NBP Student Loan Scheme 2023 Application Forms

Applications are invited for the grant of mark-up free Students Loan for pursuing Graduation, Post-Graduation, M.Phil and Ph.D studies within Pakistan in approved subjects at public sector institutions for the session 2020-2021 & 2021-2022. The candidates who have secured at least 70% marks in their last public examinations and meet eligibility criteria of the Scheme and are financially weak to pursue their studies may submit their applications on the prescribed form supported by required documents (in duplicate) latest by Friday, 29’hJuly, 2022.

Applications shall be considered subject to availability of funds vis-a-vis merit. Applications which are not submitted on the Prescribed Form or are incomplete / submitted late will not be entertained. Candidates who do not meet the eligibility criteria of the Scheme are requested not to apply. Such applications, if received, shall not be entertained under the Scheme. Any attempt to influence the Students Loan Wing or Loan Sanctioning Committee shall be considered as a definite disqualification, even if the candidate is qualified, other-wise. Complete details including eligibility criteria, approved subjects, approved institutions, designated branches and application form are available at the National Bank of Pakistan website www.nbp.com.pk/studentloan and may also be obtained from designated branches as mentioned on NBP website.

The Scheme is being administered by a high powered committee comprising Deputy Governor, State Bank of Pakistan, Presidents of the commercial banks and representative of Ministry of Finance, Government of Pakistan.

Administrator of the Scheme: National Bank of Pakistan.

Student Loan Scheme – Detail
Approved Colleges – Universities
Application Form

ELIGIBILITY
Under the scheme the students are eligible to apply for advance loans provided:
I) He/She has obtained admission on merit through normal course/procedure in the approved Universities/Colleges of the public sector mentioned hereunder.
II) He/She falls at the time of admission within the age bracket of:- For Graduation Not exceeding 21 Years
For Post-Graduation Not exceeding 31 Years
For Ph.D Not exceeding 36 Years
III) He/She has secured 70% marks in the last public examination.
IV) He/She has undertaken the study of the subjects given below.
V) He/She is unable to pursue studies due to financial constraints.
TYPES OF LOAN: The loan facility will be available for entire duration of the study for:-
¾ Schedule Fee
Paid directly to the
¾ Boarding expenses excluding meal charges University/College
¾ Procurement of textbooks — Disbursed directly to the student
REPAYMENT OF LOAN: The maximum period of repayment of loan is 10-Years from the date of disbursement of first installment. The borrower shall 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
I) Engineering
II) Electronics
III) Oil Gas & Petro-Chemical Technology
IV) Agriculture
V) Medicine
VI) Physics
VII) Chemistry
VIII) Biology, Molecular Biology & Genetics
IX) Mathematics
X) Other Natural Sciences
XI) DAWA and Islamic Jurisprudence (LL.B/LL.M Sharia)
XII) Computer Science/Information System and Technology including hardware.
XIII) Economics, Statistics and Econometrics
XIV) Business Management Sciences
XV) Commerce
OTHER INFORMATION: ¾ Application Forms are available from the designated branches mentioned above or may be downloaded from National Bank of Pakistan website www.nbp.com.pk/studentloan
¾ The students desirous of availing loan under the Scheme may apply on prescribed form for financial assistance subject to he or she has got admission on merit through normal procedure in the Universities/ Colleges
afore-mentioned.
¾ Applicants 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.
¾ Students who have availed this facility in the last / previous year(s) need not to apply.
For further clarification and guidance, applicant(s) may contact Mr. Shamim Iqbal, Vice President,
Students Loan Scheme Wing, National Bank of Pakistan, Head Office, Karachi.
Telephone No. 021-99213026, and 021-99212100- Ext.2637, 2617 Fax No. 021-99213021.
ONLY SUCH APPLICATION RECEIVED BY THE DESIGNATED BRANCHES ON OR BEFORE 15TH SEPTEMBER 2015 SHALL BE ENTERTAINED. LOAN FACILITY IS SUBJECT TO AVAILABILITY OF FUNDS.

Download NBP Student Loan Application Forms:

Students Loan Scheme for Education, Studies within Pakistan for the Session 2020-2021 & 2021-2022.

Last date for submission of applications is Friday, 29th July, 2022.

For further clarification and guidance, applicant(s) may contact Students Loan Wing, National Bank of Pakistan, Head Office, Karachi Telephone Nos. 021-99220026 and 021- 99220100-50 Ext. 2637 & 2170.

Fahad Munir

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