State Bank of Pakistan SBP 2024 Merit Scholarship Program

State Bank of Pakistan SBP has launched its Merit Scholarship Program for 2024, aimed at supporting the educational pursuits of the children of SBP employees serving, retired, or deceased at OG-2 level. This scholarship provides financial aid to deserving students, enabling them to continue their education at the intermediate, undergraduate, or postgraduate levels. The students can check latest updates of State Bank of Pakistan SBP 2024 Merit Scholarship Program.
Eligibility for the SBP Merit Scholarship 2024
To be eligible for the SBP Merit Scholarship, applicants must meet the following conditions:
Must be the children of current, retired, or deceased employees of SBP OG-2 level.
Must have secured at least a B grade or 60% marks in the most recent examination Matriculation, Intermediate, Graduation, or diploma courses.
If the results are in GPA/CGPA form, students must submit an official letter from their institution detailing the grading system and its equivalent percentage.
Applicants must have been enrolled in a recognized educational institution in 2022 or later.
Applicants should not be recipients of any other scholarships.
Diploma programs should have a minimum duration of six months, and the duration must be mentioned in the application.
SBP Merit Scholarship 2024 Monthly Stipends
The stipend amounts offered under the SBP Merit Scholarship vary according to the level of study:
PKR 9,016 per month for students at the Intermediate level 200 scholarships available
PKR 11,476 per month for Undergraduate students 100 scholarships available
PKR 16,393 per month for Postgraduate students unlimited scholarships
How to Apply for the SBP Merit Scholarship 2024
Eligible students can apply for the SBP Merit Scholarship by downloading the application form from the State Bank of Pakistan’s official website.
After completing the application, candidates must submit the form, along with the required documents, to Mr. Amjad Ali, Senior Joint Director of the Human Resources Department at the State Bank of Pakistan, located on I.I. Chundrigar Road, Karachi.
Application Submission Deadline
The deadline to submit applications for the SBP Merit Scholarship 2024 is November 4, 2024. It is advised that applicants submit their forms before the deadline to avoid any delays or issues with processing.