BMW i5 M60 on-road price in Gwalior

₹1,26,32,905 on the road1 variant

EMI from about ₹2,12,250 a month on the Gwalior on-road price, at 9.5% a year over 5 years with 20% down.

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Figures as of October 2026, for a first personal car, bought by an individual and paid in cash.

Madhya Pradesh sets these charges, so the same figures apply in Indore, Bhopal, Jabalpur and Ujjain.

Why

Registering in a different city of the state does not change them.

All 1 variants priced in Gwalior

Variant	Ex-showroom	On-road in Gwalior
xDrive Electric AT	₹1.20Cr	₹1,26,32,905

Confirm the final figure with your dealer before paying.

Worth knowing before you sign

On the BMW i5 M60 xDrive Electric AT, Gwalior is 8th dearest of 19 states: ₹5,37,750 over Mizoram and ₹11,35,250 under Assam.

How the xDrive Electric AT's ₹1,26,32,905 breaks down

Getting it on the road in Gwalior adds ₹6.83L to the ex-showroom price, and road tax is the biggest part of that.

Ex-showroom price: ₹1,19,50,000
Road tax (4.5% electric-car rate): ₹5,37,750
Registration fee (exempt for electric cars): ₹0
TCS (1%, adjustable against your income tax)refundable: ₹1,19,500
Third-party insurance (3 years, incl. 18% GST): ₹24,670
Personal accident cover (1 year, incl. 18% GST)estimate: ₹885
FASTagestimate: ₹100
Comprehensive own-damage covernot in this total: insurer-priced
On-road in Gwalior: ₹1,26,32,905

The fine print

Road tax (4.5% electric-car rate): Derived 2026-08-07 from CarWale's Indore breakdowns for 12 electric cars, Rs 6.99L to Rs 1.30Cr. Ten observations between 4.38% and 4.83% with no step; fitted slope 4.39% with Rs 4,649 fixed over the eight above Rs 17 lakh. NOT read from any Madhya Pradesh instrument
Registration fee (exempt for electric cars): CMVR Rule 81, as amended by GSR 1183(E) dated 29-12-2016
TCS (1%, adjustable against your income tax): Income-tax Act 1961 s.206C(1F) from 1 June 2016, and from 1 April 2026 s.394(1) of the Income-tax Act 2025 at the same rate and threshold (renumbering reported, not read from the Act); creditable against the buyer's income tax
Third-party insurance (3 years, incl. 18% GST): Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules 2022, G.S.R. 394(E) dated 25-05-2022, as amended by G.S.R. 32(E) dated 05-01-2024; both gazettes read from egazette.gov.in. PA cover per IRDAI circular IRDAI/NL/CIR/MOTP/158/09/2018
Personal accident cover (1 year, incl. 18% GST): Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules 2022, G.S.R. 394(E) dated 25-05-2022, as amended by G.S.R. 32(E) dated 05-01-2024; both gazettes read from egazette.gov.in. PA cover per IRDAI circular IRDAI/NL/CIR/MOTP/158/09/2018; The Rs 15 lakh owner-driver cover is mandatory; this prescribed rate is what most insurers charge for the annual form.
FASTag: Tag cost only. Issuers add a deposit and minimum balance; dealer bundles commonly total Rs 500-600.
Comprehensive own-damage cover: Not in this total. Lenders require it and most buyers take it, but it has been market-priced since 2007 and varies widely with insurer, cover value and no-claim bonus, so an honest single figure does not exist. Budget for it from real quotes on top of this total.

Madhya Pradesh's rates here are derived from published on-road prices rather than read from the state's own schedule, so treat them as indicative and confirm with your dealer.

Confirm the final figure with your dealer before paying.

Where these figures come from

One figure here is weaker than the rest: the road tax is what Madhya Pradesh is reported to charge, not something we could read in a notification. Treat that line as indicative and confirm it with your dealer. Everything else is computed from Madhya Pradesh's own documents, last checked on 7 August 2026. Rates change with state budgets, so confirm the final figure with your dealer before paying.

i5 M60 on-road price in other cities

See 23 other cities

Same figures, same state: Indore, Bhopal, Jabalpur, Ujjain

Different state, different figures: Mumbai, Pune, Delhi, Bengaluru, Chennai, Hyderabad, Kolkata, Jaipur, Patna, Ludhiana, Kochi, Visakhapatnam, Itanagar, Guwahati, Raipur, Ranchi, Shillong, Aizawl, Bhubaneswar

BMW i5 M60 on-road price, in all 19 states we price →

Every BMW i5 M60 variant, compared →

Questions buyers ask

What is the BMW i5 M60 on-road price in Gwalior?

₹1,26,32,905 for the xDrive Electric AT, as of October 2026, covering Madhya Pradesh road tax, registration and the mandatory insurance. Comprehensive own-damage cover is priced by insurers and comes on top.

How much is the road tax on the BMW i5 M60 in Gwalior?

₹5,37,750 on the xDrive Electric AT at ₹1.20Cr ex-showroom. The rate comes from Madhya Pradesh's own schedule (Derived 2026-08-07 from CarWale's Indore breakdowns for 12 electric cars, Rs 6.99L to Rs 1.30Cr. Ten observations between 4.38% and 4.83% with no step; fitted slope 4.39% with Rs 4,649 fixed over the eight above Rs 17 lakh. NOT read from any Madhya Pradesh instrument), verified on 7 August 2026.

Is the BMW i5 M60 cheaper on-road in another city of Madhya Pradesh?

No. Madhya Pradesh sets these charges, so the same figures apply in Indore, Bhopal, Jabalpur and Ujjain: registering in a different city of the state does not change them.