PAVE Scheme 2026: Electric Bike and Rickshaw Subsidy, Eligibility and Registration

PAVE Scheme 2026 is a federal government program to support the adoption of electric vehicles in Pakistan. PAVE stands for Pakistan Accelerated Vehicle Electrification and is being implemented as part of the country’s wider shift towards electric and cleaner transportation.

The scheme focuses mainly on electric two wheelers and three wheelers. Eligible applicants can get government financial support when purchasing approved electric bikes, electric rickshaws or electric loaders through the scheme.

According to the official PAVE portal, the current subsidy is Rs. 80,000 for an electric two wheeler and Rs. 400,000 for an electric three wheeler, including an E Rickshaw or Loader.

The scheme is not limited to students. The federal framework allows eligible Pakistani citizens to apply, subject to the applicable age, financing and vehicle requirements.

PAVE Scheme

The Pakistan Accelerated Vehicle Electrification Scheme is a federal initiative introduced under Pakistan’s New Energy Vehicle Policy framework.

The basic idea is to make electric vehicles more affordable by sharing part of the cost with buyers and supporting financing through participating financial institutions.

The scheme is particularly focused on electric bikes and three wheelers because these vehicles are widely used for personal transportation, commuting and small business activities.

The State Bank of Pakistan’s scheme circular states that the program was designed to promote energy efficiency and the transition towards green technologies in Pakistan’s automotive sector.

PAVE Scheme 2026 Latest Details

The subsidy figures above are displayed on the official PAVE portal.

How much subsidy is available under PAVE?

The amount depends on the type of electric vehicle.

For an approved electric two wheeler, the official PAVE portal currently lists a subsidy of Rs. 80,000.

For an approved electric three wheeler, the subsidy is Rs. 400,000. This category includes electric rickshaws and loaders.

The subsidy should not be understood as cash that is simply handed over to every applicant. It is part of the government’s cost sharing arrangement for eligible vehicles purchased through the approved scheme structure.

PAVE Electric Bike Subsidy

The electric bike component is intended to reduce the upfront cost of an approved electric two wheeler.

The official PAVE portal currently shows a Rs. 80,000 subsidy for an electric two wheeler.

The actual amount that an applicant has to pay depends on the price of the selected approved vehicle, the applicable financing arrangement and the amount covered by the government subsidy.

Applicants should therefore not assume that an electric bike will cost exactly Rs. 80,000 after the subsidy.

PAVE Electric Rickshaw and Loader Subsidy

The three wheeler category covers electric rickshaws and electric loaders.

According to the official PAVE portal, the subsidy for an eligible electric three wheeler is Rs. 400,000.

This can be particularly relevant for people who use rickshaws and loaders as part of their daily business activities.

The original SBP financing framework also included a separate quota for fleet operators in the three wheeler category.

Who Can Apply for PAVE Scheme?

The original federal financing framework states that Pakistani citizens, including citizens from Gilgit Baltistan and Azad Jammu and Kashmir, can apply subject to the applicable age requirements.

For electric bikes, the minimum age was set at 18 years, while applicants for electric rickshaws and loaders had to be at least 21 years old.

The maximum age under the financing framework was 65 years.

For three wheelers, fleet operators were also included as an eligible category, with the applicable fleet operator conditions to be determined under the scheme.

Applicants must also meet the financing institution’s credit and documentation requirements.

PAVE Scheme Eligibility Criteria

The published financing framework includes the following basic requirements:

1. The applicant must be a Pakistani citizen.
2. Applicants for E Bikes must be at least 18 years old.
3. Applicants for E Rickshaws and Loaders must be at least 21 years old.
4. The maximum age under the financing framework is 65 years.
5. The applicant must provide a valid CNIC.
6. The applicant must meet the applicable financing and credit requirements.
7. The selected vehicle must be from the approved vehicle models and vendors.
8. The applicant must complete the required documentation.

The State Bank of Pakistan specifically lists a valid CNIC and a digital undertaking relating to a driving license among the mandatory documentation requirements.

Is PAVE Scheme Available Across Pakistan?

The federal framework is nationwide.

The eligibility rules specifically include citizens from Pakistan as well as Gilgit Baltistan and Azad Jammu and Kashmir, subject to the scheme requirements.

This makes PAVE different from some provincial electric bike programs that are restricted to residents or students of a particular province.

Applicants should still check the latest application portal for the availability of specific vehicle models and participating financing options.

PAVE Scheme Financing

PAVE is not simply a cash subsidy program.

The government has combined cost sharing with financing arrangements so that eligible applicants can purchase approved electric vehicles with financial support.

Under the SBP’s published framework, financing was available through both conventional and Islamic financing.

For the original framework, the maximum financing amount was:

These figures come from the SBP’s 2025 scheme framework.

The current PAVE portal’s subsidy figures are Rs. 80,000 and Rs. 400,000 respectively. Applicants should therefore check the financing offer shown during the current application process instead of assuming that every older financing term remains unchanged.

Is PAVE Financing Interest Free?

The original SBP framework specified a zero percent end user rate, with the federal government providing the markup subsidy.

