State Bank of Pakistan Cost Sharing EV Scheme 2025 – 50,000 Subsidy for Electric Bikes & 200,000 for Rickshaws

The State Bank of Pakistan Cost Sharing EV Scheme 2025 is one of the most ambitious green initiatives launched by the government to promote affordable electric mobility across the country. With the support of the Ministry of Industries & Production (MoIP) and the Engineering Development Board (EDB), this scheme is designed to reduce dependency on costly fuel, provide cheaper transport solutions to citizens, and encourage the adoption of eco-friendly electric vehicles. Unlike ordinary financing programs, this scheme offers direct government subsidies and 0% markup loans, making it highly accessible to students, women, delivery riders, and small business operators.

At the heart of this scheme lies the capital subsidy, which is a financial relief offered by the government to lower the burden on buyers. Under the program, applicants purchasing electric bikes (e-bikes) will receive a subsidy of Rs. 50,000, while those applying for electric rickshaws or loaders will enjoy a much larger subsidy of Rs. 200,000. This subsidy is adjusted against the borrower’s equity requirement, meaning that in most cases, applicants won’t need to pay any upfront down payment at all. For many families, delivery riders, and transport operators, this is a golden opportunity to switch to modern and sustainable vehicles without financial stress.

What makes this scheme even more unique is its inclusive structure. Out of 116,000 e-bikes and 3,170 rickshaws/loaders to be financed in 2025–26, 25% of e-bikes are reserved for women, 10% for business riders (such as delivery and courier services), and 30% of rickshaws/loaders for fleet operators. Combined with the government subsidy, interest-free financing, and a fully digital application process, the SBP EV Scheme 2025 is a revolutionary step towards a greener, more affordable, and more connected Pakistan.

🔑 Key Features of SBP EV Scheme 2025

The State Bank of Pakistan Cost Sharing EV Scheme 2025 is carefully structured to make electric mobility affordable, inclusive, and sustainable. Unlike ordinary vehicle financing, this program removes the burden of heavy down payments and interest charges, while offering direct government subsidies of Rs. 50,000 for bikes and Rs. 200,000 for rickshaws/loaders. Below are the key features explained in detail:

🚲 Vehicle Distribution Plan

• 116,000 Electric Bikes (E-Bikes):
  Designed to replace petrol motorcycles, these bikes are affordable, eco-friendly, and ideal for students, professionals, and delivery riders.
• 3,170 Electric Rickshaws & Loaders:
  Targeted at transport workers, small businesses, and fleet operators to improve logistics, last-mile delivery, and urban transport.

👩‍🦰 Quota Distribution for Inclusivity

• 25% of e-bikes reserved for women → helping students and working women access affordable mobility.
• 10% of e-bikes reserved for business riders → including delivery and courier services (Bykea, Foodpanda, Careem, etc.).
• 30% of rickshaws/loaders reserved for fleet operators → supporting logistics companies, ride-hailing services, and goods transporters.

This quota ensures that the subsidy reaches priority groups who need it most.

💰 Loan Coverage & Financing Amounts

• For E-Bikes: Financing up to PKR 200,000.
• For Rickshaws/Loaders: Financing up to PKR 880,000.
• Borrowers repay in easy installments, without paying any markup.

🎁 Capital Subsidy Support

• PKR 50,000 subsidy for electric bikes.
• PKR 200,000 subsidy for rickshaws/loaders.
• Subsidy directly adjusted in the equity portion (20%), so applicants often don’t need to pay any upfront amount.

📌 Example:

• Bike Price Rs. 180,000 → Subsidy Rs. 50,000 → Loan Rs. 130,000 only.
• Rickshaw Price Rs. 600,000 → Subsidy Rs. 200,000 → Loan Rs. 400,000 only.

📊 Debt-to-Equity Ratio (80:20)

• Standard ratio: 80% bank loan, 20% equity.
• Subsidy is counted in equity portion.
• If subsidy fully covers 20%, borrower pays zero down payment.

⏳ Loan Tenure

• 2 years for bikes.
• 3 years for rickshaws/loaders.

This short repayment period ensures quick loan closure and minimal financial stress.

