Contents
- 1 Introduction to PM Electric Bike and Rickshaw Scheme 2025
- 2 PAVE: Electric Bike and Rickshaw
- 3 Why the Scheme is Launched
- 4 Key Features of the PM Electric Bike Scheme 2025
- 5 Eligibility Criteria for the Scheme
- 6 Documents Required for Registration
- 7 PM Electric Bike and Rickshaw Scheme Registration Process
- 8 How to Apply for the Prime Minister Electric Bike Scheme Online
- 9 Loan and Installment Plan under the Scheme
- 10 Partner Banks Electric Bike and Rickshaw Scheme
- 10.0.0.1 National Bank of Pakistan (NBP)
- 10.0.0.2 Bank of Punjab (BOP)
- 10.0.0.3 Sindh Bank
- 10.0.0.4 Bank of Khyber (BOK)
- 10.0.0.5 Allied Bank Limited (ABL)
- 10.0.0.6 Askari Bank Limited
- 10.0.0.7 Bank Alfalah Limited
- 10.0.0.8 Habib Bank Limited (HBL)
- 10.0.0.9 JS Bank Limited
- 10.0.0.10 MCB Bank Limited (MCB)
- 10.0.0.11 Soneri Bank Limited
- 10.0.0.12 United Bank Limited (UBL)
- 10.0.0.13 Meezan Bank Limited
- 10.0.0.14 Bank Islami Pakistan Limited
- 10.0.0.15 Al Baraka Bank (Pakistan) Limited
- 10.0.0.16 Faisal Bank
- 11 Partner Companies Electric Bike and Rickshaw Scheme
- 12 PM Electric Vehicle Scheme 2025: What Makes It Unique?
- 13 Government Support for Students under the Bike Scheme
- 14 PM Rickshaw Scheme 2025 for Workers and Drivers
- 15 Important Dates & Last Date to Apply
- 16 Common Mistakes Applicants Should Avoid
- 17 Benefits of the Scheme for Pakistan’s Future
- 18 Step by Step Guide for PM Electric Bike Registration
- 19 Conclusion
- 20 FAQs About PM Electric Bike and Rickshaw Scheme
- 20.1 Who can apply for the program?
- 20.2 Can females apply?
- 20.3 Which types of electric vehicles are available under this program?
- 20.4 How can I apply?
- 20.5 Can I apply without using the web portal?
- 20.6 Can I apply for more than one vehicle?
- 20.7 Do I need a driving license to apply?
- 20.8 Can I change my vehicle selection after applying?
- 20.9 Can I still apply if I already got an EV vehicle through any government scheme?
- 20.10 How will my vehicle be delivered?
- 20.11 What if I already applied in another electric vehicle scheme with any province?
- 20.12 How will I pay for the vehicle?
- 20.13 How can I track my application and delivery?
- 20.14 How will I know if my application is approved?
- 20.15 Can I cancel or withdraw my application?
- 20.16 What is the cost of the vehicle to me?
- 20.17 Can I buy a model with a higher pricing than Rs 250,000?
- 20.18 Do I need to pay anything upfront?
- 20.19 Are there any processing charges?
- 20.20 What happens if I miss an installment?
- 20.21 What is the loan repayment period?
- 20.22 Can I choose the vehicle brand or model?
- 20.23 What documents are required to apply?
- 20.24 Is the scheme available in rural areas as well?
- 20.25 Can government employees apply?
- 20.26 Are students eligible to apply?
- 20.27 Will maintenance or after-sales service be provided?
- 20.28 What if the vehicle has technical issues after delivery?
- 20.29 Can someone else drive the vehicle if I am the registered applicant?
- 20.30 What happens if I want to sell the vehicle before completing payments?
- 20.31 Is there any insurance coverage in case of theft or accident?
- 20.32 What is the last date to apply for the PM Electric Bike Scheme 2025?
- 20.33 Who can apply for the scheme?
- 20.34 How can I apply for the PM Electric Bike Scheme?
- 20.35 Is the loan interest-free?
- 20.36 Can women apply for the PM Rickshaw Scheme?
