Best electric cars under Rs. 10 lakh

Go eco-friendly with the best electric cars under Rs. 15 lakh that you can consider buying.
Best electric cars under Rs. 10 lakh
3 min
21-March-2024

Electric cars are becoming more popular in India. Buyers now look for cleaner mobility, lower running costs, and smooth driving comfort. An electric car produces zero tailpipe emissions and offers silent performance.

If you are planning to buy an electric car under Rs. 10 lakh, there are practical and affordable options available. Switching to electric mobility becomes easier when you plan finances smartly. A car loan can help you spread the cost into manageable monthly instalments instead of paying the full amount upfront.

Thinking about making the switch to electric? Check your pre-approved new car loan offer and see how close you are to owning your EV.

Let us explore some of the best electric cars available under Rs. 10 lakh.

List of top electric cars under Rs. 10 lakh in India

Below are the popular electric models that fit within this budget.

Model name

Ex-showroom price (starting at)*

MG Comet EV

Rs. 7.50 lakh

Tata Tiago EV

Rs. 7.99 lakh

Tata Punch EV

Rs. 9.69 lakh


*Prices are ex-showroom and may vary by city.

To plan your down payment more realistically, you can check your new car loan eligibility and then decide which model fits best.

Let’s explore these picks and see which one fits your needs:

  1. MG Comet EV: The MG Comet EV is a smart electric hatchback perfect for busy city roads. It offers a certified range of 230 km on a single full charge. You get advanced features like a floating twin display and wireless phone connectivity. This car is very easy to park and navigate through tight urban spaces. It is a fantastic choice for those who want a modern and eco-friendly city car.
  2. Tata Tiago EV: The Tata Tiago EV is a popular electric hatchback known for its reliable performance. It offers a driving range between 250 km and 315 km on one charge. You get a comfortable cabin with automatic climate control and a smart touchscreen system. The car features multiple driving modes to suit your personal style. It remains a top pick for its solid build and great efficiency.
  3. Tata Punch EV: The Tata Punch EV is a bold electric SUV that stands out on the road. It provides a strong performance with a certified range of up to 365 km. This SUV offers a very high seating position and a modern touchscreen for your data. You can enjoy a smooth drive with advanced safety features like six airbags as standard. It is a brilliant choice for both city commutes and weekend trips.

Why choose an electric car?

Electric cars offer lower running costs compared to petrol or diesel cars. Charging costs are generally lower than fuel expenses. Maintenance requirements are also reduced due to fewer moving parts.

These cars provide smooth acceleration and silent driving. They also support environmentally conscious living.

When planning your purchase, consider charging access, daily travel distance, and long-term savings.

Want to understand your borrowing capacity? Check your new car loan eligibility and plan your electric car purchase with confidence.

Why choose Bajaj Mall for your electric car purchase

Finding the right electric car becomes easier when you can compare options in one place. Bajaj Mall allows you to explore different EV models, review specifications, and compare prices online.

Smart filters help you shortlist cars based on budget and range. Once you finalise your choice, booking becomes simple with Bajaj Finserv New Car Loan support.

The loan offers:

  • Up to 100% on-road price funding
  • Attractive car loan interest rates
  • Flexible repayment tenures
  • Minimal documentation and quick approval

The car loan EMI calculator helps you manage your monthly payments clearly.

Ready to switch to electric mobility? Check your pre-approved new car loan offer and take the next step towards owning your EV.

Note: Driving range figures are as per ARAI certification and may vary based on driving conditions.

Frequently asked questions 

Which are the upcoming electric cars under Rs. 10 lakh in India?

Several new models are expected to enter the affordable electric segment soon. These include the MG Bingo EV and the VinFast VF3. These upcoming cars aim to offer more choices for buyers looking for compact and eco-friendly city commuters.

Which are the latest electric cars under Rs. 10 lakh in India?

The most recent electric car launches in this price bracket include the Tata Punch EV and the MG Comet EV. The Tata Tiago EV also remains a fresh and popular choice for those seeking a modern and practical electric hatchback.

Which are the economical electric cars under Rs. 10 lakh?

The MG Comet EV and the Tata Tiago EV are currently the most budget-friendly electric cars available. The Tata Punch EV also offers an affordable entry point. these models provide low running costs and are ideal for daily city driving.

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