The PM Electric Bike Rickshaw Scheme 2025 is a bold step by the Government of Pakistan to make transport affordable, eco-friendly, and accessible for everyone. Through this government EV scheme 2025, students, women, delivery riders, and families can now benefit from low-cost electric bike subsidy Pakistan and attractive repayment options.
With an easy 0% markup installment plan, applicants can register via the official pave.gov.pk apply online portal without any hassle. Covering both rural and urban areas, this initiative aims to reduce fuel dependency, create jobs, and improve air quality. This complete FAQ and guide explains everything you need to know before applying..
What is the PM Electric Bike & Rickshaw Scheme?
The scheme allows applicants to buy e-bikes, scooters, e-rickshaws, and e-loaders on easy financing. The government provides a subsidy amount Rs. 50,000 e-bike and subsidy amount Rs. 200,000 e-rickshaw to make vehicles affordable. Banks will handle the monthly repayment schedule Pakistan through verified accounts.
Objectives of the Government EV Program
The goal is simple: reduce pollution, cut fuel costs, and give citizens low-cost transport. This initiative also supports the Punjab EV scheme apply online, which is expanding into rural and urban areas. The government hopes to create jobs for delivery riders, help women through the women quota e-bike scheme, and boost businesses using installment plan for e-bikes and loaders.
Eligibility Criteria for Applicants
Anyone who wants to join the PAVE loan scheme eligibility program must meet the requirements. Eligibility: Pakistani citizens, students, government employees, fleet operators, women (25% quota) can apply. The age requirement: 18–65 years (e-bikes), 21–65 years (rickshaws/loaders) applies to all applicants.
Applicants must provide income proof for loan approval. The scheme is designed for every region, covering all Pakistan including Gilgit-Baltistan & AJK. With support for both men and women, this subsidy makes EVs accessible for every community.
Who can apply (Age, Gender, Employment Status)
The scheme is open for working professionals, freelancers, students, delivery riders, and small business owners. Both men and women can apply, and government employees are also eligible if they meet income standards.
Can females, students, and government employees apply?
Yes, this scheme strongly supports women and youth. There is a 25% quota for women along with opportunities for students. Government employees can also apply if they show valid income proof for loan approval.
Is the scheme available in rural and urban areas?
Yes, this subsidy covers all provinces, including rural and urban areas. The government aims to provide equal access, whether in Punjab, Sindh, KPK, Balochistan, Gilgit-Baltistan, or AJK.
Vehicle Categories and Subsidy Amounts
The PM electric vehicle subsidy program offers three types of vehicles. All are part of the Engineering Development Board (EDB) approved models, which guarantees safety and durability.
| Vehicle Type | Total Price (Approx.) | Subsidy Provided | Repayment Plan |
| E-Bike / Scooter | Rs. 150,000 – 250,000 | Rs. 50,000 | 2 years |
| E-Rickshaw | Rs. 450,000 – 600,000 | Rs. 200,000 | 3 years |
| E-Loader | Rs. 500,000 – 700,000 | Rs. 200,000 | 3 years |
E-Bike / Scooter – Price, Subsidy & Installments
The installment plan for e-bikes is simple. After the subsidy amount Rs. After paying Rs. 50,000 for the e-bike, the rest of the amount is cleared in 24 parts. This makes it affordable for students and daily commuters.
E-Rickshaw – Price, Subsidy & Installments
The subsidy brings down the cost of e-rickshaws and loaders to an affordable level. An e-rickshaw subsidy amount Rs. 200,000 is offered, with the balance spread over 36 months. This is a huge relief for low-income families.
E-Loader – Price, Subsidy & Installments
E-loaders also qualify for a Rs. 200,000 subsidy. The loan repayment period 2 years / 3 years ensures flexible payments for small businesses and goods transporters.
Can I choose my own brand or model?
Yes, but only from the Engineering Development Board (EDB) approved models list. This keeps vehicle quality consistent and ensures warranty for electric vehicles Pakistan.
Loan, Installments & Repayment Plan
Under the 0% markup installment plan, there is no hidden charge for markup. The only costs are insurance and documentation charges PAVE. This makes the scheme transparent and fair.
Applicants will pay in monthly repayment schedule Pakistan. Banks calculate the amount using the bank installment calculator pave scheme, so everyone knows their exact EMI.
Do I need to pay anything upfront?
