Required Documents for SBP Electric Vehicle Scheme 2025 Application

Required Documents for SBP Electric Vehicle Scheme 2025 The State Bank of Pakistan (SBP), in collaboration with the Federal Government, has launched the SBP Electric Vehicle (EV) Scheme 2025 to make eco-friendly transport affordable for citizens. With the rise of fuel prices and the increasing need for sustainable mobility, this scheme provides interest-free loans, government subsidies, and installment plans for purchasing electric bikes, rickshaws, and loaders.

However, before applying for this scheme, applicants must ensure that they have the correct documents ready. Missing or incomplete paperwork can lead to delays or even rejection of the application. That is why understanding the required documents for SBP EV Scheme 2025 is crucial.

In this article, we will provide a complete guide to the documents you need, explain why they are required, and share tips to make the process smooth and hassle-free.

Check Also: Required Documents for SBP Electric Vehicle Scheme 2025

Why Documents Are Important in SBP EV Scheme 2025?

Government-backed loan and subsidy programs involve strict scrutiny to prevent fraud, ensure fairness, and verify the applicant’s eligibility. The documents serve as:

• Proof of Identity – To verify the applicant’s personal details.
• Proof of Income – To check repayment capacity for loan installments.
• Proof of Residence – To ensure the applicant belongs to the targeted areas.
• Legal Compliance – To fulfill SBP’s banking and regulatory requirements.

Without proper documentation, the bank cannot process the loan application. Therefore, preparing all documents beforehand is the first step toward a successful application.

Check Also: How to Apply for SBP Vehicle Scheme 2025

Complete List of Required Documents for SBP EV Scheme 2025?

Here’s the detailed list of essential documents:

1. Copy of CNIC (Computerized National Identity Card)?

• Mandatory for all applicants.
• Serves as the primary identity verification.
• Must be valid and not expired.

2. Passport-Sized Photographs (Two Recent Photos)?

• Required for official records and verification.
• Should be clear and not older than six months.

3. Valid Driving License?

• For e-bikes and rickshaws, a valid driving license is compulsory.
• Applicants without a license may be disqualified.
• Women and students must also show learner or full licenses depending on vehicle type.

4. Proof of Income?

Different categories require different proofs:

• Salaried Individuals: Latest salary slip (last 3 months recommended).
• Self-Employed/Business Owners: Income certificate or business proof.
• Students/Unemployed: Sponsorship affidavit from parents or guardians.

5. Bank Account Details?

• Active account in the applicant’s name.
• Used for loan disbursement and EMI (installment) deduction.
• Must be linked with CNIC for verification.

6. Domicile Certificate?

• To prove residency in the province or area.
• Important for region-based quota distribution (e.g., Punjab, Sindh, KP, Balochistan).

7. Utility Bills (Electricity or Gas Bill)?

• Serves as proof of address.
• Should not be older than 3 months.

8. Vehicle Quotation or Invoice (From Approved Dealer)?

• Applicants must get a quotation from an authorized EV dealer.
• The quotation confirms the vehicle’s price and eligibility under the scheme.

9. Guarantee/Collateral Documents (if applicable)?

• In some cases, especially for business loans or fleet operators, banks may ask for a guarantor or collateral.

Check Also: SBP EV Scheme 2025 Eligibility Criteria

Category-Wise Document Requirements?

For Students?

• CNIC copy (or B-Form with guardian’s CNIC)
• Two photos
• Valid learner driving license
• Guardian’s income proof and sponsorship affidavit
• Domicile certificate

For Salaried Individuals?

• CNIC copy
• Two photos
• Driving license
• Salary slip (last 3 months)
• Bank account details
• Utility bill

For Self-Employed / Small Business Owners?

• CNIC copy
• Business registration proof (if available)
• Income certificate or business turnover record
• Driving license
• Domicile

For Women Applicants?

• CNIC copy
• Two recent photos
• Driving license (full or learner)
• Proof of employment or guardian’s sponsorship
• Utility bill

For Fleet Operators (Rickshaws/Loaders)?

• CNIC copies of owner and drivers
• Driving licenses
• Business registration proof
• Tax documents (if applicable)
• Bank account details

Tips to Prepare Your Documents Before Applying?

1. Check Expiry Dates – Renew CNIC and driving license if expired.
2. Get Attested Copies – Some banks may require attested copies of CNIC, domicile, and income proof.
3. Organize in a File – Keep documents neatly arranged to avoid delays.
4. Digital Copies – Scan documents in PDF format for online application submission.
5. Confirm Dealer List – Only use quotations from SBP-approved EV dealers.

Application Process Overview?

1. Collect all required documents.
2. Visit the nearest bank branch participating in the scheme.
3. Fill out the SBP EV Scheme 2025 application form.
4. Submit form with required documents.
5. Bank verifies documents and eligibility.
6. Loan and subsidy approval granted.
7. Vehicle delivery through authorized dealer.

FAQs – Required Documents for SBP EV Scheme 2025?

Conclusion Required Documents for SBP Electric Vehicle Scheme 2025?

The SBP Electric Vehicle Scheme 2025 is a historic initiative that will transform Pakistan’s transport sector by making electric bikes and rickshaws affordable. But the success of your application depends on whether you provide the complete and accurate documents required by the bank.

By preparing in advance, checking validity, and organizing your paperwork, you can avoid unnecessary delays and ensure a smooth approval process. Whether you are a student, salaried employee, woman applicant, or fleet operator, having the right documents ready is the first step toward owning your electric vehicle under this landmark scheme.

With proper documentation, you are not only securing your eligibility but also contributing to a greener, cleaner, and more sustainable Pakistan.