Wed. Jul 24th, 2024
BIG Update! Punjab Government Collaborates with Bank of Punjab for CM Punjab Bike Scheme

The Government of Pakistan has collaborated with the Bank of Punjab to provide interest-free bikes. You can also register through the Punjab Bank using the process given below.

Collaboration with the Bank of Punjab

In collaboration with the Bank of Punjab, the government plans to provide interest-free installment plans for 19,000 gas-powered bikes and 1,000 electric bikes. Initially, students from Faisalabad, Multan, Bahawalpur, Rawalpindi, and Lahore are eligible for the Punjab Motorcycle Scheme. The Last date for applications is April 29.

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E-Bike Scheme 2024

In addition to the many online registration options, there is a new process that requires you to visit the bank or office to finish the registration instead of staying at home. The students are informed that the Bank of Punjab may expedite the registration process and that it will be able to distribute motorcycles throughout the province. You must first visit the Bank of Punjab for this purpose. You will be given a form by a representative, which you must accurately fill out. Give the form to the representative after that, and you will find out the status of your registration a few days later. 

Also Read: Breaking News! The Government launched the 150 Billion Rupees Kisan Card in 2024

Registration through the Bank of Punjab

  • All you have to do is go to the nearest Bank of Punjab location to finish the registration process.
  • You will find the registration form, which you must fill out completely with your personal data.
  • After that, you must carefully read the form. The form needs to be filled out with your phone number, ID card number, full address, and the phone number and ID card of each parent. After that, you will receive a notification regarding your registration status. 

Program NamePunjab Motorcycle Scheme 2024
Collaboration PartnerBank of Punjab
Eligible RegionsFaisalabad, Multan, Bahawalpur, Rawalpindi, Lahore
Registration DeadlineApril 29
Registration ProcessVisit nearest Bank of Punjab location

Conclusion 

It is now very easy to obtain a bike through this program, whether you or someone else wishes to do so on your behalf. You can register through the Bank of Punjab in order for everyone to be eligible for this program and to receive these motorcycles upon registration.

Also Read: Benazir Kafalat Program 10500 New Payment (Application Process) Latest Updates 2024

FAQs

How can one become eligible to get a bike?

You can register through the Bank of Punjab in order for everyone to be eligible for this program and to receive these motorcycles upon registration.

Why does the Government collaborate with the Bank of Punjab?

The Government of Pakistan has collaborated with the Bank of Punjab to provide interest-free bikes.

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