MG Windsor EV Now Within Reach: ₹2 Lakh Down Payment and Monthly EMI Details
JSW MG Motor has steadily built a strong presence in India’s electric vehicle space, and the MG Windsor EV stands out as one of its most popular offerings. If you’re considering bringing this EV home soon, the good news is that you can do so with a down payment of just ₹2 lakh. Let’s break down the price and monthly EMI to see how affordable it really is.
For the base variant in Delhi, buyers can expect to pay around ₹10,000 for insurance and approximately ₹73,000 towards RTO charges. Once these costs are added, the on-road price comes close to ₹14.99 lakh.
With a ₹2 lakh down payment and an EMI of around ₹20,900, the MG Windsor EV emerges as a practical and accessible option for buyers looking to switch to electric mobility. While the interest over seven years does add to the overall cost, the manageable monthly outgo, modern features, and savings on fuel and maintenance make it a compelling choice in the EV segment. For those planning a long-term, eco-friendly upgrade, the MG Windsor EV offers a balanced mix of affordability and value.
MG Windsor EV Price In India
The MG Windsor EV is priced from ₹13.99 lakh (ex-showroom), while the top-end variant goes up to ₹19.56 lakh (ex-showroom).For the base variant in Delhi, buyers can expect to pay around ₹10,000 for insurance and approximately ₹73,000 towards RTO charges. Once these costs are added, the on-road price comes close to ₹14.99 lakh.
EMI Details With ₹2 Lakh Down Payment
After paying a down payment of ₹2 lakh, the remaining loan amount comes to ₹12.99 lakh. If this amount is financed for 7 years at an interest rate of 9 percent, the monthly EMI works out to roughly ₹20,900.Total Cost Over The Loan Period
Over the full 7-year tenure, you’ll pay around ₹17.55 lakh to the bank. This means the total interest paid comes to nearly ₹4.56 lakh. In simple terms, while the EMI keeps things manageable month by month, the interest adds a noticeable amount to the overall cost of owning the MG Windsor EV.With a ₹2 lakh down payment and an EMI of around ₹20,900, the MG Windsor EV emerges as a practical and accessible option for buyers looking to switch to electric mobility. While the interest over seven years does add to the overall cost, the manageable monthly outgo, modern features, and savings on fuel and maintenance make it a compelling choice in the EV segment. For those planning a long-term, eco-friendly upgrade, the MG Windsor EV offers a balanced mix of affordability and value.
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