What is the on-road price of an electric car under ₹50 lakh?

On-road price = ex-showroom + RTO (~9%) + insurance (~3-5%) + TCS (1% if ex-showroom > ₹10L) + registration tax. For an EV with ex-showroom ₹50 lakh, on-road typically lands at ₹56.50-59.00 lakh before state subsidy.

Are EVs cheaper on-road than petrol cars?

Yes. EVs have lower RTO tax in most states (Maharashtra, Delhi, Gujarat, Karnataka offer 0-3% road tax vs 12-15% for petrol), and several states still offer purchase subsidies of ₹10,000-₹50,000. Net on-road for an EV is often ~5-8% lower than an equivalent petrol car.

Do I need to pay TCS on an electric car?

1% TCS (Tax Collected at Source) is collected by the dealer if the ex-showroom price exceeds ₹10 lakh. This is fully refundable when you file your income tax return - it's not a real cost, just a cash-flow timing difference.

Home Electric CarsUnder ₹50 Lakh On-Road

On-Road Price India

Electric Cars Under ₹50 Lakh - On-Road Price 2026

Every electric car under ₹50 lakh with the full on-road breakdown - ex-showroom + RTO + insurance + TCS + registration, minus any state subsidies. 69 models updated for 2026.

Calculate for state:EV-friendly states (MH/DL/GJ/KA/TN) have 0% RTO on EVs

How is on-road price calculated?

Sample breakdown for a ₹50 lakh ex-showroom EV in Other state (default 9% RTO)

Ex-showroom

₹50,00,000

Manufacturer + dealer margin

RTO road tax

+ ₹4,50,000

9% of ex-showroom

TCS (1%)

+ ₹50,000

Refundable on ITR filing

Insurance (1 yr)

+ ₹1,48,750

~3.5% of IDV (EV discount applied)

