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Askari Bank Launches 0% Markup Installments for Electric Bikes

Askari Bank has launched a new zero markup installment program for the National EV 70 electric bike. According to the details, the installment plan spans over 12 months and is only available on Askari’s Mastercard credit cards.

National E-Vehicles (Pvt.) Ltd. has six other electric scooter options. Although, the offer is only available on the EV 70, which is an electric bike based on a normal 70cc bike platform.

Details

National EV 70 competes with the likes of Jolta JE 70D. It has a 1000-watt single motor paired with a lithium battery pack.

The claimed range of the bike on eco drive mode is 110 kilometers, while the claimed top speed of the bike is around 60 kilometers per hour. According to details, the battery takes up to six hours to charge fully, with a maximum input capacity of 110v/220v at 50-60 Hz.

The price of the bike is Rs. 196,000, almost Rs, 38,000 more than the Honda CD 70. At this price point, the ability of the National EV 70 to catch up with its petrol-powered competitors is in question.

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  • Good initiative…I think efforts are being made for more fast charging battery packs in motorcycle and cars…Let’s hope to replace petroleum bikes and cars

  • How much monthly instalment and if i have account in askri bani then i can apply for this bike

    • Usman sahib according to my knowledge cc is engine piston cylinder measurement . There will be use of consumption of fuel.
      The Electric bike power not in cc….
      In which use voltage. I think , do you understand.

  • Not every credit card holder get the bike, only those card holders whose card limit is equal or more than the price of bike. Which means you should have salary of more than 1 lac. Just think that one who is getting 1 lac salary why would he not go for a car?

  • How much monthly instalment and if i have account in askri bani then i can apply for this bike

  • Why only Askri credit card holders, this is essential for all banks and other electronic selling points to do this instalment plan for all type of electric bikes . If we all need to change from petrol to electric as our fuel then all above mentioned authorities must take a part. Please do not only address all credit cards holders. All those who are receiving their salaries in the bank accounts must be included. You can take some interest rate upon this.


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