Student loans by National Bank of Pakistan

By on February 24, 2013 with 133 Comments

 

Student loans are always a good way to fully or partly finance your education.

National Bank of Pakistan is offering interest free student loans to all students of Pakistan (Qarz e Hasna) The loan covers the actual tuition fee, living expenses and cost of books. It is available both at the bachelors level and at the MS level as well.

The repayment of loan starts once you graduate and get a job or one year after graduation. You just pay back the principle amount and no interest. You have to pay back the loan in 10 years which makes it really easy to pay it back.

Lets take an example. Let us say you want to study BBA. It is a four year program with average and typical tuition fee of Rs 60,000 per semester. So in four years you ll take a loan of 60,000 X 8 = Rs 4,80,000/- for payment of tuition fee and around Rs 8000 per month as living expenses which comes to around Rs 400,000. So the total loan would be around Rs 900,000. You have to pay this back in 10 years so your monthly installment would be Rs 8000 per month which you can easily afford after getting a job.

The NBP student loan is available in the following areas of studies.

Engineering, Electronics, Oil Gas & Petro-Chemical  Technology, Agriculture, Medicine, Physics, Chemistry, Biology, Molecular Biology & Genetics, Mathematics, Other Natural Science, Dawa and Islamic Jurisprudence , (LL.B/LL.M Sharia) , Computer Science/Information, System and Technology including hardware ,Economics, Statistics and Econometric, Business Management Science, Commerce

You need to have secured 70% marks in your last examination to be eligible for this loan.

You can apply and get more information including application forms  at

http://www.nbp.com.pk/studentloan/

 

If you have any questions you can ask it in the discuss forum below and I ll try to answer it shortly

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Category: Scholarships

  • Nayab Kanwal

    I am studying in Dow University Karachi. I am in second year (3rd Semester) of Medicine, i got 3.79 gpa & 3.59 gpa in my 1st and 2nd Semester respectively. I have to ask you two question, first i am eligible for loan or not? second how can i apply for the loan and what is the duration of this process?
    Sicerely, Nayab Kanwal

    • jehanzeb_ahmad

      Dear Nayab,

      As per your CGPA you are definitely eligible for a student loan. The other condition is that you should be a student of a public sector university. I have checked and DOW university of health sciences is listed as a public sector university on the HEC website. Therefore you can directly apply for a student loan.

      Just go to this link

      http://www.nbp.com.pk/studentloan/

      and download the PDF application form. Fill it and submit it directly to the bank branch nearest to your location. You would need signature from your university admin on these forms.

      You can contact directly or by phone on the following information below if you have any problems

      Mr. Shamim Iqbal, Vice President,
      Students Loan Wing,
      Credit Management Group
      National Bank of Pakistan,
      Head Office, Karachi
      Telephone No. 021-99213026 and 99220100- Ext.2637.
      Fax. 021-99213021

      Email nbpstudentloan@nbp.com.pk

      Good Luck,

      Jehanzeb

      • Nayab Kanwal

        Thanku soo much for rplying, i’ll apply asap. One more thing to ask is there any sort of lucky draw or they just grant us loan?

        • jehanzeb_ahmad

          Dear Nayab,
          There is no lucky draw. Decision is need and merit based. Most students do get approved for these loans based on my experience. The actual loan amount might be less than what you ask for.
          Don’t worry about the session year 2012. I think they haven’t updated the forms. The same form should be ok for 2013 / 2014.
          regards

          Jehanzeb

          • SHAHZAD HUSSAIN

            SIR I STUDY B.TECH(ELECTRONIC) AT SARHAD UNIVERSTY AND BEFORE THIS I PASS MY DAE BUT MY PER IS 67% NOW I CAN TAKE THIS LOAN OR NOT

          • jehanzeb_ahmad

            Dear Shahzad
            I am not 100% sure but I think diploma course students are not eligible for student loans. You ll just have to check with NBP directly on this matter.
            Jehanzeb

          • anwar faris

            sir

            i am student of electrical power engineerin studyng in comsats abottabad.i am eligible or not for this loan

          • jehanzeb_ahmad

            Dear Anwar
            you are eligible for this loan.

