TVS
TVS IQube on-road price in Surat
₹1.27 Lakh on-road for the base variant, against ₹1.19 Lakh ex-showroom.
On the road in Surat the base IQube comes to ₹1.27 Lakh: ₹1,18,738 ex-showroom, ₹1,937 in Gujarat road tax and registration (1.6%), ₹6,666 for first-year insurance. Dealers add handling and accessory packs on top; both are negotiable.
That is ₹4,920 more than in Delhi (₹1,22,421), mostly because Gujarat charges 1.6% in road tax and registration against Delhi's 0.6%.
Within Gujarat the IQube ranges from ₹1,27,341 to ₹1,29,242 on-road across the 10 RTO cities we track; the road-tax rule is the same statewide, so the gap is dealer ex-showroom and insurance pricing.
Charging at Gujarat's domestic tariff of about ₹6.5/unit, running cost is roughly ₹0.18 per km, or ₹138 a month at 30 km a day.
All variants on-road in Surat
| Variant | Ex-showroom | RTO | Insurance | On-road |
|---|---|---|---|---|
| 2.3 kWh | ₹1,18,738 | ₹1,27,341 | ||
| 3.1 kWh | ₹1,36,113 | ₹1,45,223 | ||
| MillionR Special Edition | ₹1,35,138 | ₹1,44,833 | ||
| 3.5 kWh | ₹1,38,744 | ₹1,47,930 | ||
| S 4.7 kWh | ₹1,60,944 | ₹1,77,268 | ||
| ST 5.3 kWh | ₹1,76,119 | ₹1,93,425 |
Dealer quotes for Surat 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, Surat list price | ₹1,18,738 |
|---|---|
| Road tax and registration (Gujarat RTO)1.6% of ex-showroom, paid once | ₹1,937 |
| Insurance, first yearOwn-damage cover plus the mandatory five-year third-party premium | ₹6,666 |
| On-road price | ₹1,27,341 |
Rivals on-road in Surat
Base variants, same RTO, so the ranking is fair.
EMI in Surat
EMI calculator
On an estimated on-road price of ₹1,27,341 for the IQube.
- Monthly EMI
- ₹3,670
- Loan amount
- ₹1,14,607
- Total interest
- ₹17,513
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 Gujarat
Same Gujarat 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 |
Surat is one of 189 RTO cities on the IQube price page.
IQube in Surat: questions people ask
- What is the on-road price of the IQube in Surat?
- ₹1,27,341 for the base 2.3 kWh and up to ₹1,93,425 for the ST 5.3 kWh, including Gujarat road tax, registration and first-year insurance. The figures come from Surat 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 Gujarat?
- ₹1,937 on the base variant, which is 1.6% of the ex-showroom price. That covers road tax, registration and the number plate, and is paid once at registration. Gujarat waives or heavily discounts road tax on electric two-wheelers, which is why the share is so low.
- Is the IQube cheaper in Surat or Delhi?
- Delhi, by about ₹4,920, because Gujarat road tax is higher. You must register where you live, so this is not a saving you can chase.
IQube from
₹1.19 Lakh