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MG Windsor EV Price and EMI: ₹15.52 Lakh On-Road Cost, ₹2 Lakh Down Payment and Loan Details
Automaker MG Motors sells the MG Windsor EV in the Indian market. If you're considering buying the base variant of this electric car, how much EMI can you pay each month after making a down payment of just ₹2 lakh? Let's find out.
MG Motors, the automaker, sells cars in various segments of the Indian market. MG Windsor EV is one such model from MG Motors that is available for purchase. If you too plan to buy this car, then what would be your monthly EMI after making a down payment of ₹2 lakh? We are telling you all about that here.
The base model of the Windsor EV is available at an ex-showroom price of ₹14.70 lakh. The on-road price in Delhi will be around ₹15.52 lakh. This consists of the ex-showroom price of ₹14.70 lakh, ₹4,600 as registration and ₹63,000 as insurance. In addition to this, you will have to pay ₹14,000 as TCS charges making the on-road price ₹15.52 lakh.
On purchasing the base model of this car, the bank will finance its ex-showroom price. Therefore, after paying a down payment of ₹2 lakh, you will need to finance around ₹13.52 lakh from the bank. When the bank gives a loan of ₹13.52 lakh for seven years at 9% interest, you will have to pay just ₹22,982 EMI per month for the next seven years.
