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.

Nds Eco Motors Sqd

Featured EV

1,25,533

On Road PricePan India

Power

3.9kW

Torque

120Nm

0-40 km/h

4 sec

Range

110-218kms

Power

3.9kW

Torque

120Nm

0-40 km/h

4 sec

Range

110-218kms

EMI Calculator

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

Loan Amount

₹0k₹1L

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

New EV Buyers Guide

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