PAVE Scheme Partner Banks 2025 are supporting PM Electric Bike and Rickshaw Scheme. This government-backed initiative under the Pakistan Accelerated Vehicle Electrification (PAVE) program is designed to provide eco-friendly transport in Pakistan through affordable loans.
By working with leading institutions such as the National Bank of Pakistan (NBP) and the Bank of Punjab (BOP), applicants can enjoy easy installment plans for electric vehicles along with subsidies. The scheme also ensures loan verification & processing with transparency.
This guide highlights the PAVE EV Partner Banks List 2025, making it easier for students, riders, and small businesses to apply with confidence.
Complete List of PAVE Partner Banks 2025 – PM Electric Bike & Rickshaw Easy Financing
The PAVE EV Partner Banks List 2025 includes both public and private banks across the country. These institutions are offering easy installment plans for electric vehicles under Islamic financing options or conventional loans. Applicants can choose between interest-free loans / Islamic financing or regular financing depending on their eligibility. Each bank also ensures loan verification & processing with nationwide branch coverage for smooth service.
The following is the official list of banks currently participating in the PAVE program:
| Bank Name | Financing Type | Coverage |
| National Bank of Pakistan (NBP) | Conventional | Nationwide |
| Bank of Punjab (BOP) | Conventional + Subsidy | Punjab |
| Habib Bank Limited (HBL) | Conventional | Nationwide |
| Meezan Bank Islamic Financing | Shariah-compliant | Nationwide |
| United Bank Limited (UBL) | Conventional | Nationwide |
| Bank of Khyber (BOK) | Conventional | KPK |
| Sindh Bank | Conventional | Sindh |
| Bank Alfalah | Conventional | Nationwide |
| Allied Bank Limited (ABL) | Conventional | Nationwide |
| Askari Bank Limited | Conventional | Nationwide |
| JS Bank, MCB Bank, Soneri Bank | Conventional | Nationwide |
| Bank Islami Pakistan Limited | Islamic | Nationwide |
| Al Baraka Bank | Islamic | Nationwide |
| Faisal Bank, SAMBA Bank | Conventional | Nationwide |
These banks ensure transparent subsidy transfer process and transparency, making the scheme reliable for every applicant.
PAVE.gov.pk Registration 2025–30 – How to Apply Online & Portal Login Guide
To apply, candidates must go through the PAVE.gov.pk registration process step by step. The online application form requirements include CNIC, income proof, guarantor details, and sometimes educational documents. Once submitted, the bank begins loan verification & processing within a few days.
The online registration at pave.gov.pk portal is simple. Applicants first create an account, then upload the required documents for PAVE Scheme like domicile, CNIC, salary slip, and guarantor ID. Once verified, the request is forwarded to the selected bank for fast loan disbursement and subsidy adjustment. By following these steps, students and workers can secure access to subsidized electric motorcycles, rickshaws, and loaders.
PAVE NEV Balloting 2025 Results – Check Your Name in Merit List Today
The PAVE NEV program merit list & balloting system is designed to ensure fair selection. After applying, every candidate enters the electronic balloting process where names are randomly drawn. This transparent process eliminates favoritism, giving equal opportunity to applicants from Punjab, Sindh, and KPK.
To check the result, candidates visit the official portal and enter their CNIC. If selected, they appear on the PAVE scheme merit list and can proceed with loan approval. In case of errors or missing information, applicants are guided by the bank or helpline. This system ensures that the government initiative for affordable mobility reaches deserving people across Pakistan.
PAVE Approved Companies, Models & Price List
The PM Electric Bike and Rickshaw Scheme includes a range of approved companies offering electric two and three-wheelers. These companies are certified under the Official PAVE Partner Companies 2025 program. Applicants can choose their model depending on budget and purpose.
The subsidy support is generous. The government is providing Rs. 80,000 subsidy for e-bikes and Rs. 400,000 subsidy for e-rickshaws/loaders. Below is a simplified table:
| Vehicle Type | Market Price | Subsidy Amount | Final Payable |
| Electric Bike | Rs. 250,000 | Rs. 80,000 | Rs. 170,000 |
| Electric Rickshaw | Rs. 650,000 | Rs. 400,000 | Rs. 250,000 |
| Loader EV | Rs. 700,000 | Rs. 400,000 | Rs. 300,000 |
This makes eco-friendly transport with electric vehicles affordable for students, delivery riders, and small businesses.
