Great news for the people of Punjab! The Prime Minister has announced the reintroduction of the 20,000 Bike Distribution Scheme in Lahore. This means that applicants who missed out in the first phase now have another chance to receive their bikes. In this article, we will explain how to check your bike status, how to apply for the PM E-Bike Scheme online, and all the necessary details you need to know.
Punjab Bike Scheme Latest Update for Applicants [2024]
One of the major benefits of the Punjab e-Bike Scheme is that it will provide access to rides for over 800,000 students in the province. Among the 11,676 gasoline bikes available, 7,324 will be allocated to female students. Major cities eligible for this initiative include Multan, Bahawalpur, Lahore, and Faisalabad. According to the PM’s plan, 20,000 bikes will be distributed among students who apply for the E-Bike Scheme in 2024.
Who Is Eligible to Apply for the 2024 Punjab Motorcycle Scheme?
This scheme is a fantastic opportunity to provide transportation for more than 800,000 children across the province. Here are the essential requirements:
- A candidate must be at least eighteen years old.
- The applicant must be enrolled full-time in a degree program at a college or university recognized by HEC.
- A valid motorcycle driver’s license or learner’s permit is required.
E-balloting has been used because more applications were received than the allocated quotas in the first phase.
E-Bike Registration Through Online Websites
Once you have checked your eligibility for the PM’s new Bike Scheme, you can easily apply online. Follow these steps:
- Visit the Punjab Government’s Bike Scheme website at bikes.punjab.gov.pk.
- Select the option to register.
- Enter the required data (Name, Email, CNIC, Gender) in the online form.
- Fill out the online application to apply for the bike scheme after registration.
- Choose between an electric or petroleum-powered bike.
- Enter the co-borrower/guarantor’s details (parents, siblings, or other relatives), including income and personal data, loan details, and monthly installments.
If the student has a source of income and no guarantor is involved, they are considered the “Primary Borrower.”
Required Documents for the Motor Bike Registration
Here is a list of important documents needed to complete your registration smoothly:
- Residential Certificate and National Identity Card.
- Driving license.
- The checkbook of the guarantor and their valid National Identity Card.
- Pictures of your academic credentials.
- A written statement costing Rs. 200.
Students’ Motorcycle Installments and Down Payment Plan
The Bank of Punjab (BOP) will provide an installment plan to each accepted candidate. The candidates need to follow this plan. If they wish to pay off the loan sooner, they can discuss it with BOP. Note that the bike’s registration fee is not included in the mentioned price, but the bike’s insurance cost is covered by the payment/installment plan.
Punjab E-Bike Scheme: Regional Quota Details
The Punjab government has allocated specific quotas for students from both urban and rural areas to ensure equitable distribution. In rural areas, 30% of the bikes will go to girls and 70% to boys. In urban areas, 50% of the bikes will be given to both boys and girls.
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.