The Baojun Yep Plus electric SUV is expected to get about Rs 13 lakh cheaper under the Auto Policy 2026-31, from about Rs 63 lakh to roughly Rs 50 lakh.
Note: The distributor has not yet updated its official prices after the Auto Policy 2026-31. All new prices on this page are expected figures based on reported estimates, and current prices may differ slightly by dealer. We will update this page when official prices are announced.
Last updated: 11 November 2026 by Ahmed Malik. Current prices are approximate, as reported after the policy announcement; 1-year KIBOR 12.92%.
Baojun Yep Plus Current and Expected Price
| Variant | Fuel | Current price | Expected after policy |
|---|---|---|---|
| Baojun Yep Plus | Electric | about Rs 63,00,000 | about Rs 50,00,000 |
Reported estimate: about Rs 63 lakh now, falling to about Rs 50 lakh, driven by lower taxes on electric vehicles.
Baojun Yep Plus on Installment Under Current Rules
SBP’s current rules: at least 30% down payment, at most Rs 30 lakh financed, and up to 3 years for cars above 1000cc. Because the price is well above Rs 42.86 lakh, the loan is capped at Rs 30 lakh and any price cut lowers the down payment, not the installment.
| Variant | Down payment | Financed | HBL 14.50%, 3 years | MCB KIBOR + 4%, 3 years |
|---|---|---|---|---|
| At current price | Rs 33,00,000 (52%) | Rs 30,00,000 | Rs 1,03,263 | Rs 1,06,839 |
| At expected price | Rs 20,00,000 (40%) | Rs 30,00,000 | Rs 1,03,263 | Rs 1,06,839 |
Excludes insurance and tracker. Some banks offer corporate financing above Rs 30 lakh based on company accounts.
If the Rs 1 Crore NEV Loan Limit Applies
The policy raises the bank loan limit for new energy vehicles from Rs 30 lakh to Rs 1 crore, with up to 5 years to repay. Banks can offer this only after the State Bank issues new rules. For the Baojun Yep Plus at the expected price:
| Baojun Yep Plus at Rs 50,00,000 | Current rules | If NEV rules apply (30% down, 5 years) |
|---|---|---|
| Down payment | Rs 20,00,000 | Rs 15,00,000 |
| Financed | Rs 30,00,000 | Rs 35,00,000 |
| Monthly at 14.50% | Rs 1,03,263 (3 years) | about Rs 82,349 (5 years) |
Illustration only; NEV loan rates have not been published.
Salary Needed for a Baojun Yep Plus on Installment
Banks usually keep loan installments within about 40% of take-home pay, so a Rs 1,03,263 installment needs a take-home salary of roughly Rs 2,58,157.
Check before you book: see if you qualify with our car loan eligibility guide, work out the monthly qist on the car loan calculator, and compare all models in car prices after the Auto Policy.
Baojun Yep Plus New Price: FAQs
What will be the new price of Baojun Yep Plus?
About Rs 50 lakh, down from about Rs 63 lakh, if the reported estimate holds.
What is the Baojun Yep Plus installment?
About Rs 1,03,263 a month for 3 years at HBL’s 14.50% under current rules, because banks finance at most Rs 30 lakh. The rest is paid as down payment.
Baojun Yep Plus ki nayi qeemat kya hogi?
Andazan Baojun Yep Plus takreeban Rs 63 lakh se kam ho kar Rs 50 lakh ho sakti hai. Company ki official nayi list abhi nahi aayi, yeh expected qeemat hai.
Baojun Yep Plus ki qist kitni hogi?
Maujooda qawaid mein bank zyada se zyada Rs 30 lakh finance karta hai, is liye 3 saal ki qist takreeban Rs 1,03,263 hai. Qeemat kam hone se down payment kam hoga.
This guide is for general information only and is not financial advice. Prices and rates change often; confirm with the company and your bank before you book.
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