Punjab’s officials have received approval from the Chief Minister to launch electric bikes for students in instalments. Lahore’s provincial administration devised a plan to loan its citizens over 20,000 electric and petrol motorbikes on interest-free terms. You will find detailed information about bank of punjab electric bike scheme in this article.
Punjab Government Interest Free Electric Bike Scheme Apply Online
01. Monthly Instalment
In partnership with the Bank of Punjab, the Punjab government distributes bikes. As per the terms and conditions of the scheme, monthly instalments for both petrol and e-bikes will be fixed at Rs. 10,000 and Rs. 5,000, respectively, depending on the type of bike that you choose.
02. Delivery Of Electric Bikes
Under the Pakistan Muslim League Nawaz (PML-N) leadership, the provincial government plans to draw a draw to artificial tinnMay this year agency year.
03. Quota Of Bikes
As for the quotas for urban regions, these will be split evenly between males and females, with 50% of the quota assigned to males and 50% to females. Nevertheless, the quota will be split between males and females between 70-30 in rural areas.
Procedures For Applying For Punjab Bike Scheme 2024
The Punjab government and Bank of Punjab have not yet begun registering the scheme, they will soon do so. The students can submit their applications at any BOP branch. Please refer to the same website for details on submitting your application.
Conclusion Of Bank Of Punjab Electric Bike Scheme 2024
Chief Minister Maryam Nawaz has been instructed to deliver bikes following the May draw. Student lives will be made more accessible with the provision of 20,000 bikes. To minimize the burden on male and female students, the Punjab government is taking this initiative.
