Buying a car is not just about selecting the model you like. It also means planning your finances carefully. While features and pricing are often the first things buyers consider, road tax is an equally important part of the total cost. This government-imposed fee differs across states and can impact your final budget.
In Sikkim, road tax can increase the total cost of your vehicle significantly, depending on its price and other details. A higher road tax means you need to plan ahead so that your budget stays on track. Fortunately, there is a way to make this expense more manageable.
Bajaj Finserv New Car Loans can cover up to 100% of your car’s on-road price, including the road tax. The application process is simple, the eligibility terms are easy, and you may already be pre-approved. Check your offer now and take a step closer to owning your new car.
Keep reading to see how road tax in Sikkim is calculated and how a Bajaj Finserv New Car Laan can help you manage the cost with ease.
Sikkim road tax
Road tax in Sikkim is a compulsory fee that must be paid by all vehicle owners to legally use public roads. The state government collects this tax to maintain and improve road infrastructure across the region. The tax amount depends on various details such as the vehicle’s cost, type, age, and engine capacity.
If you are buying a car in Sikkim, it is essential to include the road tax in your overall cost estimate. This charge is separate from the ex-showroom price and varies based on the car’s specifications. By understanding how the tax is calculated, you can budget more effectively.
Sikkim road tax calculation
The road tax in Sikkim is based on several factors. These include the vehicle’s weight, engine size, fuel type, and purpose of use. Heavier vehicles usually attract higher tax amounts. Older cars may also face different tax rates based on emission standards.
If your vehicle is intended for commercial use, the road tax is typically higher than for personal use. Additional elements such as seating capacity, engine displacement, and the overall size of the car also play a role in the calculation.
Larger vehicles like SUVs and trucks usually have higher road tax compared to smaller ones. Fuel type is another major factor. Cars running on cleaner fuels or producing lower emissions may be eligible for reduced tax rates.For example, if you purchase a new car with an engine capacity of 1,000 cc and the car costs Rs. 8 lakh, the road tax might range between 8-10% of the car's price. This means you could end up paying approximately Rs. 64,000 to Rs. 80,000 as road tax alone.
Does this seem like a hefty amount? When buying a car, this added tax can sometimes catch you off guard. But what if you could finance the entire cost of your car, including the road tax, with an easy car loan? Wondering how much amount you can get with a Bajaj Finserv New Car Loan to cover these additional expenses? With just a few clicks, you can find out how much you qualify for. Check your new car loan eligibility in Sikkim and take the first step toward your new car today!
Road tax in Sikkim for new cars
When buying a new car, Sikkim road tax can be a significant portion of the total cost. New cars are subject to road tax, which is calculated based on factors like engine capacity, car type, and its price. For instance, smaller cars might have a lower tax rate, while larger vehicles like SUVs will attract higher taxes. Have you considered these additional costs when planning for your new car?
If you’re planning to buy a new car in Sikkim, make sure to check the road tax amount before finalizing the purchase. Don't let this additional cost surprise you after the deal is done. Instead, plan ahead and consider financing options that can help cover all these expenses.
Here’s a breakdown of the road tax for new private four-wheelers in Sikkim:
| Four-wheeler engine capacity (cc) | Annual tax to be paid |
| Less than 900 cc | Rs. 1,000 |
| Between 900 cc and 1490 cc | Rs. 1,200 |
| Between 1490 cc and 2000 cc | Rs. 2,500 |
| More than 2000 cc | Rs. 3,000 |
Omnibus for non-commercial purposes, has an annual road tax of Rs. 1,750.
How to pay Sikkim road tax online?
Paying Sikkim road tax has never been easier. The Sikkim Transport Department allows online payments, so you can settle the tax without having to visit an 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 information and any outstanding tax dues.
Proceed with payment using a debit card, credit card, or net banking option.
After successful payment, you will receive an electronic receipt for your records.
This streamlined online process saves you time and ensures you stay on top of your road tax payments.
Road tax in Sikkim can add a considerable amount to your car’s final price. It is important to understand this cost when planning your purchase. However, you can manage it effectively with the right financial support.
Bajaj Finserv New Car Loans offer funding of up to 100% of your vehicle’s on-road price, including the road tax. With flexible repayment options, simple eligibility criteria, and competitive car loan interest rates, you can buy your new car without stress.
Check your pre-approved new car loan offer now and choose a car that matches both your preferences and your budget. If you need financial help, explore the car loan options available from Bajaj Finance today.
