National Bank of Pakistan Pursuant to the announcement made by the Federal Finance Minister in his 2001-2002-budget speech, a STUDENTS LOAN SCHEME (SLS) for Education was launched by the Government of Pakistan in collaboration with major commercial banks of Pakistan (NBP, HBL, UBL, MCB and ABL). Under the Scheme, financial assistance is provided by way of Interest Free Loans to the meritorious students who have financial constraints for pursuing their studies in Scientific, Technical and Professional education within Pakistan. 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 ELIGIBILITY: • Under the scheme the students are eligible to apply for 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:-
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:-
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 one year from the date of first employment or one year from the date of completion of studies, which ever is earlier. Under the Scheme, loans is available in the following subjects.
IMPORTANT INSTRUCTIONS: Application Form will not be entertained if the same is not properly & duly filled in and found missing therewith the following documents. i) Three Photographs of Student attested by not below the rank of BPS-17. ii) Attested photocopies of Fee Challan raised/demanded by the Educational Institution and Boarding expenses (excluding meal charges). a) Income certificate from the employer i.e. Government/semi Government/ Private service b) Income Certificate from the area counselor of the Union Counsel i.e. for self employed iii) Attested photocopies of: - a) Domicile b) Computerized N.I. Card. iv) Attested photocopies of all educational certificates a) Secondary School Certificate b) Higher Secondary Certificate c) Degree(s) d) Marks Sheet/Transcript (Last Examination) v) A certificate (in original) from the Vice Chancellor/ Principal/Registrar of the concerned University Letter Head confirming date of admission and completion date of study. vi) Four un-stamped self-addressed envelope (5 X 11). OTHER INFORMATION:
Mr. Shamim Iqbal, Vice President, Students Loan Wing, Credit Management Group National Bank of Pakistan, Head Office, Karachi Telephone No. 021-99213026 and 99212100- Ext.2637. Fax. 021-99213021 Email nbpstudentloan@nbp.com.pk SCHEDULE OF EVENTS:
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