SBI Platinum Jubilee Asha Scholarship : Eligibility, Amount, Renewal Process and Online Apply Details

SBI Scholarship: Everything You Need to Know About State Bank of India Scholarships

The State Bank of India, the largest public sector bank in India, runs multiple scholarship programs to support academically bright students from financially weaker backgrounds. Every year, nearly 23,230 students receive financial aid through these initiatives, with the bank allocating around Rs 90 crore annually for education support.

SBI Commitment to Social Responsibility

Andhra Jyothi, Dec 22: The State Bank of India actively demonstrates its commitment to social welfare by offering scholarships to deserving students, providing skill training to rural youth, assisting persons with disabilities, and adopting villages. Through these initiatives, SBI continues to contribute significantly to national development.

SBI Platinum Jubilee Asha Scholarship Program

One of SBI’s flagship education initiatives is the SBI Platinum Jubilee Asha Scholarship, also known as the SBI Asha Scholarship Program. This scheme is designed to help talented students from economically disadvantaged families continue their education. The program is administered by the SBI Foundation.

The scholarship supports students across India by covering education costs for thousands of beneficiaries. Around Rs 90 crore is distributed each year to approximately 23,230 students under this program.

Scholarship Duration and Renewal

The SBI Platinum Jubilee Asha Scholarship is awarded on a yearly basis and is not a one-time grant. Eligible students can renew the scholarship every year until they complete their course, provided they continue to meet the required criteria such as minimum academic performance and family income limits.

Scholarship Amount Details

• School Students (Class 9 to 12):

Rs 15,000 up to Rs 50,000 per year

• Undergraduate Students (UG):

Up to Rs 75,000 per year

• Postgraduate, IIT, IIM, and Overseas Studies:

Up to Rs 20 lakh, depending on course fees

Eligibility Criteria

Applicant must be an Indian citizen

Annual family income should generally fall between Rs 3 lakh and Rs 8 lakh, depending on the specific scheme

Student must have scored 75 percent or above or 7 CGPA in the previous examination

Applicable Courses

• Class 9 to 12
• Undergraduate (UG)
• Postgraduate (PG)
• Medical courses
• IIT and IIM programs
• Overseas education

Reservation Benefits

• Reserved categories such as SC/ST students and girls receive preference in some schemes
• Up to 50 percent reservation applies in select categories
• Additional Requirements
• An SBI bank account is mandatory for certain scholarship plans
• Application Process
• Applications are accepted online only

Official portals:

• https://www.sbiashascholarship.co.in/
• https://sbifoundation.in/
• Buddy4Study portal
• Applicants must upload the following documents during submission:
• Academic mark sheets
• Income certificate
• Aadhaar card
• Bank account details

For complete and updated information, candidates are advised to visit the official websites or contact their nearest SBI branch.