MG Comet EV Car Loan EMI Calculator
MG Comet EV EMI starts at 14,189 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.40 Lakh. MG Comet EV price starts at ₹ 7.40 Lakh and goes up to ₹ 10.17 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
Executive
City
Mumbai
Adjust Comet EV Car Loan Parameters
On-Road Price
₹ 7,39,505₹ 14,189 for 5 Years
MG Comet EV Loan Repayment Schedule
This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 1,18,577 | ₹ 51,691 | ₹ 5,81,223 |
24 | ₹ 1,28,416 | ₹ 41,852 | ₹ 4,52,807 |
36 | ₹ 1,39,076 | ₹ 31,192 | ₹ 3,13,731 |
48 | ₹ 1,50,620 | ₹ 19,648 | ₹ 1,63,111 |
60 | ₹ 1,63,111 | ₹ 7,148 | ₹ 0 |
MG Comet EV EMI
MG Comet EV Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 39,705
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
Executive ₹ 7,39,505 | ₹39,705 | ₹14,189 |
Excite ₹ 8,54,558 | ₹46,558 | ₹16,383 |
Excite FC ₹ 9,04,034 | ₹48,234 | ₹17,353 |
Exclusive ₹ 9,61,997 | ₹50,197 | ₹18,488 |
Exclusive FC ₹ 10,00,294 | ₹51,494 | ₹19,238 |
100-Year Edition ₹ 10,16,855 | ₹52,055 | ₹19,563 |
Exclusive FC with value added kit ₹ 9,89,943 | ₹51,143 | ₹19,035 |
Check Car Loan EMIs of MG Comet EV Similar Cars
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On-Road Price, Mumbai
Explore more about MG Comet EV
Comet EV EMI FAQs
Here is how - MG Comet EV price starts from ₹ 7,39,505 in Mumbai. If you pay a down payment of ₹ 39,705 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 14,189.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Mumbai | Max Loan |
---|---|---|
Executive | ₹ 7,39,505 | ₹ 6,99,800 |
Excite | ₹ 8,54,558 | ₹ 8,08,000 |
Excite FC | ₹ 9,04,034 | ₹ 8,55,800 |
Exclusive | ₹ 9,61,997 | ₹ 9,11,800 |
Exclusive FC | ₹ 10,00,294 | ₹ 9,48,800 |
100-Year Edition | ₹ 10,16,855 | ₹ 9,64,800 |
Exclusive FC with value added kit | ₹ 9,89,943 | ₹ 9,38,800 |
As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for Comet EV Executive will be ₹ 11,526 but you will have to pay interest of ₹ 2,68,384 over the period of 7 years.
- 2. If you select a lower tenure loan, let's say 3 years, your EMI amount will be higher at ₹ 23,173, but your interest payment will be only ₹ 1,34,428 over the 3 years period.