The Punjab government has formally launched the CM Punjab Meri Gari Scheme 2026, A major public transportation initiative that aims to make automobile ownership accessible to middle & low income individuals. This initiative, announced under Chief Minister Maryam Nawaz leadership/ includes subsidized car finance with low installments, transparent balloting, fully computerized application systems.
With growing gasoline and transportation costs, this effort is viewed as a timely relief for students, working women, and job seekers throughout Punjab.
What is the CM Punjab Meri Gari Scheme 2026?
The scheme’s purpose
The plan aims to give cheap vehicles to qualified Punjab residents through bank-backed loans with a subsidized markup. The government’s purpose is to enhance mobility, encourage self-employment, and eliminate dependence.
Key Features of the Meri Gari Scheme 2026
Easy installments and low markup.
Applicants can finance a car in monthly installments starting at Rs. 25,000, with payback terms ranging from 3 to 7 years. The markup rate remains supported, at approximately 6-8%, much lower than market prices.
Transparent Digital Process.
All applications are submitted online and shortlisted using a computerized balloting technique. This promotes justice and openness.
Special Quotas.
Reserved allocations are offered for women, students, and people with disabilities to ensure inclusive access.
| Also Read: 👉 CM Punjab E-Bike Scheme 2026 | Apply Online |
Who Can Apply For Meri Gari Scheme 2026?
Eligibility criteria.
To apply : Candidates must fulfill following below requirements:
- Aged between 20 and 50 years.
- Valid Punjab domicile and CNIC.
- Minimum monthly income is Rs. 30,000.
- Clean bank and loan records.
- Ability to present income evidence.
Both salaried & self employed people are eligible.
How to Apply Online for CM Punjab Meri Gari Scheme 2026
Step by Step Guide
The Punjab government has launched dedicated online registration portal. Applicants need to:
- Register using your CNIC and a registered Phone number.
- Select the vehicle category (new or certified used automobile).
- Fill in the income and employment details.
- Upload the required documents.
- Submit the form and keep the tracking ID
- SMS and an online dashboard are used to provide status updates for applications.
Required Documents for Registration
Applicants should prepare following documents beforehand:
- CNIC (front and back).
- Proof of income (salary stubs/ or bank statements).
- Recent utility bill.
- Passport-sized pictures
- Driving license (recommended,/ but not compulsory)
Installment Plan & Benefits
For a car valued around Rs. 1.6 million, applicants must make a 15-20% down payment, with the remainder covered by simple payments. Many beneficiaries are expected to utilize Vehicle for ride hailing or local transportation, allowing them to recoup expenditures & create revenue.
Latest updates on CM Punjab Meri Gari Scheme 2026.
According to official sources, registration is only accessible for a limited time, and the first balloting phase is likely to begin soon. To avoid rejection, applicants should complete verification early.
Conclusion
The CM Punjab Meri Gari Scheme 2026. Stands-out as one of Punjab’s most effective welfare driven financing projects. With cheap monthly payments, transparent procedure,& significant government supports, it provides viable road to car ownership for thousands of families. Those who meet the eligibility requirements should apply as soon as possible (ASAP) & ensure that all documents are correct.
FAQs for CM Punjab Meri Gari Scheme 2026
FAQs 1. Meri Gari Scheme interest free?
No, however it provides a heavily subsidized markup of approximately 6-8%.
FAQs 2. Is a driver’s license required?
It is preferred, but not required, at the application stage.
FAQs 3.Can used cars be financed?
Yes, certified used autos up to three years old are acceptable.
FAQs 4. Can women apply separately?
Yes, special quota seats are reserved for female applicants.
FAQs 5. How will applications be selected?
The selection is made via a transparent automated balloting technique.
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