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SBI Asha Scholarship 2026-27: Students get scholarships up to ₹20 lakh, know eligibility, documents and apply online

If you’re a good academic student but your financial situation is making further education difficult, this scholarship from the SBI Foundation could be very helpful. The SBI Foundation, the CSR arm of the State Bank of India, launched the SBI Asha Scholarship 2026-27 to mark its 70th anniversary (Platinum Jubilee).

This scholarship is available to all types of students, from Class 9 students to those studying at IIT, IIM, medical, and abroad. The special thing is that there’s no cost involved in applying, the entire process is done online, and the money is deposited directly into the student’s bank account.

SBI Foundation and the idea behind this scholarship

SBI Foundation is the Corporate Social Responsibility (CSR) arm of the country’s largest bank, State Bank of India. Its mission is to support vulnerable sections of society in areas such as education, health, livelihoods, and the environment. To mark the bank’s Platinum Jubilee, commemorating its 70-year journey, SBI Foundation has launched the Asha Scholarship on a larger scale.

The idea behind this scheme is simple—millions of students in India possess the talent and drive to work hard, but their financial situation prevents them from pursuing a quality education. The SBI Asha Scholarship seeks to bridge this gap, ensuring that a student’s future isn’t hampered by financial constraints.

Is this a scholarship?

Simply put, this is a financial aid provided by the SBI Foundation to students who excel academically but are financially challenged. There are seven different categories—School, Undergraduate, Postgraduate, Medical, IIT, IIM, and Overseas Study. Each category has its own requirements and a different amount.

1. School Students (Class 9-12)

This category is for those children who are currently studying in school, from class 9 to 12.

Scholarship Amount: ₹15,000 per year
Must have a minimum of 7.5 CGPA or 75% marks in the previous academic year. This limit is 65% for SC/ST students and 60% for PwBD (Divyang) students .
The annual household income should be ₹3,00,000 (3 lakh) or less .

2. Undergraduate Students (UG)

If you are doing graduation and studying in a good college, then this category is for you.

Scholarship Amount: ₹75,000 per year
At least 7.5 CGPA or 75% marks (65% for SC/ST, 60% for PwBD) in the previous academic year.
The annual household income should be ₹6,00,000 (6 lakh) or less .
You should be studying in a Top 300 NIRF ranking institution or a college with NAAC ‘A’ or above grade.

3. Postgraduate Students (PG)

This category is for students pursuing Masters.

Scholarship Amount: ₹1,50,000 per year
At least 7.5 CGPA or 75% marks (65% for SC/ST, 60% for PwBD) in the previous academic year.
The annual household income should be ₹6,00,000 or less .
You should be studying in a Top 300 NIRF or NAAC ‘A’ graded institution.

4. Medical Students (MBBS)

A special category has been created for students pursuing MBBS.

Scholarship Amount: ₹2,00,000 per year
At least 7.5 CGPA or 75% marks (65% for SC/ST, 60% for PwBD) in the previous academic year.
The annual household income should be ₹6,00,000 or less .
You may be doing MBBS in AIIMS or Top 50 NIRF Medical College .
You must have a valid NEET scorecard of current or previous year .

5. IIT Students

This category is for students studying in 23 IITs of the country.

Scholarship Amount: ₹2,00,000 per year
You must be studying in one of the 23 IITs in India.
At least 7.5 CGPA or 75% marks (65% for SC/ST, 60% for PwBD) in the previous academic year.
The annual household income should be ₹6,00,000 or less .
You must have a valid JEE Advanced scorecard of current or previous year .

6. IIM Students

This category has been created for students pursuing MBA in 22 IIMs of the country.

Scholarship Amount: ₹5,00,000 per year
You must be studying in one of the 22 IIMs in India.
At least 7.5 CGPA or 75% marks (65% for SC/ST, 60% for PwBD) in the previous academic year.
The annual household income should be ₹6,00,000 or less .
You must have a valid CAT scorecard of current or previous year .

7. Overseas Study (SC/ST Students)

This is the biggest scholarship for SC/ST students who dream of studying abroad.

Scholarship Amount: Up to ₹15,00,000 per year
This category is especially for SC/ST category students who want to pursue higher education abroad.
Complete information regarding income and academic requirements is given during the application process on the official website, so read it carefully while filling the form.

Category	Amount (per year)	Minimum Marks/CGPA	Family Income Limit
School (Class 9-12)	₹15,000	7.5 CGPA / 75% (SC/ST: 65%, PwBD: 60%)	₹3,00,000
Undergraduate	₹75,000	7.5 CGPA / 75% (SC/ST: 65%, PwBD: 60%)	₹6,00,000
Postgraduate	₹1,50,000	7.5 CGPA / 75% (SC/ST: 65%, PwBD: 60%)	₹6,00,000
Medical (MBBS)	₹2,00,000	7.5 CGPA / 75% (SC/ST: 65%, PwBD: 60%)	₹6,00,000
IIT Students	₹2,00,000	7.5 CGPA / 75% (SC/ST: 65%, PwBD: 60%)	₹6,00,000
IIM Students	₹5,00,000	7.5 CGPA / 75% (SC/ST: 65%, PwBD: 60%)	₹6,00,000
Overseas Study (SC/ST)	Up to ₹15,00,000	See details on the website	See details on the website

Documents required to apply

You may be asked for the following when filling out the form, so be prepared:

Previous marksheet (to show CGPA or percentage)
Family income certificate
College/School का admission proof या ID card
Bank account details (for money transfer)
NEET, JEE Advanced or CAT scorecard, if applicable
Proof of SC/ST/PwBD category (if applicable)

How to apply

First go to the website and create your account.
Then fill the required details in your profile.
Select the category that applies to you – like School, UG, PG, Medical, IIT, IIM or Overseas.
Fill the online form carefully, do not fill any detail incorrectly.
Upload the documents mentioned above.
Check everything once and then submit it.

