In a major boost for students from economically weaker backgrounds, the State Bank of India (SBI) Foundation has invited applications for the Platinum Jubilee Asha Scholarship (SBI Platinum Jubilee Asha 2025-26). The program offers significant annual financial assistance, ranging from ₹15,000 to ₹20,00,000, to meritorious students studying from Class 9 up to the postgraduate level (including PhD).
This year, the Foundation plans to select a total of 23,230 deserving students. The deadline for online submission of applications is November 15.
Eligibility and Key Criteria
The scholarship aims to support Indian nationals across various academic levels:
- School Students: Classes 9 to 12.
- Higher Education: Undergraduates, Postgraduates, and Medical students.
- Professional Courses: Scholars at IITs and IIMs.
- Study Abroad: Financial aid is available for SC/ST candidates only pursuing Master’s or higher education at top global universities. (Diploma students are ineligible).
| Criterion | Requirement |
| Academic Score | Minimum 75% marks in the previous annual exam (65% for SC/ST categories). |
| Family Income Limit | Up to ₹3 Lakh per annum for school students; up to ₹6 Lakh per annum for all other levels. |
| Institutional Ranking | UG/PG courses must be pursued at institutions ranked within the top 300 NIRF (in India) or top 200 QS/Times Higher Education (for international studies). |
| Reservation | 50% of the total scholarships are reserved for girls, and 25% for SC/ST categories. |
Scholarship Amount Details (Annual)
| Study Level | Scholarship Amount (in ₹) |
| Classes 9–12 | 15,000 |
| Undergraduate | Up to 75,000 |
| Postgraduate | Up to 2.5 Lakh |
| Medical Degree | 4.5 Lakh |
| IIT (UG) | Up to 2 Lakh |
| IIM (MBA/PGDM) | Up to 5 Lakh |
| Study Abroad (SC/ST only) | Up to 20 Lakh |
How to Apply
Interested students must apply online via the official portal www.sbiashascholarship.co.in. The selection process involves initial screening based on academic merit and financial need, followed by document verification and a telephone interview.
Note: The support is continuous and provided in subsequent years until the completion of the program, subject to continued merit.
