SBI Platinum Jubilee Asha Scholarship 2026 – ₹5 Lakh for IIM Students
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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
| Parameter | Details |
|---|---|
| Scholarship Name | SBI Platinum Jubilee Asha Scholarship 2026 |
| Provider | SBI Foundation |
| Target | MBA students at IIMs |
| Scholarship Amount | ₹5,00,000 |
| Eligibility | Current IIM student, 7.5 CGPA (65% for SC/ST, 60% for PwBD) |
| Family Income | Less than ₹6,00,000 per annum |
| CAT Scorecard | Valid from current or previous academic years |
| Deadline | 4 September 2026 |
| Official Website |
Opportunity Overview
| Field | Details |
|---|---|
| Host Organisation | SBI Foundation |
| Opportunity Category | Scholarship |
| Target Audience | MBA students at IIMs |
| Scholarship Amount | ₹5,00,000 |
| Application Mode | Online |
| Official Language | English |
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
| Benefit | Details |
|---|---|
| Scholarship Amount | ₹5,00,000 |
| Purpose | Tuition and living expenses |
| Renewable | Based on academic performance |
Eligibility Criteria
| Criterion | Details |
|---|---|
| Institution | Currently pursuing studies at any of the 22 IIMs |
| Minimum Marks | 7.5 CGPA or 75% marks (65% for SC/ST, 60% for PwBD) |
| Family Income | Less than or equal to ₹6,00,000 per annum |
| CAT Scorecard | Valid from current or previous academic years |
| Academic Year | Previous academic year marks considered |
Required Documents
| Document | Details |
|---|---|
| CAT Scorecard | Valid from current or previous academic years |
| IIM Admission/Bonafide Letter | Proof of current enrollment |
| Semester Marksheets | Academic records |
| Aadhaar Card | Identity proof |
| Income Certificate | Family income proof |
| Bank Passbook | SBI preferred |
| Passport Photo | Recent photograph |
Application Process
| Step | Action |
|---|---|
| 1 | Click the Apply Now button |
| 2 | Log in with registered account (or create one) |
| 3 | Select your scholarship category |
| 4 | Click Start Application |
| 5 | Fill in all required details accurately |
| 6 | Upload clear copies of required documents |
| 7 | Accept terms and conditions |
| 8 | Review all details in preview |
| 9 | Submit application (cannot be changed after submission) |
Important Dates
| Event | Date |
|---|---|
| Application Deadline | 4 September 2026 |
Important Links
| Description | Official URL |
|---|---|
| Apply Online | |
| Official Website |
Frequently Asked Questions
| Question | Answer |
|---|---|
| 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
| Category | Suitable |
|---|---|
| IIM Students | Yes |
| MBA Students | Yes |
| SC/ST Candidates | Yes (65% CGPA) |
| PwBD Candidates | Yes (60% CGPA) |
| Low-Income Families | Yes |
| Non-IIM Students | No |
| International Applicants | No |
Competition Level
| Category | Level |
|---|---|
| Overall Competition | High |
| Selection Difficulty | Moderate |
| Application Complexity | Medium |
CareerFlora Recommendation
| Recommendation Area | Details |
|---|---|
| Funding Value | Excellent |
| Career Growth | Very High |
| Application Difficulty | Medium |
| Apply Early | Strongly 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.
Follow CareerFlora for the latest updates.