Automotive

Askari Bank Launches Installment Plan for National Electric Bike

Askari Bank has announced an easy installment plan for National EV 70 Electric Bike with 0% Mark-up (interest-free) that can be availed by the bank’s MasterCard Credit Card holders.

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Askari Bank Launches Installment Plan for National Electric Bike

According to Askari Bank, you can avail National EV 70 Electric Bike on any easy installment plan for up to 12 months at 0% Mark-up.

While National E-Vehicles (Pvt.) Ltd. has other electric bikes under its wing, the installment plan is only valid for the National EV-70, which is the base variant and equivalent to a 70cc motorcycle in terms of design.

For more details regarding the installment plan, you can visit Askari Bank’s website or call on their 24/7 helpline at 111-000-787.

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Image: Askari Bank Twitter/X Account

About National EV 70 Electric Bike

The National EV 70 comes with a 1000-Watt electric motor with a lithium battery that can provide a mileage of 110 kilometers on eco-mode with a top-speed of 60 kilometers per hours (km/h).

Here are some selling points for the National EV 70 as provided by the company:

  • Environment Friendly
  • Runs on Lithium Battery
  • Maintenance Free
  • Runs on Battery Pack per 50,000 KM With Total Cost of Rs. 16,000
  • Distance Covered in One Charge (110KM)
  • Savings on Running Cost
  • Reverse Gear for Parking
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Image: National E-Vehicles Facebook Page

The price of the National EV 70 Electric Bike in Pakistan is Rs. 196,000, which is more expensive than the Honda CD 70. This will make it hard for the company to attract customers as there are other petrol-based options available for much less.

Read more: Yamaha Announces Exchange Offer For Old Bikes With Installment Plan.

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Ali Gulrez

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