Buying an SUV does not have to break the bank. Today, several powerful, feature-packed SUVs are available in India for under Rs. 8 lakh. These vehicles offer a blend of safety, style, and fuel efficiency — making them ideal for families, first-time buyers, and city commuters. Whether you want high ground clearance for rough roads or a sporty look for city drives, there is something for everyone in this budget.
But even with an affordable price tag, purchasing a car often needs a large amount of money upfront. This is where car loans can help you turn your dream into reality. Instead of paying everything at once, you can spread the cost over time with manageable EMIs. Financing your SUV can be easier than ever with the right support.
With a Bajaj Finserv New Car Loan, you get up to 100% financing on the car’s on-road price. This means you can own your favourite SUV with zero or minimal down payment. Plus, the process is simple, quick, and online — making it ideal for buyers who want to skip long wait times at banks and dealerships. You might even have a pre-approved offer waiting. Check your pre-approved new car loan offer today and book your new car with ease.
Here is the list of best SUVs under Rs. 8 lakh in India
Model Name |
Ex-showroom price (starting at) |
Hyundai Exter |
Rs. 6.21 lakh |
Tata Punch |
Rs. 6 lakh |
Hyundai Venue |
Rs. 7.94 lakh |
Nissan Magnite |
Rs. 6.14 lakh |
Tata Nexon |
Rs. 7.99 lakh |
Kia Sonet |
Rs. 7.99 lakh |
Mahindra XUV 3XO |
Rs. 7.99 lakh |
Maruti Suzuki Fronx |
Rs. 7.54 lakh |
Renault Kiger |
Rs. 6.15 lakh |
Skoda Kylaq |
Rs. 7.89 lakh |
Let us delve into more details about these SUVs to help you choose the car that suits you the best.
Hyundai Exter
The Hyundai Exter starts at Rs. 6.21 lakh for the base EX variant and goes up to Rs. 10.28 lakh for the top-end SX Opt Connect DT AMT. It offers excellent fuel efficiency, with the petrol variant delivering 19.4 kmpl and the CNG version offering an impressive 27.1 km/kg. Designed for both urban and highway use, the Exter is a compact SUV that balances modern styling with practical features, making it a value-packed choice for first-time buyers and city commuters alike.
Tata Punch
Priced from Rs. 6 lakh, the Tata Punch is a compact SUV that stands out with its high ground clearance, bold design, and practical features. It offers a petrol mileage of up to 20.09 kmpl, and the CNG variant delivers an excellent 26.99 km/kg. The Punch is easy to drive in congested areas and offers a comfortable ride, making it a favourite among urban drivers looking for an affordable and efficient daily vehicle.
Hyundai Venue
Starting at Rs. 7.94 lakh, the Hyundai Venue is a feature-rich subcompact SUV ideal for those seeking performance and comfort. The petrol variant delivers a mileage of up to 18.27 kmpl, while the diesel version offers an impressive 24.2 kmpl. With options ranging up to the premium SX Opt Knight Turbo DCT DT at Rs. 13.48 lakh, the Venue combines stylish design, connected tech, and robust performance for city and highway travel.
Nissan Magnite
The Nissan Magnite starts at Rs. 6.14 lakh and offers strong value for money with a bold exterior design, an 8-inch touchscreen infotainment system, and features like a 360-degree camera and advanced connectivity. Its petrol engine delivers up to 19.17 kmpl, making it both stylish and economical. The Magnite is a solid choice for young buyers and small families looking for a modern SUV at an accessible price point.
Tata Nexon
Starting at Rs. 7.99 lakh, the Tata Nexon is one of India’s most popular compact SUVs, known for its safety, performance, and bold design. It offers a petrol mileage of 17.44 kmpl and a diesel variant that delivers up to 24.08 kmpl. With features like a touchscreen infotainment system, dual airbags, ABS with EBD, and premium styling, the Nexon is a well-rounded vehicle suited for both city use and longer drives.
