EV Loan & Subsidy Calculator (India + Other Countries)

EV Loan & Subsidy Calculator

EV Loan & Subsidy Calculator

Calculate your Electric Vehicle loan EMI and government subsidy benefits

Vehicle & Loan Details

Calculation Results

Monthly EMI: ₹0
Total Loan Amount: ₹0
Total Interest Payable: ₹0
Subsidy Benefit: ₹0
Effective Loan Amount: ₹0
Effective EMI: ₹0
You can save approximately ₹0 with the subsidy!
Without Subsidy
₹0
Total Payment
With Subsidy
₹0
Total Payment

Subsidy Information

FAME II (India): Up to ₹1.5 lakh subsidy for electric cars and ₹30,000 for electric two-wheelers under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles scheme.

Federal Tax Credit (USA): Up to $7,500 tax credit for purchase of new electric vehicles.

Plug-in Grant (UK): Up to £1,500 grant for electric motorcycles and up to £2,500 for electric cars.

Disclaimer: This calculator provides approximate values only. Actual loan terms and subsidy benefits may vary based on eligibility and financial institution policies.

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