- 20.37 Related posts:
- 20.38 PM Shehbaz Sharif Introduces Free Electric Bikes and Electric Vehicles Scheme 2025
- 20.39 CM Punjab Free IT Courses 2025
- 20.40 Govt of Punjab Super Seeder Subsidy Scheme 2025
- 21 Related
Introduction to PM Electric Bike and Rickshaw Scheme 2025
The PM Electric Bike and Rickshaw Scheme 2025 is one of the most ambitious government projects aimed at reshaping Pakistan’s transportation system. With skyrocketing fuel prices, rising inflation, and worsening air pollution, the government has recognized the need for eco-friendly alternatives. This scheme, introduced by Prime Minister Shehbaz Sharif, is designed to provide electric bikes and electric rickshaws to students, workers, and low-income families on easy installments.
At its core, the scheme is not just about vehicles, it’s about youth empowerment, financial relief, women’s inclusion, and environmental sustainability. Through this initiative, thousands of Pakistanis will get access to affordable transportation while the country moves closer to green energy adoption.
In this article, we will dive deep into the registration process, eligibility, documents required, installment plans, and step-by-step application procedure to help you understand everything about the PM Electric Bike and Rickshaw Scheme 2025.
Also Read: T-Cash Card Scheme
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PAVE: Electric Bike and Rickshaw
Pakistan Accelerated Vehicle Electrification Program
Two Wheeler
1,16,000 EV-Bikes
- Nationwide Distribution: Open to all citizens of Pakistan, including AJK and GB, through an E-balloting system.
- Unbeatable Savings: Get an upfront subsidy of PKR 50,000 on every e-bike or scooter, and balance in Interest Free easy installments – maximum loan up to PKR 250,000.
- Women Empowerment: 25% special quota for females, driving independence and mobility.
- Eligibility for All: If you are between 18 and 65 years, this opportunity is yours to seize— don’t miss out on transforming your everyday ride!
Three Wheeler
3,170 EV-Rickshaw / Loader
- Nationwide Distribution: Open to all citizens of Pakistan, including AJK and GB, through an E-balloting system.
- Massive Subsidy: Secure a PKR 200,000 subsidy upfront, and get loan financing up to PKR 1,100,000 to drive your business forward.
- Ideal for Entrepreneurs: Perfect for anyone aged 21 to 65 years, looking to modernize their business with eco-friendly transport solutions.
Why the Scheme is Launched
Environmental Benefits
Pakistan’s major cities like Lahore, Karachi, and Islamabad face alarming air pollution levels. Traditional petrol and diesel vehicles contribute heavily to smog. By shifting towards electric vehicles (EVs), the government hopes to reduce carbon emissions and promote clean energy.
Affordable Transport for Citizens
Fuel costs have become unbearable for the middle and lower classes. Electric bikes and rickshaws will cut transportation expenses significantly. Imagine commuting daily without worrying about petrol prices that is a real relief.
Youth Empowerment
The scheme falls under the umbrella of the PM Youth Program, giving young people, especially students, access to vehicles at affordable prices. For many, this means easier access to education and employment opportunities.
Also Check: CM Punjab Green Credit Program
Key Features of the PM Electric Bike Scheme 2025
- Electric Bikes: Lightweight, cost-efficient, and eco-friendly.
- Electric Rickshaws: Designed for workers and drivers to generate income.
- Installment Plans: Affordable repayment options for students and workers.
- Interest-Free Loans: Provided under the PM Youth Loan Program.
- Women’s Quota: Special allocation to encourage women’s participation in public mobility.
- Nationwide Reach: Available in all provinces through the PAVE portal.
Eligibility Criteria for the Scheme
Not everyone qualifies automatically. The government has outlined specific eligibility requirements:
- Students: Must be enrolled in recognized colleges or universities.
- Workers: Must provide employment or income proof.
- Women: Reserved quota ensures women get priority access.
- Age: Generally between 21 and 65 years.
- Valid CNIC: A must for all applicants.
This ensures that only genuine and deserving applicants benefit from the scheme.
Documents Required for Registration
Before applying, prepare these documents:
- CNIC copy (Computerized National Identity Card).
- Educational proof (for students).
- Income or employment proof (for workers).
- Passport-size photographs.
- Bank account details (for loan/repayment purposes).
Having these ready will make your application smooth and hassle-free.
PM Electric Bike and Rickshaw Scheme Registration Process
The registration is entirely online via the PAVE official website. No need to stand in long queues or deal with agents.
Also Read: Hunarmand Punjab Scholarship Card
How to Apply for the Prime Minister Electric Bike Scheme Online
Here is the step-by-step process:
- Visit www.pave.gov.pk.