Yes, small upfront payments are needed for insurance, documentation charges, and price difference (if above Rs. 250,000).
Processing charges, insurance & registration fee details
The insurance and documentation charges PAVE include theft and accident coverage. This protects the buyer while making sure the vehicle is secure.
What happens if I miss an installment?
If an installment is missed, penalties apply. In repeated cases, vehicle repossession may occur. This also leads to blocked future scheme eligibility.
Loan repayment period and bank financing rates
The loan repayment period 2 years / 3 years depends on the vehicle type. Government 0% markup installment plan applies, but private banks may charge 16.5% – 19.5% interest.
Partner Banks & Financing Options
The government has partnered with both public and private banks to make this PM Electric Bike Rickshaw Scheme 2025 successful. Citizens can apply through government 0% markup financing banks or choose private banks that offer flexible terms.
Those who apply through the online application portal EV scheme can select their financing option during registration. Banks will provide vehicle delivery confirmation through bank and portal, making the process secure and transparent.
Government 0% Markup Financing Banks
Government-supported banks will offer loans under the 0% markup installment plan. This means buyers pay only the principal amount, without any extra markup. These banks are the preferred option for applicants who want low monthly installments.
Private Bank Financing (Markup Rate 16.5% – 19.5%)
Private banks will also provide loans, but with markup rates between 16.5% and 19.5%. While this option may cost more, it still allows many to access vehicles who might not qualify for government banks.
How to compare subsidy and EMI options?
Applicants can use the bank installment calculator pave scheme to check different EMI amounts. Comparing government EV scheme 2025 banks and private banks helps in choosing the best plan based on income and repayment ability.
Special Quotas in the PM EV Scheme
The PM electric vehicle subsidy program is designed to benefit every group in society. That is why special quotas have been set aside to ensure fair distribution.
These quotas help women, students, delivery riders, small businesses, and families who would otherwise struggle to afford vehicles under traditional financing.
25% Quota for Women
A 25% quota of e-bikes has been reserved exclusively for women. This helps female students, professionals, and homemakers gain access to clean transport with safety and independence.
Quota for Delivery Riders & Students
Delivery riders and students have also been given preference in this scheme. With rising fuel prices, the electric bike subsidy Pakistan ensures affordable transport for young people who need it most.
Small Business & Low-Income Families Support
The government has also reserved vehicles for small businesses and low-income families. The subsidy on e-rickshaw and loaders makes it easier for shopkeepers, farmers, and daily wage earners to own vehicles and increase income.
Required Documents for Registration
To apply through pave.gov.pk apply online, applicants must provide basic documents. These documents prove identity, income, and eligibility under the PAVE loan scheme eligibility rules.
Without proper documentation, the application cannot be approved by the financing bank.
CNIC, Domicile & Bank Account IBAN
Applicants must upload their CNIC, domicile, and an active bank account IBAN. This ensures that subsidy payments and installments can be tracked.
Driving License & Income Certificate
A valid driving license is needed for e-bikes, rickshaws, and loaders. Applicants must also attach an income proof for loan approval, which may include salary slips or business statements.
Passport Size Photograph
A recent passport size photograph is required for identification in the online application portal EV scheme. This photo will also be used in official bank records.
Step-by-Step Application Process on pave.gov.pk
The application process has been made simple through the Punjab EV scheme apply online system. Applicants are not required to go to government offices anymore.
Everything from registration to vehicle delivery confirmation through bank and portal can be done from home using the official website.
Online registration guide
Applicants must visit pave.gov.pk apply online and create an account. After entering personal details, the system generates a registration ID.
OTP verification & form filling
A one-time password (OTP) is sent to the applicant’s mobile for verification. After this, the form must be filled with correct details including employment and income.
Uploading documents & final submission
Applicants then upload CNIC, income certificate, photograph, and bank details. After reviewing all entries, the form can be submitted for processing.
How to track your application status
Applicants can check their status anytime by logging into the online application portal EV scheme. Updates such as approval, bank confirmation, and delivery are also sent via SMS and email.
Vehicle Delivery & After-Sales Support
One of the main features of the PM Electric Bike Rickshaw Scheme 2025 is its focus on delivery and long-term support. Buyers are assured that vehicles will not only be delivered safely but also maintained properly.
The scheme ensures after-sales service and spare parts EV scheme, which is a major step towards customer satisfaction.
