In the Andaman and Nicobar Islands, road tax can increase the final cost of your car by a significant amount. That’s why it’s important to plan your finances carefully. The tax is worked out based on the car’s price, engine size, fuel type, and whether it’s for personal or commercial use. So, before you make your final decision, it’s wise to include road tax in your budgeting.
This is where a car loan can be very useful. It helps break down the total cost into easy monthly payments. With the Bajaj Finserv New Car Loan, you can borrow up to 100% of your car’s on-road price, which includes the road tax. You may even have a pre-approved offer with us, which can speed up your loan process. Check your pre-approved new car loan offer today and move a step closer to owning your dream car.
Keep reading to find out how road tax in the Andaman and Nicobar Islands can affect your car’s price—and how our car loans can help cover the cost.
Andaman and Nicobar road tax
Road tax, also known as vehicle tax, is a fee charged by the government for using public roads. As per the Motor Vehicles Act, 1988, this tax is collected by individual state governments and is used to maintain and improve road infrastructure.In the Andaman and Nicobar Islands, the road tax amount depends on several factors, including the vehicle’s price, engine capacity, fuel type, and whether it’s meant for private or commercial use.
When buying a car, understanding your local road tax rules helps you make a smarter decision and manage your expenses better. If you're planning to buy a car in this region, make sure to take road tax into account while calculating the total cost.
Andaman and Nicobar road tax calculation
Road tax in Andaman and Nicobar is calculated based on several factors like the car’s price, engine capacity, and whether it is used for personal or commercial purposes. Larger cars with bigger engines and commercial vehicles generally attract higher road tax rates. Similarly, fuel-efficient vehicles may be eligible for lower tax rates.Here is how road tax might look for different car prices in Andaman and Nicobar:
Type of vehicle | Rate of tax | Period of tax |
New vehicles running on fossil fuel | 15 years | |
- If a motor vehicle is being registered for the first time in the name of individual owners | 6% of invoice price | 15 years |
- If any other motor vehicle is already registered in the applicant’s name | 8% of invoice price | 15 years |
- If the motor vehicle is being registered in the name of a firm/company other than an individual | 8% of invoice price | 15 years |
New hybrid vehicles | 2% of invoice price | 15 years |
Fossil fuel vehicles (Already registered – less than 15 years old) | 6% of the depreciated value of the vehicle | Period (in years) between the date of payment of tax to the date on which the vehicle completes 15 years |
Already registered fossil fuel vehicles more than 15 years old | 1% of the depreciated value of the vehicle | 1 year |
Worried that this might turn out to be a big expense? The extra road tax often catches car buyers off guard and can push the overall cost higher than expected.
But what if you could cover the full amount—including the road tax—through a simple and convenient car loan? With the right financing, managing these added costs becomes much easier.
Wondering how much you can borrow with a Bajaj Finserv New Car Loan to help with this? It only takes a few clicks to check your eligibility online.
Check your new car loan eligibility in the Andaman and Nicobar Islands today and take the first step towards driving home your dream car.
Road tax in Andaman and Nicobar for new cars
In the Andaman and Nicobar Islands, road tax for new cars is calculated based on the car’s ex-showroom price and its key features. Whether you're buying a compact sedan, a rugged SUV, or a luxury car, it’s essential to include road tax in your overall car budget. This tax is added to the car’s cost and must be paid at the time of registration.Have you already included road tax in your total cost calculations? If not, now’s the perfect time to plan ahead so you’re fully prepared for the final amount.
Check new car loan eligibility and find out how much you can borrow.
How to pay road tax in Andaman and Nicobar online?
Paying road tax in Andaman and Nicobar is now easier than ever, thanks to the online system. Here is how you can make the payment:- Visit the official e-Vahan website at https://parivahan.gov.in/.
- Navigate to the ‘Online Services’ section and choose ‘Vehicle Related Services’.
- Select your state, Andaman and Nicobar, and enter your vehicle registration number.
- The portal will display your vehicle’s information and any pending tax dues.
- Select your preferred payment method (debit card, credit card, or net banking).
- Complete the payment, and you will receive an electronic receipt for your records.
Road tax in Andaman and Nicobar is an important component of your car purchase. It can significantly impact the final price of your vehicle, but with Bajaj Finserv New Car Loans, you can get funds up to 100% of the on-road price of your new car. This makes it easier for you to cover all expenses without worrying about upfront costs. Check your pre-approved new car loan offer now and choose the car as per your budget and needs.
Are you ready to purchase your new car? Check out the road tax in your location and explore our new car loans if you need financial assistance.