2 min read
The Bank of Punjab (BOP) has kicked off a special lottery prize campaign for students enrolled in the CM Punjab Interest-Free Bike Scheme, encouraging them to complete pending digital formalities and equity payments.
The CM Punjab Interest-Free Bike Scheme provides eligible students with interest-free loans to purchase motorcycles, aiming to support mobility and education across the province. The Bank of Punjab has now added a lottery incentive to motivate students who have approved loans but have not finalized the acceptance digitally or submitted their equity amount.
Details of the Campaign
Launched on November 27, 2025, the campaign allows students to secure their bike loans and enter the lottery by completing the digital acceptance process through a new SMS link sent to guarantors’ mobile numbers.
Students who finalize their applications will be eligible to win laptops, iPhones, and Umrah tickets during the first ten days, ending December 6, 2025. From December 7 to December 16, 2025, prizes will include iPhones and Umrah tickets.
A Bank of Punjab spokesperson stated:
“This initiative encourages students to complete their loan formalities promptly while rewarding them for early completion. Terms and conditions apply to all participants.”
The lottery scheme reflects BOP’s effort to combine financial support with exciting incentives, ensuring more students benefit from the scheme while motivating timely action.
