ISLAMABAD: Bank Alfalah has partnered with REVOO to introduce installment plans for electric bikes in Pakistan.

The financing offer allows eligible customers to purchase selected REVOO electric motorcycles through monthly payments.

Customers can choose repayment periods ranging from three to 36 months, depending on their budget and financing preferences.

The partnership includes a six-month installment option advertised with 0% markup.

However, processing fees apply, meaning the financing arrangement is not entirely free of additional charges. Under the offer, electric bike prices start from Rs. 119,000 and reach Rs. 405,000 for selected models.

The most affordable option is the REVOO Y04, which belongs to the company’s Lithium Series.

This electric bike costs Rs. 119,000 and is available through different installment arrangements.

Customers choosing the three-month plan will pay approximately Rs. 39,667 each month, excluding applicable charges.

The six-month plan offers lower monthly payments of approximately Rs. 19,833, making it the advertised entry-level installment option.

Another available model is the REVOO Y06, priced at Rs. 151,000.

Its three-month installment is approximately Rs. 50,333, while the six-month payment is around Rs. 25,167.

The Lithium Series also includes several higher-priced electric motorcycles. These include the A11 LFP at Rs. 205,000 and the A12 LFP at Rs. 239,000.

The C35Y LFP costs Rs. 269,000, while the B12 is available for Rs. 350,000. The C35 GT is among the more expensive Lithium Series options, priced at Rs. 399,000.

Alongside these models, customers can explore REVOO’s Graphene Series. The Graphene A09 is priced at Rs. 145,000, while the A11 costs Rs. 167,000.

The A12 is available for Rs. 180,000, with a rear-box version priced at Rs. 185,000. Other Graphene Series models include the C35Y at Rs. 235,000 and the C35 at Rs. 279,000.

The Graphene E52 is the most expensive listed option, with a price of Rs. 405,000.

The installment scheme offers flexibility through several repayment periods. Customers can select three, six, nine, 12, 18, 24, or 36 months.

However, the 0% markup offer applies only to the three-month and six-month financing plans.

According to the provided schedule, the three-month plan includes a processing fee of 2.5%. The six-month option carries a processing fee of 5%.

Longer repayment plans, including nine to 36 months, list a processing fee of 2.5%.

Additional financing costs and monthly payment amounts depend on the selected repayment schedule. Customers should carefully review the total payable amount before choosing any installment option.

The financing arrangement could make electric motorcycles more accessible to buyers who prefer spreading payments over several months.

Electric bikes are also attracting attention as an alternative to conventional petrol-powered motorcycles.

They operate using rechargeable batteries rather than petrol engines, potentially reducing routine fuel expenses.

However, operating costs depend on electricity prices, battery performance, maintenance, and individual riding habits. The REVOO partnership with Bank Alfalah provides several models across different price ranges.

Buyers can compare available motorcycles based on their financial requirements and preferred repayment duration.

Interested customers can contact the bank through its helpline at 021-111-225-111 for additional information.

They should also confirm eligibility requirements, product availability, processing fees, and final installment amounts before booking.

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The offer remains subject to applicable banking terms and conditions.