- Sign up using your CNIC and mobile number.
- Log in and open the application form.
- Fill in your personal details, educational/employment status, and preferred vehicle.
- Upload the required documents (CNIC, photos, proof).
- Review and submit the form.
- Wait for verification and loan approval.
Once approved, you will receive confirmation via SMS or email.
Loan and Installment Plan under the Scheme
The government has designed this scheme to be affordable:
- Loan Facility: Provided through the PM Youth Loan program.
- Interest-Free Loans: Repayment without extra charges.
- Duration: 2–4 years for easy repayments.
- Monthly Installments: Tailored for students and workers to ensure affordability.
For example, a student may pay as low as a few thousand rupees monthly, depending on the model chosen.
Partner Banks Electric Bike and Rickshaw Scheme
National Bank of Pakistan (NBP)
Bank of Punjab (BOP)
Sindh Bank
Bank of Khyber (BOK)
Allied Bank Limited (ABL)
Askari Bank Limited
Bank Alfalah Limited
Habib Bank Limited (HBL)
JS Bank Limited
MCB Bank Limited (MCB)
Soneri Bank Limited
United Bank Limited (UBL)
Meezan Bank Limited
Bank Islami Pakistan Limited
Al Baraka Bank (Pakistan) Limited
Faisal Bank
SAMBA Bank Limited
Partner Companies Electric Bike and Rickshaw Scheme
sr. no. | NAME | ADDRESS | CITY | CONTACT NO. | EMAIL aDDRESS |
---|---|---|---|---|---|
1 | Eiffel Industries Limited | Sr. No. | Kasur | 049-2716411-3 | info@roadprince.com.pk |
2 | PAKZON ELECTRIC MOTORS (PVT) LTD | 13th Floor Askari Corporate Tower, Gulberg III, Lahore | Lahore | +923347766057 | info@pakzonelectricmmotors.com |
3 | MS JAGUAR ELECTRIC BIKES MS Automobiles (pvt)Ltd. | 1-A Industrial Estate Sahiwal, Punjab Pakistan. | Sahiwal | +923041113121 | info@msjaguarmotorcycles.com |
4 | VITALITY ELECTRIC VEHICLES | 1601, 16th Floor, Emerald Tower, Block – 5, Clifton, Karachi | Karachi | +923088000060 | Naeem@v-lektra.com |
6 | RAVIAUTO SUNDER (PVT) LTD | 382-383, Sundar Industrial Estate Raiwind, Road, Lahore, 53801 | Lahore | 042-35298545 | Info@raviautos.com |
7 | HUAGUAN NEW ENERGY RESOURCES (PVT) LTD | Plot No.122 Sundar Industrial Estate, Lahore Pakistan | Lahore | +923255550484 | info.huaguan.aftersales@gmail.com |
8 | NOVA MOBILITY (PVT) LTD | G&T Tower, #18, Beaumont Road, Civil Lines, Karachi | Karachi | +923103263678 | info@ecodost.com.pk |
9 | PAK STAR AUTOMOBILE (PVT.)LTD. | 391, J-3, Johar Town, Near McDonald’s, Nazria-e-Pakistan Avenue, Lahore. | Lahore | +924237884755 | contact@MetroEV.pk |
10 | CROWN BENLING (PVT) LTD | Plot No. 672-673, Building 7, Deh Joreji Taluka, Napier Quarter, Karachi | Karachi | +923218230830 | info@crowngroup.com.pk |
11 | CHANG JIANG INDUSTRIAL COMPANY (SMC-PVT) | Plot No. 117,Kahuta Triangle Industrial Area Model town humak, Islamabad | Islamabad | +923225079653 | ahmadhasaan2000@gmail.com |
13 | JOLTA ELECTRIC PVT LTD | Plot No 745, Sundar Industrial Estate,Lahore | Lahore | +923347766057 | info@joltaelectric.com |
14 | ZONG FA NEW ENERGY (PVT) LIMITED | Plot 24, Main Qasim Industrial Estate Rohi Nala, Moza Kacha, City Lahore | Lahore | +923109873333 | zhongfanewenergy@outlook.com |
15 | EV TECHNOLOGIES PVT LTD | GA-70-A3, Korangi Creek Industrial Park Korangi, Karachi., Pakistan | Karachi | +923114863532 | info@elfaelectric.com |
16 | E Turbo (PVT) LTD. | Plot No. A-17/C, Shalimar Compound, SITE, Karachi | Karachi | +923132222031 | ali@eturbomotors.com |
17 | UNITED AUTO INDUSTRIES (PVT) LTD. | 75-E Moulana Shoukat Ali Road, Johar Town, Lahore, Pakistan. | Lahore | +9242111786221 | info@unitedmotorcycle.com.pk |
PM Electric Vehicle Scheme 2025: What Makes It Unique?
