Students Can Now Get ₹50,000 SBI Scholarship – Check How to Apply

SBI Scholarship : In a significant move to empower meritorious students from economically weaker sections, the State Bank of India (SBI) has launched a special scholarship program offering financial support of up to ₹50,000. The initiative is part of the SBI Foundation’s CSR effort aimed at promoting education for deserving candidates across India.

This article provides a complete guide to the SBI Asha Scholarship Program 2025, including eligibility criteria, required documents, application steps, benefits, and deadlines. If you’re a school or college student, this could be a golden opportunity to support your academic journey.

SBI Scholarship : What is the SBI Asha Scholarship Program?

The SBI Asha Scholarship is an initiative under the SBI Foundation’s Integrated Learning Mission. It is designed to offer financial assistance to deserving students who are facing economic hardships but have shown consistent academic excellence.

Key Highlights:

  • Scholarship amount: Up to ₹50,000 per student
  • Target group: Students from Classes 6 to 12 and undergraduate levels
  • Mode of application: Online through official portal
  • Objective: To promote inclusive education and reduce dropouts due to financial constraints

Who is Eligible for the ₹50,000 SBI Scholarship?

Before applying, candidates should carefully review the eligibility criteria. The scholarship is open to students across various academic levels but primarily focuses on underprivileged backgrounds.

Eligibility Criteria:

  • The student must be an Indian citizen.
  • For school-level scholarship: Must be studying in Classes 6 to 12.
  • For undergraduate-level scholarship: Must be enrolled in a recognized college/university.
  • Academic performance: Minimum 75% marks in the previous academic year.
  • Family income: Annual household income should not exceed ₹3,00,000.
  • Preference: Students from economically weaker sections, rural or semi-urban backgrounds.

Benefits of the SBI Asha Scholarship

The primary benefit of this scholarship is the financial support it offers. But more than just money, it opens doors for academic continuity and long-term growth.

Scholarship Coverage Table

Category Academic Level Amount (₹) Duration Disbursement Mode Remarks
School Students Class 6 – 10 ₹10,000 1 Year Direct Bank Transfer Based on academic merit
Senior School Class 11 – 12 ₹15,000 1 Year Direct Bank Transfer Renewable based on performance
Undergraduate Any UG course ₹50,000 1 Year Direct Bank Transfer Can be extended in some cases
Family Income Limit All categories ₹3,00,000 Proof required during application
Academic Performance All categories Min 75% Previous Year Only Mandatory for eligibility
Application Mode All categories Online Only Through Buddy4Study Portal used by SBI Foundation
Scholarship Window All categories April – June 2025 Official notification Dates may vary each year

See More : EPFO Auto-Settlement Limit Hiked to ₹5 Lakh

How to Apply for SBI Asha Scholarship 2025

The entire application process is digital, eliminating the need for physical document submission. Candidates can apply online via the trusted scholarship platform Buddy4Study, which partners with the SBI Foundation.

Step-by-Step Application Process:

  1. Visit the official portal: www.buddy4study.com
  2. Search for “SBI Asha Scholarship Program 2025”
  3. Click on the ‘Apply Now’ button
  4. Register using an email ID or log in if already registered
  5. Fill in the required personal, academic, and income details
  6. Upload necessary documents (see list below)
  7. Submit the application and note your application number for future reference

Documents Required for Application

Candidates must ensure they have scanned copies of all necessary documents before starting the application process.

Essential Documents List:

Document Type Required for Format Accepted Notes
Photograph All applicants JPG/JPEG/PNG Recent passport-size photo
Income Certificate All applicants PDF Issued by government authority
Marksheet (previous year) All applicants PDF Must clearly show name and scores
Identity Proof All applicants PDF/JPEG Aadhaar card or school ID
Bank Account Details All applicants PDF Passbook first page copy (in student’s name)
Admission Proof UG students PDF Admission receipt or college ID
Caste Certificate (if any) Optional PDF For additional eligibility benefits

Important Dates and Deadlines

Students are encouraged to keep track of the scholarship timeline to avoid missing out on the opportunity.

Scholarship Timeline Table

Event Date Range Remarks
Scholarship Announcement April 2025 By SBI Foundation
Application Start Date 1st April 2025 Available on Buddy4Study
Last Date to Apply 30th June 2025 Applications will close at midnight
Document Verification July – August 2025 Conducted by the SBI Foundation
Final Selection & Disbursement September 2025 onwards Funds transferred directly to bank accounts

Selection Process

The selection of candidates for the SBI Asha Scholarship is based on multiple factors to ensure transparency and fairness.

Criteria Considered:

  • Academic performance (minimum 75%)
  • Financial need (income below ₹3 lakh/year)
  • Supporting documents and verification
  • Preference to female students, marginalized sections, and rural background

Shortlisted candidates may also be contacted for a telephonic interview or additional document verification, if needed.

Why You Should Apply

This scholarship is not just a monetary benefit—it’s a recognition of your academic hard work and a boost to your future dreams. With the rising cost of education, such financial assistance from reputed institutions like SBI can be a game-changer, especially for families that are struggling to afford school or college fees.

The SBI ₹50,000 Asha Scholarship 2025 is a golden opportunity for students from lower-income families to continue their studies without financial stress. With an easy application process and transparent selection, students who meet the eligibility criteria are encouraged to apply at the earliest.

This article is intended for informational purposes only. For official details and the most accurate updates, always refer to the SBI Foundation or Buddy4Study websites. Dates and policies may be subject to change.