The purpose of the study is to examine the relationship among learning factors and organizational learning, also extent to which these cast positive or negative impact on learning level of banking sector of Pakistan. In order to fulfill this purpose dimensions of learning organizations (DLOQ) by Marsick and Watkins (2003) are taken. This gauges the performance of organizational learning by two outcome variables knowledge performance and financial performance. Seven dimensions and two outcome variables are measured by 32 items on six point Likert scale. Sample size of this study consists of 65 respondents. The findings of this empirical study draw the inferences that seven dimensions of DLOQ have significant positive relationship with organizational learning and these factors enhance, positively, learning in organizations.