SBI Platinum Jubilee Asha Scholarship for IIM Students 2026-27 – Full Details
The SBI Platinum Jubilee Asha Scholarship for IIM Students 2026-27 is a specialized scholarship category offered by the SBI Foundation, the Corporate Social Responsibility (CSR) arm of the State Bank of India. The programme is designed to provide substantial financial assistance to meritorious management students from economically disadvantaged families who are pursuing eligible postgraduate management programmes at the Indian Institutes of Management (IIMs).
Selected students can receive financial assistance of up to ₹5,00,000 for one academic year to help reduce the financial burden associated with tuition fees and other eligible educational expenses.
💰 Scholarship Benefits
Selected IIM students can receive substantial financial support for their postgraduate management education.
Scholarship Amount: Up to ₹5,00,000 for one academic year.
Eligible Programmes: Full-time, regular postgraduate management programmes such as MBA and PGDM at eligible IIMs.
Educational Support: The scholarship can help reduce expenses related to tuition fees and other eligible academic costs.
Payment Mode: Scholarship funds are disbursed through Direct Benefit Transfer (DBT) to the student's eligible SBI bank account.
Application Fee: No application fee.
🎓 Eligibility Criteria
Applicants for the 2026-27 academic session must meet the following requirements:
Institution: Must be enrolled in a full-time, regular postgraduate management programme at an Indian Institute of Management (IIM).
Eligible Programmes: Eligible management programmes may include MBA, PGDM, and other applicable full-time postgraduate management courses offered by IIMs.
Academic Performance: Must have secured at least 75% marks or 7.5 CGPA in the previous academic year or applicable qualifying graduation examination.
SC/ST Relaxation: Eligible SC/ST students may receive an academic relaxation to 65% marks.
PwBD Relaxation: Eligible Persons with Benchmark Disabilities (PwBD) may receive relaxation up to 60% marks.
Entrance Examination: Applicant must possess a valid CAT scorecard or applicable admission/rank document from the relevant admission cycle.
Family Income: Gross annual family income from all sources must not exceed ₹6,00,000.
SBI Bank Account: The student must have an active SBI bank account in their own name for scholarship disbursement.
Students studying at non-IIM business schools are not eligible for this specific IIM scholarship category and should check the applicable standard postgraduate scholarship category.
📂 Documents Required
Applicants should keep clear and readable digital copies of the following documents ready:
CAT and Admission Proof
Valid CAT scorecard or applicable IIM selection/admission document.
Current academic-year IIM admission letter or Bonafide Certificate.
Academic Records
Class 10 marksheet.
Class 12 marksheet.
Graduation degree certificate.
Graduation marksheets.
Previous MBA or postgraduate semester marksheets, where applicable.
Identity Proof
Aadhaar Card or another valid government-issued photo ID.
IIM Fee Proof
Current academic session IIM fee receipt, or
Applicable official institute fee structure document.
Income Proof
Official family income certificate issued by a competent government authority, such as a Tehsildar or Revenue Officer.
Bank Details
First page of the student's personal SBI bank passbook, or
Cancelled cheque linked to the student's SBI bank account.
Category or Disability Certificate
Where applicable:
SC/ST caste certificate.
PwBD or disability certificate.
Photographs
Recent passport-size photograph.
Family photograph, where required as part of the application process.
Applicants should ensure that all uploaded documents are clear, valid, and consistent with the information provided in the application.
💻 How to Apply
The application process for the SBI Platinum Jubilee Asha Scholarship for IIM Students 2026-27 is conducted online.
Visit the official SBI Asha Scholarship application portal or applicable authorized scholarship platform.
Click on Apply Now.
Register for a new student account or log in using your existing credentials.
Select the IIM Student scholarship category.
Click on Start Application.
Enter accurate personal, academic, CAT, IIM admission, family income, and SBI bank account details.
Upload all required documents in the appropriate sections.
Carefully review the application using the preview option.
Accept the applicable declarations and verification terms.
Submit the application online.
Save the application acknowledgement or reference number for future use.
The application process is completely free of cost.
🗓️ Important Date
Application Deadline: 4 September 2026
Application Mode: Online
Application Fee: No fee
Applicants should complete the application and document-upload process before the deadline.
🔍 Selection Process
The SBI Platinum Jubilee Asha Scholarship for IIM Students follows a merit-cum-means selection process that may involve several stages:
Initial Screening: Applications are assessed based on academic performance, CAT credentials, family income, and other eligibility requirements.
Category Consideration: Eligible applicants may be considered under the applicable reservation and preference provisions.
Telephonic Interview: Shortlisted applicants may be contacted for a brief telephonic verification interview.
Document Verification: Academic, CAT, IIM admission, income, identity, and bank documents may be verified.
Final Selection: Candidates who successfully complete the required screening and verification stages are considered for the final scholarship.
Disbursal: Approved scholarship funds are transferred through Direct Benefit Transfer (DBT) to the student's SBI bank account.
📌 Important Points to Remember
This specific scholarship category is intended for eligible students studying at IIMs.
Applicants must be enrolled in a full-time, regular postgraduate management programme.
Eligible programmes may include MBA and PGDM.
Students studying at non-IIM business schools are not eligible for this specific IIM category.
The general academic requirement is 75% marks or 7.5 CGPA.
Eligible SC/ST students may qualify with 65% marks.
Eligible PwBD students may receive relaxation up to 60% marks.
A valid CAT scorecard or applicable admission document is required.
Annual family income must not exceed ₹6 lakh.
The student must have an active SBI bank account in their own name.
Selected IIM students can receive up to ₹5 lakh for one academic year.
Keep your CAT scorecard, graduation records, Class 10 and Class 12 marksheets ready.
Keep your IIM admission letter and current fee documents available.
Make sure your income certificate is valid and issued by an authorized authority.
Upload the applicable SC/ST or PwBD certificate when claiming an academic relaxation.
Verify your SBI bank account details carefully before submitting the application.
The application process is completely free.
Complete the online application before 4 September 2026.
🔗 Official Application Portal
Eligible students can apply online through the official SBI Asha Scholarship application platform and applicable authorized scholarship portals.
The SBI Platinum Jubilee Asha Scholarship for IIM Students 2026-27 provides substantial financial assistance to deserving management students from economically disadvantaged families pursuing postgraduate education at IIMs. Students who meet the academic, CAT, income, institution, and banking requirements should prepare their documents and submit their applications before the 4 September 2026 deadline.
Post a Comment