If you earn ₹30,000 per month and dream of owning an electric car, the MG Comet EV might be your best choice in 2025. Today, it’s one of India’s most affordable electric cars with modern features, made for city use. The biggest benefit? You can finance it with a small down payment and a monthly EMI that fits within your salary range.
On-Road Price and Easy EMI Plan
The MG Comet EV has an ex-showroom price starting from ₹7.35 lakh. Its on-road price in Delhi for the Executive base variant is around ₹7.75 lakh, including RTO charges, insurance, and other costs.
If you pay ₹1 lakh as a down payment, you’ll need to finance the remaining ₹6.75 lakh. Based on a 5-year loan tenure at a 9% annual interest rate, your monthly EMI will come to around ₹14,000.
That means if you earn ₹30,000 a month and keep other expenses under control, this EV can easily fit into your budget. Over 5 years, you may pay nearly ₹1.65 lakh as total interest.
Note: Your EMI may change slightly based on your credit score, the lender’s policy, and the dealer’s terms.
Battery Power, City Range, and Charging Time
MG Comet EV comes with a 17.3 kWh lithium-ion battery. It gives power through a single electric motor that produces 41.42 bhp and 110 Nm torque — perfect for daily city driving.
Once fully charged, this EV offers a certified range of 230 km (ARAI-tested), which is more than enough for home-to-office or daily market runs.
You can fully charge the car in about 7 hours using a standard 3.3 kW AC charger, which is included with the vehicle.
MG offers three modes to make city driving even easier: Eco, Normal and Sport so that you can adjust your performance based on road conditions and your needs.
Smart Safety and Comfort Features
Despite its budget price, the MG Comet EV doesn’t compromise on safety. It has dual front airbags, ABS with EBD, Electronic Stability Control (ESC), Hill Hold Assist, and a Tyre Pressure Monitoring System (TPMS).
For parking support, you also get a reverse parking camera. These features make it a safe and reliable option for small families, students, or office-goers.
Why MG Comet EV Is a Smart Buy
This electric car is small, easy to drive in traffic, and cheap to maintain. With fuel prices rising and traffic increasing in Indian cities, the MG Comet EV is a low-cost, eco-friendly, and future-ready option for urban users.
Source:
MG Motor India, ARAI, SBI Auto Loan Calculator
Disclaimer:
The EMI, interest rate, and on-road price may vary depending on your location, credit profile, and the car dealership. Always check with your bank or dealer for the latest offers and loan details.