Punjab Bike Scheme Phase 1: Original 2024 Rules and Records

This page covers the original 2024 student bike program. It is not an announcement that the original application window has reopened. For a new application, read the current application guide.

Punjab Bike Scheme Phase 1

What Was the Punjab Bike Scheme Phase 1?

Punjab’s March 2024 announcement introduced a plan for 20,000 student bikes under the original program: 19,000 petrol bikes and 1,000 electric bikes. Punjab Government announcement.

Phase 1 Bike Allocation and Coverage

The Bank of Punjab’s historical terms, updated 17 April 2024, specify 19,000 petrol bikes and 1,000 electric bikes. Petrol bikes were available across Punjab districts, while the electric-bike category covered students in Lahore, including Kala Shah Kaku, Faisalabad, Rawalpindi, Multan and Bahawalpur. Original BOP terms.

Bike Category Planned Allocation
Petrol Bikes 19,000
Electric Bikes 1,000
Total 20,000

This means the commonly used description of Phase 1 as a five-city scheme does not apply to every vehicle category. Use district coverage and quotas for the distinction between geographical coverage and allocation.

Phase 1 Timeline

Date / Period Event
March 2024 Punjab announced the 20,000-bike student initiative
April 2024 Original Bank of Punjab scheme terms were published
May 2024 Electronic balloting was conducted
May 2024 onward Financing processing and bike deliveries followed

The original government announcement stated that delivery would begin after the May balloting process.

Original Punjab Bike Scheme Phase 1 Financing Terms

  • Up to two years’ repayment
  • Minimum 30% equity contribution
  • Rs. 20,000 government support
  • 0% end-user rate
  • Maximum financing of Rs. 105,000 for petrol bikes
  • Maximum financing of Rs. 175,000 for electric bikes
Original Punjab Bike Scheme Phase 1 Financing Terms

Phase 1 Balloting Records

An official male e-bike waiting-list PDF dated 11 May 2024 records 4,341 eligible applicants and 700 successful applicants for that category. It is a category-specific record, not the result for the entire 20,000-bike allocation. Official historical waiting-list PDF.

Use the balloting guide to understand historical results, categories, and application identifiers.

Phase 1 Delivery Status

The original scheme planned 20,000 bikes, but allocation and delivery are separate measures.
The Punjab Transport Department currently reports that more than 18,500 bikes have been delivered under the interest-free student bike scheme. This figure should not be presented as an exact 20,000-bike delivery total.

Checking an Old Punjab Bike Scheme Phase 1 Application

  • Application submitted
  • Eligibility confirmed
  • Ballot result or waiting-list status
  • Financing completed
  • Bike delivered

Keep your application reference and related correspondence together. For unresolved cases, the official helpline guide explains how to request clarification without posting personal documents publicly.

Is Punjab Bike Scheme Phase 1 Still Open?

No. Phase 1 refers to the original 2024 application cycle. An archived form or old registration link does not indicate that applications have reopened.

For a new application, use the current application guide.

Frequently Asked Questions

The original student bike initiative was announced in March 2024, with 20,000 bikes planned. Punjab Government announcement.

The planned allocation was 19,000 petrol bikes and 1,000 electric bikes, for a total of 20,000 bikes. Original BOP terms.

Petrol bikes covered eligible students across Punjab districts, while the electric-bike category covered Lahore, including Kala Shah Kaku, Faisalabad, Rawalpindi, Multan and Bahawalpur. district coverage and quotas.

Yes. The original BOP terms specified a 0% end-user rate under the scheme’s financing conditions. Original BOP terms.

Electronic balloting was used where applications exceeded the available allocation. Historical category-specific waiting-list records are also available. balloting results

No. Phase 1 was the original 2024 application cycle. For a new application, use the current application guide.

Use the full phase timeline and Phase 2 guide.