The CM Punjab Meri Gari Scheme 2026 is a government-backed vehicle financing program designed to make car ownership affordable for families, youth, students, women, and job seekers across Punjab. The scheme offers low markup rates, easy installments, and a fully online application process.
Unlike commercial auto loans, this initiative focuses on mobility, income generation, and daily convenience under transparent government supervision.
Whether you need a car for family use or to earn a living, this scheme provides a practical path to vehicle ownership.
CM Punjab Meri Gari Scheme 2026
| Feature | Details |
|---|---|
| Scheme Name | CM Punjab Meri Gari Scheme 2026 |
| Launched By | Government of Punjab |
| Eligible Applicants | Students, women, job seekers, salaried and self-employed |
| Vehicle Options | New cars and certified used cars |
| Financing Tenure | 3 to 7 years |
| Minimum Income | Rs 30,000 per month |
| Application Mode | Online digital process |
| Coverage Area | Punjab province |
What Is CM Punjab Meri Gari Scheme?
The CM Punjab Meri Gari Scheme aims to reduce the financial burden of buying a car. Instead of high-interest bank loans, the government offers subsidized markup, lower down payments, and bank-backed financing with clear terms.
One key feature is its support for income generation. Applicants can submit a simple earning plan, such as ride-hailing or delivery work, to strengthen approval chances. This makes the scheme suitable not only for families but also for youth looking to become financially independent.
Who Can Apply? Eligibility Criteria Explained
The Punjab government has defined clear rules to ensure fair access.
- Punjab domicile and valid CNIC
Applicant must be a permanent resident of Punjab. - Age limit: 20 to 50 years
Ensures financial stability during the repayment period. - Minimum monthly income: Rs 30,000
Applies to salaried and self-employed individuals. - Clean banking record
No loan default history is allowed. - Driving license preferred
Women and differently-abled applicants may nominate a driver.
Job seekers can apply by submitting a basic income or earning plan. This improves approval chances.
CM Punjab Meri Gari Scheme Offers Low Markup Cars for Families and Youth
The scheme prioritizes families and young earners who struggle with rising transport costs. Low markup and long repayment tenures reduce monthly pressure, making car ownership realistic for middle-income households.
Women and differently-abled applicants receive priority consideration, encouraging inclusion and independence.
Required Documents for Online Registration
Applicants must upload clear and readable documents to avoid delays.
- CNIC (front and back)
- Passport-size photograph
- Salary slip or recent bank statement
- Utility bill for address verification
- Driving license (applicant or nominated driver)
- Bank account details for EMI deductions
Women and differently-abled applicants should also upload relevant proof to avail priority quota benefits.
How to Apply Online – Step-by-Step Process
The entire process is digital. No agents are required.
- Visit the official Punjab government vehicle financing portal.
- Create an account using your CNIC and registered mobile number.
- Enter personal, income, and job details carefully.
- Select a new or certified used vehicle (up to three years old).
- Upload all required documents in PDF or JPG format.
- Submit the application and save your tracking ID.
- Wait for bank verification and approval call.
- Pay the down payment and sign financing documents.
- Collect your vehicle from an authorized dealership.
Installment Cost Examples and EMI Guidance
Monthly installments depend on vehicle price, tenure, and bank policy.
- Rs 1,600,000 vehicle
15% down payment, 5-year tenure
EMI around Rs 25,000 to 28,000 - Rs 2,000,000 vehicle
20% down payment, 6-year tenure
EMI around Rs 26,000 to 30,000 - Rs 2,400,000 vehicle
20% down payment, 7-year tenure
EMI around Rs 30,000 to 35,000
Financial experts advise keeping EMIs within 35% of monthly income for stability.
Major Benefits and Income Opportunities
This scheme goes beyond simple car ownership.
- Low markup rates compared to commercial auto loans
- Flexible repayment tenure from 3 to 7 years
- Suitable for income generation activities
- Priority support for women and differently-abled applicants
Many beneficiaries earn through ride-hailing, courier delivery, school pick-and-drop services, and airport transfers.
Helpline and Official Support Channels
Applicants should rely only on official sources.
- Punjab Government Helpline: 0800-02345
- Punjab e-Khidmat Centers: Available in major districts
- Online Portal: Application tracking via CNIC and tracking ID
- SMS Alerts: Status updates sent to registered mobile number
Avoid agents claiming guaranteed approval.
Conclusion
The CM Punjab Meri Gari Scheme 2026 offers a real solution for families and youth who want reliable transport without heavy financial pressure. With low markup, digital processing, and income-friendly installments, the scheme supports mobility, employment, and economic growth across Punjab.
By applying through the official portal and following the guidelines carefully, eligible citizens can secure a car and move toward a more stable and independent future
