Ampere
Ampere Magnus Neo on-road price in Indore
₹1.01 Lakh on-road for the base variant, against ₹90,999 ex-showroom.
On the road in Indore the base Magnus Neo comes to ₹1.01 Lakh: ₹90,999 ex-showroom, ₹5,140 in Madhya Pradesh road tax and registration (5.6%), ₹5,016 for first-year insurance. Dealers add handling and accessory packs on top; both are negotiable.
That is ₹3,606 more than in Delhi (₹97,549), mostly because Madhya Pradesh charges 5.6% in road tax and registration against Delhi's 1.6%.
Elsewhere in Madhya Pradesh the figure is the same to within a few hundred rupees: registration rules are set by the state, so Bhopal, Dewas and Gwalior all land at about ₹1.01 Lakh.
Charging at Madhya Pradesh's domestic tariff of about ₹7.5/unit, running cost is roughly ₹0.24 per km, or ₹184 a month at 30 km a day.
All variants on-road in Indore
| Variant | Ex-showroom | RTO | Insurance | On-road |
|---|---|---|---|---|
| Neo | ₹90,999 | ₹1,01,155 |
Dealer quotes for Indore via BikeWale, used under licence; last checked 2026-09-06. Extras such as accessory packs and PDI are included where the dealer lists them.
Where the money goes
| Ex-showroom priceNeo variant, Indore list price | ₹90,999 |
|---|---|
| Road tax and registration (Madhya Pradesh RTO)5.6% of ex-showroom, paid once | ₹5,140 |
| Insurance, first yearOwn-damage cover plus the mandatory five-year third-party premium | ₹5,016 |
| On-road price | ₹1,01,155 |
Rivals on-road in Indore
Base variants, same RTO, so the ranking is fair.
EMI in Indore
EMI calculator
On an estimated on-road price of ₹1,01,155 for the Magnus Neo.
- Monthly EMI
- ₹2,920
- Loan amount
- ₹91,040
- Total interest
- ₹14,081
Indicative only. Lenders add a processing fee (usually 1–3%) and quote rates by credit score; banks are typically cheaper than dealer-tied NBFCs.
Elsewhere in Madhya Pradesh
Same Madhya Pradesh road-tax rule; the small differences are dealer pricing.
Other cities
Every RTO city in India. Type a town and pick from the list.
| City | RTO share | On-road price |
|---|---|---|
| DelhiDelhi | 1.6% | ₹97,549 |
| ChandigarhChandigarh | 1.6% | ₹97,515 |
| AhmedabadGujarat | 2.6% | ₹98,459 |
| BengaluruKarnataka | 1.6% | ₹97,549 |
| MumbaiMaharashtra | 1.6% | ₹97,549 |
| Navi MumbaiMaharashtra | 1.6% | ₹97,549 |
| PuneMaharashtra | 1.6% | ₹97,549 |
| ChennaiTamil Nadu | 1.6% | ₹97,549 |
| HyderabadTelangana | 1.6% | ₹97,549 |
| KolkataWest Bengal | 1.6% | ₹97,549 |
Indore is one of 189 RTO cities on the Magnus Neo price page.
Magnus Neo in Indore: questions people ask
- What is the on-road price of the Magnus Neo in Indore?
- ₹1,01,155 for the base Neo, including Madhya Pradesh road tax, registration and first-year insurance. The figures come from Indore dealer quotes and were last checked in 2026-09. Handling and accessory packs can add a few thousand rupees.
- How much is RTO on the Magnus Neo in Madhya Pradesh?
- ₹5,140 on the base variant, which is 5.6% of the ex-showroom price. That covers road tax, registration and the number plate, and is paid once at registration.
- Is the Magnus Neo cheaper in Indore or Delhi?
- Delhi, by about ₹3,606, because Madhya Pradesh road tax is higher. You must register where you live, so this is not a saving you can chase.
Magnus Neo from
₹90,999