The PM E-Bike and Rickshaw Scheme 2025, launched under the Pakistan Accelerated Vehicle Electrification (PAVE) Program, is a landmark step toward building a greener, more affordable transport system. The initiative gives citizens across Pakistan—including AJK and Gilgit-Baltistan—access to electric bikes, rickshaws, and loaders at subsidized rates.
Applicants between 18 and 65 years can apply for two-wheelers, while those aged 21 to 65 years are eligible for three-wheeler options. Financing is made easy through interest-free installment plans, fully supported by the Government of Pakistan to make EV ownership affordable for students, daily commuters, and entrepreneurs.
Loan & Installment Plan Overview
| Vehicle Type | Maximum Subsidy | Loan Cap (Max) | Equity Participation | Loan Tenure | Insurance Rate |
|---|---|---|---|---|---|
| 2-Wheeler | Rs. 50,000 | Rs. 200,000 | 20% | 24 months | 2% |
| 3-Wheeler | Rs. 200,000 | Rs. 880,000 | 20% | 36 months | 2% |
Note: Registration fees and stamping charges are payable upfront and will be included in the downpayment at actual cost.
Sample Two-Wheeler Models & Estimated Monthly Installments
Check : Mera Ghar Mera Ashiana
| Model | Company | Price (Rs.) | Monthly Installment (Approx.) |
|---|---|---|---|
| VELOCITY | Vitality Electric Vehicles | 249,000 | ~8,674 |
| Jolta JE-70L | Jolta Electric Pvt Ltd | 237,900 | ~6,263 |
| Jaguar BOLT | MS Automobiles Pvt Ltd | 234,900 | ~6,163 |
| Yadea M3H | Eiffel Industries (Road Prince) | 250,000 | ~8,333 |
With Rs. 50,000 subsidy and 20% equity contribution, riders enjoy affordable plans starting at less than Rs. 7,000 per month.
Sample Three-Wheeler Models & Estimated Monthly Installments
| Model | Company | Price (Rs.) | Monthly Installment (Approx.) |
|---|---|---|---|
| SAZGAR Shuttle (90Ah) | Sazgar Engineering Works Ltd | 1,160,000 | ~21,333 |
| Tez Raftar 1800W | Pak Star Automobile Pvt Ltd | 800,000 | ~13,333 |
| Ecodost Electric Rickshaw | Nova Mobility Pvt Ltd | 1,200,000 | ~22,222 |
| Voltix Cargo Loader | Huaguan Energy Pvt Ltd | 665,000 | ~10,333 |
Designed for small-scale business owners and delivery operators, these vehicles combine high subsidies with 36-month installment plans to make business growth easier.
Program Highlights
- Direct Subsidies: Get up to Rs. 50,000 off e-bikes and Rs. 200,000 off three-wheelers at the time of purchase.
- Zero-Interest Financing: Loans are completely interest-free, reducing long-term costs for owners.
- E-Balloting System: Fair and transparent selection process ensures equal opportunity for all applicants.
- National Coverage: Available for citizens across Pakistan, AJK, and Gilgit-Baltistan.
- Women Empowerment: A 25% quota for women riders promotes independence and safer mobility.
- Affordable Ownership: Plans are structured to be manageable for students, daily wage earners, and entrepreneurs.
Quick Access
- Portal: pave.gov.pk
- Application Process: Register online and track your status via the official portal.
- Selection: Successful applicants will be chosen through transparent e-balloting.
- Support: Government-backed program ensures long-term affordability and maintenance ease.
Final Thoughts
The PAVE initiative marks a turning point in Pakistan’s journey toward sustainable mobility. By offering interest-free financing, upfront subsidies, and nationwide availability, the PM E-Bike & Rickshaw Scheme 2025 makes electric transport an achievable reality for everyone—from university students to delivery riders and entrepreneurs.
With fuel costs climbing and environmental challenges growing, now is the perfect time to switch to electric mobility. Visit pave.gov.pk today and take the first step toward a greener, cost-effective future!