MG Comet EV Loan EMI Calculator

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MG Comet EV
₹14,829/month
EMI Starts at
₹8.03 Lakh*
On-Road Price Starts at
MG Comet EV EMI starts at ₹ 14,829 per month for a loan period of 60 months @8.5% interest rate and a loan amount of ₹7.23 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₹7.23 Lakh
%
7%18%
Yr
1 Yr7 Yrs
Monthly EMI for 5 years
₹14,829*
Loan Period
5 Years
Total Loan Amount
₹7.23 Lakh
Total Interest Payable
₹1.67 Lakh
Total Payment
₹8.90 Lakh
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Year-Wise EMI Plan

₹
₹0₹7.23 Lakh*
%
7%18%
PeriodEMIInterestTotal Amount
1 yr₹ 63,039₹ 33,709₹ 7,56,468
2 yrs₹ 32,853₹ 65,713₹ 7,88,472
3 yrs₹ 22,816₹ 98,617₹ 8,21,376
4 yrs₹ 17,815₹ 1,32,361₹ 8,55,120
5 yrs₹ 14,829₹ 1,66,981₹ 8,89,740
6 yrs₹ 12,849₹ 2,02,369₹ 9,25,128
7 yrs₹ 11,446₹ 2,38,705₹ 9,61,464
8 yrs₹ 10,402₹ 2,75,833₹ 9,98,592
9 yrs₹ 9,598₹ 3,13,825₹ 10,36,584
10 yrs₹ 8,961₹ 3,52,561₹ 10,75,320

Comet EV Variant Wise EMI

Showing EMI for 5 years @ 8.5% rate
VariantsEMI Starts atOn-Road Price
Executive₹14,829₹8,03,066
MG Comet EV
MG Comet EV
4.0

₹7.63 - ₹10.00 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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