CM Punjab E-Taxi Scheme New Update
Punjab government has finalized the payment structure and subsidy plan for the CM Punjab E-Taxi Scheme 2025, making it easier than ever for drivers and fleet owners to own electric taxis. Under this model, applicants will only pay the principal instalments, while the government covers markup, token tax, and registration fees. On top of that, every buyer will get a subsidy of Rs. 585,000 on the down payment, reducing the financial pressure from day one.
For the pilot phase, Rs. 2 billion has been allocated to introduce 1,100 electric taxis across Punjab. Vehicles priced between Rs. 4 million and Rs. 10 million will be available through partner banks, with loans of up to Rs. 6.5 million. This interest-free financing model ensures that both individual drivers and fleet owners can enter the electric taxi business without worrying about heavy upfront costs.
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Punjab E-Taxi Scheme Payment Structure at a Glance
One of the biggest attractions of the E-Taxi scheme is its interest-free payment system. Unlike traditional vehicle loans, drivers here will only pay the principal amount through monthly instalments, while the government takes care of additional costs.
Here’s a clear breakdown of who pays what:
| Cost Component | Who Pays? | Details |
|---|---|---|
| Down Payment | Buyer + Govt of Punjab | Govt contributes Rs. 585,000 towards down payment |
| Markup (Interest) | Govt of Punjab | 100% waiver, drivers pay zero interest |
| Token Tax | Govt of Punjab | Fully waived |
| Registration Fee | Govt of Punjab | No charges |
This model ensures drivers can start earning from day one without worrying about bank markup, token tax, or registration fees.
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E-Taxi Scheme Subsidy Details & Financing Model 2025
To make the scheme financially strong, the Punjab government has allocated Rs. 2 billion for the pilot phase. Vehicles priced between Rs. 4 million and Rs. 10 million will be offered under this scheme, with banks providing loans of up to Rs. 6.5 million.
Instead of loading applicants with extra costs, the government will cover:
- All markup charges
- Rs. 585,000 subsidy per vehicle
- Token tax and registration fees
This means a driver can own a high-value electric car at a much lower entry cost compared to market rates.
E-Taxi Scheme Eligibility Criteria– Who Can Apply?
To make the program inclusive, the government has set eligibility rules:
- Applicant must be a resident of Punjab.
- A valid CNIC and driving licence (preferably LTV or PSV) are required.
- Unemployed youth and women will be given preference.
- Fleet owners with SECP/NTN registration can apply for bulk allocations (minimum 10 taxis).
Distribution plan for the pilot phase:
- 1,000 taxis for fleet owners
- 100 taxis for individual drivers
- 30 taxis exclusively reserved for women
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Punjab E-Taxi Scheme Application Process
E-Taxi Scheme application process will be fully digital, managed by PITB for transparency:
- Collect documents (CNIC, driving licence, domicile).
- Fleet owners must prepare SECP or NTN registration details.
- Sign up on the PITB online portal once it is launched.
- Choose category: Individual or Fleet Owner.
- Select a repayment plan.
- Submit the application form.
- After eligibility checks, applicants will get an official offer letter and training details.
Vehicle Options & Features
To ensure variety and performance, nine vehicle manufacturers have been shortlisted. The fleet will include:
- Locally assembled sedans and hatchbacks
- Range of 200–300 km per charge
- Initial supply of 1,100 Chinese electric cars
This mix ensures drivers get reliable, efficient vehicles that suit different passenger needs.
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Charging Stations & Maintenance Support
For a smooth rollout, 18 charging stations have already been installed in Lahore, with more planned across Punjab. To reduce electricity dependency, solar-powered charging stations will also be introduced.
Additionally, service centres supported by manufacturers will provide regular maintenance and quick repairs, ensuring minimal downtime for drivers.
Key Benefits of the Subsidy & Payment Model
The CM Punjab E-Taxi Scheme 2025 offers multiple benefits:
- Financial Relief: Interest-free instalments + government subsidy.
- Women Empowerment: 30 taxis reserved for women drivers.
- Environmental Protection: Reduced emissions, less reliance on fuel imports.
- Employment Creation: Jobs for drivers, mechanics, and charging station staff.
- Reliable Support: Charging network + service centres.
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Timeline & Important Dates
- Official Launch: August 2025
- Pilot Fleet: 1,100 electric taxis in Lahore and other cities
- Portal Live: Expected before or alongside launch date
Conclusion
CM Punjab E-Taxi Scheme 2025 is more than just a car financing project; it’s a transformative step for Pakistan’s transport sector. With Rs. 2 billion allocated, a Rs. 585,000 subsidy per vehicle, and complete waiver of markup, token tax, and registration fees, the scheme makes electric taxis truly affordable.
Whether you’re a fleet owner planning bulk operations or an individual driver seeking a sustainable income, this program offers a once-in-a-lifetime opportunity. Applicants are advised to prepare documents now and apply as soon as the PITB portal goes live.
By blending affordability, inclusivity, and sustainability, Punjab is not only supporting its citizens but also leading the way towards a cleaner, greener future.
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