EVEE Scooters Now on Zero Markup Installment Plan
EV buyers now have a more accessible way to own an EVEE scooter. In a move aimed at reducing the upfront cost barrier, EVEE has partnered with Bank Alfalah’s Smart Buy Scheme (SBS) to offer zero markup installment plans for all its scooter models.
But what exactly does “zero markup” mean, and is it truly interest-free?
What the Zero Markup Plan Really Offers
This is not a discount or interest-free financing in the absolute sense. Instead, the total cost is broken into equal monthly installments, with no compounding interest. However, a one-time fixed bank charge is added based on the tenure selected.
In simple terms:
- Scooter price remains the same
- Add a small, fixed bank fee (no monthly interest)
- Total paid = Listed price + tenure-based bank charge
EVEE SBS Instalment Plan – Short-Term Options (3, 6, 9 Months)
| Model | Price (PKR) | 3 Mo. (2.5% fee) |
6 Mo. (8.0% fee) |
9 Mo. 2.5% fee) |
| EVEE Flipper | 95,000 | 31,667 | 15,833 | 12,408 |
| EVEE MITO+ | 135,000 | 45,000 | 22,500 | 17,633 |
| EVEE NISA | 155,000 | 51,667 | 25,833 | 20,245 |
| EVEE SQUBe | 235,000 | 78,333 | 39,167 | 30,694 |
| EVEE S1 Pro | 272,000 | 90,667 | 45,333 | 35,527 |
| EVEE Gen-Z | 215,000 | 71,667 | 35,833 | 28,082 |
| EVEE Gen-Z Pro | 239,000 | 79,667 | 39,833 | 31,217 |
| EVEE S1 Air | 315,000 | 105,000 | 52,500 | 41,143 |
EVEE SBS Instalment Plan – Long-Term Options (12, 18, 24, 36 Months)
| Model | 12 Mo. (2.5% fee) |
18 Mo. (2.5% fee) |
24 Mo. (2.5% fee) |
36 Mo. (2.5% fee) |
| EVEE Flipper | 9,770 | 7,136 | 5,821 | 4,512 |
| EVEE MITO+ | 13,884 | 10,140 | 8,272 | 6,412 |
| EVEE NISA | 15,941 | 11,642 | 9,497 | 7,362 |
| EVEE SQUBe | 24,169 | 17,651 | 14,399 | 11,162 |
| EVEE S1 Pro | 27,974 | 20,430 | 16,667 | 12,920 |
| EVEE Gen-Z | 22,112 | 16,149 | 13,174 | 10,212 |
| EVEE Gen-Z Pro | 24,580 | 17,952 | 14,645 | 11,352 |
| EVEE S1 Air | 32,396 | 23,660 | 19,301 | 14,962 |
Who Can Avail This Offer?
This plan is exclusively available to Bank Alfalah credit card holders. Here’s what you need:
- An eligible Bank Alfalah credit card
- Enough available credit limit to cover scooter price
- Approval through the bank’s SBS process
Note: This is not a general cash installment plan. Card approval is mandatory
Conclusion
The EVEE-Bank Alfalah zero markup plan is a convenient financing option for buyers who want to avoid paying the full cost upfront without falling into high-interest traps. With flexible tenure options ranging from 3 to 36 months, and a fixed one-time fee structure, the plan offers predictable payments and early access to the vehicle.
However, since this facility is limited to Bank Alfalah credit card holders, it’s essential to review your credit limit, repayment capacity, and preferred tenure before opting in. For eligible buyers looking to enter the EV market with a manageable monthly cost, this plan can be a smart, structured path to ownership.
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