SBI Asha Scholarship is an initiative by the State Bank of India Foundation to provide financial assistance for meritorious students from low-income families. Students are selected for the scholarship based on the marks they achieved in the qualifying examination.
About the Program
SBIF Asha Scholarship Program 2023 is an initiative of the SBI Foundation under its education vertical – Integrated Learning Mission (ILM), to provide financial assistance to meritorious students from low-income families across India to ensure continuity of their education. Under this scholarship program, college students pursuing first year of undergraduate studies from top NIRF universities/colleges and IITs, MBA/PGDM from IIMs, and PhD from premier institutions are entitled to receive a scholarship of up to INR 5 lakh for 1 year. Buddy4Study is the implementation partner for this scholarship program.
SBI Foundation is the CSR arm of the State Bank of India. True to its tradition of service beyond banking, the Foundation currently works in over 28 States and Union Territories of India on Rural Development, Healthcare, Education, Livelihood & Entrepreneurship, Youth Empowerment, Promotion of Sports, and more to contribute to the socio-economic development and the betterment of the underprivileged sections of the society. SBI Foundation believes in reflecting the ethos of the SBI group, in running interventions that are ethical, promote growth and equality, and create a positive impact on society.
www.sbifoundation.in.
| Scholarship Name | SBI Asha Scholarship program |
| Scholarship Sponsor | SBI Foundation |
| Eligible for classes | Class 6 to 12 |
| Financial benefit | INR 15,000 for one year |
The Applicant must check the eligibility criteria for the SBI Asha scholarship before applying. The eligibility criteria are mentioned below:
1. Applicants should be in 6 to 12 classes.
2. The minimum mark must be 75% of the previous year.
3. The annual income of the student’s family should not be more than 3 lakhs from all sources.
4. Candidates from all over India can apply for the scholarship.
Application Process for SBI Asha Scholarship Program
After checking the eligibility criteria students can follow the below-mentioned steps to apply for the SBI Asha Scholarship:
1. Visit the scholarship website.
2. Read the important instructions carefully and click on ‘Apply Now’.
3. Fill in the details and the online application form will open. Candidates can register using their email id or phone number.
4. SBI Asha Scholarship Program official page will open.
5. Fill in all the required information and upload the required documents.
6. Acknowledge the ‘Terms and Conditions” and preview the application.
7. Cross-check all the information and click on the ‘Submit’ button.
Documents Required for the Scholarship
To apply for the scholarship the required documents are mentioned below:
- Student’s previous academic year’s mark sheet.
- A valid identity proof like a voter ID, Aadhar card, driving license or PAN card.
- Admission proof of current academic year like admission letter, fee receipt, bonafide certificate, and identity card.
- Bank account details of the candidate or parent.
- Income proof which can be Form 16A/ income certificate from government authority/salary slips.
- Applicant’s photograph.
Benefits of the SBI Asha Scholarship
The student selected for this scholarship will be awarded INR 15,000/ for a year.
Details of Scholarship
- SBIF Asha Scholarship for IIT Students 2023
Eligibility
- Students pursuing first-year of their undergraduate studies at top IITs in the academic year 2022-23 are eligible.
- Applicants must have secured a minimum of 75% marks in Class 12 examination.
- The annual family income of the applicants from all sources must not be more than INR 3 Lakh.
- Students from PAN India are eligible to apply.