SBI Launches New Scholarship for Financially Disadvantaged Students
Overview of SBI's Scholarship Initiative
The State Bank of India (SBI) has introduced a scholarship program aimed at supporting financially disadvantaged yet deserving students in their educational pursuits. Applications are open until the specified deadline, and the process is straightforward.
As education costs continue to rise, many families find it increasingly difficult to afford school and college fees. While parents aspire for their children to receive quality education, financial constraints often obstruct this goal. In response, SBI has initiated a scholarship scheme to alleviate this burden.
Details of the Platinum Jubilee Asha Scholarship 2025-26
Recognizing the potential of talented students who face financial hurdles, SBI has launched the Platinum Jubilee Asha Scholarship for the academic year 2025-26, commemorating its 75th anniversary. This initiative aims to provide financial support to students from school through higher education.
The scholarship offers financial assistance ranging from ₹15,000 to ₹2,000,000, depending on the educational level of the applicants. This funding is available for students enrolled in schools, colleges, professional courses, or those studying abroad, including prestigious institutions like IITs and IIMs.
Eligibility Criteria for Applicants
To qualify for this scholarship, specific eligibility criteria must be met. For school students, the annual family income should not exceed ₹300,000, while for those in college or pursuing higher education, the limit is set at ₹600,000. Additionally, students from reserved categories are granted a 10% relaxation in marks, and 50% of the scholarships are reserved for female applicants.
Application Process and Required Documents
Students interested in applying for this scholarship must submit their applications by November 15, 2025. Late submissions will not be considered, making it crucial to understand the eligibility criteria and prepare the necessary documents in advance.
When completing the application form, students are required to upload several documents, including previous exam mark sheets, identity proof, income certificates, fee receipts, bank account information, passport-sized photographs, and caste certificates. Applications lacking these documents will be rejected.
How to Apply for the SBI Asha Scholarship
To apply, students should visit the official SBI Asha Scholarship website. They need to click on "Apply Now" and register using their mobile number or email address. After registration, they can fill out the application form, upload the required documents, and agree to the terms and conditions. Once the application is submitted, a confirmation will be sent via email or SMS.