• What is FAME II Subsidy and what are it's benefits?

    To promote the manufacture and use of electric vehicles in India, the Govt. of India has introduced the FAME II (Faster Adoption and Manufacturing of Electric Vehicles Phase II) subsidy. The FAME II subsidy is a benefit given to the purchaser of the electric vehicle in the form of an upfront price reduction. The FAME II subsidy amount would be the minimum of the following:
    (i) 40% of the ex-showroom price, or
    (ii) INR 15,000 per KwH of battery capacity

  • What is the eligibility criteria for FAME II?

    Any individual who has a valid identity proof and who has never claimed the FAME subsidy before for an electric 2-wheeler is eligible.

  • How do I apply for claiming FAME II subsidy?

    You will not have to apply for the subsidy. It will be factored in the vehicle price (provided you are eligible for it).

  • What will happen if I am not FAME eligible?

    In that case, the benefit of subsidy will not be available to you, and you will have to pay full price.

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