Buying a new car is an exciting milestone, but it also involves careful budgeting. Beyond the showroom price and desired features, one crucial cost often overlooked is the road tax. This government-imposed fee is necessary for driving your vehicle on public roads and can vary depending on where you live.
In states like Himachal Pradesh, road tax can form a sizable portion of your total car expense. Since the tax depends on factors like vehicle type, fuel category, and usage, it can impact how much you finally pay. That is why understanding road tax is just as important as choosing the right car.
This is where a car loan can help you manage the cost effectively. Bajaj Finserv New Car Loans provide the option to finance up to 100% of your car’s on-road price, which includes road tax. You might also be eligible for a pre-approved loan offer that speeds up the process Check your pre-approved new car loan offer now and take the first step toward owning your dream car.
Keep reading to learn more about how road tax in Himachal Pradesh impacts your car price and how our new car loans can assist you in covering these expenses.
Himachal Pradesh road tax
In Himachal Pradesh, road tax is a compulsory fee that must be paid by anyone who owns a vehicle. This tax allows legal use of the public roads within the state. The funds collected help the state government build and maintain its road network.
The amount of road tax in Himachal Pradesh depends on multiple factors. These include the car’s engine size, type, price, and the fuel it uses. Different rates apply to different types of vehicles. Buyers must take this cost into account when preparing their overall budget.
If you are purchasing a new vehicle in Himachal Pradesh, you should not only focus on the ex-showroom price. The road tax adds to the final amount you will pay. The tax rates vary based on whether the vehicle uses petrol, diesel, or CNG. Being informed about this will help you make smarter financial decisions while buying a car in the state.
Himachal Pradesh road tax calculation
Road tax in Himachal Pradesh is calculated by considering several vehicle-specific factors. These include the weight of the vehicle, the size of its engine, the type of fuel it runs on, and its age. Heavier vehicles usually have to pay more road tax. Older vehicles may be taxed differently due to environmental guidelines and emission levels.
The vehicle’s purpose also matters. If the car is intended for commercial use, it generally attracts a higher tax rate than personal vehicles. Other factors include engine power, seating capacity, and the vehicle’s size, including its length and width.
Larger vehicles such as SUVs, trucks, and vans usually have higher tax amounts than smaller passenger cars. eco-friendly vehicles powered by electric or alternative fuels often benefit from lower road tax rates. All these elements contribute to how road tax is calculated in Himachal Pradesh.
For example, if you purchase a car priced at ₹15 lakh with an engine capacity of 1,500 cc, and the applicable road tax rate is 6-7%, you might expect the road tax to range from Rs. 90,000 to ₹1,05,000. This means that the road tax could be anywhere from Rs. 90,000 to Rs. 1,05,000 based on the vehicle’s price and engine specifications.
Road tax can be an unexpected additional expense when purchasing a new car. But what if you could make the whole process easier by financing not just the vehicle but also the road tax? With Bajaj Finserv New Car Loans, you can finance the entire cost of your car. Want to find out how much you can borrow? Check your new car loan eligibility with just a few clicks and get closer to owning your new car in Himachal Pradesh.
Road tax in Himachal Pradesh for new cars
When purchasing a new car in Himachal Pradesh, it’s essential to factor in the applicable road tax based on the car’s price, engine size, and fuel type. Road tax is a significant element in determining the overall cost of your new car. Here’s a breakdown of the road tax applicable for various vehicle price ranges in Himachal Pradesh:
| Value of the personal car or motor cab | Tax rate |
| Up to Rs. 15 lakhs | 6% of the price of the vehicle |
| Over Rs. 15 lakhs | 7% of the price of the vehicle |
As the price of the vehicle increases, so does the road tax. It’s important to keep this in mind when budgeting for your car purchase in Himachal Pradesh.
How to pay road tax in Himachal Pradesh online?
Paying road tax in Himachal Pradesh is easy with the online payment system. Here’s how to do it:
- 1. Visit the official e-Vahan website at https://parivahan.gov.in/.
- 2. Go to the ‘Online Services’ section and select ‘Vehicle Related Services.’
- 3. Choose Himachal Pradesh and enter your vehicle registration number.
- 4. The portal will display your vehicle’s details and any outstanding tax dues.
- 5. Select your preferred payment method (debit card, credit card, or net banking).
- 6. Complete the payment and receive an electronic receipt for your records.
This online system makes it easy to pay from the comfort of your home, without needing to visit the transport office.
The road tax in Himachal Pradesh can impact the final price of your car, but with Bajaj Finserv New Car Loans, you can finance up to 100% of your car’s on-road price, including the road tax. This allows you to manage all expenses easily, without worrying about upfront costs. Check your pre-approved offer today and start planning for your new car.
Ready to buy your new car? Look into the road tax in your region and explore our new car loan options for financial support.
