ISLAMABAD (Kashmir English): Bank Alfalah announced a new financing facility that offers electric bikes through easy monthly installments with 0% markup, ranging from 3 months to 36 months.
“Go electric, save smart! Get your MYEV on easy instalments today!,” Bank Alfalah wrote in a post on social media.
As per details, MYEV electric bikes variants, including the EV Pro Graphene, EVA Ride Graphene, Speed Graphene, Rain Lithium, and Eagle Graphene models, can be bought with initial prices starting from as low as Rs. 269,999.
The installment period offered for the electric vehicles ranges from 3 to 36 months with no added complexity for those looking for convenient financing.
By facilitating the purchasing process for buyers, Bank Alfalah will increase the availability of EVs to many Pakistanis.
Customers can check out the Facebook post (here) from Bank Alfalah to know more details about this program.
MYEV e-bikes installment plan
| MYEV Model | Vehicle Price | 3 Months | 6 Months | 9 Months | 12 Months | 18 Months | 24 Months | 36 Months |
|---|---|---|---|---|---|---|---|---|
| EV Pro Graphene (2000W, 72V26AH) | Rs. 269,999 | Rs. 90,000 | Rs. 45,000 | Rs. 35,266 | Rs. 27,768 | Rs. 20,280 | Rs. 16,544 | Rs. 12,825 |
| EV Ride Graphene (2000W, 72V28AH) | Rs. 249,999 | Rs. 83,333 | Rs. 41,667 | Rs. 32,653 | Rs. 25,711 | Rs. 18,778 | Rs. 15,318 | Rs. 11,875 |
| Speed Graphene (3000W, 72V38AH) | Rs. 349,999 | Rs. 116,666 | Rs. 58,333 | Rs. 45,715 | Rs. 35,996 | Rs. 26,289 | Rs. 21,446 | Rs. 16,625 |
| Rain Lithium (1000W, 60V23AH) | Rs. 215,999 | Rs. 72,000 | Rs. 36,000 | Rs. 28,213 | Rs. 22,215 | Rs. 16,234 | Rs. 13,235 | Rs. 10,260 |
| Eagle Graphene (3000W, 72V38AH) | Rs. 395,999 | Rs. 132,000 | Rs. 66,000 | Rs. 51,723 | Rs. 40,727 | Rs. 29,744 | Rs. 24,265 | Rs. 18,810 |
Metro e-bike
Metro E-Vehicles has introduced its innovative ‘Step-Thru Electric Bike’ on Friday, providing a smart and green alternative for commuting on Pakistani streets.
The pedal-assisted e-bike comes equipped with a lightweight aluminum-alloy frame, front shock absorber, front and rear disc brakes for efficient stopping, and sturdy 27.5-inch front and rear tires for better stability.
The Metro Step-Thru Electric Bike is powered by a 350W rear-hub motor coupled with a removable 36V 10.4Ah lithium-ion battery. Furthermore, a multi-gear transmission system ensures efficient travel across various terrains.
“With our new Step-Thru Electric Bike, we aim to foster sustainable mobility solutions in Pakistan by harmonizing traditional cycling with electric pedal assistance. We believe that the combination of eco-friendliness, affordability, and convenience will greatly appeal to urban commuters,” said a Metro E-Vehicles spokesperson.
