PM Electric Bike & Rickshaw Scheme 2025
PM Electric Bike & Rickshaw Scheme 2025:The Government of Pakistan has launched a major initiative in 2025 — the Prime Minister’s Electric Bike & Rickshaw Scheme, also known as the PAVE program — aiming to promote affordable and eco-friendly transport. Through this scheme, electric bikes, e-rickshaws, and loaders are being offered under subsidized terms and zero markup installment plans.
Below is a full overview: who can apply, how, key dates (including the last date), selection, and other important details.
Objectives & Purpose
The PAVE scheme is designed to:
- Encourage green mobility and reduce reliance on fossil fuels.
- Provide affordable transport to students, low-income workers, delivery riders, and small business owners.
- Boost local electric vehicle adoption and manufacturing through demand.
- Ensure access under zero-interest or interest-free financing supported by government subsidy.
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Eligibility & What Vehicles Are Offered
Some of the eligibility criteria and features include:
- Applicants must be Pakistani citizens aged 18–65 for electric bikes; for rickshaws/loaders, slightly different age brackets may apply.
- A valid CNIC is required, often along with an electric bill or address proof.
- Applicants don’t necessarily need a driving license to apply, but a license or learner’s permit is needed to legally operate the vehicle.
- The scheme covers electric bikes (two-wheelers) and three-wheelers (rickshaws / loaders).
- A government subsidy is provided: up to ~ Rs 50,000 for bikes, and up to ~ Rs 200,000 for rickshaws/loaders.
- The remaining cost is financed via installment plans, often interest-free or with government covering markup.
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Application Period & Last Date
The scheme opens for applications in September 2025. Specifically:
- The registration period starts September 1, 2025.
- The last date to apply is September 30, 2025.
- After the deadline, no further submissions will be accepted through the portal.
- So, applicants must submit their applications between September 1 and September 30, 2025.
Selection & Balloting
- Because many more people may apply than vehicles available, selection is done via e-balloting / computerized lucky draw if demand exceeds supply.
- If applications exceed quotas, the draw will occur October 1, 2025.
- After balloting, selected candidates will go through verification (for financial documents, guarantors, etc.) before final allocation.
Post-Selection & Delivery
Once selected:
- Applicants must complete documentation and confirm the installment/financing plan with partner banks.
- After clearing all formalities, the vehicle (bike or rickshaw) will be delivered or made available at pickup centers.
- In some cases, applicants must pay the first installment, insurance, or bank charges at the start.
“Raksha Scheme” Mention & Clarification
You asked about the “Raksha scheme.” If by “Raksha” you meant the rickshaw (3-wheelers) part of PAVE, then it is already included under the “rickshaw / loader” vehicles in this scheme. Otherwise, if “Raksha scheme” refers to a different program, I couldn’t find credible details in my search. In this article, “rickshaw” is part of PAVE’s offerings.
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Summary & Reminder
- Scheme name: Prime Minister Electric Bike & Rickshaw Scheme (PAVE) 2025
- Application window: September 1 to September 30, 2025 (inclusive)
- Last date to apply: September 30, 2025
- Balloting / draw: October 1, 2025 (if demand exceeds quotas)
- Vehicles covered: Electric bikes, e-rickshaws / loaders
- Subsidies: Up to ~Rs 50,000 for bikes, ~Rs 200,000 for 3-wheelers
- Financing: Installments, often interest-free or with government covering markup
- Selection: Via computerised draw and verification