Keep in mind that JavaScript must be enabled in your browser to open the website, otherwise the application form will not open.

Why this scholarship is good

There is no cost to apply, it is absolutely free.
Everything happens online, no need to go anywhere.
The money comes directly into the bank account, no middleman.
From Class 9 to IIT, IIM, Medical and studying abroad – there is a category for every student.
SC/ST and PwBD students are exempted from the marks requirement.
SC/ST students can get a huge amount of up to ₹15 lakh in the Overseas Study category.

What to keep in mind

Different categories have different conditions, so read the complete details of your category carefully before filling the form.
Income certificate and marksheet should be correct and updated, otherwise the application may get rejected.
Make sure to keep your scorecard ready in the categories of JEE Advanced, NEET or CAT scorecard.
The scanned copy of every document should be clear and readable.

(FAQs)

Is this scholarship really free? Yes, absolutely. There’s no registration or processing fee to apply for the SBI Asha Scholarship. If any website or individual asks for money, it’s a fraud.
Can a student apply in two categories? Generally, students are required to apply in the category corresponding to their current education level. For example, if you are currently in UG, you would apply in the Undergraduate category, not the School category.
What if I don’t have a scorecard? JEE Advanced, CAT, and NEET scorecards are mandatory for IIT, IIM, and Medical categories. Without a scorecard, you won’t be able to apply for that category. For other categories (School, UG, and PG), the eligibility criteria for income and marks are met only through a marksheet.
When does the scholarship money arrive? After the application is approved and all documents are verified, the funds are transferred directly to your bank account. The exact time is announced on the official website, so check the status on the portal regularly.
Do I have to reapply every year? Many scholarship schemes offer renewal options, meaning you can continue the scholarship the following year if you meet the requirements. To learn the exact process, read the renewal information on the official website or portal.
Will this scholarship prevent me from applying for other scholarships? Each scholarship scheme typically has its own requirements. Some scholarships stipulate that you cannot receive two scholarships at the same time. Therefore, if you are already receiving other government or private scholarships, be sure to read the official rules to avoid confusion later.
What does PwBD mean? PwBD stands for “Persons with Benchmark Disabilities,” meaning students with disabilities. Students in this category are given a special relaxation (60%) in the marks requirement to ensure they have an equal opportunity.

Things to keep in mind while filling the application

Many students make small mistakes while filling out the form, which can lead to their application being rejected. Therefore, pay special attention to the following points:

Fill in the form with the same name and details as those mentioned in your official documents (marksheet, Aadhar card). Make sure there are no spelling mistakes.
While filling the bank account details, double check the account number and IFSC code, because the money will come here.
The income certificate should not be too old, keep it updated.
While uploading documents, keep the file size and format (like PDF or JPEG) as per the requirement of the website.
Before submitting the form, please check the “Preview” so that no mistake is left.
Apply before the last date, as there may be problems due to heavy traffic on the server on the last day.

Some Important Link

SBI Asha Scholarship Official Website	Click Here
Apply Online	Apply Now
Eligibility Details	Check Eligibility
Documents Details	View Documents
Official Help & Support	Get Help

Table of Contents

Stock Market Earning : Trading Income ₹50,000, Earn Money From Stock Market & Credit Card 100,000 Rs./- SIP Investment Earning

SBI Asha Scholarship 2026-27: Students get scholarships up to ₹20 lakh, know eligibility, documents and apply online

SBI Foundation and the idea behind this scholarship

Is this a scholarship?

1. School Students (Class 9-12)

2. Undergraduate Students (UG)

3. Postgraduate Students (PG)

4. Medical Students (MBBS)

5. IIT Students

6. IIM Students

7. Overseas Study (SC/ST Students)

Documents required to apply

How to apply

Why this scholarship is good

What to keep in mind

(FAQs)

Things to keep in mind while filling the application

Some Important Link

Leave a Comment Cancel Reply

Stock Market Earning : Trading Income ₹50,000, Earn Money From Stock Market & Credit Card 100,000 Rs./- SIP Investment Earning

SBI Asha Scholarship 2026-27: Students get scholarships up to ₹20 lakh, know eligibility, documents and apply online

SBI Foundation and the idea behind this scholarship

Is this a scholarship?

1. School Students (Class 9-12)

2. Undergraduate Students (UG)

3. Postgraduate Students (PG)

4. Medical Students (MBBS)

5. IIT Students

6. IIM Students

7. Overseas Study (SC/ST Students)

Documents required to apply

How to apply

Why this scholarship is good

What to keep in mind

(FAQs)

Things to keep in mind while filling the application

Some Important Link

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Leave a Comment Cancel Reply