E-Bike Scheme: CM rejects proposals for down payment, charges other than monthly instalments from students

LAHORE: More than 125,000 e-bikes will be provided to talented male and female students under the “CM Maryam Nawaz E-Bike Scheme.” The Punjab government will also bear the interest and insurance costs on the e-bikes.

A special meeting chaired by Punjab Chief Minister Maryam Nawaz Sharif reviewed the E-Bike Scheme. The Chief Minister rejected proposals seeking a down payment from students as well as charges other than the monthly instalment.

The meeting agreed in principle to a proposal for fixing the monthly instalment for students at around Rs3,000.

The CM Nawaz Sharif also accorded in-principle approval to gradually expand the scope of the “CM E-Bike Scheme” to government employees, departments and public delivery riders.

The Chief Minister ordered that the e-bike portal be opened this week. She also directed that arrangements be made to provide e-bikes to eligible students within six weeks.

The meeting was briefed that helmets and safety rods would also be provided free of cost along with the e-bikes under the scheme. The e-bikes would be equipped with Lithium Iron Phosphate (LFP) batteries.

On the directives of Chief Minister Maryam Nawaz Sharif, aspiring students would also be provided free two-day training in e-bike driving.

Copyright Business Recorder, 2026