Hyundai i20 EMI & On-Road Price 2026 — Variant & State Guide
Exact Hyundai i20 on-road price and EMI by variant and state — road tax, insurance and monthly instalment, with a live calculator.
Key Takeaways
- The i20 Sportz (petrol, MT) at ₹7,80,200 ex-showroom comes to about ₹9,31,735 on-road in Karnataka (14% road tax), including insurance and registration — no TCS applies because the price is below ₹10 lakh.
- On a 20% down payment (₹1,86,347) and a 7-year loan at 9.5%, that is an EMI of ₹12,183 on a ₹7,45,388 loan.
- Road tax swings the on-road price by about ₹62,000 between Gujarat (₹8,69,319) and Karnataka (₹9,31,735) for the same variant.
- Putting 30% down instead of 10% cuts total interest from ₹3,12,659 to ₹2,43,226 — a ₹69,433 saving over seven years.
The Hyundai i20 is the benchmark premium hatchback, offering a richer cabin, more safety kit and a smoother IVT automatic than its mass-market rivals. But the price you pay at the showroom — the on-road price — sits well above the ex-showroom figure Hyundai advertises, because road tax, insurance and registration get added on top. This guide gives the exact on-road price and EMI for every popular i20 variant, lets you model your own down payment, rate and tenure in the live calculator below, and shows how much your registration state changes the bill. Ex-showroom prices were verified in June 2026 (ex-showroom Delhi) and state road-tax rates against current 2026 RTO slabs — small state cesses may apply on top.
Hyundai i20
Premium hatchback — 1.2 petrol with manual and IVT automatic.
On-Road Price & EMI Calculator
Pick your variant and state to see the on-road breakdown and monthly EMI.
Interest is 37% of the amount you borrow over 7 years. A bigger down payment or shorter tenure lowers it — adjust the sliders to compare.
Buttons carry your current loan amount, rate and tenure into the full calculators.
Estimates only. Road-tax slabs (as of June 2026), insurance and dealer charges vary — confirm the final on-road price with your RTO and an authorised dealer.
Results are indicative only. Actual EMI may vary based on your lender's rounding method, processing date, stub-period interest, and applicable fees. Always verify with your bank or NBFC before making a financial decision. See our disclaimer for full details.
Hyundai i20 Variant Prices (2026)
The current i20 is petrol-only — a 1.2 engine with manual and IVT (CVT-style) automatic gearboxes. Ex-showroom Delhi prices, the Karnataka on-road price and the indicative EMI (20% down, 7 years at 9.5%):
| Variant | Ex-showroom | On-road (Karnataka) | EMI (20% down, 7yr) |
|---|---|---|---|
| Era Petrol MT | ₹5,99,700 | ₹7,19,648 | ₹9,410 |
| Magna Petrol MT | ₹6,99,900 | ₹8,37,383 | ₹10,949 |
| Sportz Petrol MT | ₹7,80,200 | ₹9,31,735 | ₹12,183 |
| Magna Petrol IVT | ₹8,13,005 | ₹9,70,281 | ₹12,687 |
| Sportz Opt Petrol MT | ₹8,33,700 | ₹9,94,598 | ₹13,005 |
| Asta Petrol MT | ₹8,66,200 | ₹10,32,785 | ₹13,504 |
| Sportz Petrol IVT | ₹8,81,200 | ₹10,50,410 | ₹13,734 |
| Asta Opt Petrol MT | ₹9,19,700 | ₹10,95,648 | ₹14,326 |
| Asta Opt Petrol IVT | ₹10,38,700 | ₹12,77,021 | ₹16,697 |
The calculator above lists every variant with its live on-road price and EMI for your state — its buttons also pre-fill the car loan EMI calculator with your chosen variant.
What Goes Into the On-Road Price
For the popular i20 Sportz petrol at ₹7,80,200 ex-showroom in Karnataka:
| Component | Amount | Basis |
|---|---|---|
| Ex-showroom (Delhi) | ₹7,80,200 | Hyundai list price |
| Road tax (14%) | ₹1,09,228 | Karnataka slab for ₹5–10 lakh |
| Insurance (~3.5%) | ₹27,307 | First-year comprehensive (estimate) |
| TCS (1%) | ₹0 | Not applicable — price below ₹10 lakh |
| Registration, HSRP, FASTag | ₹15,000 | Estimate |
| On-road price | ₹9,31,735 |
Most i20 variants stay below ₹10 lakh ex-showroom, so no 1% TCS is collected. The top Asta Opt IVT (₹10,38,700) crosses that line — it attracts TCS and also jumps from Karnataka's 14% slab to the 17% slab for ₹10–20 lakh cars, which is why its on-road price (₹12.77 lakh) rises sharply. Insurance and registration are estimates that vary by city. Road tax is the largest variable cost and the reason the same i20 costs different amounts across states.
How State Road Tax Changes Your Price
For the i20 Sportz petrol (₹7,80,200), road tax moves the on-road price by about ₹62,000:
| State | Road tax | On-road price |
|---|---|---|
| Gujarat | 6% | ₹8,69,319 |
| Delhi | 7% | ₹8,77,121 |
| Uttar Pradesh | 8% | ₹8,84,923 |
| West Bengal | 8% | ₹8,84,923 |
| Rajasthan | 8% | ₹8,84,923 |
| Maharashtra | 11% | ₹9,08,329 |
| Kerala | 11% | ₹9,08,329 |
| Telangana | 12% | ₹9,16,131 |
| Tamil Nadu | 13% | ₹9,23,933 |
| Karnataka | 14% | ₹9,31,735 |
Gujarat's flat 6% makes it the cheapest place to register an i20, while Karnataka's 14% slab sits at the top. Drop two on-road figures into compare loans to see the EMI difference in one view.
