Breaking News: PM To Reintroduce 20,000 Bike Distribution In Lahore

Here is the latest Update for all the people of Punjab who have applied for the Punjab Motor Bike Scheme but did not receive it in the first Phase, as now PM has announced to reintroduce of 20,000 Bike distribution in Lahore so that applicants who have applied in the first phase can receive it Now.

If you want to check your Bike status then use the method given in this post and you still have this opportunity to apply for the PM E-Bike Scheme through its Online Registration.

Punjab Bike Scheme Latest Update For Applicants [2024]

One of the major benefits of the Punjab e-Bike Scheme is that it will give over 8 lakh students in the province access to rides. Of the 11,676 gasoline bikes available, 7,324 will be assigned to female students. Major cities would be eligible to apply for this initiative, including Multan, Bahawalpur, Lahore, and Faisalabad.

According to the PM’s Plan for Distribution of Bikes, 20,000 Bikes are to be distributed among the students who apply for the E-Bike Scheme in 2024.

11,676 Petrol Bikes For Male Students
7,324 Petrol Bikes For Female Students
700 Electric Bikes For Male Students
300 Electric Bikes For Female Students

Who is eligible to apply for the 2024 Punjab Motorcycle Scheme?

A fantastic opportunity to transport more than 800,000 children throughout the province. A few of the essential requirements are as follows:

A candidate cannot be younger than eighteen.
An applicant must be enrolled full-time in a degree program at a college or university that HEC has officially acknowledged.
A valid motorbike driver’s license or learner’s permit is required of the applicant.

E-balloting has occurred because more applications than the allocated quotas were received in the first phase.

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E-Bike Registration Through Online Websites

Once you have checked your Eligibility for PM’s new Bike scheme then you can easily apply Online through the method given below: Visit the Punjab Government’s Bike Scheme website.

The URL is bikes.punjab.gov.pk.
Select the option to register.
Begin entering the required data (Name, Email, CNIC, Gender) in the online form.
Fill out the online application to apply for the bike scheme after registration.
To apply, choose between an electric or petroleum-powered bike.

The following information about the co-borrower/guarantor (parents, brother-sister, or siblings of the prospective student) must be entered:

Details of Income and Personal Data.
a list of all loans ever taken out, together with information on their status and monthly installments.

Keep in mind that if the student has a source of income on his own and no guarantor is involved, he is considered the “Primary Borrower.”

Also Read: Punjab Solar Panel Scheme 2024

Required Documents For The Motor Bike Registration

Following is the list of important Paperworks needed for your registration to be completed Smoothly:

Your Residential Certificate and your National Identity Card.
Your driving license.
The checkbook of the guarantor and their legitimate National Identity Card.
Pictures of your academic credentials.
200 rupees was spent on a written statement.

Students’ Motorcycle Installments and Down Payment Plan

Petrol Bikes (19,000)	Electric Bikes (1000)
A downpayment of Rs 25000	A downpayment of Rs 25000
11,676 For Male Students	700 For Male Students
7,324 For Female Students	300 For Female Students

The Bank of Punjab (BOP) will provide an installment plan to each accepted candidate. The candidate has to employ that tactic. If they wish to pay off the loan in full sooner, they may choose to do so after speaking with the BOP.

Note: The bike’s registration fee is not included in the mentioned price. The cost of the bike’s insurance is, however, covered by the payment/installment plan.

Punjab E-Bike Scheme: Regional Quota Details

The Punjab government has set aside a specific amount for students from both urban and rural areas based on the equitable distribution approach. 30% of the bikes will go to girls and 70% to boys in rural areas; 50% of the bikes will be given to boys and girls in urban areas.

Conclusion

The reintroduction of the Punjab E-Bike Scheme is a significant step towards providing accessible transportation for students across the province. With 20,000 bikes set for distribution in 2024, including specific allocations for male and female students, this initiative aims to support educational mobility and reduce transportation challenges. Applicants who missed out in the first phase now have another chance to receive their bikes.