SBI Platinum Jubilee Asha Scholarship for Undergraduate Students 2026-27 – Full Details

The SBI Platinum Jubilee Asha Scholarship for Undergraduate Students 2026-27 is an educational support initiative offered by the SBI Foundation, the Corporate Social Responsibility (CSR) arm of the State Bank of India. The scholarship is designed to support meritorious undergraduate students from economically disadvantaged families who are pursuing eligible full-time degree programmes at recognized institutions in India.

Selected students can receive financial assistance of up to ₹75,000 per year for eligible general undergraduate courses, while eligible undergraduate students studying at IITs can receive up to ₹2,00,000 per year.

💰 Scholarship Benefits

Selected undergraduate students can receive financial assistance based on their course and institution.

• General Undergraduate Courses: Up to ₹75,000 per year.

• IIT Undergraduate Students: Up to ₹2,00,000 per year.

• Eligible Courses: Support may be available for undergraduate programmes such as B.A., B.Sc., B.Com., BBA, B.Tech, and other eligible full-time degree courses.

• Payment Mode: Scholarship assistance is disbursed through Direct Benefit Transfer (DBT) into 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:

• Nationality: Must be an Indian citizen.

• Course: Must be pursuing an eligible full-time undergraduate degree programme.

• Eligible Courses: Programmes may include B.A., B.Sc., B.Com., BBA, B.Tech, and other eligible undergraduate degree courses.

• Course Restriction: Diploma programmes are not eligible under the undergraduate category.

• Institution: The applicant's college or university must satisfy the applicable institutional recognition requirement, such as:

  • NAAC Grade A or above, or

  • Placement within the Top 300 institutions in the Overall Category of the NIRF rankings.

• Academic Performance: Must have secured at least 75% marks or 7.5 CGPA in the previous academic year or applicable qualifying examination.

• SC/ST Relaxation: Eligible SC/ST students may receive an academic relaxation to 65% marks or 6.5 CGPA.

• PwBD Relaxation: Eligible Persons with Benchmark Disabilities (PwBD) may receive relaxation up to 60% marks, subject to the programme conditions.

• Family Income: Gross annual family income from all sources must not exceed ₹6,00,000.

• SBI Bank Account: The applicant must have an active SBI bank account in their own name for scholarship disbursement.

Applicants should verify that both their undergraduate course and institution satisfy the applicable scholarship requirements before applying.

📂 Documents Required

Applicants should keep clear and readable digital copies of the following documents ready:

Academic Records

• Class 12 or Higher Secondary marksheet.

• Previous academic year's college semester or year marksheets, where applicable.

Identity Proof

• Aadhaar Card or another valid government-issued identity document.

College Enrollment Proof

Applicants may provide:

• Current academic-year admission letter.

• College Bonafide Certificate.

• Valid institution-issued student ID card.

College Fee Proof

• Current academic session college fee receipt.

Income Proof

• Official family income certificate issued by a competent government authority, such as a Tehsildar or Revenue Officer.

Bank Details

• Student's SBI bank passbook, or

• Cancelled cheque linked to the student's SBI account.

Category or Disability Certificate

Where applicable:

• SC/ST caste certificate.

• PwBD or disability certificate.

Photograph

• Recent passport-size photograph.

Applicants should make sure that all documents are valid, clear, and consistent with the details entered in the application form.

💻 How to Apply

The application process for the SBI Platinum Jubilee Asha Scholarship for Undergraduate Students 2026-27 is conducted online.

1. Visit the official SBI Asha Scholarship application portal or the applicable authorized scholarship platform.

2. Click on Apply Now.

3. Register for an account or log in using your existing credentials.

4. Complete the application form with accurate personal, academic, college, income, and bank details.

5. Upload the required documents in the appropriate sections.

6. Carefully review the complete application and verify all information.

7. Accept the applicable declarations and Terms & Conditions.

8. Submit the application online.

9. Save the application acknowledgement or reference number for future use.

The application process is free of cost.

🗓️ Important Date

• Application Deadline: 4 September 2026

• Application Mode: Online

• Application Fee: No fee

Applicants are advised to complete the application and document upload process before the deadline.

🔍 Selection Process

The selection process for the scholarship may involve multiple stages:

1. Initial Shortlisting: Applications are screened using factors such as academic performance, financial need, and applicable category criteria.

2. Category Consideration: Eligible applications may be considered under the programme's applicable reservation and preference provisions.

3. Telephonic Interview: Shortlisted candidates may be contacted for a brief telephonic interview for verification and assessment.

4. Document Verification: Academic, income, identity, enrollment, and bank documents may be verified.

5. Final Selection: Eligible students who successfully complete the verification process are considered for the final scholarship award.

6. Disbursal: Approved scholarship funds are transferred through Direct Benefit Transfer (DBT) to the eligible student's SBI account.

📌 Important Points to Remember

• The scholarship is for eligible full-time undergraduate degree students.

• Diploma programmes are not eligible under this undergraduate category.

• General eligible undergraduate students can receive up to ₹75,000 per year.

• Eligible undergraduate students studying at IITs can receive up to ₹2 lakh per year.

• The general academic requirement is 75% marks or 7.5 CGPA.

• Eligible SC/ST students may qualify with 65% marks or 6.5 CGPA.

• Eligible PwBD students may receive relaxation up to 60% marks.

• Annual family income must not exceed ₹6 lakh.

• The institution must satisfy the applicable NAAC or NIRF recognition/ranking requirement.

• The student must have an active SBI bank account in their own name.

• Keep Class 12 and latest college marksheets ready.

• Keep your current admission proof and college fee receipt available.

• Make sure your income certificate is valid and issued by an authorized authority.

• Upload the relevant SC/ST or PwBD certificate when claiming applicable benefits.

• Verify your SBI bank account details carefully before submitting the application.

• The application process is completely free.

• Complete the 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 Undergraduate Students 2026-27 provides financial assistance to deserving undergraduate students from economically disadvantaged families, including higher support for eligible students studying at IITs. Students who meet the academic, income, institution, course, and banking requirements should prepare their documents and submit their applications before the 4 September 2026 deadline.