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E-Taxi Scheme 2026 Check Official Repayment Schedule & Loan Duration Details

Punjab E-Taxi Scheme 2026 Overview

The Punjab Government has officially launched the CM Punjab E-Taxi Scheme 2026, a transformative initiative for unemployed youth and skilled drivers across the province. This scheme aims to provide affordable, zero-interest electric taxis, empowering citizens to become self-employed while supporting a green and sustainable Punjab.

E-Taxi Scheme 2026 Check Official Repayment Schedule & Loan Duration Details

Through this program, eligible applicants can own eco-friendly vehicles with government subsidy and flexible installment plans, reducing reliance on petrol-based transport. The initiative not only promotes self-employment but also contributes to environmental protection by encouraging electric mobility and reducing carbon emissions across Punjab.

Punjab E-Taxi Scheme 2026

Punjab E-Taxi Scheme 2026

Zero-interest electric taxis with government subsidy for self-employment

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Scheme Overview

CM Punjab initiative for electric taxi ownership

  • Launched by Punjab Government
  • Zero-interest electric taxis
  • Promotes green transport
🎯

Purpose

Support unemployed youth and drivers

  • Self-employment opportunities
  • Reduce petrol dependency
  • Encourage electric mobility

Eligibility

Who can apply for the scheme

  • Punjab resident (21–50 years)
  • Valid CNIC & driving license
  • 2 years driving experience
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Required Documents

Documents needed for registration

  • CNIC & driving license
  • Proof of residence
  • Bank details & photographs
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Application Process

Simple and fully online procedure

  • Register on official portal
  • Upload documents
  • Wait for approval SMS
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Financing Details

Subsidy and installment plan

  • Rs. 585,000 government subsidy
  • 5-year repayment plan
  • 3-month grace period

Quick Actions / Key Points

  • Zero markup installments
  • Priority for unemployed youth
  • Multiple electric taxi models
  • Track application online
  • SMS & email notifications

You Can Also Read: PM Electric Bike Scheme 2026 Online Registration, Eligibility & Latest Distribution Update

What is the E-Taxi Scheme?

The E-Taxi Scheme 2026 is a government-backed project designed to help unemployed individuals and experienced drivers purchase electric taxis through an interest-free loan and affordable installment plan. 

With a subsidy of Rs. 585,000, the scheme makes vehicle ownership accessible while reducing dependence on fuel-based transport. It promotes financial independence, clean energy, and ride-hailing entrepreneurship across Punjab.

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Eligibility Criteria for Drivers & Applicants

To ensure transparency and fair access, only eligible candidates can apply for the scheme. Applicants must meet the following conditions set by the Punjab Government:

  • Must be a resident of Punjab
  • Age: Between 21 and 50 years
  • Minimum driving experience: 2 years
  • Must hold a valid CNIC & driving license
  • Unemployed youth given top priority
  • Preference for new business starters
  • Must have a clean record and local address

You Can Also Read: BISP 8171 2026Update: New Payment Cycle and Eligibility Re-Verification Starts

Required Documents for Registration

Applicants must keep all required documents ready before starting the online application to ensure quick approval.

  • Valid CNIC 
  • Driving License 
  • Recent passport-size photographs
  • Proof of residence 
  • Bank account details for EMI setup
  • Employment/Unemployment proof 
  • Email & mobile number for updates

You Can Also Read: Mera Ghar Mera Ashiana Loan Scheme Eligibility Criteria and Required Documents

Step-by-Step Registration Process

The application procedure is simple and fully online to maintain transparency and accessibility.

  • Visit the official portal of Punjab E-Taxi Scheme
  • Register using CNIC and mobile number
  • Fill the online form with personal and driving details
  • Upload all required documents
  • Choose your preferred E-Taxi model
  • Review repayment and submit application
  • Wait for approval message/SMS
  • After confirmation, complete down payment and collect your E-Taxi

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Official Loan Duration and Repayment Schedule

The repayment plan is structured to help drivers repay easily while managing earnings. Each applicant receives 60 months (5 years) for repayment with a 3-month grace period before installments begin.

This grace period allows new owners to start earning via ride-hailing apps before payments start, ensuring financial comfort and flexibility.

You Can Also Read: BISP 8171 2026 Payment Status Check And How to Receive

Down Payment & Monthly Installment Details

The financial structure is one of the scheme’s most attractive features.

  • Vehicle Price: Rs. 8,499,000
  • Government Subsidy: Rs. 585,000
  • Down Payment: Rs. 3,364,000
  • Loan Amount: Rs. 4,550,000
  • Tenure: 60 Months (5 Years)
  • Grace Period: 3 Months
  • Monthly Installments:
  • Without Insurance: Rs. 79,825
  • With Insurance: Rs. 92,825

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List of Available E-Taxi Models

The scheme offers high-performance electric taxi models suitable for commercial use, ensuring durability, efficiency, and comfort.

  • Crown E-Taxi Model
  • Jolta E-Cab
  • MG Electric Sedan 
  • EcoRide Compact Taxi
  • Changan EV Taxi
  • Hyundai Kona EV (Future batch)
  • FAW Electric Hatchback (Low-cost option)

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How to Check Application Status Online

Applicants can easily track their progress using the official Punjab E-Taxi portal. Simply enter your CNIC number in the “Application Status” section to view updates.

You’ll receive SMS and email notifications regarding approval, delivery, and installment schedules. Keep your registered mobile number active to avoid missing important alerts.

You Can Also Read: E-Taxi Scheme Registration Closed How To Check Application Status

Conclusion 

The Punjab E-Taxi Scheme 2026 is more than a transport project — it’s a path to empowerment. With zero markup, easy installments, and Rs. 585,000 subsidy, it provides unemployed youth and skilled drivers a chance to own a vehicle and earn independently.

Apply now and become part of Punjab’s green revolution, driving towards a cleaner, self-reliant future

You Can Also Read: PM Electric Bike Scheme 2026 Online Registration, Eligibility & Latest Distribution Update

Frequently Asked Questions 

Who can apply for the E-Taxi Scheme 2026?

Residents of Punjab aged 21–50 with 2 years of driving experience.

Is there any interest on installments?

No, it’s a zero-interest financing plan.

How much subsidy is offered?

The government provides a Rs. 585,000 subsidy per vehicle.

What is the repayment period?

5 years (60 months) with a 3-month grace period.

Can I apply without a driving license?

No, a valid driving license is mandatory.

Which vehicles are available?

Multiple electric taxi models including Crown and Jolta EVs.

When will I start paying installments?

After the 3-month grace period, once earning begins

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