Delhi's New EV Policy
Delhi's draft EV Policy 2026-2030 proposes zero road tax on electric cars priced up to ₹30 lakh and a ban on new non-electric two-wheeler registrations. If finalised, this could significantly change the cost of buying a vehicle in Delhi — affecting your auto loan, insurance costs, and long-term transport budget.
An average Delhi commuter spending ₹6,000/month on petrol could save over ₹70,000 a year by switching to an electric two-wheeler — that's nearly two months' salary for many entry-level professionals.
If you're buying an electric car under ₹30 lakh in Delhi, the proposed zero road tax could save you up to ₹4 lakh upfront, directly reducing your down payment burden and the auto loan you need to take.
Key Takeaways
If you're planning to buy a two-wheeler in Delhi, act now or plan for electric — once the ban on non-EV two-wheeler registrations kicks in, petrol scooters and bikes may no longer be registrable in the capital, making resale value drop sharply.
Buying an electric car under ₹30 lakh in Delhi could save you ₹2–4 lakh in road tax alone — factor this into your auto loan calculation, as your total on-road cost drops meaningfully, reducing the loan amount you actually need.
If you already own a petrol vehicle in Delhi, check your motor insurance policy — as EV adoption rises and regulations tighten, insurers may revise premiums and coverage terms for older petrol vehicles over the next 2–3 years.
Delhi is getting ready to overhaul how the city thinks about vehicles — and if you're planning to buy a car or two-wheeler in the next year or two, this directly affects your wallet.
The Delhi government's draft EV Policy 2026-2030 proposes two headline changes: no road tax on electric cars priced up to ₹30 lakh, and an eventual ban on registering new petrol and diesel two-wheelers in the capital. The policy is currently open for public feedback before it becomes law, so the final rules could change — but the direction is clear.
Here's what this means in rupees. Road tax on a petrol car in Delhi typically ranges from 4% to 12% of the vehicle's on-road price depending on the cost bracket. On a ₹20 lakh electric car, that's a saving of ₹80,000 to ₹2.4 lakh. On a ₹28 lakh EV, you could be saving close to ₹3.5 lakh in road tax alone. That's a significant reduction in your total vehicle cost — and it directly lowers how much auto loan you need to borrow, saving you interest over the loan tenure as well.
For two-wheeler buyers, the urgency is different. If non-electric two-wheelers can no longer be registered in Delhi, the resale value of petrol scooters and bikes in the city will fall over time. If you're sitting on the fence about upgrading, it's worth calculating the total cost of ownership for an electric two-wheeler — many models now cost under ₹1.5 lakh after subsidies, with running costs as low as 15–20 paise per kilometre versus ₹2–3 for petrol.
Before making any vehicle purchase, use GoCredit to compare auto loan offers and calculate your actual EMI after accounting for revised on-road costs under the new policy. A lower vehicle cost means a smaller loan — and potentially a shorter tenure.
💡 Pro tip: Always calculate the Total Cost of Ownership (TCO) over 5 years — purchase price, fuel or electricity, insurance, maintenance, and road tax — before deciding between a petrol and electric vehicle. Right now, EVs increasingly win on TCO, especially with policy support.
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