This means the applicant was not charged the underlying bank markup under the scheme structure.

However, 0 percent financing does not mean that every possible cost is zero.

The SBP framework separately mentions insurance, registration charges, late payment charges and repossession charges where applicable. Loan processing charges were listed as nil, while registration charges were to be borne by the borrower.

Applicants should read the financing documents carefully before accepting a loan.

PAVE Down Payment Requirement

The original scheme framework specified an 80:20 debt to equity ratio.

This means the financing structure was based on up to 80 percent debt and 20 percent equity, with the government subsidy forming part of the equity contribution.

The SBP circular explains that where the fixed government subsidy fully covers the required equity portion, the borrower may not have to contribute additional equity.

The exact amount payable by an applicant can depend on the price of the selected vehicle and the applicable financing calculation.

PAVE Electric Bike Loan Tenure

Under the original financing framework, the maximum loan tenure for electric bikes was two years.

For electric rickshaws and loaders, the maximum tenure was three years.

The actual repayment schedule is determined through the financing agreement with the participating bank.

Who Can Get an Electric Bike for Business?

The PAVE framework also recognizes people who intend to use electric bikes for business purposes.

The original scheme reserved a maximum of 10 percent of the total E Bike allocation for applicants intending to use their electric bikes for business activities such as courier or delivery services.

This means PAVE is not limited to personal commuting.

However, applicants should check the current portal and applicable allocation rules because the scheme can be implemented in different phases.

Female Quota Under PAVE

The federal financing framework included a specific allocation for women.

At least 25 percent of the total E Bike allocation was reserved for females under the published scheme structure.

This was intended to ensure that women also have access to the electric mobility financing facility.

Women applicants still have to satisfy the general eligibility and financing requirements.

How to Apply for PAVE Scheme?

The official PAVE website is the main online platform for the scheme.

The Ministry of Industries and Production announced in September 2025 that registration for EV bikes under the National Electric Vehicle Policy 2025 to 2030 had been opened through pave.gov.pk.

Applicants were required to complete the online application rather than submitting a traditional paper form.

The basic process involves:

Step 1: Visit the official PAVE website.

Step 2: Create an account or log in to the application portal.

Step 3: Enter your CNIC and personal information.

Step 4: Provide the required contact and financial information.

Step 5: Select the relevant electric vehicle category.

Step 6: Choose from the approved vehicle options where available.

Step 7: Submit the application.

Step 8: Wait for verification and the financing or selection process.

The exact screens and application requirements can change when a new phase opens, so applicants should follow the instructions displayed on the official portal.

Is PAVE Registration Open in 2026?

This is an important point for anyone searching for PAVE Scheme 2026 registration.

The official PAVE registration page currently displays the message that applicants cannot proceed because the application deadline has passed.

Therefore, it would be incorrect to tell readers that fresh PAVE applications are currently open without a new official announcement.

People who have already submitted an application should use the official PAVE portal to check their application status or login information.

Those who have not applied should wait for the government to announce another application phase rather than submitting information through unofficial websites.

What Vehicles Are Included in PAVE?

The scheme is focused on electric two and three wheelers.

The main categories are:

Electric Bikes

These are electric two wheelers intended for personal transportation and, within the applicable quota, business use.

Electric Rickshaws

Electric rickshaws fall under the three wheeler category and receive the higher subsidy amount.

Electric Loaders

Electric loaders are also included in the three wheeler category.

The government uses approved manufacturers and vehicle models for the scheme. The SBP framework states that OEMs and vendors are shortlisted by the Engineering Development Board.

PAVE Approved Vehicle Models

Applicants cannot simply purchase any electric bike available in the Pakistani market and claim the government subsidy.

The financing framework is based on vehicles and vendors approved under the program.

The Engineering Development Board is responsible for the approved OEM and vehicle model list under the scheme framework.

This is why applicants should check the official PAVE portal for the available models instead of relying only on advertisements from electric bike companies.

What Documents Are Required?

The exact documents can vary depending on the financing institution and applicant category.

The SBP framework lists a valid CNIC and digital undertaking for a driving license among the mandatory documentation requirements.

The financing process can also require information used for income estimation and credit assessment.

For example, the published framework allows income to be assessed through salary slips, bank statements or proxy methods.

Applicants should therefore keep their CNIC, mobile number, driving license information and relevant financial documents available.

Does PAVE Require a Driving License?

The SBP framework includes a digital undertaking for a driving license as mandatory documentation.

The actual driving license related verification requirements can depend on the vehicle category and the applicable implementation instructions.

Applicants should therefore check the current PAVE application form and financing bank requirements before submitting the application.

What Happens After Applying?

Submitting an application does not automatically mean that an applicant will receive an electric vehicle.

The application has to go through the applicable verification and financing process.

Banks can check the applicant’s identity, credit profile, debt burden and income information before approving financing.

The SBP framework states that credit assessment is subject to the bank’s risk appetite and credit policy, while debt burden is assessed according to SBP prudential requirements.

Does Every Applicant Get a PAVE Bike?

No.

