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. It 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 a minimum of the following:(i) 40% of the ex-showroom price (OR)(ii) INR 15,000 per KWH of battery capacity
Any individual, who has a valid identity proof and has never claimed the FAME II subsidy before for an electric 2-wheeler, is eligible. The name on the identity proof must exactly match the name of registration.
The FAME subsidy will be factored in the scooter price, incase you are eligible for it, and will not have to be claimed separately.In case, at the document verification stage, you are found to be ineligible for the subsidy, you would have to pay the full price.