The CM Punjab Meri Gari Scheme 2026 is designed to tackle the transport challenges faced by middle-income families. While the scheme is open to all Punjab residents, the 2026 update introduces priority processing for female students, ensuring they can acquire a personal vehicle through highly subsidized, low-markup installments rather than expensive commercial bank loans.
Quick Summary of the 2026 Meri Gari Scheme
| Feature | Details for 2026 |
| Down Payment | 15% to 20% of the vehicle price |
| Markup Rate | Subsidized (Approx. 6% to 8%) |
| Repayment Tenure | 3 to 7 Years |
| Target Group | Female Students, Working Women, & Low-income Families |
| Vehicle Options | New Cars & Certified Used (up to 3 years old) |
| Selection Method | Transparent Computerized E-Balloting |
New Eligibility Rules for Female Students
To make the scheme more inclusive, the eligibility criteria have been updated for 2026:
-
Residency: You must be a permanent resident of Punjab with a valid Domicile.
-
Age Limit: Generally between 20 and 50 years.
-
Academic Requirement: Female students must be currently enrolled in an HEC-recognized university or college (Student ID required).
-
Income Benchmark: A minimum verifiable monthly household income of approximately Rs. 30,000 is required to ensure installment affordability.
-
Credit History: Applicants (or their guarantors) must not be bank/loan defaulters.
-
Driving License: While a license is preferred, female students can nominate a family member as their designated driver if they do not yet have their own license.
Step-by-Step Online Registration Method
The application process is 100% digital and paperless to ensure transparency. Follow these steps:
-
Visit the Official Portal: Access the dedicated Punjab Vehicle Financing Portal (link usually provided on the Transport Department’s official website).
-
Account Creation: Register using your CNIC, active mobile number, and email address. You will receive an OTP for verification.
-
Choose Your Category: Select the “Female Student Quota” to benefit from the priority processing and specialized relief.
-
Fill the Application: Enter your personal details, educational institution info, and household income details.
-
Upload Documents: You will need clear scans of:
-
CNIC (Front and Back).
-
Punjab Domicile.
-
Latest University Fee Slip or Student ID Card.
-
Proof of Income (Salary slip of parent/guardian or 6-month bank statement).
-
A passport-size photograph.
-
-
Submit and Track: Once submitted, you will receive a Tracking ID. Keep this safe to monitor your status on the portal.
Key Benefits for Women in 2026
The “Big Relief” mentioned by the Chief Minister includes several unique advantages for women:
-
Safety First: Providing personal cars helps female students avoid the harassment and overcrowding often found in public transport.
-
Affordable Installments: Monthly payments start from approximately Rs. 25,000, which is significantly lower than private auto-financing rates.
-
Certified Used Cars: To keep prices low, students can opt for certified used cars (not older than 3 years), making the down payment much easier to manage.
-
Green E-Taxi Option: For students looking to earn while they study, the parallel Green E-Taxi Scheme offers 100% interest-free electric vehicles (EVs) like the Honri VC20/30.
Selection and Delivery Process
Because demand is extremely high, the Punjab government uses computerized e-balloting to select winners from the pool of eligible applicants. If your name appears in the ballot:
-
You will be notified via SMS and the online portal.
-
You will be required to pay the down payment to the Bank of Punjab (BOP) or the designated partner bank.
-
The vehicle will be delivered through authorized dealerships within the specified timeline.
Important Warning
The entire application process is free. The Punjab government does not authorize any “agents” or private individuals to collect cash for “guaranteed approval.” Always use the official .gov.pk portals and report any suspicious activity to the helpline at 042-111-333-267.