Vehicle Financing Scheme In the EV market, JSW MG sells the MG Windsor EV. How much EMI can you afford each month to purchase an EV category vehicle if you intend to get its Pro model and bring it home with a down payment of only Rs 2 lakh? Let’s investigate.
JSW MG Motors, a British automaker, offers cars in a variety of market niches in India. The MG Windsor Pro EV was just introduced by the manufacturer in India. If you also intend to purchase it, you can do so by paying the monthly installments after making a down payment of Rs 2 lakh. In this news, we are informing you.

The cost of the MG Windsor Pro EV
The base Windsor Pro EV model is available from MG Motors for Rs 17.49 lakh ex-showroom. It costs about Rs 18.40 lakh on the road if you purchase it in Delhi. You will need to spend Rs 73464 for insurance in addition to the ex-showroom price of Rs 17.49 lakh. In addition, there will be a TCS fee of Rs 17498. Its on-road cost then rises to Rs 18.40 lakh.
How much will the vehicle cost?
You will have to pay an EMI of Rs 26398 every month for seven years if you take out a car loan from the bank for Rs 16.40 lakh at a nine percent interest rate. In this case, the interest on the MG Windsor Pro EV will be approximately Rs 5.76 lakh over seven years. After that, the entire cost of the automobile, including ex-showroom, on-road, and interest, will come to about Rs 24.17 lakh.

Who is going to compete with
The Windsor Pro EV is an electric car that JSW MG has introduced. Although there are many SUVs on the market that compete with it, electric SUVs like the Mahindra BE6, Hyundai Creta EV, and Tata Curvv EV are its main rivals.
Read More: Need a personal loan? Get ₹5L using just your PAN card instantly.

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