Is there any govt. subsidy on Tata Nexon ?? - Tata Nexon EV Prime 2020-2023

Nexon EV Prime 2020-2023

Q. Is there any govt. subsidy on Tata Nexon ??
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16 Answers

Ajit | 3 years ago

Yes, you get a subsidy of Rs 1.5 lakh from central govt under FAME. You also get separate subsidies from state government depending on which state you live in. In Maharashtra, state subsidy is Rs 1 lakh plus you get waiver on on road tax and registration (this can come to around 1.25 lakh). However, note that insurance amount for EVs is generally a bit higher than regular petrol/diesel cars

5 Reply

Faraz | 3 years ago

@Ajit, is the FAME applicable to anyone all over India? how soon do we receive the FAME subsidy after purchase? There is no info on this in a clear way anywhere. Thank you.

2 Reply

SanjayLimbani | 3 years ago

@ Ajit | Yes, you get a subsidy of Rs 1.5 lakh from central govt under FAME. You also get separate subsidies from state government depending on which state you live in. In Maharashtra, state subsidy is Rs 1 lakh plus you get waiver on on road tax and registration (this can come to around 1.25 lakh). However, note that insurance amount for EVs is generally a bit higher than regular petrol/diesel cars

Fame-II subsidy is applicable on commercial vehicles only. Tata do not sale Nexon as commercial. So Fame-II subsidy is not applicable for TATA Nexon EV.

4 Reply

Faraz | 3 years ago

How soon do you get the subsidy from Central Govt after purchase?

0 Reply

Sumit | 2 years ago

@ SanjayLimbani | Fame-II subsidy is applicable on commercial vehicles only. Tata do not sale Nexon as commercial. So Fame-II subsidy is not applicable for TATA Nexon EV.

I think fame -2 subsidy is not given for passenger 4 wheelers (only commercial 4 wheelers) but fame 2 subsidy is give to passenger 2 wheeles

0 Reply

YOUTUBE | 2 years ago

@ SanjayLimbani | Fame-II subsidy is applicable on commercial vehicles only. Tata do not sale Nexon as commercial. So Fame-II subsidy is not applicable for TATA Nexon EV.

Sorry your info is wrong , fame 1 was only for cv fame 2 give 15k per kwh till 15 lac as subsidy and already included in ex showroom price

0 Reply

Sumit | 2 years ago

@ Peeyush | No in FAME 2 it's available.

Not in the cases of cars in cars fame-2 only applicable in commerical but in 2 wheelers fame-2 available in commerical and private both

0 Reply

Sandeep | 3 years ago

Is any subsidy for Nexon EV for Punjab??

3 Reply

Lucky | 3 years ago

Can I get subsidy in Uttar Pradesh if I am buying Nexon EV

0 Reply

Peeyush | 3 years ago

@ SanjayLimbani | Fame-II subsidy is applicable on commercial vehicles only. Tata do not sale Nexon as commercial. So Fame-II subsidy is not applicable for TATA Nexon EV.

No in FAME 2 it's available.

1 Reply

Sumit | 2 years ago

@ YOUTUBE | Sorry your info is wrong , fame 1 was only for cv fame 2 give 15k per kwh till 15 lac as subsidy and already included in ex showroom price

Are fame -2 subsidy are also given to passenger cars like nexon ev

0 Reply

Sumit | 2 years ago

@ YOUTUBE | Sorry your info is wrong , fame 1 was only for cv fame 2 give 15k per kwh till 15 lac as subsidy and already included in ex showroom price

I think this is only for 2 wheelers not 4 wheelers

0 Reply

Sumit | 2 years ago

@ YOUTUBE | Sorry your info is wrong , fame 1 was only for cv fame 2 give 15k per kwh till 15 lac as subsidy and already included in ex showroom price

Fame 2 subsidy also given on passengers cars?

0 Reply

Yama | 2 years ago

Is there any subsidy intigor

0 Reply

Aniket | 1 year ago

Yes

0 Reply

RajiKumaranC | 1 year ago

Yes

0 Reply

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