Hyundai February 2026 Price Crash: ₹5 Lakh Off Ioniq 5, Huge Savings on Creta & Verna
12 Feb 2026, 01:44 PM
- Huge February Savings on Hyundai Verna and Creta
- Grab ₹58,000 Off Hyundai Grand i10 Nios
- Hyundai IONIQ 5 Price Crash: ₹5 Lakh Discount
Hyundai is rolling out some incredible discounts this February 2026, giving Indian buyers a fantastic chance to save a significant amount of money.
If you’re in the market for a new car, now’s the time! The Hyundai IONIQ 5 has an unbelievable price cut of ₹5 Lakh, and there are also some sneaky “stealth discounts” on the i20 and Verna. The savings are pretty impressive!
February is usually a fantastic time for Indian car buyers to make a purchase. Dealers are keen to clear out their stock from the previous year (MY2025) while also preparing for the new models (2026) to arrive.
This guide is all about breaking down the latest cash discounts, exchange bonuses, and scrappage schemes for the full Hyundai India lineup. We’re here to help you find the lowest on-road price!
Catch the latest launches and updates on CarOnPhone!Hyundai car Discounts February 2026
| Model | Offers |
|---|---|
| Hyundai Creta | up to Rs 30,000 |
| Hyundai Exter | up to Rs 43,000 |
| Hyundai i20 | up to Rs 58,000 |
| Hyundai Aura | up to Rs 25,000 |
| Hyundai Verna | up to Rs 98,000 |
| Hyundai Alcazar | up to Rs 55,000 |
| Hyundai Venue | up to Rs 5,000 |
| Hyundai Grand i10 Nios | up to Rs 58,000 |
| Hyundai Ioniq 5 | up to Rs 5.0 lakh |
Hyundai i20 Discount February 2026
| Hyundai i20 | Cash Discount | Exchange / Scrappage Bonus | Corporate Benefit | Total Offers |
|---|---|---|---|---|
| MY25 Petrol MT | Rs 30,000 | Rs 20,000 / Rs 25,000 | Rs 3,000 | up to Rs 58,000 |
| MY25 IVT | Rs 30,000 | Rs 25,000 / Rs 25,000 | Rs 3,000 | up to Rs 58,000 |
| MY25 N-Line | Rs 30,000 | Rs 20,000 / Rs 25,000 | Rs 3,000 | up to Rs 58,000 |
| MY26 Petrol MT | Rs 25,000 | Rs 15,000 / Rs 20,000 | Rs 3,000 | up to Rs 48,000 |
| MY26 IVT | Rs 25,000 | Rs 15,000 / Rs 20,000 | Rs 3,000 | up to Rs 48,000 |
| MY26 N-Line | Rs 25,000 | Rs 15,000 / Rs 20,000 | Rs 3,000 | up to Rs 48,000 |
Hyundai Verna Discount February 2026
| Hyundai Verna | Cash Discount | Exchange / Scrappage Bonus | Corporate Benefit | Total Offers |
|---|---|---|---|---|
| MY25 Petrol AT | Rs 40,000 | Rs 45,000 / Rs 50,000 | Rs 3,000 | up to Rs 93,000 |
| MY25 Petrol MT | Rs 25,000 | Rs 65,000 / Rs 70,000 | Rs 3,000 | up to Rs 98,000 |
| MY26 Petrol AT | Rs 35,000 | Rs 30,000 / Rs 35,000 | Rs 3,000 | up to Rs 73,000 |
| MY26 Petrol MT | Rs 25,000 | Rs 40,000 / Rs 45,000 | Rs 3,000 | up to Rs 73,000 |
Hyundai Aura Discount February 2026
| Hyundai Aura | Cash Discount | Exchange / Scrappage Bonus | Total Offers |
|---|---|---|---|
| MY25 CNG | Rs 10,000 | Rs 10,000 / Rs 15,000 | up to Rs 25,000 |
| MY25 Petrol MT/AMT | Rs 10,000 | Rs 5,000 / Rs 10,000 | up to Rs 20,000 |
| MY26 CNG | Rs 5,000 | Rs 0 / Rs 5,000 | up to Rs 10,000 |
| MY26 Petrol MT/AMT | Rs 5,000 | Rs 0 / Rs 5,000 | up to Rs 10,000 |
Hyundai Creta Discount February 2026
| Hyundai Creta | Exchange / Scrappage Bonus | Total |
|---|---|---|
| MY25 Petrol (All Variants) | Rs 25,000 / Rs 30,000 | up to Rs 30,000 |
| MY25 Diesel (All Variants) | Rs 10,000 / Rs 15,000 | up to Rs 15,000 |
| MY26 Petrol (All Variants) | Rs 15,000 / Rs 20,000 | up to Rs 20,000 |
Hyundai Exter Discount February 2026
| Hyundai Exter | Cash Discount | Exchange / Scrappage Bonus | Corporate Benefit | Total |
|---|---|---|---|---|
| MY25 CNG (Other Variants) | Rs 20,000 | Rs 15,000 / Rs 20,000 | Rs 3,000 | up to Rs 43,000 |
| MY25 EX (O) Petrol & EX Petrol & CNG | Rs 0 | Rs 0 / Rs 5,000 | Rs 0 | up to Rs 5,000 |
