State Bank of India Foundation Asha Scholarship for PhD Students: Apply by May31

Dr.S.Rajoo Krishnan

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State Bank of India Foundation (SBIF), the CSR arm of the State Bank of India, has invited applications for the Asha Scholarship 2023 for PhD Students.

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 meritorious students from low-income families across India to ensure continuity of their education.

Under this scholarship program for PhD students, students pursuing PhD from premier institutions will be considered to receive the scholarship.

Students enrolled in first-year of PhD programmes at renowned institutions in the academic year 2022-23 are eligible.

Applicants must be pursuing research in areas such as 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 post-graduation (aggregate scores of all years/semesters). The annual family income of the applicants from all sources must not be more than Rs. 3 Lakh.

Students from across India are eligible to apply.

Benefits: Scholarship of up to Rs. 2,00,000 for one year will be provided

Application: Application can be submitted online through the Scholarship link at latest by 31.5.2023.

Applicant has to fill the required details in the online application form and Upload relevant documents.

Documents to be submitted include (i) Mark sheet of the previous academic year of Post-graduation (ii) A government-issued identity proof (Aadhaar card) (iii) Current year admission proof (fee receipt/admission letter/institution identity card/bonafide certificate) (iv) Bank account details of applicant (or parent) (v) Income proof (Form 16A/income certificate from government authority/salary slips, etc.) (vi) Photograph of the applicant

If all the details filled in by the applicant are correctly showing on the preview screen, applicant may click on the ‘Submit’ button to complete the application process.

Selection: Selection will be made on the basis of academic merit and financial background. Initial shortlisting of applications based on their academic merit and financial background. It will be followed by telephonic interview of shortlisted candidates followed by document verification for final selection.

Scholarship amount will be directly transferred into the bank account of the scholars. This is a one-time scholarship.

For details, visit

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