SBP offers funding without funder
Pakistan’s state bank launched a funding system without funding for the purchase of electric bicycles, rickshaws and loaders as part of the efforts to enhance energy efficiency and green technologies in the car industry. Under the initiativeThe federal government will provide capital subsidies of up to RS50,000 for two vehicles and Rs200,000 for three fort. Banks will extend both conventional and Islamic funding facilities, covered in RS200,000 for electronic bikes and RS880,000 for Rickshaws or loaders. The maximum loan tenor will be two years for bikes and three years for rickshaws or loaders. “The federal government has introduced a” cost
