Hyundai Motor India has announced major festive season benefits across its lineup this November, offering some of the most attractive discounts of the year. These include cash offers, exchange bonuses, and corporate benefits on select models — with the Hyundai Ioniq 5 receiving the biggest price cut yet.
Select MY24 units of the Ioniq 5 are available with benefits of up to Rs 7.05 lakh, making it one of the largest discounts ever offered on Hyundai’s flagship electric crossover in India.
(Note: Offers vary by city, variant, and dealer stock. Buyers should confirm exact discounts with their nearest Hyundai dealership.)
Hyundai Ioniq 5 Discounts – Up to Rs 7.05 Lakh
The Hyundai Ioniq 5, one of India’s most awarded electric vehicles, tops Hyundai’s discount list this month. While MY25 units come with benefits of up to Rs 2.05 lakh, dealers are clearing MY24 stock with massive offers of up to Rs 7.05 lakh.
Powered by a 72.6kWh battery pack and a 217hp single-motor setup producing 350Nm of torque, the Ioniq 5 offers an ARAI-certified range of 631km. The EV also supports 800V ultra-fast charging, allowing 10–80% charge in just 18 minutes using a 350kW DC charger.
The Ioniq 5’s futuristic design, premium cabin, and features like the twin 12.3-inch display setup, Vehicle-to-Load (V2L) capability, and ADAS suite make it one of the most advanced EVs on Indian roads. Prices start at Rs 46.30 lakh (ex-showroom).
Hyundai Tucson Discounts – Up to Rs 25,000
The Hyundai Tucson, the brand’s premium midsize SUV, is being offered with benefits of up to Rs 25,000, available as either a Rs 20,000 exchange bonus or a Rs 25,000 scrappage incentive.
The Tucson comes with two engine options:
- 2.0-litre petrol engine (156hp, 192Nm, 6-speed automatic)
- 2.0-litre diesel engine (186hp, 416Nm, 8-speed automatic with AWD option)
Although recently delisted from Hyundai’s official website, dealers continue to clear remaining inventory, with prices ranging between Rs 27.32 lakh and Rs 33.50 lakh (ex-showroom).
Hyundai Venue Discounts – Up to Rs 60,000
Following the launch of the next-generation Venue, Hyundai is offering discounts of up to Rs 60,000 on the outgoing model. The offer includes a Rs 35,000 cash discount and either a Rs 25,000 scrappage or Rs 20,000 exchange benefit.
Variants with the 1.0-litre turbo-petrol or 1.5-litre diesel engines receive a smaller Rs 5,000 scrappage bonus.
Engine options include:
- 1.2-litre petrol (83hp) – manual only
- 1.0-litre turbo-petrol (120hp) – manual, iMT, and DCT
- 1.5-litre diesel (116hp) – manual and automatic
Prices for the outgoing Venue range from Rs 7.94 lakh to Rs 13.47 lakh (ex-showroom).
Hyundai Grand i10 Nios Discounts – Up to Rs 70,000
The Hyundai Grand i10 Nios continues to attract buyers with benefits of up to Rs 70,000, including a Rs 25,000 cash discount, Rs 25,000 exchange/scrappage bonus, and a Rs 5,000 corporate offer.
The hatchback is powered by an 83hp 1.2-litre petrol engine (manual or AMT) or a 69hp CNG option (manual only).
Competing with the Maruti Swift and Tata Tiago, prices for the Grand i10 Nios range between Rs 5.47 lakh and Rs 7.92 lakh (ex-showroom).
Hyundai i20 Discounts – Up to Rs 85,000
The Hyundai i20, one of India’s most popular premium hatchbacks, is being offered with benefits of up to Rs 85,000. The offer includes a Rs 25,000 cash discount, a Rs 30,000 scrappage bonus or Rs 25,000 exchange bonus, and an additional Rs 20,000 upgrade bonus for existing Hyundai owners.
The i20 lineup includes:
- 1.2-litre naturally aspirated petrol (83hp) – manual or CVT
- 1.0-litre turbo-petrol (120hp) – available on the sportier N Line variant
Prices for the i20 range from Rs 6.87 lakh to Rs 11.46 lakh (ex-showroom).
Other Hyundai Models with Ongoing Offers
Hyundai’s newer models, including the Exter, Verna, and Alcazar, also receive exchange and corporate benefits this month. The scale of discounts varies depending on stock and variant availability.
These festive offers underline Hyundai’s year-end strategy to boost sales, clear 2024 stock, and strengthen its market share amid rising competition from Tata, Maruti Suzuki, and Kia.