| MY25 Petrol-MT/AMT (Other Variants) | Rs 20,000 | Rs 15,000 / Rs 20,000 | Rs 3,000 | up to Rs 43,000 |
| MY26 CNG (Other Variants) | Rs 15,000 | Rs 10,000 / Rs 15,000 | Rs 3,000 | up to Rs 33,000 |
| MY26 EX Petrol/CNG & EX (O) Petrol | Rs 0 | Rs 0 / Rs 5,000 | Rs 0 | up to Rs 5,000 |
| MY26 Petrol-MT/AMT (Other Variants) | Rs 15,000 | Rs 10,000 / Rs 15,000 | Rs 3,000 | up to Rs 33,000 |
Hyundai Alcazar Discount February 2026
| Hyundai Alcazar | Cash Discount | Exchange / Scrappage Bonus | Total Offers |
|---|---|---|---|
| MY25 Petrol | Rs 20,000 | Rs 30,000 / Rs 35,000 | up to Rs 55,000 |
| MY25 Diesel | Rs 0 | Rs 20,000 / Rs 25,000 | up to Rs 25,000 |
| MY26 Petrol | Rs 15,000 | Rs 25,000 / Rs 30,000 | up to Rs 45,000 |
| MY26 Diesel | Rs 0 | Rs 15,000 / Rs 20,000 | up to Rs 20,000 |
Hyundai Grand i10 Nios Discount February 2026
| Hyundai Grand i10 Nios | Cash Discount | Exchange / Scrappage Bonus | Corporate Benefit | Total Offers |
|---|---|---|---|---|
| MY26 Era Petrol MT | Rs 10,000 | Rs 5,000 / Rs 10,000 | Rs 3,000 | up to Rs 23,000 |
| MY26 Petrol MT/AMT | Rs 25,000 | Rs 15,000 / Rs 20,000 | Rs 3,000 | up to Rs 48,000 |
| MY26 CNG MT | Rs 20,000 | Rs 15,000 / Rs 20,000 | Rs 3,000 | up to Rs 43,000 |
| MY25 Era Petrol MT | Rs 10,000 | Rs 5,000 / Rs 10,000 | Rs 3,000 | up to Rs 23,000 |
| MY25 Petrol AMT | Rs 30,000 | Rs 20,000 / Rs 25,000 | Rs 3,000 | up to Rs 58,000 |
| MY25 CNG MT | Rs 20,000 | Rs 15,000 / Rs 20,000 | Rs 3,000 | up to Rs 43,000 |
| MY25 Petrol MT (Other Variants) | Rs 25,000 | Rs 15,000 / Rs 20,000 | Rs 3,000 | up to Rs 48,000 |
Hyundai Venue Discount February 2026
| Hyundai Venue | Scrappage Bonus | Total Benefit |
|---|---|---|
| Petrol/Diesel MT/AT (All Variants) | Rs 5,000 | up to Rs 5,000 |
| Venue N Line | Rs 5,000 | up to Rs 5,000 |
Hyundai Ioniq 5 Discount February 2026
The Hyundai Ioniq 5 is being offered with ₹5 lakh cash discount in certain cities (like Delhi and Pune) to stay competitive against new rivals.
With these offers, the ex-showroom price (approximately ₹46.05 lakh) can be effectively reduced, though the final on-road price will vary significantly by state due to differing RTO taxes for EVs.
Caronphone Verdict: Is February 2026 the Best Time to Buy Hyundai Car?
If you don’t mind skipping the “2026” badge on your registration,February is a fantastic opportunity. Hyundai is currently offering a two-tier discount system: they’re aggressively clearing out the MY25 leftovers while also rolling out some decent “intro” deals on the MY26 models.
Caronphone’s Pro Tips to Slash the Price Further
1. Keep an eye out for the “Forgotten” 2024 Stock: Make sure to ask about any leftover MY24 units. For the IONIQ 5, these models often come with hidden discounts that can reach up to ₹10 Lakh, just to clear them out.
2. Stack the “Scrappage Bonus”: Hyundai is leaning heavily into Scrappage Bonuses (up to ₹70,000 in some regions).
3. The Insurance “Price Match” Hack: Never accept the dealer’s first insurance quote. Get an online quote from a third party before you walk in. Show the dealer the price. They will almost always match it to keep the deal alive, saving you an easy ₹10,000–₹25,000 on the spot.
4. Negotiate on the Handling Charges: Many dealers sneak in “Logistics” or “Handling” fees. These charges can often be illegal or easily negotiable—make sure to insist on waiving them to save an additional₹5,000–₹10,000. The “Last Day” Strategy: Visit the showroom between February 24th and 28th. Sales consultants are usually a few cars short of their monthly targets and are much more likely to offer “manager-level” discounts to close the deal.
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