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.

Montra Electric Eviator

Featured EV

₹16.11 - ₹16.39 L

On Road PricePan India

Power

40 kW

Torque

300 Nm

Range

245km

Power

40 kW

Torque

300 Nm

Range

245km

Our Take on the Montra Electric Eviator

What We Like

Powerful Motor – 80 kW PMSM, 300 Nm torque for smooth performance.
Long Range – 245 km per charge, ideal for urban logistics.
High Payload – 1,707 kg capacity for heavy loads.
Fast Charging – AC & DC support, full charge in 6 hours.
Advanced Safety – ADAS, hill-hold assist, front disc brakes.
Tech & Comfort – Infotainment, HVAC, smart drive modes.
Long Warranty – 7 years/2.5 lakh km for durability.

What We Don't Like

Limited Charging Infrastructure – Availability of fast chargers may be a challenge in some areas.
Heavy Vehicle Weight – May impact efficiency and maneuverability in congested spaces.

EMI Calculator

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

Loan Amount

₹0k₹18L

Interest Rate (p.a.)

5%20%

Loan Tenure

1 year7 years

Your EMI Breakdown

Monthly EMI

₹0

Principal Amount₹0

Total Interest₹0

Total Amount₹0

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