Who is eligible for the PM E-DRIVE subsidy?

Eligibility depends on government guidelines and vehicle category.

How Do I Claim the Subsidy?

The subsidy is usually claimed by the vehicle manufacturer and passed on to the buyer as a discount on the ex-showroom price.

Can I Avail the Subsidy for Buying a Used EV?

No, the PM E-DRIVE subsidy is applicable only to the purchase of new electric vehicles.

Is There a Limit on the Number of Vehicles I Can Buy with a Subsidy?

Yes, the subsidy is generally limited to one vehicle per category for each individual.

Bajaj Commercial Wego P9018

Featured EV

₹4,41,247

On Road PricePan India

Power

6.2 kW

Torque

40 Nm

Number of Tyre

Range

296km

Power

6.2 kW

Torque

40 Nm

Number of Tyre

Range

296km

EMI Calculator

Avail upto 100% of the EV value in finance at attractive interest rates

Loan Amount

₹0k₹5L

Interest Rate (p.a.)

5%20%

Loan Tenure

1 year7 years

Your EMI Breakdown

Monthly EMI

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