PM Electric Rickshaw Scheme in Punjab Govt Subsidy Easy Loan Program update 2025
PM Electric Rickshaw Scheme
The PM Electric Rickshaw Scheme 2025 is part of the larger PAVE (Pakistan Accelerated Vehicle Electrification) initiative under the New Energy Vehicle Policy 2025–30. The government aims to support lower‑income citizens by offering electric rickshaws (and other EVs) with heavy subsidies and easy financing to generate employment, reduce fuel costs, and promote clean transport.
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PM Electric Rickshaw Scheme Latest Details (2025) — What’s Real & Confirmed
| Feature | Latest Verified Info |
|---|---|
| Application window | 1 September 2025 to 30 September 2025 (last date) |
| Vehicle types supported | Electric rickshaws/loaders (3‑wheelers) in Phase‑1 |
| Number of units planned | In Phase 1: 1,000 electric rickshaws/loaders |
| Subsidy amount (rickshaw) | Up to Rs 290,000 subsidy per electric rickshaw |
| Loan / installment plan | Interest‑free or very low interest financing, installments over 2–3 years |
| Special quotas | Quotas reserved for women, students, delivery riders, low‑income families, etc. |
| Budget allocation | Rs 9 billion has been allotted for the EV subsidy scheme in FY 2025‑26 |
PM Electric Rickshaw Scheme Who Can Apply / Eligibility
To qualify, you must meet these criteria:
- Pakistani citizen with valid CNIC.
- Age limits:
- For three‑wheelers/rickshaws/loaders: typically 21 to 65 years
- (Some sources mention 18+ for certain EVs, but for rickshaw use 21+ is more common)
- Valid driving license (required for three‑wheelers / rickshaws)
- Must not have already received an EV under prior government subsidy schemes.
- Priority given to low‑income families, women, students, jobless youth, delivery riders, etc.
Documents Required
When applying online via the portal, you typically need:
- CNIC (original and copy)
- Recent passport-size photographs
- Proof of residence (utility bill, domicile, etc.)
- Driving license (for rickshaw usage)
- Proof of income / low-income status
- Any supporting documents for special quota (student card, female, etc.)
Make sure documents are clear and valid. Blurry or incorrect uploads may cause rejection.
How to Apply — Step by Step PM Electric Rickshaw Schems
- Visit the official portal pave.gov.pk (or authorized link)
- Register by entering CNIC, contact info, etc.
- Fill in the application form, selecting “electric rickshaw / loader” option.
- Upload required documents (CNIC, photos, license, proof of income, etc.).
- Submit the application before 30 September 2025.
- After submission, you’ll receive an Application ID — keep it for tracking.
- Once the application window closes, the system will verify documents.
- If applications exceed quota, selection is done via computerized draw (ballot).
- If you are selected, you’ll be notified and given instructions for payment (down payment) and collection.
Also Read:Today is the Last Date to Apply for PM Electric Bike Scheme 2025
Benefits & Why Choose Electric Rickshaw
- Low running cost: Electricity costs far less than petrol or CNG.
- Environment friendly: Zero tailpipe emissions reduce air pollution.
- Lower maintenance: Fewer moving parts means less frequent repair.
- Subsidy support: Government discount reduces upfront cost a lot.
- Job creation: You can earn by operating the rickshaw.
- Fair & transparent process: Draw system ensures equal chance.
Key Reminders & Tips
- Apply before the deadline (30 September 2025) — late entries won’t be accepted.
- Use official portal only — do not pay any agent or middleman.
- Upload legible, valid documents (no cropped or blurry scans).
- Keep your mobile number / email active — communications will come via SMS or email.
- Know that selection is not first‑come, but by draw — being prompt doesn’t guarantee selection if quotas exceeded.
- After selection, you’ll likely pay a small down payment, and the rest through installments.
- Maintain your loan payments to avoid default or losing subsidy.
Also Read: Benazir Income Support Programme 8171
