Students have received good news as the Punjab government is set to provide electric bikes to another 100,000 students on easy instalment plans.
According to the private media outlet, Punjab Chief Minister Maryam Nawaz made the announcement while addressing the inauguration ceremony of an electric bus service in Multan.
She said the government would provide e-bikes to an additional 100,000 students under the programme.
The chief minister said the deadline to apply for the e-bike scheme is October 4, adding that around 300,000 applications have already been received.
Special facilities have also been introduced for female students. Under the programme, girls will not be required to make a down payment to receive an e-bike. They will also be provided with free helmets and two days of free driving training.
Also Read, CM Punjab E-Bike scheme underway as 125,000+ bikes set for students
Earlier, the Punjab government announced the second phase of the CM Punjab E-Bike Scheme, under which more than 125,000 electric bikes will be distributed among talented male and female students.
Under the new arrangements, students will not have to make any down payment, while the provincial government will cover the interest and insurance costs associated with the scheme. The monthly instalment has been set at approximately Rs3,000 in principal.
Punjab Chief Minister Maryam Nawaz has directed the relevant authorities to launch the e-bike portal during the current week and ensure that eligible students receive their bikes within six weeks. The electric bikes will be equipped with Lithium Iron Phosphate (LFP) batteries.
