Swaraj 724 XM On-Road Price in Madhya Pradesh 2026

Swaraj 724 XM on-road price in Madhya Pradesh starts at roughly ₹ 4.68 Lakh. Full breakdown: ex-showroom price, RTO registration, Madhya Pradesh road tax rules for agricultural tractors, insurance and EMI.

Price breakdown — Madhya Pradesh

ex-showroom Price ₹4,58,344 – ₹4,78,272
RTO registration + HSRP ₹81 – ₹1,500
Road tax exempt (express statutory exemption)
Insurance (first year, estimate) ₹6,875 – ₹14,348
Dealer handling & other charges Varies by dealer
Estimated on-road price — Madhya Pradesh ₹4,67,511 – ₹5,02,186

This is an estimate built from published ex-showroom prices and state motor-vehicle rules. RTO practice varies by district, and dealers add their own handling charges. Confirm the final figure with your dealer before paying.

Tractor registration and road tax in Madhya Pradesh

Nil for the tractor. MP Motoryan Karadhan Adhiniyam 1991 s.11(2): 'No tax shall be leviable on any motor vehicle used or kept for use solely for the purpose of agriculture.' The Explanation to s.11(2) expressly protects a tractor-trailer combination belonging to a bona fide agriculturist used for transporting produce grown on land cultivated personally, or materials required for agriculture. Trailer tax where levied: Rs 28 per quarter for a trailer not exceeding 1,000 kg, Rs 66 per quarter above 1,000 kg.

One of the cleanest exemptions in the country, and unusually generous because the Explanation extends it to tractor-trailer haulage of the farmer's own produce — which several other states (Bihar, Jharkhand, Maharashtra) expressly exclude. Safe to publish.

RTO registration: 600 (LMV non-transport, Rule 81) + 200 smart card. Verify with RTO.

Insurance: Same as national: TP at notified rate; comprehensive roughly 2-3% of value in year one (trade estimate).

Swaraj 724 XM EMI — Madhya Pradesh

—Monthly EMI
—Total interest
—Total payable

Key specifications — Swaraj 724 XM

Engine HP25 HP
Engine capacity1,824 cc
Cylinders2
Gearbox8 Forward + 2 Reverse, heavy-duty 280 mm single dry plate clutch
BrakesDry disc (oil-immersed optional)
SteeringMechanical steering, single drop arm
Lifting capacity1,000 kg
Warranty2 years / 2000 hours

Swaraj 724 XM — Full specifications

On-road price in other states

Swaraj 724 XM — Uttar PradeshSwaraj 724 XM — RajasthanSwaraj 724 XM — MaharashtraSwaraj 724 XM — PunjabSwaraj 724 XM — HaryanaSwaraj 724 XM — BiharSwaraj 724 XM — GujaratSwaraj 724 XM — KarnatakaSwaraj 724 XM — Andhra PradeshSwaraj 724 XM — TelanganaSwaraj 724 XM — West BengalSwaraj 724 XM — Tamil NaduSwaraj 724 XM — OdishaSwaraj 724 XM — ChhattisgarhSwaraj 724 XM — Jharkhand

Other popular tractors in Madhya Pradesh

All tractor prices in Madhya Pradesh →

Frequently asked questions

What is the on-road price of the Swaraj 724 XM in Madhya Pradesh?

Working from the current ex-showroom price of ₹ 4.58 Lakh – ₹ 4.78 Lakh, the estimated on-road price in Madhya Pradesh is about ₹ 4.68 Lakh to ₹ 5.02 Lakh. That adds registration, HSRP, insurance and dealer handling. Your dealer quote is the only binding number.

Is road tax charged on an agricultural tractor in Madhya Pradesh?

Nil for the tractor. MP Motoryan Karadhan Adhiniyam 1991 s.11(2): 'No tax shall be leviable on any motor vehicle used or kept for use solely for the purpose of agriculture.' The Explanation to s.11(2) expressly protects a tractor-trailer combination belonging to a bona fide agriculturist used for transporting produce grown on land cultivated personally, or materials required for agriculture. Trailer tax where levied: Rs 28 per quarter for a trailer not exceeding 1,000 kg, Rs 66 per quarter above 1,000 kg.

Sources: www.legitquest.com prsindia.org · Last updated: 2026-08-21