PAVE Gov PK Vehicle Monthly Repayment Schedule and Installments Plan Today 2025. The PAVE Gov PK Vehicle Monthly Repayment Schedule 2025 is a government initiative that aims to make electric vehicles (EVs) affordable for every Pakistani. Through this scheme, middle- and lower-income citizens can buy 2-wheelers and 3-wheelers at low prices and easy installments without paying any bank interest.
If you’re wondering how much monthly installment you’ll pay for your electric bike or rickshaw, this article gives you a complete breakdown of PAVE repayment plans, loan details, and subsidy structure.
What Is PAVE Gov PK Scheme 2025?
The Prime Minister’s Affordable Vehicle and Electric (PAVE) Scheme 2025 is a landmark move by the Government of Pakistan to promote green transportation and financial inclusion.
Under this scheme:
- Citizens can get interest-free loans for electric bikes, loaders, and rickshaws.
- The federal subsidy reduces the actual vehicle price instantly.
- Applicants only pay a small equity share (20%), and the rest is financed.
The main goal is to help students, delivery riders, daily wage earners, and small entrepreneurs switch to eco-friendly rides while saving fuel costs.
PAVE Gov PK Monthly Repayment Schedule
The repayment schedule under PAVE Gov PK is designed to ensure easy monthly installments and zero financial pressure.
Here’s the official structure for both 2-wheelers and 3-wheelers:
| Vehicle Type | Max Subsidy (Rs.) | Loan Cap (Rs.) | Equity Participation | Loan Tenure | Insurance Rate |
|---|---|---|---|---|---|
| 2-Wheeler | 50,000 | 200,000 | 20% | 24 months | 2% |
| 3-Wheeler | 200,000 | 880,000 | 20% | 36 months | 2% |
Note: Stamping and registration fees will be paid separately during the downpayment stage.
PAVE Two-Wheeler Models and Monthly Installments (2025)
Let’s look at some of the sample 2-wheeler EVs available under the PAVE scheme, their market prices, and monthly repayment amounts:
| Model & Manufacturer | Market Price (Rs.) | Subsidized Price (Rs.) | Loan Amount (Rs.) | Monthly Installment (Rs.) |
|---|---|---|---|---|
| VELOCITY (Vitality Electric Vehicles) | 249,000 | 200,000 | 200,000 | 8,674 |
| Jolta JE-70L (Jolta Electric Pvt Ltd) | 237,900 | 187,900 | 150,320 | 6,263 |
| MS Jaguar BOLT (MS Automobiles Pvt Ltd) | 234,900 | 184,900 | 147,920 | 6,163 |
| Yadea M3H (Eiffel Industries – Road Prince) | 250,000 | 200,000 | 200,000 | 8,333 |
Target Group:
- Students & delivery riders
- Working professionals who need daily commutes
- Environmentally conscious citizens
These bikes ensure low maintenance, zero fuel costs, and silent rides, making them perfect for Pakistan’s urban and semi-urban areas.
PAVE Three-Wheeler Models and Monthly Installments (2025)
The PAVE scheme isn’t just for personal transport it supports small businesses and self-employed individuals through affordable electric rickshaws and loaders.
| Model & Manufacturer | Market Price (Rs.) | Subsidized Price (Rs.) | Loan Amount (Rs.) | Monthly Installment (Rs.) |
|---|---|---|---|---|
| SAZGAR Shuttle (90Ah) | 1,160,000 | 960,000 | 768,000 | 21,333 |
| Tez Raftar 1800W (Pak Star Automobile Pvt Ltd) | 800,000 | 600,000 | 480,000 | 13,333 |
| Ecodost Electric Rickshaw (Nova Mobility Pvt Ltd) | 1,200,000 | 1,000,000 | 800,000 | 22,222 |
| Voltix Cargo Loader (Huaguan Energy Pvt Ltd) | 665,000 | 465,000 | 372,000 | 10,333 |
Ideal For:
- Delivery and logistics workers
- Self-employed drivers
- Small shop owners and vendors
The interest-free financing makes these vehicles attainable for entrepreneurs aiming to expand their work while reducing operating costs.
Key Features of PAVE Gov PK Installment Plan
The government’s EV scheme is designed around ease, affordability, and sustainability. Here’s what makes it stand out:
1. Interest-Free Financing
All PAVE vehicles come with 0% markup loans through partner banks, making repayment affordable even for low-income applicants.
2. Upfront Government Subsidy
Buyers receive the subsidy immediately, reducing their payable amount at the time of purchase.
