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SBI Platinum Jubilee Asha Scholarship 2026 – ₹5 Lakh for IIM Students

SBI Platinum Jubilee Asha Scholarship 2026 – ₹5 Lakh for IIM Students

SBI Foundation – ₹5,00,000 scholarship for MBA students at any of the 22 Indian Institutes of Management (IIMs)

Complete guide to eligibility, benefits, required documents, and application process


Quick Highlights

ParameterDetails
Scholarship NameSBI Platinum Jubilee Asha Scholarship 2026
ProviderSBI Foundation
TargetMBA students at IIMs
Scholarship Amount₹5,00,000
EligibilityCurrent IIM student, 7.5 CGPA (65% for SC/ST, 60% for PwBD)
Family IncomeLess than ₹6,00,000 per annum
CAT ScorecardValid from current or previous academic years
Deadline4 September 2026
Official Website

https://www.sbifoundation.in


Opportunity Overview

FieldDetails
Host OrganisationSBI Foundation
Opportunity CategoryScholarship
Target AudienceMBA students at IIMs
Scholarship Amount₹5,00,000
Application ModeOnline
Official LanguageEnglish

About the Scholarship

The SBI Platinum Jubilee Asha Scholarship 2026 is a prestigious initiative by the SBI Foundation to support meritorious students pursuing MBA at the 22 Indian Institutes of Management (IIMs) across India. The scholarship covers tuition and living expenses, providing financial relief to deserving students from economically weaker backgrounds.


Why You Should Apply

  • ₹5 Lakh Amount: Covers tuition and living expenses.

  • IIM Students Only: Specifically for MBA students at IIMs.

  • Transparent Process: Clear eligibility criteria and document requirements.

  • SBI Foundation: Reputable and trusted organization.


Scholarship Benefits

BenefitDetails
Scholarship Amount₹5,00,000
PurposeTuition and living expenses
RenewableBased on academic performance

Eligibility Criteria

CriterionDetails
InstitutionCurrently pursuing studies at any of the 22 IIMs
Minimum Marks7.5 CGPA or 75% marks (65% for SC/ST, 60% for PwBD)
Family IncomeLess than or equal to ₹6,00,000 per annum
CAT ScorecardValid from current or previous academic years
Academic YearPrevious academic year marks considered

Required Documents

DocumentDetails
CAT ScorecardValid from current or previous academic years
IIM Admission/Bonafide LetterProof of current enrollment
Semester MarksheetsAcademic records
Aadhaar CardIdentity proof
Income CertificateFamily income proof
Bank PassbookSBI preferred
Passport PhotoRecent photograph

Application Process

StepAction
1Click the Apply Now button
2Log in with registered account (or create one)
3Select your scholarship category
4Click Start Application
5Fill in all required details accurately
6Upload clear copies of required documents
7Accept terms and conditions
8Review all details in preview
9Submit application (cannot be changed after submission)

Important Dates

EventDate
Application Deadline4 September 2026

Important Links

DescriptionOfficial URL
Apply Online

https://www.sbifoundation.in

Official Website

https://www.sbifoundation.in


Frequently Asked Questions

QuestionAnswer
Q1. Who can apply?MBA students at any of the 22 IIMs.
Q2. What is the scholarship amount?₹5,00,000.
Q3. What is the minimum CGPA required?7.5 CGPA (65% for SC/ST, 60% for PwBD).
Q4. What is the family income limit?Less than ₹6,00,000 per annum.
Q5. Is CAT scorecard required?Yes, valid from current or previous academic years.
Q6. What documents are required?CAT scorecard, IIM admission letter, marksheets, Aadhaar, income certificate, bank passbook, passport photo.
Q7. What is the deadline?4 September 2026.
Q8. How can I apply?Apply online through the SBI Foundation portal.

CareerFlora Expert Insight

The SBI Platinum Jubilee Asha Scholarship 2026 is a prestigious opportunity for IIM students to receive financial support of ₹5 lakh. With a focus on meritorious students from economically weaker backgrounds, this scholarship significantly reduces the financial burden of pursuing an MBA at India's premier management institutes.

The clear eligibility criteria and transparent application process make it accessible to deserving candidates. IIM students meeting the criteria should apply before the 4 September 2026 deadline.


Best Opportunity For

CategorySuitable
IIM StudentsYes
MBA StudentsYes
SC/ST CandidatesYes (65% CGPA)
PwBD CandidatesYes (60% CGPA)
Low-Income FamiliesYes
Non-IIM StudentsNo
International ApplicantsNo

Competition Level

CategoryLevel
Overall CompetitionHigh
Selection DifficultyModerate
Application ComplexityMedium

CareerFlora Recommendation

Recommendation AreaDetails
Funding ValueExcellent
Career GrowthVery High
Application DifficultyMedium
Apply EarlyStrongly Recommended

Final Call-to-Action

Apply for SBI Platinum Jubilee Asha Scholarship 2026 before 4 September 2026.

  • Visit the official SBI Foundation website.

  • Complete your registration.

  • Submit your application.

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Written by S NAR

Career Expert & Researcher. Dedicated to bringing you the most authentic and verified updates on global scholarships, internships, and career opportunities to help you stay ahead.

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