Get Student Loan from National Bank of Pakistan (NBP)

Govt of Pakistan launched a scheme in 2001-2002 that allows students to Get Student Loan from National Bank of Pakistan (NBP).  Under the Scheme, monetary aid  is provided by way of Interest Free Loans to the deserving students who face financial problem to continue their studies in Scientific, Technical and Professional fields. This assistance is provided only to those students who study in specific educational institutes within Pakistan.

The Scheme that enables students to Get Mark Up Free Student Loan from National Bank of Pakistan (NBP) is being administered by a high powered committee comprising Deputy Governor, State Bank of Pakistan and representative of Ministry of Finance, Government of Pakistan.

Eligibility criteria for Student Loan from National Bank of Pakistan (NBP)

Under the scheme the students are eligible to apply for loans provided:

  • He/She has  must be student of approved Universities/Colleges of the public sector mentioned below.
  • His / her age must be not be more than :
  • For Graduation                  21 Years
  • For Post-Graduation         31 Years
  • For Ph.D                              36 Years
  • He/She has secured 70% marks in the last exam.
  • He/She has undertaken the study of the subjects given below.
  • He/She is unable to pursue studies due to financial problems

Types of  Student Loan from National Bank of Pakistan (NBP)

The loan facility will be available for entire duration of the study for:-

  • Schedule Fee [Paid Directly to the College / University]
  • Boarding expenses excluding meal charges University/College [Paid Directly to the College / University]
  • Procurement of textbooks — [Disbursed directly to the student]

REPAYMENT OF Student Loan from National Bank of Pakistan (NBP)

Student can repay the loan within 10-Years from the date of receiving first installment. The student will have to:

  • repay the loan in monthly installment after six months from the date of first employment
  • or one year from the date of completion of studies, which ever is earlier.

APPROVED SUBJECTS to get Student Loan from National Bank of Pakistan (NBP)

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Download Approved List of Universities for National Bank of Pakistan Loan

OTHER INFORMATION about Student Loan from National Bank of Pakistan (NBP)

  • If you want to get Student Loan from National Bank of Pakistan (NBP), you need to  apply on prescribed form for financial assistance.
  • Applicants willing to get Student Loan from National Bank of Pakistan (NBP) are required to submit/send their applications on the prescribed form, duly completed in all respect, to the designated branches indicated against each University/College by the given date. Incomplete application shall not be entertained.
  • Students who have availed this facility in the last / previous year(s) need not to apply again. 

 

Here you can download form for Student Loan from National Bank of Pakistan (NBP)

Download Application Form