Top 5 cars under Rs. 15 lakh

India's car market offers a some great options for those looking to buy one of the top 5 cars under Rs. 15 lakh. Whether you are eyeing a sturdy SUV or a zippy hatchback, there is something for everyone. In this guide, we will explore some of the options available in this budget segment.

Before diving headlong into buying a car, it is crucial to plan and budget wisely. Purchasing a brand-new car is a big-ticket expense and requires a huge amount of funds in one go. This is where new car loans can come in handy as it will help you with quick access to funds. Bajaj Finance offers new car loans that come with simple car loan eligibility criteria and minimal paperwork. With Bajaj Finserv New Car Finance, you can get funds up to 100% of the car’s on-road price and bring home your preferred car with ease.

In this guide, you will explore the top 5 cars under Rs. 15 lakh and how a car loan can help you in financing your purchase.

Here is the list of the top 5 cars under Rs. 15 lakh in India

*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 so that you can make an informed choice.

1. Mahindra Thar: Its base model Mahindra Thar AX Opt 4-STR Hard Top Diesel is priced at Rs. 11.25 lakh. If you can extend your budget, you can opt for Mahindra Thar Edition Diesel AT, which comes with a price tag of Rs. 17.60 lakh. It is available in both petrol and diesel versions and offers an impressive mileage of up to 15.2 kmpl.
2. Hyundai Creta: The base model of the Hyundai Creta is priced at Rs. 11 lakh while the most expensive model is priced at Rs. 20.15 lakh. Available with both - automatic and manual transmission, it delivers a mileage range of 17.4 kmpl to 21.8 kmpl.
3. Mahindra Scorpio: The base model of Mahindra Scorpio is priced at Rs. 13.59 lakh while the most expensive model is priced at Rs. 17.35 lakh. With a powerful engine, impressive mileage, the Mahindra Scorpio can be a great choice for you.
4. Tata Punch: The base model of Tata Punch is priced at Rs. 6.13 lakh while the most expensive variant is priced at Rs. 10.20 lakh. Available in both versions – CNG and petrol, it offers a mileage of 18.8 kmpl to 26.99km/kg.
5. Maruti Suzuki Ertiga: Maruti Suzuki Ertiga is the go-to choice for families seeking comfort and space. Its base model Maruti Suzuki Ertiga LXi (O) is priced at Rs. 8.69 lakh, while the most expensive model Maruti Suzuki Ertiga ZXi Plus AT is priced at Rs. 13.03 lakh. Available in both the versions – petrol and CNG, it delivers a mileage of 20.3 kmpl to 26.11 km/kg across the variants.

Why choose Bajaj Mall for your car purchase

You can check out details of these cars such as mileage, engine specifications and more easily by visiting Bajaj Mall. On Bajaj Mall, you can use the search filters and find your desired car with ease. You can narrow down your search based on specific criteria like brand, price, and more. Once you finalise the car, you can use our financing solution and book your car online. Our new car loans come with flexible repayment tenure options that allow you to spread the cost of your car into small monthly instalments. Check the instalment amount using our car loan EMI calculator. With an easy application process and competitive car loan interest rates, Bajaj Finserv New Car Finance makes borrowing hassle-free for you.

Buying a new car under Rs. 15 lakh is not a difficult task. With a plethora of options available, you are spoilt for choice. And with the option of new car loans, you can easily bring your dream car home. New car loans offer a convenient way to finance your car purchase. They provide you with the flexibility to manage your finances effectively and avoid a large upfront payment.

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.

Check other lists of top 5 cars with different budget