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With budget outlay of Rs 100 crore,
the Programme will provide annual scholarships ranging from ₹15,000 to ₹15 lakh
for students from economically disadvantaged families
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"The SBI Platinum Jubilee Asha
Scholarship embodies SBI's enduring commitment to nation-building by investing
in India's greatest strength – its young talent." – Shri Challa
Sreenivasulu Setty, Chairman, State Bank of India
Mumbai: SBI
Foundation, the CSR arm of the State Bank of India, has announced the launch of
the SBI Platinum Jubilee Asha Scholarship 2026 - one of India's largest
corporate scholarship programmes. The initiative reaffirms the SBI Group's
commitment to expanding equitable access to quality education and empowering
India's next generation of leaders, innovators, and nation-builders.
Instituted in
2022 as part of the State Bank of India's Platinum Jubilee celebrations, the
SBI Platinum Jubilee Asha Scholarship has emerged as one of India's largest
corporate scholarship programmes. In its 2026 edition, the programme will
support 25,707 meritorious students from economically disadvantaged
families across the country, helping them pursue academic excellence and
realise their aspirations without financial barriers.
The
scholarship programme offers annual financial assistance ranging from ₹15,000
to ₹15,00,000, depending on the category, and provides support throughout
the duration of the selected course, subject to fulfilment of the prescribed
renewal criteria.
The SBI
Platinum Jubilee Asha Scholarship 2026 supports students across multiple
academic pathways, including:
- School students (Classes 9–12)
- Undergraduate and postgraduate students studying
at NIRF Top 300 or NAAC A-rated institutions
- Medical (MBBS) students
- Students enrolled at IITs and IIMs
- Students pursuing master's programmes abroad at
universities ranked among the Top 200 in the QS World University Rankings
Speaking on
the launch of the scholarship programme, Shri Challa Sreenivasulu Setty,
Chairman, State Bank of India, said, "The SBI Platinum Jubilee Asha
Scholarship embodies SBI's enduring commitment to nation-building by investing
in India's greatest strength – its young talent. We believe every deserving
student should get an equal opportunity to pursue quality education and realise
their aspirations, irrespective of financial circumstances. By expanding access
to quality education across diverse academic pathways, we are nurturing the
next generation of leaders, innovators and professionals who will drive India's
growth and global competitiveness. Through this initiative, we aim to empower over
25000 scholars to become the torchbearers of progress and contribute
meaningfully towards the vision of Viksit Bharat by 2047."
The
initiative is a flagship education intervention under SBI Foundation's broader
mission of creating sustainable social impact through investments in education,
healthcare, livelihood generation, environmental sustainability and community
development. This programme is co-funded by other SBI Group entities – SBI
General Insurance, SBI Life, SBI Securities, SBI Pension Fund, SBI Ventures,
SBI Trustee, and SBI Operations Support, as well.
The SBI
Platinum Jubilee Asha Scholarship reflects the State Bank of India's
long-standing belief that education remains one of the most powerful enablers
of social mobility and national progress. Through sustained investments in
education and youth development, the Bank continues to strengthen pathways for
talented students to unlock their full potential and contribute to India's
development journey.
Applications
for the SBI Platinum Jubilee Asha Scholarship 2026 will remain open from
July 22, 2026, to September 4, 2026.
Eligible students can apply through the official scholarship portal at
www.sbiashascholarship.co.in, where detailed eligibility criteria,
scholarship categories, benefits and application guidelines are available.