Punjab interest free bike scheme launches special lottery push
Punjab interest-free bike scheme
Punjab interest-free bike scheme
(Web Desk): Bank of Punjab starts a special campaign to help approved students complete steps under Punjab’s interest-free bike scheme.

The Bank of Punjab has launched a special lottery prize campaign under the Punjab interest-free bike scheme to help approved students complete pending formalities.

The campaign will run from February 23 to April 23, 2026, aiming to facilitate students whose applications have already been approved but who have not yet completed digital acceptance or submitted the required equity deposit.

According to bank officials, all such students have been urged to immediately finalize their digital acceptance process and deposit the specified equity amount to secure eligibility for receiving an interest-free motorcycle. Authorities warned that applications of students who fail to complete the required steps within the given timeframe may remain pending.

The scheme was introduced by Punjab Chief Minister Maryam Nawaz to provide affordable transportation to students and make access to educational institutions easier. Under the initiative, thousands of students are being provided motorcycles on easy installments without any interest.

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The Bank of Punjab emphasized that this limited-time campaign is a valuable opportunity for eligible applicants to regularize their applications and avoid delays. Officials said the move is designed to streamline the process and ensure maximum participation in the scheme.

Students have been advised to complete all necessary procedures before the deadline to fully benefit from the initiative, which aims to reduce transportation challenges and support academic continuity across Punjab.