diff --git a/tools/testing/selftests/drivers/net/hw/Makefile b/tools/testing/selftests/drivers/net/hw/Makefile
index 7939f81fe..e400fd097 100644
--- a/tools/testing/selftests/drivers/net/hw/Makefile
+++ b/tools/testing/selftests/drivers/net/hw/Makefile
@@ -12,6 +12,7 @@ TEST_PROGS = \
 	hw_stats_l3_gre.sh \
 	loopback.sh \
 	nic_link_layer.py \
+	nic_performance.py \
 	pp_alloc_fail.py \
 	rss_ctx.py \
 	#
diff --git a/tools/testing/selftests/drivers/net/hw/nic_performance.py b/tools/testing/selftests/drivers/net/hw/nic_performance.py
new file mode 100644
index 000000000..201403b76
--- /dev/null
+++ b/tools/testing/selftests/drivers/net/hw/nic_performance.py
@@ -0,0 +1,137 @@
+#!/usr/bin/env python3
+# SPDX-License-Identifier: GPL-2.0
+
+#Introduction:
+#This file has basic performance test for generic NIC drivers.
+#The test comprises of throughput check for TCP and UDP streams.
+#
+#Setup:
+#Connect the DUT PC with NIC card to partner pc back via ethernet medium of your choice(RJ45, T1)
+#
+#        DUT PC                                              Partner PC
+#┌───────────────────────┐                         ┌──────────────────────────┐
+#│                       │                         │                          │
+#│                       │                         │                          │
+#│           ┌───────────┐                         │                          │
+#│           │DUT NIC    │         Eth             │                          │
+#│           │Interface ─┼─────────────────────────┼─    any eth Interface    │
+#│           └───────────┘                         │                          │
+#│                       │                         │                          │
+#│                       │                         │                          │
+#└───────────────────────┘                         └──────────────────────────┘
+#
+#Configurations:
+#To prevent interruptions, Add ethtool, ip to the sudoers list in remote PC and get the ssh key from remote.
+#Required minimum ethtool version is 6.10
+#Change the below configuration based on your hw needs.
+# """Default values"""
+#time_delay = 8 #time taken to wait for transitions to happen, in seconds.
+#test_duration = 10  #performance test duration for the throughput check, in seconds.
+#send_throughput_threshold = 80 #percentage of send throughput required to pass the check
+#receive_throughput_threshold = 50 #percentage of receive throughput required to pass the check
+
+import time
+import json
+import argparse
+from lib.py import ksft_run, ksft_exit, ksft_pr, ksft_true
+from lib.py import KsftFailEx, KsftSkipEx, GenerateTraffic
+from lib.py import NetDrvEpEnv, bkg, wait_port_listen
+from lib.py import cmd
+from lib.py import LinkConfig
+
+class TestConfig:
+    def __init__(self, time_delay: int, test_duration: int, send_throughput_threshold: int, receive_throughput_threshold: int) -> None:
+        self.time_delay = time_delay
+        self.test_duration = test_duration
+        self.send_throughput_threshold = send_throughput_threshold
+        self.receive_throughput_threshold = receive_throughput_threshold
+
+def _pre_test_checks(cfg: object, link_config: LinkConfig) -> None:
+    if not link_config.verify_link_up():
+        KsftSkipEx(f"Link state of interface {cfg.ifname} is DOWN")
+    common_link_modes = link_config.common_link_modes
+    if common_link_modes is None:
+        KsftSkipEx("No common link modes found")
+    if link_config.partner_netif == None:
+        KsftSkipEx("Partner interface is not available")
+    if link_config.check_autoneg_supported():
+        KsftSkipEx("Auto-negotiation not supported by local")
+    if link_config.check_autoneg_supported(remote=True):
+        KsftSkipEx("Auto-negotiation not supported by remote")
+    cfg.require_cmd("iperf3", remote=True)
+
+def check_throughput(cfg: object, link_config: LinkConfig, test_config: TestConfig, protocol: str, traffic: GenerateTraffic) -> None:
+    common_link_modes = link_config.common_link_modes
+    speeds, duplex_modes = link_config.get_speed_duplex_values(common_link_modes)
+    """Test duration in seconds"""
+    duration = test_config.test_duration
+
+    ksft_pr(f"{protocol} test")
+    test_type = "-u" if protocol == "UDP" else ""
+
+    send_throughput = []
+    receive_throughput = []
+    for idx in range(0, len(speeds)):
+        if link_config.set_speed_and_duplex(speeds[idx], duplex_modes[idx]) == False:
+            raise KsftFailEx(f"Not able to set speed and duplex parameters for {cfg.ifname}")
+        time.sleep(test_config.time_delay)
+        if not link_config.verify_link_up():
+            raise KsftSkipEx(f"Link state of interface {cfg.ifname} is DOWN")
+
+        send_command=f"{test_type} -b 0 -t {duration} --json"
+        receive_command=f"{test_type} -b 0 -t {duration} --reverse --json"
+
+        send_result = traffic.run_remote_test(cfg, command=send_command)
+        if send_result.ret != 0:
+            raise KsftSkipEx("Error occurred during data transmit: {send_result.stdout}")
+
+        send_output = send_result.stdout
+        send_data = json.loads(send_output)
+
+        """Convert throughput to Mbps"""
+        send_throughput.append(round(send_data['end']['sum_sent']['bits_per_second'] / 1e6, 2))
+        ksft_pr(f"{protocol}: Send throughput: {send_throughput[idx]} Mbps")
+
+        receive_result = traffic.run_remote_test(cfg, command=receive_command)
+        if receive_result.ret != 0:
+            raise KsftSkipEx("Error occurred during data receive: {receive_result.stdout}")
+
+        receive_output = receive_result.stdout
+        receive_data = json.loads(receive_output)
+
+        """Convert throughput to Mbps"""
+        receive_throughput.append(round(receive_data['end']['sum_received']['bits_per_second'] / 1e6, 2))
+        ksft_pr(f"{protocol}: Receive throughput: {receive_throughput[idx]} Mbps")
+
+    """Check whether throughput is not below the threshold (default values set at start)"""
+    for idx in range(0, len(speeds)):
+        send_threshold = float(speeds[idx]) * float(test_config.send_throughput_threshold / 100)
+        receive_threshold = float(speeds[idx]) * float(test_config.receive_throughput_threshold / 100)
+        ksft_true(send_throughput[idx] >= send_threshold, f"{protocol}: Send throughput is below threshold for {speeds[idx]} Mbps in {duplex_modes[idx]} duplex")
+        ksft_true(receive_throughput[idx] >= receive_threshold, f"{protocol}: Receive throughput is below threshold for {speeds[idx]} Mbps in {duplex_modes[idx]} duplex")
+
+def test_tcp_throughput(cfg: object, link_config: LinkConfig, test_config: TestConfig, traffic: GenerateTraffic) -> None:
+    _pre_test_checks(cfg, link_config)
+    check_throughput(cfg, link_config, test_config, 'TCP', traffic)
+
+def test_udp_throughput(cfg: object, link_config: LinkConfig, test_config: TestConfig, traffic: GenerateTraffic) -> None:
+    _pre_test_checks(cfg, link_config)
+    check_throughput(cfg, link_config, test_config, 'UDP', traffic)
+
+def main() -> None:
+    parser = argparse.ArgumentParser(description="Run basic performance test for NIC driver")
+    parser.add_argument('--time-delay', type=int, default=8, help='Time taken to wait for transitions to happen(in seconds). Default is 8 seconds.')
+    parser.add_argument('--test-duration', type=int, default=10, help='Performance test duration for the throughput check, in seconds. Default is 10 seconds.')
+    parser.add_argument('--stt', type=int, default=80, help='Send throughput Threshold: Percentage of send throughput upon actual throughput required to pass the throughput check (in percentage). Default is 80.')
+    parser.add_argument('--rtt', type=int, default=50, help='Receive throughput Threshold: Percentage of receive throughput upon actual throughput required to pass the throughput check (in percentage). Default is 50.')
+    args=parser.parse_args()
+    test_config = TestConfig(args.time_delay, args.test_duration, args.stt, args.rtt)
+    with NetDrvEpEnv(__file__, nsim_test=False) as cfg:
+        traffic = GenerateTraffic(cfg)
+        link_config = LinkConfig(cfg)
+        ksft_run(globs=globals(), case_pfx={"test_"}, args=(cfg, link_config, test_config, traffic,  ))
+        link_config.reset_interface()
+    ksft_exit()
+
+if __name__ == "__main__":
+    main()
diff --git a/tools/testing/selftests/drivers/net/lib/py/load.py b/tools/testing/selftests/drivers/net/lib/py/load.py
index d9c10613a..da5af2c68 100644
--- a/tools/testing/selftests/drivers/net/lib/py/load.py
+++ b/tools/testing/selftests/drivers/net/lib/py/load.py
@@ -2,7 +2,7 @@
 
