By In a world where sustainability is no longer a choice but a necessity, Allied Bank has introduced an innovative and eco-conscious solution—Allied Electric Bike Finance. Designed to support green mobility while making it financially accessible, this program offers individuals a smart, cost-effective, and environmentally friendly way to commute in Pakistan’s growing urban landscape.
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Go Green with Every Ride
The Allied Electric Bike Finance plan aims to promote electric-powered transportation, helping reduce dependence on fossil fuels while also slashing fuel costs. Whether you’re an eco-conscious professional, a student seeking a modern commute option, or simply looking for a cleaner, more sustainable lifestyle, this financing solution has you covered.
Key Features & Benefits
Allied Bank’s electric bike financing comes with several attractive features:
- Lowest conceivable mark-up rate for eco-friendly mobility
- Loan tenure flexibility ranging from 1 to 4 years
- Financing amount up to Rs. 400,000
- Minimum 30% personal equity
- No hidden charges – full transparency from start to finish
This initiative ensures that cost is no longer a barrier to owning an electric bike while encouraging environmentally responsible choices.
Who Can Apply?
To qualify for Allied Electric Bike Finance, applicants must meet the following criteria:
General Eligibility
- Pakistani national
- Minimum age: 21 years
- Minimum banking relationship: 6 months with Allied Bank or 1 year with any other bank
For Salaried Individuals
- Maximum age: 59 years
- Permanent or direct contract employee
- Minimum net monthly salary: Rs. 35,000
- Salary deposited in the same account for the last 6 months
For Self-Employed Individuals
- Maximum age: 64 years
- In business for at least 1 year
- Minimum net monthly income: Rs. 50,000
Why Choose Electric?
Electric bikes are not only fuel-efficient but also low-maintenance, quiet, and ideal for navigating city traffic. With rising fuel prices and increasing awareness of climate change, making the switch to electric vehicles is both a smart financial move and a responsible environmental decision.
How to Apply
To learn more or apply for Allied Electric Bike Finance, visit your nearest Allied Bank branch or contact their customer helpline at 042-111-225-225. You can also explore further details, including required documentation and application procedures, through the official Allied Bank website.
