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National Bank NBP Student Loan Scheme for 2015-2016

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(Last Updated On: 26/11/2015)

Student Loan Scheme under the National Bank of Pakistan (NBP) is the initiative of Federal Ministry of Finance that was launched by the Federal Government of Pakistan during 2001-02 for taking the education to next level. In addition to NBP, various other banks such as HBL, UBL, MCB, and ABL are also the part of this initiative.

Under the NBP Student Loan Scheme, financial assistance is not in the shape of need based or merit based scholarship. In fact, financial assistance provided by the NBP in form of interest free loans. These interest free loans are available for students pursuing their educational career in scientific, technical and professional education within Pakistan.

NBP Student Loan Scheme Eligibility:

  • Student must be admitted in public/government universities.
  • Student must be admitted on merit basis. Self-support student are not allowed.
  • The age of student at the time of admission must be as per following table:
  1. For Graduation: Not more than 21 years
  2. For Post-Graduation: Not more than 31 years
  3. For Ph.D.: Not more than 36 years
  • Student has secured minimum 70% marks in the last examination held.
  • Student is unable to carry studies due to financial problems
  • Student must be studying in the following subjects:
  1. Engineering
  2. Electronics
  3. Oil Gas & Petro Chemical Technology
  4. Medicine
  5. Chemistry
  6. Mathematics
  7. DAWA and Islamic Jurisprudence (LL.B/LL.M Sharia)
  8. Agriculture
  9. Physics
  10. Biology, Molecular Biology & Genetics
  11. Other Natural Sciences
  12. Computer Science & Information
  13. Economics, Statistics, and Econometrics
  14. Commerce
  15. Business Management Sciences

Method for awarding of loan:

Loan will be available for entire duration of the study as per follow:

Fee of student will be paid directly to the university or college.

Hostel charges (excluding meal charges) and procurements of textbooks will be directly handover to the student.

Payment of Loan:

The period for repayment of loan is 10 years from the date of disbursement of first installment of loan. The repayment will be made as per:

  • Six month from the date of first installment in case of student get the job; or
  • One year from the date of completion of studies, whichever is later.

Here are useful link for NBP Student Loan Scheme:

Approved Universities and Colleges for NBP Student Loan Scheme

Admission For for NBP Student Loan Scheme

Detail About Terms and Conditions

For further detail: Click here

12 comments

  1. How can I check if I am selected for this scholarship as I have applied last year? Kindly guide

  2. Hi I am the student who got facilitated with this facility. Thank you so very much. Now i want to repay that fund so that other student get facilitated with that. Please let me know the criteria. I need to pay it back.
    You guys can contact me at my email address
    [email protected]

    Please respond to my message i am searching on your site for repayment criteria but unfortunately didn’t got any thing.

  3. iam studend of gucest universty larkana can i apply nbp loan

  4. Muhammad Hassan

    ME Muhammad hassan from BUETK and any scolarship

  5. sir i am student of GIS/RS can i apply for NBP loan

  6. sir i am student of GIS/RS can i apply for nbp loan

  7. last date of apply ??????

  8. sir its me saad khan student of engineering university peshawar i need of ur help…ur help will help n my continuation of study

  9. Aslamoalaikom I am student of mphil Islamic s final semister and want to PhD Admission with helP ur finamce

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