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  3. Is there any govt. subsidy on Tata Nexon ??

  • Q. Is there any govt. subsidy on Tata Nexon ??

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    16 Answers
    Ajit
    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
    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
    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.

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