Punjab E-Bike Scheme Phase 2 opened on 4 to 5 September 2026 and closed on 4 October 2026. Unlike a ballot-based round, Phase 2 worked on a first-come, first-served basis, and deliveries were aimed within around six weeks of approval. Students who missed the window cannot apply now, and any future round will need a fresh announcement on the scheme portal.
Phase 1 ran in 2024 to 2025 with 20,000 bikes, a Rs70,000 subsidy, and around Rs2,100 per month in early reporting. Phase 2 changed the numbers in full, so Phase 1 figures should not be mixed with Phase 2 terms.
Electric bikes cut fuel costs for students who travel daily to college or university. Phase 2 pricing made that idea concrete, with a Rs199,000 bike reduced by a Rs90,000 subsidy and the balance spread over three years without interest.
Status: Closed
| Phase | Scale | Subsidy | Monthly cost | Status |
|---|---|---|---|---|
| Phase 1 | 20,000 bikes | Rs70,000 | Around Rs2,100 | Closed |
| Phase 2 | Opened 4 to 5 September 2026 | Rs90,000 | Around Rs3,000 | Closed 4 October 2026 |
Phase 2 closed on 4 October 2026. First-come, first-served allotment meant that timing mattered as much as eligibility, since seats were filled in the order applications arrived.
What Phase 2 offered
Phase 2 priced the electric bike at Rs199,000. Government subsidy covered Rs90,000 of that price. Students repaid around Rs109,000 over 36 months at 0% interest, with no down payment and around Rs3,000 per month. Government also covered the extra costs in Phase 2, which kept the student share limited to the principal amount.
Who could apply in Phase 2
Phase 2 eligibility centred on domicile, enrolment, a valid permit, and a guarantor:
- Punjab domicile
- Regular full-time student at a recognised public or private college or university in Punjab
- Valid CNIC or B-Form
- Motorcycle licence, learner’s permit, or juvenile permit
- Parent or guardian as guarantor, with the guarantor’s CNIC and a mobile number in the guarantor’s name
- No registered motorcycle or car already owned, as stated in Phase 2 guides
Age was reported inconsistently as 16 and above in some guides and 18 to 35 in others. Applicants should verify the age rule on the form itself when a new round opens, since the two ranges do not match.
How applications worked
Applications ran only through bikes.punjab.gov.pk, with Bank of Punjab handling the financing:
- Open bikes.punjab.gov.pk
- Register with CNIC and student details
- Upload CNIC, student proof, and licence or permit
- Add guarantor details, including CNIC and mobile number
- Complete Bank of Punjab financing steps
- Receive delivery after approval, aimed within around six weeks
Higher Education Department and Transport worked on the scheme with Bank of Punjab, and PITB supported the portal. No other website was the official route for Phase 2.
What changed from Phase 1 to Phase 2
Phase 1 ran in 2024 to 2025 with 20,000 bikes and a Rs70,000 subsidy, with around Rs2,100 per month in early reporting. Phase 2 raised the subsidy to Rs90,000 and set the monthly figure near Rs3,000, with 0% interest and no down payment. Allotment also changed. Phase 2 used first-come, first-served allotment instead of a ballot, so early applicants held the advantage. Government paid the interest in Phase 2. Insurance and registration were also covered by government in that round. Students comparing old guides with Phase 2 terms should treat Phase 1 figures as history, since every money figure changed between the two rounds.
What to do now
With Phase 2 closed, students should watch bikes.punjab.gov.pk for any new phase announcement. A valid licence or permit, student proof, and guarantor papers were the core records in Phase 2, and keeping those ready saves time later. Phase 2 terms, including the Rs90,000 subsidy and 0% installments, applied to that round only and may change in a future phase.
Licence or permit papers deserve attention before any new round. Phase 2 accepted a motorcycle licence, a learner’s permit, or a juvenile permit, and students without one of those could not complete the form. Guarantor papers mattered just as much, since the form needed guarantor CNIC and a mobile number in the guarantor’s name.
Frequently asked questions
No. Phase 2 applications closed on 4 October 2026.
No. Phase 2 worked on a first-come, first-served basis, not a ballot.
Around Rs3,000 per month over 36 months, at 0% interest with no down payment.
Government covered interest, insurance and registration in Phase 2.
No. Phase 2 guides excluded students who already owned a registered motorcycle or car.
CNIC and a mobile number in the guarantor’s name, with a parent or guardian standing as guarantor.
Deliveries were aimed within around six weeks of approval in Phase 2.
No. Phase 2 needed no down payment, with repayment spread over 36 months at 0% interest.
