Loans for Students, Students Loan Scheme 2021

Loans for Students, Students Loan Scheme 2021:

Get the Loan for Studies. In this article, I will elaborate on how can you get a Loan for your Studies. There is the Student Loans Scheme. Many students want to study in the best colleges, universities, or institutes, but they cannot complete their Education/Studies due to poverty and lack of money. [Mujahid Force Jobs 2021! Jobs in Pakistan Army]

Many of the Parents want that Their Children will Study in the Best College or Institutes. But they cannot afford their Educational Costs and Fee etc. Such types of Parents can fulfill their and children’s dreams by getting loans for Students from the National and Many Other Banks to continue the Studies of their Children.

By this Scheme, You can get loans with zero percent (0)% interest. If you are a Student, You can get this Loan. And If you are a Parents of Student You can get loans for Children’s and fulfill their to study in the best institutes. You can get these loans for students from the National Bank of Pakistan (NBP, HBL, UBL, MCB, and ABL). 

Eligibility Criteria for Students loan Scheme:

The Students that fulfill the following criteria are eligible for this Students Loan Scheme and can easily get a Loan for Studies.

1. He/She has obtained admission on merit through normal course/procedure in the approved Universities/Colleges of the public sector (List Attached) mentioned hereunder.
2. The Candidate should fall at the time of admission within the age bracket of :

For Graduation                  Less than 22 Years

For Postgraduation           Less than 32 Years

For Ph.D.                            Less than 37 Years

3. The Candidate should secure a minimum of 70% Marks in the Last Public Examination.

4. The student should be unable to pursue studies due to financial constraints.

5. The Student should have to take the Study of approved Subjects given below.

Approved Subjects:

• Engineering
• Electronics
• Oil Gas and Petro-Chemical Technology
• Medicine
• Agriculture
• Physics
• Chemistry
• Biology, Molecular Biology & Genetics
• Mathematics
• Natural Sciences
• LLB/ LLM
• Computer Science / Information Technology
• Economics, Statics, Econometrics
• Business Management Sciences
• Commerce

Types of Loans:

The loan facility will be available for the entire duration of the study for:-
➢ Schedule Fee — Paid Directly to University or Colleges

➢ Boarding expenses excluding meal charges — Paid Directly to University or Colleges

➢ Procurement of textbooks — Disbursed directly to the student

Repayment:

The maximum payment of repayment of the loan is 10 Years from the date of disbursement of the 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, whichever is earlier.

Link of Approved Colleges of Institutes:

For Looking the Approved Institutes for this Loans for Students Scheme Click the link below:

Approved Institutes

 

For More Information about this Students Loan Scheme of National Bank, You can visit the Following Link

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

 

Download Application Form By Click HERE

APPLICATION FORM

For More Details, You can VIsit their Official Website of NBP