Students struggling with the cost of education may have an opportunity to receive significant financial support under the SBI Platinum Jubilee Asha Scholarship 2026-27. The programme covers students across several stages of education, ranging from Classes 9 to 12 to undergraduate and postgraduate courses, medical and management education, IITs, and even studies at selected universities abroad.
The scholarship initiative, offered by SBI Foundation, is aimed at academically capable students who face financial constraints. Depending on the education category, eligible students can receive annual assistance ranging from ₹15,000 to as much as ₹15 lakh.
According to the information provided for the 2026-27 programme, the application process is online and free of charge. The deadline for submitting applications has been extended to September 19, 2026.
Students planning to apply should carefully check the eligibility requirements for their respective category before completing the form.
How Much Financial Assistance Can Students Receive?
The scholarship amount is not the same for every applicant. Financial assistance varies according to the student's current level and type of education.
Students studying in Classes 9 to 12 can receive ₹15,000 per year. Undergraduate students may receive assistance of up to ₹75,000, while postgraduate students can qualify for support of up to ₹1.5 lakh.
For professional courses, the amount is higher. Eligible MBBS and IIT students can receive up to ₹2 lakh, while students studying at IIMs can receive assistance of up to ₹5 lakh.
The highest scholarship amount is available under the overseas education category, where eligible Indian students studying abroad may receive up to ₹15 lakh.
SBI Asha Scholarship 2026-27: Amount by Category
| Student Category | Scholarship Amount |
|---|---|
| Classes 9 to 12 | ₹15,000 per year |
| Undergraduate | Up to ₹75,000 |
| Postgraduate | Up to ₹1.5 lakh |
| MBBS | Up to ₹2 lakh |
| IIT | Up to ₹2 lakh |
| IIM | Up to ₹5 lakh |
| Overseas Education | Up to ₹15 lakh |
Applicants should note that receiving the maximum amount is subject to the programme's eligibility, selection and verification requirements.
Eligibility for Students in Classes 9 to 12
School students applying under the programme must meet both academic and family-income requirements.
Applicants from Classes 9 to 12 are required to have scored at least 75% marks or a 7.5 CGPA in their previous class.
Different minimum academic thresholds apply to certain categories. The requirement is 65% for SC/ST students and 60% for students with disabilities (PwBD).
The annual family income of school-level applicants should not exceed ₹3 lakh.
Rules for Undergraduate and Postgraduate Students
Students enrolled in undergraduate or postgraduate programmes also have specific eligibility conditions.
For undergraduate applicants, the annual family income limit is ₹6 lakh. The college or institution should either feature among the top 300 institutions in the NIRF overall ranking or hold an NAAC 'A' grade.
Applicants should therefore check both their personal eligibility and the status of their institution before submitting the application.
Who Can Apply Under the MBBS Category?
Medical students must be studying at AIIMS or at a medical college ranked among the top 50 under the relevant NIRF ranking criteria.
Applicants in the MBBS category are also required to have a valid NEET scorecard.
The scholarship can provide eligible medical students with financial support of up to ₹2 lakh.
Eligibility Requirements for IIT Students
Students studying at one of India's 23 Indian Institutes of Technology can apply under the IIT category, subject to the programme's conditions.
A valid JEE Advanced scorecard is required. Eligible IIT students may receive financial assistance of up to ₹2 lakh.
IIM Students Can Receive Up to ₹5 Lakh
Students pursuing their education at one of the country's 22 Indian Institutes of Management may also be covered.
Applicants are required to have a valid CAT scorecard, while the applicable academic and family-income conditions must also be satisfied.
Selected IIM students can receive assistance of up to ₹5 lakh under the scholarship programme.
Up to ₹15 Lakh for Eligible Students Studying Abroad
The overseas education category offers the highest financial support.
Indian students studying at, or holding an admission offer from, a university ranked among the top 200 in the QS rankings can apply, provided they fulfil the other eligibility conditions.
For this category, annual family income should be below ₹6 lakh.
Applicants are also required to have a valid scorecard from an applicable entrance or admission test such as GRE, GMAT, MCAT, LNAT or LSAT.
Eligible candidates in this category may receive financial support of up to ₹15 lakh.
Documents Needed for the Scholarship Application
Students should keep all necessary documents ready before beginning the application process. Depending on the scholarship category, these may include the previous academic marksheet, Aadhaar or another government-issued identity document, income certificate, bank passbook details, admission or bonafide certificate, and fee receipt.
Applicants in professional or overseas education categories may also need the relevant entrance examination scorecard, such as JEE, NEET, CAT, GRE or GMAT.
A caste certificate or disability certificate may also be required where applicable.
How to Apply for SBI Asha Scholarship 2026-27
Eligible students need to visit the official SBI Asha Scholarship portal and create an account. After registration, applicants should select the scholarship category that matches their educational qualification and complete the online form.
The required supporting documents must then be uploaded before the application is finally submitted.
Students should carefully review every detail before clicking the final submission button. According to the programme information, an application cannot be modified or edited once it has been submitted.
What Happens After the Application Is Submitted?
Submitting the online application does not automatically guarantee the scholarship.
Applications will first go through the selection process. Shortlisted candidates may then be contacted for a telephonic interview. Their supporting documents will also be verified before the final selection is made.
Students interested in applying should avoid waiting until the final day. Checking eligibility, preparing certificates and uploading the correct documents in advance can help reduce the risk of errors during submission.
With financial support extending from school education to overseas studies, the SBI Platinum Jubilee Asha Scholarship 2026-27 could provide meaningful assistance to eligible students. Those who meet the prescribed academic and income requirements should review the conditions carefully and complete their application by September 19, 2026.
