When considering a new car purchase, there are several factors to take into account. While the ex-showroom price and features are important, road tax plays a significant role in determining the final cost of your vehicle. Road tax varies from state to state, and in Haryana, it can make a noticeable difference to your overall car budget.
For instance, road tax in Haryana can add a considerable amount to the price of your car, depending on its price bracket. The higher the road tax, the more you will need to account for in your car purchase. But what if there was a way to manage this cost more effectively?
This is where Bajaj Finserv New Car Loans come in. Our new car loans can provide financing of up to 100% of your new car’s on-road price, which includes road tax. Plus, you might already be pre-approved for a loan. Check your pre-approved new car loan offer and get one step closer to owning your new car.
Read on to understand how Haryana's road tax impacts the price of your car and how our new car loans can help you manage these expenses.
Haryana road tax
Road tax in Haryana is a fee you must pay to drive your car on public roads. The state government uses this money to build and repair roads.
The road tax amount in Haryana depends on your car’s ex-showroom price, engine size, fuel type, and a few other things. This tax is collected by the state government, and it can be a significant addition to the overall cost of purchasing a car.
If you are buying a new car in Haryana, it’s important to understand how road tax works in the state. This will help you budget better and avoid unexpected costs.
Haryana road tax calculation
In Haryana, road tax is calculated using many factors. These include the vehicle’s weight, age, engine size, fuel type, and how you plan to use it.
Heavier vehicles usually have higher tax. Older ones may get a different rate due to pollution levels. Commercial vehicles often pay more than personal ones.
Other things like seating capacity, engine power, and size of the vehicle also matter. Bigger cars like SUVs and trucks often cost more in tax. Vehicles that use cleaner fuels may get lower tax rates.
For instance, if you buy a new car with a 1,000 cc engine priced at Rs. 8 lakh, the road tax in Haryana could range from 6% to 10% of the car's value, resulting in a road tax of approximately Rs. 64,000 to Rs. 80,000.
Although this may seem like a significant amount, you can consider financing the entire cost of your car, including the road tax, through a car loan. A Bajaj Finserv New Car Loan can help cover these additional expenses. Check your new car loan eligibility with just a few clicks, and get closer to purchasing your new car in Haryana.
Road tax in Haryana for new cars
When buying a new car in Haryana, road tax can be a significant addition to the overall cost of your vehicle. The tax rates are calculated based on the ex-showroom price of the vehicle. Here's a breakdown of road tax in Haryana:
| Cost of vehicle | Road tax |
| Up to Rs. 6 lakh | 5% |
| Rs. 6 to 20 lakh | 8% |
| Above Rs. 20 lakh | 10% |
The road tax rate increases as the price of the car goes up, so it’s important to account for this extra cost when planning your car purchase.
How to pay road Tax in Haryana online?
Paying road tax in Haryana has been made simple with online payment facilities. Here’s a step-by-step guide to paying your road tax online in Haryana:
- Visit the official e-Vahan website - https://haryanatransport.gov.in.
- Go to the 'Online Services' section.
- Select the option for ‘Pay Vehicle Tax’.
- Enter your vehicle registration number and other necessary details.
- The portal will display your vehicle’s road tax details and any outstanding dues.
- Proceed with payment using debit card, credit card, or net banking.
- After successful payment, an electronic receipt will be generated for your records.
Road tax is an important factor that adds to the overall price of your new car in Haryana. It’s essential to consider road tax as part of your car-buying budget. Fortunately, Bajaj Finserv New Car Loans can help you finance up to 100% of your new car's on-road price. With easy eligibility, low-interest rates, and flexible repayment options, financing your car is now simpler than ever. Check your pre-approved new car loan offer now and choose the car as per your needs.
Ready to take the next step? Check your pre-approved offer today and explore new car loans offered by Bajaj Finance. Let us help you make your dream car a reality.
