SBP Unveils Zero-Markup Financing Scheme for Electric Bikes and Rickshaws to Drive Green Mobility

The State Bank of Pakistan (SBP) has introduced a new zero-markup financing scheme to promote electric bikes and rickshaws nationwide, aiming to reduce fuel dependency and accelerate Pakistan’s shift toward eco-friendly transportation. The initiative targets over 116,000 e-bikes and 3,000 e-rickshaws in 2025–26, with inclusive financing terms and full markup subsidy by the federal government.