What if your academic performance could unlock up to ₹15 lakh in financial support?
The SBI Platinum Jubilee Asha Scholarship 2026–27 supports meritorious students from lower-income families across India — from Class 9 through postgraduate and selected professional and overseas programmes.
Quick Facts
- Opportunity Type: Merit-cum-Means Scholarship
- Provider: SBI Foundation
- Nationality: Indian citizens
- Study Levels: Class 9–12, UG, PG and selected professional programmes
- Overseas Category: Selected higher-education program outside India
- Admission Required: Yes — applicants must already be enrolled/admitted to an eligible institution or program at the time of application. An offer to study in the future may not be enough.
- Award: ₹15,000 to ₹15 lakh, depending on category
- Application Fee: Free
- Deadline: September 19, 2026
- Academic Requirement: Generally 75% or equivalent, with category-specific relaxations
- Family Income: Up to ₹3 lakh for school students and up to ₹6 lakh for other categories
- Age: No explicit age limit
How Much Can You Get?
The scholarship amount depends on what you’re studying:
| Category | Maximum Support |
|---|---|
| Classes 9–12 | ₹15,000/year |
| Undergraduate at eligible top-ranked institutions | ₹75,000/year |
| Postgraduate | ₹1.5 lakh/year |
| MBBS | ₹2 lakh/year |
| IIT students | ₹2 lakh/year |
| IIM MBA/PGDM | ₹5 lakh/year |
| Eligible overseas studies | ₹15 lakh/year |
Important: ₹15 lakh is the maximum award for the eligible overseas category, not the standard amount for every scholar.
Who Can Apply?
The scholarship covers several different student categories, so your eligibility depends on the programme you’re pursuing.
You generally need to:
- Be an Indian citizen
- Be studying in an eligible academic programme
- Meet the required academic-performance threshold
- Meet the applicable family-income limit
- Provide valid academic, income and admission documents
For the broader scholarship categories, the reported academic requirement is 75% or equivalent, with lower thresholds for certain reserved categories.
Who Is It For?
Eligible categories include students studying in:
- Classes 9–12
- Undergraduate programs
- Postgraduate programs
- MBBS and other specified professional programs
- Eligible IIT programs
- MBA/PGDM programs at eligible IIMs
- Selected postgraduate programs overseas
The overseas category has additional eligibility conditions, including specific institution/ranking and category requirements. Don’t assume that every Indian student planning to study abroad qualifies. Previous SBI Asha overseas criteria, for example, have specifically restricted that category to SC/ST students pursuing master’s or higher studies at qualifying overseas institutions.
Family Income Limits
The scholarship is designed specifically for students from lower-income families.
- Class 9–12: Family income up to ₹3 lakh/year
- UG, PG and professional categories: Family income up to ₹6 lakh/year
Documents You May Need
Applicants should be prepared to provide documents such as:
- Previous academic marksheets
- Income certificate/proof
- Government ID
- Admission or fee documents
- Bank account/passbook details
- Category certificate, where applicable
Don’t Miss the Next Hidden Gem
₹15 lakh scholarships are rare — and the biggest mistake is finding one after the deadline has passed.
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