Installment Plan for Male and Female Students for Bike Scheme

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Installment Plan for Male and Female Students for Bike Scheme

The Punjab government has launched an exciting opportunity for male and female students to own bikes through an easy installment plan. Under the Chief Minister’s Maryam Nawaz Sharif Youth Initiative, 20,000 bikes are being offered to students across Punjab.

Punjab Bike Scheme 2024

Punjab Motorcycle Scheme Monthly Installment Plan

  • Number of Bikes: The scheme includes 19,000 petrol bikes and 1,000 e-bikes.
  • Down Payment: Students need to make a down payment of Rs20,000.
  • Monthly Installments: Students can pay in easy monthly installments for two years.
    • Male students: Rs 11,676 per month
    • Female students: Rs 7,325 per month

Eligibility Criteria

  • Who can apply?
    • Applicants must be students residing in Punjab.
    • Applicants must have a learner’s permit or a driving license from Punjab.

Students from Faisalabad, Multan, Bahawalpur, Rawalpindi, and Lahore will be the first to receive bikes. Public and private university students who are over 18 years old and possess a driving license or learner’s permit can apply online until April 29th.

Also Read: 110,000 Register for CM Punjab Motorcycle Scheme

How much is the down payment for the motorcycle scheme?

The down payment required for the bike scheme is Rs20,000.

What are the monthly installment amounts for male and female students?

Male students will pay Rs 11,676 per month, while female students will pay Rs 7,325 per month.

How long is the installment period bike scheme?

The installment period is two years.

When can students apply for the bike scheme?

Students can apply online until April 29th, provided they are over 18 years old and have a driving license or learner’s permit.


The Punjab Bike Scheme 2024 is a remarkable initiative by the Punjab government to empower students by providing them with easy access to transportation. By offering bikes on an installment plan, the government is not only promoting mobility but also easing the financial burden on students. We encourage eligible students to take advantage of this opportunity and apply before the deadline to secure their bikes.

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