Maryam Nawaz: CM Punjab Installment Policy and E-Bike Distribution Plan for 2024

We would like to inform you that Ms. Maryam Nawaz is the one who initiated the Electric Bike Scheme. The Students who are presently enrolled in classes in Punjab will receive these electric bikes. Make sure to register as soon as possible if you would like to receive this electric bike. The total number of electric bikes that will be given to students is 25,000.

Once the registration process is finished, you won’t be able to get an electric bike. In addition, let us inform you that you must be a student to receive this electric bike. You can get an electric bike if you are a poor family member and a student.

Also Read: Maryam Nawaz Announces Installment Schedule for Punjab Bike Scheme

Registration 2024

This article will provide you with information on how to register to get an electric bike. We’re happy to inform you that you may complete your registration right now. If your family is impoverished, Punjab Bank is the place to register. You tell the Punjab Bank agent that you are a student and come from a very low-income family; if you are eligible for this scheme, you will register after providing him with all of your documentation proving your poverty. There will be bikes available. 

Total number of Bikes50000
Monthly installment for E-Bikes10000 Rupees
Monthly installment for Petrol-Bikes5000 Rupees

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Policy for installment payments

When it comes to the installment policy, it is really simple. Under this program, the government provides both gasoline-powered and electric motorcycles, with monthly installments announced. For electric bikes, the monthly installment will be 10,000 Rupees, whereas for petrol bikes, it would be 5,000 Rupees.

Draw and Distribution of Bikes

All eligible candidates shall receive equal opportunities, and the distribution process will be open and equitable. The distribution is anticipated to start around six months after the draw, which is set for May 2024. Before Eid al-Fitr, the application will be published. According to CM Maryam Nawaz’s directive, the data will be made available right away.

Conclusion

Prime Minister Maryam Nawaz Sharif has finally given the Punjab government permission to gradually roll out e-bikes for students. The state government created a plan to supply over 20,000 bicycles and e-bikes during a meeting in Lahore. Make gas-powered motorbikes available to the general people via interest-free loans. Shahbaz Sharif, the prime minister, was present during the conference. The creation and upkeep of student transportation infrastructure throughout the state were the topics of discussion during the meeting.

Also Read: Latest BISP Requirements and NSER Survey 2024 (Step-by-Step)

FAQs

What’s the monthly installment for E-Bikes?

The monthly installment for E-Bike will be 10000.

What’s the monthly installment for Petrol Bikes?

For electric bikes, the monthly installment will be 10,000 Rupees, whereas for petrol bikes, it would be 5,000 Rupees.

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