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LIVESelect your state and the type of electric vehicle you plan to buy to instantly calculate your total EV subsidy in India — including PM E-Drive central benefits, state-level incentives, road tax waivers, registration fee exemptions, and income tax deductions under Section 80EEB. The calculator covers all 28 states and union territories and is updated with the latest subsidy rates for 2026.
Calculate FAME II + your state subsidy, road tax waiver, and registration savings.
Needed for road tax calculation
Total EV Savings
₹2,40,000
Subsidy Breakdown
FAME II Central Subsidy
₹10,000/kWh · 40 kWh battery
+₹1,50,000
State Government Subsidy
Maharashtra EV policy
+₹25,000
Road Tax Waiver
Based on ex-showroom price
+₹40,000
Registration Fee Waiver
One-time registration saving
+₹25,000
More benefits in Maharashtra
Maharashtra has one of India's best EV policies. Subsidies subject to annual policy updates — verify with dealer.
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Under the FAME II scheme, electric cars priced under ₹15 lakh (ex-showroom) are eligible for a subsidy of ₹10,000 per kWh of battery capacity, up to ₹1.5 lakh. Two-wheelers get up to ₹15,000 subsidy.
Delhi offers the highest combined EV subsidy in India — up to ₹1.5 lakh for electric cars, plus 100% road tax waiver, zero registration fee, and additional scrappage incentive. Maharashtra and Gujarat also offer significant state subsidies.
Yes. Under Section 80EEB of the Income Tax Act, individuals can claim a deduction of up to ₹1.5 lakh on interest paid on EV loans taken between April 2019 and March 2023. This benefit applies to both two-wheelers and four-wheelers.
PM E-Drive (Electric Drive Revolution in Innovative Vehicle Enhancement) replaced FAME II in 2024 with a ₹10,900 crore outlay. It supports electric two-wheelers, three-wheelers, e-buses, and charging infrastructure across India.