How to Buy an Electric Bike on Installments in Multan

Finding an affordable electric bike on installment in Multan used to be a challenge. With rising petrol prices making the daily commute from Shah Rukn-e-Alam to Bosan Road expensive, the switch to electric is no longer a luxury, it’s a necessity.

In this guide, we’ll break down the latest electric bike price in Multan, how the Crown PAVE scheme can save you Rs. 50,000, and the exact steps to get your bike on zero-interest installments.

Current Electric Bike Price in Multan (2026 Update)

The market in Multan has matured significantly. Depending on whether you choose a Lithium Iron Phosphate (LiFePO4) battery or Graphene, prices vary. On average, a quality electric bike ranges from PKR 145,000 to PKR 295,000.

• Entry-Level (70cc equivalent): PKR 145,000 – 170,000
• Mid-Range (Commuter Focus): PKR 180,000 – 230,000
• Premium (High Range/Speed): PKR 250,000+

The Best Way to Get an Electric Bike on Installment in Multan

While many local dealers offer private plans, the most reliable and cost-effective method is through the Pakistan Accelerated Vehicle Electrification (PAVE) Program, in partnership with Crown Electric Mobility.

1. The PAVE Scheme (Zero Interest)

If you are looking for an electric bike on installment in Multan without the burden of heavy markups, the PAVE scheme is your best bet.

• Subsidy: The government provides an upfront Rs. 50,000 discount.
• Markup: 0% interest (completely interest-free).
• Processing Fee: Zero.
• Monthly Installments: Approximately Rs. 2,900 to Rs. 10,000, depending on the model and down payment.

2. Bank Financing (Allied & Meezan Bank)

For those who prefer traditional banking, Allied Bank (Allied Electric Bike Finance) and Meezan Bank (Apni Bike Scheme) offer specialized EV plans in Multan.

• Allied Bank: Offers up to 4 years of tenure with a 30% down payment.
• Meezan Bank: Provides Shariah-compliant "Musawammah" financing with flexible tenures of 1–3 years.

What Multan Riders Need to Know (But Others Don't Tell You)

Most blogs ignore the local realities of "The City of Saints." Here is the ground reality:

Why Battery Type Matters in Multan’s Heat

Multan’s temperatures can soar above 45°C. Standard Lead-Acid or generic Graphene batteries can degrade quickly in this heat.

Pro Tip: Look for Crown’s LiFePO4 batteries. They are thermally stable, meaning they won't overheat or lose capacity during a Multan summer, and they come with a 4-year warranty.

Where is the Crown Dealership in Multan?

Don't just apply online and wait. To speed up your electric bike on installment in Multan application, visit the authorized Crown centers near Vehari Road orChowk Kumharanwala. Seeing the bike in person and getting a "Pay Order" from your local bank branch (like ABL or Meezan) makes the delivery "on-the-spot" rather than waiting for weeks.

Step-by-Step: How to Apply for the Installment Plan

• Check Eligibility: You must be a Pakistani citizen (18–65 years). Special quotas are reserved for women and overseas Pakistanis.
• Register Online: Visit pave.gov.pk and select Crown Electric Mobility as your preferred brand. .
• Documentation: Keep your CNIC, a recent photo, and proof of residence (Multan utility bill) ready.
• Visit Dealer: Once approved, take your pay order to the Crown dealership in Multan to receive your bike immediately.

Why Choose Crown Electric for Multan Commutes?

• Range: Models like the Champion Pro offer up to 100km+ on a single charge.
• Savings: Save up to Rs. 10,000 per month on fuel and oil changes.
• Durability: Built for the rugged roads of the Punjab plains.

FAQs

1. Can I get an electric bike on installment in Multan without a down payment?

A: Most bank plans (like Bank Alfalah’s AlfaMall) require 0% down payment but may require a credit card. The PAVE scheme usually involves a small equity portion but offers the largest subsidy (Rs. 50,000).

2. What is the maintenance cost of an EV bike in Multan?

A: Almost zero. There are no mobile-oil changes, no spark plugs, no tuning, and no filters. Your only major cost is the charging electricity, which is roughly Rs. 1,500/month for average use.