CM Punjab Bike Scheme for Students 2024| Online Apply Eligibility Last Date: Students can register for bikes in 2024 through CM Punjab. The news is excellent for Punjabi citizens. One noteworthy feature of the new bike program from the province is that students can pay for it in monthly installments. The CM Punjab is a brand-new initiative that the chief minister of Punjab has started.

To be eligible for a free EBike, students must apply online.. The goal of this endeavor is to give their students access to bicycles. By filling out an online application through the Punjab government’s E-Bike Scheme 2024, students can register for a free eBike. She also disclosed plans to start a different program that will provide high-achieving pupils access to motorcycles. It was decided to give pupils motorcycles in manageable payments.

In a statement, Maryam said that although electric bikes were necessary to reduce pollution, their low mileage and issues with battery theft made them inappropriate at the moment. She pointed out that the government has opted to provide electric and fuel-consuming motorcycles in convenient installments. Maryam announced that bike distribution will start in May 2024 and that the down payment and monthly installment will both be less than Rs5,000 to lessen the financial burden on students.

Details for CM Punjab Bike Scheme 2024

 

Scheme Name	E-Bike Scheme 2024
Sector	Punjab Government
Announcement	10, April 2024
Announced By	CM Punjab Maryam Nawaz
Beneficiaries	College and university students
Number of Electric Bikes	10,000 electric bikes
Number of Petrol Bikes	19,000 Petrol Bikes
Distribution Method	Distribute to eligible and bright students
Ade Criteria	18 or above
Last Date	29 April, 2024

Petrol Bike Repayment Calculator

Electric Bike Repayment Calculator

Eligibility criteria for CM Punjab Bike Scheme 2024

If you want to find out who qualifies for the Punjab Bike Scheme before registering, the points will indicate that. You will be able to determine if you qualify for program enrollment by carefully going over these points.

Student status

Enroll in a conventional degree program in a government or private Punjabi institution or college that has received HEC recognition.

Age Criteria

To be eligible for this scheme, you must be at least 18 years old.

Driving license

To apply, you must have a driver’s license that is currently valid.

Petrol Bikes

Students only from Punjab Provence may apply.

Electric bikes

All provinces in Pakistan are open to student applications.

Easy installment plan for CM Punjab Bike Scheme

Timetable for payment: Let’s now examine the payment schedule for the Punjab bike project. What is the monthly rental cost for an electric or gas bike?
This is a summary of the government’s low-interest bike installment program, as reported by several news outlets.

Several recent sources state that a down payment of Rs. 25,000 is required initially.

Monthly payments

The monthly interest-free installments for the Punjab bike scheme are as follows, according many sources:

Electric bike installment: Rs. 10,000 per month.
Petrol bike installment: Rs. 5,000 per month.

Eligible Cities for the CM Bike Scheme 2024

• Faisalabad
• Multan
• Bahawalpur
• Rawalpindi
• Lahore

How to Apply for the CM Punjab Bike Scheme 2024?

The CM Punjab Bike program’s online application will expire in the next few days. This implies that the program allows students from colleges and universities to buy bicycles. They can use flexible installment plans and a low-interest loan to pay for the bikes.

The Punjab government has introduced a program for registering bikes, including electric and gas-powered vehicles. After that, they can process the application by pressing the relevant green button.

Citizens of certain cities can apply on the official website link: https://bikes.punjab.gov.pk/register.

To begin the procedure, candidates must create an account using their full name, Email address, CNIC, and password.