The Schemes Register Indian government scheme data · and what is missing from it
Last complete collection today ·snapshot 2026-09-02 · 4,771 of 4,772 records · 48/48 pages ·verdict COMPLETE ·2 snapshot(s) held
Route · /scheme/fapbov

FAPBOV

Financial Assistance for Purchase of Battery Operated Vehicles
PuducherryBusiness EntityState/ UTNo start date
myScheme’s own wording, reproduced in full. Where it is thin, that is the finding, and the completeness checks are below.

What this is

The scheme aims to provide financial assistance to eligible residents of Puducherry for the purchase of Battery-Operated vehicles. The scheme provides financial support, including an investment subsidy of ₹80,000/- provided by the Ministry of New and Renewable Energy, Govt. of India.

In detail

The scheme “Financial Assistance for Purchase of Battery Operated Vehicles” was launched by the Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC), Department of Industries & Commerce, Puducherry. The scheme aims to provide financial assistance to eligible residents of Puducherry for the purchase of Battery Operated vehicles. The scheme provides financial support, including an investment subsidy of ₹80,000/- provided by the Ministry of New and Renewable Energy, Govt. of India, specifically for Companies or Societies. The applications for this scheme are accepted online through the PIPDIC portal.

Who qualifies

The applicant must be a resident of Puducherry.

What you get

  • Investment subsidy of ₹80,000/- is provided.
  • The subsidy is provided by the Ministry of New and Renewable Energy Sources, Government of India.
  • This investment subsidy is specifically provided only for Companies or Societies.

##### Conditions

  • _The applicant must provide a Promoter’s Contribution of 10% on the cost of the vehicle._
  • _The collateral security required in the form of immovable property, if situated in the Union Territory of Puducherry, shall be valued at not less than the amount of the term loan sanctioned._
  • _If the immovable property used as collateral security is situated outside the Union Territory of Puducherry, its value must be not less than 150% of the loan amount in the case of land with a building, or not less than 200% of the loan amount if the property offered is only land._
  • _If the unit is promoted by Women / Scheduled Caste / Scheduled Tribe / Differently abled persons, the value of the property to be offered as collateral security is reduced and fixed at 50% of the loan amount._
Listed by myScheme
Documentation completeness
4 of 9 checks passed
Checks are about the record,
not about the scheme.
✗
Eligibility published here55 characters
✓
Benefit amount published hereamount or quantity stated
✓
Description more than a name284 characters
✗
Implementing agency published herefield absent from the record
✗
How to apply published hereno URL and no offline mode declared
✗
Start date published herenot published
✗
End date published hereno end date recorded, so indefinite by omission
✓
Stored links well-formedall parse
✓
Not expired while still listedno end date
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Provenance

Every field above, and where it came from
schemeNameFinancial Assistance for Purchase of Battery Operated VehiclesmyScheme · 2026-09-02
schemeOpenDate...not published at source
schemeCloseDate...not published at source
nodalMinistryName...myScheme · 2026-09-02
dbtSchemeFalsemyScheme · 2026-09-02
achievement data...no source publishes this for any central scheme