The Pave Vehicle Scheme 2025 Monthly Installment and Repayment Plan has been introduced by the Government of Pakistan to help students, delivery riders, and small entrepreneurs own electric bikes and rickshaws on easy interest-free installments. This program aims to reduce fuel costs, promote clean transport, and open new income opportunities for thousands of citizens across the country.
If you’re thinking about applying through pave.gov.pk, this guide explains everything — from eligibility and installment details to step-by-step application and FAQs.
Quick Overview of Pave Vehicle Scheme
The scheme is designed for a wide range of people:
- Students and delivery riders can apply for electric two-wheelers (ages 18–65).
- Drivers and small business owners can apply for electric rickshaws and loaders (ages 21–65).
The best part is that all vehicles are offered on interest-free loans, with a subsidy provided by the government to reduce upfront costs.
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Key Features at a Glance
- Subsidy for 2-wheelers: Up to Rs. 50,000
- Subsidy for 3-wheelers: Up to Rs. 200,000
- Loan Tenure: 24 months (bikes) and 36 months (rickshaws/loaders)
- Equity Participation: 20% (small down payment by applicant)
- Insurance: 2%
- Extra Charges: Stamping and registration to be paid separately
PAVE Scheme Monthly Repayment Details
Here’s a simple summary of the repayment framework:
| Vehicle Type | Max Subsidy | Loan Cap (Max) | Equity % | Loan Tenure | Insurance Rate |
| 2-Wheeler | Rs. 50,000 | Rs. 200,000 | 20% | 24 months | 2% |
| 3-Wheeler | Rs. 200,000 | Rs. 880,000 | 20% | 36 months | 2% |
💡 Note: Stamping charges and registration fees are not included in the loan and must be paid upfront during down payment.
What is equity participation?
It simply means you pay a small portion of the price upfront (about 20%), while the rest is financed through the bank interest-free.
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How Monthly Installments Are Calculated
Since the scheme offers interest-free loans, the formula for calculating monthly installments is straightforward:
Monthly Installment ≈ Loan Amount ÷ Loan Tenure (months)
For example:
- If your loan is Rs. 200,000 for a 24-month tenure, the monthly installment will be about Rs. 8,333.
- Small variations may occur due to insurance, admin fees, and registration charges.
Pave Vehicle Scheme 2025 Monthly Installment Examples
Here are real-world examples of two-wheelers available under the scheme.
| Company / Brand | Model | Price (PKR) | Subsidized Price (PKR) | Loan Amount (PKR) | Tenure | Monthly Installment (PKR) |
| Vitality Electric Vehicles | Velocity | 249,000 | – | 200,000 | 24 months | 8,674 |
| Jolta Electric Pvt Ltd | Jolta JE-70L | 237,900 | 187,900 | 150,320 | – | 6,263 |
| MS Automobiles Pvt Ltd | MS Jaguar BOLT | 234,900 | – | 147,920 | – | 6,163 |
| Eiffel Industries (Road Prince) | Yadea M3H | 250,000 | – | 200,000 | – | 8,333 |
👉 These bikes are especially suited for students, delivery workers, and riders who want to save money on fuel.
Also Read: PM Electric Bike & Rickshaw Scheme 2025 Online Apply Guide Via Pave Gov Pk
Sample Three-Wheeler Repayment Examples
| Company / Brand | Model | Price (PKR) | Subsidized Price (PKR) | Loan Amount (PKR) | Monthly Installment (PKR) |
| SAZGAR | Shuttle (90Ah) | 1,160,000 | 960,000 | 768,000 | 21,333 |
| Pak Star Automobile Pvt Ltd | Tez Raftar 1800W | 800,000 | 600,000 | 480,000 | 13,333 |
| Nova Mobility Pvt Ltd | Ecodost Electric Rickshaw | 1,200,000 | 1,000,000 | 800,000 | 22,222 |
| Huaguan Energy Pvt Ltd | Voltix Cargo Loader | 665,000 | 465,000 | 372,000 | 10,333 |
👉 These vehicles are great for entrepreneurs who want to earn with ride services or cargo delivery without high fuel or loan costs.
