MG Comet EV Loan EMI Calculator

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MG Comet EV
₹14,576/month
EMI Starts at
₹7.89 Lakh*
On-Road Price Starts at
MG Comet EV EMI starts at ₹ 14,576 per month for a loan period of 60 months @8.5% interest rate and a loan amount of ₹7.10 Lakh*. To look at the EMI for Comet EV variants use the EMI Calculator below. It gives a detailed breakdown of EMI and other charges.
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Loan EMI Calculation

₹
₹0₹7.10 Lakh
%
7%18%
Yr
1 Yr7 Yrs
Monthly EMI for 5 years
₹14,576*
Loan Period
5 Years
Total Loan Amount
₹7.10 Lakh
Total Interest Payable
₹1.64 Lakh
Total Payment
₹8.75 Lakh
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Year-Wise EMI Plan

₹
₹0₹7.10 Lakh*
%
7%18%
PeriodEMIInterestTotal Amount
1 yr₹ 61,965₹ 33,129₹ 7,43,580
2 yrs₹ 32,294₹ 64,605₹ 7,75,056
3 yrs₹ 22,427₹ 96,921₹ 8,07,372
4 yrs₹ 17,511₹ 1,30,077₹ 8,40,528
5 yrs₹ 14,576₹ 1,64,109₹ 8,74,560
6 yrs₹ 12,631₹ 1,98,981₹ 9,09,432
7 yrs₹ 11,251₹ 2,34,633₹ 9,45,084
8 yrs₹ 10,225₹ 2,71,149₹ 9,81,600
9 yrs₹ 9,434₹ 3,08,421₹ 10,18,872
10 yrs₹ 8,809₹ 3,46,629₹ 10,57,080

Comet EV Variant Wise EMI

Showing EMI for 5 years @ 8.5% rate
VariantsEMI Starts atOn-Road Price
Executive₹14,576₹7,89,390
MG Comet EV
MG Comet EV
4.0

₹7.50 - ₹9.99 Lakh*

Ex-Showroom Price

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Eligibility & Documents Requirements for a Loan

Who can apply?

You must be an Indian citizen.

Age: 18 to 80 years (at loan maturity).

CIBIL score: 700 or above.

If salaried: Earn at least ₹25,000 per month.

If self-employed: Show ITR proof for the last 2 years.

Also eligible: Proprietors, partnership firms, private limited companies, and trusts.

Comet EV On Road Price in India

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