Best Honda cars under Rs. 20 lakh

Read on to know more about the best Honda cars under Rs. 20 lakh and how our new car loans can help you fund your purchase.
Best Honda cars under Rs. 20 lakh
3 min
3 April-2024

The Indian car market is brimming with fantastic options, catering to a variety of needs and budgets. If you are looking for reliable, stylish, and fuel-efficient Honda cars under Rs. 20 lakh, you are at the right place. They offer a range of sedans packed with features and performance, making your everyday commute or weekend getaways a breeze.

However, buying a new car is a significant decision that requires careful planning, especially when it comes to finances. While the upfront cost may seem daunting, it is essential to explore options like new car loans to ease the burden. With a new car loan, you can spread the cost of your car into small monthly instalments. And if you want to check your monthly EMIs in advance, you can use our car loan EMI calculator for instant results.

This blog explores the best Honda cars under Rs. 20 lakh and explains how checking loan eligibility and financing options can help you plan your purchase with confidence.

Here is the list of the best Honda cars under Rs. 20 lakh available in India

Model name

Ex-showroom price (starting at)

Honda Amaze

Rs. 7.48 lakh

Honda City

Rs. 11.95 lakh

Honda Elevate

Rs. 11.60 lakh


Disclaimer: Prices mentioned are ex-showroom and may vary by city, variant, and dealer. Prices are subject to change without prior notice.

These models offer buyers the flexibility to choose between different body styles, feature levels, and transmissions while staying within the Rs. 20 lakh budget.

Explore the Honda cars under Rs. 20 lakh

Honda’s range under Rs. 20 lakh focuses on comfort, safety, and ease of ownership. These cars are designed to handle daily commuting, long-distance travel, and varied road conditions with confidence.

Honda Amaze

The Honda Amaze is a compact sedan designed for city-focused buyers. It offers a comfortable cabin, smooth ride quality, and easy handling in traffic. The Amaze suits first-time buyers and small families looking for a practical and affordable Honda car.

Honda City

The Honda City is a premium sedan known for its spacious cabin and refined driving experience. It delivers comfort on long journeys and remains easy to drive in the city. The City is ideal for professionals and families seeking a reliable and elegant sedan.

Honda Elevate

The Honda Elevate is a compact SUV designed for buyers who prefer a higher seating position. It offers good visibility, a spacious interior, and confident road presence. The Elevate suits families and young buyers looking for an SUV under Rs. 20 lakh.

Honda cars under Rs. 20 lakh key highlights

Category

Model name

Popular

Honda City

Affordable

Honda Amaze

Expensive

Honda City Hybrid

Fuel-efficient

Honda City Hybrid


Choose Bajaj Mall for your car purchase

Finding your ideal Honda car becomes simple with Bajaj Mall. This digital platform allows you to explore Honda models, compare variants, check specifications, and view prices online from the comfort of your home. The intuitive filters help you shortlist cars based on budget, transmission, and features without visiting multiple showrooms.

Once you select your preferred Honda car, the booking process is quick and secure. The Bajaj Finserv New Car Loan acts as a reliable funding solution and helps make car ownership more manageable. Key benefits include:

  • Up to 100% financing of the car’s on-road price
  • Competitive car loan interest rates
  • Flexible repayment tenures ranging from 12 months to 96 months
  • Minimal documentation and fast loan approvals

To plan your monthly budget, use the car loan EMI calculator to estimate instalments in advance.

You can also check your new car loan eligibility online before finalising your purchase. Bajaj Mall simplifies car discovery, while Bajaj Finance supports your purchase with transparent and reliable funding.

Ready to move ahead? Check your pre-approved new car loan offer and bring home your Honda with confidence.

honda cars under 10 lakh

Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

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Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.
For customer support, call Personal Loan IVR: 7757 000 000

FAQs about Honda cars under Rs, 20 lakh

Which is the best Honda car under Rs. 20 lakh in India?
There are several options available within the budget of Rs. 20 lakh. You can choose the Honda car that suits your requirement the most. Some of the options are Honda City ZX CVT, Honda City Hybrid ZX CVT and more.

Which Honda cars under Rs. 20 lakh offers the best mileage?

Among Honda cars under Rs. 20 lakh, the Honda City Hybrid leads the pack with an impressive mileage of 27.13 kmpl, making it the most fuel-efficient option.

Note: Mileage figures are as per ARAI certification and may vary based on driving conditions and other factors.

Which is the low-priced Honda car under Rs. 20 lakh?
One of the budget-friendly options under Rs. 20 lakh is the Honda Elevate, with its base model priced at Rs. 11.69 lakh.

The prices mentioned are ex-showroom prices in Delhi. Prices will vary depending on the city of purchase.

Which are the most expensive Honda cars under Rs. 20 lakh in India?

The most expensive Honda cars under Rs, 20 lakh in India are Honda City Hybrid and Honda City.

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