When buying a new car, what do you think about first? Is it the price shown in the showroom, the features, or the road tax? Road tax is a mandatory cost that you pay to the government, and it adds to your car’s final price. While car prices differ across models and brands, road tax varies between states and can affect your total car-buying budget.
In Mizoram, the road tax can significantly raise the cost of your new car. The higher the road tax, the more you need to plan for it when deciding your budget. But there is a way to manage this cost without worry.
Bajaj Finserv New Car Loans can help cover up to 100% of your vehicle’s on-road price, including road tax. You might already be pre-approved for the loan. Check your pre-approved new car loan offer today and move closer to buying your new car.
Continue reading to understand how road tax in Mizoram affects your budget and how you can finance it easily with Bajaj Finserv New Car Loans.
Mizoram road tax
In Mizoram, road tax is a compulsory payment made by vehicle owners to legally use public roads. This fee is collected by the state government to maintain and develop local road infrastructure. The amount depends on the car’s cost, engine power, fuel type, age, and usage.
If you are purchasing a new vehicle in Mizoram, remember that road tax is not included in the ex-showroom price. You will need to calculate it separately to know the total cost. Understanding how road tax is charged will help you budget your car purchase more accurately and avoid unexpected expenses.
Mizoram road tax calculation
Road tax in Mizoram is calculated based on several vehicle details. These include the weight, age, engine capacity, and purpose of the vehicle. Heavier vehicles usually carry a higher tax. Older vehicles may face different tax rates due to environmental and emission standards.
The purpose of the car also affects the tax. Commercial vehicles generally attract higher tax rates than those used for personal purposes. Other key factors include the seating capacity, engine size, and the car’s physical dimensions like length and width.
Larger vehicles such as trucks and SUVs are typically taxed more than smaller cars. The type of fuel is also important. Cars using eco-friendly or low-emission fuels often get lower tax rates, which helps encourage green mobility.
Does this seem like a huge amount? It’s important to plan for these additional costs when buying a car. But what if you could finance the entire cost of your car, including the road tax, with a simple car loan? Curious to know how much you could borrow through a Bajaj Finserv New Car Loan to cover these costs? With just a few clicks, you can check your new car loan eligibility.. Start your journey towards owning a new car by checking your eligibility today.
Road tax in Mizoram for new cars
When buying a new car, Mizoram road tax can be a significant part of the total cost. New cars are subject to road tax, which is determined based on the vehicle’s price, engine capacity, and type. Small cars tend to have lower tax rates, while larger vehicles like SUVs attract higher taxes. Have you factored in these additional costs when planning for your new car?
If you're considering purchasing a new car in Mizoram, be sure to check the road tax amount before finalizing your decision. Don’t let the road tax surprise you after the deal is done. Plan ahead and consider financing options that can help you cover these extra expenses.
Here’s a breakdown of road tax for new private four-wheelers in Mizoram:
| Vehicle Age | Up to 800 cc (Tax in INR) | 801 to 1000 cc (Tax in INR) | 1001 to 2000 cc (Tax in INR) | 2001 to 3000 cc (Tax in INR) | Above 3000 cc (Tax in INR) |
| New up to 1 year | 11,250 | 12,750 | 15,000 | 17,250 | 19,500 |
| 1 to 2 years old | 10,500 | 11,900 | 14,000 | 16,100 | 18,200 |
| 2 to 3 years old | 9,750 | 11,050 | 13,000 | 14,950 | 16,900 |
| 3 to 4 years old | 9,000 | 10,200 | 12,000 | 13,800 | 15,600 |
| 4 to 5 years old | 8,250 | 9,350 | 11,000 | 12,650 | 14,300 |
| 5 to 6 years old | 7,500 | 8,500 | 10,000 | 11,500 | 13,000 |
| 6 to 7 years old | 6,750 | 7,650 | 9,000 | 10,350 | 11,700 |
| 7 to 8 years old | 6,000 | 6,800 | 8,000 | 9,200 | 10,400 |
| 8 to 9 years old | 5,250 | 5,950 | 7,000 | 8,050 | 9,100 |
| 9 to 10 years old | 4,500 | 5,100 | 6,000 | 6,900 | 9,800 |
| 10 to 11 years old | 3,750 | 4,250 | 5,000 | 5,700 | 6,500 |
| 11 to 12 years old | 3,000 | 3,400 | 4,000 | 4,600 | 5,200 |
| 12 to 13 years old | 2,250 | 2,550 | 3,000 | 3,450 | 3,900 |
| 13 to 14 years old | 1,500 | 1,700 | 2,000 | 2,300 | 2,600 |
| More than 14 years | 750 | 850 | 1,000 | 1,500 | 1,300 |
How to pay Mizoram road tax online?
Paying Mizoram road tax is now more convenient than ever. The Mizoram Transport Department offers online payment options, allowing you to settle your tax without visiting the office. Here’s how you can do it:
Visit the official e-Vahan website at https://parivahan.gov.in and enter your vehicle details.
Navigate to the 'Online Services' section and select ‘Pay Vehicle Tax.’
Enter your vehicle registration number and other required details.
The portal will display your vehicle’s details and any outstanding tax dues.
Proceed with payment using debit card, credit card, or net banking.
After successful payment, you will receive an electronic receipt for your records.
This online process saves you time and makes road tax payment more efficient and straightforward.
Road tax in Mizoram can add a significant amount to your overall car purchase cost. Ignoring it can lead to underestimating your total expenses. It is important to plan ahead and include this cost in your budget.
Bajaj Finserv New Car Loans offer financing for up to 100% of the vehicle’s on-road price, which includes road tax. With flexible repayment tenures, simple eligibility requirements, and competitive car loan interest rates, owning your new car becomes much easier.
Check your pre-approved new car loan offer today and explore the wide range of loan options available with Bajaj Finance. Make your car purchase smooth, affordable, and stress-free.
