Students enrolled in the CM Punjab Interest-Free Bike Scheme have received a major relief. The Bank of Punjab (BOP) has officially extended the deadline until 15 January 2026 for completing pending formalities under its Special Lottery Prize Campaign.
This extension is specifically aimed at students whose bike loans were already approved but could not be finalized due to incomplete digital acceptance or unpaid equity amounts. The decision ensures that deserving students do not miss out on this valuable opportunity due to procedural delays.
What Is the Latest Update from Bank of Punjab?
According to BOP’s official announcement, students who failed to complete the final steps on time are being given one last chance to secure their interest-free bike and qualify for exciting rewards.
Key Highlights of the Deadline Extension
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New deadline: 15 January 2026
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Applies only to: Already approved bike loan applications
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Pending actions:
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Digital acceptance of Terms & Conditions
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Payment of required equity amount
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No new applications are being accepted under this extension
This update is a relief for hundreds of students who were at risk of losing their approved allocation.
Who Can Benefit from This Deadline Extension?
Not all applicants fall under this update. Only students meeting the following conditions are eligible:
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Bike loan approved by Bank of Punjab
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Digital acceptance of T&Cs pending
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Equity amount not yet deposited
If your application has already cleared verification but remains incomplete, you must act immediately. BOP has clearly indicated that no further extensions are expected.
How to Pay Equity Amount Under CM Punjab Bike Scheme
The payment process is fully digital and user-friendly. Follow these steps carefully to avoid any issues:
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Open the SMS link received on the guarantor’s registered mobile number
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Log in using the guarantor’s CNIC
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Review loan and equity payment details
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Pay the equity amount using available banking channels
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Confirm payment to proceed toward bike delivery
Once payment is completed, your application moves to the final stage.
How to Accept Terms & Conditions Digitally
Accepting the Terms and Conditions is mandatory and legally finalizes your loan agreement.
Steps to Complete Digital Acceptance
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Visit the official portal: https://dpl.bop.com.pk/bike#/login
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Log in using the guarantor’s CNIC
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Read all loan Terms & Conditions carefully
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Provide digital consent and submit
Without this step, your loan will remain incomplete—even if payment is made.
Documents Required to Complete the Process
Before starting, ensure you have the following documents ready:
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Student’s CNIC
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Father/guardian’s CNIC
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Valid domicile certificate
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Active mobile number
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Institute-issued student certificate
Having complete documentation ensures a smooth and error-free process.
What If You Miss the 15 January 2026 Deadline?
Failing to complete the required steps within the extended timeline can lead to serious consequences:
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Approved bike allocation may be canceled
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Loan approval status may be permanently withdrawn
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Student will be excluded from the lottery draw
This extension is being treated as a final opportunity, so delays could cost you the entire benefit.
Benefits of Completing the Process on Time
Students who finalize their applications before the deadline enjoy multiple advantages:
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Guaranteed continuation of interest-free bike loan
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Automatic entry into BOP Special Lottery Prize Campaign
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Improved mobility for education and daily commute
Timely completion ensures both financial relief and lifestyle convenience.
BOP Special Lottery Prize Campaign – What’s in It for Students?
To encourage timely compliance, the Bank of Punjab is offering attractive rewards through its Special Lottery Prize Campaign.
Possible Rewards Include:
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iPhones
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Umrah tickets
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Other valuable prizes announced by BOP
Only students who pay dues and accept T&Cs before 15 January 2026 will be included in the lucky draw.
CM Punjab Interest-Free Bike Scheme – Quick Overview
| Category | Details |
|---|---|
| Scheme Name | CM Punjab Interest-Free Bike Scheme |
| Bank | Bank of Punjab |
| Extended Deadline | 15 January 2026 |
| Login Requirement | Guarantor’s CNIC |
| Required Actions | Equity payment & T&Cs acceptance |
| Bonus Benefit | Entry in Lottery Prize Campaign |
Final Advice for CM Punjab Bike Scheme Students
This deadline extension reflects the government’s commitment to student welfare and financial inclusion. If your bike loan is approved but incomplete, do not wait until the last day.
Complete all pending steps as soon as possible to secure your bike, retain loan approval, and become eligible for exciting prizes. Missing this deadline could mean losing the opportunity permanently.
FAQs – CM Punjab Bike Scheme Deadline Extension
Q1: Is this extension for new applicants?
No, it applies only to students with already approved loans.
Q2: Can I pay equity after 15 January 2026?
No, payments after the deadline will not be accepted.
Q3: Will I be included in the lottery automatically?
Yes, once payment and T&Cs acceptance are completed on time.