Kia Sonet
The Kia Sonet starts at Rs. 7.99 lakh for its base HTE variant and is equipped with modern features like a 10.25-inch touchscreen, wireless smartphone connectivity, and premium audio. It delivers a mileage of up to 18.4 kmpl in the petrol variant and 24.1 kmpl for diesel, combining style and performance in a compact yet premium package. With a refined cabin and excellent drive quality, the Sonet is perfect for both daily commutes and long journeys.
Mahindra XUV 3XO
Launched at a starting price of Rs. 7.99 lakh, the Mahindra XUV 3XO replaces the XUV300 with sharper styling and new-age features including a panoramic sunroof and ADAS. Offering petrol and diesel options, it delivers around 17 kmpl and 20 kmpl respectively. The SUV stands out for its robust build quality, spacious interiors, and feature-rich trims, making it a great option for families and safety-conscious buyers.
Maruti Suzuki Fronx
Priced from Rs. 7.54 lakh, the Maruti Suzuki Fronx is a sleek, coupe-style crossover based on the Baleno platform, blending style with practicality. The petrol variant delivers an excellent mileage of 21.79 kmpl, supported by efficient engine options and smooth driving dynamics. With premium features like a 9-inch touchscreen and head-up display, the Fronx is a stylish and efficient option for urban customers.
Renault Kiger
The Renault Kiger starts at Rs. 6.15 lakh and offers excellent value with stylish design, spacious interiors, and a practical feature set. The petrol variant provides up to 20.5 kmpl, while a recently introduced CNG variant also delivers around 20.5 km/kg. Compact and affordable, the Kiger is ideal for buyers seeking a budget-friendly SUV that doesn’t compromise on looks or utility.
Skoda Kylaq
The Skoda Kylaq starts at Rs. 7.89 lakh and offers great value with its bold design, spacious interior, and practical features. Powered by a 1.0-litre turbo-petrol engine, it delivers good performance and comes with both manual and automatic options. It also boasts a 10.1-inch touchscreen, wireless connectivity, and advanced safety features like six airbags. Compact yet well-equipped, the Kylaq is perfect for those seeking an affordable SUV with style and functionality.
Key highlights of SUV cars under 8 lakh
Category |
Model Name |
Popular |
Tata Punch, Tata Nexon, Kia Sonet |
Affordable |
Tata Punch, Renault Kiger |
Fuel-efficient |
Tata Punch (CNG), Hyundai Exter (CNG) |
Expensive |
Tata Nexon, Kia Sonet, Mahindra 3XO |
These compact SUVs under Rs. 8 lakh offer an excellent mix of style, fuel efficiency, safety, and modern features—perfect for first-time buyers, city drivers, or families on a budget. Whether you're after a bold design, high ground clearance, or a feature-rich cabin, there’s a model that fits your needs.
Planning to buy one of these top SUVs and need financing? With the Bajaj Finserv New Car Loan, you can get up to 100% of the on-road price financed.
Check your loan eligibility now and take the next step toward owning your dream SUV.
Why choose Bajaj Mall for your car purchase
Purchasing your new car is simpler than ever with Bajaj Mall. Its easy-to-use filters help you explore a wide range of car models to match your preferences. After selecting the ideal vehicle, you can enjoy a smooth buying experience with convenient financing through the Bajaj Finserv New Car Loan.
Buying a new car can be a significant financial commitment, but with Bajaj Finserv New Car Loan, you can make the process easier and more affordable. Flexible repayment plans and competitive car loan interest rates allow you to bring home your car without the burden of a large upfront payment. With minimal documentation and quick approval, you can get your loan processed in no time.
To help you plan your payments better, use the online new car loan EMI calculator available on the Bajaj Mall website. It shows you how much your monthly EMI will be, so you can choose a plan that fits your budget. This gives you full control and confidence while planning your SUV purchase.
Thinking of buying one of the best SUV cars under Rs. 8 lakh? Need funding? Check your pre-approved new car loan offer today and see how much you can borrow. Visit Bajaj Mall now to make your car ownership journey smooth and stress-free.