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SBI Asha Scholarship 2024: Eligibility, Benefits, and Application Process

24 September 2024, 5:26 pm IST

SBIF Asha Scholarship Program 2024 is one of India's largest scholarship initiatives. Launched by the SBI Foundation as part of its mission of vertically integrated learning (ILM) in education, the program is designed to provide financial assistance to deserving students from well-to-do families. 

Few throughout the country It is open to students from classes 6 to 12 and also to those pursuing undergraduate and postgraduate studies in MBA/PGDM programs at NIRF top 100 universities/colleges, IITs or IIMs.

Students who have been Selected applicants can receive a scholarship of up to Rs 7.5 lakh to support Their academic work.

Scholarship

This blog provides comprehensive details about the 2024 SBIF Scholarship Program, including the application process. Eligibility Criteria Required documents and other important information Read the complete instructions to understand and apply for this scholarship further.

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What is the SBI Asha Scholarship 2024?

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The SBI Foundation serves as the Corporate Social Responsibility (CSR) branch of the State Bank of India. It extends the bank’s culture of community provider by means of specializing in numerous sectors which include rural improvement, healthcare, education, livelihood and entrepreneurship, Youth empowerment, and the promotion of sports activities. 

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With operations across over 28 states and union territories in India, the Foundation is devoted to uplifting underprivileged groups. Through moral and inclusive projects, it strives to create social and economic impact, fostering growth and equality whilst supporting the general betterment of society.

For more information, you can go to the official website at: [www.Sbifoundation.In](http://www.Sbifoundation.In).

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Key Highlights of SBI Scholarship 2024

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ParticularDetails
Scholarship Name

SBI Asha Scholarship

Ministry Name SBI Foundation
Introduced bySBI
Applying ProcessOnline on the Official  https://www.sbifoundation.in/
Benefits 
  • Classes 6 to 12: INR 15,000 each

  • UG Students: Up to INR 50,000

  • PG Students: Up to INR 70,000

  • UG Students from IITs: Up to INR 2,00,000

  • MBA Students from IIMs: Up to INR 7,50,000

Applicable Citizens The domicile of Indian citizens
Mode of Applying Online
Eligible CoursesUG-PG Courses
Mode of TransferDBT (Direct Bank Transfer)
Amount of ScholarshipMay be varying from one scholarship scheme to another

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UG Programs PG Programs 
BBA MBA 
BCA MCA 
Bcom MA 
BA  Mcom 
BAJMC MAJMC 

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What is the last date to apply for the SBI Asha Scholarship Program?

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The Last date to Apply for the SBI Scholarship Program 2024 is October 1, 2024. Please observe that this closing date is temporary and is a problem to change. Therefore, it's far crucial to stay up to date through the authentic scholarship portal.

This scholarship is open to students in training 6 to 12 as well as undergraduate and postgraduate students from leading institutions in India.

Before diving into further details about the SBI Asha Scholarship Program 2024, applicants must keep track of important application dates. The scholarship applications are now open, and the final date to submit is mentioned above.

SBIF Asha Scholarship Program 2024 – Eligibility Criteria

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For School Students (Class 6 to 12)

  • Nationality: Must be an Indian citizen.
  • Academic Level: Currently enrolled in Classes 6 to 12 in an identified faculty.
  • Academic Performance: Secured at least 75% marks within the previous educational 12 months.
  • Family Income: Gross annual family income must not exceed INR 3,00,000.
  • Reservation: 50% of the slots are reserved for female applicants. and Preference given to students from Scheduled Castes (SC) and Scheduled Tribes (ST).

For Undergraduate Students

  • Nationality: Must be an Indian citizen.
  • Academic Level: Enrolled in an undergraduate course (any year) at a premier university/college listed in the Top 100 NIRF rankings.
  • Academic Performance: Secured as a minimum of 75% marks within the previous instructional year.
  • Family Income: Gross annual family income ought to now not exceed INR 6,00,000.
  • Special Considerations
    • Preference given to students from households with income as much as INR 3,00,000 annually.
    • 50% of the slots are reserved for female students.
    • Priority to SC/ST applicants.
    • Premier institutions include the top 100 universities and colleges in the NIRF list and all National Institutes of Technology (NITs).

For Postgraduate Students

  • Nationality: Must be an Indian citizen.
  • Academic Level: Enrolled in a postgraduate course at a premier university/college listed in the Top 100 NIRF rankings.
  • Academic Performance: Secured at least 75% marks within the preceding academic year.
  • Family Income: Gross annual circle of relatives profits need to now not exceed INR 6,00,000.
  • Special Considerations
    • Preference for students with a family income up to INR 3,00,000.
    • 50% reservation for female applicants.
    • Priority for SC/ST candidates.
    • Premier institutions include the top 100 in the NIRF list and all NITs.

For IIT Students

  • Nationality: Must be an Indian citizen.
  • Academic Level: Enrolled in an undergraduate program (any year) at any Indian Institute of Technology (IIT).
  • Academic Performance: Secured at least 75% marks inside the preceding academic year.
  • Family Income: Gross annual family earnings have to no longer exceed INR 6,00,000.
  • Special Considerations
    • Preference for those with family income up to INR 3,00,000.
    • 50% of slots are reserved for female applicants.
    • Priority for SC/ST candidates.

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For IIM Students

  • Nationality: Must be an Indian citizen.
  • Academic Level: Enrolled in an MBA or PGDM course (any year) at an Indian Institute of Management (IIM).
  • Academic Performance: Secured at least 75% marks within the previous academic year.
  • Family Income: The gross annual circle of relatives' earnings ought to no longer exceed INR 6,00,000.
  • Special Considerations
    • Preference for students with family income up to INR 3,00,000.
    • 50% reservation for female applicants.
    • Priority for SC/ST candidates.

