Hop Electric
Hop Electric LEO on-road price in Ratlam
₹92,381 on-road for the base variant, against ₹84,360 ex-showroom.
On the road in Ratlam the base LEO comes to ₹92,381: ₹84,360 ex-showroom, ₹3,374 in Madhya Pradesh road tax and registration (4%), ₹4,647 for first-year insurance. Dealers add handling and accessory packs on top; both are negotiable.
That is ₹3,347 more than in Delhi (₹89,034), mostly because Madhya Pradesh charges 4% in road tax and registration against Delhi's 0%.
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 ₹92,381.
Ratlam ranks 146 of 189 RTO cities for the LEO's on-road price, from cheapest to dearest, ₹3,374 above Ahmedabad and ₹6,749 below Visakhapatnam. 32 states register it for less than Madhya Pradesh does.
Charging at Madhya Pradesh's domestic tariff of about ₹7.5/unit, running cost is roughly ₹0.13 per km, or ₹98 a month at 30 km a day.
All variants on-road in Ratlam
| Variant | Ex-showroom | RTO | Insurance | On-road |
|---|---|---|---|---|
| Basic | ₹84,360 | ₹92,381 | ||
| Extended | ₹97,504 | ₹1,07,774 |
Dealer quotes for Ratlam; last checked 2026-09-07. Extras such as accessory packs and PDI are included where the dealer lists them.
Where the money goes
| Ex-showroom priceBasic variant, Ratlam list price | ₹84,360 |
|---|---|
| Road tax and registration (Madhya Pradesh RTO)4% of ex-showroom, paid once | ₹3,374 |
| Insurance, first yearOwn-damage cover plus the mandatory five-year third-party premium | ₹4,647 |
| On-road price | ₹92,381 |
Rivals on-road in Ratlam
Base variants, same RTO, so the ranking is fair.
EMI in Ratlam
EMI calculator
On an estimated on-road price of ₹92,381 for the LEO.
- Monthly EMI
- ₹2,660
- Loan amount
- ₹83,143
- Total interest
- ₹12,617
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.
The fullest picture for Madhya Pradesh is on the LEO on-road price in Indore page, the state's largest RTO.
Other cities
Every RTO city in India. Type a town and pick from the list.
| City | RTO share | On-road price |
|---|---|---|
| DelhiDelhi | 0% | ₹89,034 |
| ChandigarhChandigarh | 2% | est.₹90,000 |
| AhmedabadGujarat | 0% | ₹89,007 |
| BengaluruKarnataka | 3.4% | ₹91,928 |
| MumbaiMaharashtra | 0% | ₹89,034 |
| Navi MumbaiMaharashtra | 0% | ₹89,034 |
| PuneMaharashtra | 0% | ₹89,034 |
| ChennaiTamil Nadu | 0% | ₹89,034 |
| HyderabadTelangana | 2.6% | ₹91,204 |
| KolkataWest Bengal | 0% | ₹89,034 |
Ratlam is one of 189 RTO cities on the LEO price page.
LEO in Ratlam: questions people ask
- What is the on-road price of the LEO in Ratlam?
- ₹92,381 for the base Basic and up to ₹1,07,774 for the Extended, including Madhya Pradesh road tax, registration and first-year insurance. The figures come from Ratlam 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 LEO in Madhya Pradesh?
- ₹3,374 on the base variant, which is 4% of the ex-showroom price. That covers road tax, registration and the number plate, and is paid once at registration.
- Is the LEO cheaper in Ratlam or Delhi?
- Delhi, by about ₹3,347, because Madhya Pradesh road tax is higher. You must register where you live, so this is not a saving you can chase.
LEO from
₹84,360