Mumbai: The Hong Kong and Shanghai Banking Corporation (HSBC) Ltd India has announced the HSBC Scholarship Programme.

The scholarship programme will be introduced to help students in getting easier access to studying in the United Kingdom (UK).

'The programme will select two students and will provide them £25,000 (Rs.20 lakh) per year to pursue any graduate and post graduate programme at Oxford University, Cambridge University or University of London,' said Malini Thadani, head group communications and corporate sustainability at HSBC.

'We are in a lookout for students with a potential and the vision of improving the lives of people not only in India but around the world. The passouts from this scholarship programme are expected to use their education for the benefit of others,' added Thadani.

'The criteria for choosing the students for conferring the scholarship will be based on their previous academic record and future potential, leadership qualities apart from writing a 500 word statement-of-purpose that explains future goals and how studying in UK will help him/ her achieve that goal,' she said.