The Indian car market is flooded with a host of options. With a budget of Rs. 20 lakh, you will find a fantastic selection of cars catering to diverse needs. From SUVs to hatchbacks, sedans to MUVs, there is something for everyone. In this guide, we will explore 10 car options across these categories, its price, mileage, and more.
Before diving into the world of car ownership, it is essential to plan your finances wisely. Buying a new car is a significant expense, but with careful planning and budgeting, it can be more manageable than you think. This is where new car loans come into play. By opting for new car loans, you can spread the cost of your new car over a long period of time and repay it easily.
Bajaj Finance offers new car loans that come with a hassle-free process. You can qualify for a new car loan by fulfilling the simple eligibility criteria and submitting a few documents. With Bajaj Finserv New Car Finance, you can get financing of up to 100% of the car’s on-road price and bring home your dream car with ease.
Here is the list of the top 10 cars under Rs. 20 lakh in India
Model name | *Ex-showroom price (Starting at) |
Mahindra XUV700 | Rs. 13.99 lakh |
Tata Harrier | Rs. 15.49 lakh |
Kia Sonet | Rs. 7.99 lakh |
Kia Seltos | Rs. 10.90 lakh |
Hyundai Verna | Rs. 11 lakh |
Maruti Suzuki Ertiga | Rs. 8.69 lakh |
Tata Altroz | Rs. 6.65 lakh |
Maruti Suzuki Dzire | Rs. 6.57 lakh |
Tata Tigor | Rs. 6.30 lakh |
Maruti Suzuki Baleno | Rs. 6.60 lakh |
*The prices mentioned are ex-showroom prices in Delhi. Prices will vary depending on the city of purchase.
Let us delve into more details about these cars and understand how new car loans can help you finance your car purchase.
Mahindra XUV700: Starting at just Rs. 13.99 lakh for the base model Mahindra XUV700 MX, this SUV offers both style and substance. With variants ranging from manual to automatic and petrol to diesel, you can find the perfect match for your needs. It offers an impressive mileage that ranges between 13 kmpl and 17 kmpl.
Tata Harrier: Its base model Tata Harrier Smart comes with a price tag of Rs. 15.49 lakh, it is available with both manual and automatic transmission. Its impressive mileage of 16.8 kmpl ensures you go the extra mile without worrying about fuel costs.
Kia Sonet: Priced competitively at Rs. 7.99 lakh for its base model Kia Sonet HTE, this compact SUV delivers a mileage that ranges between 18.2 kmpl and 24.1 kmpl.
Kia Seltos: With a starting price of Rs. 10.90 lakh for the base model Kia Seltos HTE, this SUV is available in multiple variants with both petrol and diesel options. It offers an impressive mileage that ranges between 17 kmpl to 20.7 kmpl.
Hyundai Verna: Priced at Rs. 11 lakh for the base model, the Hyundai Verna EX, this sedan exudes elegance and comfort. Its efficient petrol engine ensures a smooth ride while keeping fuel costs in check. Available with both transmissions-manual and automatic, this car delivers a mileage that ranges between 20 kmpl to 20.6 kmpl.
Maruti Suzuki Ertiga: Its base model Maruti Suzuki Ertiga LXI (O) comes with a price tag of Rs. 8.69 lakh. Its petrol variants deliver a mileage of 20.3 kmpl to 20.5 kmpl while CNG delivers a mileage of 26.11 km/kg. Its spacious interior and excellent mileage make it a practical choice for city commutes and long drives alike.
Tata Altroz: Its base model Tata Altroz XE comes with a price tag of Rs. 6.65 lakh. Whether petrol, diesel, or CNG, there is a Tata Altroz variant to suit every preference.
Maruti Suzuki Dzire: Priced at Rs. 6.57 lakh for the base model Maruti Suzuki Dzire LXi, this sedan is available in both variants – petrol and CNG. Its petrol variants deliver a mileage of 22.41 kmpl to 22.61 kmpl, while the CNG variant gives a mileage of 31.12 km/kg.
Tata Tigor: Priced at Rs. 6.30 lakh for the base model Tata Tigor XE, this compact sedan offers both petrol and CNG options. Its petrol variants available with both the transmission – manual and automatic delivers a mileage range of 19.28 to 19.6 kmpl. On the other hand, its CNG variants also deliver an impressive mileage that ranges between 26.49 km/kg to 28.06 km/kg.
Maruti Suzuki Baleno: Its base model Maruti Suzuki Baleno Sigma comes with a price tag of Rs. 6.60 lakh, this hatchback is available in both variants – petrol as well as the CNG. Its sleek design and fuel-efficient engine make it a smart choice for the long haul.
Why choose Bajaj Mall to book your dream car
Explore these cars and more conveniently online on Bajaj Mall. On Bajaj Mall, you can check out the specification of the cars and choose the one that suits your requirements the most. With the help of search filters, you can easily find your preferred car under Rs. 20 lakh. Narrow down your search based on specific criteria like brand, price, fuel type and more and find a car of your choice. You can easily book a car by using our hassle-free financing solution. Our new car loans come with long repayment tenures that allow you to spread the cost of your car into small monthly instalments. With competitive interest rates and an easy online process, availing of our new car loans is easy and convenient.
Buying a new car under Rs. 20 lakh do not have to be a daunting task. With the wide range of options available in the market today, finding the perfect car to suit your needs and budget is easier than ever. And with the option of new car loans, you can drive away with your dream car without worrying about the financial burden. So why wait? Start exploring your options today and take the first step towards car ownership.
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Note: Mileage figures are as per ARAI certification and may vary based on driving conditions and other factors.
The prices mentioned are ex-showroom prices in Delhi. Prices will vary depending on the city of purchase.