Bike Scheme 2024 For Students Online Apply via bikes.punjab.gov.pk

In a bid to enhance mobility and accessibility for students across Punjab, the Punjab government has launched a pioneering E Bike scheme 2024 offering Electric Bikes (E-Bikes) and Petrol Bikes (P-Bikes). The Electric Bikes (E-Bikes) and Petrol Bikes Registration 2024 Last date till August, 2024. Education-Oriented Initiative by the Government of Punjab (in partnership with the Bank of Punjab).

These bikes, available through a meticulously designed program, aim to facilitate students’ daily commute to educational institutions through the official website www.bikes.punjab.gov.pk . Here’s a comprehensive overview of what this E-Bikes Scheme 2024 Punjab Government Registration entails:

Bike Scheme 2024 For Students Online Apply via bikes.punjab.gov.pk

The new CM of Punjab has introduced a bike scheme for students, with online registration open at https://bikes.punjab.gov.pk. It’s the first time the government has offered interest-free electric and petrol bikes. We’ll discuss the registration details for E-Bikes provided by the Punjab Government.

Eligibility Criteria:

  • An excellent opportunity for over 800,000 students across the province to obtain their own transport.
  • Must be over 18 years of age.
  • Must be a regular student of a Degree College / University, duly recognized by HEC.
  • Must hold a valid motorcycle Learner’s Permit / Driving Licence.
  • In case of receipt of applications in excess of allocated quotas, e-balloting shall be conducted.
    (Terms & Conditions Apply)

Last Date To Apply For E Bike Scheme 2024

Title: Bike Scheme 2024 For Students Online Apply
Offred By: Government Of Punjab Pakistan
Last Date: August 2024
Bike Registration Form: Click Here
Online Apply: Click Here
E Bike Login Portal: Click Here

Bike Selection and Application Process:

  • Students enrolled in degree programs at recognized universities or graduate colleges in Punjab are eligible to apply for bikes under this scheme.
  • The selection process involves choosing from various bike models listed on the scheme’s web portal.
  • Female students have the flexibility to apply for either E-Bikes or P-Bikes, with both Scootie and Motorbike versions available.

CM Punjab Bike Scheme 2024 Application Form:

  • Applications must be submitted online through the designated web portal, after student registration.
  • Only regular students attending university or college on a daily basis are eligible.
  • Students must possess a valid Driving License or Learner’s Driving Permit for motorcycles.
  • Financial Assistance and Subsidies:
  • The financing for E-Bikes is capped at Rs. 250,000, and for Petrol Bikes, it’s capped at Rs. 150,000.
  • A 30% equity payment is required from the borrower, with a special relief provided by the Punjab Government covering a portion of this equity.
  • All mark-up on the bike loan is also covered by the Punjab Government, with the total subsidy amounting to approximately Rs. 1 Billion under Phase-1.

Bike Scheme For Students Online

Punjab Government Electric Bike Scheme Apply Online Phase 1 Cities

  1. Faisalabad
  2. Multan
  3. Bahawalpur
  4. Rawalpindi
  5. Lahore

bikes.punjab.gov.pk 2024 Online Apply

Bikes Male Students Female Students
19,000 Petrol 11,676 7,324
1,000 Electric 700 300

Allocation and Distribution of Motorbikes:

  • Phase I of the scheme includes 1,000 E-Bikes and 19,000 Petrol Bikes.
  • E-Bikes are allocated to students in specific cities, while Petrol Bikes are distributed district-wise based on population census data.
  • Grievance redressal mechanisms are in place for students to address any concerns through the web portal.
  • Loan Repayment and Obligations:
  • Monthly loan installments are payable and deposited into an account opened with the Bank of Punjab specifically for the scheme.
  • Late payment charges are applicable for delays in depositing the monthly installments.

Bikes Punjab Gov Pk Register and Final Steps, Delivery:

  • Upon selection and confirmation, vendors proceed with booking the bike or informing the Bank of Punjab about the chassis and engine numbers for insurance.
  • Insurance coverage for the bike is managed by the Bank of Punjab through insurance companies on their panel, with premiums incorporated into the payment plan.

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