💸 EMI & Repayment

• 0% markup → Government pays full interest to banks.
• Borrower repays only principal + insurance.
• EMI example:
  • Bike loan Rs. 130,000 ÷ 24 months = Rs. 5,417 + insurance.
  • Rickshaw loan Rs. 400,000 ÷ 36 months = Rs. 11,111 + insurance.

🖥 Digital Application Process

• Entire system is online via MoIP/EDB portal.
• Applicants register with CNIC + mobile, upload documents, and select a bank.
• Banks verify income/credit, apply subsidy, and OEM delivers vehicle.

📦 Other User-Friendly Benefits

• No loan processing fee.
• No early settlement charges.
• Government covers verification costs (NADRA & PMD checks).
• OEMs/vendors provide after-sales service.

🎁 Government Subsidy Explained – 50,000 for Bikes & 200,000 for Rickshaws

The biggest attraction of the State Bank of Pakistan Cost Sharing EV Scheme 2025 is the direct government subsidy. Unlike ordinary financing programs where buyers must arrange a heavy down payment, in this scheme the government itself contributes a fixed subsidy amount towards the purchase price.

• For Electric Bikes: Rs. 50,000 subsidy per unit.
• For Rickshaws/Loaders: Rs. 200,000 subsidy per unit.

This subsidy is directly deducted from the total cost of the vehicle and counted as part of the borrower’s 20% equity contribution. In many cases, the subsidy alone covers the full equity requirement, meaning the buyer doesn’t need to pay anything upfront.

📌 How Subsidy Works (Step-by-Step)

1. Applicant selects a vehicle (bike/rickshaw).
2. Vehicle price is confirmed by OEM/vendor.
3. Loan-to-equity ratio is applied (80:20).
4. Government subsidy is added into equity portion.
5. Any remaining equity (if required) is paid by applicant.
6. Bank finances the rest (loan).

🧮 Example 1 – Electric Bike Subsidy

• Bike Price: Rs. 180,000
• Equity Required (20%): Rs. 36,000
• Government Subsidy: Rs. 50,000
  👉 Subsidy is higher than equity. Borrower pays zero down payment.
• Loan Amount: Rs. 130,000 → Repayable in 24 months.

🧮 Example 2 – Electric Rickshaw Subsidy

• Rickshaw Price: Rs. 600,000
• Equity Required (20%): Rs. 120,000
• Government Subsidy: Rs. 200,000
  👉 Subsidy covers equity and reduces loan size.
• Loan Amount: Rs. 400,000 → Repayable in 36 months.

🧮 Example 3 – Loader Subsidy

• Loader Price: Rs. 800,000
• Equity Required (20%): Rs. 160,000
• Government Subsidy: Rs. 200,000
  👉 Subsidy exceeds equity requirement, extra amount reduces loan.
• Loan Amount: Rs. 640,000 → Repayable in 36 months.

⚡ Benefits of Direct Subsidy

• No upfront down payment for most buyers.
• Reduced loan size → smaller EMIs.
• Financial inclusion → students, women, and small businesses can afford vehicles.
• Green adoption made easy → subsidy encourages mass shift to electric mobility.

Eligibility Criteria for SBP EV Scheme 2025

The State Bank of Pakistan Cost Sharing EV Scheme 2025 has been designed as an inclusive program, open to citizens from all walks of life. Whether you are a student, employee, delivery rider, business operator, or fleet owner, you can apply as long as you meet the age and documentation requirements.

🧑‍🤝‍🧑 General Eligibility for All Citizens

• Scheme is open to all Pakistani citizens, including residents of Gilgit-Baltistan (GB) and Azad Jammu & Kashmir (AJK).
• Applicants must hold a valid CNIC.
• Applicants must be permanent residents and provide proof of address.

🚲 Eligibility for Electric Bikes

• Minimum Age: 18 years
• Maximum Age: 65 years
• Ideal For:
  • Students traveling to colleges/universities.
  • Employees commuting to offices.
  • Delivery riders who want to cut fuel costs.
  • Women seeking affordable and safe personal transport.

