By William Butler Yeats
The Government of Pakistan has launched the PM E-Bike and Rickshaw Scheme 2025 to support students, professionals, and low-income citizens with affordable transport. This scheme, available through pave.gov.pk, aims to reduce fuel costs, promote eco-friendly travel, and make it easier for people to own a vehicle without heavy financial pressure.
If you are interested in getting an electric bike or rickshaw on easy installments, this guide will explain the monthly installment plan, repayment schedule, and other important details.
| Vehicle Type | Price Range (PKR) | Down Payment | Monthly Installment | Tenure |
|---|---|---|---|---|
| E-Bike | 100,000–120,000 | 10–20% | Rs. 3,000–3,500 | 3–4 yrs |
| E-Rickshaw | 300,000–350,000 | 10–20% | Rs. 8,000–10,000 | 3–4 yrs |
| Installments | Subsidized rate | Flexible | Online or bank pay | Govt support |
| Early Payment | Allowed | No penalty | Discount possible | Yes |
| Apply Online | pave.gov.pk | Free form | CNIC required | Open |
What is the PM E-Bike and Rickshaw Scheme 2025?
The PM E-Bike and Rickshaw Scheme is a government-backed finance program where eligible citizens can get an electric bike or rickshaw through banks and financial institutions. The government will share part of the cost, while the remaining amount can be paid by the applicant in small monthly installments.
This program supports:
- Students who need affordable travel for school, college, or university.
- Professionals such as delivery riders, workers, and office staff.
- Rickshaw drivers who want to switch to an electric rickshaw to save fuel costs.
By promoting electric vehicles, the scheme also contributes to green energy and environmental protection.
Monthly Installment Plan 2025
The installment plan under this scheme has been designed to be easy and affordable. Here’s a simple breakdown of the expected installment plan:
- Down Payment: Applicants may need to pay a small down payment, usually around 10–20% of the total price.
- Monthly Installments: The remaining cost is divided into 36 to 48 months (3–4 years).
- Affordable EMI: Monthly installments are kept low so students and workers can manage them easily.
For example:
- An E-Bike costing Rs. 120,000 can be purchased by paying Rs. 12,000–20,000 upfront, and the rest in monthly installments of around Rs. 3,000–3,500. E-Bike and Rickshaw
- An E-Rickshaw costing Rs. 350,000 can be purchased with a down payment of around Rs. 35,000–50,000, and monthly installments between Rs. 8,000–10,000. Pave.gove.pk Registration
Repayment Schedule Details
The repayment schedule is flexible and designed to suit different income groups.
- Tenure Options: 3 years or 4 years.
- Interest Rate: Subsidized rate offered under the government program.
- Payment Method: Monthly installments can be paid via bank, online transfer, or designated PAVE centers.
- Penalty for Late Payment: A small fine may be applied if installments are delayed.
- Early Payment: If the borrower wishes, they can pay the full amount earlier without heavy penalties.
Eligibility Criteria
To apply for the PM E-Bike and Rickshaw Scheme 2025, applicants must meet these requirements:
- Must be a Pakistani
- Age limit: 18–55 years.
- Must have a driving license (for bike or rickshaw).
- Should provide proof of income (for workers, drivers, and professionals).
- Students must show proof of enrollment in an educational institution. Apply Method
How to Apply via pave.gov.pk
The government has made the application process digital through the official website pave.gov.pk.
Steps to apply:
- Visit pave.gov.pk.
- Fill in the online registration form with your CNIC, contact details, and employment/student information.
- Select the vehicle type (E-Bike or E-Rickshaw).
- Upload required documents (CNIC, license, student card, proof of income). E-Bike and Rickshaw
- Submit your application and wait for confirmation.
After approval, the bank or financing partner will contact you with the down payment amount and repayment schedule.
Key Benefits of the Scheme
- Affordable transport for students and workers.
- Fuel cost savings with electric vehicles.
- Environment-friendly option that reduces pollution.
- Easy online application process.
- Government subsidy makes installments cheaper than private financing.
Conclusion
The PM E-Bike and Rickshaw Scheme 2025 is a great initiative for Pakistan’s youth, workers, and drivers. With an easy monthly installment plan, low down payments, and government support, owning an electric bike or rickshaw has become much more affordable. This program not only benefits individuals financially but also helps reduce pollution and encourages green transport. E-Bike and Rickshaw
If you are eligible, don’t wait—apply through pave.gov.pk today and secure your E-Bike or Rickshaw for 2025. E-Bike and Rickshaw
FAQs
Who can apply for the PM E-Bike and Rickshaw Scheme 2025?
Anyone between 18–55 years old with a valid CNIC, income proof, or student ID can apply.
How can I apply online?
Visit pave.gov.pk, fill the form, upload documents, and submit your application.
What is the monthly installment for an E-Bike?
The monthly installment is around Rs. 3,000–3,500 depending on the bank and tenure.