KalPay Installment Company offered the sale of electric bikes on six easy installments with a down payment of Rs 74000, with a total price of Rs 185000, which is easily affordable for low-income consumers.

The bike is manufactured by EveGenz Chinese electric bike company, which offers easy bike schemes to Pakistani dealers to reach the low-income consumers. The company has provided its detailed address, which can be accessed through the following:

https://rasayi.kalpayfinancials.com/products/evee-genz?variant=54458134233161

Rs 185,000.0 cash price

Months Down Payment Monthly Installment
6 74,000 21,997

It should be mentioned here that earlier this year, Faysal Bank partnered with Revoo Electric and also launched a new electric bike financing scheme. This initiative allows customers to purchase the Revoo C32 Young and Revoo A12 models with monthly instalments starting at just Rs. 7,146, and with 0% profit for the first three months, making eco-friendly commuting more affordable than ever.

As fuel prices continue to rise, electric bikes are emerging as a practical and sustainable solution for daily commuters. This initiative by Faysal Bank aligns with Pakistan’s broader efforts toward clean energy and sustainable transport, reflecting similar actions such as Sindh’s recent approval of 500 new electric buses for major cities. Customers will also receive a free helmet with every purchase, which is a small yet meaningful step toward ensuring safer rides.

Read also: Pakistan’s electric car fleet surpasses 76,000 as country eyes 30% EV sales by 2030

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