Hyundai Bayon on-road price in Margao
₹11,04,340 on the road1 variant
EMI from about ₹18,550 a month on the Margao on-road price, at 9.5% a year over 5 years with 20% down.
Figures as of October 2026, for a first personal car, bought by an individual and paid in cash.
Goa sets these charges, so the same figures apply in Panaji.
Why
All 1 variants priced in Margao
| Variant | Ex-showroom | On-road in Margao |
|---|---|---|
| HX 2 Petrol MT | ₹10.00L | ₹11,04,340 |
Bayon variants on Goa's tax steps
Goa charges a higher rate on the whole price once it crosses a line. Here is which variant sits where.
Petrolby price
- 9%to ₹10 lakh
HX 2 Petrol MT
- 12%to ₹20 lakh
no variant here
- 15%above
no variant here
Worth knowing before you sign
- On the Hyundai Bayon HX 2 Petrol MT, Margao is 11th cheapest of 25 states: ₹60,000 over Arunachal Pradesh and ₹95,000 under Telangana.
Bayon rivals on the road in Margao
The cheapest way into this group in Margao is the Mahindra Bolero Neo, from ₹10,01,880 on the road, ₹1,02,460 under the Bayon's ₹11,04,340. Each figure is that car's cheapest variant on the road in Margao, on the same Goa road tax.
The Bayon in its colours
Classy Blue
Vehicle images: Hyundai Motor India official media assets (hyundai.com/in)
How the HX 2 Petrol MT's ₹11,04,340 breaks down
Getting it on the road in Margao adds ₹1.04L to the ex-showroom price, and road tax is the biggest part of that.
- Ex-showroom price
- ₹10,00,000
- Road tax (9%)
- ₹90,000
- Registration fee (central)
- ₹800
- Third-party insurance (3 years, incl. 18% GST)
- ₹12,555
- Personal accident cover (1 year, incl. 18% GST)estimate
- ₹885
- FASTagestimate
- ₹100
- Comprehensive own-damage covernot in this total
- insurer-priced
- On-road in Margao
- ₹11,04,340
The fine print
- Road tax (9%)
- Derived 2026-08-09 from two independent sources. CarDekho Panaji, 57 variants: exactly 9.00% (10 cars to Rs 7.80L), 12.00% (24 cars Rs 11.00L to 19.91L), 15.00% (23 cars Rs 20.22L to 47.48L), no fixed component. CarWale Panaji fits 9.68% (5 cars), 12.00% (3 cars), 12.83% (5 cars), 16.20% (3 cars) and 15.00% (2 cars); its top bands carry large intercepts and are the softer part. Boundaries at Rs 10L and Rs 20L are interpolated inside gaps. NOT read from any Goa notification
- Registration fee (central)
- CMVR Rule 81, as amended by GSR 1183(E) dated 29-12-2016
- Third-party insurance (3 years, incl. 18% GST)
- Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules 2022, G.S.R. 394(E) dated 25-05-2022, as amended by G.S.R. 32(E) dated 05-01-2024; both gazettes read from egazette.gov.in. PA cover per IRDAI circular IRDAI/NL/CIR/MOTP/158/09/2018
- Personal accident cover (1 year, incl. 18% GST)
- Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules 2022, G.S.R. 394(E) dated 25-05-2022, as amended by G.S.R. 32(E) dated 05-01-2024; both gazettes read from egazette.gov.in. PA cover per IRDAI circular IRDAI/NL/CIR/MOTP/158/09/2018
- The Rs 15 lakh owner-driver cover is mandatory; this prescribed rate is what most insurers charge for the annual form.
- FASTag
- Tag cost only. Issuers add a deposit and minimum balance; dealer bundles commonly total Rs 500-600.
- Comprehensive own-damage cover
- Not in this total. Lenders require it and most buyers take it, but it has been market-priced since 2007 and varies widely with insurer, cover value and no-claim bonus, so an honest single figure does not exist. Budget for it from real quotes on top of this total.
- Goa's rates here are derived from two published price sources that agree, not read from the state's own schedule, so treat them as indicative and confirm with your dealer.
Confirm the final figure with your dealer before paying.
Where these figures come from
Bayon on-road price in other cities
See 26 other cities
Questions buyers ask
What is the Hyundai Bayon on-road price in Margao?
₹11,04,340 for the HX 2 Petrol MT, as of October 2026, covering Goa road tax, registration and the mandatory insurance. Comprehensive own-damage cover is priced by insurers and comes on top.
How much is the road tax on the Hyundai Bayon in Margao?
₹90,000 on the HX 2 Petrol MT at ₹10.00L ex-showroom. The rate comes from Goa's own schedule (Derived 2026-08-09 from two independent sources. CarDekho Panaji, 57 variants: exactly 9.00% (10 cars to Rs 7.80L), 12.00% (24 cars Rs 11.00L to 19.91L), 15.00% (23 cars Rs 20.22L to 47.48L), no fixed component. CarWale Panaji fits 9.68% (5 cars), 12.00% (3 cars), 12.83% (5 cars), 16.20% (3 cars) and 15.00% (2 cars); its top bands carry large intercepts and are the softer part. Boundaries at Rs 10L and Rs 20L are interpolated inside gaps. NOT read from any Goa notification), verified on 9 August 2026.
Is the Hyundai Bayon cheaper on-road in another city of Goa?
No. Goa sets these charges, so the same figures apply in Panaji: registering in a different city of the state does not change them.