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MG Comet EV EMI calculator

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Calculate the MG Comet EV EMI on the on-road price, not the ex-showroom price: on-road is the full amount you actually pay, and the amount a loan has to cover.

EMIs start from about ₹13,470 a month, for the Executive Electric AT at ₹8.02 lakh on the road in Delhi.

At 9.5% a year over 5 years with 20% down. Every variant's figure is below, and each one moves with your own rate, tenure and down payment.

Which price are you putting in?
On-road price₹8.02L

This starts on the full on-road price in Delhi, with road tax, registration and insurance included. Drag it to the variant you want.

Down payment₹1,60,331 (20%)
Tenure5 years
Interest rate assumption9.5%

Rates differ by lender and credit record. Drag this to the rate your bank actually quotes you.

Monthly EMIabout ₹13,470
Amount financed
₹6,41,326
Interest over 5 years
₹1,66,874
Total paid, down payment included
₹9,68,531
Year-by-year scheduleHow each year's payments split between interest and the loan
YearLoan repaidInterestStill owed
2026₹16,850₹10,088₹6,24,476
Nov 2026₹8,392₹5,077₹6,32,934
Dec 2026₹8,458₹5,011₹6,24,476
2027₹1,06,876₹54,752₹5,17,598
Jan 2027₹8,525₹4,944₹6,15,951
Feb 2027₹8,593₹4,876₹6,07,358
Mar 2027₹8,661₹4,808₹5,98,697
Apr 2027₹8,729₹4,740₹5,89,968
May 2027₹8,798₹4,671₹5,81,169
Jun 2027₹8,868₹4,601₹5,72,301
Jul 2027₹8,938₹4,531₹5,63,363
Aug 2027₹9,009₹4,460₹5,54,354
Sept 2027₹9,080₹4,389₹5,45,273
Oct 2027₹9,152₹4,317₹5,36,121
Nov 2027₹9,225₹4,244₹5,26,896
Dec 2027₹9,298₹4,171₹5,17,598
2028₹1,17,485₹44,143₹4,00,114
Jan 2028₹9,371₹4,098₹5,08,227
Feb 2028₹9,446₹4,023₹4,98,781
Mar 2028₹9,520₹3,949₹4,89,261
Apr 2028₹9,596₹3,873₹4,79,665
May 2028₹9,672₹3,797₹4,69,994
Jun 2028₹9,748₹3,721₹4,60,245
Jul 2028₹9,825₹3,644₹4,50,420
Aug 2028₹9,903₹3,566₹4,40,517
Sept 2028₹9,982₹3,487₹4,30,535
Oct 2028₹10,061₹3,408₹4,20,475
Nov 2028₹10,140₹3,329₹4,10,334
Dec 2028₹10,221₹3,248₹4,00,114
2029₹1,29,145₹32,483₹2,70,969
Jan 2029₹10,301₹3,168₹3,89,812
Feb 2029₹10,383₹3,086₹3,79,429
Mar 2029₹10,465₹3,004₹3,68,964
Apr 2029₹10,548₹2,921₹3,58,416
May 2029₹10,632₹2,837₹3,47,784
Jun 2029₹10,716₹2,753₹3,37,069
Jul 2029₹10,801₹2,668₹3,26,268
Aug 2029₹10,886₹2,583₹3,15,382
Sept 2029₹10,972₹2,497₹3,04,410
Oct 2029₹11,059₹2,410₹2,93,351
Nov 2029₹11,147₹2,322₹2,82,204
Dec 2029₹11,235₹2,234₹2,70,969
2030₹1,41,964₹19,667₹1,29,007
Jan 2030₹11,324₹2,145₹2,59,645
Feb 2030₹11,414₹2,056₹2,48,232
Mar 2030₹11,504₹1,965₹2,36,728
Apr 2030₹11,595₹1,874₹2,25,133
May 2030₹11,687₹1,782₹2,13,446
Jun 2030₹11,779₹1,690₹2,01,667
Jul 2030₹11,873₹1,597₹1,89,794
Aug 2030₹11,967₹1,503₹1,77,828
Sept 2030₹12,061₹1,408₹1,65,766
Oct 2030₹12,157₹1,312₹1,53,610
Nov 2030₹12,253₹1,216₹1,41,357
Dec 2030₹12,350₹1,119₹1,29,007
2031₹1,29,007₹5,683₹0
Jan 2031₹12,448₹1,021₹1,16,559
Feb 2031₹12,546₹923₹1,04,013
Mar 2031₹12,646₹823₹91,367
Apr 2031₹12,746₹723₹78,621
May 2031₹12,847₹622₹65,775
Jun 2031₹12,948₹521₹52,827
Jul 2031₹13,051₹418₹39,776
Aug 2031₹13,154₹315₹26,622
Sept 2031₹13,258₹211₹13,363
Oct 2031₹13,363₹106₹0

Arithmetic on your inputs, not a loan offer: lenders set their own rates, fees and margins, and the quote that matters is theirs.

