SBIF Asha Scholarship Program 2023 – Encouraging Bright Minds to Fly High

SBIF Asha Scholarship Program 2023 is a CSR (Corporate Social Responsibility) initiative of SBI Foundation which focuses on providing financial assistance to meritorious students from low-income families across India to ensure the continuity of their education. Under this scholarship program, college students pursuing first year of undergraduate studies from top NIRF universities/colleges and IITs, MBA/PGDM from IIMs, and PhD from premier institutions are entitled to receive a scholarship of up to INR 5,00,000 for one year.

Scholarship Registration and Login

 This article will help you in having a deeper cognizance of this scholarship programme in terms of its application process, eligibility, documentation, and other needful information. Read further to have a detailed understanding of this scholarship and its application process.

SBIF Asha Scholarship Program 2023 – An Overview

SBI Foundation is the CSR arm of the State Bank of India. It believes in running interventions that are ethical, promote growth and equality, and create a positive impact on society.

Buddy4Study - IDFC FIRST Bank Education Loan Programme

Deadline : 30-06-2023

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It has introduced the SBIF Asha Scholarship Program 2023 in partnership with Buddy4Study (implementation partner) for college students pursuing first year of undergraduate studies from top NIRF universities/colleges and IITs, MBA/PGDM from IIMs, and PhD from premier institutions to support them in continuing their education. 

The table given below consists of the essential details about the scholarship program for your quick reference.

Detailed Overview of SBIF Asha Scholarship Program 2023

Particulars                Details
Name of the Scholarship               SBIF Asha Scholarship Program 2023
Provider Detail                                                SBI Foundation
Eligibility                                               Applicants from PAN India are eligible to apply

Open for Undergraduate students, PhD candidates, and students studying in IIM and IIT.

Award Up to INR 5,00,000 for one year
Last Date to Apply* 30th April 2023
Application Mode Online
Academic Session 2022-2023

*The application deadline mentioned above is tentative and may change at the discretion of the scholarship provider. 

SBIF Asha Scholarship Program 2023 – Key Dates

Now, with this brief piece of information, it is important to have knowledge of some other details. But before referring to them, the candidates are necessarily required to keep track of the important dates of application to this scholarship programme. The applications for SBI Asha Scholarship Program 2022  are currently open. The last date to submit the application forms is 30th April 2023.

SBIF Asha Scholarship Program 2023 – Eligibility

  • Open for students pan India
  • Annual family income of the applicant must not be more than INR 3,00,000 from all sources

For Undergraduate Students:

  • Students pursuing first-year of their undergraduate studies from top NIRF universities/colleges
  • Applicants must have scored a minimum of 75% marks in Class 12 examination

For IIT Students:

  • Students pursuing first-year of their undergraduate studies at top IITs
  • Applicants must have secured a minimum of 75% marks in Class 12 examination

For IIM Students:

  • Students pursuing first-year of MBA/PGDM courses at top IIMs
  • Applicants must have secured a minimum of 75% marks in graduation (aggregate scores of all years/semesters)

For PhD Students:

  • Students enrolled in first-year of PhD programme (any stream) at renowned institutions
  • Applicants must have secured a minimum of 75% marks in postgraduation (aggregate scores of all years/semesters)

SBIF Asha Scholarship Program 2023 – Award Details

The students selected under SBI Asha Scholarship Program 2022 will receive up to INR 5,00,000 for one year.

SBIF Asha Scholarship Program 2023 – Application Process

Eligible candidates can apply for the SBIF Asha Scholarship Program 2023 online by following the steps mentioned below:  

  • Visit the official scholarship page.
  • Read all the details carefully and Click on the ‘Apply Now’ button of the respective category of scholarship.
  • Login to Buddy4Study using a registered ID to land on the ‘Online Application Form Page’.
    • If not registered – Register with your Email/Mobile Number/Gmail account. 
  • You will now be redirected to the ‘SBIF Asha Scholarship Program 2023’  application form page.
  • Click on the ‘Start Application’ button to begin the application process.
  • Fill in the required details in the online application form.
  • Upload relevant documents.
  • Accept the ‘Terms and Conditions’ and click on ‘Preview’. 
  • If all the details filled in by the applicant are correctly showing on the preview screen, click on the ‘Submit’ button to complete the application process.

SBIF Asha Scholarship Program 2023 – Key Documents

Candidates applying for this scholarship program need to upload the following documents while applying – 

  • Marksheet of the previous academic year
  • A government-issued identity proof (Aadhaar card/voter identity card/driving license/PAN card) 
  • Current year admission proof (fee receipt/admission letter/institution identity card/bonafide certificate)
  • Bank account details of the applicant (or parent)
  • Income proof (Form 16A/income certificate from government authority/salary slips, etc.) 
  • Photograph of the applicant

SBIF Asha Scholarship Program 2023 – Selection Process

The selection of scholars for the ‘SBIF Asha Scholarship Program 2023’ will be made on the basis of their academic merit and financial background. It involves a multi-stage process as detailed below –

  • Initial shortlisting of applications based on their academic merit and financial background
  • Telephonic interview of shortlisted candidates followed by document verification for final selection

SBIF Asha Scholarship Program 2023 – Contact Details

In case you have any queries related to this scholarship programme, its eligibility, the application process, award details, or the selection process, you are requested to connect through the contact details given below:


Phone:  011-430-92248 (Ext-303)

Scholarship Registration and Login

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