          • jamshaid banagsh

            salam sir i am stdent of D.Pharmacy in comsats abbottabad now i cleared 2nd semester with 2.8 gpa mean 73.4percentage…….but total in total ist semester and 2nd semester i have got 2.23 gpa.so i am eligible or no…and its depend on last semester result or whole year result…my name is jamshaid bangash

          • jehanzeb_ahmad

            I think it says ” last exam” so I would assume it would be last semester. Please check with NBP to be sure

          • Fahim Akram Kasana

            sir tell me about 2014 programe..

        • Guest

          nice question

      • Nayab Kanwal

        I have downloaded the form but here it is written Application Form for Students loan session 2011-2012. So is it ok?

  • Mujtaba Ahmed Qadri

    As this loan is for Pakistani students do you have any idea to get loan if one wants to study abroad?

    • jehanzeb_ahmad

      Dear Mujtaba,
      Currently there are no student loans for studies abroad. You will be much better off with a scholarships. There are many many scholarships for Pakistani students who want to study abroad. Just check the scholarships section on my site.

      regards

      Jehanzeb

  • sohail ahmad

    sir when it will star in the year 2013?

    • jehanzeb_ahmad

      Dear Sohail
      There is no start or end date for these loans. You can apply any time. Just visit your nearest National bank branch for getting forms and other information or go to the link I posted above in my post.
      Jehanzeb

  • sohail ahmad

    sir where i can submitt this form ?

    • jehanzeb_ahmad

      Any branch of NBP in your area

  • abdul

    last date of student loan in 2013???

  • Princess Fouzia

    plz send me the list of nbp student loan scholarship 2013.that is recently updated????

    • jehanzeb_ahmad

      The NBP student loan list for 2013 is not available with NBP yet. You should check their site again after some time.
      regards,
      Jehanzeb

      • muhammad imran joiya

        sir i am student of b.s.c(honour) agriculture at gomal university D.I.KHAN

        now i am in 4th semester and my percentage is 76% in all semesters

        sir due to economical problems my faimly c,nt afford my university fee and living expences

        sir i wnt to get student loan

        guide me i will be thank full to u

  • Rehmatullah wazir

    Respected Sir,

    i need more information about NBPL Student loan. when it starts, from i will get its form and what is procedure of apply?

    my e-mail is khan75wazir@gmai.com

    thanks

    • jehanzeb_ahmad

      I have given the link of NBP loan on my post above. Just click on that link and it will take you to the right page of NBP.
      regards
      Jehanzeb

      • Ahsan ali

        Sir iam pass DAE CIVIL i got 75% marks and can i apply for loan

    • Rehmatullah

      Respected Sir,

      I need information about PM ICT&RDF Scholarship 2013.

      i did visited their website but i am still not clear, how to apply and i do not want to take the coaching class then when and how should i apply?

      • jehanzeb_ahmad

        Dear Rehmatullah,
        Are you doing FSc right now?, if yes then check if your college is in the approved list of ICT fund. Its available on their website in PDF format.
        If you school or college is in the approved list then you ll have to apply and there will be a test. If you clear that test, then you ll get full scholarship for four years for undertaking your studies in an ICT related discipline.
        regards

        Jehanzeb

    • imran

      Respected Sir,
      Please tell me when come 2013 policy loan. can i applay at this time. in july

  • http://www.facebook.com/rehanullah.khan.507 Rehanullah Khan

    sir ,i am engneering from uet peshawar.i will give a separate test for student loan?

    • jehanzeb_ahmad

      There is not test for the student loan. Just apply
      Jehanzeb

      • imran

        Respected Sir,
        Please tell me when come 2013 policy loan. can i applay at this time. in july

  • Hasan Urfi

    Is it possible can an overseas international student can apply for this loan? i need almost 6 lacs for a semester.. i need it only for one time not for every semester

    • jehanzeb_ahmad

      Dear Hasan
      Unfortunately these loans are for studies within Pakistan in specific disciplines and not for overseas students.
      If you are doing a PhD abroad then you can get a one time grant of US$ 15000 from HEC to complete your PhD. since its a grant you dont have to return it either!!, but as such no loans. You will be better off trying to get a loan from a bank in the country where you are currently residing.
      Jehanzeb

      • http://www.facebook.com/meintasarulhaq Intasar Ul Haq

        sir kindly share a link for online registration form for student loan,
        waiting

        • jehanzeb_ahmad

          Replied in your earlier question on the same topic
          Jehanzeb

  • Muzaffar

    I am studying in a Private Sector Univeristy. Am i eligible for any kind of study loan like Qarz e Hasna?

