The PM Electric Bike Scheme 2026 has been launched by the Government of Pakistan under the Pakistan Accelerated Vehicle Electrification Program (PAVE) to promote eco-friendly transportation across the country. Under this landmark initiative, 116,000 electric bikes and scooters will be distributed nationwide through a transparent e-balloting system.
PM Electric Bike Scheme 2026 Apply Online via PAVE Portal (www.pave.gov.pk)
All citizens of Pakistan, including residents of Gilgit-Baltistan and Azad Jammu & Kashmir, are eligible to apply online through the official portal www.pave.gov.pk.
Key Features of PM Electric Bike Scheme 2026
🚲 Nationwide Distribution
The scheme is open to citizens across Pakistan, including GB and AJK. Allocation will be made through a fair and transparent electronic balloting system.
💸 Huge Subsidy & Easy Installments
- PKR 50,000 upfront subsidy on every e-bike or EV scooter
- Remaining amount payable through interest-free easy installments
- Maximum loan financing up to PKR 250,000
👩 Women Empowerment
To encourage female mobility and independence, 25% quota is reserved for women under the e-bike category.
✅ Eligibility For All
- E-Bikes: Age 18 to 65 years
- E-Rickshaws / Loaders: Age 21 to 65 years
Fleet operators can also apply for electric rickshaws and loaders under defined limits.
Types of Electric Vehicles Offered
The PM EV Scheme 2026 includes:
- Electric two-wheelers: E-bikes and EV scooters
- Electric three-wheelers: E-rickshaws and loaders
Only vehicle models approved by the Engineering Development Board (EDB) will be available under this scheme.
PM Electric Bike Scheme 2026 Registration Process
Applicants can apply online at www.pave.gov.pk and choose one of the following financing options:
Self-Finance Option – Application Steps
- Obtain a bank draft/pay order in the name of the respective OEM
- Submit payment to the OEM
- Bike will be delivered within 60 days
- Upload the following documents on the portal:
- Invoice copy
- Vehicle registration details
- Bank account information
- Excise registration receipt & card
- After verification, the Government of Pakistan will transfer the subsidy directly to your bank account:
- PKR 80,000 for bikes
- PKR 400,000 for loaders/rickshaws
Bank Lease Option – Application Steps
- Bank contacts the applicant for verification
- Bank approves and disburses subsidized loan:
- PKR 200,000 loan + PKR 50,000 subsidy for e-bikes
- PKR 8,80,000 loan + PKR 200,000 subsidy for loaders/rickshaws
- Payment made directly to the OEM
- Vehicle delivered within 60 days
- Monthly installments start as per bank repayment schedule
Tentative Installment Calculator (Indicative)
Vehicle Variant: VELOCITY (Rs. 249,000)
| Customer Payment | Amount |
|---|---|
| Equity Participation | — |
| Total Downpayment | Rs. 4,980 |
| Tentative Monthly Installment | Rs. 8,674 |
| Legal Stamping Charges | As per actual |
| Vehicle Registration | As per actual |
Note: Final installment plans will be shared by banks at the time of loan disbursement.
Why PM Electric Bike Scheme 2026 Matters
- Reduces fuel expenses
- Promotes clean and green energy
- Lowers carbon emissions
- Affordable transport for students, workers & women
- Supports Pakistan’s EV transition
PAVE Scheme 2026
The PM Electric Bike Scheme 2026 is a major step toward sustainable transport in Pakistan. With generous subsidies, interest-free financing, and special women quotas, this scheme makes electric mobility accessible for everyone.
👉 Apply now at www.pave.gov.pk and be part of Pakistan’s green future.
