LAHORE – Punjab Chief Minister’s e-Bike scheme continues to remain in the spotlight, offering two-wheeler rides for those enrolled in degree programs.
In a major development, the provincial authorities increased the number of bikes provided to students from Twenty thousand 20,000 to Twenty-seven thousand under the latest changes. All female applicants will receive electric bikes as part of the initiative aimed at promoting eco-friendly transportation and improving access to education, the government pledged.
Punjab CM E-Bike Scheme Update
Furthermore, the Punjab government made provisions for orphaned students, who will be given bikes without any charge.
In this regard, the Bank of Punjab approved loans for 20,000 students to help them purchase their bikes. So far, more than five thousand petrol bikes and two thousand E-bikes have already been distributed.
In the next phase, an additional 6,500 electric bikes will be distributed as bikes provided with two years of insurance and service to ensure safety and reliability for students. So far, many college and university students are waiting to get their bikes.
To make bikes more affordable, Punjab Chief Minister Maryam Nawaz also cut down payment to Rs.25,000, along with monthly installment plans of less than Rs5,000.
Who Can Apply?
Requirement | Details |
---|---|
Age | Must be over 18 years old. |
Student Status | Only regular students at a degree college or university recognized by HEC |
License | Must hold a valid motorcycle Learner’s Permit or Driving License |
Application Process | E-balloting will be conducted if applications exceed the available quota |
Terms & Conditions | Apply as per the terms and conditions |
Punjab Govt Bike scheme 2024: Check Total Cost, Down Payment, and monthly installment