    • jehanzeb_ahmad

      Dear Muzaffar
      Student loans are for public sector university students only, however you might be eligible for some scholarships. See the scholarships section on this site. It might be helpful.
      regards
      Jehanzeb

  • http://www.facebook.com/meintasarulhaq Intasar Ul Haq

    sir kindly share a link for online registration form for student loan,
    waiting
    regards,

    • jehanzeb_ahmad

      Dear Intasar

      The link for national bank student loans is

      http://www.nbp.com.pk/studentloan/

      Just go to this page and click on download form on the right side menu

      Jehanzeb

  • jannat koko

    when will be student loans given to those students who has applied for this scheme in 2012

    • jehanzeb_ahmad

      Dear Jannat
      I am not sure as you have to check with the bank directly. In my experience it usually takes around 6 months of processing time.
      regards
      Jehanzeb

  • Farrukh Shykh

    Sir, when NBP student loan scholarship 2013
    vl b announced any idea………… waiting 4 swift rep

    • jehanzeb_ahmad

      Dear Farrukh
      Just check the NBP website on the link I provided in my post above for more updates for 2013.

      regards
      Jehanzeb

  • Najeeb

    If a student who is good, has got 6.5 band in Ielts which allows him to get education in a good university in Australia , but he had got 67% in his last education which is Intermediate(Commerce) and have 4 years gap, is he eligible to apply for the loan? as he badly needs it, reply would be highly appreciated, Thanks!

  • Najeeb

    If a student who is good, has got 6.5 band in Ielts which allows him to get admission in a good university in Australia for Bachelors in Accounting(3 years) , but he had got 67% in his last education which is Intermediate(Commerce) and have 4 years gap, is he eligible to apply for the loan? as he badly needs it, reply would be highly appreciated, Thanks!

    • jehanzeb_ahmad

      Dear Najeeb,
      These student loans are only for studies within Pakistan and that also in Government Universities only. Therefore you will not get these for studies abroad.
      regards
      Jehanzeb

    • jehanzeb_ahmad

      Dear Najeeb
      These student loans are not for foreign education, but only for Pakistan.
      Try to get a scholarship instead.

      • Najeeb

        Thankyou so much for being concerned Sir! :) Ok i am looking for such scholarship now

  • faisal jasmhed

    what about social science student they will jot apply for it

    • jehanzeb_ahmad

      Just check with NBP, but according to their website social sciences is not included but some fields like economics etc are included.

  • shad muhammad

    sir please inform me when loans is announced for 20313

    • jehanzeb_ahmad

      Ok sure., but keep checking the nbp site as well

  • Majid Albaloshi

    sir can i recieve a loan of rupees of 30 lakh for a private college in pakistan

    • jehanzeb_ahmad

      No. Student loans are for Government universities only

  • Ghulam Mustafa

    5 lakh need me I’ll head poultry farm is open plz help me my mobil number is 03053233989 God’s sake help me.

    • jehanzeb_ahmad

      This is not the forum for asking financial help for poultry farms. Please go to a bank.

  • hamza

    Sir i am the student of bs.graphic design in bzu multan .i am eligible or not for this loan?kindly help me

    • jehanzeb_ahmad

      NBP loans do not cover Graphic design, however do check with MCB. They are also giving student loans.

  • bilal

    assalam0oalaikum sir m doing acca .but i got 67% marks in my last fsc exams which i did from cadet college.sir i disparately need loan for my studies just 1 lac rupees sir plz confirm me could i be eliglble for getting loan ??? sir if there z any possible be kindly ensure me

    • bilal

      sir plz kindly inform me if there is any possible way

    • jehanzeb_ahmad

      Dear Bilal
      By last exam it doesnt necessarily means Fsc. If you did better in your last ACCA exam you can still qualify.