Unlike previous vehicle schemes, this one focuses on electric mobility. It’s not just a financial aid project it’s a climate change initiative. By encouraging EVs, the government reduces reliance on imported fuel and invests in cleaner energy sources.
Government Support for Students under the Bike Scheme
Students are often the most affected by rising transportation costs. Many travel long distances daily to attend classes. This scheme provides:
- Affordable bikes on installments.
- Special student quota.
- Reduced installment amounts to suit their financial situation.
This ensures no student misses out on education due to transportation issues.
PM Rickshaw Scheme 2025 for Workers and Drivers
For workers, especially rickshaw drivers, fuel is the biggest expense. The PM Electric Rickshaw Scheme provides:
- Low-cost electric rickshaws.
- Higher savings since no fuel is required.
- Steady income opportunities for families.
This will uplift thousands of families dependent on transport jobs.
Important Dates & Last Date to Apply
The application deadlines will be officially announced on the PAVE portal. Early application is advised since seats may be limited.
Common Mistakes Applicants Should Avoid
- Entering incorrect CNIC information.
- Uploading blurry or incomplete documents.
- Waiting until the last minute to apply.
- Not checking eligibility criteria before applying.
Avoiding these mistakes increases your chances of quick approval.
Benefits of the Scheme for Pakistan’s Future
Economic Growth
By reducing fuel imports, the scheme saves billions of rupees, improving Pakistan’s economy.
Reduced Pollution
With fewer petrol vehicles, air quality improves, making cities healthier.
Job Creation
EV manufacturing, servicing, and charging station setups will create thousands of jobs.
Financial Relief
Citizens save money on fuel, making transportation sustainable long-term.
Step by Step Guide for PM Electric Bike Registration
Here is a simplified roadmap:
- Go to pave.gov.pk.
- Register an account with CNIC.
- Complete the online application form.
- Upload documents.
- Select bike or rickshaw option.
- Choose a loan plan.
- Submit your application.
- Wait for verification and approval.
- Collect your vehicle from the assigned distribution center.
Conclusion
The PM Electric Bike and Rickshaw Scheme 2025 is more than just a transport initiative it’s a revolutionary step toward a greener Pakistan. It makes transportation affordable for students and workers, provides opportunities for women, and contributes to reducing pollution. By applying through the PAVE portal, eligible citizens can benefit from interest-free loans and easy installment plans.
This scheme symbolizes progress, inclusivity, and sustainability. For Pakistanis struggling with fuel prices and a lack of transport, it brings new hope for a brighter, cleaner, and more affordable future.
Email: support@pave.gov.pk
Website: pave.gov.pk
Apply Now: PAVE portal
Also Check: How to Apply Online IBCC Attestation
Also Check: T-Cash Card Scheme
Also Check: PM Shehbaz Launches 10 Million Digital Wallets for BISP Beneficiaries
FAQs About PM Electric Bike and Rickshaw Scheme
Who can apply for the program?
All Pakistani citizens, including residents of Gilgit-Baltistan and AJK, can apply. Age limits apply:
- For e-bikes: 18 to 65 years
- For e-rickshaws/loaders: 21 to 65 years
Fleet operators may also apply for rickshaws/loaders under defined limits.
Can females apply?
Yes. In fact, 25% of the e-bike quota is specifically reserved for females.
Which types of electric vehicles are available under this program?
The program offers:
- Electric two-wheelers (e-bikes and EV scooters)
- Electric three-wheelers (e-rickshaws/loaders)
Only models approved by the Engineering Development Board (EDB) will be offered.
How can I apply?
You must apply through the official online portal. The entire process is digital with minimal human involvement.
Can I apply without using the web portal?
No. Applications are accepted only through the designated online portal. Physical forms or alternate methods are not allowed.
Can I apply for more than one vehicle?
