OKLA E-Bike Installment Plan By BOP Credit Card
OKLA E-Bike Installment Plan By BOP Credit Card: The demand for electric bikes in Pakistan is growing rapidly because of rising fuel prices, traffic congestion, and the need for affordable commuting. Many families and young professionals want a reliable transport option that saves money on fuel and maintenance. To make electric bikes accessible, the Bank of Punjab (BOP) has introduced a special installment plan for the OKLA E-Bike series. This initiative allows customers to purchase their desired e-bike at 0% markup by using their BOP credit card.
The scheme mainly covers two advanced electric bike models, the OKLA OKT-Graphene and the OKLA OMO-Graphene, both equipped with long battery life and modern design. With flexible monthly installments ranging from short to long terms, this plan reduces the financial burden on customers while encouraging the use of environmentally friendly vehicles. In this article, we will cover all details about pricing, installment breakdown, eligibility, registration, and the benefits of this initiative in Pakistan.
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Overview of the OKLA E-Bike Scheme
The OKLA E-Bike scheme in collaboration with BOP is designed to make electric bikes available at affordable monthly payments. Instead of paying the full price at once, buyers can spread the cost over different installment plans without paying any markup. This option allows both students and professionals to access modern transport facilities without relying on expensive petrol bikes.
Under this plan, customers can purchase the OKLA OKT-Graphene at a price of PKR 239,000 and the OKLA OMO-Graphene at PKR 339,000. Both models can be obtained on 3, 6, or 12 months of 0% markup installments. Longer plans such as 24, 36, 48, and 60 months are also available with small monthly payments, making it easier for every income group to afford an electric bike.
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Models and Pricing Information
There are two main models offered in this installment scheme. The Complete detail is given below. By choosing either of these two models, customers can enjoy the advantage of owning an electric vehicle without paying the full price upfront. This makes the scheme ideal for students, employees, and small business owners who want modern transport without additional financial stress.
OKLA E-Bike Installment Plan
| Plan / Duration | OKLA OKT-Graphene | OKLA OMO-Graphene |
|---|---|---|
| Price (PKR) | 239,000 | 339,000 |
| 3 Months (0%) | 79,667 | 113,000 |
| 6 Months (0%) | 39,833 | 56,500 |
| 12 Months (0%) | 19,917 | 28,250 |
| 24 Months | 14,738 | 20,904 |
| 36 Months | 10,855 | 15,393 |
| 48 Months | 9,101 | 12,912 |
| 60 Months | 8,763 | 12,429 |
The OKT model is a relatively affordable option with stylish looks and battery efficiency suitable for daily use. The OMO model, on the other hand, comes with enhanced features, longer range, and advanced performance, making it a premium choice for buyers. Both bikes fall under the category of eco-friendly transport with zero fuel consumption and low maintenance.
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Eligibility Criteria For Bike Installment
Before applying for this scheme, customers must ensure that they meet the basic eligibility requirements. Only those who fulfill these conditions can successfully register for the installment plan.
- The applicant must be a Pakistani citizen.
- A valid BOP credit card is required for availing the installment facility.
- The age of the applicant should fall within the bank’s approved limits.
- The applicant must have a regular income or business proof.
- The credit record should be clean without any defaults.
Meeting these conditions is essential because the bank needs to verify that the buyer is financially capable of completing the installment payments. Once these requirements are fulfilled, the application process becomes smoother and quicker.
Required Documents For Application
To proceed with the installment application, certain documents must be provided to the Bank of Punjab. These documents help in verifying identity, income, and financial responsibility of the customer.
- Copy of CNIC
- Latest passport-sized photographs
- BOP Credit Card
- Proof of income such as salary slip or business documents
- Recent utility bill for address verification
These documents ensure that the bank can safely approve the installment plan. Submitting complete and correct paperwork avoids unnecessary delays and increases the chances of quick approval.
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Registration Process For Bike
Once the applicant is eligible and has all documents ready, the registration process can be started. The procedure is simple and guided by the Bank of Punjab’s installment policy.
- Visit the nearest Bank of Punjab branch or contact their customer support.
- Provide all required documents along with a filled application form.
- Select your desired OKLA E-Bike model and installment plan.
- Wait for the bank’s verification and approval.
- Upon approval, finalize the agreement and receive delivery details.
This step-by-step process ensures transparency and clarity for both the customer and the bank. After approval, the bike can be collected or delivered as per the agreed schedule.
Check and Verification Process
Applicants may want to check their eligibility or track the status of their application after submission. The Bank of Punjab has made this process easy through its official channels.
- Call BOP Phone Banking at 111-267-200 for assistance.
- Send an inquiry email to [email protected].
- Visit the official BOP website for installment-related updates.
- Visit the nearest BOP branch for in-person verification.
By using these methods, customers can easily stay updated about their application and ensure that they meet all requirements before final approval. This also helps in resolving any issues quickly if additional documents are requested by the bank.
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Benefits of Choosing the OKLA E-Bike
The OKLA E-Bike scheme offers multiple benefits for customers. It is designed to make electric bikes more accessible and affordable while also contributing to environmental sustainability. Below are the key benefits explained in bullet points.
- Affordability through installment plan: People with limited income can buy a modern e-bike without facing financial pressure.
- Huge savings on fuel: With petrol prices rising, switching to an electric bike means significant monthly savings.
- Eco-friendly choice: These bikes reduce air pollution and promote a cleaner environment.
- Low maintenance cost: Electric bikes are easier and cheaper to maintain compared to petrol bikes.
- Perfect for urban commuting: They are cost-effective, modern, and highly suitable for daily city travel.
- Contribution to sustainability: By choosing this plan, customers support a greener and sustainable future.
By highlighting these advantages, it becomes clear why the OKLA E-Bike scheme is a smart choice for individuals looking for both financial relief and eco-friendly transport.
Environmental Impact of Electric Bikes
The introduction of electric bikes is a significant step towards reducing Pakistan’s carbon emissions. Traditional petrol bikes release harmful gases that damage air quality. On the other hand, e-bikes run on electricity and produce zero emissions, making them an eco-friendly alternative.
By promoting schemes like this, the government and financial institutions are indirectly supporting green energy initiatives. Wider adoption of e-bikes can play an important role in controlling pollution levels in urban areas and creating a healthier environment for future generations.
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Conclusion
The OKLA E-Bike installment plan launched in partnership with the Bank of Punjab is a game-changer for Pakistan’s transport sector. By offering flexible short-term and long-term installments at 0% markup, this scheme ensures that more people can shift towards affordable and eco-friendly electric vehicles.
With easy eligibility requirements, simple registration, and clear installment breakdown, the plan is designed to benefit students, professionals, and families alike. For anyone looking to reduce fuel expenses and adopt a sustainable mode of transport, the OKLA E-Bike installment scheme is an excellent opportunity in 2025.
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FAQs
What is the OKLA E-Bike installment scheme by BOP?
It is a 0% markup installment plan by the Bank of Punjab that allows customers to buy OKLA electric bikes on easy monthly payments.
Which models are available under this scheme?
The scheme covers the OKLA OKT-Graphene and OKLA OMO-Graphene electric bikes.
What is the price of the two OKLA E-Bike models?
The OKT-Graphene costs PKR 239,000 while the OMO-Graphene costs PKR 339,000.
What documents are required for registration?
Applicants need CNIC, photographs, BOP credit card, proof of income, and a recent utility bill.
What are the main benefits of choosing this scheme?
It offers affordability, fuel savings, eco-friendly commuting, and low maintenance costs.
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