  • Asif

    Dear Sir, is there any loan facility available for post graduate students like MBA for IBA ?

    • jehanzeb_ahmad

      Yes these are available for MBA.

      • Asif

        Thanks for the early reply, at which branch of NBP shall i go for the processing?

  • Farhaad Ghaffar

    Dear sir
    I got 75% marks in fsc and now i am doing mechanical engineering from M.A.J.U Islamabad and i am in 2nd semester but my 2.67 GPA is not up to the mark.Am i eligible for any loan facility.kindly have a glance on my request.

    • jehanzeb_ahmad

      Dear Farhaad,
      Students loans are for students studying in Government (pubic sector) universities only. MAJU being a private university, you will not be eligible for the loan. Try the various scholarships available at MAJU. They do support needy students.
      good luck
      Jehanzeb

  • Sh-Hafiz Noman

    what is the date of announcement of nbp student loan 2013 in lahore

    • jehanzeb_ahmad

      Student loans are announced on the nbp website each year. I have posted the link in my post above. Check that link out.

  • ARSLAN NASIR

    salam , sir i got my 1st instalment of student loan but it could not be
    renewed yet… some of my fellows got te 2nd installment but me and
    many of my class fellows waiting for renewal of loan … what could b
    the reason ??? m a medical student 4rm QAMC BWP

    • jehanzeb_ahmad

      There could be many reasons, however I think you are required to submit satisfactory report from your college to nbp to get the next installment. I think that report is missing. Check with nbp directly as well
      Jehanzeb

  • Syed Shah

    Assala mu alaikum Sir

    I am Pakistani National and studying in London these days.
    My family is passing through financial difficulties due to which they can’t afford to send me my living expenses.
    Is there any possibility to get a loan or something on which I can make my livings Thanks
    Regards

    • ahmed

      yar bhai jan aap koi part time job q nie kr letey uk me??

    • jehanzeb_ahmad

      Pakistani banks do not give loans for people residing outside of Pakistan. You should try getting a loan in UK, or try to find part time work.
      regards
      Jehanzeb

  • abu sufyan

    iokl

    • abu sufyan

      i am student of sargodha universty of sub campus of lahore and i am doing bsit and i have got 2.8 gpa from first smester .can i get thi loan

      • jehanzeb_ahmad

        I think you are eligible as 2.8 CGPA is equivalent to over 70%, which is a requirement for the loan.

  • Aqeel Ahmad

    Sir,
    i am in uet peshawar and doing computer system engg. I have got 2.67 gpa can i got loan from NBP

    • jehanzeb_ahmad

      If your university can give you letter stating that 2.67 is equivalent to 70% or more marks

  • Taimur Baig

    Sir I am student of Mirpur Universiti of Science & Technology (MUST) & i am doing Computer System Engineering & i got 4 GPA in 1st Semester. Can i shall get this loan. I am very needy.

    • jehanzeb_ahmad

      Yes you are eligible. Contact NBP directly or their website for forms etc

  • M Umair arif

    sir i want to get study loan for BY BSCS..
    I got 58% maks in fsc..
    Can i eligible..??

    • jehanzeb_ahmad

      minimum 70% marks are required in your last examination to be eligible for the NBP student loan. So I dont think you will get approval for the loan with this percentage

  • Muhammad Musawar

    Dear sir,
    I have done BSc agriculture and got 76% marks from university of Sargodha. My field is Agriculture
    . Now i want to study abroad in Australia, can i get this student loan?

    • jehanzeb_ahmad

      These loans are for only studies in Pakistan and not abroad. You ll have to get a scholarship for studies in Australia. Try the Australian Aid Scholarships.

  • kelash

    Sir i am the student of Genetics Engineering in hyderabad .i am eligible or not for this loan?kindly help me i want a loan complete my studies

    • jehanzeb_ahmad

      Your university should be in the public sector, Genetics is included in the list of subjects.

  • ayesha

    sir I have done my BBA from university of education. can I get loan for MBA. maximum how much amount will be offered

    • jehanzeb_ahmad

      You have to first get admission in a public sector university and your percentage in BBA should be over 70 percent. then you can get the loan

      • Zahid

        Hello sir i passed B.Com for Collage side now i take a admission in MBA from registered private university its registered from Sindh University of Jamshoro can i apply for the loan please reply me.