🚜 Eligibility for Rickshaws & Loaders

• Minimum Age: 21 years
• Maximum Age: 65 years
• Ideal For:
  • Small-scale transporters.
  • Rickshaw drivers and ride-hailing operators.
  • Freelancers/business owners using loaders for goods delivery.
  • Citizens looking to start a small transport business.

🏢 Eligibility for Fleet Operators

• Fleet operators are eligible for rickshaws/loaders quota (30%).
• Conditions (finalized by Steering Committee) may include:
  • Company/partnership registration.
  • Fleet operation license or NTN.
  • Proof of commercial demand (e.g., ride-hailing, logistics, delivery).

📌 Other Mandatory Requirements

• Must provide income proof (salary slip, bank statement, or proxy method).
• Must hold a valid driving license (or give digital undertaking to obtain it).
• Must have a mobile number linked with CNIC for digital verification.

✅ Who Benefits the Most?

• Students who cannot afford high petrol prices.
• Women commuters (with 25% reserved quota).
• Delivery riders (10% quota for business use).
• Fleet operators (30% quota for loaders/rickshaws).
• Low and middle-income families looking for cheap transport.

Women Quota in SBP EV Scheme 2025

One of the most progressive aspects of the State Bank of Pakistan Cost Sharing EV Scheme 2025 is the 25% reserved quota for women. This historic move aims to empower female students, employees, and entrepreneurs by giving them access to affordable and eco-friendly transport.

For years, women in Pakistan have faced challenges such as expensive fuel, unsafe public transport, and dependency on family members for mobility. By reserving one-fourth of all electric bikes for women, the government is making sure that they can commute independently, safely, and at a lower cost.

🎯 Key Benefits for Women

1. Reserved Allocation – With 25% quota, women applicants are guaranteed availability even if demand is high.
2. Financial Relief – The Rs. 50,000 subsidy often covers the entire equity portion, meaning many women won’t have to pay any down payment.
3. Safe & Personal Transport – Electric bikes give women the freedom to travel without relying on crowded or unsafe public transport.
4. Affordable EMIs – With 0% markup and only principal + insurance payments, monthly installments remain very low.
5. Professional & Educational Access – Female students and job holders can save time and money on daily travel.

🧮 Example Case – Female Applicant for E-Bike

• Bike Price: Rs. 180,000
• Required Equity (20%): Rs. 36,000
• Subsidy Provided: Rs. 50,000
  👉 Subsidy covers full equity → no down payment needed.
• Loan Amount: Rs. 130,000
• Monthly EMI (24 months): ~ Rs. 5,417 + insurance.

This means a woman applicant can own an e-bike without paying any upfront cash, and repay the loan in very small monthly installments.

🌟 Long-Term Impact of Women Quota

• More women will join the workforce with reliable transport.
• Students in universities/colleges will have cheaper travel options.
• Reduction in dependency on family members or costly ride-hailing services.
• Promotion of gender equality in mobility and economic participation.
• Encouragement for women entrepreneurs (delivery services, small businesses).

🚜 Business Riders & Fleet Operators Benefits in SBP EV Scheme 2025

The State Bank of Pakistan Cost Sharing EV Scheme 2025 is not limited to individual buyers only. The government has also reserved special quotas for business riders and fleet operators, recognizing the role of transport in Pakistan’s growing gig economy, logistics, and ride-hailing industries.

📦 10% Quota for Business Riders (Delivery & Courier Services)

Delivery riders and small-scale entrepreneurs are the backbone of modern urban transport and e-commerce. Recognizing their contribution, the scheme reserves 10% of electric bikes specifically for riders working in courier and delivery services such as Bykea, Foodpanda, Careem, Daraz, and local courier companies.

Benefits for Riders:

• Low Operating Costs – Electric bikes cut fuel expenses by up to 70%, increasing profit margins.
• Easy Financing – Rs. 50,000 subsidy covers equity, so riders don’t need heavy down payments.
• Stable Income – Lower EMIs (Rs. 5,000–6,000/month) mean riders can repay loans easily while still saving more.
• Green Branding – Companies using e-bikes for delivery enhance their eco-friendly image.