Hyundai i20 EMI by Loan Tenure
For the i20 Sportz petrol at ₹9,31,735 on-road with 20% down (₹1,86,347), the loan is ₹7,45,388. At 9.5%:
| Tenure | EMI | Total interest |
|---|---|---|
| 5 years | ₹15,655 | ₹1,93,912 |
| 6 years | ₹13,622 | ₹2,35,396 |
| 7 years | ₹12,183 | ₹2,77,984 |
| 8 years | ₹11,114 | ₹3,21,556 |
Going from 5 to 8 years lowers the EMI by ₹4,541 but adds ₹1,27,644 in interest. See flat vs reducing balance interest for why a longer tenure costs disproportionately more, and test tenures on the car loan EMI calculator.
Down Payment: How Much Should You Put Down?
For the i20 Sportz petrol (₹9,31,735 on-road), 7-year loan at 9.5%:
| Down payment | Loan amount | EMI | Total interest |
|---|---|---|---|
| 10% (₹93,174) | ₹8,38,561 | ₹13,705 | ₹3,12,659 |
| 20% (₹1,86,347) | ₹7,45,388 | ₹12,183 | ₹2,77,984 |
| 30% (₹2,79,521) | ₹6,52,214 | ₹10,660 | ₹2,43,226 |
A 30% down payment saves ₹69,433 in interest versus 10% down. If your savings are tied up at purchase, an early part-prepayment achieves much the same result — the prepayment calculator quantifies it, and floating-rate loans carry no prepayment penalty under RBI rules.
Running and Ownership Costs
The i20 returns about 20 km/l on the manual and slightly less on the IVT in everyday driving. At 12,000 km a year, that is roughly ₹58,000 in fuel. The i20 carries a longer features and safety list than budget hatchbacks — six airbags and ESC across the range — which supports resale value, but its service and spare-parts costs run a little higher than Maruti's. The IVT automatic is smooth and efficient but adds a maintenance premium over the manual. Budget for insurance renewals and consumables (brakes, tyres) over your ownership period.
Is a Hyundai i20 EMI Affordable for You?
Keep all your EMIs under 50% of take-home pay (the FOIR cap most lenders use) and your car EMI alone within 15–20%. The i20 Sportz EMI of ₹12,183 suggests a take-home income of roughly ₹61,000–82,000 a month for comfort. Check your eligibility with the loan eligibility calculator and read how much EMI you can afford. A CIBIL score above 750 typically earns the lowest rate — see CIBIL score and loan interest rate.
How to Get the Best Hyundai i20 Loan Deal
- Negotiate on the on-road price and demand a line-item breakup of insurance and accessories.
- Know your credit score before visiting — check current loan rates to benchmark offers.
- Compare bank, NBFC and dealer finance in the compare loans tool; dealer finance is not always cheapest.
- Choose the shortest comfortable tenure to limit interest.
- Schedule a yearly prepayment to close the loan faster — model it in the prepayment calculator.
Deciding whether to finance or pay cash? Read car loan vs outright purchase. Cross-shopping premium hatchbacks? Compare the Maruti Baleno and Maruti Swift on-road and EMI guides.
Frequently Asked Questions
What is the on-road price of the Hyundai i20 in 2026?
For the Sportz petrol (₹7,80,200 ex-showroom), the on-road price is about ₹9,31,735 in Karnataka, including 14% road tax, insurance and registration. The same variant ranges from roughly ₹8.69 lakh in Gujarat to ₹9.32 lakh in Karnataka; the entry Era starts near ₹7.20 lakh on-road.
What is the EMI for a Hyundai i20?
For the Sportz petrol on 20% down (₹1,86,347) and a 7-year loan at 9.5%, the EMI is ₹12,183 on a ₹7,45,388 loan. A 5-year tenure raises it to ₹15,655 but saves about ₹84,000 in interest. Adjust the figures in the calculator above.
Is the i20 available in diesel?
No. The current i20 is petrol-only, using a 1.2 engine with a 5-speed manual or an IVT (continuously variable) automatic. The diesel and turbo-petrol options were discontinued in earlier updates.
Which i20 variants attract the 1% TCS?
Only the top Asta Opt IVT trims, which cross ₹10 lakh ex-showroom, attract the 1% TCS under Section 206C(1F). They also move into Karnataka's 17% road-tax slab, so their on-road price rises noticeably versus the sub-₹10-lakh trims.
How much road tax does the i20 attract?
Between 6% (Gujarat) and 14% (Karnataka, plus cess) for sub-₹10-lakh variants; the top IVT trim moves to 17% in Karnataka. Delhi and Gujarat are among the cheapest states to register one.
How can I lower my i20 EMI?
Increase the down payment, choose a slightly longer tenure (accepting more interest), prepay part of the principal early, or transfer the balance to a lower-rate lender if rates drop. The prepayment calculator shows the interest saved from part-payments.
What is a sensible down payment for the i20?
Around 20% balances a manageable EMI with reasonable savings retention. If you can stretch to 30%, you save about ₹69,000 in interest over seven years compared with 10% down. Full financing maximises interest and is best avoided.
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