Present study examines the association among governance, corruption and economic growth in five selected SAARC countries including Bangladesh, India, Nepal, Pakistan and Sri-Lanka using panel data for the period 1996-2014. Panel regression was run using Fixed Effects Method of estimation based on Hausman specification test results. Fixed Effects Model with specific cross-section coefficient was also employed. Findings reveal that two institutional indicators of Governance, namely Government Effectiveness and Political Stability have positive and significant effect on Economic growth in selected SAARC countries. Corruption exerts adverse effect on Economic growth which is according to theory. Moreover, results show that among Governance indicators, Government effectiveness has greater influence on GDP growth in selected SAARC countries. Results of Education index have appeared to be significant predictors of growth of selected SAARC countries in the given time period.