📌 Example:
A Foodpanda rider buys an e-bike worth Rs. 180,000. Subsidy covers equity, so he only repays Rs. 130,000 loan in 24 months. EMI = ~ Rs. 5,400/month. This is often less than his weekly petrol expense.

🏢 30% Quota for Fleet Operators (Rickshaws & Loaders)

Fleet operators include businesses running multiple vehicles for ride-hailing, logistics, and goods transport. The scheme reserves 30% of rickshaws/loaders for this group, ensuring large-scale adoption of clean technology in commercial fleets.

Benefits for Fleet Operators:

• Bulk Subsidy Advantage – Rs. 200,000 subsidy per rickshaw/loader lowers investment costs significantly.
• Business Expansion – Affordable loans help companies scale operations without heavy upfront capital.
• Higher Profitability – Reduced fuel costs and maintenance boost long-term profits.
• Government-Backed Guarantee – 20% credit loss guarantee minimizes banks’ risk, making financing easier.

📌 Example:
A logistics company applies for 10 electric loaders, each costing Rs. 800,000.

• Equity required per loader = Rs. 160,000.
• Govt subsidy per loader = Rs. 200,000.
• Equity fully covered, extra subsidy reduces loan size.
• Loan per loader = Rs. 640,000, repayable in 36 months.

This allows fleet operators to expand quickly with minimal capital investment.

⚡ Why Business Riders & Fleets Are Important

• Delivery riders serve millions daily in urban centers.
• Fleet operators support public transport, ride-hailing, and goods distribution.
• Adoption of electric vehicles in these sectors reduces carbon emissions at scale.
• Helps Pakistan move toward sustainable urban mobility.

EMI & Loan Repayment Examples – SBP EV Scheme 2025

One of the most borrower-friendly features of the State Bank of Pakistan Cost Sharing EV Scheme 2025 is the 0% markup policy. Normally in Pakistan, bank loans come with high interest rates, but in this scheme, the federal government pays the entire markup subsidy.

This means borrowers only repay the principal loan amount + insurance, making monthly installments (EMIs) very small and affordable.

📌 EMI Formula

Since markup = 0%, the calculation is very simple:

EMI = Loan Amount ÷ Tenure (Months) + Insurance

🧮 Example 1 – Electric Bike EMI

• Bike Price: Rs. 180,000
• Government Subsidy: Rs. 50,000
• Equity Required (20%): Rs. 36,000 → fully covered by subsidy
• Loan Amount: Rs. 130,000
• Tenure: 24 months
• EMI: 130,000 ÷ 24 = Rs. 5,417 + insurance

👉 Borrower pays only Rs. 5,400 per month, which is often less than monthly petrol expenses.

🧮 Example 2 – Electric Rickshaw EMI

• Rickshaw Price: Rs. 600,000
• Government Subsidy: Rs. 200,000
• Equity Required (20%): Rs. 120,000 → covered by subsidy
• Loan Amount: Rs. 400,000
• Tenure: 36 months
• EMI: 400,000 ÷ 36 = Rs. 11,111 + insurance

👉 Rickshaw drivers can pay Rs. 11,100/month only, with zero markup burden.

🧮 Example 3 – Loader EMI

• Loader Price: Rs. 800,000
• Government Subsidy: Rs. 200,000
• Equity Required (20%): Rs. 160,000 → covered by subsidy
• Loan Amount: Rs. 640,000
• Tenure: 36 months
• EMI: 640,000 ÷ 36 = Rs. 17,777 + insurance

👉 A fleet operator pays Rs. 17,700/month per loader, much cheaper than fuel costs for petrol/diesel alternatives.

📊 EMI Comparison Table

⚡ Why EMIs Are Affordable?

• No markup → borrower saves thousands monthly.
• Subsidy reduces loan size → less to repay.
• Small EMIs → suitable for students, riders, women, and businesses.
• Insurance spread across EMIs → no heavy upfront payment.

Required Documents for SBP EV Loan 2025

The State Bank of Pakistan Cost Sharing EV Scheme 2025 has a fully digital application process, but applicants still need to provide a few mandatory documents for verification. These documents help the banks confirm your identity, income capacity, and eligibility before financing your electric bike or rickshaw.