Full Model Matrix
| Company | Model | Price (Rs.) | Type | Loan | Est. Monthly (Rs.) |
| Vitality EV | Velocity | 249,000 | 2-Wheeler | 200,000 | 8,674 |
| Jolta Electric | JE-70L | 237,900 | 2-Wheeler | 150,320 | 6,263 |
| MS Automobiles | Jaguar BOLT | 234,900 | 2-Wheeler | 147,920 | 6,163 |
| Road Prince | Yadea M3H | 250,000 | 2-Wheeler | 200,000 | 8,333 |
| Sazgar | Shuttle 90Ah | 1,160,000 | 3-Wheeler | 768,000 | 21,333 |
| Pak Star | Tez Raftar | 800,000 | 3-Wheeler | 480,000 | 13,333 |
| Nova Mobility | Ecodost | 1,200,000 | 3-Wheeler | 800,000 | 22,222 |
| Huaguan Energy | Voltix Loader | 665,000 | 3-Wheeler | 372,000 | 10,333 |
Also Read: BISP Re-Verification 8171 September 2025: Easy Steps to Confirm Eligibility
How to Apply on pave.gov.pk
The application process is fully online and transparent:
- Register on pave.gov.pk.
- Choose your vehicle (bike, rickshaw, or loader).
- Check subsidy & financing details shown on the portal.
- Pay equity/down payment (about 20% + stamping/registration charges).
- Upload documents: CNIC, photo, mobile number, fee deposit proof, bank forms.
- Bank processing and verification.
- E-balloting (random computerized selection for fairness).
- Final payment & vehicle delivery.
Who Benefits the Most from Pave Scheme?
- Students & Delivery Riders → Affordable two-wheelers like Jolta or Velocity.
- Daily Wage Earners → Low-cost bikes with small EMIs.
- Small Entrepreneurs → Rickshaws like Tez Raftar or loaders like Voltix.
- Families → Reliable electric bikes for cost savings in daily commutes.
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Factors That Affect Your Monthly Payment
- The equity % (20% down payment).
- The final loan amount after subsidy.
- Bank charges and insurance (2%).
- Stamping and registration fees (paid separately).
- The loan tenure chosen (24 or 36 months).
Prepayment, Default, and Delivery Notes
Although the scheme is interest-free, the banks have their own policies:
- Prepayment: Some banks may allow early loan clearance.
- Defaults: Missing installments could lead to penalties.
- Delivery: Vehicles will only be delivered once down payment, stamping, and insurance charges are cleared.
Also Read: AZAG Registration 2025 – Complete Steps After Plot Allotment
FAQs — Pave Vehicle Scheme 2025
What is the monthly repayment plan under the scheme?
Fixed, interest-free payments — 24 months for bikes and 36 months for rickshaws/loaders.
Who is eligible?
Ages 18–65 for bikes, 21–65 for rickshaws/loaders, with a valid CNIC.
How much subsidy is offered?
Up to Rs. 50,000 on 2-wheelers and Rs. 200,000 on 3-wheelers.
How are installments calculated?
Loan amount divided by tenure, with slight variations due to insurance/fees.
Do I need to pay registration/stamping separately?
Yes, these are paid at actual cost during down payment.
How are applicants selected?
Through computerized e-balloting for fairness.
Can I repay my loan early?
Depends on the bank’s policy.
What if I miss an installment?
The bank may apply penalties or recovery action.
Final Summary
The Pave Vehicle Scheme 2025 Monthly Installment and Repayment Plan is a golden chance for Pakistanis to own an electric bike or rickshaw without worrying about heavy interest rates. With upfront subsidies, small monthly installments, and a fair e-balloting process, this scheme is perfect for students, workers, and small entrepreneurs.
