PAVE Scheme 2025 pave.gov.pk Monthly Repayment Schedule and Installment Plan Details

The Government of Pakistan has started a new program called the Pakistan Accelerated Vehicle Electrification Program (PAVE). Under this program, the PM E-Bike and Rickshaw Scheme 2025 has been launched. The goal is to provide electric bikes and electric rickshaws on easy monthly installments with 0% markup.

This scheme will help students, workers, women, delivery riders, and small business owners get modern vehicles at an affordable cost. Below we explain the monthly repayment schedule, installment plan, eligibility, and full details. Check Also Sign Up for PM Electric Rickshaw, Bike, and Loader Scheme 2025

What is the PM E-Bike and Rickshaw Scheme 2025?

The PM E-Bike and Rickshaw Scheme is part of the government’s plan to promote electric transport in Pakistan. The scheme gives citizens the chance to buy electric motorcycles, rickshaws, and loaders with government support.

The program offers:

• Big subsidies on each vehicle.
• 0% interest installment plans.
• Computerized balloting system for fairness.
• Special quotas for women, disabled persons, and overseas Pakistanis.

Why Monthly Installments Are Important

Buying an electric bike or rickshaw in one payment is very difficult for many people. The government has therefore made a simple monthly installment system.

• You can pay in 24 months for bikes.
• You can pay in 36 months for rickshaws and loaders.
• The markup is 0%, so only the actual price is divided into installments.
• Insurance and documentation costs are very small compared to the overall price.

This makes it easy for common people to afford modern transport.

Details of Subsidy and Loan Plan

The government has given subsidies to reduce the price. After subsidy, the bank provides a loan which can be repaid in monthly installments.

Two-Wheelers (Electric Bikes)

• Subsidy: Rs. 50,000 (approx.)
• Loan: Up to Rs. 200,000
• Tenure: 24 months
• Interest: 0% (markup free)

Three-Wheelers (Rickshaws and Loaders)

• Subsidy: Up to Rs. 200,000
• Loan: Up to Rs. 880,000
• Tenure: 36 months
• Interest: 0% (markup free)

Down Payment and Extra Charges

When you are selected in the scheme, you will need to make a down payment before taking the vehicle.

• Down payment is about 20% of the price after subsidy.
• Small bank documentation charges.
• Insurance charges (around 2%).
• Registration and number plate fees.

After paying the down payment, the remaining amount will be divided into installments. Check Also PAVE Scheme 2025 Three Wheelers Rickshaw pave.gov.pk – Model Companies & Price Details

Monthly Installment Examples for Electric Bikes

Here are some examples of monthly installment amounts for electric bikes under the scheme:

Company & Model	Price (PKR)	Subsidy	Loan Amount	Tenure	Monthly Installment
VELOCITY Vitality EV	249,000	50,000	200,000	24 mo	~ Rs. 8,674
Jolta JE-70L	237,900	50,000	187,900	24 mo	~ Rs. 6,263
MS Jaguar BOLT	234,900	50,000	184,900	24 mo	~ Rs. 6,163
Yadea M3H (Road Prince)	250,000	50,000	200,000	24 mo	~ Rs. 8,333

Monthly Installment Examples for Rickshaws and Loaders

Here are some examples of monthly installment amounts for rickshaws and loaders:

Company & Model	Price (PKR)	Subsidy	Loan Amount	Tenure	Monthly Installment
Sazgar Shuttle 90Ah	1,160,000	200,000	960,000	36 mo	~ Rs. 21,333
Tez Raftar 1800W	800,000	200,000	600,000	36 mo	~ Rs. 13,333
Ecodost Electric Rickshaw	1,200,000	200,000	1,000,000	36 mo	~ Rs. 22,222
Voltix Cargo Loader	665,000	200,000	465,000	36 mo	~ Rs. 10,333

Step-by-Step Process to Apply

Follow these steps to apply for the scheme:

1. Visit the official website pave.gov.pk.
2. Register online using your CNIC and personal details.
3. Fill the form with your required vehicle type (bike, rickshaw, or loader).
4. Upload documents such as CNIC, proof of residence, and quota proof (if any).
5. Pay the application fee of Rs. 1,048 through the National Bank of Pakistan.
6. Wait for computerized balloting.
7. If selected, you will be asked to pay down payment and small charges.
8. Collect your vehicle from the authorized dealer.

Eligibility Criteria

To apply, you must:

• Be a Pakistani citizen.
• Have a valid CNIC.
• Be 18 to 65 years old for bikes.
• Be 21 to 65 years old for rickshaws/loaders.
• Not already own a vehicle from another government scheme.
• Provide proof if applying under special quota. Check Also PAVE Scheme 2025 Two Wheelers Electric Bike pave.gov.pk – Model Companies & Price Details

Who Cannot Apply?

Some people are not allowed to apply:

• Anyone who already got a bike or rickshaw under another government scheme.
• People without a valid CNIC.
• Those under 18 years old.
• Applicants who do not pay the application fee.

Benefits of the Monthly Installment Plan

The scheme gives many benefits:

• Easy payments: pay monthly instead of full price.
• 0% markup: no extra burden of interest.
• Big savings: fuel cost reduced by almost 70%.
• Eco-friendly: no smoke or pollution.
• Low maintenance: electric vehicles have fewer parts.
• Equal chance: fair balloting system.

Common FAQs

Q. What is the last date to apply?
The last date to apply is 30 September 2025.

Q. How can I check my application status?
You can log in at pave.gov.pk and check your status online.

Q. Is the installment really 0% markup?
Yes, the government pays the interest. You only pay the actual price in installments.

Q. Can women apply for this scheme?
Yes, there is a special quota for women.

Q. What happens if I miss an installment?
The bank may charge a small penalty. If you miss many installments, the vehicle may be taken back.

The PM E-Bike and Rickshaw Scheme 2025 is a golden chance for Pakistanis to get modern vehicles on easy installments. With 0% markup, low down payment, and government subsidies, the scheme makes it possible for common people to afford an electric bike or rickshaw.