pakistan
How to get electric bike for just Rs2,100
Key takeaways
- The decision was taken during a meeting of the Transport Department chaired by Chief Minister Maryam Nawaz.
- Under the scheme, the provincial government plans to provide 100,000 electric bikes to students across Punjab within a year.
- Students will be required to make a down payment of Rs14,000, followed by interest-free monthly installments of Rs2,100.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize LAHORE: The Punjab government on Tuesday announced a new electric bike (e-bike) scheme under which students will be able to purchase e-bikes through interest-free monthly installments of Rs2,100.
The decision was taken during a meeting of the Transport Department chaired by Chief Minister Maryam Nawaz.
Under the scheme, the provincial government plans to provide 100,000 electric bikes to students across Punjab within a year. The government will offer a subsidy of Rs70,000 on each e-bike, significantly reducing the purchase cost.
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