        • jehanzeb_ahmad

          Dear Zahid
          Since you have mentioned that you are studying in a private university, so you are not eligible for a student loan.
          regards
          Jehanzeb

  • Huzaifa

    I have got admission in NUCES (FAST) Peshawar campus in engineering, can i get this loan ??

    • jehanzeb_ahmad

      No, FAST is not in the public sector.

  • Zohaib Rao

    IS this loan is in the form of installments or once.? for exapmle 40000 will be in installments or whole will be given by bank?

  • Abdulmuiz

    Asalamulikum
    Dear i apply for comsats i need qarze hasna for studing in comsats lahore campus..so tell me how i get it…

  • John

    i am making plain to study at University of south Asia is it on panel and i did graduation in second division shall i apply for loan ?

    • jehanzeb_ahmad

      No its not, as it is a private university.

  • Malik Noman Jahanghir

    aoa.
    i am studying in air university isb in 5th semester..my 4th semester gpa was 3.8 and my cgpa is 3.42 whichis more than 70%..so can i get loan for my further studies.

    • jehanzeb_ahmad

      Dear Malik
      Yes you can as you fulfill both the conditions. Air university is in the public sector (Government) so you are eligible for the loan.
      Jehanzeb

  • ShÁzeb Zaidi

    I am studying BS CS at Bahria University Karachi. Am i eligible to request for loan?

    • jehanzeb_ahmad

      Dear Shazeb
      Since Bahria University is in the public sector, therefore you are eligible for the loan. You just need more than 70% marks in your last examination which is equivalent to around 2.7 GPA.
      regards
      Jehanzeb

  • jeya safi

    i am a student of dvm in agri uni pesh , as it is is gov uni so i thnk i am eligible for nbp loan….. sir kindly tell me about the date of applying, i will b very thankful to you with the core of my heart.

    • jehanzeb_ahmad

      Dear Jeya
      There is no last date for applying. Just visit any NBP branch and they ll tell you the procedure and give you the forms.
      Good Luck
      Jehanzeb

      • jeya safi

        thank u so much sir :)

  • Farrukh Abbas

    my son has been offered admission in NUST (engineering) on merit. but i have financial constraints dont have funds of Rs.70000/- the admission fee etc for. i am looking for the loan from any where, i am an employee in a private firm

    • jehanzeb_ahmad

      Dear Mr. Farrukh,
      There are no loans that you can avail at the time of admission as far as I know. You will some how manage to pay this fee, and once your son is a student of NUST, then you may have number of options to finance the rest of the education- These include scholarships offered by NUST, HEC, student loans by NBP etc. But at this point, since your son is not a student of any institute without the admission, getting a loan would be difficult.
      Jehanzeb

  • tatheer

    AOA sir,i am planning to apply for dow in medical field,am i eligible to apply for a loan if i get a seat in foreign students list,it costs 6 lakh per year and the other option in dow is merit cum choice base study,that costs 2 lakh per year,my father is a GOVT. servant and last year i got admission in dow but my father couldn’t pay 2 lakh 50 thousand per year,now i want to continue my studies and i want to become a doctor…one thing more sir,do NBP give loan to each and every person who fulfil their requirements….???? AND my admission I.A on how many days NBP could grant me loan?????

    • jehanzeb_ahmad

      I dont think all students get the loan, as the number of applicants is really large, plus the amount of loan you need is also quite big. I am not sure if doing medical on self finance basis is such a good idea. Spending so much money, when your parents can hardly afford it will put you and your parents under a lot of pressure. Doctors dont make a lot of money for the initial 5-8 years, so paying the loan would be difficult. Try to get into a Government medical college on merit, or go for a scholarship.
      regards
      Jehanzeb

  • Muhammad Saqib

    Hello sir..I m currently Studying in Comsats Institute Of information Technology Abbottabad Campus and i m in 5th Semester..I am facing Big problem in paying my tution fee nd other expenses..i recently have not paid my tution fee..my father is unemployed since 2 to 3 years..Somehow my uncle managed to pay my tution fee till now but now he has left us..As i m in 5th semester now so i need bank loan so that i can continue my studies.please help me in this matter..

