I got a similar laptop (slightly weaker), and the game works fine with low-medium settings. Can you paste the contents of crpg_beta_log.txt (it's in your Warband directory)?
sure
[10:54:28] Mount&Blade Warband version: 06.12.36
[10:54:28] Havok version: 2012.1.0-r1
[10:54:28] FMOD Ex version: 4.44.02
[10:54:28] NvAPI version: NVidia Complete Version 1.10
[10:54:28] Command line: --beta
[10:54:28] Initializing language...
[10:54:28] WARNING: Duplicate language string ui_retreated_battle
[10:54:28] WARNING: Duplicate language string ui_midnight
[10:54:28] WARNING: Duplicate language string ui_chest
[10:54:28] WARNING: Duplicate language string ui_group_rename
[10:54:28] WARNING: Duplicate language string ui_show_framerate
[10:54:28] WARNING: Duplicate language string ui_off
[10:54:28] WARNING: Duplicate language string ui_antialiasing
[10:54:28] WARNING: Duplicate language string ui_module_newer_than_application
[10:54:28] WARNING: Duplicate language string ui_module_older_than_application
[10:54:28] WARNING: Duplicate language string ui_difficulty_rating_percentage
[10:54:28] WARNING: Duplicate language string ui_general_options
[10:54:28] WARNING: Duplicate language string ui_video_options
[10:54:28] WARNING: Duplicate language string ui_controls
[10:54:28] WARNING: Duplicate language string ui_maximum_framerate
[10:54:28] WARNING: Duplicate language string ui_estimated_performance
[10:54:28] WARNING: Duplicate language string ui_invalid_username
[10:54:28] WARNING: Duplicate language string ui_control_block_direction
[10:54:28] WARNING: Duplicate language string ui_control_attack_direction
[10:54:28] Initializing resource manager...
[10:54:28] Using Direct3D9Ex
[10:54:28] Initializing sound...
[10:54:28] Initializing timer...
[10:54:28] Sleep mean: 0.000999
[10:54:28] Sleep standard deviation: 0.000039
[10:54:28] Initializing physics...
[10:54:28] Initializing renderer...
[10:54:28] Loading core resources...
[10:54:28] WARNING: Unable to find texture mp_ui_maps_e
[10:54:28] Loading language files...
[10:54:28] WARNING: Duplicate language string ui_start_tutorial
[10:54:28] WARNING: Duplicate language string ui_multiplayer
[10:54:28] Loading font...
[10:54:28] Initializing window manager...
[10:54:28] Creating game windows...
[10:54:28] Initializing device...
[10:54:29] Behavior flags: 54
[10:54:29] Back buffer size: 1920x1080
[10:54:29] Back buffer format: X8R8G8B8
[10:54:29] Depth stencil format: D24X8
[10:54:31] Loading post effect shaders...
[10:54:32] Dumping system info...
[10:54:32] -- OS: Windows 7 Service Pack 1
[10:54:32] - Version: 6.1.7601
[10:54:32] - Arch: x64
[10:54:32] -- Memory: 6055 MB
[10:54:32] - Available: 3795 MB
[10:54:32] -- CPU: Intel(R) Core(TM) i7-2630QM CPU @ 2.00GHz (GenuineIntel)
[10:54:32] - L2 Cache Size: 256K
[10:54:32] - Features: FPU MMX SSE SSE2 SSE3 SSSE3 EST HTT
[10:54:32] - Count: 8
[10:54:32] -- GPU: Intel(R) HD Graphics Family *
[10:54:32] - Memory: 2835 MB
[10:54:32] - Driver Version: 8.15.10.2559
[10:54:32] - DirectX Driver Version: 8.15.10.2559
[10:54:32] -- GPU: NVIDIA GeForce GT 540M
[10:54:32] - Memory: 2047 MB
[10:54:32] - Driver Version: 9.18.13.697
[10:54:33] Loading settings...
