Student Loan Scheme 2021 in Pakistan Details of Eligibility Criteria

Student Loan Scheme 2021 in Pakistan

Briefly About the Student Loan Scheme


Following the announcement made by the Federal Finance Minister in his 2001-2002 budget speech, the Government of Pakistan was established in partnership with Pakistan's largest commercial banks (NBP, HBL, UBL, MCB and ABL). Under the Scheme, financial assistance is provided in the form of Free Loan Loans to eligible students who have financial difficulties continuing their studies in Scientific, Technical and Professional education within Pakistan.

The scheme is headed by a strong executive committee comprising the Deputy Prime Minister, the State Bank of Pakistan, the Presidents of commercial banks and representatives of the Ministry of Finance, the Government of Pakistan.

Scheme Manager: Pakistan National Bank.

Student Loan Scheme - Eligibility Details

Scheme Terms

QUALITY

• Under the program students have the right to apply for a loan offered:

i) You have received proper recognition through the normal course / procedure in

Universities / Colleges accredited in the public sector (List Attached)

mentioned below.


ii) You fall during the induction period: - -

Graduated for no more than 21 years

Post-Graduation for no more than 31 years

For Ph.Ds Not Over 36 Years

iii) You scored 70% in the final community examination.

iv) Do research on the topics given below.

v) Unable to study due to financial constraints.

TYPES OF LOANS

Borrowing space will be available throughout the course of: -

➢ Schedule Fee

 Paid directly to the file

Expenses Cost of travel other than food costs University / College

➢ Purchase of textbooks --- Directly sent to the student

CHARGING

The maximum loan repayment period is 10 years from the date of initial disbursement

installment. The borrower will repay the loan in monthly installments after six months from

date of first appointment or one year from the date of graduation, whichever is applicable

before.

APPROVED TOPICS

i) Engineering ii) Technology

iii) Oil Power and Petroleum Chemical Technology iv) Agriculture

v) Medicine vi) Physics

vii) Chemistry viii) Biology, Molecular Biology & Genetics

ix) Mathematics x) Other Natural Sciences

xi) MEDICINE and Islamic Jurisprudence

(LL.B / LL.M Sharia)

xii) Computer Science / Information

System and technology including hardware.

xiii) Economics, Mathematics and Economics xiv) Business Management Science

xv) Commercial

MORE INFORMATION

Application forms are available at designated branches

mentioned above or can be downloaded from the National Bank of Pakistan

Website www.nbp.com.pk/studentloan

➢ Students are advised to submit (2) two sets of Student Loan Applications

Form.


Students Students wishing to obtain a loan under the Scheme can apply on

the prescribed form of financial assistance depends on him

Proper admission by standard procedure to Universities / Colleges

mentioned earlier.


➢ Applicants must submit / submit their applications in the prescribed manner

the form, duly completed in all forms, at the designated branches indicated

against each University / College on a given day. Incomplete application

you will not be happy.


➢ Students who have already used the center for the past year / year

You do not have to apply.


For further clarification and guidance, applicants may contact Mr. Muhammad Tahir Hafeez, VP / Wing

Head, Students Loan Wing, National Bank of Pakistan, Head Office, Karachi.

Phone 021-99220026, and 021-9922100- Ext. 2607 Fax 021-99220421.

ONLY APPLICATION RECEIVED BY

BRANCH BRANCHES OR BEFORE 31

ST MARCH

2020 IT WILL BE HAPPY. LOAN ASSURANCE IS POSSIBLE


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