The programme that offers 300 scholarships in Karnataka, will be rolled out in 2016-17, the company said.
It will be a recurring annual programme under which grant given to each of the beneficiaries can be utilised for tuition fee or other expenses incidental to education, it said.
Santoor scholarships are open to girls from underprivileged and disadvantaged backgrounds who wish to pursue their diploma/degree of a minimum two-year period. To qualify, the student must have passed her grade 10 and 12 from a government school/college.
Sixty per cent of the scholarships is earmarked for students who wish to pursue higher education in the fields of humanities, liberal arts and sciences.
The remaining 40 per cent can be availed by students pursuing professional courses. Priority would be given to girls from the backward districts, it said.