Mg M9 Price in Indore
Latest on-road price, ex-showroom, RTO, insurance, and EMI options for the Mg M9 in Indore. Updated for 2026.
Starting on-road price
₹72.97 L
Ex-showroom
₹69.90 L
RTO + Reg.
₹0
Waived in Madhya Pradesh
Insurance
₹2.87 L
EV Subsidy
- ₹50,000
Madhya Pradesh EV Policy
Mg M9 on-road price breakdown
All charges for Indore (Madhya Pradesh)
in Indore, Madhya Pradesh · verified
Monthly EMI
5 years · 9.5% p.a. · 20% down
₹1,22,596/mo
25+ banks · approval in 24 hours
All Mg M9 variant prices in Indore
Compare every variant side by side
| Variant | Ex-showroom | RTO | Insurance | On-road Price |
|---|---|---|---|---|
1MG M9 Presidential Limo | ₹69,90,001 | ₹0 | ₹2,86,820 | ₹72,96,721 |
Why does on-road price differ by city?
RTO charges, road tax, registration fees, and insurance vary by state. Indore's Madhya Pradesh 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.
Get the best dealer offer
Connect with authorised MG dealers in Indore for exclusive corporate, exchange, and finance offers.
Ready to own the Mg M9 in Indore?
Get the lowest dealer quote, finance offers, and a free home test drive in Indore.