Calculators > FAME-II / PM E-DRIVE Subsidy Calculator

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FAME-II / PM E-DRIVE Subsidy Calculator

Estimate total EV incentives — central FAME-II/PM E-DRIVE subsidy, state top-up, and road tax waiver — for any vehicle category and state in India.

How this works
Central subsidy = min(battery kWh × rate/kWh, cap). Net price = on-road price - central - state - road tax waiver
Methodology

Central subsidy follows FAME-II Notification S.O. 1465(E) and PM E-DRIVE scheme guidelines. State subsidies based on published EV policies. Road tax waiver estimated at 5% of on-road price for states with full waiver. Actual amounts may vary; always verify with dealer and Ministry of Heavy Industries.

Calculator Inputs

kWh

Typical 2W EVs: 2–6 kWh (e.g. Ather 450X = 3.7 kWh)

Used to calculate state-level top-up subsidy and road tax waiver

₹45,500
Total incentive (central + state)
₹64,500
Effective price after all incentives
41.4%
Savings on on-road price
Incentive Breakdown
🏛
Central Subsidy (FAME-II / PM E-DRIVE)
₹10,000/kWh × 3 kWh = ₹30,000 (cap: ₹40,000)
₹30,000
🏳
State Subsidy — Maharashtra
Maharashtra provides ₹10,000 additional subsidy
₹10,000
📋
Road Tax Waiver
Maharashtra offers full road tax exemption (~5% of on-road price)
₹5,500
Total Incentive
41.4% of on-road price
₹45,500
📌 Policy Note

₹10,000/kWh capped at ₹40,000. Requires FAME-approved Indian manufacturer and minimum 80km real-world range.

Subsidy amounts subject to change. Verify with dealer and Ministry of Heavy Industries before purchase.