Punjab E-Bike Scheme: Rs3,028 a Month for Students
Students selected under the Punjab e-bike scheme will pay Rs3,028 a month for their electric bikes, with no down payment and no interest or insurance cost to bear.
The Punjab government has waived the down payment and will cover the interest and insurance costs attached to the bikes. That removes the upfront burden that usually stops students from buying a vehicle.
The monthly instalment runs for 36 months. Over three years, the payments add up to Rs109,008. The scheme covers 100,000 electric bikes for students across Punjab in its second phase.
What the Punjab e-bike scheme price looks like
Each bike is priced at Rs199,000. The government pays a subsidy of Rs90,000 on every bike, as independent scheme guides confirm. That leaves Rs109,000 for the student to repay, which works out at about Rs3,028 a month over 36 months.
The Bank of Punjab is handling the financing arrangements for the scheme. Students repay the principal only, since the government absorbs the markup and the insurance.
This is the new detail in the scheme. Feature Pakistan reported on 10 November that distribution moves to December. The payment and benefits figures now fill in the part students and parents most wanted to know: what it costs, and what comes with the bike.
What students get with the bike
Every successful applicant will receive a free helmet and a safety rod with the electric bike. Students will also receive two days of training on using their electric bikes.
Chief Minister Maryam Nawaz Sharif has separately directed officials to arrange free driving training for successful female applicants, to help them operate their vehicles safely.
The government has not yet released a complete schedule explaining when and where recipients will attend the training sessions. Students should watch the official portal, bikes.punjab.gov.pk, for that detail.
Who gets a bike
The scheme received more than 1.3 million registrations, while over 600,000 students completed their applications. With 100,000 bikes in this phase, most applicants will not receive one in this round.
The government will select eligible applicants through electronic balloting. The Punjab Information Technology Board is responsible for the balloting process.
Registration for this phase closed on 4 October 2026. Students who applied should check their status only through the official portal.
Why the scheme matters
The initiative aims to make commuting easier for students, particularly those who face difficulties travelling to colleges and universities. A subsidised electric bike cuts daily travel cost and removes the wait for public transport.
Electric bikes also fit the province’s wider push towards cleaner transport. Electric bike prices in Pakistan have already started to fall as more models reach the market, and the draft auto policy aims to make electric vehicles cheaper.
Students who missed this phase can still prepare. The original scooty scheme application guide explains the process, and the same portal, bikes.punjab.gov.pk, will carry any future round.
Distribution of the 100,000 electric bikes is scheduled to begin in December 2026, although the government has not announced an exact date for the first deliveries.
Frequently asked questions
How much will students pay every month under the Punjab e-bike scheme?
Students will pay Rs3,028 per month for 36 months, with no down payment. The government covers the interest and insurance costs.
What is the total amount a student pays?
The instalments add up to Rs109,008 over three years. The bike is priced at Rs199,000, and the government pays a Rs90,000 subsidy on each one.
What do students receive along with the bike?
Each successful applicant gets a free helmet and a safety rod, plus two days of training on using the electric bike. Female applicants will also get free driving training.
How are students selected for the scheme?
Eligible applicants are selected through electronic balloting, run by the Punjab Information Technology Board. The Bank of Punjab handles the financing.
When will the bikes be distributed?
Distribution of the 100,000 electric bikes is scheduled to begin in December 2026. The government has not yet announced an exact date for the first deliveries.
