Central FAME-II
The Government of India offers Rs. 10,000/kWh up to Rs. 1,50,000 on BEVs under the FAME-II scheme (extended to 2026). This applies nationwide regardless of your state.
EV Subsidy Calculator
How much can you save on your EV?
Select your EV and state to see the full subsidy breakdown — central FAME-II incentive, state-level subsidy, road-tax waiver, registration exemption, and the final on-road price after all savings.
FAME-II centralState-wise policyRoad tax waiver100% free
Calculate your savings
Pick your EV, state, and see the live subsidy breakdown.
Maharashtra EV Policy
Road tax and registration waiver for BEVs. Additional Rs. 25,000 scrap incentive for old vehicle exchange.
Total savings
Rs. 2,87,500
Total subsidy + waivers in Maharashtra
Ex-showroom price
Rs. 15.00 L
Effective price after subsidies
Rs. 12.13 L
Subsidy breakdown
Central FAME-II subsidy
Rs. 10,000/kWh × 40 kWh (max Rs. 1,50,000)
- Rs. 1,50,000
Maharashtra state subsidy
No direct purchase subsidy
Rs. 0
Road tax waiver
100% road tax exempted
- Rs. 90,000
Registration fee waiver
Registration charges exempted
- Rs. 22,500
Old vehicle scrap bonus
Exchange old vehicle for additional incentive
- Rs. 25,000
Total savings
Rs. 2,87,500
Savings as % of price
You save19.2% of ex-showroom
FAME-II
Rs. 1,50,000
State
Rs. 0
Road tax
Rs. 90,000
Registration
Rs. 22,500
Compare across states
| State | FAME-II | State subsidy | Road tax | Total saved |
|---|---|---|---|---|
| Maharashtra✓ | Rs. 1,50,000 | — | Rs. 2,87,500 | |
| Delhi | Rs. 1,50,000 | Rs. 1,50,000 | Rs. 4,12,500 | |
| Gujarat | Rs. 1,50,000 | Rs. 1,50,000 | Rs. 4,12,500 | |
| Karnataka | Rs. 1,50,000 | — | Rs. 2,40,000 | |
| Tamil Nadu | Rs. 1,50,000 | — | Rs. 2,40,000 | |
| Telangana | Rs. 1,50,000 | — | Rs. 2,62,500 | |
| Rajasthan | Rs. 1,50,000 | — | Rs. 2,62,500 | |
| Kerala | Rs. 1,50,000 | — | Rs. 2,40,000 | |
| Madhya Pradesh | Rs. 1,50,000 | — | Rs. 2,62,500 | |
| Uttar Pradesh | Rs. 1,50,000 | — | Rs. 2,62,500 |
How EV subsidies work in India
State-level incentives
Many states offer additional subsidies — purchase incentives (Gujarat, Delhi), road-tax waivers (most states), registration exemptions, and old-vehicle scrap bonuses. These stack on top of FAME-II.
Tax savings
Section 80EEB of the Income Tax Act allows a deduction of up to Rs. 1,50,000 on interest paid on EV loans — effectively reducing your EMI cost by your marginal tax rate.