The SBIF Asha Scholarship Program 2024, one of India’s largest scholarship programs, is an initiative of the SBI Foundation under its education vertical – Integrated Learning Mission (ILM). This program aims to provide financial assistance to meritorious students from low-income families across India, ensuring the continuity of their education. This scholarship is open to students from Class 6 to 12 and for those who are pursuing undergraduate and postgraduate courses from the top 100 NIRF universities/colleges and IITs or MBA/PGDM courses from IIMs.
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About SBI
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world’s biggest corporations of 2024, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the tenth largest employer in India with nearly 250,000 employees. In 2024, the company’s seat in Forbes Global 2000 was 55.
SBI Scholarships Overview
| Program Name | State Bank of India (SBI) |
| Qualification | 10th /12th/Post Graduates |
| Course Name | SBIF Asha Scholarship Program |
| Application Starting Date | Started |
| Application Ending Date | 01-Oct-2024 |
| Job Location | Across India |
SBI Scholarships Eligibility Criteria
| Students | Undergraduate (Top 100 Institutes) | Postgraduate (Top 100 Institutes) | Undergraduate (IIT) | MBA/PGDM (IIM) | |
| Academic Level | Class 6 to 12 | Undergraduate | Postgraduate | Undergraduate | MBA/PGDM |
| Current Academic Status | Must be studying in the current academic year | Must be pursuing any year | Must be pursuing any year | Must be pursuing any year | Must be pursuing any year |
| Marks in Previous Academic Year | 75% or above | 75% or above | 75% or above | 75% or above | 75% or above |
| Gross Annual Family Income | Up to INR 3,00,000 | Up to INR 6,00,000 | Up to INR 6,00,000 | Up to INR 6,00,000 | Up to INR 6,00,000 |
| Nationality | Indian nationals | Indian nationals | Indian nationals | Indian nationals | Indian nationals |
| Specific Institution Requirement | None | Top 100 Institutes (latest NIRF rankings) | Top 100 Institutes (latest NIRF rankings) | Indian Institutes of Technology (IITs) | Indian Institutes of Management (IIMs) |
SBI Scholarships Benefits
| Scholarship Program | Benefit Amount |
| SBIF Asha Scholarship Program for School Students | INR 15,000 each |
| SBIF Asha Scholarship Program for Undergraduate | Up to INR 50,000 |
| SBIF Asha Scholarship Program for Postgraduate | Up to INR 70,000 |
| SBIF Asha Scholarship Program for IITs | Up to INR 2,00,000 |
| SBIF Asha Scholarship Program for IIMs | Up to INR 7,50,000 |
SBI Scholarships Documents(Required)
- Marksheet from the previous academic year (Class 10/Class 12/Graduation/Postgraduation, as applicable)
- Government-issued identity proof (Aadhaar card)
- Current year fee receipt
- Proof of current year admission (admission letter/institution identity card/bonafide certificate)
- Bank account details of the applicant (or parent)
- Proof of income (Form 16A/income certificate from a government authority/salary slips, etc.)
- Photograph of the applicant
- Caste Certificate (Wherever Applicable)
SBI Scholarships How to Apply ?
- Click the ‘Apply Now’ button below.
- Login to Buddy4Study with your registered ID and land on the ‘Application Form Page’.
- If not registered, register at Buddy4Study with your Email/Mobile number/Google account.
- You will now be redirected to the ‘SBIF Asha Scholarship Program 2024’ application form page.
- Click on the ‘Start Application’ button to begin the application process.
- Fill in the required details in the online application form.
- Upload relevant documents.
- Accept the ‘Terms and Conditions’ and click on ‘Preview’.
- If all the details filled in by the applicant are correctly showing on the preview screen, click on the ‘Submit’ button to complete the application process.
Official Website: Click Here
To apply for this job please visit www.buddy4study.com.