The PM Electric Bike and Rickshaw Scheme 2025 is Pakistan’s newest initiative to promote affordable and eco-friendly transportation. Launched under the Prime Minister Youth Development Program, this scheme aims to provide interest-free or low-cost electric bikes and rickshaws to students, delivery riders, and low-income families across the country.
In the November 2025 update, the government expanded the scheme with more banks and manufacturers on board, making it easier for applicants to register, finance, and receive their vehicles. Here’s the complete guide to understanding the process, eligibility, and benefits.
What is the PM Electric Bike and Rickshaw Scheme 2025?
This scheme helps individuals purchase electric bikes and rickshaws through easy installments, promoting a green Pakistan while reducing fuel costs and pollution.
Eligibility Criteria
To apply for the PM Electric Bike or Rickshaw Scheme, you must:
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Be a Pakistani citizen aged 18–45 years
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Hold a valid CNIC and driving license
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Have a verified income source or guarantor
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Not be a defaulter of any bank or loan scheme
Required Documents
| Document | Purpose |
|---|---|
| CNIC Copy | Identity verification |
| Driving License | For bike/rickshaw users |
| Income Certificate | Financial assessment |
| Guarantor CNIC | For loan support |
| Application Form | Available at designated banks |
Step-by-Step Process to Apply
1. Visit the Official Portal
Go to the https://www.pave.gov.pk/ and open the Electric Bike and Rickshaw section.
2. Fill Out the Online Form
Enter your personal, financial, and contact details accurately.
3. Upload Required Documents
Attach scanned copies of CNIC, income proof, and guarantor details.
4. Select Vehicle Type
Choose between electric bike or rickshaw and preferred model.
5. Bank Verification
Partner banks like the Bank of Punjab and National Bank of Pakistan will verify your details and finalize the financing plan.
6. Delivery
Once approved, you’ll receive an SMS or email about delivery from the manufacturer.
Benefits of the Scheme
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Zero or low interest on installments
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Environmentally friendly transport
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Support for students and delivery riders
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Reduction in monthly fuel costs
Conclusion
The PM Electric Bike and Rickshaw Scheme 2025 is a major step toward sustainable transport and youth empowerment. If you’re looking for an affordable way to own a vehicle, this scheme is your best option. Apply today through the official PM Youth Program portal and take your first ride toward a greener future.
FAQs
1. How can I apply for the PM Electric Bike Scheme 2025?
You can apply online through the official PM Youth Program portal.
2. Who is eligible for this scheme?
Any Pakistani citizen aged 18–45 with valid CNIC and income proof can apply.
3. What is the price range for electric bikes?
Prices start from Rs. 150,000 to Rs. 250,000, depending on the model.
4. Can students apply for the scheme?
Yes, students with valid ID cards and guarantors are eligible.
5. When will deliveries start?
Deliveries will begin after bank verification and approval, expected in early 2026.
6. Is there an installment plan available?
Yes, the government offers monthly installment options through partner banks.
7. Are petrol bikes included in the scheme?
No, only electric bikes and rickshaws are covered under this green initiative.
