Best petrol cars under Rs. 8 lakh

Read our comprehensive guide to explore available car options and how Bajaj Finserv New Car Finance can help you fund your car purchase.
Best petrol cars under Rs. 8 lakh
3 min
24 March-2026

The under-Rs. 8 lakh petrol car segment is where most first-time car buyers in India begin their ownership journey. From metros like Mumbai and Delhi to rapidly growing cities like Indore, Kochi, and Rajkot, petrol hatchbacks and entry-level SUVs in this range offer affordability, fuel efficiency, and low maintenance in one practical package. Popular choices include the Maruti Alto K10, Tata Tiago, Renault KWID, Maruti Wagon R, Maruti Swift, Hyundai Exter, Tata Punch, and Renault Kiger. These cars deliver certified petrol mileage of 18 to 25 kmpl and are built for Indian road conditions — featuring adequate ground clearance, practical cabin space, and modern infotainment systems that suit the everyday buyer profile in this segment.

car loan from Bajaj Finance can help you purchase your first petrol car with ease. Quick approval and flexible EMI options make getting your car simpler than ever.

Want to avoid delays in your purchase? Check your pre-approved new car loan offer and move closer to owning your new car.


List of the best petrol cars under Rs. 8 lakh in India

Model nameEx-showroom price (starting at)*
Maruti Suzuki Alto K10Rs. 3,69,900
Tata TiagoRs. 4,57,000
Renault KWIDRs. 4,30,000
Maruti Suzuki Wagon RRs. 4,98,900
Maruti Suzuki SwiftRs. 5,79,000
Hyundai ExterRs. 5,79,000
Tata PunchRs. 5,59,000
Renault KigerRs. 5,76,300

*Prices are ex-showroom, Delhi. Prices may vary by city, variant, and dealer.

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 making your decision.


Let us explore each of these cars and see what makes them stand out. We will also see how you can finance them with a new car loan from Bajaj Finance.

Maruti Suzuki Alto K10

India's most popular entry-level petrol car. Simple to own, easy to drive, and extremely economical. Its lightweight build and small engine keep running costs to a minimum. The ideal first car for urban and semi-urban buyers on a tight budget.

Tata Tiago

A value-packed petrol hatchback with strong safety credentials. Includes dual airbags and ABS as standard and delivers a comfortable cabin experience. The Tiago's polished design and Tata reliability make it popular among safety-conscious first-time buyers.

Renault KWID

A budget-friendly hatchback with a mini-SUV inspired design and good ground clearance. Practical and easy to manoeuvre in city traffic, available in both 0.8L and 1.0L petrol engine options. Offers better visibility than most hatchbacks in its segment.

Hyundai Exter

A stylish micro-SUV that brings premium design and features to an affordable price. Offers a raised driving position, a modern cabin, and multiple safety features. The Exter is available with a strong hybrid CNG option for further running cost savings.

Tata Punch

A micro-SUV with a five-star safety rating that stands out in the budget petrol segment. Confident stance, spacious cabin, and practical features make it popular. Available in petrol and CNG variants, offering flexibility based on running cost preference.
 

Best petrol cars under Rs. 8 lakh in India – key highlights

CategoryModel name
PopularMaruti Suzuki Swift, Tata Punch, Hyundai Exter
AffordableMaruti Suzuki Alto K10, Renault Kwid, Tata Tiago
ExpensiveTata Punch, Hyundai Exter
Fuel-efficientMaruti Suzuki Alto K10, Maruti Suzuki Wagon R, Maruti Suzuki Swift

Planning to buy one of these cars but unsure if it fits your monthly budget? Check your new car loan eligibility and understand your financing options clearly before booking.
 

Why choose Bajaj Mall for your car purchase

For first-time buyers exploring petrol cars under Rs. 8 lakh, Bajaj Mall is a reassuring and well-organised starting point. The platform lists all major entry-level petrol cars in India, with easy-to-read pricing, feature comparisons, and clear variant breakdowns — all in one place. No guesswork, no multiple dealership visits.

The Bajaj Finserv New Car Loan makes your first purchase financially accessible with:

  • Up to 100% on-road price funding
  • Attractive car loan interest rates
  • Flexible repayment tenure options
  • Minimal documentation and quick approval

The car loan EMI calculator helps you identify a monthly payment that does not stretch your finances before you finalise the booking.

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

Disclaimer

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Frequently asked questions

Which is the best petrol car under Rs. 8 lakh in India?
There are multiple options available in this segment of cars. You can choose the petrol car that suits your requirement the most. Some of the popular options are Maruti Suzuki Wagon R, Maruti Suzuki Swift, Hyundai Exter and more.

Which petrol cars under 8 lakh give good mileage?
Maruti Suzuki Swift and Maruti Suzuki Wagon R are some of the available options that give good mileage.

Which is the low-priced petrol car under Rs. 8 lakh?
Maruti Suzuki Wagon R LXi priced at Rs. 5.55 lakh is one of the affordable options available in this segment.

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