SBI Asha Scholarship – Details, Benefits, Eligibility

The SBI Asha Scholarship Program, initiated by SBI Foundation as part of their Corporate Social Responsibility (CSR) plan, serves as a significant and praiseworthy initiative. This program offers a glimmer of hope to underprivileged students whose families struggle to cover their educational expenses.

Its primary objective in 2023 is to provide financial support to deserving students from economically disadvantaged backgrounds who have excelled in their academics. In this article, we will outline the eligibility criteria, necessary documents, and application process for this valuable scholarship scheme.

SBI Asha Scholarship Program 2023

The SBI Asha Scholarship Program 2023, launched by the SBI Foundation as part of its education initiative called Integrated Learning Mission (ILM), offers financial support to bright students from low-income families all over India to help them continue their education.

This program is open to students in Classes 6 to 12, giving them the opportunity to receive a 15,000 Indian Rupees scholarship for one academic year. The SBI Foundation, apart from its banking services, is actively involved in various projects in over 28 states and union territories of India.

These projects cover areas like rural development, healthcare, education, livelihood and entrepreneurship, youth empowerment, and sports, among others. The foundation’s mission is aligned with the SBI group’s values, focusing on ethical initiatives that foster growth, equality, and a positive impact on society.

SBI Asha Scholarship Program 2023 Details

Check the details for SBI Asha Scholarship Program 2023 in the table below:

SBI Asha Scholarship Program 2023 Objectives

The main goal of the SBI Asha Scholarship Program is to help talented students from low-income backgrounds who have excelled academically by providing them with financial support. The foundation is dedicated to making sure this program reaches those students who truly need it.

SBI Asha Scholarship Amount and Benefits

The SBI Asha Scholarship offers financial support to bright students from low-income families. This scholarship, provided by the SBI Foundation, is available for students in grades 6 to 12. Those who qualify will receive a one-time payment of Rs. 10,000, deposited directly into their bank account.

SBI Asha Scholarship Program 2023 Eligibility

Prior to applying for the scholarship opportunity, it’s crucial to familiarize yourself with the specific criteria that will be used to assess your scholarship application. We have taken great care to define the eligibility requirements that must be met by students in order to qualify for this scholarship:

1. You must be currently enrolled in classes 6 through 12.
2. A key prerequisite is that you should have achieved a minimum of 75% marks in your most recent academic session.
3. It’s also important to note that your family’s total income from all sources should not surpass Rs. 3 lakhs.
4. The scholarship program is open to students from every corner of India, meaning that students residing in any part of the country are eligible to participate.

SBI Asha Scholarship Program 2023 Apply Online

To apply for the SBI Asha scholarship, follow these step-by-step instructions:

• Step 1: Visit the official website first.
• Step 2: On the website’s main page, scroll down until you find the “Apply Now” button under the SBI Asha Scholarship Program.
• Step 3: Click on “Apply Now.” A little box will pop up, asking you to sign in with your Google account, your phone number, or your email. If you’re new, click on the “Register” button.
• Step 4: After you click “Register,” a new page will open.
• Step 5: On that page, fill in your name, mobile number, a valid email, and create a unique password. Then, click “Register.”
• Step 6: You’ll get a one-time password (OTP) to your phone and email for verification.
• Step 7: Once verified, you’ll be taken to the SBI Asha Scholarship Program page.
• Step 8: Click on “Start Application” to kick off your application.
• Step 9: On the next page, enter the necessary info and upload the documents they ask for.
• Step 10: On the next page, read and agree to the Terms and Conditions.
• Step 11: Review your application to make sure everything is correct.
• Step 12: If everything looks good, click “Submit” to complete your application. But if you find any mistakes, make sure to fix them before hitting the final submit button.

SBI Asha Scholarship Program 2023 Documents Required

To complete your application, the authorities require the following documents:

1. Your latest report card, including your marks.
2. A government-recognized ID, like a passport or Aadhar card.
3. A document confirming your student status at the school.
4. Details of your or your parents’ bank account.
5. An official document showing your parents’ income, issued by the government.
6. A few passport-size color photographs of yourself.

SBI Asha Scholarship Program 2023 Selection Process

The SBI Asha Scholarship Program 2023 employs a thorough selection process to identify the most deserving scholars. This process takes into account both academic achievements and financial circumstances. It is divided into various stages, each of which serves a specific purpose:

Initial Shortlisting

The first step in the selection process is the initial shortlisting of candidates. This is done by assessing their eligibility criteria. To be eligible for the scholarship, candidates need to meet specific requirements, such as a minimum academic performance standard and financial need. Those who meet these criteria proceed to the next stage.

Document Verification

Once candidates are shortlisted, their documents are subjected to a rigorous verification process. This is done to ensure the accuracy of the information provided in their applications.

The scholarship program organizers typically request documents such as academic transcripts, income certificates, and other relevant paperwork. Accurate documentation is crucial for a fair and transparent selection process.

Personal Interview

After the document verification stage, the shortlisted candidates are invited to participate in a personal interview. During this interview, candidates have the opportunity to discuss their academic achievements, aspirations, and financial circumstances. The interview provides a more holistic view of each candidate, allowing the selection committee to make well-informed decisions.

SBI Asha Scholarship Program 2023 Contact Details

If you encounter any issues while applying for this scholarship or have any questions, here are some contact details to help. You can reach them using the following information:

• Phone: 011-430-92248 (Extension 303)
• Email: sbiashascholarship@buddy4study.com

Feel free to get in touch for assistance or inquiries.

SBI Asha Scholarship Program 2023 FAQs

What is the SBI Asha Scholarship Program 2023?

The SBI Asha Scholarship Program 2023 is an initiative by the SBI Foundation to provide financial support to academically talented students from economically disadvantaged backgrounds in India.

Who is eligible for the SBI Asha Scholarship?

To be eligible for this scholarship, you should be enrolled in classes 6 to 12 and have achieved a minimum of 75% marks in your most recent academic session. Additionally, your family's total income from all sources should not exceed Rs. 3 lakhs.

What documents are required for the application?

You will need to submit your latest report card, a government-recognized ID, proof of student status, bank account details, a government-issued income document, and passport-size photographs.

What is the scholarship amount for the SBI Asha Scholarship?

The scholarship provides a one-time payment of Rs. 10,000, which is deposited directly into the recipient bank account.

What is the application deadline for the SBI Asha Scholarship Program 2023?

The application period is currently open and will close on November 30, 2023, for the academic year 2023-24.