Thu. May 30th, 2024
How to apply online for Punjab Bike scheme 2024

Punjab Bike scheme 2024

Punjab Chief Minister Maryam Nawaz has given approval to start the Punjab Bike Scheme for the students of Punjab. The most surprising and good thing is that this scheme is completely free of interest. This is the first scheme of its kind under which students will be able to improve their travel facilities. Earlier, no such project was started in Punjab. This initiative underlines the government’s commitment to the welfare of students.

Also Read: BISP Savings Scheme 2024 Online Registration and Eligibility

Total number of bikes

Under this scheme, 20,000 motorbikes will be distributed among students across Punjab. Including 19,000 petrol bikes and 1,000 electric bikes. The distribution of motorbikes has been planned keeping in mind the urban and rural areas in order to maintain an equitable system.

ProductAvailability
Electric bikes1000 bikes will be given
Simple Petrol bikes20000 bikes will be given

How many bikes will be given to males and females?

If we talk about the quota of city and rural areas, 50% will be divided between men and 50% women to promote gender equality in urban areas. But here, some changes have been made for rural areas where 70% men and 30% women will be able to benefit from the scheme.

How to Apply for Punjab bike scheme 2024?

If we talk about the registration process, let us tell you that the registration process has not been started yet. But the registration process will be started soon, within the coming days. Because the distribution of bikes has to be ensured by the end of May on the instructions of the Chief Minister of Punjab, As soon as there is any news about the commencement of registration, you will get to see the complete details on the same website through which you will be able to complete your registration.

Eligibility criteria for bike scheme

As the registration process has not yet started, it would be premature to talk about the eligibility requirements. Eligibility criteria, including enrollment status and document requirements, will be known as soon as the registration process begins. Hopefully, the registration process will start soon, and you will get to see the complete details.

Punjab Bike scheme 2024

Draw for bike scheme

The distribution process will be transparent and fair, and equal opportunities will be provided to both men and women. Once the registration process is completed, a lottery will be held in May 2024, under which lucky students will be able to get motorbikes. On the special instructions of the Chief Minister of Punjab, the registration process will be started soon before Eid.

Also Read: Punjab Rozgar Scheme Apply Online Latest Update 2024

Installment plan for e-bike scheme 2024

Here are details of the installment plan:

Down Payment: Rs25,000 (as per media reports)

Monthly Installment: 

For Electric-Bikes: Rs10,000 per month

For Petrol Bikes: Rs5,000 per month

Final Words

The Punjab Bikes Scheme is nothing less than a gift for the students of Punjab. This scheme will help reduce the travel expenses of male and female students. If we look further into it, the number of electric bikes could have been more, but still, this scheme is not less than a gift. This scheme is being appreciated by the higher authorities, and it is being considered a welcome initiative. It is likely to be started on a larger scale in the near future. In this article, you have been provided complete details about the scheme. I hope the provided information will be helpful for you. If you want to get any kind of information, then you can ask us by commenting.

By 8171Update

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