SBI Foundation Scholarship Program 2024 [UG, PG, IIT & IIM Students, Amount Upto Rs. 7.5 Lakhs]: Apply Now!

The SBI Foundation Scholarship Program 2024 is a significant initiative aimed at supporting undergraduate and postgraduate students, including those enrolled in prestigious institutions such as IITs and IIMs. This scholarship program is designed to provide financial assistance of up to ₹7.5 lakhs to deserving candidates from low-income families, enabling them to pursue their educational aspirations without the burden of financial constraints.

The SBI Foundation, as part of its commitment to corporate social responsibility, focuses on fostering education through its Integrated Learning Mission (ILM). By offering this scholarship, the foundation aims to bridge the gap between potential and opportunity, ensuring that talented students have access to quality education regardless of their economic background.

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Eligible candidates must demonstrate academic excellence and meet specific income criteria to qualify for this scholarship. The application process is straightforward and accessible, allowing students to apply online and submit the necessary documentation with ease.

About the SBI Foundation Scholarship

SBI Foundation Scholarship is the CSR arm of the State Bank of India. Upholding its tradition of service beyond banking, the Foundation operates in over 28 States and Union Territories of India, focusing on Rural Development, Healthcare, Education, Livelihood & Entrepreneurship, Youth Empowerment, Promotion of Sports, and more.

The SBI Foundation Scholarship is dedicated to contributing to the socio-economic development and betterment of underprivileged sections of society, reflecting the ethos of the SBI group by running ethical interventions that promote growth, equality, and a positive societal impact.

SBIF Asha Scholarship Program for Undergraduate Students

Eligibility

• Applicants should be Indian nationals.
• Applicants must be pursuing an undergraduate course (any year) from a premier university/college in India, as listed in the Top 100 Institutes according to the latest NIRF rankings.
• Students must have secured 75% marks or above in their previous academic year.
• The gross annual family income of the applicants must be up to INR 6,00,000. 

Note: 

• Premier institutions and renowned colleges will include those listed in the top 100 National Institutional Ranking Framework (NIRF) List for Universities and the top 100 in the NIRF List for Colleges for 2023 and 2024 (released by the Ministry of Education, Government of India). Additionally, all National Institutes of Technology (NITs) will also be included.
• Preference will be given to students with a family income of up to INR 3,00,000 per annum.
• 50% of the slots will be reserved for female applicants. 
• Preference will be given to students belonging to the Scheduled Castes (SC) and Scheduled Tribes (ST) categories.

Benefits

Up to INR 50,000

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SBIF Asha Scholarship Program for Postgraduate Students

Eligibility

• Applicants should be Indian nationals.
• Applicants must be pursuing a postgraduate course (any year) from a premier university/college in India, as listed in the Top 100 Institutes according to the latest NIRF rankings.
• Students must have secured 75% marks or above in their previous academic year.
• The gross annual family income of the applicants must be up to INR 6,00,000. 

Note: 

• Premier institutions and renowned colleges will include those listed in the top 100 National Institutional Ranking Framework (NIRF) List for Universities and the top 100 in the NIRF List for Colleges for 2023 and 2024 (released by the Ministry of Education, Government of India). Additionally, all National Institutes of Technology (NITs) will also be included.
• Preference will be given to students with a family income of up to INR 3,00,000 per annum.
• 50% of the slots will be reserved for female applicants. 
• Preference will be given to students belonging to the Scheduled Castes (SC) and Scheduled Tribes (ST) categories.

Benefits

Up to INR 70,000

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SBIF Asha Scholarship Program for IIT Students

Eligibility

• Applicants should be Indian nationals.
• Applicants must be pursuing an undergraduate course (any year) from an Indian Institute of Technology (IIT) in India.
• Students must have secured 75% marks or above in their previous academic year.
• The gross annual family income of the applicants must be up to INR 6,00,000. 

Note: 

• Preference will be given to students with a family income of up to INR 3,00,000 per annum.
• 50% of the slots will be reserved for female applicants. 
• Preference will be given to students belonging to the Scheduled Castes (SC) and Scheduled Tribes (ST) categories.

Benefits

Up to INR 2,00,000

SBIF Asha Scholarship Program for IIM Students

Eligibility

• Applicants should be Indian nationals.
• Applicants must be pursuing MBA/PGDM courses (any year) from an Indian Institute of Management (IIM) in India.
• Students must have secured 75% marks or above in their previous academic year.
• The gross annual family income of the applicants must be up to INR 6,00,000. 

Note: 

• Preference will be given to students with a family income of up to INR 3,00,000 per annum.
• 50% of the slots will be reserved for female applicants. 
• Preference will be given to students belonging to the Scheduled Castes (SC) and Scheduled Tribes (ST) categories.

Benefits

Up to INR 7,50,000.

How to Apply?

Interested candidates can apply online for the SBI Foundation Scholarship Program 2024, Apply Now! – https://www.buddy4study.com/page/sbi-asha-scholarship-program

Click here for the official notification of SBI Foundation Scholarship Program 2024.

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