PAVE scheme 2026: the electric bike subsidy, explained
Updated 6 Nov 2026
PAVE is the Prime Minister's scheme to make electric bikes and rickshaws cheaper. If you pay for the bike yourself, you get Rs 80,000 off. If you buy through a bank, you get Rs 50,000 off and pay no markup over up to 2 years. Phase 2 was approved in May 2026 for 76,000 bikes, but registration hasn't opened yet.
Phase 2 status
- Phase 2 approved: May 2026
- Registration: not open yet
- Approved bikes list: not published yet
- Last checked: 21 Oct 2026
What you get
| How you pay | Subsidy | Terms |
|---|---|---|
| Pay yourself (self-finance) | Rs 80,000 off | Pay the rest to the dealer |
| Through a bank | Rs 50,000 off | 0% markup, 20% down payment, up to 2 years |
Who can apply
- Pakistani citizens aged 18 to 65 with a CNIC (AJK, GB and NICOP holders too).
- One subsidy per person. You can't apply if you've already had an EV under a government scheme.
- People waitlisted in Phase 1 are served first.
- Phase 1 coverage also mentioned a driving licence or learner's permit and a clean bank loan record for financed buyers — confirm Phase 2 rules on pave.gov.pk.
How to apply
- Wait for registration to open. Check pave.gov.pk or call the helpline, 1048.
- Register on pave.gov.pk with your CNIC and mobile number. You'll get a code by SMS.
- Choose an approved bike.
- Choose to pay yourself or through a bank.
- Bikes are allotted first come, first served.
Watch out
Apply only on the official site, pave.gov.pk. Look-alike sites with similar names show up in search. Never pay an agent to apply for you. eSawaari doesn't take applications or fees for PAVE: we only explain the scheme and list the approved bikes when the official list is out.
What happened in Phase 1
Most bank applications didn't go through. Banks approved about 4,075 of 44,689 financed applications, about 9%, while 1,334 of 1,339 people who paid themselves got their bikes (TechJuice, 6 May 2026). If you can pay yourself, that route has been far more reliable.
Approved bikes on eSawaari
The Phase 2 list hasn't been published yet. We'll add every approved bike we list, with prices after the subsidy, the day it's out.
Quick check
This is a guide, not an official decision.
FAQ
- Is PAVE registration open?
- Not yet, as of 21 Oct 2026. Phase 2 was approved in May 2026, but no registration date has been announced.
- Can I get an electric scooty under PAVE in Karachi?
- Yes, the scheme is national. You'll pick from the approved bikes and a dealer in your city.
- Which bikes are approved?
- The Phase 2 list isn't out yet. We'll publish it here when it is.
- Is there a fee to apply?
- Use the official figure on pave.gov.pk. A processing fee has been reported in coverage of Phase 1, but we only publish what the official site states.
Sources: EVFinder PAVE page, checked 21 Oct 2026; TechJuice, 6 May 2026; TechJuice, 15 Sep 2025; official site pave.gov.pk.