0% Markup Loan for E-Bikes – Benefits of SBP Cost Sharing Scheme 2025

0% Markup Loan for E-Bikes In 2025, Pakistan has taken a remarkable step towards sustainable transport by launching the SBP Cost Sharing Scheme for Electric Vehicles (EVs). The scheme primarily focuses on providing 0% markup loans for e-bikes, making eco-friendly transport more accessible to students, employees, and small businesses. Rising fuel prices, environmental concerns, and the need for affordable mobility solutions have made e-bikes a practical and much-needed option. With the State Bank of Pakistan (SBP) and the federal government jointly introducing this program, the country is setting a new standard in promoting green technology.

This article explains the benefits of the SBP Cost Sharing Scheme 2025, how the 0% markup loan system works, and why this initiative is a game-changer for Pakistan’s transportation and energy sectors.

Check Also: Required Documents for SBP Electric Vehicle Scheme 2025

1. What is the SBP Cost Sharing Scheme 2025?

The SBP Cost Sharing Scheme 2025 is a government-backed financing program designed to promote the adoption of electric bikes, rickshaws, and loaders. Under this scheme, banks will provide loans at 0% markup, while the government shares the financial burden by offering capital subsidies.

• Scheme Size: Financing for 116,000 e-bikes and 3,170 e-rickshaws/loaders.
• Special Quota: 25% of the e-bikes reserved for female applicants, while a portion is also allocated for delivery riders and fleet operators.
• Loan Tenure: Flexible installment plans ranging from 1 to 3 years.
• Subsidy Amount: Up to PKR 50,000 for e-bikes and PKR 200,000 for rickshaws/loaders.

Check Also: How to Apply for SBP Vehicle Scheme 2025

2. Why 0% Markup Loan is a Game-Changer?

Traditionally, one of the biggest barriers to purchasing vehicles has been the interest cost on loans. By removing markup:

• Borrowers pay only the principal amount.
• Monthly installments become much more affordable.
• Families with limited income can own an e-bike without falling into debt.
• The overall adoption of EVs accelerates, reducing Pakistan’s reliance on imported fuel.

This is especially helpful for students, delivery riders, and employees who previously could not afford down payments or high installments.

Check Also: 0% Markup Loan for E-Bikes – Benefits of SBP Cost Sharing Scheme 2025

3. Benefits of Choosing an E-Bike Under This Scheme?

3.1 Financial Benefits?

• Fuel Savings: E-bikes consume electricity instead of petrol, cutting down travel costs by 70–80%.
• Low Maintenance: Unlike petrol bikes, e-bikes have fewer moving parts, meaning lower repair expenses.
• Government Subsidy: With Rs. 50,000 subsidy plus 0% markup, buyers get unmatched financial relief.

3.2 Environmental Benefits?

• Reduced Carbon Emissions: Each e-bike helps cut down harmful pollutants in cities.
• Noise Reduction: E-bikes are quieter, contributing to a cleaner, calmer environment.
• Green Energy Transition: The scheme supports Pakistan’s goal of reducing dependency on fossil fuels.

3.3 Social Benefits?

• Women Empowerment: With 25% reserved quota, more women can access affordable and safe transport.
• Student Mobility: College and university students get cheaper, eco-friendly rides to campuses.
• Support for Delivery Businesses: E-bikes lower operating costs for riders working in courier and food delivery services.

4. Key Features of the Loan Scheme?

• Interest-Free Financing: No markup charges throughout the tenure.
• Easy Installments: Applicants can repay in monthly installments without financial stress.
• Inclusive Quotas: Females, small business owners, and delivery riders prioritized.
• Capital Subsidy: Rs. 50,000 contribution from the government for each e-bike.
• Bank Participation: All leading banks will process applications under SBP guidelines.

5. How to Apply for the Scheme?

To apply for the 0% markup e-bike loan, applicants need to follow these steps:

1. Check Eligibility: Ensure you meet SBP criteria (Pakistani citizen, valid CNIC, proof of income, etc.).
2. Prepare Documents: CNIC, domicile, income proof, and recent photographs.
3. Visit Bank: Apply through participating commercial banks offering SBP EV loans.
4. Submit Application: Fill in the EV loan form, attach required documents, and apply.
5. Verification & Approval: Bank verifies credentials with NADRA and NSER.
6. Loan Disbursement: Once approved, the bank releases financing, and the e-bike is delivered.

6. Long-Term Impact on Pakistan?

The SBP Cost Sharing Scheme 2025 is not just about cheaper bikes; it represents a strategic shift in Pakistan’s economy and environment:

• Reduced Oil Import Bill: By replacing petrol bikes, Pakistan saves millions in fuel imports.
• Job Creation: Expansion of EV manufacturing and servicing creates new employment opportunities.
• Cleaner Cities: With more e-bikes, cities experience reduced air and noise pollution.
• Energy Efficiency: Encourages households and businesses to adopt green lifestyles.

7. Challenges and Considerations?

While the scheme is highly beneficial, certain challenges may arise:

• Charging Infrastructure: Pakistan still needs widespread EV charging stations.
• Battery Replacement Costs: E-bike batteries may need replacement after a few years, adding cost.
• Awareness Issues: Many citizens are not fully aware of the benefits and application process.

However, with government support and awareness campaigns, these issues can be minimized.

8. Who Should Apply?

This scheme is ideal for:

• Students who need affordable daily commuting.
• Women who want safe and independent transport.
• Delivery riders and small businesses seeking low-cost mobility solutions.
• Salaried individuals with limited budgets looking for long-term savings.

FAQs 0% Markup Loan for E-Bikes?

Conclusion 0% Markup Loan for E-Bikes?

The 0% Markup Loan for E-Bikes under SBP Cost Sharing Scheme 2025 is a landmark initiative for Pakistan. It empowers students, women, and workers by providing affordable, interest-free financing. Not only does it reduce dependence on costly petrol, but it also supports the green economy, lowers pollution, and helps families save money.

By bridging financial gaps and promoting eco-friendly vehicles, this scheme paves the way for a sustainable, cleaner, and economically stronger Pakistan. If you are eligible, applying for this scheme could be one of the smartest financial decisions you make in 2025.