The price slider spans the MG Comet EV's own range. Open a variant below and this calculator arrives with that variant's exact price already in place, on-road for your city.

EMI for every MG Comet EV variant

On-road price in Delhi and the monthly figure at 9.5% a year over 5 years with 20% down. Starting points, not quotes: the calculator recomputes them the moment you set your own numbers.

Your road tax depends on where you register. and every figure on this page moves to yours.

VariantOn-road in DelhiEMI a month
Executive Electric AT₹8.02 lakhabout ₹13,470
Excite Electric 17.3 kWh AT₹9.12 lakhabout ₹15,320
Excite Electric 17.4 kWh AT₹9.39 lakhabout ₹15,770
Exclusive Electric 17.3 kWh AT₹10.02 lakhabout ₹16,830
Exclusive Electric 17.4 kWh AT₹10.39 lakhabout ₹17,450

What goes into the on-road total? The MG Comet EV on-road price page itemises it, state by state.

The Comet EV ladder, a month at a time

Every variant, cheapest first.

  1. Executive Electric AT₹13,470
  2. Excite Electric 17.3 kWh AT₹15,320
  3. Excite Electric 17.4 kWh AT₹15,770
  4. Exclusive Electric 17.3 kWh AT₹16,830
  5. Exclusive Electric 17.4 kWh AT₹17,450
Monthly instalment at 9.5% a year over 5 years with 20% down, on the on-road price in Delhi.

Worth knowing before you sign the loan

  • From ₹13,470 to ₹17,450 a month across the ladder: the Exclusive Electric 17.4 kWh AT costs ₹3,980 a month more than the Executive Electric AT, ₹2,38,800 over the 5 years.
  • The biggest jump between neighbours on the ladder is the Executive Electric AT to the Excite Electric 17.3 kWh AT: ₹1,850 a month more for that one move up.
  • On the road in Delhi rather than ex-showroom, the Executive Electric AT's instalment is ₹13,470 a month instead of ₹13,270: ₹200 a month more, because road tax and registration are in the loan too.

What your monthly budget buys

Shopping on the instalment rather than the price? At 9.5% a year over 5 years with 20% down on the on-road price in Delhi, here is the variant each monthly budget reaches.

The top Exclusive Electric 17.4 kWh AT needs about ₹17,450 a month.

MG Comet EV EMI, answered

The monthly figure, the down payment, and which price to finance.

What is the monthly EMI for the MG Comet EV?
From about ₹13,470 a month, up to about ₹17,450 on the top variant, at 9.5% a year over 5 years with 20% down on the on-road price in Delhi. These are starting points, not quotes: your bank's rate and your own down payment move the figure, and the calculator on this page recomputes it as you set them.
Which MG Comet EV variant fits my monthly budget?
At 9.5% a year over 5 years with 20% down on the on-road price in Delhi, the Executive Electric AT is the way in at about ₹13,470 a month. From there about ₹15,500 a month reaches the Excite Electric 17.3 kWh AT, about ₹16,000 a month reaches the Excite Electric 17.4 kWh AT, about ₹17,000 a month reaches the Exclusive Electric 17.3 kWh AT, and the top Exclusive Electric 17.4 kWh AT needs about ₹17,450. Treat those as starting points rather than quotes: your own rate, tenure and down payment move every one of them, and stretching the tenure brings a dearer variant inside the same instalment at the cost of more interest overall.
How much down payment does the MG Comet EV need?
At 20% down on the on-road price in Delhi, the upfront amount runs from ₹1,60,331 on the Executive Electric AT to ₹2,07,765 on the Exclusive Electric 17.4 kWh AT. That share is yours to choose: the calculator accepts anything from 0% to 90%, and a bigger down payment trades cash today for a smaller EMI every month.
Should the MG Comet EV EMI be on the ex-showroom or the on-road price?
On-road. Ex-showroom leaves out road tax, registration and insurance, which is real money a loan usually has to cover, so every figure on this page is on the on-road price in Delhi. The city in the header decides which city that is.

Looking at a different car? The car loan EMI calculator works with any price, and the MG Comet EV page holds every variant, each carrying it pre-filled.