New Update About Punjab Bike Scheme Installment Plan

Punjab Bike Scheme Installment Plan

Punjab Bike Scheme Installment Plan: Punjab chief minister maryam nawaz has announced that she will provide a bike scheme in Punjab. Under this scheme, around 20,000 bikes will be distributed among the students which include electric and petrol bikes. All those students who are eligible in this program can get these bikes on installament without paying any interest fee. So today I will share with you complete information about the Punjab bike scheme installment plan. If you want to join the scheme then you should complete this article so that you can also join the scheme and get your own bike. 

Who is Eligible?

There are many people who ask who will be eligible in this program. So let me tell you that this scheme is being started by the chief minister of punjab maryam nawaz. So, under his supervision, these bikes will be distributed among the students of universities and colleges in Punjab. Initially this scheme will be started from big cities but slowly  this scheme will be implemented in the entire Punjab also. So students living in Punjab and studying in any university and college can get a lot of benefits from this scheme. 

Installment Plan For Interest Free Punjab Bike Scheme 

Students who wanted to know about installment plans. We want to tell them that chief minister maryam has asked to keep the price of this monthly installment low so that students are not put under too much financial pressure. Keeping this in view, the authority of this scheme has kept the price of monthly installment as minimum as possible. Follow the instructions given below and you will know about the installment price. 

  • Down Payment: 25,000 according to bol news
  • Petrol Bikes: 5000 Per Month Installment
  • Electric Bikes: 10,000 Per Month Installment

How Many Bikes Distribution?

The purpose of starting this scheme is to distribute the bikes among the students so that they can continue their studies as much as possible and they do not have to face any problem. Around 20,000 bikes will be distributed among the students across Punjab, which includes 19,000 petrol bikes and 1,000 electric bikes. The system of distribution of these bikes will be very simple and the bikes will be distributed between urban and rural students equally. 

Region 

Distribution 
Urban Areas

50% Male And 50% Female

Rural Areas 

70% Male And 30% Female

In the Punjab cities bikes will be distributed 50% male and 50% female students and rural areas, bikes will be distributed among 70% male students and 30% female students. 

Benefits of Scheme

The purpose of starting this scheme by the Punjab government is to simplify the activities of the students and to reduce their expenses. So that he can continue his studies without wasting time and can also keep his control of their expenses. 

Bikes Delivery 

Punjab Chief Minister Maryam Nawaz has given strict instructions that all the bikes will be divided under this fair system. Equal rights will be granted to male and female students in Punjab. To maintain the fair system, all the received applications will be checked and conducted in the month of may. After reviewing the applications, the distribution of bikes will be started in this month and the bikes will be given to the lucky students. 

Also Read: 2000 Interest Free Punjab Bike Scheme For Students in 2024

But let me tell you one thing that there is no update yet for submitting the applications for these bikes. So as soon as any update comes then we will share the information with you then you can follow the information and participate in this scheme.   

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