With petrol prices on the rise in Pakistan, electric bike are quickly becoming a preferred choice for daily commuters. However, the high upfront cost has remained a major hurdle for many buyers.
To tackle this issue, Bank Alfalah has introduced a new initiative in collaboration with YADEA, offering electric scooters on a Step-By-Step (SBS) easy instalment plan with 0% markup for up to six months.
Under this scheme, customers can now own an electric scooter through affordable monthly instalments. The plan also provides flexible tenure options, allowing buyers to choose longer repayment periods with smaller monthly payments.
This move is expected to ease the financial burden on consumers while encouraging a shift towards eco-friendly transportation, promoting cleaner and more sustainable mobility across the country.
Installment Plans Overview
Prices and monthly instalments vary depending on the model and tenure selected:
- YADEA M3 (600W) – Rs169,000
- YADEA RUIBIN (800W) – Rs205,000
- YADEA T5 (1200W) – Rs248,500
- YADEA EPOC H (2000W) – Rs350,000
Customers can opt for instalment plans ranging from 3 to 36 months.
Processing Fees
- 3 months (0% markup): 5%
- 6 months (0% markup): 8%
- 9 to 36 months: 2.5%
Important Details
The 0% markup offer is only valid for 3- and 6-month plans. This SBS promotion is available for a limited time, and scooter delivery depends on stock availability.
Get fuel discounts on these cards after hike in petrol prices
On the other hand, consumers can reduce their fuel expenses by using various petrol discount cards and digital payment options offering cashback and rewards.
To benefit from petrol price discounts, motorists can use dedicated fuel loyalty cards such as GO Cards, which provide reward points, cashless transactions, and savings at over 150 fuel stations nationwide.
Several banks are also offering fuel discount card options, including the HBL FuelSaver Credit Card, which provides up to 5% cashback on fuel purchases, and Standard Chartered’s Xtra Mile account, designed specifically for petrol savings.
Also read: Petrol price hike: Goods transporters announce 60% fare increase
