SBIF Asha Scholarship Program 2023

SBIF Asha Scholarship Program 2023 is an initiative of the SBI Foundation under its education vertical - Integrated Learning Mission (ILM), to provide financial assistance to deserving students from low-income families across India to ensure the continuity of their education. Under this scholarship program, college students pursuing the first year of undergraduate studies from top NIRF universities/colleges and IITs, MBA/PGDM from IIMs, and Ph.D. from premier institutions are entitled to a scholarship of up to INR 5 lakh for 1 year. Buddy4Study is the implementation partner for this scholarship program. 

• Students enrolled in first-year of Ph.D. programs at renowned institutions in the academic year 2022-23 are eligible. 
• Applicants must pursue research in cybersecurity, innovative finance mechanisms, new payment models, Intellectual Property rights, micro-finance and credit linkage, policy reform to enable financial inclusion, last-mile access to digital banking and financial services, etc.  
• Applicants must have secured a minimum of 75% marks in postgraduation (aggregate scores of all years/semesters). 
• The annual family income of the applicants from all sources must not be more than INR 3 Lakh. 
• Students from PAN India are eligible to apply. 



Up to INR 2,00,000 for one year 

• Marksheet of the previous academic year (Class 12/Graduation/Postgraduation, whichever is applicable) 
• A government-issued identity proof (Aadhaar 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.


How can you apply? 
• Click the ‘Apply Now’ button below. 
• Login to Buddy4Study with your registered ID and land on the ‘Application Form Page’. 
• If not registered - Register at Buddy4Study with your Email/Mobile/Gmail account. 
• You will be redirected to the ‘SBIF Asha Scholarship Program 2023’ application form page. 
• Click on the ‘Start Application’ button to begin the application process. 
• Fill the required details in the online application form. 
• Upload relevant documents. 
• Accept the ‘Terms and Conditions’ and click ‘Preview’.  
• If all the details filled in by the applicant are correctly showing on the preview screen, click the ‘Submit’ button to complete the application process. 



Reference Link