1️⃣ Valid CNIC Copy

• Must provide a clear scanned copy of your Computerized National Identity Card (CNIC).
• Both front and back sides are required.
• CNIC details will be verified by NADRA Verisys system.
• This ensures that only genuine Pakistani citizens benefit from the scheme.

2️⃣ Passport-Size Photograph

• A recent passport-size photo is required for identification.
• If applying online, upload the digital copy (JPG/PNG format).
• This photo is attached to your application file in the bank records.

3️⃣ Driving License / Digital Undertaking

• Applicants must either:
  • Provide a valid driving license for bike or rickshaw/loader.
  • OR give a digital undertaking (agreement) to obtain a license within the loan tenure.
• This ensures that only responsible and eligible drivers are given vehicles.

4️⃣ Proof of Income (any one)

To confirm repayment capacity, applicants must provide:

• Salary slip (for salaried employees).
• Bank statement (3–6 months) for businesspersons or freelancers.
• Proxy income method for daily wage earners, vendors, or self-employed workers.
  📌 This helps the bank calculate the Debt Burden Ratio (DBR) and approve financing.

5️⃣ Utility Bill (Address Verification)

• A recent electricity, gas, or water bill is needed.
• Address on the bill should match CNIC or tenancy agreement.
• This serves as proof of permanent residence.

6️⃣ Mobile Number Registered with CNIC

• Must have a biometric verified mobile SIM linked with CNIC.
• Used for:
  • OTP verification during registration.
  • NADRA & PMD mobile number checks.
  • SMS updates about loan status.

📌 Additional Notes

• All documents must be valid and up-to-date at the time of application.
• Scanned copies should be clear and properly readable.
• Banks may ask for extra documents such as guarantor information, NTN (for businesses), or registration papers (for fleet operators).
• Applicants should keep original documents ready for verification at the loan disbursement stage.

Application Process – Step by Step Guide for SBP EV Loan 2025

The State Bank of Pakistan Cost Sharing EV Scheme 2025 is designed to be simple, fast, and transparent. Unlike traditional loans that require multiple branch visits and long paperwork, this scheme is fully digital with minimal human interaction.

Here is the complete step-by-step process to apply online:

📌 Step 1: Visit the Official Portal

• Go to the official EV Loan Portal hosted by:
  • Ministry of Industries & Production (MoIP): https://www.moip.gov.pk
  • Engineering Development Board (EDB): https://www.engineeringdevelopmentboard.gov.pk
• Select SBP Cost Sharing Electric Vehicle Scheme 2025.

📌 Step 2: Register with CNIC & Mobile Number

• Enter your CNIC number.
• Provide a mobile number registered on CNIC.
• System verifies details via NADRA Verisys and PMD mobile check.
• You will receive an OTP (One-Time Password) on your mobile for activation.

📌 Step 3: Select Vehicle Type

• Choose your preferred vehicle:
  • Electric Bike (E-Bike)
  • Electric Rickshaw / Loader
• Quotas (25% women, 10% riders, 30% fleets) will automatically be applied.

📌 Step 4: Upload Required Documents

Upload clear scanned copies of:

• CNIC (front & back)
• Driving license (or undertaking)
• Salary slip / bank statement / income proof
• Utility bill (address verification)
• Passport-size photo

📌 Make sure documents are valid and legible.

📌 Step 5: Choose a Bank

• Select your preferred participating bank from the portal list.
• Banks are already integrated into the system.
• Your loan application will be forwarded directly for processing.

📌 Step 6: Bank Verification

• The bank reviews your application by checking:
  • Income proof & repayment capacity
  • Credit score & Debt Burden Ratio (DBR)
  • CNIC and document authenticity
• If eligible, your loan gets approved.

📌 Step 7: Subsidy Adjustment & Equity Payment

• Govt subsidy is applied first:
  • Rs. 50,000 for bikes
  • Rs. 200,000 for rickshaws/loaders
• If subsidy covers full equity (20%), no down payment is required.
• If any balance remains, applicant pays the small equity portion.

