Big News:Government Of Punjab Bike Scheme Update 2024

Government Of Punjab Bike Scheme 

Government Of Punjab Bike Scheme  At this time, it has been announced to provide two thousand bikes to schoolchildren on behalf of Punjab. Secondly, an agreement has been signed between the Transport Department of Punjab Government and Bank of Punjab. I will tell you about bikes and 19,000 petrol backup with details. How will the government of Punjab distribute 22,000, what will be the work of distribution, when will the loan be for the bikes and when will the registration start? This is in all the details.  Read:10500 BISP Survey For Men And Female

Transport Department

You will be told first of all, friends, as I have told you, the Transport Department of the Government of Punjab and according to this agreement, the Bank of Punjab has been entrusted with the responsibility of the Bank of Punjab for the next one month. Inside will start for it, so students who want to get an electric bike or a petrol bike from their Punjab government without interest in this tournament, then you can contact the bank on the official website of Punjab. It is ok to go and apply within the next one month, inshaAllah, the discussion will also start more. If there is a draw, 2,000 students will be selected in the draw, because 2,000 diets will be distributed on behalf of Punjab, so 2,000 students will be selected through sadness, friends, we are talking.  Read:How can I check my eligibility for the Ehsaas Program?

Government of Punjab,

Government Of Punjab Bike Scheme What is the total price of the bikes that are being provided to you by the government of Punjab, how much do you have to pay monthly and how much do you have to pay for the drone payment? 22 will be provided to you on behalf of the total price being told as one and a half lakh rupees. OK, then you will have to submit a payment of about 25 thousand rupees to him and pay five thousand rupees in front of the monthly. Read:Web portal registration 2024 complete procedure

Government Of Punjab Bike Scheme 
Government Of Punjab Bike Scheme 

Electric bike or a Petrol bike

If you want to get an electric bike or a petrol bike, then you have to apply for it as soon as the registration starts. Let me tell you here. 1,000 electric mics will be provided to students and 19,000 petrol banks will be provided to them. Bank of Punjab will provide the financing, i.e. Bank of Punjab will buy them in 2022 and these lights will be distributed among the students, with whom the money will be paid monthly. Read:How to apply Kisan card


Who is eligible for the scheme?

Government Of Punjab Bike Scheme  Only regular students enrolled in a HEC-recognized degree college or university above 18 years old and possessing a valid motorcycle learner’s permit or driving license can apply.Read:25000 Start CNIC Ehsas Program 8171 Benazir income support program

How many bikes are available under the scheme?

The program allocates over 800,000 bikes for students across the province. If applications surpass this quota, an e-balloting system will be used for selection.

What is the price range of the bikes?

The scheme finances e-bikes up to Rs. 250,000 and petrol bikes up to Rs. 150,000. If you choose a pricier bike, you’ll need to pay the difference upfront.Read:How to apply Kisan card

How much subsidy is offered?

The Government of Punjab offers a one-time equity participation of Rs. 24,975 and covers the markup (interest) on the loan.

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