When you plan to buy a new car, what do you think of first? Is it the ex-showroom price, the features, or the road tax? Road tax is a key factor that adds to the total amount you pay for your car. While car prices differ by model, road tax varies across states and can form a large part of your car’s final cost.
In Assam, road tax can make a noticeable difference to the on-road price. A higher road tax means you need to plan your budget more carefully. However, you can make this extra cost easier to manage through financing.
This is where Bajaj Finserv New Car Loans can assist. These loans cover up to 100% of your car’s on-road price, including the road tax. With flexible repayment options and simple eligibility criteria, financing your new car becomes easier. You might even be pre-approved for a loan already. Check your pre-approved new car loan offer today and take a step closer to your new car.
Keep reading to learn how road tax in Assam impacts your total car cost and how Bajaj Finance can support you through a new car loan.
Assam road tax
Road tax in Assam is a mandatory charge for all vehicle owners who intend to use public roads in the state. The amount is decided by the state government and is used to maintain and improve Assam’s road infrastructure.
The road tax is based on various aspects of the car. These include its ex-showroom price, engine capacity, type, fuel used, and age. If you are buying a new car in Assam, it is important to include this tax when planning your overall budget. Understanding how the road tax system works will help you prepare for all related costs.
This tax is not fixed across India. Assam has its own rules, and being aware of them helps you plan better and avoid surprises at the time of purchase.
Assam road tax calculation
Road tax in Assam is calculated using multiple factors. These include the vehicle’s weight, engine size, fuel type, purpose of use, and other technical specifications. Commercial vehicles usually have a higher tax rate than personal vehicles.
The car’s seating capacity, engine displacement, and size also influence the tax. Larger vehicles like SUVs and trucks generally pay higher taxes. On the other hand, vehicles with eco-friendly features, such as electric cars, may enjoy a lower road tax rate.
Let us take an example. Suppose you buy a new car priced at Rs. 16 lakh. The road tax charged in Assam would be 5% of the car’s price. This would come to Rs. 80,000. This cost can affect your budget if not planned in advance.
Bajaj Finserv New Car Loans can help you finance the total on-road price, including this road tax. Check your new car loan eligibility online and see how much you can borrow. This makes budgeting for your car much easier.
Road tax in Assam for new cars
When purchasing a new car in Assam, road tax can be a significant part of the total cost. New cars are subject to road tax, and the tax is determined by factors like the car's engine capacity, type, and price. Smaller cars are usually taxed at a lower rate, while larger vehicles like SUVs and luxury cars may face higher taxes. Have you accounted for road tax when planning for your new car?
If you are planning to buy a new car in Assam, it is essential to check the applicable road tax before finalizing the purchase. Knowing this in advance will help you plan your budget and avoid surprises. Bajaj Finserv New Car Loans can help cover the road tax along with other costs associated with your new car.
Here is the breakdown of road tax rates for new private four-wheelers in Assam:
| Vehicle price range | Road tax rate |
| Rs. 3 lakh – Rs. 15 lakh | 4% |
| Rs. 15 lakh – Rs. 20 lakh | 5% |
| Rs. 20 lakh and above | 7% |
How to pay Assam road tax online?
Paying road tax in Assam is more convenient than ever with the option to pay online. The Assam Transport Department provides an online payment platform, saving you the trouble of visiting an office. Here’s how you can do it:
Visit the official Parivahan website at https://parivahan.gov.in and select ‘Assam’ as your state.
Go to the 'Online Services' section and choose 'Pay Vehicle Tax'.
Enter your vehicle registration number and any other required details.
The portal will show your vehicle’s details and any outstanding tax dues.
Complete the payment using your debit card, credit card, or net banking option.
After successful payment, you’ll receive an electronic receipt for your records.
Paying road tax online has made the process simple and quick for car buyers in Assam. Still, the road tax adds a significant amount to your car’s final price. Planning this expense is important if you want to stay within your budget.
Bajaj Finserv New Car Loans offer financing for the complete on-road cost, including the road tax. Check your pre-approved new car loan offer now and start your car ownership journey with ease. With flexible EMIs and competitive car loan interest rates, managing your finances becomes much more convenient.
