Bike On-road price calculator
Note: This bike On-road price calculator is currently available only for Kerala and Tamil Nadu states and will soon expand to other states in India. Also please note that we had tried our best to integrate latest data to calculator. To get precise Two wheeler on-road price in India you might need to get in touch with respective company showroom.
Buying a new bike or scooter? The sticker price is just the beginning. With taxes, insurance, and registration fees, the final amount you pay—your on-road price—can be much higher. Our bike On-road price calculator explains each step in simple terms. So lets get into the details.
1. Ex-Showroom Price
What it is: The price you see at the showroom (this price includes GST).
Why it matters: It’s the base price that is offered from the showroom as the name suggests. — all other fees are calculated on top of this. Here our Bike On-Road Price Calculator help you to calculate on-road prices.
2. Road Tax
What it pays for: Used for road maintenance and infrastructure in your state. One-time charge and in some states there is an option for yearly payment also.
Rates by State
| State | Price Range | Tax Rate |
|---|---|---|
| Tamil Nadu | Up to ₹1,00,000 | 10% |
| Tamil Nadu | Above ₹1,00,000 | 12% |
| Kerala | Up to ₹1,00,000 | 13% |
| Kerala | ₹1,00,000–₹2,00,000 | 15% |
| Kerala | Above ₹2,00,000 | 21% |
Tip: Multiply your ex-showroom price by the tax rate to get the road tax amount.
3. Comprehensive Insurance
This covers damage to others (Third-Party) involved in the accident and to your own bike (Own Damage). So basically it is a combination of both providing insurance for both involved in the accident.
a. Third-Party (TP) Premium
Why it’s mandatory: Covers injury or damage you cause to other people or property.This is mandatory as per rule of Government of India. See below table for how Third party premium rates are calcuated as per IRDAI of 2025. Calculation is purely based on Engine capacity or displacement.
| Engine (cc) | TP Premium |
|---|---|
| Up to 75cc | ₹538 |
| 76cc–150cc | ₹714 |
| 151cc–350cc | ₹1,366 |
| Above 350cc | ₹2,804 |
b. Own Damage (OD) Premium
What it covers: Repair or replacement if your bike is damaged, stolen, or lost.
Step 1: Find IDV (Insured Declared Value)
IDV is the bike’s market value after depreciation. As the bike ages, its value goes down. See below table for detailed rates
| Bike Age | Depreciation |
|---|---|
| Up to 6 months | 5% |
| 6 months–1 year | 15% |
| 1–2 years | 20% |
| 2–3 years | 30% |
| 3–4 years | 40% |
| 4–5 years | 50% |
Formula: IDV = Ex-Showroom × (1 – Depreciation ÷ 100)
Step 2: Choose Your Insurer Rate
The rate is per ₹1,000 of IDV. Pick your insurer from the table below:
| Insurer | Upto 75cc | 76cc–150cc | 151cc–350cc | Greater than 350cc |
|---|---|---|---|---|
| Acko General Insurance | 6 | 7 | 12 | 18 |
| Bajaj Allianz GI | 7 | 8 | 12.5 | 20 |
| Cholamandalam MS GI | 7.5 | 9 | 13 | 22 |
| Future Generali FI | 6.5 | 8 | 12 | 20 |
| Go Digit General Insurance | 6 | 7.5 | 12 | 18 |
| HDFC ERGO GI | 6.5 | 8.5 | 14 | 22 |
| ICICI Lombard GI | 6 | 8 | 14 | 25 |
| IFFCO-Tokio GI | 7 | 9 | 15 | 25 |
| Kotak (Zurich Kotak) GI | 6.5 | 8 | 12 | 20 |
| Kshema General Insurance | 7 | 9 | 14 | 25 |
| Liberty General Insurance | 6 | 8 | 15 | 25 |
| Magma HDI (Magma GI) | 6 | 8 | 13 | 22 |
| National Insurance | 7.5 | 9 | 15 | 25 |
| Navi General Insurance | 5.5 | 7 | 12 | 18 |
| Raheja QBE GI | 7 | 9 | 15 | 25 |
| Reliance General Insurance | 6 | 8 | 14 | 25 |
| Royal Sundaram GI | 7 | 9 | 15 | 25 |
| SBI General Insurance | 6.5 | 8 | 14 | 25 |
| Shriram General Insurance | 6.5 | 8 | 12 | 25 |
| Tata AIG GI | 6 | 8 | 14 | 25 |
| The New India Assurance | 8 | 10 | 15 | 25 |
| Oriental Insurance | 8 | 10 | 15 | 25 |
| United India Insurance | 8 | 10 | 15 | 25 |
| Universal Sompo GI | 6.5 | 7.9 | 15 | 25 |
| Zuno General Insurance | 7 | 8.5 | 12 | 22 |
Formula: OD Premium = (IDV ÷ 1,000) × Rate
Step 3: Add TP + OD
Total Insurance = TP Premium + OD Premium
4. RTO & Registration Fees
Fixed government and service charges which includes state and central goverment amount
| State | Fee | Amount |
|---|---|---|
| Tamil Nadu | Registration | ₹300 |
| Tamil Nadu | Road Safety Tax | ₹375 |
| Tamil Nadu | Handling Fee | ₹100 |
| Kerala | Registration | ₹600 |
5. Total On-Road Price
How it’s calculated:
- Ex-Showroom Price
- + Road Tax
- + Total Insurance (TP + OD)
- + RTO & Registration Fees
7. Sample example using above data and calculation
Imagine:
- State: Tamil Nadu
- Ex-Showroom: ₹1,20,000
- Age: Up to 6 months
- Engine: 150 cc (TP ₹714)
- Insurer rate: ₹7 per ₹1,000 IDV
| Step | Formula | Value |
|---|---|---|
| IDV | 120,000 × 0.95 | ₹114,000 |
| OD Premium | (114,000 ÷ 1,000) × 7 | ₹798 |
| Total Insurance | 714 + 798 | ₹1,512 |
| Road Tax | 12% of 120,000 | ₹14,400 |
| RTO Fees | 300 + 375 + 100 | ₹775 |
| On-Road Price | Sum of above | ₹136,687 |