Punjab Government E-Bike Scheme 2025: Empowering Students with Affordable Transport

Punjab Government E-Bike Scheme 2025

The E-Bike Scheme 2025, which is the brainchild of Punjab Government’s initiative, aims to bring about a drastic change in the culture of the province through the provision of transport that is both pocket-friendly and efficient for over 800,000 students. Optionally, the project provides one bike for every student which could be either Electric Bikes (E-Bikes) or by Petrol Bikes (P-Bikes) thus enabling students to make use of them as their personal mode of transport. Shown below is a comprehensive guide that includes the scheme, eligibility criteria, and steps on how to apply.

Eligibility Criteria for the Punjab E-Bike Scheme 2025

The eligibility conditions for the Punjab Government E-Bike Scheme are as follows:

• Age Limit: is one of the conditions that candidates must meet, according to it, they have to be 18 years of age or older.
• Student Status: To be eligible, students must be regular and HEC-recognized Degree College or University.
• Driving License: is mandatory for the learner’s permit in the motorcycle or the driving license (in case the learner’s permit is available) to be valid, otherwise, applications will be rejected.
• Quota: If the situation comes when the applicants are more than the slot, the affordable pieces of advice in this respect are to discard the rest. E-balloting going unbiased will be done in that case.

Who Can Apply for the E-Bike Scheme?

• students applying for the scheme have to be regular students in a recognized degree program at a university or graduate college in Punjab by HEC.
• The students’ bona fide status will be verified by their educational institution.

Application Process for E-Bike Scheme

• Web Portal Only: Applicants are only supposed to submit online applications via the official web portal: www.bikes.punjab.gov.pk.
• No Physical Applications: On-site applications are neither entertained. This is just to avoid seriously overcrowded spaces in which to apply which is a pandemic concern.

Types of Bikes Offered Under the Scheme

The scheme is established with two different kinds of bikes:

Electric Bikes (E-Bikes): Silent e-bikes help you save the environment and money as well while the electric powertrain assists your everyday ride schedule.
Petrol Bikes (P-Bikes): Modern style Scooter and Bike designs that use gasoline are the preferred choices for the students who opt for petrol fuel.

Choosing a Bike?

Students can choose a bike from the web portal Catalogue list.

Modification is not Allowed and the bike must be picked from the provided options.

Change of Bike Choice After Submission?

If necessary, applicants can change which type of bike they go for until April 29, 2024.

• Can Female Students Apply for Petrol Bikes?

Yes, the female students are eligible for the electric bikes and the petrol-run bikes. The brand has also introduced a scootie and motorbike series especially designed for female users along with male users.
Driving License Requirement

To be precise, it is a driver’s license or a learner’s permit to be submitted by the applicants for a motorcycle driving license.

This condition extends to both female and male students.

Can I Apply for More Than One Bike?

Sorry, but only a single choice (E-Bike or P-Bike) can be made by the students, and getting both is not an option.

• Installment Plans for the Bike

The Bank of Punjab (BOP) will provide successful applicants with an installment plan for their purchase.
BOP gives students a choice to pay off the loan fully long before the interest on the loan becomes due, by signing an agreement with a BOP representative.

Bike Registration Cost?

A bike registration fee is in addition to the quoted price.
On the other hand, the insurance amount of the bike is embedded in the installment plan and comes without extra charges.

Can My Sibling Apply for the Scheme?

Yes, brothers or sisters who are students of recognized universities/degree colleges in Punjab can also apply. Nevertheless, if more than one sibling is picked through e-balloting, then only one sibling will be given the bike.

Post-Balloting Scrutiny Process?

After the e-balloting is completed, buying power of the co-borrower/guarantor will be checked by LoR.
Once the successful applicants have gone through the entire process of the verification the issuance of the notification will begin.

How Will Balloting Take Place?

• The balloting process will be conducted electronically by the Punjab Information Technology Board (PITB).

Allocation of Quotas for Male & Female Students?

• Phase I Quota for E-Bikes: 700 E-Bikes for boys. 300 E-Bikes for girls.
• 700 E-Motorcycles for boys.
• 300 E-Bikes for girls.
• Phase I Quota for Petrol Bikes: 11,676 P-Bikes for boys. 7,324 P-Bikes for girls.
• 11,676 P-Bikes for boys.
• 7,324 P-Bikes for girls.

E-Bikes will be assigned to pupils from the cities of Lahore, Rawalpindi, Faisalabad, Multan, and Bahawalpur.
Grievance Redressal Mechanism
There is a Grievance Redressal Mechanism in place.
If the students experience troubles, they can file an online grievance through the web portal.

Eligibility for Non-Regular Students

This grant is meant for the regular university students only, as students who attend university on a daily basis are eligible.
Virtual University and Allama Iqbal Open University students are not eligible.

Bike Price and Financing Limits

E-Bikes: Financing up to Rs. 250,000 is available.
Petrol Bikes: Financing up to Rs. 150,000 is available.

Those who decide to buy bikes that are more than the budget will be asked to cover the extra cost up front.
Government Contribution and Subsidies

The Punjab Government provides a special subsidy: Rs. 20,000 will be a government contribution that will be added to the amount to be paid upfront by the citizen. The government will cover all mark-up costs on the loan.

What is the Source of Income?

• Formal income is the type of income that can be validated with supporting documents, such as salary or business income.
• Informal income, on the other hand, is cash-based income and undeclared income may need additional documents like bills, or business receipts.
  

Loan Application Rejection?

• Loan applications are typically declined for credit refusal, excessive debt service ratio, or if eligibility criteria are not met (out of the company).

Loan Approval Process?

• Those who successfully complete the application will be informed about the status of their request via SMS.
• After being approved, applicants enter the post-approval formalities which involve the signing of legal documents and provision of down payment.

Bike Delivery Process?

• Upon successful payment, the bike shop will initiate bike delivery.
• On the insurance issue, The Bank of Punjab will take care of the insurance process, which involves the paper works being correctly managed and in place.

Insurance Details

• Acquisition of the first-year insurance is an inclusive part of the down payment.
• Installments during the second year include the insurance fees.

No Objection Certificate (NOC)

• A No Objection Certificate (NOC) will be granted by the Bank of Punjab (BOP) when the complete restitution of the load is achieved.

Late Payment Charges

• Late Payment Charges are also charging if the due installments are not paid on time.

Helpline for Students

• The Bank of Punjab has a helpline for asking queries: 042-111-333-267.

post-Approval Requirements

• Applicants will need to sign the Facility Offer Letter and complete the required documentation before bike delivery.

The Punjab Government E-Bike Scheme 2025 is a game changing initiative for students seeking affordable transport options. With subsidized financing, easy installment plans, and generous government contributions, this scheme makes it easier for students to own a bike. If you’re a student in Punjab, don’t miss out on this opportunity—apply today!

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