[10:54:33] Loading resource test
[10:54:33] Loading resource textures_face_gen
[10:54:33] Loading resource shaders
[10:54:33] Loading resource textures
[10:54:33] Loading resource materials
[10:54:33] Loading resource materials_face_gen
[10:54:33] Loading resource uimeshes
[10:54:33] Loading resource meshes_face_gen
[10:54:33] Loading resource helpers
[10:54:33] Loading resource map_tree_meshes
[10:54:33] Loading resource map_icon_meshes
[10:54:33] Loading resource particle_meshes
[10:54:33] Loading resource skeletons
[10:54:33] Loading resource tree_meshes
[10:54:33] Loading resource xtree_meshes
[10:54:33] Loading resource grass_meshes
[10:54:33] Loading resource plant_meshes
[10:54:33] Loading resource body_meshes
[10:54:33] Loading resource object_meshes
[10:54:33] Loading resource object_bodies
[10:54:33] Loading module resource bomb
[10:54:33] Loading module resource narfs_plate_armour_pack_wb
[10:54:33] Loading module resource narfs_transitional_armour_pack
[10:54:33] Loading module resource narfs_rus_armour_pack
[10:54:33] Loading module resource narfs_men_at_arms_pack
[10:54:33] Loading module resource ninja
[10:54:33] Loading module resource dejawolf
[10:54:33] Loading module resource Crpg-Faradon
[10:54:33] Loading module resource shredzorz_weapons
[10:54:33] Loading module resource chadz_siege_equipment
[10:54:33] Loading module resource stronghold_props
[10:54:33] Loading module resource crpg_walls
[10:54:33] Loading module resource swup
[10:54:33] Loading module resource Sibylla_Hairs
[10:54:33] Loading module resource anim_papa_lazarou
[10:54:33] Loading module resource ranged_new
[10:54:33] Loading module resource Yamabusi
[10:54:33] Loading module resource drz_armor
[10:54:33] Loading module resource medieval_equipment_crpg
[10:54:33] Loading module resource tenka_armour_pack
[10:54:33] Loading module resource iboltax_faces
[10:54:34] Loading module resource byz
[10:54:34] Loading module resource DEDEs_Arsenal
[10:54:34] Loading module resource kazakh_armor
[10:54:34] Loading module resource ball
[10:54:34] Loading module resource finalboss_bows
[10:54:34] Loading module resource finalboss_arrows
[10:54:34] Loading module resource finalboss_bolts
[10:54:34] Loading module resource finalboss_throwing
[10:54:34] Loading module resource moeckpack
[10:54:34] Loading module resource zimke_byzantium
[10:54:34] Loading module resource zimke_crpg_turk
[10:54:34] Loading module resource miscellaneous
[10:54:34] Loading module resource Psiphoon_animations
[10:54:34] Loading module resource Ballista
[10:54:34] Loading module resource Jan_Tumans_strurmhaube
[10:54:34] Loading module resource SSH_samurai_armour_set
[10:54:34] Loading module resource siege
[10:54:34] Loading module resource xueyugang
[10:54:34] Loading module resource ani_human_mounted_mirrored
[10:54:34] Loading resource goods_meshes
[10:54:34] Loading resource item_meshes1
[10:54:34] Loading resource horse_a
[10:54:34] Loading resource arabian_horses
[10:54:34] Loading resource arabian_castle
[10:54:34] Loading module resource food
[10:54:34] Loading resource beards
[10:54:34] Loading resource armors_b
[10:54:34] Loading resource armors_c
[10:54:34] Loading resource armors_d
[10:54:34] Loading resource armors_e
[10:54:34] Loading resource armors_f
[10:54:34] Loading resource armors_g
[10:54:34] Loading resource armors_h
[10:54:34] Loading resource armors_i
[10:54:34] Loading resource boots_b
[10:54:34] Loading resource boots_c
[10:54:34] Loading resource helmets
[10:54:34] Loading resource helmets_b
[10:54:34] Loading resource village_houses
[10:54:34] Loading resource village_houses_a
[10:54:34] Loading resource village_houses_b
[10:54:34] Loading resource hair
[10:54:34] Loading resource deneme
[10:54:34] Loading resource interiors_a
[10:54:34] Loading resource interiors_b
[10:54:34] Loading resource interiors_c
[10:54:34] Loading resource arena
[10:54:34] Loading resource map_icons_b
[10:54:35] Loading resource castle_a
[10:54:35] Loading resource dungeon
[10:54:35] Loading resource stone_houses
[10:54:35] Loading resource snowy_houses
[10:54:35] Loading resource snowy_castle
[10:54:35] Loading resource helmets_d
[10:54:35] Loading resource helmets_e
[10:54:35] Loading resource helmets_f
