MG Comet EV on-road price in Gwalior
₹8,37,207 to ₹10,84,592 on the road5 variants
EMI from about ₹14,070 a month on the Gwalior on-road price, at 9.5% a year over 5 years with 20% down.
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
All 5 variants priced in Gwalior
| Variant | Ex-showroom | On-road in Gwalior |
|---|---|---|
| Executive Electric AT | ₹7.90L | ₹8,37,207 |
| Excite Electric 17.3 kWh AT | ₹9.00L | ₹9,52,157 |
| Excite Electric 17.4 kWh AT | ₹9.27L | ₹9,80,372 |
| Exclusive Electric 17.3 kWh AT | ₹9.90L | ₹10,46,207 |
| Exclusive Electric 17.4 kWh AT | ₹10.17L | ₹10,84,592 |
What the road adds in Gwalior, variant by variant
Cheapest on the road first. The orange is Madhya Pradesh's own share.
- Executive Electric AT₹8,37,207+6%
₹7,90,000 ex-showroom, Madhya Pradesh takes ₹35,550, everything else ₹11,657
- Excite Electric 17.3 kWh AT₹9,52,157+6%
₹9,00,000 ex-showroom, Madhya Pradesh takes ₹40,500, everything else ₹11,657
- Excite Electric 17.4 kWh AT₹9,80,372+6%
₹9,27,000 ex-showroom, Madhya Pradesh takes ₹41,715, everything else ₹11,657
- Exclusive Electric 17.3 kWh AT₹10,46,207+6%
₹9,90,000 ex-showroom, Madhya Pradesh takes ₹44,550, everything else ₹11,657
- Exclusive Electric 17.4 kWh AT₹10,84,592+7%
₹10,17,000 ex-showroom, Madhya Pradesh takes ₹45,765, everything else ₹21,827
Worth knowing before you sign
- On the MG Comet EV Executive Electric AT, Gwalior is 7th dearest of 17 states: ₹35,550 over Mizoram and ₹47,400 under Bihar.
Comet EV rivals on the road in Gwalior
The cheapest way into this group in Gwalior is the Hyundai i20, from ₹6,67,250 on the road, ₹1,69,957 under the Comet EV's ₹8,37,207. Each figure is that car's cheapest variant on the road in Gwalior, on the same Madhya Pradesh road tax.
The Comet EV in its colours
Starry Black
Vehicle images: MG Motor India official media assets (mgmotor.co.in)
How the Executive Electric AT's ₹8,37,207 breaks down
Getting it on the road in Gwalior adds ₹47,207 to the ex-showroom price, and road tax is the biggest part of that.
- Ex-showroom price
- ₹7,90,000
- Road tax (4.5% electric-car rate)
- ₹35,550
- Registration fee (exempt for electric cars)
- ₹0
- Third-party insurance (3 years, incl. 18% GST)
- ₹10,672
- 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
- ₹8,37,207
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
- 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
Comet EV on-road price in other cities
See 21 other cities
Questions buyers ask
What is the MG Comet EV on-road price in Gwalior?
Between ₹8,37,207 for the Executive Electric AT and ₹10,84,592 for the Exclusive Electric 17.4 kWh AT, as of October 2026. That covers 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 MG Comet EV in Gwalior?
₹35,550 on the Executive Electric AT at ₹7.90L 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 MG Comet EV 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.