While entry-level options like the Hyundai Exter and Venue receive modest savings, larger benefits are reserved for premium offerings like the Ioniq 5.
Hyundai Motor India is offering significant discounts on select models this May, with benefits going up to Rs 4 lakh. The promotional offers span popular vehicles such as the Exter, Venue, i20, Alcazar, and even the all-electric Ioniq 5. These deals include a combination of scrappage bonuses, cash discounts, exchange bonuses, and corporate benefits, depending on the model and variant. While entry-level options like the Exter and Venue receive modest savings, larger benefits are reserved for premium offerings like the Tucson and Ioniq 5. Aimed at boosting sales and clearing inventory, the limited-period offers are available at Hyundai dealerships across India until the end of the month.
The Hyundai Ioniq 5 is currently being offered with a cash discount of up to Rs 4 lakh, applicable exclusively to 2024 model year units. Priced at Rs 46.05 lakh (ex-showroom), the e-SUV is assembled locally via the CKD (Completely Knocked Down) route.
Also Read: Hyundai Exter Gets New S Smart, SX Smart Variants in India; Here's What They Offer
It features a single rear-mounted electric motor paired with a 72.6kWh battery, delivering 216bhp and 350Nm of torque. This configuration provides an ARAI-certified driving range of up to 631 km on a full charge.
The Venue sees the highest markdowns on its performance-focused N Line and 1.0-litre turbo-petrol variants, with total discounts climbing to Rs 75,000, Rs 5,000 more than what was offered in April.
Other trims are also eligible for benefits of up to Rs 65,000. The Venue is available with three engine options: a 1.5-litre diesel unit, a 1.0-litre turbo-petrol unit, and a 1.2-litre naturally aspirated (NA) petrol unit. It is priced from Rs 7.94 lakh to Rs 13.97 lakh (ex-showroom).
Hyundai Exter also benefits from higher incentives in May. Total discounts now reach up to Rs 60,000, up by Rs 10,000 from April. The most substantial discounts apply to CNG variants, while the base EX and EX(O) trims only qualify for a Rs 5,000 scrappage bonus. Petrol variants above the base level are eligible for combined offers of up to Rs 55,000. The price ranges between Rs 6 lakh and Rs 10.51 lakh (ex-showroom).
The Exter is driven by a 1.2-litre four-cylinder engine. In petrol mode, it puts out 82bhp and 113.8Nm of torque, while the CNG alternative delivers 68bhp and 95.2Nm.
The sedan is now available with uniform discounts of Rs 65,000 across all variants, reflecting a Rs 15,000 increase over last month. With prices ranging from Rs 11.07 lakh to Rs 17.55 lakh, the Verna offers two petrol engines: a 1.5-litre NA unit and a 1.5-litre turbocharged unit. Both come with optional automatic transmissions.
Buyers opting for Tucson can now get benefits of up to Rs 80,000, an improvement of Rs 30,000 over last month’s figure.
The Tucson is available with two 2.0-litre engine configurations: a petrol variant delivering 154bhp and 192Nm, and a diesel option producing 183bhp and 416Nm. The diesel version also includes an all-wheel-drive system. Prices for the Tucson start at Rs 29.27 lakh and go up to Rs 36.04 lakh (ex-showroom).
Meanwhile, deals on the Hyundai i20 remain unchanged from April. The standard petrol variants with manual transmission come with discounts up to Rs 65,000.
Also Read: Hyundai Creta SUV Becomes India’s Best-Selling Car in April 2025; Sells 17,016 Units
Petrol-CVT and sportier N Line variants are eligible for up to Rs 60,000 in savings. The i20, which retails between Rs 7.04 lakh and Rs 12.56 lakh, is powered by a 1.2-litre naturally aspirated engine in the standard trims, while the N Line features a 1.0-litre turbocharged petrol engine for added performance.