Looking for a budget-friendly car without compromising on style, features, or performance? There are plenty of excellent options under Rs. 15 lakh that offer great value for money. From compact sedans and stylish hatchbacks to rugged SUVs, you can find a car that suits your needs perfectly. Popular models like the Maruti Suzuki Baleno, Hyundai Creta, and Tata Nexon come packed with features that make them ideal for both city commutes and longer trips.
The best part? Financing your new car is easier than ever with Bajaj Finserv New Car Loans. With flexible car loan options and competitive interest rates, you can now drive home your dream car without any financial burden. Want to skip the waiting time? Check if you are eligible for a pre-approved new car loan and fast-track your car purchase today.
In this article, we will explore the best cars under Rs. 15 lakh and how you can easily get the car loan you need to make your purchase hassle-free.
List of best cars under Rs. 15 lakh:
Here’s a curated list of the best cars under Rs. 15 lakh available in India, each offering great features, excellent mileage, and exceptional value for money.
Model Name |
Ex-Showroom Price (Starting at) |
Maruti Suzuki Baleno |
Rs. 6.70 lakh |
Hyundai Creta |
Rs. 11.90 lakh |
Mahindra Scorpio Classic |
Rs. 13.62 lakh |
Tata Harrier |
Rs. 14.99 lakh |
Mahindra XUV700 |
Rs. 13.99 lakh |
Tata Nexon |
Rs. 8 lakh |
Hyundai Verna |
Rs. 11.07 lakh |
Kia Carens |
Rs. 10.60 lakh |
Hyundai i20 |
Rs. 7.04 lakh |
Kia Seltos |
Rs. 11.13 lakh |
*Ex-showroom price in Delhi. Prices will vary depending on the city of purchase.
1. Maruti Suzuki Baleno: The Maruti Suzuki Baleno is a popular choice in the hatchback segment, offering exceptional fuel efficiency and modern technology. The 1197 cc engine provides a power output of 89.7 PS and a torque of 113 Nm, making it smooth to drive. The ARAI mileage of the Baleno petrol automatic is an impressive 22.9 kmpl, and the CNG variant offers 30.61 km/kg.
Key features:
- Spacious 5-seater capacity
- Advanced technology, LED tail lamps and ABS with EBD
- Multiple variants to suit your preferences
2. Hyundai Creta: The Hyundai Creta is a stylish and feature-packed compact SUV. It comes in different petrol and diesel options, offering a smooth and comfortable driving experience. With features like driving modes and Hyundai’s SmartSense ADAS, the Creta ensures safety and convenience on the road. Its petrol variants give mileage of up to 18.4 kmpl, on the other hand diesel variants give mileage of up to 21.8 kmpl.
Key features:
- Comfortable 5-seater capacity
- SmartSense ADAS for safety
- Multiple driving modes for a better drive
- Modern design and advanced technology
With ex-showroom prices starting at Rs. 11.90 lakh, the Creta is an excellent choice if you are seeking a premium SUV with great mileage and performance. Want to make this SUV yours? Check your loan amount eligibility to find out how much you can borrow and plan your purchase accordingly.
3. Mahindra Scorpio Classic: For those who prefer a more rugged vehicle, the Mahindra Scorpio Classic S is an ideal choice. Its powerful 97 kW diesel engine and manual transmission make it a great option for long road trips and family outings. With a seating capacity of 7 or 9, this SUV is perfect for large families. The ARAI claimed mileage is 15 kmpl.
Here are some of the key features:
- LED tail lamps
- Micro hybrid technology
- Comfortable seating for large groups
Looking to drive the Mahindra Scorpio Classic S? Bajaj Finserv New Car Loan can help finance the complete on-road price of your car, with flexible repayment options. Check your loan eligibility amount eligibility and find out how much you can borrow.
4. Tata Harrier: The Tata Harrier brings together bold design and powerful performance. Available in a range of variants, this SUV offers a mileage range of 14.6 to 16.8 kmpl, making it an efficient option for long drives and daily commutes.
Key features:
- Alloy wheels
- LED projector headlamps
- Voice-assisted panoramic sunroof
5. Mahindra XUV700: The Mahindra XUV700 is a premium SUV that offers top-notch technology and performance. With its 15 kmpl ARAI mileage, advanced infotainment system, and ADAS features, this SUV promises a luxurious ride.
Key features:
- Spacious interiors
- Cutting-edge safety features
- Advanced driving technology
6. Tata Nexon: If you are looking for a compact SUV that’s big on safety, performance, and style, the Tata Nexon is a great option. The Nexon boasts a 5-star Global NCAP safety rating and delivers a mileage of 17 kmpl.
Key features:
- Bold design
- 5-seater capacity
- High-tech infotainment system
7. Hyundai Verna: The Hyundai Verna is a stylish and smart compact sedan. It has a bold look and smooth performance, making it a great choice for daily drives and long trips. The inside feels premium, with comfy seats and plenty of space for five passengers.
Key features:
- Spacious and comfortable 5-seater
- Premium cabin with smart design
- Smooth drive with petrol and diesel options
- Modern tech and safety features
8. Kia Carens: The Kia Carens is a family-friendly MPV with style and space. It has a bold design and comes with many useful features. With a roomy cabin and flexible seating, it is perfect for large families or long trips.
Key features:
- 6 and 7-seater options for families
- Large cabin with smart storage
- Bold design with LED lights
- Features like touchscreen and air purifier
9. Hyundai i20: The Hyundai i20 is a premium hatchback that mixes style and comfort. It has a sporty look, smooth performance, and comes packed with modern features. Inside, the cabin feels roomy and classy, with space for five people.
Key features:
- Stylish and bold design
- Spacious 5-seater cabin
- Advanced safety and tech features
- Great for both city and highway drives
Ready to purchase this stylish hatchback? With the Bajaj Finserv New Car Loan, you can get financing of up to 100% of the on-road price of the car. You might also have a pre-approved offer ready for you that will speed up your loan process. Check your offer now in just a few clicks and plan your purchase with ease.
10. Kia Seltos: The Kia Seltos is a popular compact SUV known for its bold design and smart features. It is available in multiple petrol and diesel variants, offering both manual and automatic transmission options. With a strong road presence and user-friendly features, the Seltos delivers a smooth and comfortable drive.
Key features:
- Spacious 5-seater layout
- Safety features including 6 airbags and ESC
- Stylish design with LED lighting and alloy wheels
Choose Bajaj Mall for your car purchase
Exploring cars on Bajaj Mall is easy and simple. You can use search filters to find cars based on price, brand, body type, and more. This helps you narrow down your choices quickly and find the car that suits your needs.
Once you select your desired car, you can book it online by applying for the Bajaj Finserv New Car Loan. This loan makes the buying process smooth and stress-free. When you choose a new car loan from Bajaj Finance, you benefit from quick approvals, flexible repayment tenure, and a simple application process.
You can select a repayment plan that fits your budget. To plan better, you can use the online car loan EMI calculator. It shows your monthly instalments in advance, helping you manage your finances smartly.
Planning to buy your car soon? Visit Bajaj Mall, explore the available options, and book your car with the help of a Bajaj Finserv New Car Loan. If you are curious about how much you can borrow, check your loan amount eligibility in just a few clicks and plan your purchase with confidence.
Note: Mileage figures are as per ARAI certification and may vary based on driving conditions and other factors.
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