TVS
TVS IQube on-road price in Mandi
₹1.26 Lakh on-road for the base variant, against ₹1.19 Lakh ex-showroom.
On the road in Mandi the base IQube comes to ₹1.26 Lakh: ₹1,18,571 ex-showroom, ₹800 in Himachal Pradesh road tax and registration (0.7%), ₹6,663 for first-year insurance. Dealers add handling and accessory packs on top; both are negotiable.
That is ₹3,613 more than in Delhi (₹1,22,421), down to insurance and dealer charges rather than tax.
Elsewhere in Himachal Pradesh the figure is the same to within a few hundred rupees: registration rules are set by the state, so Shimla all land at about ₹1.26 Lakh.
Charging at Himachal Pradesh's domestic tariff of about ₹7.5/unit, running cost is roughly ₹0.20 per km, or ₹159 a month at 30 km a day.
All variants on-road in Mandi
| Variant | Ex-showroom | RTO | Insurance | On-road |
|---|---|---|---|---|
| 2.3 kWh | ₹1,18,571 | ₹1,26,034 | ||
| 3.1 kWh | ₹1,36,713 | ₹1,44,524 | ||
| MillionR Special Edition | ₹1,35,138 | ₹1,43,432 | ||
| 3.5 kWh | ₹1,50,010 | ₹1,58,075 | ||
| S 4.7 kWh | ₹1,61,003 | ₹1,75,769 | ||
| ST 5.3 kWh | ₹1,75,382 | ₹1,91,013 |
Dealer quotes for Mandi 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 price2.3 kWh variant, Mandi list price | ₹1,18,571 |
|---|---|
| Road tax and registration (Himachal Pradesh RTO)0.7% of ex-showroom, paid once | ₹800 |
| Insurance, first yearOwn-damage cover plus the mandatory five-year third-party premium | ₹6,663 |
| On-road price | ₹1,26,034 |
Rivals on-road in Mandi
Base variants, same RTO, so the ranking is fair.
EMI in Mandi
EMI calculator
On an estimated on-road price of ₹1,26,034 for the IQube.
- Monthly EMI
- ₹3,630
- Loan amount
- ₹1,13,431
- Total interest
- ₹17,249
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 Himachal Pradesh
Same Himachal 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 | 0.6% | ₹1,22,421 |
| ChandigarhChandigarh | 0.9% | ₹1,25,284 |
| AhmedabadGujarat | 1.6% | ₹1,29,242 |
| BengaluruKarnataka | 1.1% | ₹1,21,969 |
| MumbaiMaharashtra | 1.1% | ₹1,19,323 |
| Navi MumbaiMaharashtra | 1.1% | ₹1,19,323 |
| PuneMaharashtra | 1.1% | ₹1,19,323 |
| ChennaiTamil Nadu | 0.8% | ₹1,19,614 |
| HyderabadTelangana | 3.6% | ₹1,24,734 |
| KolkataWest Bengal | 7.5% | ₹1,24,073 |
Mandi is one of 189 RTO cities on the IQube price page.
IQube in Mandi: questions people ask
- What is the on-road price of the IQube in Mandi?
- ₹1,26,034 for the base 2.3 kWh and up to ₹1,91,013 for the ST 5.3 kWh, including Himachal Pradesh road tax, registration and first-year insurance. The figures come from Mandi 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 IQube in Himachal Pradesh?
- ₹800 on the base variant, which is 0.7% of the ex-showroom price. That covers road tax, registration and the number plate, and is paid once at registration. Himachal Pradesh waives or heavily discounts road tax on electric two-wheelers, which is why the share is so low.
- Is the IQube cheaper in Mandi or Delhi?
- Delhi, by about ₹3,613, because Himachal Pradesh road tax is higher. You must register where you live, so this is not a saving you can chase.
IQube from
₹1.19 Lakh