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Home » CM Punjab’s Interest-Free Electric And Petrol Bike Scheme 2024 For Students

CM Punjab’s Interest-Free Electric And Petrol Bike Scheme 2024 For Students

CM Punjab’s Interest-Free Electric And Petrol Bike Scheme 2024 For Students great news for Punjabi residents! The Punjab government has recently revealed a ebike program With simple monthly payments, And the best part is here: it’s interest-free for students of Punjab. As per media reports, CM Punjab Maryam Nawaz Sharif, has approved of this plan (Free E-bike Program 2024 for student)in her cabinet meeting. You may want to know the specifics. How many bikes will be distributed in Punjab? What is the down payment, and what’s the monthly installments schedule like? And are they providing ebikes or petrol bikes? Luckily, Everything you need to know is right here.

Punjab Electric Bike Scheme 2024

Let us now discuss the practical means by which these bikes will be delivered to consumers. The govt Punjab has declare that a draw will take place in May 2024 to guarantee openness at every stage of the procedure. Media publications have claimed that distribution is anticipated to commence within the same month. Chief Minister Mariyam Nawaz Sharif has directed that the timetable for recognizing ebike applications should be declared before Eid-UL-Fitar. Moreover, she has been announced strategies to introduce a unique program meant at Giving bikes to pupils who excel in school.

e bike scheme 2024 apply online 

Title CM Punjab Ebike Program
Total No of Bikes 20000
Monthly Installment E Bike RS10000, Petrol Bikes RS5000
Registration For Bike Apply Online
Provided by pakresult.com.pk

CM Punjab’s Interest-Free Electric And Petrol Bike Scheme 2024 For Students

Chief Minister Youth initiative bike registration

Chief Minister Punjab Maryam Nawaz while endorsing the proposal in bike scheme said that the Govt of Punjab will give 19 thousand petrol bikes and 1000 electric bikes provide to students without interest on easy installments. With the support of Bank of Punjab, bikes will be given to students with traffic license across Punjab. The interest will be paid by the govt of Punjab. Students have to pay monthly installments of Rs.5000 only. The monthly installment of petrol motorcycle will be Rs 5000 and the monthly installment of e-bike will be Rs 10000. The bikes will be delivered in May following the draw that month.

School bus project for girl students 

In towns, 70% quota will be reserved for male students and 30% for female students to reduce travel difficulties faced by students coming from villages, the remaining 50% quota will be given to male and female students. The application process will start before Eid-ul-Fitr, as decided in the meeting recently. Meanwhile, 300 hybrid diesel buses will be purchased for Lahore, 78 for Rawalpindi, 100 for Multan, 110 for Faisalabad and 42 for Bahawalpur. Hybrid diesel bus service will also be started across Punjab.

Among the participants were Chief Secretary, Chairman P&D, Secretaries of Transport, Finance and Higher Education Departments, Chairman PITB, President of Bank of Punjab, Information Minister Uzma Bukhari, Transport Minister Bilal Akbar, MPA Sania Ashiq, and Senior Provincial Minister Maryam Aurangzeb was involved.

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