No. Individual applicants can apply for only one vehicle. However, fleet operators may apply for multiple rickshaws/loaders, as per limits set by the Steering Committee.
Do I need a driving license to apply?
No. You can apply without a driving license however, you need a driving license in order to drive around.
Can I change my vehicle selection after applying?
No changes can be done once the application is submitted.
Can I still apply if I already got an EV vehicle through any government scheme?
No. This will be a duplication of benefit.
How will my vehicle be delivered?
The delivery will be managed by the vehicle manufacturer (OEM). The final delivery address will be confirmed through the portal in coordination with your selected bank.
What if I already applied in another electric vehicle scheme with any province?
You may still apply. However, you may not be eligible for duplicate benefits. The Steering Committee will make the final decision.
How will I pay for the vehicle?
Payments will be made in easy monthly installments (EMIs), which will include:
- Principal amount
- Insurance
Note: The markup (interest) is 0% and is fully subsidized by the government.
How can I track my application and delivery?
You can track your application and vehicle delivery status through the program’s online portal.
How will I know if my application is approved?
You will be notified through the web portal, SMS, or email once your bank approves the application and your vehicle is allocated.
Can I cancel or withdraw my application?
There is no formal withdrawal policy stated. Cancellations will depend on the rules of your bank.
What is the cost of the vehicle to me?
You may receive a government subsidy of:
- Up to PKR 50,000 for an e-bike
- Up to PKR 200,000 for a rickshaw/loader
The remaining amount will be financed at 0% markup.
Can I buy a model with a higher pricing than Rs 250,000?
Yes, you may choose a model priced above PKR 250,000. However, in such cases, the price difference (in excess of Rs. 250,000) must be paid by the user in advance. For example: if a model is priced at PKR 300,000, the user will be required to pay the additional PKR 50,000 upfront over and above the initial/down payment to the bank once their application has been approved.
Do I need to pay anything upfront?
Yes. If the price of selected model of EV is Rs 250,000/- or less then you will only need to pay first installment, first year insurance and bank documentation charges. However, if the price of selected model of EV is more than 250,000/- you will have to pay difference of the price in addition to above mentioned charges.
Are there any processing charges?
There are:
- No loan processing fees
- No charges for early loan settlement
However, you must pay:
- Bank documentation charges
- First-year insurance premium
What happens if I miss an installment?
You will be liable to pay penalties as per the bank’s rules. The vehicle may also be repossessed, and recovery costs may apply.
What is the loan repayment period?
- Up to 2 years for e-bikes
- Up to 3 years for rickshaws/loaders
Can I choose the vehicle brand or model?
Yes, but only from among the pre-approved models listed on the portal. These are shortlisted based on safety, performance, and compliance standards.
What documents are required to apply?
You will need:
- Valid CNIC
- Recent photograph
- Proof of income or bank account
- Any additional documents as required by the financing bank and registration form on PITB portal
Is the scheme available in rural areas as well?
Yes. The program is available nationwide, including rural areas.
Can government employees apply?
Yes. Government employees are eligible, subject to the same terms and conditions as other citizens.
Are students eligible to apply?
Only if they meet the minimum age requirement and can fulfill the documentation and repayment conditions set by the bank.
Will maintenance or after-sales service be provided?
Yes. Participating OEMs are required to ensure after-sales service and spare part availability through their service networks.
What if the vehicle has technical issues after delivery?
The vehicle will be covered under the manufacturer’s warranty. Any issues should be reported to the OEM or service center immediately.
Can someone else drive the vehicle if I am the registered applicant?
Yes, but the vehicle must be used responsibly and only by licensed drivers. Misuse or violation may affect your eligibility for future government schemes.
What happens if I want to sell the vehicle before completing payments?
Being a subsidized product, selling the vehicle before loan completion is not allowed.
Is there any insurance coverage in case of theft or accident?
Yes. Insurance is covered under this scheme.
What is the last date to apply for the PM Electric Bike Scheme 2025?
The deadline will be posted on the PAVE website.
Who can apply for the scheme?
Students, workers, and women with valid CNICs who meet eligibility criteria.
How can I apply for the PM Electric Bike Scheme?
Apply online at www.pave.gov.pk by creating an account and submitting documents.
Is the loan interest-free?
Yes, the scheme offers interest-free loans with easy installments.
Can women apply for the PM Rickshaw Scheme?
Yes, women are encouraged to apply under the reserved quota.
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