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Incentive Scheme for Replacement of Ageing Commercial Vehicles
Live Status: Active & Open
Last verified: 2 July 2026
💰 Benefit Amount
Combination of manufacturer discounts (8% of ex-showroom price), central government interest subvention (5% on loans for 5 years), monthly fuel vouchers (up to ₹4,800), one-time EV purchase benefits, and state tax/registration fee waivers.
👥 Who Can Apply
Replacement vehicles must be bought and registered within the NCR. Light goods vehicles in Delhi must be electric, and buses must be BS-VI CNG or electric. Government vehicles are excluded. BS-III and older vehicles must be scrapped. BS-IV vehicles can be scrapped or sold outside the NCR in non-NCAP cities.
📋 How to Apply
Owners of eligible older vehicles approach participating aut
business
⚠️ Note: SchemeAtlas provides information to help you find and understand benefits. We are not a government agency. Always verify current details on the official website before applying.
📖 Helpful Guides Related to This Scheme
Who Should Apply?
- ✓"Replacement vehicles must be bought and registered within the NCR. Light goods vehicles in Delhi must be electric, and buses must be BS-VI CNG or electric. Government vehicles are excluded. BS-III and older vehicles must be scrapped. BS-IV vehicles can be scrapped or sold outside the NCR in non-NCAP cities."
✍️ Editorial Note
Researched by: SchemeAtlas Editorial Team
Source: Official Government Portal
Accuracy: Checked monthly for updates and deadlines.
Last Updated: 2 July 2026
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