Punjab students selected for the Chief Minister’s Electric Bike Scheme will pay approximately Rs. 3,028 per month to own an electric motorcycle.
The initiative aims to make daily travel more affordable for students attending colleges and universities across the province. The government will provide 100,000 electric bikes under the current phase.
How Much Will Students Pay?
Each electric bike carries a listed price of Rs. 199,000. However, students will pay only Rs. 109,000 after the government subsidy.
The payment will be divided into 36 monthly instalments of Rs. 3,028. Students will not need to make any down payment.
The Punjab government will also cover the markup, insurance and registration costs. This means students will not face additional financing charges under the announced arrangement.
What Benefits Does the Scheme Offer?
The scheme also includes several benefits to reduce students’ expenses.
The government will provide free helmets and safety rods with the electric bikes. Students who cannot ride will also receive two days of free driving training.
The initiative aims to improve access to educational institutions while encouraging environmentally friendly transportation.
Who Can Apply for the E-Bike Scheme?
Applicants must meet the scheme’s eligibility requirements. Students must be at least 18 years old and enrolled in a recognised degree college or university.
They must also hold a valid motorcycle learner’s permit or driving licence. A Punjab domicile or CNIC is required under the announced eligibility conditions.
Applications for the current phase closed on October 4, 2026. Students who applied can follow updates through the official portal.
The scheme is part of Punjab’s wider effort to expand affordable electric transport. Its subsidised instalment plan aims to reduce the financial burden on students and support their daily commuting needs.
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