List of bikes being offered under motorcycle scheme 2024 in Punjab

The Punjab government has initiated the first phase of the Chief Minister Youth Initiative, aiming to provide 20,000 bikes to students enrolled in degree colleges and universities.

Under this program, students will have access to 19,000 petrol-powered bikes and 1,000 electric bikes through interest-free plans. The Punjab government has allocated Rs1 billion in subsidies to support the provision of interest-free bikes.

bike scheme for students apply online 2024

The deadline to apply for the Punjab motorcycle scheme is April 29th. Students can submit their applications by clicking on the provided link.

Under the scheme, the financing limit for electric bikes is set at Rs250,000, while for petrol bikes, it is capped at Rs150,000. If a student selects a bike that exceeds these specified prices, they will need to pay the additional cost upfront to the Bank of Punjab (BOP) upon being declared successful. The Punjab Government will not cover any costs higher than the mentioned limits. Additionally, students must select their bike from the options available on the web portal.

List of E-Bikes and Petrol Motorcycles

Here’s a categorized table listing the petrol motorcycles and e-bikes offered under the Punjab motorcycle scheme:

The Punjab motorcycle scheme not only offers students affordable transportation but also encourages the adoption of electric vehicles, which contributes to a cleaner environment. Don’t miss out on this opportunity to ease your commute to educational institutions. Apply now to take advantage of this initiative and secure your means of transportation.