 import time
 
-from lib.py import ksft_pr, cmd, ip, rand_port, wait_port_listen
+from lib.py import ksft_pr, cmd, ip, rand_port, wait_port_listen, bkg
 
 class GenerateTraffic:
     def __init__(self, env, port=None):
@@ -23,6 +23,24 @@ class GenerateTraffic:
             self.stop(verbose=True)
             raise Exception("iperf3 traffic did not ramp up")
 
+    def run_remote_test(self, env: object, port=None, command=None):
+        if port is None:
+            port = rand_port()
+        try:
+            server_cmd = f"iperf3 -s 1 -p {port} --one-off"
+            with bkg(server_cmd, host=env.remote):
+                #iperf3 opens TCP connection as default in server
+                #-u to be specified in client command for UDP
+                wait_port_listen(port, host=env.remote)
+        except Exception as e:
+            raise Exception(f"Unexpected error occurred while running server command: {e}")
+        try:
+            client_cmd = f"iperf3 -c {env.remote_addr} -p {port} {command}"
+            proc = cmd(client_cmd)
+            return proc
+        except Exception as e:
+            raise Exception(f"Unexpected error occurred while running client command: {e}")
+
     def _wait_pkts(self, pkt_cnt=None, pps=None):
         """
         Wait until we've seen pkt_cnt or until traffic ramps up to pps.