[10:54:35] Loading resource castle_b
[10:54:35] Loading resource square_keep
[10:54:35] Loading resource anim_b
[10:54:35] Loading resource shields
[10:54:35] Loading resource shields_b
[10:54:35] Loading resource weapon_meshes_c
[10:54:35] Loading resource xtree_meshes_b
[10:54:35] Loading resource map_icons_c
[10:54:35] Loading resource pictures
[10:54:35] Loading resource user_interface_b
[10:54:35] Loading resource user_interface_c
[10:54:35] Loading resource scene_encounter_spot
[10:54:35] Loading resource interior_thirsty_lion
[10:54:35] Loading resource scene_small_tavern
[10:54:35] Loading resource weapon_meshes1
[10:54:35] Loading resource weapon_meshes_b
[10:54:35] Loading resource houses1
[10:54:35] Loading resource wall_meshes1
[10:54:35] Loading resource town_houses
[10:54:35] Loading resource doors
[10:54:35] Loading resource churches
[10:54:35] Loading resource town_houses_b
[10:54:35] Loading resource castle_c
[10:54:35] Loading resource castle_d
[10:54:35] Loading resource castle_e
[10:54:35] Loading resource castle_f
[10:54:35] Loading resource castle_g
[10:54:35] Loading resource castle_h
[10:54:35] Loading resource castle_i
[10:54:35] Loading resource gatehouse
[10:54:35] Loading resource viking_houses
[10:54:35] Loading resource fake_houses
[10:54:35] Loading resource town_houses_c
[10:54:35] Loading module resource std_banners
[10:54:36] Loading module resource std_banners_default
[10:54:36] Loading module resource std_flags_vertical
[10:54:36] Loading resource particles_2
[10:54:36] Loading resource prisons
[10:54:36] Loading resource prisons_b
[10:54:36] Loading resource interiors_d
[10:54:36] Loading resource costumes_b
[10:54:36] Loading resource costumes_c
[10:54:36] Loading resource arena_costumes
[10:54:36] Loading resource boots_a
[10:54:36] Loading resource terrain_borders
[10:54:36] Loading resource terrain_borders_b
[10:54:36] Loading resource skyboxes
[10:54:36] Loading resource object_b
[10:54:36] Loading resource tree_e_meshes
[10:54:36] Loading resource destroy
[10:54:36] Loading resource xtree_meshes_c
[10:54:36] Loading resource grass_meshes_b
[10:54:36] Loading resource interiors_steppe
[10:54:36] Loading resource grooming_horse
[10:54:36] Loading resource town_houses_d
[10:54:36] Loading resource horses_b
[10:54:36] Loading resource ani_horse_mounted
[10:54:36] Loading resource deneme2
[10:54:36] Loading resource horse_skeleton
[10:54:36] Loading resource steppe_fake_houses
[10:54:36] Loading resource weapon_meshes_d
[10:54:36] Loading resource tableau_shields
[10:54:36] Loading resource heraldic_armors
[10:54:36] Loading resource spear
[10:54:36] Loading resource weapons_e
[10:54:36] Loading resource weapons_f
[10:54:36] Loading resource instruments
[10:54:36] Loading resource sarranid_armors
[10:54:36] Loading resource custom_banner
[10:54:36] Loading resource simple_primitives
[10:54:36] Loading resource ani_man_walk
[10:54:36] Loading resource ani_twohanded
[10:54:36] Loading resource ani_onehanded
[10:54:36] Loading resource ani_death
[10:54:36] Loading resource ani_stand_guardsman
[10:54:36] Loading resource ani_human_mounted
[10:54:36] Loading resource ani_lady_stand
[10:54:36] Loading resource ani_poses
[10:54:36] Loading resource ani_stand_shopkeeper
[10:54:36] Loading resource ani_man_cheer
[10:54:36] Loading resource ani_stand_onhorse
[10:54:36] Loading resource ani_throw_stone
[10:54:36] Loading resource ani_strikes
[10:54:36] Loading resource ani_equip_arms
[10:54:36] Loading resource ani_run_p
[10:54:36] Loading resource ani_run_forward_left_right
[10:54:36] Loading resource uni_strikes3
[10:54:36] Loading resource ani_walk_sideways
[10:54:36] Loading resource ani_run_sideways
[10:54:37] Loading resource ani_stand
[10:54:37] Loading resource ani_crouch_down
[10:54:37] Loading resource ani_low_walk
[10:54:37] Loading resource ani_turn_man
[10:54:37] Loading resource ani_attacks_single
[10:54:37] Loading resource ani_lancer
[10:54:37] Loading resource ani_attacks
[10:54:37] Loading resource ani_kicks
[10:54:37] Loading resource ani_parry_attack
[10:54:37] Loading resource ani_walk_backward
[10:54:37] Loading resource ani_run_lookingsides
[10:54:37] Loading resource ani_defends
[10:54:37] Loading resource ani_walk_lookingsides
[10:54:37] Loading resource ani_jump
