Punjab Green Taxi Monthly Installment Plan
Punjab has officially launched one of the most advanced green mobility initiatives in Pakistan: the Electric Taxi Pilot Project of 1,100 Electric Taxis. The innovative project aims to revolutionize the transport system by replacing fuel-based taxis in the marketplace with electric vehicles that are greener and environmentally friendly.
The government is providing interest-free financing, equity support, and smart monitoring, to make it easier than ever for drivers and fleet owners to enter the EV space.
Introduction to Punjab’s Revolutionary E-Taxi Program
The goal of the Electric Taxi Program is simple:
- Reduce pollution
- Promote clean mobility
- Support drivers financially
- Encourage women to enter the transport sector
- Build a long-term electric vehicle ecosystem
With 3.5 billion rupees in subsidies, Punjab is fully committed to clean and smart mobility.
Important NADRA Document Submission Guidelines: Bring Original Documents and NADRA-Issued Papers
Government Vision Behind the 1,100 Electric Taxi Distribution
The project aims to:
- Provide thousands of jobs
- Reduce urban smog
- Encourage EV adoption
- Support ride-hailing companies with electric fleets
- Build an EV charging network across Lahore
The government is not simply distributing cars, it is building a complete EV ecosystem.
Complete Allocation for Fleet Owners
Fleet Owners Get:
- 700 E-Taxis
- Minimum 10 taxis per applicant
- Registration with TNCs (Careem, Uber, BYKEA)
Financial Benefits:
- 5-year interest-free installments
- 30% equity from applicant
- Government adds additional equity:
- 40% (10–50 taxis)
- 30% (more than 50 taxis.
Allocation for Individual Applicants
Individuals Get 400 Electric Taxis
- 300 for males
- 100 for females
Government Supports Individuals By:
- 30% equity from applicant
- Government contributes:
- 50% for males
- 60% for females
This makes EV ownership highly accessible.
Key Features of the Electric Taxi Program
- 5-year interest-free installments
- Vehicle cost financing limit: PKR 6,500,000
- Panic button + tracker installed
- Government-approved branding
- Battery & motor warranty: 6 years or 300,000 km
Government Incentives & Financial Benefits
- Free vehicle registration
- Smart tracking and monitoring
- EV charging stations across Lahore
- Zero markup on financing
- Digital fleet management
Easy-to-Understand Payment Structure (Male Applicant – R500S Model)
This example explains how one male driver can buy an R500S electric taxi.
Vehicle Price
PKR 8,499,000
Equity Contribution
| Type | Amount |
| Applicant Equity (30%) | 3,364,000 |
| Government Equity (50%) | 585,000 |
| Total Equity | 3,949,000 |
Lease Key Money / Security Deposit
(= Applicant Equity + Govt Equity)
1,950,000 PKR
Finance / Lease Amount
4,550,000 PKR
Markup / Interest
0% (Completely Interest-Free)
Insurance Charges
- Rate: 2%
- Total: 212,475
Tenure
57 months (approx. 5 years)
Monthly Installments
| Type | Amount |
| EMI (without insurance) | 79,825 PKR |
| EMI (with insurance) | 92,825 PKR |
Grace period: 3 months (no installments)
Step-by-Step Monthly Installment Breakdown
First 3 months:
No payment – Grace period
Month 4 onward:
You pay:
- 79,825 PKR (principal)
- + insurance (varies month to month)
Insurance decreases over time because outstanding balance reduces.
Simplified Sample Installment Table (First 12 Months)
| Month | Principal | Insurance | Total Monthly Payment | Remaining Loan |
| 1–3 | 0 | 0 | 0 | 8,499,000 |
| 4 | 79,825 | 16,998 | 96,823 | 8,419,175 |
| 5 | 79,825 | 16,998 | 96,823 | 8,339,351 |
| 6 | 79,825 | 16,998 | 96,823 | 8,259,526 |
| 7 | 79,825 | 16,998 | 96,823 | 8,179,702 |
| 8 | 79,825 | 16,998 | 96,823 | 8,099,877 |
| 9 | 79,825 | 16,998 | 96,823 | 8,020,053 |
| 10 | 79,825 | 16,998 | 96,823 | 7,940,228 |
| 11 | 79,825 | 16,998 | 96,823 | 7,860,404 |
| 12 | 79,825 | 16,998 | 96,823 | 7,780,579 |
(The remaining months follow the same pattern until the loan becomes zero.)
FINAL SUMMARY OF Punjab Green Taxi Monthly Installment Plan
- Total financed amount: 4,550,000
- Total paid over 57 months: 5,070,139
- Insurance total: 520,139
- Interest paid: Zero
- Government subsidy: 585,000
- Grace period: 3 months
- Monthly installment: 79,825–92,825
This structure is extremely affordable for ride-hailing drivers.
Smart Safety, Tracking & Monitoring System
- Real-time GPS tracking
- Panic alert button
- Live monitoring by government
- Engine lock feature
- Digital dashboard for fleet management
EV Charging Infrastructure Across Lahore
Charging stations are being set up at:
- Liberty
- DHA
- Mall Road
- Thokar
- Motorway Link Roads
- Major commercial areas
Registration Process – Step-by-Step Guide
- Visit: https://e-taxi.punjab.gov.pk/register
- Choose Applicant Type (Individual / Fleet Owner)
- Create Account + Upload Documents
- Select Vehicle Model
- Submit Application
- Wait for Verification
- Submit Equity + Sign Agreement + Receive Vehicle
Statistics: Total Registrations & Applications
| Category | Number |
| Total Registrations | 66,010 |
| Total Applications | 22,882 |
| Fleet Owner Applications | 154 |
| Individual Applications | 22,728 |
Eligibility Criteria & General Requirements
- CNIC holder
- Valid TNC registration
- Must provide equity contribution
- Age must meet bank financing rules (commonly 21–60 years)
- Must pass verification checks
Frequently Asked Questions
What is the purpose of the e-Taxi scheme?
To promote eco-friendly transportation, support drivers, and reduce pollution.
What type of loan is provided?
5-year interest-free vehicle loan.
Who can apply?
Fleet owners and individuals registered with a TNC.
How many vehicles can an individual get?
Only 1 electric taxi.
How much equity does the government pay?
- 50% for male individuals
- 60% for female individuals
- 40% or 30% for fleet owners (depending on fleet size)
What is the maximum vehicle price allowed?
PKR 6,500,000 through financing.
Where can I get more information?
https://e-taxi.punjab.gov.pk