Sikkim road tax

When you are planning to purchase a new car, what do you consider the most important? Is it the ex-showroom price, the features, or the road tax? Road tax is an essential component of the total price of your car, paid to the government. While car prices may differ, road tax varies from state to state and can make a significant difference in your car-buying budget.

For instance, in Sikkim, road tax can add a considerable amount to the overall cost of your new car. The higher the road tax, the more you need to plan for the total price of your car. But what if there was a way to make this cost more manageable?

This is where Bajaj Finserv New Car Loans come in. Our new car loans can cover up to 100% of your new car's on-road price, including road tax. With easy eligibility requirements and flexible repayment options, our new car loans make financing easier. The best part? You might already be pre-approved for our new car loan. Check your offer and get closer to driving home your dream car.

Read on to understand how the Sikkim road tax affects your car price and how our new car loans can help you cover these expenses.

Sikkim road tax

Sikkim road tax is a mandatory fee that car owners must pay to use public roads in the state. It is calculated based on various factors such as the car’s price, engine capacity, and other factors like its age and type. Road tax is collected by the Sikkim government to help maintain and improve the state's road infrastructure.

But have you considered how this tax will affect the total cost of your new car? When purchasing a new car in Sikkim, it is essential to factor in this tax along with the car's price. This is why understanding how the road tax works in Sikkim can help you plan your budget better.

Sikkim road tax calculation

So, how is the road tax in Sikkim calculated? In Sikkim, road tax is calculated based on several factors, including the weight, age, and purpose of the vehicle. Heavier vehicles generally attract higher tax rates, while older vehicles may face different tax rates due to emissions and environmental concerns. The purpose of use—whether personal or commercial—also influences the tax, with commercial vehicles typically paying more.

In addition, the vehicle’s seating capacity, engine size, and dimensions (length and width) are taken into account. Larger vehicles like SUVs and trucks tend to incur higher road taxes. The fuel type is another key factor, with non-polluting vehicles often being eligible for lower 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 plays a crucial role in determining the final cost of your new car. While it may seem like a significant expense, with the right financial planning, it doesn't have to be a burden. Bajaj Finserv New Car Loans make the process easier by covering up to 100% of your car's on-road price, including road tax. Check your pre-approved offer now and choose the car that fits your budget and needs.

Ready to take the next step? Explore the road tax and other factors that influence the price of your new vehicle. If you need financial assistance, check out Bajaj Finserv’s new car loan options today!