BOP Launches Prize Lottery to Encourage Students in CM Bike Scheme
The Bank of Punjab (BOP) has introduced a special Lottery Prize Campaign aimed at students enrolled in the CM Punjab Interest-Free Bike Scheme, focusing on those who have received loan approval but still haven’t completed two key requirements:
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Digital acceptance of the terms and conditions
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Submission of their equity amount
The campaign officially started on November 27, 2025, and will run until December 16, 2025, offering students a chance to win valuable prizes if they complete their pending steps during this period.
Why the Lottery Campaign Was Introduced
According to bank officials, a large number of students had their loans approved but didn’t proceed with the final digital steps. Many delayed due to:
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Lack of awareness about the digital portal
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Uncertainty regarding guarantor confirmation
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Misunderstanding about the equity deposit timeline
To speed up the process and avoid delays in bike delivery, BOP launched this reward-based initiative.
How Students Can Participate
BOP has now sent fresh SMS links to the mobile numbers of guarantors. Students must:
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Click the SMS link sent to the guarantor
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Log in to the digital portal
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Accept the terms and conditions
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Deposit the required equity amount
Once completed, the student becomes fully eligible for the interest-free bike and enters the BOP prize lottery.
Prizes Offered During the Campaign
The bank has divided the campaign into two phases, offering different rewards:
🔹 Phase 1: November 27 – December 6, 2025
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Laptops
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iPhones
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Umrah tickets
🔹 Phase 2: December 7 – December 16, 2025
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iPhones
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Umrah tickets
These prizes are being offered to encourage students to complete pending formalities quickly instead of letting their approvals expire.
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Key Facts and Figures
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Over 100,000+ students applied for the CM Bike Scheme earlier this year.
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A significant portion of approved applicants estimated at 30 to 35%, according to officials had not completed digital acceptance.
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The scheme includes both electric bikes (E-bikes) and petrol bikes, with interest-free monthly installments.
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By accelerating the completion process, the government aims to distribute the first batch of bikes before the end of the year.
Why This Campaign Matters
The lottery initiative is expected to benefit students in several ways:
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Faster processing of bike distribution
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Clear instructions for pending steps
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Extra motivation through high-value prizes
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Reduced delays caused by inactive or unresponsive students
A senior BOP representative said the campaign is designed to “reward timely action” and ensure that students who need bikes for commuting do not miss out.
Summary
The Bank of Punjab has launched a special lottery campaign for students in the CM Punjab Interest-Free Bike Scheme who have not completed their digital acceptance or equity payment. Students can confirm their loan and enter the prize draw by using the SMS link sent to their guarantors and finishing the required steps. The campaign offers prizes such as laptops, iPhones, and Umrah tickets from November 27 to December 16, encouraging students to complete their pending loan process early.
