More discount on bikes for students

Lahore: The Punjab Cabinet has approved more discounts on bikes for students.

Following the request of the Punjab Transport Department, the subsidy on the charges was related to the registration of all types of bikes which will be paid by the provincial government. The bank processing fee of Rs1,500 per bike will be paid by the Punjab government.

Students who have already paid the bank processing fee will get transferred back to their accounts. The bike registration, number plate, and card costs will also be borne by the government, students will only have to pay bike installments, insurance, and uplift money.

After the approval of the Punjab Cabinet, new SOPs related to bikes were implemented.