Hyundai Bayon
The Hyundai Bayon is a modern vehicle offering refined styling, competitive pricing, and advanced tech features tailored for contemporary Indian roads.
Hyundai Bayon price starts from ₹10 Lakh for the base model and goes up to ₹18 Lakh for the top model (avg. ex-showroom) as of October 2026.
Hyundai Bayon Price Details:
- Base Variant (HX2 MT): ₹10 Lakh
- Top Variant (HX10 iVT): ₹18 Lakh
- Estimated On-Road Price: ₹11.2 Lakh - ₹20.16 Lakh
Hyundai Bayon Engine & Variant Options:
- Engine Options: 1.5L MPi four-cylinder petrol
- Transmission: 6-speed Manual / iVT Automatic
- Variants: Available in 11 variants.
Hyundai Bayon Insurance Quotes & EstimatesOctober Offers
Estimated annual premiums and coverage options for your new Hyundai Bayon.
Comprehensive Cover
Recommended for complete protection including own-damage, theft, natural disasters, and third-party liabilities. Typically costs around 3-4% of the car's Insured Declared Value (IDV).
Third-Party Cover
Mandatory by law in India. Covers legal liabilities arising from damage to a third party's property or injury/death. Does not cover damages to your own Hyundai Bayon. Rates are fixed by IRDAI based on engine capacity.
Tips on IDV Calculation
The Insured Declared Value (IDV) is the maximum sum assured fixed by the insurer. For a brand new Hyundai Bayon, the IDV is typically calculated at 95% of the ex-showroom price. Over time, depreciation applies:
- Up to 6 months: 5% depreciation
- 6 months to 1 year: 15% depreciation
- 1 to 2 years: 20% depreciation
- 2 to 3 years: 30% depreciation
Tip: Always opt for 'Zero Depreciation' (Bumper-to-Bumper) add-on for the first 3-5 years to ensure you get full claim value without deductions for plastic, glass, or rubber parts.