Hop Electric
Hop Electric OXO on-road price in Ratlam
₹1.43 Lakh on-road for the base variant, against ₹1.34 Lakh ex-showroom.
On the road in Ratlam the base OXO comes to ₹1.43 Lakh: ₹1,28,999 ex-showroom, ₹6,860 in Madhya Pradesh road tax and registration (5.3%), ₹6,673 for first-year insurance. Dealers add handling and accessory packs on top; both are negotiable.
That is ₹5,309 more than in Delhi (₹1,37,223), mostly because Madhya Pradesh charges 5.3% in road tax and registration against Delhi's 1.2%.
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 ₹1.43 Lakh.
Ratlam ranks 135 of 189 RTO cities for the OXO's on-road price, from cheapest to dearest, ₹5,360 above Chandigarh and ₹10,720 below Visakhapatnam. 23 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 ₹0.22 per km, or ₹172 a month at 30 km a day.
All variants on-road in Ratlam
| Variant | Ex-showroom | RTO | Insurance | On-road |
|---|---|---|---|---|
| Standard | ₹1,28,999 | ₹1,42,532 | ||
| X | ₹1,61,999 | ₹1,77,206 |
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 priceStandard variant, Ratlam list price | ₹1,28,999 |
|---|---|
| Road tax and registration (Madhya Pradesh RTO)5.3% of ex-showroom, paid once | ₹6,860 |
| Insurance, first yearOwn-damage cover plus the mandatory five-year third-party premium | ₹6,673 |
| On-road price | ₹1,42,532 |
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 ₹1,42,532 for the OXO.
- Monthly EMI
- ₹4,110
- Loan amount
- ₹1,28,279
- Total interest
- ₹19,681
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 OXO 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 | 1.2% | ₹1,37,223 |
| ChandigarhChandigarh | 1.2% | ₹1,37,172 |
| AhmedabadGujarat | 2.2% | ₹1,38,563 |
| BengaluruKarnataka | 1.2% | ₹1,37,223 |
| MumbaiMaharashtra | 1.2% | ₹1,37,223 |
| Navi MumbaiMaharashtra | 1.2% | ₹1,37,172 |
| PuneMaharashtra | 1.2% | ₹1,37,223 |
| ChennaiTamil Nadu | 1.2% | ₹1,37,223 |
| HyderabadTelangana | 1.2% | ₹1,37,223 |
| KolkataWest Bengal | 1.2% | ₹1,37,223 |
Ratlam is one of 189 RTO cities on the OXO price page.
OXO in Ratlam: questions people ask
- What is the on-road price of the OXO in Ratlam?
- ₹1,42,532 for the base Standard and up to ₹1,77,206 for the X, 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 OXO in Madhya Pradesh?
- ₹6,860 on the base variant, which is 5.3% of the ex-showroom price. That covers road tax, registration and the number plate, and is paid once at registration.
- Is the OXO cheaper in Ratlam or Delhi?
- Delhi, by about ₹5,309, because Madhya Pradesh road tax is higher. You must register where you live, so this is not a saving you can chase.
OXO from
₹1.34 Lakh