The number of available vehicles is limited.

The original federal framework covered approximately 116,000 E Bikes and 3,170 E Rickshaws and Loaders during FY 2025 to 2026. The scheme was divided into two phases, with 40,000 E Bikes and 1,000 three wheelers in the first phase and the remaining allocation in the second phase.

Because the number of vehicles and applications can differ, completing an application does not by itself guarantee financing or vehicle delivery.

PAVE Scheme and New Energy Vehicle Policy

PAVE is connected with Pakistan’s broader New Energy Vehicle Policy.

The Ministry of Industries and Production has published the New Energy Vehicles Policy 2025 to 2030, which provides a wider framework for electric vehicle adoption and related measures in Pakistan.

The PAVE program is one of the practical financing and cost sharing mechanisms supporting this wider transition towards electric mobility.

The government is also working on charging infrastructure, local manufacturing and the broader EV ecosystem. Recent Ministry of Industries and Production updates show continued work on electric vehicle policy and charging infrastructure.

PAVE Scheme vs CM Punjab E Bike Scheme

These two programs are often confused because both provide support for electric bikes.

The PAVE Scheme is a federal program and is designed around Pakistan’s wider electric vehicle policy.

The CM Punjab E Bike Scheme is a separate Punjab Government initiative, mainly focused on students in Punjab.

PAVE has a wider applicant base, while the Punjab student scheme has specific student and geographical requirements.

Therefore, a person searching for an electric bike subsidy should first determine which scheme they actually qualify for.

Is PAVE Scheme Free?

No.

PAVE should not be described as a scheme that gives everyone a completely free electric bike.

It provides government cost sharing or subsidy along with financing arrangements for eligible applicants.

The official portal currently lists Rs. 80,000 support for an electric two wheeler and Rs. 400,000 for an electric three wheeler.

The applicant may still have to meet the applicable equity, financing, insurance and registration requirements.

Important Update for Applicants

There are several different figures about PAVE circulating online.

For example, the original SBP framework published a maximum capital subsidy of up to Rs. 50,000 for two wheelers and up to Rs. 200,000 for three wheelers.

The current official PAVE portal now displays Rs. 80,000 for an electric two wheeler and Rs. 400,000 for an electric three wheeler.

This is why applicants should check the current PAVE portal and latest government instructions rather than relying on an older article.

PAVE Scheme 2026 Status

As of September 2026, the official PAVE portal is accessible, but its registration page currently says that the application deadline has passed.

This means new applicants should not assume that registration is currently open.

If the government announces another phase or reopens applications, the official PAVE portal should be the first place to check.

Applicants who already registered can use the official portal to access their application information.

PAVE Scheme Official Website

The official website for the program is:

pave.gov.pk

The Ministry of Industries and Production has also directed applicants to use the PAVE website for EV bike registration.

Applicants should avoid unofficial websites asking for payment in exchange for registration, guaranteed selection or faster approval.

PAVE Scheme 2026 Quick Facts

The subsidy figures are from the current PAVE portal, while the financing and eligibility figures marked as part of the original framework come from the SBP circular.

Frequently Asked Questions

What is the PAVE Scheme?

PAVE stands for Pakistan Accelerated Vehicle Electrification. It is a federal program designed to support the adoption of electric vehicles through government cost sharing and financing.

How much subsidy is available for an electric bike?

The current official PAVE portal lists a subsidy of Rs. 80,000 for an electric two wheeler.

How much subsidy is available for an electric rickshaw?

The official PAVE portal lists Rs. 400,000 for an eligible electric three wheeler, including an E Rickshaw or Loader.

Who can apply for PAVE?

The federal framework allows Pakistani citizens, including citizens of AJK and GB, subject to the applicable age and financing requirements. E Bike applicants must be at least 18, while three wheeler applicants must be at least 21.

Is PAVE only for students?

No. PAVE is not a student only scheme. Its federal financing framework is open to eligible citizens subject to the applicable requirements.

Is PAVE financing interest free?

The original SBP framework specified a 0 percent end user rate because the federal government provides the markup subsidy. Other applicable costs, such as insurance and registration, can still apply.

What is the maximum PAVE electric bike loan?

The original SBP framework specified a maximum financing amount of Rs. 200,000 for a two wheeler.

What is the maximum PAVE three wheeler financing?

The original framework specified maximum financing of Rs. 880,000 for a three wheeler.

Is PAVE registration open in September 2026?

The official PAVE registration page currently says that the application deadline has passed.

Where can I apply for PAVE?

The official application website is pave.gov.pk. The Ministry of Industries and Production has directed applicants to this portal for EV bike registration.

Can women apply for PAVE?

Yes. The original financing framework included a minimum 25 percent quota of the total E Bike allocation for females.

Can an electric bike be used for business?

Yes, the original framework included a maximum 10 percent E Bike allocation for people intending to use the vehicles for business purposes such as courier or delivery services.

Can fleet operators apply?

Fleet operators were included as an eligible category for electric rickshaws and loaders under the original framework, with applicable conditions to be determined by the scheme’s Steering Committee.