SBIF Asha Scholarship Program 2024 – Award Details

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  • Classes 6 to 12: INR 15,000 each
  • Undergraduate Students: Up to INR 50,000
  • Postgraduate Students: Up to INR 70,000
  • Undergraduate Students from IITs: Up to INR 2,00,000
  • MBA Students from IIMs: Up to INR 7,50,000

Selection criteria for scholarships

The scholarship selection process is designed to help students afford their education and is straightforward. Applicants must follow these steps.

  1. Qualifications: Make sure you meet the criteria listed in the official guidelines.
  2. Application Form: Complete the SBI scholarship application online before the deadline. This will be announced when the notification is published.
  3. School Announcement: Inform the relevant school officials about your scholarship application.
  4. Interview: There may be a personal interview after the document review.

Step-by-Step Application Process for SBI Scholarship

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The application process can be completed digitally to make it more convenient for students. Here is how to apply online for the SBI Asha Scholarship:

  1. Visit the reputable website at [https://www.Sbifoundation.In/](https://www.Sbifoundation.In/) Look for the "SBIF ASHA SCHOLARSHIP" alternative inside the top proper corner.
  2. The link will take you to the page. [https://www.Sbifoundation.In/focus-area-detail/SBIF-Asha-Scholarship](https://www.Sbifoundation.In/awareness-area-detail/SBIF). Scholarships of the Future) Click on “Apply for a Student” which will take you to the website, which is the implementing partner of this scholarship.
  3. New users should register with the website by clicking on "New Registration". Fill in the required information such as your email address, mobile number, or Gmail account. You will receive access credentials via your registered email. or your mobile phone number.
  4. Log in to the website using the credentials you received. “Application Form Page” will appear. Follow the instructions of the SBI Scholarship Program if you face any problems. Find SBI scholarships on the Website and click Apply now.
  5.  Click on "Start Application" to begin filling out the form. You will need to provide information together with your name, deal with, contact info, academic historical past, and financial institution information. Ensure that you connect all required documents, as now not doing so can also lead to rejection of your utility.
  6. Before final submission, evaluate your Application cautiously and make any essential corrections. Check the field for "Terms and Conditions," then click "Preview." Once you’re satisfied, click on "Submit" to complete your Application Submission.

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SBIF Asha Scholarship Program 2024 – Key Documents

  • Marksheet from the preceding educational 12 months (Class 10/Class12/Graduation/Postgraduation, as applicable)
  • Government-issued identification evidence (Aadhaar card)
  • Fee receipt for the current year
  • Proof of current year admission (admission letter, institution identity card, or 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 (if applicable)

Renewal of the Scholarship

The SBI Scholarship is awarded annually to students in classes 6 to 12. Eligible students can reapply for the scholarship in the subsequent academic year to continue receiving benefits. 

This approach allows candidates to access the grant each year based on their actual needs, promoting a fair and equitable distribution of funds.

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Conclusion

Suppose you are a student residing in India, excelling academically, and have a low family income. In that case, you should consider applying for the SBI Scholarship Program 2024-25. Before applying, ensure you meet the eligibility criteria. The SBI Asha Scholarship Program 2024-25 is available to various categories of students.

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If you want to pursue any Online Degree Course, Because Online degrees are becoming increasingly popular due to their flexibility and cost savings. They allow students to earn a degree from an accredited university without attending physical classes or staying bound to a particular location. 

With technological advances, online certifications are becoming increasingly accessible, allowing students to achieve their higher educational goals from the comfort of their own homes.

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Disclaimer:-

Source of Information:- We are not validating as this information is from various Open Sources on the Internet. Official Website:  https://www.sbifoundation.in/
Non-Affiliation: We are not associated with any government entity in India or elsewhere. When featuring government scholarships, we rely on publicly accessible information from central and state government websites in India

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frequently asked questions


Is the SBI Asha Scholarship available for 6 to 12?

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Yes SBI Asha Scholarship is available for 6th to 12th-class Class Students and in the below-mentioned Eligibility Criteria for applying for the SBI Scholarship:- 1. Nationality: Must be an Indian citizen. 2. Academic Level: Currently enrolled in Classes 6 to 12 in an identified faculty. 3. Academic Performance: Secured at least 75% marks within the previous 12 months of education. 4. Family Income: Gross annual family income must not exceed INR 3,00,000. 5. Reservation: 50% of the slots are reserved for female applicants. and Preference given to students from Scheduled Castes (SC) and Scheduled Tribes (ST).


What is the SBI 10000 scholarship program?

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The SBI Asha Scholarship Program 2024 offers financial support of ₹10,000 per year to students from Class 6 to Class 12 pursuing their education in India. The application process is online, and eligible students must apply by October 2024.


What is the last date for the SBI scholarship 2024?

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The last date to apply for the SBI Scholarship Program 2024 is October 1, 2024. Please note that this deadline is tentative and subject to change. It is important to stay informed by regularly checking updates on the official scholarship portal.


Is the SBI Asha scholarship real?

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Yes, the SBI Scholarship is real and it is also known as the SBIF Asha Scholarship Program 2024, SBI Scholarship is one of the largest scholarship initiatives in India, is a project launched by the SBI Foundation as part of its education-focused initiative under the Integrated Learning Mission (ILM).


Who is the CEO of the SBI Foundation?

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Sanjay Prakash took on the role of Managing Director and (CEO) Chief Executive Officer of SBI Foundation in July 2022.