Islamabad: In a move to encourage environmentally conscious commuting, Mobilink Bank has introduced a new loan product specifically for electric bikes (E-bikes), in collaboration with PakZon Electric Motors (Pvt) Ltd., aiming to make sustainable transportation more accessible.

According to Mobilink Bank, this innovative financing initiative offers exclusive benefits, including a 6% discount on E-bikes purchased at PakZon dealerships, complimentary checkups, and extended battery warranties. This program is designed to reduce barriers to E-bike ownership and promote a shift towards greener mobility solutions.

The launch event, held in Islamabad, included the signing of a Memorandum of Understanding between Mobilink Bank and PakZon Electric Motors, marking a significant commitment to environmental sustainability and green finance. The partnership is expected to foster a substantial increase in E-bike usage, contributing to decreased urban pollution and carbon emissions.

Mobilink Bank’s broader environmental strategy includes investing PKR 2.5 billion in renewable energy projects and the solarization of its branches, underscoring its dedication to corporate environmental responsibility.