Rs 1.20 lakh discount on Rs 6 lakh SUV; Direct rival to Tata Punch

Nissan is offering benefits of up to ₹1.20 lakh on the Magnite ahead of a planned 3% price hike. The compact SUV continues at a starting price of ₹5.61 lakh for now, with strong safety credentials including a 5-star Global NCAP rating. Available with petrol and factory-fitted CNG options, the Magnite remains a value pick.

Post Published By: Sona Saini

Updated : 5 January 2026, 12:53 PM IST

New Year Discount on Nissan Magnite Cuts Impact of 3% Price Rise

New Delhi: Japanese car manufacturer Nissan has announced attractive New Year's discounts on its sole offering in India, the Nissan Magnite. The company had announced a 3% price increase for the Magnite effective January 1st, but now, in a significant relief to customers, it has announced benefits of up to ₹1.20 lakh on purchases made before January 22nd.

Starting Price Remains the Same

According to Nissan's official website, the Magnite's starting price is currently ₹5.61 lakh (ex-showroom). If the 3% increase is implemented, the starting price could reach approximately ₹5.78 lakh. This increased price will apply to all variants. However, benefits of up to ₹1.20 lakh could significantly mitigate the impact of the potential price increase. The company has not clarified whether this offer includes cash discounts, exchange bonuses, or corporate benefits.

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Tough Competition in the Segment

In the compact SUV segment, the Magnite competes with vehicles like the Renault Kiger, Tata Punch, Hyundai Venue, Maruti Suzuki Fronx, and Kia Sonet. The Magnite has been popular with buyers due to its extensive features and robust safety features at a low budget.

5-Star Safety Trust

The Magnite has received a 5-star safety rating from Global NCAP, making it one of the safest vehicles in its segment. Safety features include six airbags, electronic stability control (ESC), hill start assist, ABS, and EBD.

Engine, Gearbox, and CNG Options

Despite being a sub-compact SUV, the Magnite offers strong performance. It is available with a 1.0-liter naturally aspirated petrol engine and a 1.0-liter turbocharged petrol engine. Both manual and automatic gearbox options are available. Additionally, a factory-fitted CNG kit is now available, capable of delivering a mileage of up to 24 km/kg.

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Best time to buy?

For customers planning to purchase a new SUV, purchasing the Magnite before January 22nd could be a profitable deal especially since the price increase has already been announced.