Government of Pakistan announced new loan scheme for only students. Those students who get education in any degree level and they do not have any savings that they can use it and then they can get education for their life. At that time society of labor are too much worried and their children who want to get admission in any sector and they also want to get education that they want but problem is that they do not have large number of resources that they can use it and then they can get education that kind of students can get loan from this government and then they can get education with their own expenses.
Point and main objective that students can get loan from bank under the policy of this scheme and then they can pay their fee but students want to know that when they can get loan then how they can pay profit and interest of that money. This sector announced that students do not need to pay any profit and if any student who thinks that they do not return money before 10 years of 5 years and they think that if they can get more time than they can return home. At that time every student has a separate policy and they think that if they can do degree of 5 years and after that they want to get admission in any specialization degree then they need to get time up to 10 years that kind of students are eligible and they can get loan according to their selected time period.
This government and state bank of Pakistan announced that those students who are worried that at what type of things they need to submit for money than they do not need for that and they just apply for loan. State bank of Pakistan selected 5 banks and they announced that all kind of students can get list of banks and then they can get loan and if they think that they have some cash and they can also pay loan installment at that time then they are eligible. Students want to know that how many amount this government give them as a loan and they want to know that if they want to pay the advance and then they do not need to want to pay first five installments then they are eligible or not.
How they can apply
Committee of this sector announced that they are free hand than they do not need to fulfill any conditions of installment and students whose admission is in government sector only that kind of students are eligible. some students want to know that if they want to get loan for education of this session but they want to get admission in any country that is not Islamic then they can get loan or not. This sector announced that students are eligible but for that they need to get loan of large amount and they try to return it in small duration.