The SBI Foundation has recently come up with an excellent scholarship program known as the SBI Platinum Jubilee Asha Scholarship, under which the authorities aim to provide financial help as a scholarship to all the meritorious students who come from low-income groups or families. This program supports students from classes 9 to 12 as well as those pursuing undergraduate, postgraduate, medical, IIT, IIM, and overseas studies. All those students or candidates who are eligible and willing to apply for a scholarship under this program can simply visit the Official Website and fill out the application form online.
Objective of SBI Platinum Jubilee Asha Scholarship
The main objective behind this scholarship program is to empower all the meritorious students who come from economically weaker families by providing them with financial help as scholarships. This initiative ensures equality by reserving 50% of the scholarship slots for female candidates and 50% for SC/ST students. With the help of this program, students will be able to study better and further without being dependent on anyone for their educational expenses and requirements.
Short Highlights of SBI Platinum Jubilee Asha Scholarship
| Name | SBI Platinum Jubilee Asha Scholarship |
| Provider | SBI Foundation, the CSR arm of the State Bank of India. |
| Objective | To provide financial assistance to meritorious, underprivileged students from Class 9 up to postgraduate level. |
| Eligibility | Academic: 75% marks (or 7 CGPA) in the previous exam. (Relaxed to 67.5% for SC/ST students). Income: Annual family income must be under ₹3 lakh for school students (Classes 9–12) and ₹6 lakh for all other categories. |
| Scholarship Amount | Varies by educational level, from ₹15,000 up to ₹20 lakh annually. |
| Reservations | 50% of scholarships are reserved for female candidates and 50% for SC/ST candidates. |
| Application Process | Online via the official portal, sbiashascholarship.co.in.Deadline (2025-26): November 15, 2025. |
| Coverage | Includes school students (Class 9-12) and students pursuing higher education at top-ranked colleges, IITs, IIMs, and select overseas universities. |
| Renewal | The scholarship is renewable for subsequent academic years, subject to meeting eligibility requirements. |
Eligibility Criteria
- Applicant must be an Indian Citizen.
- Must have secured at least 75% marks or 7.0 CGPA in the previous academic year.
- 10% relaxation (67.5% marks or 6.3 CGPA) is provided for students belonging to the SC/ST categories.
- 50% of the scholarship slots are reserved for female candidates and 50% for SC/ST candidates.
Documents Required
- Residential Proof
- Identity Proof
- Income Proof
- Academic Records
- Valid Passport
- Community Certificate
- Passport Size Photographs
- Bank Account Details
Scholarship Amount
| Educational Level | Maximum Annual Amount (₹) |
|---|---|
| School Students (Classes 9–12) | 15,000 |
| Undergraduate | 75,000 |
| Postgraduate | 2.5 lakh |
| Medical | 4.5 lakh |
| IIT Students (Undergraduate) | 2 lakh |
| IIM Students (MBA/PGDM) | 5 lakh |
| Overseas (SC/ST for PG) | 20 lakh |
Scholarship Coverage
- Tuition fees
- Exam fees
- Cost of books and stationery
- Hostel fees
- Living expenses
SBI Platinum Jubilee Asha Scholarship Apply Online
- All those students who are willing to apply for this scholarship have to visit the Official SBI Foundation Website.
- Now, on the homepage, you have to click on the Apply Online option.
- Now the Application Form will open. Here, you have to enter all the required details in the form.
- Then you have to upload all the required documents in the form.
- After entering all the details, you have to recheck the form and click on the Submit button.
Contact Details
Dial:- 022-221589
FAQ’s
What is the SBI Platinum Jubilee Asha Scholarship?
It’s a financial aid program from the SBI Foundation for meritorious students from low-income families.
Who can apply for it?
Indian students from Class 9 up to postgraduate and overseas levels, based on academic merit and family income criteria.
What is the academic requirement?
A minimum of 75% marks (or 7 CGPA) in the previous academic year. SC/ST students receive a 10% relaxation.
What are the family income limits?
The annual family income must be under ₹3 lakh for school students and under ₹6 lakh for those in higher education.
Are there reservations?
Yes, 50% of the scholarships are reserved for female candidates and 50% for SC/ST candidates.
How much is the scholarship amount?
The annual amount varies, from ₹15,000 for school students up to ₹20 lakh for overseas postgraduate studies.
What is the last date to apply?
For the 2025-26 academic year, the last date to apply is November 15, 2025.
How do I apply?
The application must be submitted online through the official portal, sbiashascholarship.co.in.
Is an SBI bank account mandatory?
No, any valid bank account can be used for the scholarship fund disbursement.
Is the scholarship renewable?
Yes, it is renewable annually, provided the student continues to meet the eligibility criteria.
Which documents are needed for the application?
Required documents include academic records, ID proof, income proof, and admission proof.
What is the selection process?
It is a multi-stage process based on academic merit and financial background, including shortlisting and possible telephonic interviews.
