Ola electric scooter has been the hot topic for many people who are tired of the increasing fuel prices that have broken all past records. With the name tag of Ola and fuel cost of less than a rupee this scooter was a guaranteed hit even before the launch which became more vivid when the scooter’s booking crossed over 1 lakh in just 24 hours of launch but as the delivery date is approaching the question has started to arise as to how do we apply for a subsidy for our Ola Electric scooter for which you are applicable only after the submission of complete payment.

How to apply for subsidy for Ola electric scooter

Although the process may differ from state to state but the method remains almost identical, As for Delhi, before the final completion of payment, you will receive a notification something like this.

apply ola scooter subsidy
How to apply for subsidy for Ola electric Scooter

In this notification, you will get the amount that you are liable to pay along with the calculated subsidy that you can avail of according to your state or union territory (in our case Delhi).

After paying the whole amount to avail the subsidy, you will need to reach out to your dealer as he only can submit your information to your state’s website (may differ in the case of Gujrat where you can apply for it yourself by registering on https://www.digitalgujarat.gov.in/) to file the claim to demand subsidy.

The documents needed at the time of the registration are:

  1. Sales Invoice or Vehicle RC
  2. Address proof (Aadhar Card, driving licence, electricity bill etc.)
  3. Bank Information (Passbook, Cancelled cheque or any other means)

According to the updated Fame 2 policy announced on 11th June 2021 by the Ministry of Heavy Industries and Public Enterprises, an amount of Rs. 15,000 per kWh subsidy can be availed for your electric two-wheeler which will cap at 40% of the vehicle cost. This price was increased from Rs. 10,000 to Rs. 15,000 to encourage the Indian audience to go electric two-wheeler that accounts for more than 50% of the automobile sales in India.

However, the FAME 2 policy also provides a benchmark for the OEMs, as the policy conveys that the maximum ex-showroom price should not be more than Rs 1.50 lakh and the vehicle should also cover a minimum range of 80 km along with a minimum allowable top speed of 40km/h.

Talking about the Ola electric scooter, the maximum ex-showroom price at which the pro version can be availed limits at Rs. 1.29 lakh and has a maximum range of 121 km on S1 and 181 km on S1 pro along with a maximum speed of 90 km/h for S1 and 115 km/h for S1 pro which fits perfectly in this policy.

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