MG Comet EV : Looking for an affordable electric car that fits your budget and lifestyle? The MG Comet EV might just be your perfect match. With a pocket-friendly EMI plan starting at just ₹4,999, owning a stylish and efficient electric car has never been easier. Whether you are a student, urban commuter, or someone exploring green mobility, this offer is bound to catch your attention.
In this article, we’ll break down the MG Comet EV EMI plan in detail, cover its features, specifications, and cost breakdown, and explain why this car is emerging as one of the top choices in India’s electric vehicle segment.
Why MG Comet EV is the Perfect Budget EV Choice
The MG Comet EV has created a buzz in the Indian automotive market for being one of the most compact, affordable, and city-friendly electric cars. With futuristic design, compact size, and smart features, it caters perfectly to daily commuters in urban settings.
Key highlights:
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- Budget-friendly monthly EMI starting at ₹4,999
- Low maintenance and fuel costs
- Smart infotainment system with voice commands
- Compact design ideal for crowded city roads
- Zero tailpipe emissions – eco-friendly choice
MG Comet EV EMI Plan Details – Just ₹4,999 Per Month
MG has introduced an easy-on-the-pocket EMI plan for the Comet EV to attract young buyers, working professionals, and environmentally conscious customers. The plan is designed to reduce the burden of upfront costs and make EVs more accessible to the masses.
EMI Plan Highlights:
| Particulars | Details |
|---|---|
| Model | MG Comet EV |
| Starting EMI | ₹4,999 per month |
| Loan Tenure | Up to 7 years |
| Down Payment | ₹55,000 onwards |
| Interest Rate | Starting from 9.5% per annum |
| Ex-showroom Price | ₹6.99 lakh (approx) |
| On-road Price | ₹7.5 lakh – ₹8.0 lakh (varies) |
| Processing Fee | As applicable by lender |
Note: The EMI and loan terms may vary based on location, bank, and individual credit profile.
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MG Comet EV – Variants and On-Road Price
The MG Comet EV is available in multiple variants to suit different budgets and feature preferences. Here’s a breakdown of variant-wise pricing and key features:
| Variant | Ex-showroom Price | Key Features |
|---|---|---|
| Pace | ₹6.99 lakh | Manual AC, LED DRLs, Dual airbags, ABS, Smart key |
| Play | ₹7.29 lakh | Touchscreen infotainment, Steering-mounted controls, Rear camera |
| Plush | ₹7.79 lakh | 10.25” infotainment, Alloy wheels, Wireless Android Auto/Apple CarPlay |
On-road prices may differ based on state-level subsidies and registration charges.
Battery, Range & Performance – Is It Enough for Daily Use?
One of the top concerns among EV buyers is range and charging time. MG Comet EV manages to deliver a practical balance of both.
Battery and Range Details:
| Specification | Value |
|---|---|
| Battery Capacity | 17.3 kWh Li-ion |
| Driving Range | Up to 230 km per charge (IDC cycle) |
| Motor Power | 42 PS (31 kW) |
| Torque | 110 Nm |
| Top Speed | Approx. 100 km/h |
| Charging Time | 7 hours (0-100% using 3.3 kW charger) |
| Fast Charging | Not available (only AC charging supported) |
This range is ideal for intra-city commuting, office runs, and short weekend getaways.
Cost of Ownership – How Much Do You Actually Save?
Apart from the low EMI, MG Comet EV offers substantial savings in running costs when compared to petrol/diesel vehicles.
| Expense Category | Petrol Car (per month) | MG Comet EV (per month) |
|---|---|---|
| Fuel/Charging | ₹5,000 – ₹6,000 | ₹600 – ₹800 |
| Maintenance | ₹2,000 – ₹3,000 | ₹500 – ₹1,000 |
| Insurance | ₹1,500 – ₹2,000 | ₹1,000 – ₹1,200 |
| Total Monthly Cost | ₹8,500 – ₹11,000 | ₹2,100 – ₹3,000 |
Estimated annual savings can go up to ₹60,000 – ₹80,000, depending on usage.
MG Comet EV Features – Compact Yet Fully Loaded
Don’t let the small size fool you – the Comet EV packs a punch when it comes to smart features and comfort.
Top features include:
- 10.25” touchscreen infotainment system
- Android Auto & Apple CarPlay support
- Digital driver display
- i-Smart voice command
- Reverse parking camera with sensors
- LED lighting front and rear
- ABS with EBD
- Dual front airbags
Its tech-loaded interior and futuristic dashboard design give it a premium feel.
Government Subsidies & Tax Benefits on EVs
To promote electric vehicle adoption, both central and state governments in India offer various incentives:
- FAME-II Subsidy: ₹10,000 per kWh (up to ₹1.5 lakh in some states)
- Road tax exemption in several states
- Income tax deduction up to ₹1.5 lakh on EV loan interest (Section 80EEB)
- Registration fee waivers in EV-friendly states
These benefits make the MG Comet EV even more affordable, especially in states like Delhi, Maharashtra, Karnataka, and Tamil Nadu.
Should You Buy MG Comet EV?
The MG Comet EV is not just a car; it’s a smart urban mobility solution. Whether you’re a college student, a professional looking for a city commute car, or someone switching to EVs for sustainability, this car ticks many boxes.
Reasons to Consider MG Comet EV:
- Attractive EMI of ₹4,999 makes it accessible
- Low running and maintenance cost
- Modern design with smart features
- Easy to drive in congested traffic
- Government incentives make it even more affordable
However, if your commute involves highways or long-distance travel often, its range limitations may be a concern.
MG Comet EV’s ₹4,999 EMI plan brings electric mobility within reach of the average Indian buyer. With rising fuel prices and increased awareness about sustainable living, this small EV offers a big leap into the future of personal transportation.
Before buying, always compare loan offers from different banks, check eligibility, and explore local government subsidies. And most importantly, take a test drive to see if it suits your lifestyle.
The prices, EMI amounts, and benefits mentioned in this article are indicative and subject to change based on region, bank terms, and official policies. Always consult with authorized MG dealerships and financial advisors for the latest and most accurate information.
