Punjab Bike Scheme The Punjab Bike Scheme, launched by the Punjab Government, aims to distribute 20,000 motorbikes to male and female students, with the registration process currently underway. Aspiring college students can acquire a bike through convenient interest-free installments. Out of the total bikes provided, 19,000 will be petrol-powered, while 1,000 will be electric. Under this scheme, the government covers markup and down payments on monthly installments.
Punjab Bike Scheme 2024
Under this initiative, a down payment of Rs 20,000 is required to obtain a bike, which the Punjab government covers. Male students are required to pay monthly installments of Rs 11,676, while female students pay Rs 7,325.
Registration for Punjab Bike Scheme
Petrol bikes will be distributed to students across Punjab in the first phase, while electric bikes will be available only in Faisalabad, Multan, Bahawalpur, Rawalpindi, and Lahore. Applications for petrol bikes are accepted from all over Punjab, while students from other provinces can apply for electric bikes.
Eligibility Criteria:
- Regular student at a graduate college or university
- Possession of a driving license or learner’s permit
How to Apply for Punjab Bike Scheme
- Visit the official website at bikes.punjab.gov.pk and create an account if you don’t have one.
- Locate the registration section and fill in your personal information on the form.
- Attach necessary documents.
- Review all details for accuracy and submit the form.
Last Date to Apply for Punjab Bike Scheme
The deadline for registration is April 29. Applicants are advised to apply well in advance.
Conclusion
Registration is now open for the distribution of 20,000 bikes to students by Chief Minister of Punjab, Maryam Nawaz. A subsidy of one billion rupees is provided by the Punjab government for interest-free bikes. More than eight lakh male and female students from across the province can apply for their bikes. This article provides comprehensive information about the scheme, including details about monthly installments and down payment. For assistance with registration, applicants can leave a comment or join the WhatsApp channel for further details.
