Punjab Bike Scheme Distribution Started
Bikes have started to be distributed to all the selected candidates across Punjab under the Punjab Bike Scheme. These bikes have started to be distributed under the leadership of Maryam Nawaz Sharif. Chief Minister of Punjab Maryam Nawaz Sharif herself is going to universities and colleges and distributing these bikes to students and students. These bikes will be distributed fairly through Balloting results.
19000 petrol bikes and 8189 electric bikes are being distributed under the Punjab Bikes Scheme. Earlier the number of electric bikes was 1000 but the government has increased this number so that more students can benefit from it.
Lists of all the students who have qualified under this bike scheme have been released. They should check their lists if their name is there then good news for them that they will get the bike very soon. Bikes have been officially distributed by the government.
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Check Your Name in Balloting Results
If you have registered for the Punjab Bike Scheme and are unsure whether you have received a bike or if you are eligible to receive one, your worries are about to end. Here’s how you can check your status using the e-balloting list from the comfort of your home.
First, visit the official website of the Punjab Bike Scheme at bikes.punjab.gov.pk. On the homepage, click on the option for Balloting Results. This will display the list of successful candidates for both petrol and electric bikes, as well as the waiting list.
- If you are a female applicant, check the list designated for girls. If you applied for the petrol or electric bike scheme, make sure to look at the respective lists.
- If you are a male applicant, check the list for boys. If you applied for the petrol bike scheme, look at that list; if you applied for the e-bike scheme, check the corresponding list.
First, review the list of successful candidates and search for your name. If you do not find your name there, check the waiting list. If your name appears in the list of successful candidates, congratulations—you will receive a bike!
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Monthly Repay Schedule For Punjab Bike Scheme
There are many students who don’t know where to get information about the monthly repayment schedule under Punjab Bike Scheme, so they don’t need to worry. Because in this article we will inform you about the monthly repayment schedule in full detail so that your worries are removed.
First of all, let me tell you that when you get your bike, you have to pay a total down payment of Rs.82250. In this down payment, applicant equity participation is 30 25 thousand rupees, processing charges 1500 rupees, tentative physical verification charges 1500 rupees, legal stamping charges 2 thousand rupees, insurance up front 2250 rupees, vehicle registration is 50 thousand rupees.
You have to pay monthly EMI without insurance Rs 4375 and with insurance Rs 4554. You have to pay monthly insurance of Rs.129. These installments of yours will consist of 24 months apart from the graph given below which tells you all the information.
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Punjab Bike Scheme Helpline Number
If you are facing difficulty in finding your name in the Punjab Bike Scheme or you want to get more information about the Punjab Bike Scheme, you can also contact the helpline. Here we will provide you the helpline number and email so that you can contact them for more information.
Helpline Number: 042-111-333-267
Email: support@bikes.punjab.gov.pk
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FAQs for Punjab Bike Scheme
1. How can I check if I’m eligible for the Punjab Bike Scheme?
To check your eligibility, visit the official Punjab Bike Scheme website at bikes.punjab.gov.pk. Once there, navigate to the “Balloting Results” section to see if your name is included in the list of successful candidates.
2. What types of bikes are being distributed under the Punjab Bike Scheme?
The Punjab Bike Scheme is distributing 19,000 petrol bikes and 8,189 electric bikes. Initially, the number of electric bikes was 1,000, but it has been increased to benefit more students.
3. Who is overseeing the distribution of bikes under this scheme?
Maryam Nawaz Sharif is leading the distribution of bikes across universities and colleges in Punjab. The process is conducted fairly through balloting results.
4. How can I check my name in the e-balloting list for the Punjab Bike Scheme?
To check your name, go to bikes.punjab.gov.pk, click on “Balloting Results,” and search for your name in the list of successful or waiting candidates, based on whether you applied for a petrol or electric bike.
5. What is the down payment required for the Punjab Bike Scheme?
The total down payment is Rs. 82,250. This includes Rs. 30,250 for applicant equity participation, Rs. 1,500 for processing charges, Rs. 1,500 for verification, Rs. 2,000 for legal stamping, Rs. 2,250 for insurance, and Rs. 50,000 for vehicle registration.
6. What is the monthly EMI for the Punjab Bike Scheme?
The monthly EMI is Rs. 4,375 without insurance and Rs. 4,554 with insurance. Insurance costs Rs. 129 per month, and the installments are spread over 24 months.
7. Where can I get help if I’m having trouble with the Punjab Bike Scheme?
If you’re facing any issues or need more information, you can contact the Punjab Bike Scheme helpline at 042-111-333-267 or email support@bikes.punjab.gov.pk.
8. When did the distribution of bikes begin under this scheme?
The distribution of bikes started in October 2024, and successful candidates can expect to receive their bikes soon.
9. What is the eligibility criterion for female applicants under the Punjab Bike Scheme?
Female applicants must check the designated list for girls to see if they have been selected for a petrol or electric bike. The selection is made based on balloting.
10. What should I do if my name is not in the successful candidates’ list?
If your name is not in the list of successful candidates, you should check the waiting list to see if you may still receive a bike later.
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