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SBI Platinum Jubilee Asha Scholarship

SBI Foundation
Amount
₹15,000 – ₹2,00,000
Deadline
04 Sept 2026
Closed
Applications close
04 Sept 2026
11:59 PM IST
Level
Class 9-12UndergraduatePostgraduate
Scheme type
CSR scheme
Coverage
All India
Study levels
Class 9-12 · Undergraduate · Postgraduate
Listing
Source verified

Overview

The SBI Platinum Jubilee Asha Scholarship, run by SBI Foundation, supports students from Class 9 through postgraduate, professional (MBBS, IIT, IIM) and overseas courses with annual, merit-cum-means-based financial assistance.

Selection Process: Selection involves merit and financial-background screening, a telephonic interview, and document verification; 25% of seats are reserved for SC students and 25% for ST students, with the remaining seats open to all eligible applicants.

Amount & Benefits

₹15,000 to ₹20,00,000 per year depending on course level (e.g. ₹75,000 for UG, ₹1,00,000 for PG, ₹1,50,000 for Medical, ₹2,00,000 for IIT, ₹3,00,000 for IIM)
Paid annually until course completion via Direct Benefit Transfer to an Aadhaar-seeded bank account

Eligibility

Applicants must: Be Indian nationals studying from Class 9 onwards, undergraduate, postgraduate, or professional/overseas courses; Have secured at least 75% marks or 7 CGPA in the last qualifying exam (10% relaxation for SC/ST, 15% for PwBD); Have annual family income not exceeding ₹6,00,000; Hold or open an SBI bank account before applying.

Class 9-12 Undergraduate Postgraduate Income ≤ ₹6,00,000/yr CSR MERIT-CUM-MEANS

Required documents

Aadhaar Card
Current year fee receipt
Bank account details (SBI)
Income proof (Form 16A/income certificate/salary slips)
Admission proof
Recent photograph
Caste certificate (if applicable)

Application process

  1. 1
    Login/Register on Scholar4Study
  2. 2
    Search and select the scholarship scheme for your course level
  3. 3
    Fill the SBI Platinum Jubilee Asha Scholarship application form
  4. 4
    Upload required documents
  5. 5
    Submit before the deadline
  6. 6
    Telephonic interview and document verification for shortlisted applicants

Selection process

  1. 1
    Application submitted
    Your form is filed on the official portal.
  2. 2
    Institute verification
    Your college confirms enrolment and documents.
  3. 3
    State verification
    The state department reviews and approves.
  4. 4
    Scholarship approval
    The sanctioning authority clears the award.
  5. 5
    Fund transfer
    The amount is credited to your bank account.

Indicative timeline

Applications open
05 Aug 2026
Portal opens for the cycle
Applications close
04 Sept 2026
Last date to apply
Verification window
19 Sept 2026
Institute & state review
Scholarship release
19 Oct 2026
Funds disbursed to students

Indicative only — the official schedule is set by SBI Foundation.