TVS
TVS IQube on-road price
Ex-showroom from ₹1.19 Lakh. Estimated on-road in Delhi: ₹1.26 Lakh. Every city, every variant and the EMI, below.
Variant prices
Ex-showroom Delhi list prices from the manufacturer.
| Variant | Ex-showroom | Rough EMI |
|---|---|---|
2.3 kWh | ₹1,19,250 | |
3.1 kWh | ₹1,38,510 | |
MillionR Special Edition | ₹1,40,138 | |
3.5 kWh | ₹1,45,653 | |
S 4.7 kWh | ₹1,65,353 | |
ST 5.3 kWh | ₹1,75,599 |
The gap between the 2.3 kWh and the ST 5.3 kWh is ₹56,349, about 47% of the base price. Most of that is comfort and console equipment; the base variant rides the same.
Financed over 36 months, the difference works out to roughly ₹1,782 a month on the EMI, which is the more useful way to judge it.
Not sure which trim? Read how to read a two-wheeler price list.
On-road price breakdown, Delhi
How ₹1,19,250 ex-showroom becomes ₹1,25,800 on the road in Delhi.
| Ex-showroom price2.3 kWh variant, Delhi list price | ₹1,19,250 |
|---|---|
| Road tax (Delhi)Electric two-wheelers are exempt | ₹0 |
| Registration and RTO chargesSmart card, HSRP plate, fees | ₹1,100 |
| Third-party insurance (5 years)Mandatory on a new two-wheeler | ₹3,273 |
| Own-damage insurance (1 year)Optional but recommended; varies by insurer | ₹2,150 |
| Estimated on-road price | ₹1,25,800 |
On the road in Delhi, budget about ₹1.26 Lakh for the base variant once registration and five-year insurance are added (Delhi waives road tax on electric two-wheelers). Dealers often quote higher by bundling accessories, extended warranty and handling charges; all three are negotiable.
On-road price by city
Road tax is the variable: it ranges from 2% to 18% by state, and most states waive it on electric two-wheelers.
| City | Road tax | On-road price |
|---|---|---|
| DelhiDelhi | Exempt | ₹1,25,800 |
| MumbaiMaharashtra | Exempt | ₹1,26,000 |
| BengaluruKarnataka | Exempt | ₹1,25,900 |
| HyderabadTelangana | Exempt | ₹1,25,900 |
| ChennaiTamil Nadu | Exempt | ₹1,25,900 |
| KolkataWest Bengal | Exempt | ₹1,25,800 |
| PuneMaharashtra | Exempt | ₹1,26,000 |
| AhmedabadGujarat | Exempt | ₹1,25,800 |
| JaipurRajasthan | Exempt | ₹1,25,800 |
| LucknowUttar Pradesh | Exempt | ₹1,25,800 |
Each city page shows the full breakdown and running cost at local fuel prices. Why the numbers differ: on-road price explained.
EMI on the IQube
EMI calculator
On an estimated on-road price of ₹1,25,800 for the IQube.
- Monthly EMI
- ₹3,630
- Loan amount
- ₹1,13,220
- Total interest
- ₹17,460
Indicative only. Lenders add a processing fee (usually 1–3%) and quote rates by credit score; banks are typically cheaper than dealer-tied NBFCs.
Before signing at the dealer, read what two-wheeler loans really cost.
IQube price: questions people ask
- What is the price of the TVS IQube?
- The IQube costs between ₹1,19,250 and ₹1,75,599 ex-showroom Delhi across 6 variants, as of September 2026. On-road price adds road tax, registration and insurance and varies by state.
- What is the on-road price of the IQube in Delhi?
- Roughly ₹1.26 Lakh for the base variant in Delhi: ₹1,19,250 ex-showroom plus no road tax (electric two-wheelers are exempt in Delhi), ₹1,100 registration and about ₹5,423 insurance. This is an estimate; dealer quotes include handling and accessories.
- What is the EMI for the IQube?
- With 10% down, a 36-month loan at 9.5% on the base variant comes to about ₹3,780 a month. A shorter tenure raises the EMI but cuts total interest; see the EMI calculator on the price page.
- Which bikes are cheaper than the IQube?
- Among the 23 electric scooters we have reviewed, the S1 Pro (Gen 3) (₹1.15 Lakh), the S1 X (₹89,999), the Roadster (₹1.05 Lakh) start lower.
IQube from
₹1.19 Lakh