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EV Subsidies in India 2026
22 states · 70 active subsidy schemes · Updated Oct 2026
Up to ₹6 Lakh
Highest state subsidy (Karnataka)
₹10,000
FAME II scooter subsidy
100%
Road tax waiver in 15+ states
28 states
EV policies in place
ℹ️
About EV Subsidies in India
The central government offers purchase subsidies under FAME II / PM E-DRIVE on registered EV models. State governments provide additional subsidies, road tax waivers and registration fee exemptions on top of this. Benefits shown are indicative — always verify with your state RTO or authorised EV dealer before purchase.
The central government offers purchase subsidies under FAME II / PM E-DRIVE on registered EV models. State governments provide additional subsidies, road tax waivers and registration fee exemptions on top of this. Benefits shown are indicative — always verify with your state RTO or authorised EV dealer before purchase.
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10 subsidy schemes · 9 states
❓ Frequently Asked Questions
Yes — the PM E-DRIVE scheme (successor to FAME II) continues to provide purchase subsidies on eligible FAME-registered electric vehicles. The subsidy amount varies by vehicle category. Check with your dealer whether the specific model you want is FAME-registered.
Yes — in most cases you can claim both the central (FAME II/PM E-DRIVE) subsidy and your state government subsidy simultaneously. The FAME subsidy is passed through the manufacturer, while state subsidies are processed separately. Combined, buyers in states like Delhi or Karnataka can save ₹1.5–6 Lakh.
No — road tax and registration fee waivers are applied automatically at the RTO when you register your electric vehicle. There is no separate application needed. The RTO processes these waivers based on the vehicle type during registration.
FAME subsidy is typically applied at source (by the manufacturer/dealer) at the time of purchase — you pay the reduced price directly. State purchase subsidies take 30-90 days after registration, credited to your Aadhar-linked bank account. Road tax and registration waivers are instant.
Yes — most state subsidies have a vehicle price cap. For example, Delhi limits the subsidy to cars priced under ₹15 Lakh, while Maharashtra covers vehicles up to ₹30 Lakh. FAME II does not have a price cap on eligible models. Always check the specific conditions for your state.
Disclaimer: Subsidy information is sourced from publicly available government data
and is provided for guidance only. Subsidy amounts, eligibility conditions, validity dates and quotas
are subject to change without notice. Always verify current subsidy details with your state RTO,
official government websites or your authorised EV dealer before making a purchase decision.
CompareEV is not responsible for any discrepancies in subsidy information.