Under the vision of Chief Minister Maryam Nawaz, the Punjab government has launched the “Meri Gari Scheme 2026″, a transformative initiative aimed at empowering the youth, women, and middle-income families. As of January 2026, the program has been updated to include both fuel-efficient 1000cc cars and brand-new electric vehicles (EVs) to promote a greener Punjab.
This scheme is specifically designed for those who need a reliable vehicle for personal use or to start a small business (like ride-hailing services) but cannot afford the heavy upfront costs of the current market.
| Feature | Details |
| Scheme Name | CM Punjab Meri Gari / Green Taxi Scheme 2026 |
| Vehicle Types | 660cc, 1000cc, and Electric Vehicles (EVs) |
| Interest Rate | 0% (Interest-Free) for EVs; Subsidized for Petrol |
| Down Payment | 15% to 25% (Varies by category) |
| Monthly Installment | Starting from Rs. 15,000 to Rs. 28,000 |
| Repayment Tenure | 3 to 7 Years |
| Application Mode | 100% Online Digital Portal |
Eligibility Criteria
To ensure that the benefits reach the truly deserving, the Punjab government has set the following eligibility standards for 2026:
- Residency: Must be a permanent resident of Punjab with a valid CNIC.
- Age Limit: Applicants must be between 21 and 55 years old.
- Income Requirement: A minimum monthly income of Rs. 30,000 (for salaried or self-employed).
- Driving License: A valid driving license is mandatory (either for the applicant or a nominated driver for women/disabled persons).
- Financial Integrity: The applicant must not be a defaulter of any bank or previous government loan schemes.
Monthly Installment & Financing Plans
The January 2026 update introduced specialized tiers to make installments more manageable:
- Tier 1 (Electric Vehicles): To combat smog, the government is offering interest-free financing on EV models like the Honri VC20. Installments for these start as low as Rs. 15,000 per month.
- Tier 2 (Petrol Vehicles): For 1000cc hatchbacks (Suzuki Alto, Cultus, etc.), the markup is heavily subsidized at a fixed rate of approximately 6%, significantly lower than commercial bank rates.
- Repayment Tenure: You can choose a plan ranging from 36 months to 84 months, allowing you to adjust the monthly burden according to your pocket.
How to Apply Online (Step-by-Step)
The registration process is paperless and handled through the official Punjab Government portal:
- Step 1: Visit the official Meri Gari Portal (or e-Khidmat center).
- Step 2: Create an account using your CNIC and a mobile number registered in your name.
- Step 3: Fill in the digital application form with your employment details and preferred vehicle type.
- Step 4: Upload scanned copies of your CNIC, Domicile, Income Proof, and a Utility Bill.
- Step 5: Submit the application and receive a Tracking ID via SMS.
Conclusion
The CM Punjab Meri Gari Scheme 2026 is more than just a car loan; it is a step toward financial independence for thousands of families. By offering interest-free options for electric cars and subsidized rates for fuel vehicles, the Punjab government is making modern transportation accessible to the common man.