Good News Punjab Bike Scheme Distribution Phase 1 Starts Now

Fahad AliOctober 3, 2024Last Updated: October 9, 2024

4 minutes read

Punjab Bike Scheme Distribution Starts Candidates Can Get their Bike

Hello Everyone Breaking News for you! Punjab Bike Scheme Distribution Phase 1 starts now to distributes bikes in Punjab. The Punjab Bike Scheme has officially begun distributing bikes to all selected candidates across the province. Led by Maryam Nawaz Sharif, Chief Minister of Punjab, the distribution process is underway, with her personally delivering bikes to students at universities and colleges. The distribution is carried out fairly through balloting results.

Under the Punjab Bike Scheme, 19,000 petrol bikes and 8,189 electric bikes are being handed out. Initially, the number of electric bikes was set at 1,000, but this was later increased to allow more students to benefit.

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Lists of students who qualified under this scheme have been published. If your name appears on the list, congratulations! You will be receiving your bike very soon as the distribution is already in progress.

How to Check Your Name in the Balloting Results

If you’ve applied for the Punjab Bike Scheme but are unsure about your eligibility, worry no more. Here is process how to check your name in Punjab Bike Scheme Distribution Phase 1 from home using the e-balloting list:

Visit the official website at bikes.punjab.gov.pk.
On the homepage, select the option for “Balloting Results.”
You will be able to see lists of successful candidates for both petrol and electric bikes, as well as a waiting list.

Female applicants should check the list designated for girls and look under either the petrol or electric bike category, depending on their application.
Male applicants can check the lists for boys under the appropriate petrol or electric bike category.

First, search for your name on the list of successful candidates. If you don’t find your name there, check the waiting list. If your name appears, you’ll soon receive your bike!

Many students are also confused about the monthly repayment plan under the Punjab Bike Scheme. Don’t worry—this article covers the repayment schedule in full detail, so you’ll know exactly what to expect.

Monthly Repayment Plan

Upon receiving your bike, you will need to pay a total down payment of Rs. 82,250. This amount includes Rs. 30,250 for applicant equity participation, Rs. 1,500 for processing charges, Rs. 1,500 for physical verification, Rs. 2,000 for legal stamping, Rs. 2,250 for insurance upfront, and Rs. 50,000 for vehicle registration.

Your monthly EMI without insurance will be Rs. 4,375, while with insurance, it will be Rs. 4,554. The insurance itself costs Rs. 129 monthly. These payments will be spread over 24 months, as illustrated in the repayment chart provided.

Punjab Bike Scheme Helpline

If you face any issues or want further information about the Punjab Bike Scheme, you can contact their helpline. Here are the contact details:

Helpline Number: 042-111-333-267
Email: support@bikes.punjab.gov.pk

How do I check my eligibility for Punjab Bike Scheme Distribution Phase 1?

To check eligibility, visit the official website at bikes.punjab.gov.pk and go to the “Balloting Results” section to find your name in the list of successful candidates.

What types of bikes are being distributed?

A total of 19,000 petrol bikes and 8,189 electric bikes are being distributed. Initially, only 1,000 electric bikes were available, but the number was increased to benefit more students.

Who is overseeing the bike distribution?

Maryam Nawaz Sharif is overseeing the distribution of bikes across colleges and universities in Punjab, with the process being conducted fairly through balloting.

How can I check if my name is on the e-balloting list?

To check your name, go to bikes.punjab.gov.pk, click “Balloting Results,” and search the lists of successful or waiting candidates depending on whether you applied for a petrol or electric bike.

What is the down payment required For Punjab Bike Scheme Distribution Phase 1?

The total down payment is Rs. 82,250, which includes Rs. 30,250 for equity participation, Rs. 1,500 for processing, Rs. 1,500 for verification, Rs. 2,000 for legal stamping, Rs. 2,250 for insurance, and Rs. 50,000 for registration.

What is the monthly EMI?

The monthly EMI is Rs. 4,375 without insurance and Rs. 4,554 with insurance. The insurance costs Rs. 129 monthly, with payments spread over 24 months.

Where can I get help with the Punjab Bike Scheme?

If you need any help, you can contact the Punjab Bike Scheme helpline at 042-111-333-267 or email support@bikes.punjab.gov.pk.

When did the bike distribution start?

The distribution began in October 2024, and successful candidates will receive their bikes soon.

What is the eligibility criterion for female Student applicants?

Female applicants can check the list for girls to see if they were selected for a petrol or electric bike. Selections are made through balloting.

What should I do if my name isn’t on the list of successful candidates?

If your name doesn’t appear on the successful candidates’ list, check the waiting list. You may still receive a bike at a later stage.

Fahad AliOctober 3, 2024Last Updated: October 9, 2024

4 minutes read

Good News Punjab Bike Scheme Distribution Phase 1 Starts Now

Punjab Bike Scheme Distribution Starts Candidates Can Get their Bike