your application carefully and verify all information.

Step 9

Click on the Submit button to complete the application successfully.

After submission, save a copy or take a screenshot of the confirmation page for future reference.


Important Dates

Event Date
Online Application Begins Open
Last Date to Apply 20 August 2026

Candidates are advised not to wait until the last date, as heavy traffic on the portal may lead to technical issues.


Why Students Should Apply

Engineering education at IITs demands significant financial investment. Scholarships such as the Panasonic Ratti Chhatr Scholarship help students continue their education without worrying about financial constraints.

The scholarship not only provides direct financial assistance but also motivates students to perform well academically. Students from economically weaker families can especially benefit from this initiative and pursue their dreams of becoming successful engineers.

If you have secured admission to an IIT and satisfy the eligibility conditions, you should consider applying for this scholarship before the deadline.


Final Words

The Panasonic Scholarship 2026 is an excellent opportunity for deserving first-year IIT engineering students to receive financial support of ₹70,250 annually. With a transparent selection process, simple online application procedure, and continued support for eligible students, this scholarship can make a significant difference in reducing educational expenses.

Interested students should carefully check the eligibility criteria, prepare all required documents, and submit their applications through the Buddy4Study portal on or before 20 August 2026. Applying early will help avoid last-minute technical issues and increase the chances of a smooth application process.

Students aspiring to build a successful engineering career at IIT should not miss this valuable scholarship opportunity.

Panasonic Ratti Chhatr Scholarship: Important Links