Top Electric Cars Under 10 Lakh: The EV market in India is expanding rapidly, and there are now several affordable options available under 10 lakh that offer impressive performance, great features, and long-term savings. Whether you’re looking for a compact city car or a family-friendly ride, there’s an electric car to fit your needs and budget. In this article, we’ll explore the top electric cars under 10 lakh that combine efficiency, eco-friendliness, and affordability helping you drive into a greener future without compromising on value.
Top Electric Cars Under 10 Lakh
Under 10 Lakh Electric Car Detail’s
Here is a select of top electric cars under 10 lakh in India, offering great performance, features, and affordability:
Tata Punch EV
The New Tata Punch EV, announced on 20 February 2026, is Tata Motors’ inaugural electric micro-SUV. Built on the advanced Gen 2 Act. EV platform, it represents a major milestone in Tata’s expanding electric vehicle lineup.
Key Features
- Price: 9.69 -12.59 lakh
- Battery Options: 30 kWh, 40 kWh
- Range: 260-275 km
- Charging Time: 7.2 kW AC: 3.5 hours, 3.3 kW AC: 9 hours (AC Home Charging) DC Fast Charging (50 kW): 10-80% in 56 mins
Tata Punch EV Price (Ex-Showroom) 2026
| Variant | Ex-Showroom Price |
| Punch EV Smart 30 (Base Model) 30 kWh, 260-275 km, 87 bhp | ₹9.69 Lakh |
| Punch EV Smart Plus 30 30 kWh, 260-275 km, 87 bhp | ₹10.29 Lakh |
| Punch EV Smart Plus 40 40 kWh, 335-350 km, 127 bhp | ₹10.89 Lakh |
| Punch EV Adventure 40 40 kWh, 335-350 km, 127 bhp | ₹11.59 Lakh |
| Punch EV Empowered 40 40 kWh, 335-350 km, 127 bhp | ₹12.29 Lakh |
| Punch EV Empowered Plus S 40 (Top Model) 40 kWh, 335-350 km, 127 bhp | ₹12.59 Lakh |
MG Comet EV
The MG Comet EV is a small, intelligent electric vehicle tailored for urban commuting in India. It was introduced on April 26, 2023.
Key Features
- Price: ₹ 7.80 -10.07 Lakh
- Battery Options: 17.3 kWh
- Range: 230 km on a single charge (ARAI-Certified)
- Performance: 0–100 km/h: Eco mode: 23.87 seconds
- Charging Time: 0–100% 7 hours (3.3 kW AC).
MG Comet EV Price(Ex-Showroom) 2026
| Variant | Ex-Showroom Price |
| MG Comet EV Exclusive FC (Top Model) 17.4 kWh, 230 km, 41.42 bhp | ₹10.07 Lakh |
| MG Comet EV Executive (Base Model) 17.3 kWh, 230 km, 42 bhp | ₹7.80 Lakh |
| MG Comet EV Excite 17.3 kWh, 230 km, 41.42 bhp | ₹8.90 Lakh |
| MG Comet EV Excite FC 17.4 kWh, 230 km, 41.42 bhp | ₹9.17 Lakh |
| MG Comet EV Exclusive 17.3 kWh, 230 km, 41.42 bhp | ₹9.80 Lakh |
| MG Comet EV Blackstorm Edition 17.4 kWh, 230 km, 42 bhp | ₹10 Lakh |
Tata Tiago EV
The Tata Tiago EV is India’s most affordable electric hatchback, offering a blend of style, performance, and sustainability. Launched in September 2022, it has quickly become a popular choice for urban commuters seeking an eco-friendly alternative without compromising on features.
Key Features
- Price: ₹6.99 – 9.99 Lakh
- Battery Options: 19.2 kWh, 24 kWh
- Range: 285 km (ARAI certified) 24 kWh
- Performance: 0–60 km/h 6.2 seconds 45 kW Motor Power
- Charging Time: 3.3 kW AC 0% to 80% battery capacity in approximately 58 minutes (Fast Charging)
Tata Tiago EV Price (Ex-Showroom) 2026
| Variant | Ex-Showroom Price |
| Tiago EV Smart 19 (Base Model) 19.2 kWh, 226 km | ₹6.99 Lakh |
| Tiago EV Pure Plus 19 19.2 kWh, 226 km | ₹8.49 Lakh |
| Tiago EV Pure Plus 24 24 kWh, 285 km | ₹9.49 Lakh |
| Tiago EV Creative Plus 24 (TopModel) 24 kWh, 285 km | ₹9.99 Lakh |
Top Electric cars under 10 lakh Emi Plans 2026
Electric cars under ₹10 lakh are ideal for budget buyers because they offer low running cost and affordable emi options. popular models include tata punch ev, mg comet ev, and tata tiago ev, which are among the most affordable electric cars in india. these cars provide city-friendly driving range and modern features at a low ownership cost. with a 5-year loan tenure, around 10% down payment, and about 9.5% interest rate, the monthly emi usually ranges between ₹12,000 and ₹22,000 depending on the car price and loan amount.
| Car model | On-road price (₹) | Down payment (₹) | Interest rate | Emi (5 years) |
| Tata punch ev | 9,69,000 | 1,01,000 | 9.5% | 19,320 |
| Mg comet ev | 8,55,500 | 81,000 | 9.5% | 15,483 |
| Tata tiago ev | 7,30,000 | 84,005 | 9.5% | 13,700 |
Emi calculation assumption: 10% down payment, 9.5% interest rate, 5-year tenure (car dekho emi calculator basis). car dekho allows interest rate selection from around 8% to 18%, and emi depends on on-road price and loan tenure.
Financing Partners
- ICICI Bank: Offers car loans with interest rates starting from 9.1% per annum, providing up to 100% on-road funding assistance.
- Axis Bank, HDFC Bank, Union Bank of India: Given competitive interest rates & flexible repayment options for Tata Tiago EV buyers.