Interest Free Loan for Students in Pakistan

National Bank of Pakistan in collaboration with four other major commercial banks in Pakistan is offering interest free loans for students. These interest free loans are aimed at helping students who need financial assistance to continue their education.

Loans are provided to students enrolled in the disciplines of scientific, technical or professional education within Pakistan at graduation, post-graduation or PhD level.

The loan amount will cover educational fee, boarding charges and textbook expenses, but will not cover meals.

Student will be required to repay the loan amount in a maximum of ten years starting for the date of loan disbursement. First loan installment will start one year after completion of education for which the loan was obtained or one year after getting first job, whichever comes earlier.

Student should already have secured admission in any of 71 approved colleges or universities (PDF, 93KB) in Sindh, Punjab, NWFP, Balochistan, Islamabad, Azad Kashmir and Northern Areas.

It is is required the student should have received 70% or more marks in last public examination. There is also age restriction for applying for this interest free educational loan program.

List of approved subjects for study is:

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

Application forms for this interest free student loan could be obtained from designated branches (PDF, 93KB) of National Bank of Pakistan (NBP), Habib Bank Ltd. (HBL), United Bank Ltd. (UBL), MCB Bank Ltd. (MCB) and Allied Bank Ltd. (ABL). Further details about this scheme could be found on the National Bank of Pakistan’s webpage for student loan.

Last date to submit application is February 27, 2010. Please share this news with any student who might be in need of financial help.

Via PkTaxal


  • NBP is offering interest free loan since 2002. A very nice move for the students but i have seen seldom students applying for this loan (don`t know why. may be due to the fact that its loan not aid/scholarship). First woman bank is also disbursing loans to female students for higher studies (local+foreign) at utmost favorable 6% rate of interest (other banks charged double of this or more)

  • how many students secure 70% in graduation except those who have GPA system

    Useless for B.A, B.Sc & B.Com students as the highest score in these exams is 70-75%

  • pleas inform me about the student loan from the pakistani banks and what is the last date for the application submition thanks to all of all.

  • I want a bank loan for study purpose and iam doing acca for that purpose i need it and i have secured 63% in cbes

  • In some studies its very difficult to get 70% marks in each year..em student of bradford university (UK)and doing BEng software at namal. i got 69.4% marks then wt can i do for getting loan….my financial condition is not so strong to study……. plz inform me about my loan….!

  • i need student loan for completion of my MBA.i m v.upset due to fees.i have no sufficient resources to fulfill that purpose.i want to make bright my future.

    • Dear Sir,
      I beg to say that my son Hassan Bokhari has been selected for Engg Study.in GIKI , PIAS & NUST but
      iam niot in a position to pay the expences.Kindly reply if you can help for loan to get admissision in any university..Last date is25 th August 2010 to pay dues.
      Safdar Bokhari
      Father of hassan bokhari H# 3 St# 8 ,Green Park ,Sultan mahmood Road ,shalamar town ,Lahore Ph,No.35009927, Cell 0333 – 4474642.

    • Attention!

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      & medium term business loan at urgent basis?

      So don’t you worry because we
      are providing loans according to your needs? Without any interest, hidden
      charges and markup also suitable return back payments (3-10 years).

      Following documents are
      required:

      1. Identity card/passport colored scanned Copy.

      2. Any utility bills colored scanned copy (home or business
      point)

      3. Fresh passport size colored scanned picture.

      4. Attested bank statement scanned copy.(without any time
      limitation)

      5. Business proposal or personal utilization
      proposal

      Pleas Contact us on this number Mr,Malik Asif 0320-1403952

  • salam sir my name is qasim iqbal am student of UNIVERSITY OF THE PUNJAB, HAILEY COLLEGE OF COMMERCE , sir my graduation is going 2 complete i want 2 start Professional Stidies CFA i want 2 get study loan ,can u tell me about it

  • Assalam-O-alaikum

    This is Ali Asim from LalaMusa, just wanna know about for student loan for the students who wish to study abroad…?
    Please inform me as soon as possible.

    with Regards

    Ali Asim

  • dear sir,i have done my fsc but due to financial weakness i was unable to continiue further study plz give me information about all type of student loan because i need it.thnx.

