The automobile market in India has always been sensitive to tax changes, and the recent GST revision is no exception. With the government announcing a revision in GST rates on cars, many buyers are eager to know how it affects their favourite brands. Among them, Hyundai stands out as a reliable name that balances style, features, and affordability.
Lower GST rates mean more savings for customers, especially for first-time buyers and young professionals. Whether you are planning to buy a hatchback like the Grand i10 Nios or a premium sedan like the Verna, these tax cuts will make ownership more affordable.
Still, the final price depends on your city of purchase. Factors like RTO charges, road tax, and insurance add up to the on-road price. If you are considering a Hyundai car, this GST revision could be the right time to plan your purchase. To make things easier, the Bajaj Finserv New Car Loan helps you cover the on-road price with minimal paperwork and flexible EMIs.
Want to skip the waiting time? Check your pre-approved new car loan offer and fast-track your Hyundai purchase today.
What are the revised GST slabs for Hyundai cars
Customers will now be offered savings of up to 13%, depending on the Hyundai car that you pick. You can check out the revised slabs here:
| Type of vehicle | Old GST slab (including cess) | New GST rates | Savings |
| Sub-4 metre (Petrol) | 29% (28% GST + 1% cess) | 18% | 11% |
| Sub-4 metre (Diesel) | 31% (28% GST + 3% cess) | 18% | 13% |
| Cars over 4 metres in length with engine capacity up to 1,500cc | Up to 45% (28% GST + 17%) | 40% | 5% |
| SUVs (above 4 metres in length with engine capacity exceeding 1,500cc) | Up to 50% (28% GST + 22% cess) | 40% | 10% |
Expected cost of Hyundai cars base model post tax cuts
Following the tax correction, the GST rates have been revised for internal combustion engine (ICE) vehicles only. For electric vehicles (EVs), the rate remains unchanged at 5%. Here’s a look at the savings Hyundai is passing on to its customers as a result of the new GST rates:
| Car | Old GST slab (GST + cess) | New GST rate | Expected price drop (approx.) |
| Grand i10 Nios | 28% + 1% (29%) | 18% | 11% |
| Aura | 28% + 1% (29%) | 18% | 11% |
| Exter | 28% + 1% (29%) | 18% | 11% |
| i20 | 28% + 1% (29%) | 18% | 11% |
| i20 N Line | 28% + 1% (29%) | 18% | 11% |
| Venue | 28% + 1% (29%) | 18% | 11% |
| Venue N Line | 28% + 1% (29%) | 18% | 11% |
| Verna | 28% + up to 17% (45%) | 40% | 5% |
| Creta | 28% + up to 17% (45%) | 40% | 5% |
| Creta N Line | 28% + up to 17% (45%) | 40% | 5% |
| Alcazar | 28% + up to 17% (45%) | 40% | 5% |
| Tucson | 28% + up to 22% (50%) | 40% | 10% |
With the GST 2.0 implementation, Hyundai customers can now enjoy substantial savings across the lineup. The Hyundai Tucson has received the highest price reduction of up to Rs. 2,40,303, making premium SUVs more accessible. Meanwhile, compact cars like the Hyundai Grand i10 Nios have seen a drop of up to Rs. 73,808, adding more value for budget-conscious buyers.
Popular choices such as the Hyundai Venue and i20 also benefit, with savings of up to Rs. 1.23 lakh and Rs. 98,053 respectively. These reductions make Hyundai cars more appealing to a wide range of buyers, whether they are looking for an entry-level hatchback or a feature-rich SUV.
Planning to buy your new Hyundai car? Check your new car loan eligibility and find out how much you can borrow with Bajaj Finance.
Why choose Bajaj Mall for your car purchase
Buying a new Hyundai car is now simpler with Bajaj Mall. The platform offers a wide range of Hyundai models, from hatchbacks and sedans to SUVs. The user-friendly search filters make it easy to compare models, features, and price ranges based on your needs.
Booking your car is also hassle-free, thanks to financing options powered by Bajaj Finance. The Bajaj Finserv New Car Loan offers up to 100% financing of the on-road price, making sure you do not compromise on your choice. You can also select from multiple EMI plans, giving you the flexibility to repay comfortably. With extended repayment tenures and competitive car loan interest rates, managing your car purchase becomes stress-free.
To make planning easier, you can use the car loan EMI calculator. This tool helps you estimate monthly instalments and choose the plan that fits your budget.
If you want to fast-track the process, simply check your pre-approved new car loan offer and book your Hyundai without delay.
