TVS
TVS IQube on-road price in Panaji
₹1.25 Lakh on-road for the base variant, against ₹1.19 Lakh ex-showroom.
On the road in Panaji the base IQube comes to ₹1.25 Lakh: ₹1,17,515 ex-showroom, ₹780 in Goa road tax and registration (0.7%), ₹6,643 for first-year insurance. Dealers add handling and accessory packs on top; both are negotiable.
That is ₹2,517 more than in Delhi (₹1,22,421), down to insurance and dealer charges rather than tax.
Elsewhere in Goa the figure is the same to within a few hundred rupees: registration rules are set by the state, so Margao all land at about ₹1.25 Lakh.
Charging at Goa's domestic tariff of about ₹4.5/unit, running cost is roughly ₹0.12 per km, or ₹95 a month at 30 km a day.
All variants on-road in Panaji
| Variant | Ex-showroom | RTO | Insurance | On-road |
|---|---|---|---|---|
| 2.3 kWh | ₹1,17,515 | ₹1,24,938 | ||
| 3.1 kWh | ₹1,36,028 | ₹1,43,805 | ||
| MillionR Special Edition | ₹1,35,138 | ₹1,43,432 | ||
| 3.5 kWh | ₹1,37,643 | ₹1,45,451 | ||
| S 4.7 kWh | ₹1,60,143 | ₹1,74,872 | ||
| ST 5.3 kWh | ₹1,75,384 | ₹1,90,995 |
Dealer quotes for Panaji 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, Panaji list price | ₹1,17,515 |
|---|---|
| Road tax and registration (Goa RTO)0.7% of ex-showroom, paid once | ₹780 |
| Insurance, first yearOwn-damage cover plus the mandatory five-year third-party premium | ₹6,643 |
| On-road price | ₹1,24,938 |
Rivals on-road in Panaji
Base variants, same RTO, so the ranking is fair.
EMI in Panaji
EMI calculator
On an estimated on-road price of ₹1,24,938 for the IQube.
- Monthly EMI
- ₹3,600
- Loan amount
- ₹1,12,444
- Total interest
- ₹17,156
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 Goa
Same Goa 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 |
Panaji is one of 189 RTO cities on the IQube price page.
IQube in Panaji: questions people ask
- What is the on-road price of the IQube in Panaji?
- ₹1,24,938 for the base 2.3 kWh and up to ₹1,90,995 for the ST 5.3 kWh, including Goa road tax, registration and first-year insurance. The figures come from Panaji 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 Goa?
- ₹780 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. Goa waives or heavily discounts road tax on electric two-wheelers, which is why the share is so low.
- Is the IQube cheaper in Panaji or Delhi?
- Delhi, by about ₹2,517, because Goa road tax is higher. You must register where you live, so this is not a saving you can chase.
IQube from
₹1.19 Lakh