Official PAVE Partner Companies 2025 – Full EV Makers List & Details
The government has signed agreements with multiple manufacturers for the supply of e-bikes and rickshaws. These include well-known EV makers producing affordable and durable models. Companies are working alongside PAVE scheme partner banks coverage by region to ensure delivery within short timelines.
Applicants can select their preferred company and model during registration. By partnering with these firms, the government guarantees subsidy transfer process and transparency, making it safe for buyers. This approach also supports local EV industries while providing eco-friendly transport in Pakistan.
Avoid These Mistakes During PAVE Registration 2025 – Student & Applicant Guide
A common mistake is submitting the wrong or incomplete common documents required for PAVE bank financing. Missing CNIC details, guarantor information, or fake income slips often lead to rejection. Another frequent issue is selecting banks outside your region, which delays approval.
Uploading blurred photos, incorrect CNIC numbers, or ignoring submission deadlines will automatically cancel your application. Following the rules step by step ensures acceptance into the PM Electric Bike and Rickshaw Scheme.
PAVE Monthly Installments Plan 2025
The program has introduced easy installment plans for electric vehicles. Banks like Meezan Bank Islamic Financing, Bank Islami Pakistan Limited, and Al Baraka Bank also offer Islamic financing options under PAVE scheme. Monthly installments differ from one bank to another, but the core benefit remains affordability.
For example, a student applying for an e-bike may pay between Rs. 5,000–7,000 per month depending on tenure. On the other hand, rickshaw drivers may have longer repayment periods with reduced monthly charges. This flexibility makes government initiative for affordable mobility practical for all income levels.
PAVE Helpline & Contact Details – Get Support for PM E-Bike & Rickshaw Scheme
Applicants facing portal errors or delays can use the PAVE Helpline & Contact Details provided by the government. These contact points are available province-wise for Punjab, Sindh, and KPK to ensure smooth communication.
The helpline also addresses account login errors, subsidy transfer delays, and loan verification & processing issues. This direct support system makes the program reliable, ensuring that applicants don’t miss their chance at owning eco-friendly transport in Pakistan.
Last Date to Apply for PAVE Scheme 2025 – Don’t Miss PM Electric Bike Opportunity
The official last date to apply for PAVE Scheme 2025 has been announced on the government portal. Applicants are advised not to wait until the final day, as delays in uploading required documents for PAVE Scheme may cause rejections.
Early registration guarantees timely entry into the PAVE NEV program merit list & balloting. Missing the date means losing access to subsidies worth Rs. 80,000 for e-bikes and Rs. 400,000 for e-rickshaws/loaders, a huge loss for applicants.
PAVE Account Creation & Login Errors – Step-by-Step Fixes (Updated Sept 2025)
Sometimes the pave.gov.pk registration process step by step hits a snag. Applicants often face errors like account not opening, verification emails missing, or portal login failing. These issues are common during high traffic days near deadlines.
The fix is usually simple: clear cache, recheck CNIC details, or reset the password. If the problem continues, applicants can contact their chosen bank for loan verification & processing support. The regional availability of PAVE banks (Punjab, Sindh, KPK) ensures help is never far away.
PAVE Vehicle Scheme 2025 – FAQs & Latest Updates for Applicants
Applicants often ask how many banks are included in PAVE scheme and what kind of subsidy they can expect. As of 2025, over 18 banks are part of the program, with more being added regularly. Subsidies are directly adjusted in loan amounts, ensuring subsidy transfer process and transparency.
Latest updates include ties with the BISP 8171 Payment Updates, making the program reach wider communities. Applicants should keep visiting the online registration at pave.gov.pk portal for new instructions. This ensures they remain informed about FAQs about subsidy, financing, and eligibility.
Conclusion
The PAVE Scheme Partner Banks 2025 make it easier than ever to access subsidized electric motorcycles, rickshaws, and loaders. With multiple financing options, a strong subsidy structure, and nationwide branch coverage, the scheme is changing how Pakistan adopts eco-friendly transport with electric vehicles. Whether you are a student, delivery rider, or small business owner, applying through the PAVE.gov.pk registration process is your first step toward affordable mobility.