The Delhi government has launched an online ‘My EV‘ (My Electric Vehicle) portal for the purchase and registration of electric autos in Delhi. It is accessible to all users on the website of the transport department of Delhi. Under the Delhi Electric Vehicle Policy, a 5% interest rate subvention will be provided on the purchase of e-autos on loans and become the first state to provide such a facility. The web portal was developed with the collaboration of the Delhi government and Convergence Energy Services Limited (CESL).
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
CESL has empanelled six Financial Institutions (FIs) – Mahindra Finance, Akasa Finance, Mannapuram Finance, RevFin, and Prest Loans to provide loans to EVs at attractive terms. The Interest subvention on the purchase of EVs is in addition to the applicable purchase incentive of INR 30,000 and scrapping incentives of up to INR 7,500 under the Delhi EV Policy. The consumer will be able to avail of up to INR 25,000 additional benefits.
Important takeaways for all competitive exams:
Find More Miscellaneous News Here
India, a land of diverse cultures, landscapes, and histories, continues to enchant travelers from around…
The world of Yakshagana, a traditional theatre form of Karnataka, has lost a towering figure.…
Japan, often referred to as the "Land of the Rising Sun," is a captivating island…
IndusInd Bank, in collaboration with Circularity Innovation Hub India Private Limited (CIH), has achieved a…
The Reserve Bank of India (RBI) has instructed Talkcharge Technologies to halt the issuance and…
In the latest advancement of China's space program, the Shenzhou-18 mission saw the successful launch…