When planning to purchase a new car, there are many things to consider. These include the ex-showroom price, the car’s features, and the road tax. Road tax is a mandatory government fee that adds to the final price of your car. While car prices vary by model and brand, road tax also differs from one state to another.
In Manipur, road tax can form a substantial portion of your total car cost. If your vehicle has a higher price, you will likely pay more road tax. This makes it important to plan your car budget carefully. But what if you could manage this expense more comfortably?
Bajaj Finserv New Car Loans offer a helpful solution. These loans can cover up to 100% of your car’s on-road price, including the road tax. You may already be pre-approved for this loan. Check your pre-approved car loan offer today and move closer to owning your dream car.
Keep reading to find out how road tax in Manipur impacts your vehicle cost and how you can manage it with a car loan from Bajaj Finance.
Manipur road tax
Road tax in Manipur is a compulsory charge collected by the state government. It is required for anyone using public roads with a registered vehicle. The revenue from this tax helps the government improve and maintain the state’s road infrastructure.
The tax is calculated based on details such as the car’s price, engine size, type, and age. Every vehicle category follows a specific rate, which affects your total payment.
If you are buying a new car in Manipur, it is important to consider road tax in your budget. This cost adds to the overall amount you pay for your vehicle. By understanding how the tax works, you can prepare better for your purchase and avoid last-minute surprises.
Manipur road tax calculation
Road tax in Manipur is calculated using various factors. These include the vehicle’s engine size, weight, age, and how it will be used. Heavy vehicles usually face higher tax amounts. Older cars may be taxed differently due to their pollution levels.
Whether the vehicle is for personal or commercial use also matters. Commercial vehicles often attract higher road tax than private ones. Additionally, factors such as seating capacity, engine displacement, and car size are considered.
Larger vehicles like SUVs, vans, and trucks tend to incur more road tax than compact cars. The type of fuel used is another important element. Vehicles using clean or alternative fuels may qualify for reduced road tax rates.
You can now pay road tax online in Manipur. This makes the process easier and saves time, as there is no need to visit a transport office.For instance, if you buy a new car with a 1,000 cc engine priced at Rs. 10 lakh, the road tax in Manipur could range from 8% to 10% of the car's value, meaning you might pay between Rs. 80,000 to Rs. 1,00,000 as road tax.
For instance, if you buy a new car with a 1,000 cc engine priced at Rs. 10 lakh, the road tax in Manipur could range from 8% to 10% of the car's value, meaning you might pay between Rs. 80,000 to Rs. 1,00,000 as road tax.
Although this may seem like a considerable amount, you can finance both the vehicle and the road tax with a car loan. A Bajaj Finserv New Car Loan can help cover these additional expenses. Check your new car loan eligibility in just a few steps and move forward with purchasing your new car in Manipur with ease.
Road tax in Manipur for new cars
When purchasing a new car in Manipur, road tax can be a significant portion of the overall expense. New vehicles are subject to road tax, which is determined by factors such as engine size, type of vehicle, and its cost. For example, smaller cars may incur lower taxes, while larger vehicles like SUVs tend to attract higher rates. Have you factored in these additional expenses while budgeting for your new car?
Before finalizing your car purchase in Manipur, it’s essential to check the road tax amount. This will help you avoid any unexpected costs after the deal is complete. Take time to plan and consider financing options that can cover all associated expenses.
The road tax for new private four-wheelers in Manipur is based on the vehicle’s price. Below is a detailed breakdown of the tax rates:
| Cost of the four-wheeler | Road tax for 10 years |
| Up to Rs. 3 lakhs | 3% of the original cost |
| More than Rs. 3 lakhs but less than Rs. 6 lakhs | 4% of the original cost |
| More than Rs. 6 lakhs but less than Rs. 10 lakhs | 5% of the original cost |
| More than Rs. 10 lakhs but less than Rs. 15 lakhs | 6% of the original cost |
| More than Rs. 15 lakhs but less than Rs. 20 lakhs | 7% of the original cost |
| More than 20 lakhs | 8% of the original cost |
How to pay road tax in Manipur online?
Paying road tax in Manipur has become much easier thanks to online payment options. The Manipur Transport Department provides a platform for online payment, so you can settle your road tax without visiting the office. Here's how to 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.
Road tax is an important cost to consider when purchasing a new car in Manipur. It can significantly affect your total budget, especially for larger or high-value vehicles.
With Bajaj Finserv New Car Loans, you can finance up to 100% of the on-road price of your car, including the road tax. This helps make the car buying process more affordable and easier to manage.
Check your pre-approved new car loan offer now and explore the available financing options. Bajaj Finserv is here to support you in buying a car that suits your needs and your budget.