    Regards:
    Muhammad Saqib

    • jehanzeb_ahmad

      If you had more than 70% marks or around 3.0 CGPA you are eligible for the loan. You should visit any branch of NBP to get the forms etc. In addition you should apply to comsats directly for help. They have an endowment fund scholarship for cases like yours and you can avail that as well.
      Jehanzeb

      • Muhammad Saqib

        Sir in 4th semester i had a semester gpa of 3.4..and my cgpa is 3.02 which is about 80%..can i download the form from NBP website nd then fill it..? Also i want to know that how much time this procedure will take as soon as i apply bcuz i have not paid my dues and i have a very short time..

        • jehanzeb_ahmad

          you have done the basic things, but it will take 3-4 months of processing time, so right now you ll have to arrange funds for paying your fee. It wont be that quick unfortunately.
          good luck,
          Jehanzeb

          • Muhammad Saqib

            Sir i had visited one of the NBP branch today to take the form but they said that Loan has not been announced..it is closed for now..is that true..?

          • jehanzeb_ahmad

            They announce it each year, so you should wait for the announcement. I ll update on my site as well.
            Jehanzeb

          • Muhammad Saqib

            Thank u Sir..Kindly update me Regarding it..

  • Muhammadsultan Pervez

    sir plz universities btae js me admissipn lene se loan pass ho ske

    • jehanzeb_ahmad

      Dear Pervaiz
      For the loan it has to be a Government University (Public sector) and you need to have more than 70% marks. Thats it. Please also see the fields in which loans are available which are mentioned on my site.
      Jehanzeb

  • Faizan

    sir mje btain k hamne jb repayment krni hai nbp ko to hamy koi extra money b deni pary gi? ya jitni ham nbp se study k liye lain gy utni hi wapis krni hai plz tell me.

  • murad

    a.o.a sir i am student of acca sir i am belong to poor family so i need loan to complete my education because i am doind sale man job from start for my education expansis but now it is impossible for me to do job with studies so sir plz i need this loan so sir how i wil get this

  • Adeleke Davido

    Do you need a loan?

    Do you have bad credit?

    You need money to pay the bills?

    You need to start a new business?

    Do you have unfinished project at hand due to poor funding?

    contact us via mail

    standardloan1990@outlook.com

  • imran abbas

    Dear Sir,please inform me when i can apply for the student loan scheme.thanx
    Imran abbas

  • maria

    Sir Im NATIONAL BANK SUBSIDIARY employee … can i get loan for ACCA qualification.. i have done FIA .

  • sohail shahzad

    sir can me get loan 4 my BBA programe now

  • Aqsa Rasool

    i m student of bsit in bzu i have got 3.2 gp can i get this loan

  • S.A.Syed

    I am a student of ms from pu and paid first semester fee but studying in self support evening class and got 3.6 cgpa in last degree(MBA) can i get the loan as i am in selfsupport classes.

  • Ahsan ali

    Sir iam pass DAE CIVIL i got 75% marks and can i apply for loan

  • Hidayat UR Rehman

    sir the universities list of kpk includes mardan campus of uet nwfp???? for this loan

  • Syed Ahmad Arsalan

    A student with more than 70% marks in MPhil, got admission in NUST for PhD Environmental sciences. Is he eligible for student loan? please answer

  • M.Umair

    Sir . I m in UET Abtbd campus. 4 studying ARCHITECTURE. Im in 6th semstr, So tell me that what about the Bank form, which should be signed by any Branch manager NBP.

  • M.Umair

    That either it should be signed by only my neighboring NBP branch manager ,or any Branch manager? B/c Im from peshawar. But studying in Abtbd. Can it be signed in Abtbd., Or only in Peshawar. B/c even the manager in Peshawar will also not know me exactly, Then how?

  • fatima

    sir em dpt student i need loan for semester fee

  • Muhammad Arif

    Respected sir
    My son is student of FAST university of Karachi of Computer science of fourth Semester, further I belong to Jhang Saddar and I am want pay my fee by getting Karza e Hasna, can I apply for it in Karachi r Jhang and what is procedure.