PM Youth Loan 2026: Easy Eligibility & Apply Guide
Prime Minister's Youth Programme (PMYP) · Pakistan
Government of Punjab — Transport & Masstransit Department · Lahore, Pakistan
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If you're reading this on 4 October, move fast. The deadline for Phase 2 of the CM Punjab e-bike scheme for students is 4 October 2026. Competition is heavy. About 1.14 million students had registered for 100,000 bikes, roughly 11 applicants per bike.
To apply for the Punjab E-Bike Scheme Phase 2 2026, create an account on the official portal at bikes.punjab.gov.pk using your CNIC, email, and password. Then complete your personal and academic details, upload your documents, and submit before 4 October 2026. Applicants need a Punjab domicile or identity card and must be regular students at a recognised public or private institution.
The CM Punjab E-Bike Scheme is a provincial programme that helps students buy electric bikes through government-subsidised, interest-free instalments. Phase 2 plans 100,000 electric bikes for eligible students, with a Rs. 90,000 capital subsidy from the Punjab government.
It is not a free giveaway. Students still pay monthly instalments, but the government absorbs a large share of the cost.
| Detail | Phase 2 |
|---|---|
| Total bikes | 100,000 |
| Bike price | Rs. 199,000 |
| Government subsidy | Rs. 90,000 per bike |
| Monthly instalment | Rs. 3,028 |
| Down payment | Waived |
| Interest and insurance | Paid by the Punjab government |
| Extras | Free helmet, safety rod and two days of safety training |
| Delivery target | Within six weeks of completing the application process |
| Last date | 4 October 2026 |
Where the instalment comes from: Rs. 199,000 minus the Rs. 90,000 subsidy leaves Rs. 109,000. Spread over 36 months (three years), that is about Rs. 3,028 a month. So there is no hidden interest in the maths.
Reports on the exact rules differ, so read this section carefully.
Practical advice: The live portal is the final authority. If its rules differ from this article, follow the portal.
Based on what the portal and guides describe, prepare these before you start:
Scan everything clearly. Blurry uploads are a common reason for delays.

If the portal closes before you finish, watch the official channels for a possible extension or a future phase. The CM Punjab Official Website and the Punjab Transport Department are the places for announcements. Meanwhile, get your licence or permit sorted and keep your documents ready.
For an additional walkthrough, the e-bike scheme how-to-apply guide covers the process, but treat it as a third-party guide, not an official source.
The Punjab E-Bike Scheme Phase 2 2026 offers students a low-cost route to an electric bike, but the competition is steep. If you meet the requirements, apply today on the official portal, keep your documents accurate, and avoid anyone charging fees. If you are too late, prepare your paperwork now for the next announcement.
Looking for more student opportunities? Browse our Scholarships and Career Guidance sections on CareersOz.
4 October 2026, according to the official portal as reported by recent guides.
100,000 in Phase 2.
About Rs. 3,028 a month for three years, with no down payment and no interest.
Yes, students of both public and private institutions can apply, subject to scheme requirements.
No. Only one per family.
You need a valid driving document. Reports mention a licence, learner's permit or juvenile permit. Check the portal for what applies to your age.
Current Phase II focuses on students, and employee-specific terms have not been announced.
Official source: bikes.punjab.gov.pk
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