Quick answer: Based on Asaan Ghar's cost comparison, an electric bike costs about Rs. 1 per km to run, while a petrol bike costs about Rs. 5.5 per km. For a rider who covers 1,500 km a month, that is a saving of around Rs. 10,750 a month on energy and maintenance. With Asaan EV Bike Financing, you can get up to 80% of the bike's on-road price financed, Shariah-compliant, with repayment from 6 to 24 months.
Petrol prices keep changing, and for daily riders the fuel bill is one of the biggest monthly costs. Students, office workers, and delivery riders all feel it. This is why more people in Pakistan are now looking at electric bikes.
But the real question is simple: does an electric bike actually save money? Let's look at the numbers.
Electric bike vs petrol bike: cost comparison
The table below uses the figures shared on the Asaan EV Bike Financing page, based on 1,500 km of riding per month.
| Cost | Electric bike | Petrol bike |
|---|---|---|
| Energy cost per km | Rs. 1 | Rs. 5.5 |
| Monthly energy cost (1,500 km) | Rs. 1,500 | Rs. 8,250 |
| Monthly maintenance cost | Rs. 0 | Rs. 4,000 |
| Total monthly cost | Rs. 1,500 | Rs. 12,250 |
How much can you save every month and year?
| Period | Estimated saving |
|---|---|
| Per month | Rs. 10,750 |
| Per year | Rs. 129,000 |
| In 5 years | Rs. 645,000 |
These are estimates. Your real saving depends on how much you ride, electricity rates, and petrol prices.
Other benefits of an electric bike
- Zero tailpipe emissions: Cleaner air in busy cities like Karachi and Hyderabad.
- Less maintenance: No engine oil changes and fewer moving parts.
- Quiet ride: No engine noise in heavy traffic.
- Charge at home: No waiting at petrol pumps.
Meet the ELFA EV-125
Asaan Ghar offers financing for the ELFA EV-125, in partnership with EV Technologies, a Wavetec initiative.
| Specification | Detail |
|---|---|
| Top speed | 80 km/h |
| Range | 100 km |
| Charging time | 2 to 3 hours |
| Motor power | 2000 W |
| Battery | 72V, 32Ah |
| Warranty | 2 years on motor and battery |
| Key features | 3 speed modes, rear disc brake, LED lights, tubeless tires, alloy rims, reverse mode, waterproof digital speedometer |
The bike also works with the E-Bike Companion App. You can check battery and range, lock or unlock the bike, and track its location from your phone.
How Asaan EV Bike Financing helps you switch
| Feature | What you get |
|---|---|
| Financing | Up to 80% of the bike's on-road price |
| Repayment | 6 to 24 months |
| Credit decision | Within 72 hours |
| Delivery | Bike within 12 days |
| Islamic finance | 100% Shariah-compliant, no hidden charges |
| Takaful | Takaful coverage included |
Want to see your monthly installment? Try the EV Finance Calculator.
How to apply: 4 simple steps
- Check your installment with the EV Finance Calculator.
- Fill the form on the EV Bike Financing page with your name, mobile number, income range, city, and CNIC.
- Get a credit decision within 72 hours.
- Get your bike within 12 days.
Want to know more about the process? Read How Shariah-Compliant Bike Financing Works. You can also read EV Bike Insurance in Pakistan: Why It's Important.
Frequently asked questions
Is an electric bike cheaper to run than a petrol bike in Pakistan?
Yes. As per Asaan Ghar's comparison, an electric bike costs about Rs. 1 per km, while a petrol bike costs about Rs. 5.5 per km.
How much can I save with an electric bike?
If you ride 1,500 km a month, you can save around Rs. 10,750 a month on energy and maintenance. Your actual saving depends on your riding and fuel prices.
How far can the ELFA EV-125 go on one charge?
The ELFA EV-125 has a range of 100 km and takes 2 to 3 hours to charge.
Can I buy an electric bike on installments?
Yes. Asaan EV Bike Financing covers up to 80% of the on-road price, with repayment from 6 to 24 months.
Is Asaan EV Bike Financing Shariah-compliant?
Yes. It is 100% Islamic financing with clear terms and no hidden charges.
How fast will I get my bike?
You get a credit decision within 72 hours and the bike within 12 days.
Can women and students apply?
Read our guides for women and students to learn more.
Switch to electric and start saving
Every kilometre on an electric bike costs less. Start your EV journey with Asaan Ghar Finance today.
Apply now or call 0213 4300801-3 to speak with an expert.
