CM Punjab Meri Gari Scheme 2026 The Punjab government, under the dynamic leadership of Chief Minister Maryam Nawaz, has officially opened the registration for the CM Punjab Meri Gari Scheme 2026. This landmark initiative is designed to bridge the gap between middle-income families and car ownership. By offering subsidized markup rates and flexible installment plans, the government aims to empower youth, women, and small business owners to gain mobility and economic independence.
Unlike traditional auto loans that come with high interest rates and complex paperwork, the “Meri Gari” project is a fully digital and transparent system. It allows citizens to acquire either a brand-new vehicle or a certified used car through a streamlined process that eliminates the need for middle-men or agents.
Key Benefits of the Meri Gari Scheme
The 2026 phase of the scheme introduces several features that make it highly attractive for the general public:
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Subsidized Markup: The government provides a significant subsidy on the markup, keeping it as low as 5% to 8%, which is much lower than current market rates.
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Flexible Tenure: Borrowers can choose a repayment period ranging from 3 to 7 years, allowing for manageable monthly installments.
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New & Used Options: Applicants can choose from a list of approved brand-new cars or certified used vehicles (up to 3 years old) to fit their budget.
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Income Generation: The scheme encourages using the vehicle for commercial purposes like ride-hailing services (Careem, InDrive) or delivery partnerships to help pay off the installments.
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Special Quotas: Dedicated seats and relaxed criteria are available for women, students, and differently-abled individuals.
Who Can Apply? (Eligibility Criteria 2026)
To ensure that the scheme benefits those who truly need it, the Punjab government has set specific eligibility benchmarks:
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Residency: Must be a permanent resident of Punjab with a valid CNIC and Domicile.
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Age Limit: Applicants must be between 20 and 50 years of age.
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Monthly Income: A minimum monthly income of Rs. 30,000 is suggested to ensure the installment (EMI) is affordable. Both salaried and self-employed individuals can apply.
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Clean Financial Record: The applicant must not be a bank or loan defaulter.
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Driving License: A valid motorcycle or car driving license is required. If the applicant cannot drive, they may nominate a driver who holds a valid license.
Estimated Installment Plan & Costs
While the exact monthly payment depends on the car model and the down payment, the following illustrative table provides an idea of the 2026 installment structure:
| Vehicle Value | Down Payment (15-20%) | Tenure | Estimated Monthly EMI |
| Rs. 1,600,000 | Rs. 240,000 | 5 Years | Rs. 25,000 – 28,000 |
| Rs. 2,000,000 | Rs. 400,000 | 6 Years | Rs. 26,000 – 30,000 |
| Rs. 2,400,000 | Rs. 480,000 | 7 Years | Rs. 30,000 – 35,000 |
Step-by-Step Guide to Apply Online
The application process is simple and can be completed via the official Punjab Government Vehicle Finance Portal. Follow these steps carefully:
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Account Creation: Visit the official portal and register using your CNIC and a mobile number registered in your name.
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Basic Information: Fill out the digital form with your personal details, income sources, and residential address.
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Vehicle Selection: Choose your preferred category—either a new car or a certified used vehicle from the approved partners.
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Document Upload: Attach clear scanned copies of your CNIC, salary slips or bank statements, recent utility bill, and driving license.
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Submission: Review your application and submit. You will receive a unique Tracking ID via SMS to monitor your application’s progress.
Why Your Application Might Get Rejected
Transparency is a priority for the CM Maryam Nawaz administration. Applications are often rejected due to simple errors such as:
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Providing an expired CNIC or mismatched domicile details.
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Uploading blurry or unreadable documents.
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Failing the bank’s credit history check (being a defaulter).
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Inaccurate income disclosure that doesn’t match the bank statement.
The CM Punjab Meri Gari Scheme 2026 is a significant step toward making car ownership a reality for the common citizen. By providing a digital, merit-based path to mobility, the government is not just giving away cars; it is providing a tool for economic empowerment.