MG 5 EV Price in Mumbai
Latest on-road price, ex-showroom, RTO, insurance, and EMI options for the MG 5 EV in Mumbai. Updated for 2026.
Starting on-road price
₹26.73 L
Estimated based on state RTO & insurance
Ex-showroom
₹27.00 L
RTO + Reg.
₹0
Waived in Maharashtra
Insurance
₹94,500
EV Subsidy
- ₹1.25 L
Maharashtra EV Policy
MG 5 EV on-road price breakdown
All charges for Mumbai (Maharashtra)
in Mumbai, Maharashtra · estimated
Monthly EMI
5 years · 9.5% p.a. · 20% down
₹44,910/mo
25+ banks · approval in 24 hours
All MG 5 EV variant prices in Mumbai
Compare every variant side by side
| Variant | Ex-showroom | RTO | Insurance | On-road Price |
|---|---|---|---|---|
1Standard | ₹27,00,000 | ₹0 | ₹94,500 | ₹26,73,000 |
Why does on-road price differ by city?
RTO charges, road tax, registration fees, and insurance vary by state. Mumbai's Maharashtra EV policy directly impacts your final cost.
EV tax benefits
Up to ₹1.5 lakh deduction under Section 80EEB. Many states waive road tax + registration fees entirely for EVs.
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