SBI Foundation announces ₹100 crore scholarship for over 25,000 students
The SBI Foundation has launched a scholarship program worth ₹100 crore to support over 25,000 economically disadvantaged students across India. The initiative covers various academic levels, from secondary school to international master's programs.
Why it matters
Corporate social responsibility initiatives of this scale significantly impact educational accessibility for students from lower-income backgrounds.
SBI Foundation, the Corporate Social Responsibility (CSR) arm of the State Bank of India (SBI), has announced the launch of the SBI Platinum Jubilee Asha Scholarship 2026 — one of India’s largest corporate scholarship programmes under which 25,707 meritorious students from economically disadvantaged families across the country will receive annual scholarships ranging from ₹15,000 to ₹15,00,000, depending on the category they belong to.
The scholarship is for students across multiple academic pathways, including School students (Classes 9–12), undergraduate and postgraduate students studying at NIRF Top 300 or NAAC A-rated institutions, Medical (MBBS) students, students enrolled at IITs and IIMs and students pursuing master’s programmes abroad at universities ranked among the Top 200 in the QS World University Rankings.
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