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CM Punjab Bike Scheme 2026 Phase 2 Deadline Announced – Apply Now

By: Team CM Punjab

On: Monday, February 2, 2026 7:46 PM

CM Punjab Bike Scheme 2026 Phase 2 Deadline Announced – Apply Now
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The CM Punjab Bike Scheme 2026 has officially moved into its next phase, bringing major relief for students and young professionals across Punjab. Launched under the leadership of Chief Minister Maryam Nawaz, this flagship youth initiative aims to provide 100,000 electric and petrol bikes on interest-free installments.

With the application deadline now active for Phase 2, eligible candidates are advised to apply as early as possible to avoid missing out.

What Is the CM Punjab Bike Scheme 2026?

Purpose of the Scheme

The scheme is designed to make daily commuting affordable for students and working youth. Rising fuel costs and transport issues pushed the Punjab government to introduce a subsidized, eco-friendly mobility solution, especially for urban areas.

Electric bikes are being strongly promoted to support green energy goals and reduce pollution.

Who Can Apply? Eligibility Criteria Explained

To ensure transparency and fair distribution, the government has set clear eligibility rules:

Basic Requirements

For Students

  • Regular student of a recognized college or university

  • Enrollment in BS, MS, or PhD programs

  • Valid student ID or enrollment certificate

For Young Professionals

  • Proof of employment or income

  • CNIC registered mobile number

Key Benefits of CM Punjab Bike Scheme 2026

The scheme offers multiple financial and social benefits:

Major Highlights

  • Interest-free monthly installments (0% markup)

  • Subsidy up to Rs. 80,000 on electric bikes

  • Low down payment ranging from Rs. 10,000 to Rs. 25,000

  • Over 25% quota reserved for female applicants

  • 95% discount on excise registration for electric bikes

  • Transparent e-balloting system if applications exceed quota

These incentives make the scheme one of Punjab’s most impactful youth programs in 2026.

How to Apply for CM Punjab Bike Scheme – Step-by-Step

Online Application Process

  1. Visit the official portal: bikes.punjab.gov.pk or pave.gov.pk

  2. Register using your CNIC, mobile number, and email

  3. Complete your profile details

  4. Select Electric Bike or Petrol Bike

  5. Upload required documents:

  6. Submit the application and receive a tracking ID via SMS/email

After Selection

Successful candidates must visit a Bank of Punjab (BOP) branch to complete loan formalities and submit the down payment.

Important 2026 Updates You Should Know

Applicants are strongly advised to rely only on official government portals for updates.

FAQs – CM Punjab Bike Scheme 2026

1. Is the CM Punjab Bike Scheme interest-free?
Yes, all installments are completely interest-free.

2. Can private university students apply?
Yes, students from recognized public and private institutions are eligible.

3. Is there a quota for female applicants?
Yes, more than 25% of bikes are reserved for women.

4. What happens if applications exceed quota?
An electronic balloting system ensures fair selection.

5. Can I apply without a driving license?
A learner’s permit is acceptable at the time of application.

Team CM Punjab

National Volunteer Program is a trusted digital platform providing verified information on government schemes, public welfare programs, and educational updates across Pakistan, with a primary focus on Punjab initiatives. Our goal is to deliver accurate, timely, and easy-to-understand updates that help citizens stay informed about government opportunities, policies, and important national announcements.

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