3. Flexible Tenure
- 2 years for 2-wheelers
- 3 years for 3-wheelers
This flexibility allows borrowers to balance monthly budgets without financial strain.
4. Transparent Selection through E-Balloting
Every applicant is chosen fairly through an online e-balloting system, ensuring no favoritism or corruption.
5. Environmentally Friendly Impact
The scheme reduces carbon emissions and promotes eco-friendly commuting, aligning with Pakistan’s green energy vision.
How to Apply for PAVE Vehicle Scheme 2025
Applying for the PAVE Gov PK Vehicle Scheme 2025 is simple and can be done completely online.
Step-by-Step Application Process
- Visit the official PAVE Portal – pave.gov.pk.
- Click on “Apply for Vehicle Financing.”
- Fill in your personal, income, and employment details.
- Upload the required documents (CNIC, proof of income, bank details).
- Review your information and submit the form.
- Wait for confirmation and participate in the e-balloting process.
Once selected, you’ll receive an email or SMS notification for loan processing and vehicle collection.
Required Documents for PAVE Application
Before applying, make sure you have these documents ready:
- Valid CNIC (Computerized National Identity Card)
- Domicile certificate
- Proof of income or business
- Recent utility bill (address verification)
- Bank account details
- Passport-size photo
PAVE EV Options with Estimated Monthly Installments
| Company | Model | Price (Rs.) | Type | Est. Monthly (Rs.) |
|---|---|---|---|---|
| Vitality Electric Vehicles | VELOCITY | 249,000 | 2-Wheeler | 8,674 |
| Jolta Electric Pvt Ltd | JE-70L | 237,900 | 2-Wheeler | 6,263 |
| MS Automobiles Pvt Ltd | Jaguar BOLT | 234,900 | 2-Wheeler | 6,163 |
| Eiffel Industries (Road Prince) | Yadea M3H | 250,000 | 2-Wheeler | 8,333 |
| Sazgar Engineering Works | Shuttle 90Ah | 1,160,000 | 3-Wheeler | 21,333 |
| Pak Star Automobile Pvt Ltd | Tez Raftar | 800,000 | 3-Wheeler | 13,333 |
| Nova Mobility Pvt Ltd | Ecodost | 1,200,000 | 3-Wheeler | 22,222 |
| Huaguan Energy Pvt Ltd | Voltix Loader | 665,000 | 3-Wheeler | 10,333 |
Benefits of PAVE Gov PK Vehicle Scheme
- Zero interest financing – full subsidy support from the government
- Affordable monthly payments for both 2- and 3-wheelers
- Immediate subsidy deduction at purchase
- Transparent e-balloting process
- Support for youth, students, and small businesses
- Contribution to Pakistan’s green mobility mission
PAVE Gov PK Repayment Example (For 2-Wheeler)
| Particular | Amount (Rs.) |
|---|---|
| Vehicle Price | 240,000 |
| Government Subsidy | 40,000 |
| Payable Loan Amount | 200,000 |
| Loan Tenure | 24 months |
| Monthly Installment | 8,674 |
| Total Payable (24 months) | 208,176 |
This clear repayment example shows how the PAVE structure keeps costs predictable and easy to manage.
Important Notes for Applicants
- All applications are verified through NADRA CNIC data.
- Subsidy applies upfront, not after loan approval.
- Interest-free financing only available through partner banks.
- Registration and insurance must be paid separately.
- Late payments may affect future government financing eligibility.
FAQs
1. What is the PAVE Gov PK scheme 2025?
It’s a government program that provides interest-free loans for electric bikes and rickshaws with upfront subsidies for middle- and lower-income citizens.
2. Who is eligible for the PAVE Vehicle Scheme?
Pakistani citizens aged 18–55 with valid CNIC, stable income, and no prior loan defaults can apply.
3. How much is the subsidy for electric bikes?
The subsidy is up to Rs. 50,000 for 2-wheelers and Rs. 200,000 for 3-wheelers.
4. How long is the repayment period?
The repayment tenure is 24 months for bikes and 36 months for rickshaws.
5. Where can I apply for the PAVE Gov PK Scheme?
You can apply directly through the official website: pave.gov.pk.
Conclusion
The PAVE Gov PK Monthly Repayment Schedule 2025 is a revolutionary step toward affordable electric mobility in Pakistan. With zero-interest loans, upfront subsidies, and flexible installments, the scheme empowers students, workers, and entrepreneurs to adopt sustainable transport solutions.