This is where Bajaj Finserv New Car Loans can help. Our new car loans can cover up to 100% of your new car's on-road price, which includes road tax. With simple eligibility requirements and flexible repayment options, our new car loans make financing easier. And here’s the best part – you might already be pre-approved for our new car loan. Check your pre-approved new car loan offer and get closer to driving home your dream car.
Read on to learn more about how Tripura road tax affects your car price and how our new car loans can help you cover these expenses.
Tripura road tax
In Tripura, road tax is a mandatory fee that every vehicle owner must pay to use public roads legally. This amount helps the government maintain and develop road infrastructure across the state. However, this cost can catch buyers off guard if not considered in advance.
The tax amount is calculated based on several factors, including the vehicle’s price, engine capacity, type, age, and whether it’s a private or commercial vehicle. Ignoring this cost while budgeting for your car can lead to an unexpected financial burden later.
So, when you plan your car purchase, make sure to factor in this expense along with the base price.
Tripura road tax calculation
In Tripura, road tax is calculated by taking into account several important factors. The vehicle’s weight plays a key role, with heavier vehicles usually attracting higher tax rates. The age of the vehicle also affects the tax amount—older vehicles might be taxed differently due to environmental regulations and emissions standards. Moreover, commercial vehicles are subject to higher taxes compared to private passenger cars.
Other aspects that influence the tax include the number of seats, engine capacity, and the vehicle’s overall size, such as its length and width. Larger vehicles like SUVs and trucks typically fall into higher tax brackets. Additionally, the type of fuel your vehicle uses matters—environmentally friendly cars, such as electric or hybrid models, often benefit from reduced tax rates as part of green initiatives.For instance, if you buy a new car with an engine capacity of 1,000 cc and a price of Rs. 8 lakh, the road tax could range from 8-10% of the car's price. This means the road tax could be anywhere between Rs. 64,000 and Rs. 80,000.
Does this seem like a significant expense? The added road tax can sometimes be an unexpected cost when purchasing a car. But what if you could cover the entire cost of the car, including the road tax, with a convenient car loan? Curious about how much you can borrow with a Bajaj Finserv New Car Loan to handle these extra costs? With just a few simple steps, you can easily check the loan amount you're eligible for. Check your new car loan eligibility and take the first step towards owning your new car today.
Road tax in Tripura for new cars
When purchasing a new car in Tripura, it’s important to remember that road tax can add a considerable amount to the overall expense. This tax is calculated based on several factors, including the engine capacity, the type of vehicle, and its price. Smaller cars usually come with a lower tax rate, while bigger vehicles such as SUVs tend to incur higher taxes. Have you factored in these additional charges while budgeting for your new vehicle?
If you’re planning to buy a new car in Tripura, be sure to check the road tax amount before sealing the deal. Avoid any unexpected costs after the purchase by planning ahead. Considering financing options that cover these expenses can help you manage the total cost more comfortably.
The road tax for new private four-wheelers in Tripura is based on the vehicle's cost. Below is the breakdown of the tax rates:
| Vehicle cost | Applicable tax amount |
| Less than or up to Rs. 3 lakhs | One-time payment of Rs. 4100 for 15 years and then payment of Rs. 2050 every 5 years. |
| Between Rs. 3 lakhs to Rs. 5 lakhs | One-time payment of Rs. 4800 for 15 years and then payment of Rs. 2400 for every 5 years. |
| Between Rs. 5 lakhs to Rs. 10 lakhs | One-time payment of Rs. 6900 for 15 years and then payment of Rs. 3450 for every 5 years. |
| Between Rs. 10 lakhs to Rs. 15 lakhs | Single-time payment of Rs. 7550 for 15 years and then payment of Rs. 3775 for every 5 years. |
| Over Rs. 15 lakhs | Single-time payment of Rs. 8250 for 15 years and post that payment of Rs. 4125 for every 5 years. |
How to pay Tripura road tax online?
Paying Tripura road tax is now easier than ever. The Tripura 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.
Go to the 'Online Services' section and select ‘Pay Vehicle Tax’option.
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 online process ensures that you can conveniently pay your road tax from the comfort of your home.
Road tax in Tripura plays a crucial role in determining the final cost of your new car. While it may seem like a big 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 new car loan offer now and choose the car that fits your needs.
Ready to move forward? Dive into the road tax and other factors that affect the price of your new vehicle. If you need financial support, explore Bajaj Finserv New Car Loan options today to make your purchase easier.