📌 Step 8: Vehicle Delivery

• After loan approval, the OEM/vendor shortlisted by EDB delivers the vehicle.
• Delivery includes warranty & after-sales service.
• EMI plan begins after delivery, covering only principal + insurance.

⚡ Why This Process is Unique?

• Digital-first → No branch visits needed.
• Transparent → No favoritism; system auto-applies quotas.
• Fast approvals → Banks integrated online.
• Real-time updates → Applicants receive SMS/email notifications about status.

Charges & Fees in SBP EV Scheme 2025

The State Bank of Pakistan Cost Sharing EV Scheme 2025 is designed to be borrower-friendly, with no hidden costs and transparent fee structure. Unlike traditional bank loans that are loaded with processing charges and heavy interest, this scheme eliminates unnecessary costs and keeps only the essential ones.

1️⃣ Loan Processing Charges – Zero

• No loan processing fee will be charged by any bank.
• Normally, banks charge Rs. 5,000–10,000, but under this scheme, it is completely free.

2️⃣ Early Settlement Charges – Zero

• Borrowers can repay the loan before maturity without any penalty.
• Example: If your bike loan is for 2 years but you repay in 1 year, no extra charges apply.

3️⃣ Registration Charges – Applicant Pays

• Vehicle registration (Excise & Taxation Department) is not covered by subsidy.
• Charges vary by city/province.
• Example: Bikes may cost Rs. 3,000–7,000 for registration, while rickshaws/loaders may cost more.

4️⃣ Insurance Charges – Shared by Borrower

• First-year insurance must be paid upfront at the time of loan.
• From second year onward, insurance cost is added into EMI.
• Insurance covers theft, accidents, and damages.
• Govt has negotiated reduced rates with insurance companies.

5️⃣ Late Payment Charges – As Per Bank Schedule

• If an installment is delayed, banks charge late fees according to their Approved Schedule of Charges (APSC).
• This encourages timely repayments.

6️⃣ Repossession Charges – Borrower Bears Cost

• In case of repeated defaults, banks may repossess the vehicle.
• Repossession costs are paid by the borrower.
• This step is used only as a last resort after several missed payments.

7️⃣ NADRA & Mobile Verification Charges – Govt Pays

• NADRA Verisys Check and PMD Mobile Database Check are paid by the government.
• Applicants don’t bear any verification costs.

⚡ Why This Fee Structure is Fair?

• No hidden charges → applicants know exactly what to pay.
• No markup → unlike regular loans, you don’t pay any interest.
• No early repayment penalty → borrowers can close loans anytime.
• Only real costs remain → registration, insurance, and late/repo charges if applicable.

Credit Score & Risk Management in SBP EV Scheme 2025

The State Bank of Pakistan Cost Sharing EV Scheme 2025 has been designed not only for borrowers’ convenience but also to ensure that banks remain confident while lending. For this reason, a balanced system of credit checks, income verification, and government guarantees has been introduced.

📌 Credit Scorecard – Bank’s Role

• Each bank will assess applications according to its internal credit policy.
• Factors checked include:
  • Past repayment history (loans, credit cards, etc.)
  • Debt Burden Ratio (DBR) – applicant’s income vs. loan repayment ability
  • Stability of income – salaried job, business income, or proxy income proof
• Applicants with good repayment behavior will get faster approvals.

📌 Income Estimation Methods

• Salary Slip – for employees in government or private jobs.
• Bank Statement (3–6 months) – for self-employed or freelancers.
• Proxy Income Methods – for daily wage earners, vendors, and small shopkeepers.
  📌 This ensures financial inclusion – even those without formal income slips can apply.

📌 Debt Burden Ratio (DBR)

• As per SBP Prudential Regulations, banks must check DBR.
• Formula: Total Monthly Loan Payments ÷ Monthly Income
• Example:
  • If income = Rs. 40,000
  • EMI = Rs. 5,400 for bike
  • DBR = 13.5% → easily acceptable.

📌 Government’s Risk Mitigation – Credit Loss Guarantee (CLG)

To reduce bank risk, the federal government has announced a 20% Portfolio Guarantee on First Loss Basis.

