Hyundai Motor India has rolled out attractive festive season discounts and benefits across its lineup this November, offering significant savings for customers on models ranging from entry-level hatchbacks to its flagship EV, the Ioniq 5. These offers include a combination of cash discounts, exchange and scrappage bonuses, and corporate benefits.
The biggest headline this month is the Hyundai Ioniq 5, which is being offered with benefits of up to Rs 7.05 lakh on select MY24 units — one of the highest discounts ever seen on the premium electric crossover.
(Note: Discounts vary by city, variant, and dealer stock availability. Buyers are advised to confirm exact figures at their nearest Hyundai dealership.)
Hyundai Ioniq 5 Discounts – Up to Rs 7.05 Lakh
Hyundai’s award-winning electric crossover, the Ioniq 5, leads the brand’s discount lineup this month. The MY25 stock gets benefits of up to Rs 2.05 lakh, while dealers are clearing out MY24 units with massive discounts of up to Rs 7.05 lakh.
The Ioniq 5 is powered by a 72.6kWh battery pack paired with a 217hp single rear-mounted electric motor, producing 350Nm of torque. It offers an ARAI-certified range of 631km and supports ultra-fast 800V DC charging, capable of adding 80% charge in just 18 minutes (using a 350kW charger).
The EV’s futuristic design, spacious interiors, and premium feature list — including a twin-screen setup, V2L (vehicle-to-load) capability, and ADAS — have made it a standout in India’s electric car segment. Prices for the Ioniq 5 currently 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, also gets modest benefits of up to Rs 25,000. Customers can avail either a Rs 20,000 exchange bonus or a Rs 25,000 scrappage benefit.
The Tucson is available with two powertrain choices:
- 2.0-litre petrol engine producing 156hp and 192Nm, paired with a 6-speed automatic.
- 2.0-litre diesel engine making 186hp and 416Nm, mated to an 8-speed automatic with optional AWD.
Despite being discontinued from Hyundai’s website recently, dealers are still offering attractive deals on remaining units. The Tucson’s price ranges from Rs 27.32 lakh to Rs 33.50 lakh (ex-showroom).
Hyundai Venue Discounts – Up to Rs 60,000
Following the launch of the new-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 bonus or a Rs 20,000 exchange benefit.
Variants equipped with the 1.0-litre turbo-petrol or 1.5-litre diesel engines get a smaller Rs 5,000 scrappage benefit.
The Venue continues to be offered with three engine options:
- 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 previous-generation 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 Grand i10 Nios is one of Hyundai’s most popular hatchbacks, and buyers can now enjoy benefits of up to Rs 70,000. The package includes a Rs 25,000 cash discount, a Rs 25,000 exchange/scrappage bonus, and a Rs 5,000 corporate benefit.
Available in both petrol and CNG variants, the Grand i10 Nios features an 83hp 1.2-litre petrol engine (with manual or AMT options) and a 69hp CNG version (manual only).
Positioned against the Maruti Swift and Tata Tiago, the hatchback’s prices range from Rs 5.47 lakh to Rs 7.92 lakh.
Hyundai i20 Discounts – Up to Rs 85,000
One of Hyundai’s most sought-after premium hatchbacks, the i20, receives benefits of up to Rs 85,000 this month. The deal includes a Rs 25,000 cash discount, along with a Rs 30,000 scrappage bonus or Rs 25,000 exchange bonus, and an Rs 20,000 upgrade bonus for existing Hyundai i10 or i20 owners.
The i20 lineup includes two petrol engines:
- 1.2-litre NA petrol (83hp) – with manual or CVT transmission
- 1.0-litre turbo-petrol (120hp) – available on the sportier N Line variant
The i20 competes with the Maruti Baleno, Toyota Glanza, Tata Altroz, and Honda Jazz, with prices ranging between Rs 6.87 lakh and Rs 11.46 lakh (ex-showroom).
Other Hyundai Models with Ongoing Benefits
While Hyundai’s latest offerings such as the Exter, Verna, and Alcazar also come with special corporate and exchange benefits this month, the quantum of discounts varies depending on stock availability and variant.
Across its lineup, Hyundai’s November offers reflect its strategy to boost year-end sales, reduce 2024 stock, and maintain competitive positioning amid strong demand for rival brands like Tata, Maruti, and Kia.