The Indian car market offers many options for buyers with different needs and budgets. If you are planning to buy a new car under Rs. 12 lakh, you will find several strong choices that offer good features, safety, and performance.
Even within this budget, financial planning is important. A car loan helps reduce the pressure of paying a large amount at once. Bajaj Finserv New Car Loan allows you to spread the cost into manageable monthly instalments with flexible repayment options.
Want to speed up your purchase decision? Check your pre-approved new car loan offer and move ahead with confidence.
Let us explore some of the best cars under Rs. 12 lakh in India.
Model name |
Ex-showroom price (starting at)* |
Maruti Suzuki Baleno |
Rs. 5.99 lakh |
Hyundai i20 |
Rs. 5.99 lakh |
Tata Nexon |
Rs. 7.32 lakh |
Kia Sonet |
Rs. 7.30 lakh |
Maruti Suzuki Grand Vitara |
Rs. 10.77 lakh |
Hyundai Creta |
Rs. 10.79 lakh |
Maruti Suzuki Brezza |
Rs. 8.26 lakh |
*Prices mentioned are ex-showroom Delhi and may vary by city.
Planning to buy one of these cars but unsure about your financing range? Check your new car loan eligibility and find out how much you can borrow before finalising your choice.
Maruti Suzuki Baleno
The Maruti Suzuki Baleno is a stylish hatchback that focuses on high efficiency. You can enjoy a mileage of up to 22.94 kmpl with petrol variants. The CNG models offer an even better figure of 30.61 km/kg. It comes with LED projector headlamps and a clear touchscreen system. You also get dual airbags to stay safe on every trip.
Hyundai i20
The Hyundai i20 combines a modern exterior with many smart interior features. It delivers a good mileage of up to 20 kmpl for your journeys. You will find a 10.25-inch touchscreen and a wireless phone charger inside. The car provides multiple airbags for the safety of all passengers. It is a fantastic choice if you love a tech-filled cabin.
Tata Nexon
The Tata Nexon is a compact SUV famous for its very strong build. It uses a tough body to keep everyone inside safe and secure. The diesel variants offer a great mileage of up to 24.08 kmpl. You get features like a touchscreen system and ABS with EBD. This car handles bumpy roads with a lot of ease.
Kia Sonet
The Kia Sonet is a compact SUV that offers many high-end features. You get a large 10.25-inch touchscreen to control your music and maps. The car also uses connected technology to link with your smartphone. Higher models include advanced safety systems for better protection on the road. It has a very bold and sporty design.
Maruti Suzuki Grand Vitara
The Maruti Suzuki Grand Vitara is a large SUV for people who need space. It features a 9-inch touchscreen and smart connected car technology. This car is a perfect pick if you enjoy a big and comfortable ride. It offers a very smooth engine that is great for highway cruising. You will find the cabin very quiet and relaxing.
Hyundai Creta
The Hyundai Creta is a top choice for SUV buyers in India. It comes with premium interiors that look and feel very high-quality. You get a modern touchscreen and many smart connected features. This SUV also offers advanced safety systems to help you drive with peace. It is a very stable car for long family trips.
Maruti Suzuki Brezza
The Maruti Suzuki Brezza is a reliable SUV that is very practical for daily use. It offers a 9-inch touchscreen and easy connectivity for your phone. You get safety features like dual airbags and ABS as standard. The car is very easy to drive in heavy city traffic. It remains a popular pick for its low maintenance costs.
Planning to buy either of these cars but unsure if it fits your monthly budget? Check your new car loan eligibility and understand your borrowing capacity clearly before booking.
Key highlights of cars under Rs. 12 lakh
Category |
Model name |
Popular |
Maruti Suzuki Baleno |
Affordable |
Hyundai i20 |
Premium-priced |
Maruti Suzuki Grand Vitara |
Fuel-efficient |
Maruti Suzuki Baleno |
Why choose Bajaj Mall for your car purchase
Buying a car should be simple and transparent. Bajaj Mall offers a wide range of cars under Rs. 12 lakh in one place. You can compare models, check specifications, and view updated prices without visiting multiple showrooms.
User-friendly filters allow you to narrow your search by brand, price, and fuel type. Once you select your preferred car, booking becomes easy with Bajaj Finserv New Car Loan support.
This loan offers:
- Up to 100% on-road price funding
- Attractive car loan interest rates
- Flexible repayment tenure options
- Minimal documentation and quick approval
Use the car loan EMI calculator to plan your monthly instalments clearly before you book.
Ready to move ahead? Check your pre-approved new car loan offer and bring home your new car with confidence.
