Last week, the e-balloting for the Punjab Bikes Scheme 2024 was conducted, and the government has released the list of successful candidates. This initiative, aimed at facilitating students with transportation, received a total of 72,640 applications by the deadline of May 1, 2024. These applications were from eligible students across Faisalabad, Multan, Bahawalpur, Rawalpindi, and Lahore.
Application Breakdown
- Total Applications: 72,640
- Petrol Bikes: 57,370
- Electric Bikes: 15,270
Distribution of Bikes
Under this scheme, a total of 20,000 bikes will be distributed, including 19,000 petrol motorcycles and 1,000 electric bikes. The allocation has a dedicated quota for female students to ensure gender inclusivity.
- Petrol Bikes:
- Male Students: 11,676
- Female Students: 7,324
- Electric Bikes:
- Male Students: 700
- Female Students: 300
Post-Balloting Process
Following the e-balloting, the Bank of Punjab (BOP) will conduct a financial scrutiny of the guarantors or co-borrowers associated with the successful candidates.
Key Points of Post-Balloting Scrutiny:
- BOP may request additional documentation during this phase.
- Only those students who pass the financial scrutiny will be declared successful.
- Necessary documentation must be provided by the students along with their online application.
Bike Delivery Process
The delivery process for the bikes involves several steps to ensure proper documentation and insurance:
- Payment Receipt: Once payment is received by the vendor or their dealership, the bike will be either booked or, if available, prepared for delivery.
- Bike Details: The dealership will provide BOP with the bike’s chassis number and engine number for insurance purposes.
- Insurance and Delivery Order: BOP will arrange the bike’s insurance, issue a delivery order in the name of the concerned dealership, and hand over the delivery order to the student.
- Bike Handover: The student will then receive the bike from the dealership.
Punjab Bikes Scheme 2024 Delivery Date
The Punjab government is yet to officially announce the date for delivering of the bikes to the eligible students. It is expected that the delivery process would be start before the budget for fiscal year 2024-25 following the completion of the all process by the Bank of Punjab.
