SBI Platinum Jubilee Asha Scholarship 2026-27
SBI Foundation · All India
| Scheme Name | SBI Platinum Jubilee Asha Scholarship 2026-27 |
| Provided By | SBI Foundation |
| Eligibility Summary | Class 11-12, Graduation, Engineering (< ₹8L Income) |
About the Program
SBI Asha Scholarship 2026. Financial assistance program for students from low-income families. Check eligibility, benefit details of ₹15,000, and last date to apply.
Benefits & Financial Support
₹20.0 Lakh+
The scholarship amount for the SBI Platinum Jubilee Asha Scholarship 2026-27 varies significantly based on the academic level and course of study. School students (Classes 9-12) can receive ₹15,000 annually. Undergraduate students may receive up to ₹75,000, and postgraduate students up to ₹1,50,000 or ₹2,50,000. Medical students (MBBS) can get up to ₹2,00,000 or ₹4,50,000, and IIT students up to ₹2,00,000. IIM students are eligible for up to ₹5,00,000, while those pursuing overseas postgraduate studies in top-ranked global universities can receive up to ₹15,00,000 or ₹20,00,000. The scholarship funds are typically transferred directly to the beneficiary's SBI bank account. The amount is intended to cover eligible education-related expenses, including tuition fees, accommodation, books, examination fees, and educational equipment.
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Financial grants ranging from ₹15k for school students to ₹20 Lakh for overseas education
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Includes one-time payments and renewable support.
Note: 50% reservation for girls. 50% for SC/ST.
Eligibility Criteria & Income Limit
| Education Level | Class 9 to 12, UG, PG, Medical, IIT, IIM |
| Course / Stream | Relevant courses |
| Minimum Marks | 75% |
| Income Limit | Up to ₹6.0 Lakh/year |
| Category / Caste | All (50% reservation for SC/ST) |
| Domicile State | All India |
Mandatory Documents Checklist
- ✓Aadhaar Card
- ✓Passport Photo
- ✓Previous Year Marksheet
- ✓Income Certificate
- ✓Admission Proof
- ✓Bank Passbook
Selection Process
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Candidates for the SBI Platinum Jubilee Asha Scholarship 2026-27 are selected through a multi-stage process based on academic merit and financial background
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Applicants are initially shortlisted based on their academic performance, generally requiring at least 75% marks or an equivalent 7.0/7.5 CGPA in their previous academic year
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A relaxation of 10% (to 65% or 6.3 CGPA) is provided for Scheduled Caste (SC) and Scheduled Tribe (ST) students, and 60% for Persons with Benchmark Disabilities (PwBD)
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After initial shortlisting, telephonic interviews are conducted with eligible candidates, followed by a thorough document verification process
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The scholarship also emphasizes inclusivity, with 50% of the slots reserved for female candidates and 50% for SC/ST students (split as 25% for SC and 25% for ST).
Renewal Policy
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The scholarship is renewable annually for the entire duration of the course, subject to the student maintaining satisfactory academic performance and fulfilling the minimum eligibility criteria each year
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Scholarship renewal is not automatic and requires continued eligibility and verification.
How to Apply Online
Applications are submitted online via Online. Complete eKYC, upload scanned documents, and submit before the closing date.
- 1Visit the Official Scholarship Portal
Go to the official SBI Platinum Jubilee Asha Scholarship website, typically `www.sbiashascholarship.co.in`.
- 2Register/Log In
Click on the 'Apply Now' button. This often redirects you to a partner portal like Buddy4Study or MyBharat. If you are a new user, register by providing your email, mobile number, or Google account details. Existing users can log in with their credentials.
- 3Select Scholarship Category
Once logged in, choose the appropriate scholarship category that matches your educational level (e.g., School, Undergraduate, Postgraduate, IIT, IIM, Medical, or Overseas Studies).
- 4Fill the Application Form
Complete the online application form accurately with all required personal, academic, family income, and other relevant details.
- 5Upload Documents
Upload clear and valid copies of all necessary supporting documents in PDF format. This typically includes previous academic mark sheets, income proof, identity/address proof (Aadhaar Card), proof of admission/bonafide certificate, institution proof (NIRF ranking/NAAC grade), bank passbook details, and caste certificate (if applicable).
- 6Review and Submit
Accept the terms and conditions, then carefully review all the information entered in the application preview. Ensure all details are correct before clicking the 'Submit' button.
- 7Track Application Status
After submission, you can usually track the status of your application by logging into your registered account on the application portal.
Common Questions (FAQs)
What are the minimum marks and family income required to be eligible for the scholarship?
Applicants generally need to have secured at least 75% marks or a 7.0/7.5 CGPA in their previous academic year. There is a relaxation of 10% for SC/ST students (65% or 6.3 CGPA) and 60% for PwBD students. The gross annual family income should not exceed ₹3 lakh for school students (Classes 9-12) and ₹6 lakh for all other categories, including undergraduate, postgraduate, medical, IIT, IIM, and overseas studies.
How is the scholarship amount disbursed, and what expenses does it cover?
The scholarship amount, which varies depending on the course and educational level, is directly transferred to the beneficiary's SBI bank account. The funds are intended to help cover various education-related expenses, including tuition fees, accommodation, books, examination fees, and the cost of educational equipment.
Are there any reservations or special considerations for certain student categories?
Yes, the SBI Platinum Jubilee Asha Scholarship has a strong focus on inclusivity. 50% of the scholarship slots are reserved for female candidates. Additionally, 50% of the slots are reserved for Scheduled Caste (SC) and Scheduled Tribe (ST) students, split as 25% for SC and 25% for ST. There are also academic relaxations for SC/ST and PwBD students.
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IndiaScholarships.in attempts to provide accurate information manually curated from official sources. Scholarship details, timelines, and eligibility can change without notice as per the provider's discretion. Applying for a scholarship does not guarantee selection. Always verify all information on the official SBI Foundation website before final submission.