Hyundai IONIQ 5 on-road price in Madurai
₹56,54,615 on the road1 variant
EMI from about ₹95,010 a month on the Madurai on-road price, at 9.5% a year over 5 years with 20% down.
Figures as of August 2026, for a first personal car, bought by an individual and paid in cash.
Tamil Nadu sets these charges, so the same figures apply in Chennai, Coimbatore, Tiruchirappalli and Salem.
Why
All 1 variants priced in Madurai
| Variant | Ex-showroom | On-road in Madurai |
|---|---|---|
| Long Range RWD Electric AT | ₹55.71L | ₹56,54,615 |
Worth knowing before you sign
- On the Hyundai IONIQ 5 Long Range RWD Electric AT, Madurai is 8th cheapest of 17 states: ₹2,250 over Mizoram and ₹7,77,690 under Assam.
IONIQ 5 rivals on the road in Madurai
None of these starts meaningfully under the IONIQ 5's ₹56,54,615 on the road in Madurai. Each figure is that car's cheapest variant on the road in Madurai, on the same Tamil Nadu road tax.
The IONIQ 5 in its colours
Midnight Black Pearl
Vehicle images: Hyundai Motor India official media assets (hyundai.com/in)
How the Long Range RWD Electric AT's ₹56,54,615 breaks down
Getting it on the road in Madurai adds ₹83,615 to the ex-showroom price, and TCS is the biggest part of that, though that one comes back to you.
- Ex-showroom price
- ₹55,71,000
- Road tax (exempt for electric cars)
- ₹0
- Road safety tax
- ₹2,250
- Registration fee (exempt for electric cars)
- ₹0
- TCS (1%, adjustable against your income tax)refundable
- ₹55,710
- Third-party insurance (3 years, incl. 18% GST)
- ₹24,670
- Personal accident cover (1 year, incl. 18% GST)estimate
- ₹885
- FASTagestimate
- ₹100
- Comprehensive own-damage covernot in this total
- insurer-priced
- On-road in Madurai
- ₹56,54,615
The fine print
- Road tax (exempt for electric cars)
- GO of 29-12-2025 extending the battery-vehicle exemption from 01-01-2026 to 31-12-2027; GO itself not retrieved. Re-checked 2026-10-28 by search: five publishers carry the same order, the same dates and the same scope (transport and non-transport, private electric cars included), and the state is reported to have ordered an assessment of taxing electric vehicles in future, so this window is the live constraint
- Road safety tax
- TN MV Taxation Act 1974 section 3-B and the Sixth Schedule as substituted by section 6 of the Amendment Act 2023, read from the gazetted text on 2026-11-03: 'ROAD SAFETY TAX. New Motor Vehicles', Light Motor Vehicles Rs 2,250. The document is the Bill as introduced (L.A. Bill 33 of 2023, gazetted 11-10-2023), so the figure is primary while its being in force rests on reporting that Act 30 of 2023 commenced 08 or 09-11-2023, corroborated by the Third and Fourth Schedules of the same substitution clause being in force exactly as drafted. The Act as passed is requested as tn-act-30-of-2023. Some aggregator breakdowns still print the pre-2023 Rs 1,500 and others print Rs 2,250
- Registration fee (exempt for electric cars)
- CMVR Rule 81, as amended by GSR 1183(E) dated 29-12-2016
- TCS (1%, adjustable against your income tax)
- Income-tax Act 1961 s.206C(1F) from 1 June 2016, and from 1 April 2026 s.394(1) of the Income-tax Act 2025 at the same rate and threshold (renumbering reported, not read from the Act); creditable against the buyer's income tax
- 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.
- The Rs 2,250 road safety tax, charged once when a new car is registered, is included in every figure here. Tamil Nadu waives road tax on an electric car bought before 2028, and nothing published says whether that waiver covers this charge too, so an electric buyer may pay Rs 2,250 less than we show.
- Some price breakdowns for the state still show this charge at Rs 1,500, which is what it was before the 2023 change to the state's tax act. We use Rs 2,250 because that is the figure the state's own gazetted schedule prints. If your RTO still collects the older amount, your total will be Rs 750 less than this.
- Tamil Nadu's electric-car exemption runs until 31 December 2027 as it stands today.
Confirm the final figure with your dealer before paying.
Where these figures come from
IONIQ 5 on-road price in other cities
See 21 other cities
Questions buyers ask
What is the Hyundai IONIQ 5 on-road price in Madurai?
₹56,54,615 for the Long Range RWD Electric AT, as of August 2026, covering Tamil Nadu 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 IONIQ 5 in Madurai?
₹0 on the Long Range RWD Electric AT at ₹55.71L ex-showroom. The rate comes from Tamil Nadu's own schedule (GO of 29-12-2025 extending the battery-vehicle exemption from 01-01-2026 to 31-12-2027; GO itself not retrieved. Re-checked 2026-10-28 by search: five publishers carry the same order, the same dates and the same scope (transport and non-transport, private electric cars included), and the state is reported to have ordered an assessment of taxing electric vehicles in future, so this window is the live constraint), verified on 7 August 2026.
Is the Hyundai IONIQ 5 cheaper on-road in another city of Tamil Nadu?
No. Tamil Nadu sets these charges, so the same figures apply in Chennai, Coimbatore, Tiruchirappalli and Salem: registering in a different city of the state does not change them.