TVS
TVS IQube on-road price in Pune
₹1.26 Lakh estimated on-road for the base variant, against ₹1.19 Lakh ex-showroom.
The TVS IQube costs an estimated ₹1,26,000 on the road in Pune for the base 2.3 kWh variant. That is ₹6,750 over the ₹1,19,250 ex-showroom price, made up of no road tax (Maharashtra exempts electric two-wheelers), ₹1,300 in registration charges and about ₹5,423 in first-year insurance.
That is ₹200 more than in Delhi, almost entirely because of the difference in state road tax.
Charging at Pune's domestic tariff of about ₹9/unit, running cost is roughly ₹0.24 per km, or ₹191 a month at 30 km a day.
All variants on-road in Pune
| Variant | Ex-showroom | Tax and fees | On-road |
|---|---|---|---|
| 2.3 kWh | ₹1,19,250 | ₹1,26,000 | |
| 3.1 kWh | ₹1,38,510 | ₹1,45,600 | |
| MillionR Special Edition | ₹1,40,138 | ₹1,47,200 | |
| 3.5 kWh | ₹1,45,653 | ₹1,52,800 | |
| S 4.7 kWh | ₹1,65,353 | ₹1,72,900 | |
| ST 5.3 kWh | ₹1,75,599 | ₹1,83,300 |
Where the money goes
| Ex-showroom price2.3 kWh variant, Delhi list price | ₹1,19,250 |
|---|---|
| Road tax (Maharashtra)Electric two-wheelers are exempt | ₹0 |
| Registration and RTO chargesSmart card, HSRP plate, fees | ₹1,300 |
| 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 | ₹1,26,000 |
Rivals on-road in Pune
Base variants, same tax rules, so the ranking is fair.
EMI in Pune
EMI calculator
On an estimated on-road price of ₹1,26,000 for the IQube.
- Monthly EMI
- ₹3,630
- Loan amount
- ₹1,13,400
- Total interest
- ₹17,280
Indicative only. Lenders add a processing fee (usually 1–3%) and quote rates by credit score; banks are typically cheaper than dealer-tied NBFCs.
Other cities
| 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 |
IQube in Pune: questions people ask
- What is the on-road price of the IQube in Pune?
- About ₹1,26,000 for the base variant and up to ₹1,83,300 for the top variant, including road tax, registration and insurance. Dealer quotes may add handling and accessories.
- How much is road tax on the IQube in Maharashtra?
- Nothing. Maharashtra waives road tax on electric two-wheelers, which is a large part of why EVs are cheaper on-road relative to ex-showroom here.
- Is the IQube cheaper in Pune or Delhi?
- Delhi, by about ₹200, because Maharashtra road tax is higher. You must register where you live, so this is not a saving you can chase.
IQube from
₹1.19 Lakh