  • dear sir,i have done my fsc but due to financial weakness i was unable to continiue further study plz give me information about all type of student loan because i need it.thnx

  • sir .i need laon for m.phil study without interest .and my marks percentage in msc 69.1%.plz inform me and thnk u

  • HI i really need loan to complete my study .plz inform me how to apply and about the terms and condition.

  • dear sir assalam-o- alako….. sir i have been passed my Fsc(pre medical) in the year of 2007. sir i m very fond of to get medical education and to be a doctor and help the poor huminity but unfoftunatly i belong with very very poor family and cannot tolerate the expendeture of any private medical college if sir you kindly give me loan that i can able to maintain my study so i ll be very thankful to you for your this grant of action…..thank you your obedently.Mr muhammad saeed.contact number 03465270847

  • AoA
    i m employee in University of Education Township Campus LAHORE.I have seen many students who have obtained great marks in Previous Education but refuses due to admission fee.
    they cannot pay. Kash ma unk liye kuch kr sakta.
    Mere Request hai k ye schemes Admission Start honay se Pehle hr College r university ma publish kr deni chahiye.
    ta k maximum people take benefit from it.
    Thankssssssssss
    Love you All

  • sir, my name is ejaz ul haq and i m studing in Hazara University for my BBA degree but sir due toi our currnet financial position i have to face of many difficultoies and problem and its all effect my studies so plz is burry waqt may mera help kry. so i have need of student loan without interest. i shall be very thankful to you for this act of kindness. umeed hy aap meri help zarur karyenge.

  • dear sir,i have done my fsc but due to financial weakness i was unable to continue further study plz give me information about all type of student loan because i need it.thnx

  • i LIKE THE WAY OF HELPING THE NEEDY STUDENTS IN PAKISTAN,
    I ALSO HOPE IT WILL CONTINUE FOR YEARS.
    REGARDS
    ABDUL HUSSAIN KHARAWALA

  • dear sir,i have done my fsc but due to financial weakness i was unable to continue further study plz give me information about all type of student loan because i want to complete my studies.

    • Attention!

      Are you looking for a short
      & medium term business loan at urgent basis?

      So don’t you worry because we
      are providing loans according to your needs? Without any interest, hidden
      charges and markup also suitable return back payments (3-10 years).

      Following documents are
      required:

      1. Identity card/passport colored scanned Copy.

      2. Any utility bills colored scanned copy (home or business
      point)

      3. Fresh passport size colored scanned picture.

      4. Attested bank statement scanned copy.(without any time
      limitation)

      5. Business proposal or personal utilization
      proposal

      Pleas Contact us on this number Mr,Malik Asif 0320-1403952

  • Hello,

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    Mrs, John Mary

    • I am student of pharmacy,in punjab university lahore.i want to get the loan to continue my studies.i have got 87%marks in last exam.am i eligible for this loan ?

    • hello.
      mam if you can offer me loan to complete my BE in aerospace engineering. i’ll be thankful to you. i am doing my BE from institute of space technology islamabad(pakistan) in aero department.

    • My name …………………..Ghulam Mustafa
      My address………………..staff club ffc 3 twon ship taluka mir pur mathelo Distt: ghotki sindh pakistan
      My country………………….pakistan
      My occupation…………….car tekar
      Loan Amount Needed……10,00,000 lakh pakistni rupees
      Loan Duration:……………..10 year
      Monthly Income:…………….15000
      Cell phone Number………..+923053233989

  • dear sir,
    desrve student belong to poor family living in rural areas of sindh,baloachistan could not approach / facilitate due to no encouragement by concern quarters,,,,, i have lot of examples.

  • i need loan to study in giki. i just got admision there but i dont have enough money to pay the dues.

  • I found this opportunity very provoking and want to apply for loan for my education. I am doing BS Hons in commerce. Please send further details regarding it on ([email protected]).
    Thanks

  • sir i need loan for m.phill ,. i have completed my B.sc agri economics from university of agricultural Faisalabad at CGPA 2.85/4.00/.. i need financial support for further study,.. please inform me if u can


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