MG4 EV 2025: Interest-Free Installment Plans Now Available in Pakistan
In an effort to promote electric vehicle (EV) adoption in Pakistan amid rising fuel prices, MG Pakistan, in collaboration with MG Lyallpur, has introduced interest-free installment plans for the MG4 EV in 2025. Available in two powerful variants, these plans are designed for both individual customers and corporate buyers.
MG4 EV Prices and Variants in Pakistan
- MG4 51kW – PKR 9,799,000
- MG4 64kW – PKR 10,990,000
Key Features:
✔ Driving range between 200–281 km
✔ 10.25-inch infotainment screen
✔ MG Pilot driver-assist system (auto emergency braking, lane keep assist)
✔ Fast charging: 10–80% battery in just 35 minutes\
0% Markup Installment Options
MG is offering two interest-free financing plans through MG Capital and select banks.
1-Year Plan (12 Months)
- Down Payment (50%)
- 51kW: PKR 4,899,500
- 64kW: PKR 5,495,000
- Monthly Payments
- 51kW: PKR 408,292
- 64kW: PKR 457,917
- Extra Charges: None
1.5-Year Plan (18 Months)
- Same 50% Down Payment
- Monthly Payments
- 51kW: PKR 279,139
- 64kW: PKR 312,222
- One-Time Extra Charge: PKR 250,000
(applies to both variants)
Corporate clients (Blue Chip companies) can enjoy a reduced 30% down payment option.
Banks & Financing Channels Supporting MG4 Installments
MG Capital (In-House Financing)
MG offers its own 0% markup plan through MG Capital without involving third-party banks.
📞 Contact: 0335-7779991
🌐 Visit: mgcapital.com.pk
Meezan Bank (Car Ijarah)
Offers Shariah-compliant leasing, with adjustable down payments (15–25%) and up to 7-year tenure.
Bank Alfalah
Provides interest-free car financing with a 50% down payment and tenures of 12 or 18 months.
Note: May charge a processing fee of PKR 5,000–10,000.
HBL
Offers tailored interest-free EV financing plans with 12- or 18-month options. Availability and charges may vary by branch.
Who Can Apply & How?
Eligibility:
- Individuals: 50% down payment
- Blue Chip clients: 30% down payment
- Must be 18+, with a valid CNIC and proof of income
Application Steps:
- Visit MG Capital or your preferred bank branch
- Submit CNIC, income proof, and down payment
- Wait 1–2 business days for verification
- Upon approval, sign the agreement and receive your vehicle (subject to availability)
Things to Keep in Mind
- Down Payment Impact: A higher upfront payment means lower monthly costs.
- 18-Month Plan Fee: A one-time charge of PKR 250,000 slightly increases the total.
- Charging Network: Ensure access to charging stations—available in major cities like Karachi, Lahore, and Islamabad.
- Warranty: MG4 comes with 8 years battery warranty and 4 years general coverage.
Why Choose MG4 EV in 2025?
With rising fuel prices, going electric is not only sustainable but also cost-effective. The MG4 EV offers impressive range and features, and these interest-free installment plans make it more accessible than ever. Whether you’re an individual buyer or a business, this EV is a strong investment for the future.
