Bank of Punjab rolls out lottery campaign for bike scheme

The Bank of Punjab has launched a special lottery prize campaign under the interest-free bike scheme introduced by Punjab Chief Minister Maryam Nawaz, bringing positive news for students across the province.

The initiative aims to facilitate students whose applications have already been approved but who have not yet completed the digital acceptance or equity deposit process. According to bank officials, the special campaign will run from February 23 to April 23, 2026. During this period, eligible students must immediately complete their digital acceptance and deposit the required equity amount to secure their place in the scheme. By fulfilling these steps on time, students will become eligible to receive an interest-free motorcycle.

Furthermore, officials clarified that applications may remain pending if students fail to complete the required process within the given deadline. Therefore, the bank has strongly urged all approved applicants to act promptly and avoid unnecessary delays. The interest-free bike scheme aims to improve travel facilities for students and help them reach educational institutions more easily. Through this program, thousands of students across Punjab are receiving motorcycles on easy, interest-free installments, reducing financial pressure on families.

In addition, the newly launched lottery prize campaign adds further incentive for students to finalize their applications within the specified timeframe. Authorities believe this step will speed up the completion process and ensure maximum participation. Overall, the initiative reflects the provincial government’s continued focus on student welfare and accessible education. By completing the required formalities before the deadline, students can fully benefit from this opportunity and secure reliable transportation for their academic journey.