Best cars under Rs. 20 lakh

In India, the market offers an extensive range of cars under Rs. 20 lakh. This category caters to buyers looking for luxury cars. These can be sedans or feature-rich SUVs. You can choose from a base model of a high-end car or explore the high-end models of cars that start from around Rs. 10 lakh.

Additionally, if financial constraints are holding you back from getting your preferred car, our new car finance can be a solution. Get up to 100% financing of the car’s on-road price. The loan amount depends on your eligibility. But the new car loan gives you the chance to bring home the car of your choice.

Here is the list of some of the best cars under Rs. 20 lakh:

Buying a new car within a set budget can be challenging, especially with so many choices in the Indian market. To simplify your decision, we have compiled a list of some of the best cars under Rs. 20 lakh. These models stand out for their balance of price, features, performance, and reliability, making them popular options among first-time buyers and families alike.

*Ex-showroom price in Delhi. Prices will vary depending on the city of purchase.

Kia Carens:

For those seeking advanced features in a car under Rs. 20 lakh, the Kia Carens is here to save the day. It features standard 6 airbags, all-wheel disc brakes, and iMT - intelligent manual transmission. The advanced audio system with the Bose premium sound system and 8 speakers deliver uninterrupted access to your favourite music.

The engine options include the Advanced Smartstream 1.5l T-GDi petrol engine, Advanced Smartstream 1.5l petrol engine, or the refined 1.5L CRDi VGT diesel engine. The Kia Carens offers a plethora of variants to choose from, including Premium, Prestige, Luxury, and X-Line. The Kia Carens provides a claimed mileage of 17.9 kmpl to 21 kmpl.

Mahindra XUV700:

The Mahindra XUV700 is a good car option if you have a budget of under Rs. 20 lakh. Along with Turbo Petrol with Direct Injection (TGDi) and Turbo Diesel with CRDi engines connected with 6 manual or automatic transmissions, all variants offer amazing power and fuel efficiency for any journey. The car has a fuel capacity of 60 litres, ensuring no stops are necessary during long drives.

The mileage ranges from 13 kmpl for the automatic petrol variant to 17 kmpl for the manual diesel variant. Starting at just Rs. 13.99 lakh base model MX Petrol, the Mahindra XUV700 is a fantastic vehicle for anyone looking for unmatched comfort and value.

MG Hector Plus:

The Hector Plus cars have a mileage range of 12.34 kmpl to 15.58 kmpl. Available in several variants like Style, Sharp Pro MT, Shine Pro, Select Pro, and Smart Pro, the Hector Plus offers a range of options for every buyer. The car's exterior features a stunningly bold design, combined with highly advanced features that make it stand out from the competition. Step inside the Hector Plus, and you will experience cutting-edge technology like an Automatic Powered Tailgate and 360 Around View Camera System. These features add comfort and convenience to your journey.

Tata Harrier

The Tata Harrier, a flagship SUV by Tata Motors, epitomizes sophistication and power. Its striking design merges contemporary aesthetics with robust engineering, boasting a sleek profile adorned with sleek lines and bold accents. Underneath its stylish facade lies a potent engine, delivering formidable performance both on and off the road. The spacious and luxurious interior is crafted with precision, offering unparalleled comfort and advanced technology at your fingertips. This SUV also gives an impressive mileage of 16.8 kmpl.

Hyundai Creta

The Hyundai Creta is a SUV that perfectly blends style, performance, and modern technology. The Hyundai Creta offers a premium and spacious cabin, crafted with meticulous attention to detail. The interiors are both luxurious and practical, providing ample space for passengers and a range of tech features, including a large infotainment system, ADAS, and a 360 degree camera.

Tata Nexon

The Tata Nexon is a compact SUV that effortlessly combines style, performance, and cutting-edge technology. Its bold exterior design features a

adjustable headlamps, rear window defogger, and alloy wheels, making it a standout on the road. Inside, the Nexon offers a premium and spacious cabin, designed with attention to detail. The interiors are both practical and luxurious, providing ample space for passengers, along with a host of advanced tech features, including a large infotainment system, multi-function steering wheel, and a power windows front. The Tata Nexon is available in multiple variants, with prices starting at Rs. 8 lakh. 

Kia Seltos

The Kia Seltos is a dynamic compact SUV that seamlessly blends style, performance, and advanced technology. Its striking exterior design is characterised by adjustable headlamps, integrated antenna, roof rails, and stylish alloy wheels, making it a commanding presence on the road. Inside, the Seltos offers a spacious and luxurious cabin, crafted with precision and attention to detail. The interiors are both practical and sophisticated, providing ample space for passengers and a host of modern features, including an infotainment system, a power steering, and Anti-lock Braking System (ABS). The Kia Seltos is available in multiple variants, with prices starting at Rs. 11.13 lakh.

Mahindra Thar ROXX

The Thar ROXX combines iconic off-road capability with bold design under Rs. 25 lakh. Prices begin at Rs. 12.99 lakh (ex-showroom) and go up to Rs. 23.39 lakh. It is available in 18 variants, including tough 4×4 petrol and diesel manual or automatic options. The Thar ROXX delivers a rugged driving experience, high ground clearance, and solid build quality—making it perfect for adventure lovers who want both style and capability.

Honda Elevate

The Honda Elevate is a premium compact SUV priced from roughly Rs. 11.91 lakh to Rs. 16.83 lakh (ex-showroom). It offers a strong 1.5 litre petrol engine and smooth manual or CVT transmissions. The Elevate stands out with Honda Sensing ADAS features, six airbags, a roomy 458-litre boot, and a modern cabin with wireless Apple CarPlay and Android Auto. It is ideal for city drivers who value comfort, safety, and a tech-forward ride.

Skoda Slavia

The Skoda Slavia is a refined compact sedan, priced between Rs. 10.49 lakh and Rs. 18.33 lakh (ex-showroom). It earned a 5-star Global NCAP crash test rating, reinforcing its commitment to safety. With sleek design lines, a turbo petrol engine, spacious interiors, and modern safety features, the Slavia offers a luxurious yet practical driving experience for those seeking style, performance, and confidence on the road.

Cars under Rs. 20 lakh key highlights

The under-20 lakh segment is one of the most competitive in the Indian car market, offering buyers a wide range of SUVs and sedans with advanced features, strong performance, and modern safety standards. From fuel-efficient sedans to rugged SUVs, these models strike the right balance between value and premium appeal.

Why choose Bajaj Mall for your car purchase

Get an up-close look at the latest models of these cars and more on Bajaj Mall. Additionally, make the most out of our hassle-free financing solution to ensure a comfortable buying experience.

A new car can change the way you drive, but financing it can be a huge burden. We make it easy for you to buy your preferred car with our Bajaj Finserv New Car Loan. We offer affordable financing options that can meet your specific requirements, including high-value loans and convenient repayment plans. Additionally, with new car loan interest rates, you will not have to think twice about the financing aspect of your purchase. So, what are you waiting for?

Learn more about our new car loans and make your much-awaited purchase today.

Check out cars from different budget options