Registration

+ ₹1,500

State RTO fee

State subsidy

If applicable

Final on-road

₹56.50 L

Premium over ex-showroom

+13.0%

69 EVs under ₹50 lakh - sorted by price

Vehicle	Ex-showroom	On-Road in Other	Range	Body
Porsche Cayenne Electric Porsche	₹0.00 L	₹0.01 L	-	SEDAN	View
Vayve Mobility Eva Vayve	₹3.25 L	₹3.65 L	-	HATCHBACK	View
Strom Motors R3 Strom Motors	₹4.50 L	₹5.05 L	-	SEDAN	View
PMV EaS-E PMV Electric	₹4.79 L	₹5.38 L	-	SEDAN	View
MG Comet EV MG	₹7.50 L	₹8.41 L	-	HATCHBACK	View
Tata Tiago Ev Tata	₹7.99 L	₹8.96 L	-	HATCHBACK	View
BYD Seagull BYD	₹8.00 L	₹8.97 L	-	HATCHBACK	View
Tata Punch Ev Tata	₹9.99 L	₹11.20 L	-	SUV	View
BYD Dolphin BYD	₹10.00 L	₹11.21 L	-	HATCHBACK	View
Tata Tigor EV Tata	₹12.49 L	₹14.13 L	-	SEDAN	View
Tata Nexon Ev Tata	₹12.49 L	₹14.13 L	-	SUV	View
Citroen eC3 Citroen	₹12.90 L	₹14.59 L	-	SEDAN	View
Tata Xpres-T EV Tata	₹13.04 L	₹14.75 L	-	SEDAN	View
Mahindra XUV 3X0 EV Mahindra	₹13.89 L	₹15.71 L	-	SEDAN	View
MG Windsor EV MG	₹14.00 L	₹15.83 L	-	SUV	View
Syros EV Kia	₹14.00 L	₹15.83 L	-	SUV	View
Mahindra XUV 400 Electric Mahindra	₹15.49 L	₹17.51 L	-	SEDAN	View
Mahindra Xuv400 Ev Mahindra	₹15.49 L	₹17.51 L	-	SUV	View
Urban Cruiser Ebella EV Toyota	₹16.00 L	₹18.09 L	-	SUV	View
Vinfast Vf6 Vinfast	₹16.49 L	₹18.64 L	-	SUV	View
e Vitara Maruti Suzuki	₹17.00 L	₹19.22 L	-	SUV	View
Tata Curvv Ev Tata	₹17.49 L	₹19.77 L	-	SUV	View
KIA Carens Clavis EV Kia	₹17.99 L	₹20.34 L	-	SEDAN	View
Mg Zs Ev MG	₹17.99 L	₹20.34 L	-	SUV	View
Hyundai Creta Electric Hyundai	₹18.02 L	₹20.38 L	-	SUV	View
Mahindra BE 6 Mahindra	₹18.90 L	₹21.37 L	-	SUV	View
Limo Green EV Vinfast	₹19.90 L	₹22.50 L	-	MUV	View
Mahindra XEV 9S Mahindra	₹19.95 L	₹22.55 L	-	SEDAN	View
Sierra EV Tata	₹20.00 L	₹22.61 L	-	SUV	View
Vinfast Vf7 Vinfast	₹20.89 L	₹23.62 L	-	SUV	View
Tata Harrier Ev Tata	₹21.49 L	₹24.29 L	-	SUV	View
Mahindra Xev 9e Mahindra	₹21.90 L	₹24.76 L	-	SUV	View
BYD Atto 3 BYD	₹24.99 L	₹28.25 L	-	SUV	View
BYD eMAX 7 BYD	₹26.90 L	₹30.41 L	-	SEDAN	View
4 EV MG	₹30.00 L	₹33.91 L	-	HATCHBACK	View
BYD 3 Facelift BYD	₹34.00 L	₹38.43 L	-	SUV	View
BYD Shark BYD	₹35.00 L	₹39.56 L	-	PICKUP	View
Ioniq 5 Facelift Hyundai	₹36.37 L	₹41.10 L	-	SUV	View
Pravaig Defy Pravaig	₹39.50 L	₹44.64 L	-	SEDAN	View
Volvo Ex30 Volvo	₹39.99 L	₹45.19 L	-	SUV	View
Avinya Tata	₹40.00 L	₹45.20 L	-	SUV	View
BYD Seal BYD	₹41.00 L	₹46.33 L	-	SEDAN	View
BMW X2 Electric BMW	₹42.00 L	₹47.46 L	-	SUV	View
Hyundai Ioniq 5 Hyundai	₹46.30 L	₹52.32 L	-	SEDAN	View
BYD Sealion 7 BYD	₹49.40 L	₹55.82 L	-	SUV	View
Bmw Ix1 BMW	₹49.90 L	₹56.39 L	-	SUV	View
DC2 Mercury e-TanQ DC2	₹50.00 L	₹56.50 L	-	SUV	View
Volvo EX40 Volvo	₹50.10 L	₹56.62 L	-	SEDAN	View
BMW iX1 LWB BMW	₹50.90 L	₹57.52 L	-	SEDAN	View
Mini Countryman Electric Mini	₹54.90 L	₹62.04 L	-	SEDAN	View
Volvo EC40 Volvo	₹59.00 L	₹66.67 L	-	SEDAN	View
Tesla Model Y Tesla	₹59.89 L	₹67.68 L	-	SEDAN	View
KIA EV6 Kia	₹65.97 L	₹74.54 L	-	SUV	View
Mercedes-Benz EQA Mercedes-Benz	₹67.20 L	₹75.93 L	-	SEDAN	View
Mercedes-Benz EQB Mercedes-Benz	₹72.20 L	₹81.58 L	-	SEDAN	View
BMW i5 BMW	₹119.50 L	₹135.02 L	-	SEDAN	View
Porsche Macan EV Porsche	₹121.62 L	₹137.42 L	-	SEDAN	View
KIA EV9 Kia	₹129.90 L	₹146.77 L	-	SEDAN	View
Mercedes-Benz EQS Limousine Mercedes-Benz	₹130.00 L	₹146.88 L	-	SEDAN	View
Mercedes-Benz EQS SUV EV Mercedes-Benz	₹133.50 L	₹150.84 L	-	SEDAN	View
BMW iX Electric BMW	₹139.50 L	₹157.62 L	-	SEDAN	View
Mercedes-Benz EQE Mercedes-Benz	₹141.40 L	₹159.76 L	-	SEDAN	View
Porsche Taycan Porsche	₹169.78 L	₹191.82 L	-	SEDAN	View
BMW i7 BMW	₹205.00 L	₹231.61 L	-	SEDAN	View
Lotus Emeya Lotus	₹233.51 L	₹263.82 L	-	SEDAN	View
Mercedes-Benz Maybach EQS SUV EV Mercedes-Benz	₹240.00 L	₹271.15 L	-	SEDAN	View
Mercedes-Benz G Class Electric Mercedes-Benz	₹310.00 L	₹350.24 L	-	SEDAN	View
Lotus Emira Lotus	₹322.32 L	₹364.15 L	-	SEDAN	View
GMC Hummer EV GMC	₹385.00 L	₹434.97 L	-	SEDAN	View

On-road prices are estimates. Final dealer quote may vary by ±2-3% based on accessories, hypothecation charges, and exact RTO fees.

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All EVs under ₹50 L Best picks under ₹50 L Total cost calculator (5 yrs)EMI calculator

Electric Cars Under ₹50 Lakh - On-Road Price 2026

How is on-road price calculated?

69 EVs under ₹50 lakh - sorted by price

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FAQs - On-road price under ₹50 lakh