How can students apply online for the CM Punjab Electric Bike Scheme 2026?

I am trying to understand the proper way to apply for the CM Punjab Electric Bike Scheme 2026. There are many updates online, but I want to make sure I follow the correct process without making any mistakes. I read some guidance on e-bike.com.pk about the online application procedure, but I still have a few questions.

I would like to know who is actually eligible for this scheme. Is it only for university students, or can college students also apply? I am also unsure about the required documents. Do applicants need income proof, student ID verification, or any bank-related documents before submitting the form?

If someone has already applied for this scheme, please share the full step-by-step process, including how long approval usually takes and how the installment plan works. I want to complete everything correctly the first time.