• If a borrower defaults, banks can claim 20% of the default amount from the govt guarantee fund.
• Claim can be filed after 180 days of non-payment.
• This ensures banks remain willing to lend widely without hesitation.

📌 Why This Risk Management System Matters?

• Protects Banks → Encourages maximum participation.
• Protects Borrowers → Ensures fair and affordable loan terms.
• Expands Inclusion → Students, women, and low-income workers can access financing even without strong credit history.
• Reduces Defaults → Small EMIs + government backing = higher repayment rates.

Long-Term Benefits of Subsidy & EV Adoption in Pakistan

The State Bank of Pakistan Cost Sharing EV Scheme 2025 is not just a short-term relief program – it is a strategic investment in Pakistan’s future. By offering Rs. 50,000 subsidy for bikes and Rs. 200,000 subsidy for rickshaws/loaders, the government is encouraging mass adoption of electric vehicles (EVs). This shift will bring long-term social, economic, and environmental benefits for individuals as well as the country.

⚡ 1. Economic Relief for Citizens

• Petrol and diesel prices are rising constantly, burdening ordinary families and workers.
• EVs reduce fuel expenses by up to 70%, saving thousands every month.
• Subsidies make purchase affordable, and 0% markup loans reduce repayment stress.
• Example: A student or delivery rider can save more on fuel than they spend on EMIs.

🌿 2. Environmental Sustainability

• EVs produce zero tailpipe emissions, unlike petrol/diesel vehicles.
• Large-scale adoption reduces air pollution and carbon footprint.
• Cleaner air means better public health and lower medical costs.
• Supports Pakistan’s commitment to climate change goals and a greener economy.

👩‍🦰 3. Women Empowerment

• With a 25% reserved quota, women get access to affordable, safe, and independent mobility.
• Female students and professionals can travel without relying on costly and unsafe alternatives.
• In the long run, more women in the workforce means higher household income and stronger economy.

📦 4. Boost to E-Commerce & Delivery Economy

• With 10% quota for riders, the scheme empowers delivery workers in companies like Bykea, Foodpanda, Careem, and Daraz.
• Lower vehicle running costs mean higher earnings for riders.
• This strengthens Pakistan’s gig economy and supports e-commerce growth.

🚜 5. Business Expansion for Fleet Operators

• 30% reserved quota for rickshaws/loaders encourages logistics and transport businesses.
• Reduced costs allow operators to expand fleets and create more jobs.
• Fleet electrification improves efficiency and strengthens urban mobility systems.

🏦 6. Financial Inclusion

• By accepting proxy income methods and covering equity with subsidies, the scheme allows even low-income citizens to access financing.
• Encourages use of digital banking and online portals, helping Pakistan move toward a modern financial system.

📈 7. National Economic Stability

• Pakistan spends billions on fuel imports every year.
• Large-scale EV adoption will reduce import bills and save foreign exchange.

FAQs – SBP EV Scheme 2025:

Conclusion – Why SBP EV Scheme 2025 is a Game Changer

The State Bank of Pakistan Cost Sharing EV Scheme 2025 is more than just a loan program — it is a national transformation plan to make transport affordable, green, and inclusive. By offering Rs. 50,000 subsidy for electric bikes and Rs. 200,000 subsidy for rickshaws/loaders, the government has removed the biggest barrier to EV adoption: high upfront cost.

With 0% markup loans, no processing charges, no early settlement penalties, and a fully digital application process, the scheme ensures transparency and equal access. Dedicated quotas for women (25%), business riders (10%), and fleet operators (30%) make the program inclusive for students, professionals, small businesses, and large-scale transport companies alike.

In the long run, this scheme will not only help individuals save money but also support Pakistan’s economic stability, environmental sustainability, women empowerment, and business growth. By adopting EVs, citizens will reduce their dependence on costly fuel, improve air quality, and contribute to a cleaner and greener Pakistan.

👉 If you want to secure your own subsidized electric bike or rickshaw, the time to act is now. Visit the official MoIP/EDB portal, apply online, and take advantage of this once-in-a-lifetime opportunity to join Pakistan’s electric mobility revolution.