[10:54:37] Loading resource ani_wedding
[10:54:37] Loading resource arabian_props
[10:54:37] Loading resource uni_jump
[10:54:37] Loading resource uni_stances
[10:54:37] Loading resource uni_equip
[10:54:37] Loading resource uni_strike
[10:54:37] Loading resource uni_throws
[10:54:37] Loading resource uni_fistswing
[10:54:37] Loading resource uni_lord_stand
[10:54:37] Loading resource uni_defence
[10:54:37] Loading resource uni_sideways
[10:54:37] Loading resource dart
[10:54:37] Loading resource armors_new_a
[10:54:37] Loading resource armors_new_b
[10:54:37] Loading resource armors_new_heraldic
[10:54:37] Loading resource armors_new_arena
[10:54:37] Loading resource crossbows
[10:54:37] Loading resource arabian_armors
[10:54:37] Loading resource rock
[10:54:37] Loading resource costumes_d
[10:54:37] Loading resource nordic_helmets
[10:54:37] Loading resource sarranid_helmets
[10:54:37] Loading resource sarranid_armor
[10:54:37] Loading resource raw_materials
[10:54:37] Loading resource khergit_lady_dress
[10:54:37] Loading resource vaegir_helmets
[10:54:37] Loading resource gauntlets_new
[10:54:37] Loading resource sarranid_lady_dress
[10:54:37] Loading resource sarranid_boots
[10:54:37] Loading resource bride_dress
[10:54:37] Loading resource full_plate_armor
[10:54:37] Loading resource weapon_meshes_e
[10:54:37] Loading resource fur_armors_a
[10:54:37] Loading resource ui_server_filter
[10:54:37] Loading resource warhorse_new
[10:54:37] Loading resource ship
[10:54:37] Loading resource arabian_houses
[10:54:37] Loading resource object_c
[10:54:37] Loading resource tree_f
[10:54:37] Loading resource interiors_arabian
[10:54:37] Loading resource arabian_village
[10:54:37] Loading resource valleyProps
[10:54:37] Loading resource workshops
[10:54:37] Loading resource barrier_primitives
[10:54:37] Loading resource town_houses_e
[10:54:38] Loading music...
[10:54:38] Loading textures...
[10:54:51] Reading module data...
[10:54:51] Loading item modifiers...
[10:54:51] Loading flora kinds...
[10:54:51] Loading ground specs...
[10:54:51] Loading skyboxes...
[10:54:51] Reading settings data...
[10:54:51] Loading sounds...
[10:54:56] Loading particle systems...
[10:54:56] Loading skins...
[10:54:56] Loading scene props...
[10:54:56] Loading menus...
[10:54:56] Loading tableau materials...
[10:54:56] Loading presentations...
[10:54:56] Loading scripts...
[10:54:56] Unable to map script game_get_skill_modifier_for_troop
[10:54:56] Unable to map script game_console_command_received
[10:54:56] Unable to map script game_server_info_requested
[10:54:56] Loading map icons...
[10:54:56] Loading strings...
[10:54:56] Loading quick strings...
[10:54:56] Loading meshes...
[10:54:56] Loading item kinds...
[10:54:56] Loading conversations...
[10:54:56] Loading mission templates...
[10:54:56] Loading party templates...
[10:54:56] Loading post effects...
[10:54:56] Loading actions...
[10:54:56] Loading post effect shaders...
[10:54:56] Loading time: 28049
[10:54:58] Creating game...
[10:54:58] Loading setting data...
[10:54:58] Starting game...
[10:54:58] Initializing meta mission...
[10:55:06] Loading post effect shaders...
[10:55:47] Loading post effect shaders...
[10:55:48] Loaded PostFx shaders...
[10:56:09] Loading post effect shaders...
[10:58:27] Exiting...
[10:58:27] Saving configuration...
[10:58:27] Exiting game at frame 22520...
[10:58:27] Exiting sound manager...
[10:58:27] Exiting network manager...
[10:58:29] Deleting game...
[10:58:29] Deleting mission...
[10:58:29] Deleting resources...
[10:58:29] Deleting font...
[10:58:29] Deleting game windows...
[10:58:29] Exiting sound manager...
[10:58:29] Exiting physics manager...
[10:58:29] Dumping resource usage information...
[10:58:29] Ondemand textures: 184
[10:58:29] Render target textures: 148/149
[10:58:29] Render target materials: 38/144
[10:58:29] Render target stats:
[10:58:29] A8R8G8B8 (70/42): 11 MB
[10:58:29] A8 (0/32): 0 MB
[10:58:29] A16B16G16R16 (4/0): 9 MB
[10:58:29] D16 (1/0): 0 MB
[10:58:29] Render target total memory usage: 21 MB
[10:58:29] Exiting graphics manager...
[10:58:29] Releasing graphics device...
[10:58:29] Releasing graphics system...
[10:58:29] Destroying window...
[10:58:29] Closing log file...