Punjab Bike Scheme Phase 2 2026 - Check Eligibility & Register for Rs. 5,000 Monthly Installment

Students and young professionals in Punjab, your wait is over! The highly anticipated Phase 2 of the CM Punjab Bike Scheme 2026 is now open for online registration, offering bikes with easy monthly installments starting as low as Rs. 5,000. This is your chance to own a subsidized petrol or electric bike to make your daily commute affordable and reliable.

Chief Minister Maryam Nawaz Sharif’s initiative aims to empower youth with personal mobility. With thousands of bikes allocated for Phase 2, the scheme includes flexible payment plans and a focus on eco-friendly electric options. If you missed the first phase, this is your final opportunity for 2026. Here is your complete guide to eligibility, the online registration process, and how the installment plan works.

How to Apply for Lost CNIC Without FIR in Pakistan – Complete 2026 Guide

What are the Key Dates for Phase 2 Registration?

Mark these important deadlines to ensure you don’t miss out on the 2026 scheme.

Key Event	Important Date for Phase 2
Online Registration Starts	Now Open
Last Date to Apply Online	30th September 2026
Balloting (Draw) Date	10th October 2026
Bike Distribution Begins	From 1st November 2026

Who is Eligible for the Bike Scheme?

You must meet all of these criteria to apply for Punjab Bike Scheme Phase 2 in 2026.

You must be a permanent resident of Punjab with a valid domicile.
You must be a student at a recognized college/university in Punjab OR a young professional.
Your age must be between 18 and 28 years.
You must have a valid CNIC and a learner’s permit or driving license.
You should not have availed any other government vehicle scheme previously.

How to Apply Online for Punjab Bike Scheme Phase 2?

The entire process is online. Follow this step-by-step guide to submit your application.

Visit the Official Portal: Go to the Punjab Government’s official Bike Scheme website (e.g., bikes.punjab.gov.pk).
Create Your Account: Register using your CNIC, email, and mobile number (you will receive an OTP for verification).
Fill the Application Form: Log in and provide accurate personal, academic, and employment details.
Select Bike Type & Upload Docs: Choose between Petrol or Electric bike. Upload scanned copies of your CNIC, student ID/proof, and driving license.
Submit and Save Tracking ID: Review all details and submit. Save your application tracking number for status checks.

Official Source: Only use the official .gov.pk or .punjab.gov.pk website for application.

What is the Monthly Installment Plan?

The Punjab Bike Scheme Phase 2 offers affordable monthly EMIs to make ownership easy.

For Petrol Bikes: Monthly installment starts from Rs. 5,000.
For Electric Bikes: Monthly installment starts from Rs. 7,000.
Loan Tenure: The repayment period is typically 2 to 3 years.
Low Subsidized Interest: The government subsidizes the interest rate, making the overall cost significantly lower than market loans.

How Does the Selection Process Work?

Selection is transparent and based on a computerized balloting system.

After the registration deadline (30th Sep 2026), a computerized draw (ballot) will be held on 10th Oct 2026.
Selected candidates will be notified via SMS and email.
The final list will also be published on the official website.
Selected applicants will then proceed with the bank financing and bike allotment process.

What are the Benefits of the Scheme?

Beyond affordable installments, the scheme offers significant advantages.

Financial Ease: Low monthly EMIs tailored for students and young earners.
Eco-Friendly Choice: Electric bike option promotes green travel and has lower running costs.
Convenience: End reliance on crowded and unreliable public transport.
Time-Saving: Reduce daily commute time significantly.
Women’s Quota: 25% of bikes are reserved for female applicants, promoting women’s mobility.

In summary, the Punjab Bike Scheme Phase 2 is a golden opportunity. Check your eligibility, gather your documents, and apply online before September 30, 2026. With manageable installments and a transparent selection process, this scheme can transform your daily commute and provide the independence you need.