When and how vehicles will be delivered
Vehicles are delivered directly by the manufacturers after bank confirmation. Buyers receive updates through SMS, email, and portal notifications.
Maintenance and after-sales service
Authorized dealers will provide after-sales service and ensure spare parts availability. This reduces repair costs and increases the life of the vehicles.
Insurance coverage in case of theft or accident
Every financed vehicle is covered under insurance: theft, accident coverage included. This adds financial security for applicants.
Can I sell the vehicle before completing installments?
No, vehicles cannot be sold before completing installments. Breaking this rule can result in vehicle repossession and blocked future scheme eligibility.
Important Dates & Deadlines
The PM electric vehicle subsidy program has set specific timelines for registration and delivery. Applicants must follow these dates to avoid missing out.
The entire process is monitored through vehicle delivery confirmation through bank and portal, which makes it transparent.
Registration start date
Registrations open on the official online application portal EV scheme as per government announcement.
Last date to apply
The last date will also be announced, after which no new entries will be accepted.
Selection method (e-balloting)
If applications exceed the available quota, an e-balloting system will decide the successful applicants.
First phase distribution plan
The first batch of e-bikes, rickshaws, and loaders will be delivered in phases. Details are regularly updated on the pave.gov.pk apply online portal.
Example EMI Calculations for EVs
To help applicants understand the monthly repayment schedule Pakistan, here are sample EMI breakdowns for different vehicles. These examples show how the installment plan for e-bikes and loaders works under the PM Electric Bike Rickshaw Scheme 2025.
The table below shows approximate values based on subsidies and repayment plans:
| Vehicle Type | Price (Approx.) | Subsidy | Loan Tenure | Monthly EMI (0% Markup) |
| E-Bike | Rs. 200,000 | Rs. 50,000 | 2 years | Rs. 6,250 |
| E-Rickshaw | Rs. 500,000 | Rs. 200,000 | 3 years | Rs. 8,333 |
| E-Loader | Rs. 600,000 | Rs. 200,000 | 3 years | Rs. 11,111 |
These figures are based on the bank installment calculator pave scheme. Actual EMIs may vary slightly depending on insurance and documentation charges PAVE and any additional upfront payments.
E-Bike monthly installment examples
For e-bikes, after a subsidy amount Rs. 50,000 e-bike, the remaining Rs. 150,000 is divided into 24 installments. That makes it easier for students and professionals to manage.
E-Rickshaw installment examples
With an electric rickshaw financing Pakistan plan, the buyer pays only Rs. 300,000 after subsidy. Spread over 36 months, the EMI is manageable even for delivery riders or families with low income.
E-Loader installment examples
E-loaders, used for small businesses, are financed under a loan repayment period 2 years / 3 years. The EMI ensures affordability without burdening shopkeepers or transport operators.
Common FAQs (Extended Version)
Many applicants have common concerns while applying through pave.gov.pk apply online. Here are detailed answers to the most frequent questions.
Can I apply for more than one vehicle?
No, each applicant can only apply for one vehicle under the PM electric vehicle subsidy program. If you apply for multiple vehicles, your request will be disqualified.
Can I apply without using the web portal?
No, all applications must go through the online application portal EV scheme. Manual or paper submissions are not accepted.
Can someone else drive my registered vehicle?
Yes, family members or employees can drive the vehicle. However, ownership remains with the registered applicant until installments are completed.
What happens if I already applied in another EV scheme?
Applicants who are already part of another government EV scheme 2025 may not qualify for this program. Double registration can result in blocked future scheme eligibility.
Conclusion – Why This Scheme is a Game-Changer
The PM Electric Bike Rickshaw Scheme 2025 is more than just a subsidy plan; it is a lifeline for ordinary Pakistanis. From students to delivery riders, from women to small business owners, this government EV scheme 2025 ensures access to modern, eco-friendly vehicles at low cost.
By offering a 0% markup installment plan, subsidy on e-rickshaw and loaders, after-sales service and spare parts EV scheme, and warranty for electric vehicles Pakistan, the government has created a program that blends affordability with sustainability. The scheme covers all Pakistan including Gilgit-Baltistan & AJK, ensuring no one is left behind.
As fuel costs rise and environmental concerns grow, this PM electric vehicle subsidy program is a true game-changer. It makes owning an electric vehicle possible for every citizen and sets Pakistan on the road to a cleaner, greener future.