Up to Rs 75,000 discount on buying electric car or bike, subsidy of Rs 1.50 lakh!

Up to Rs 75,000 discount on buying electric car or bike, subsidy of Rs 1.50 lakh!

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if you Bihar If you want to buy a car or bike, then you can choose electric vehicle. You will get 75% discount on buying an electric car or bike. Yes, electric vehicles This provision has been made under Bihar Electric Vehicle Policy 2023 to promote. You can avail this discount only when you register your favorite electric car. This reduction can range from 50 to 75 percent.

Up to 75 percent off

According to Transport Secretary Sanjay Kumar Aggarwal, exemption will be given on the purchase of light and heavy electric vehicles including two-wheelers, three-wheelers and four-wheelers. 75 percent rebate in vehicle tax will be given to the first 10,000 two-wheeler electric vehicles and first 1,000 four-wheeler vehicles registered in the state. After that, you will get the benefit of 50% discount on registered cars. This means that if you register your car immediately, you will get the benefit of up to 75% tax rebate. Later only 50 percent will be available.

Up to 50 percent discount on three-wheeler electric vehicles

50 percent rebate in vehicle tax will be given on purchase and registration of three-wheeler electric vehicles (passenger and cargo). Whereas for heavy vehicles (cars and commercial vehicles), 75 percent of vehicle tax will be waived for two years from the date of issue of notification. After two years, 50 percent rebate in vehicle tax will be given.

Subsidy up to Rs 1.50 lakh

Additionally, if you belong to SC-ST category, you will also get an incentive of Rs 10,000 on the purchase of an electric two-wheeler. In other categories, a fee of Rs 7,500 per vehicle will be charged. For electric four-wheelers, SC-ST category buyers will have to pay an incentive of Rs 1.50 lakh per vehicle, while other categories will have to pay an incentive of Rs 1.25 lakh per vehicle. When purchasing and registering an electric vehicle, parking will be provided at the rates provided by local authorities and others. A parking plan will be developed in each city, and street parking and subsidized electricity will be created.

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