State Bank of Pakistan (SBP) provides financial aid in the form of merit scholarships (up to OG-2 level) to the gifted and deserving children of its active, retired, and deceased employees who are enrolled in Intermediate. degrees of graduation and post-graduation.
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Applications on the required form are being accepted by qualified candidates for the Merit Scholarship Scheme 2022–23.
State Bank Of Pakistan SBP Scholarship Program 2023
Eligibility for SBP Merit Scholarship:
- Courses and Subjects:
All disciplines for Intermediate, Graduation, Post-Graduation, and Diplomas (duration minimum six months).
- Educational Institutions:
- The award of scholarships for Intermediate, Graduation, Post-Graduation and Diploma Courses will be considered only those students who have taken admitted in Colleges, Universities, Technical Training Institutes and other Degree Awarding
- Institutions (DAIs) duly recognized by the relevant authority/body (HEC, BIEK, BISE, IBCC NAVTTC, PEC, PMDC, TEVTA etc).
- Levels of Scholarship:
| Enrolled in Program | Previous Qualification | Amount (Monthly) |
| Intermediate | Matric / 0-Levels | Rs. 7,330 |
| Graduation | Intermediate / A-Levels | Rs. 9,330 |
| Post-Graduation | Graduation | Rs. 13,328 |
4. Eligibility Criteria:
- Children of SBP employees (serving / retired / deceased) upto OG-2 level who have passed their last exams (Matriculation / 0-Levels / Intermediate / A-Levels / Graduation / Diploma) in any year with minimum “B” Grade or at least 60% Marks.
- In case of grades mentioned in GPA / CGPA format, the candidate must provide certificate from the concerned institution stating the grading policy with G PA’s corresponding percentages and minimum GPA requirements.
- The candidates must have secured admission in recognized educational institutions in Pakistan during the calendar year 2021 and afterward.
- The students are not in receipt of scholarship from any other institution or the Government.
- Duration of the enrolled program must be mentioned clearly on the application form and supported with documentary evidence from educational institution.
- Minimum duration of diplomas should be 6 months.
- Admissibility /Withdrawal:
- The scholarship will be granted in order of merit and in accordance with the prescribed quota for each course to those candidates who strictly meet all the eligibility conditions mentioned in this advertisement.
- Scholarships under this scheme cannot be claimed for same level of education twice.
- Disbursement of scholarship during each subsequent year / semester will be subject to submission of progress report of the last examination undertaken by the student.
- The scholarship will be withdrawn where children fail or do not appear in the examination.
How to Apply for SBP Scholarship Program?
Eligible candidates shall submit their applications to the Senior Joint Director-EBD, Human Resources Department, State Bank of Pakistan, I. I. Chundrigar Road, Karachi, latest by January 10, 2023. Application Form can be downloaded by accessing the link https://www.sbp.org.pk/Scholarship/App-Forms-Merit-Scho.PDF
Quick Links
- Visit Program
- Zahid Hussain Post Doctoral Research Fellowship Program at State Bank of Pakistan
- SBP Merit Scholarship Scheme 2022-23
- SBP Merit Scholarship Scheme – Application Form
