State Bank Merit Scholarship -2023 [Employees Only]

The State Bank of Pakistan (SBP) has launched the Merit Scholarship Scheme 2023, offering scholarships to the academically gifted children of its active and retired employees at the OG-2 level. The program provides financial support to deserving and needy students pursuing education at the Intermediate, Graduate, and Post Graduate levels. Eligible students pursuing Intermediate, Graduation, Post-Graduation, and diploma courses (minimum 6 months) in any discipline may apply for the SBP Merit Scholarship. The last date to submit applications is 20th February 2023.

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Scholarship Details

The State Bank of Pakistan Merit Scholarship program is for the children of its employees, both current and retired, who are working at the OG-2 level. It provides financial support to students pursuing education at the Intermediate, Graduate, and Post Graduate levels in any discipline. The scholarship is awarded based on academic merit and is open to students enrolled in courses with a minimum duration of 6 months. The offered scholarships to awarded students are as under:

  1.  Intermediate Program:
    • Last Qualification: Matric/O-Levels
    • Scholarship Amount: Rs 7330/-
  2. Graduation Program:
    • Last Qualification: Intermediate/A-Levels
    • Scholarship Amount: Rs 9330/-
  3. Postgraduation Program:
    • Last Qualification: Graduation
    • Scholarship Amount: Rs 13328/-

Eligibility Criteria

State Bank of Pakistan Merit Scholarship Eligibility Requirements:

  • Children of current or retired SBP employees, or deceased employees, at OG Level 2.
  • Obtained a minimum of 60% marks or B grade in Matriculation, Intermediate, Graduation, or diploma courses.
  • GPA/CGPA grades must be accompanied by a certificate from the institution indicating the grading policy with equivalent percentage marks.
  • Enrolled in an educational institution during or after 2021.
  • Not receiving any other scholarship.
  • Minimum duration of 6 months for diploma courses.
  • Course duration must be mentioned in the application form.


How to Apply

The State Bank of Pakistan Merit Scholarship application process involves the following steps:

  • Download the application form: The application form for the scholarship can be downloaded from the official State Bank of Pakistan website at
  • Fill out the application form: Once the form has been downloaded, fill it out completely and accurately.
  • Deadline for submission: The last date to submit the filled-out application form is February 20, 2023.
  • Submit the application form: The completed application form should be submitted to Mr. Amjad Ali, Senior Joint Director of the Human Resources Department, State Bank of Pakistan, II Chundrigar Road, Karachi.


Important Points

  • It is for talented students who have shown excellent results in their previous classes.
  • The State Bank of Pakistan Merit Scholarship is open to the children of current and retired employees of the bank who hold an OG-2 level position.
  • Provide all information completely to be considered for the scholarships.
  • The applicants must have all the required transcripts of their educational career.
  • The scholarship will be cancelled, even after approval, if the awarded students fails in the examination or does not appear in the examination.
  • The candidates will be chosen on merit and will be as per designated quota.



  • Last date to submit applications: February 20, 2023




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