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    Car Prices in India

    The car market in India has expanded dramatically in the last two decades. We have seen a number of car manufacturers from all around the world launching their cars and brands in India. Indian car manufacturers have also blossomed introducing a number of models and variants over the years. Some of the leading manufacturers in the country include Tata, Mahindra & Mahindra, and Maruti Suzuki. From compact and budget-friendly hatchbacks to luxurious and expensive sedans and SUVs, the Indian roads see a diverse range of cars. The price range of these cars start at a few lakhs and end at a few crores.

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    Car Price Range in India

    India’s leading automobile manufacturer Tata had launched the Tata Nano as the car that would cost Rs.1 lakh. However, only the first few buyers got this price. The current ex-showroom price in Delhi for a base model is about Rs. 2 lakhs. The highest on road price for the Tata Nano is about Rs. 3.64 lakhs. However, the Nano has an unmatched competitor that has had a long-run in the market and is still going strong. The budget-friendly Maruti Suzuki Alto starts at Rs. 2.52 lakhs ex-showroom and dominates the market as the highest selling car.

    In between, India seems to have an unlimited supply of mid size cars, vans, MUVs, MPVs, sedans, executive cars, and premium cars. These cars usually fall between Rs. 6 lakhs up to Rs. 35 lakhs.

    Right on top, India has the cars that turn heads on the roads with their large size and smooth drive. These cars fall under the categories of luxury cars, super luxury cars, SUVs, convertibles, sports cars and super cars. These cars cost nothing less than Rs. 50 lakhs and roll into crores. The Jaguar XJ, Porsche Cayenne, Porsche Cayman, and the Audi RS5 are some of the cars that cost little over a crore. The most expensive cars available in the country range between Rs. 8.5 crore and Rs. 13 crore. These cars include the Conquest Evade, Bugatti Veyron and the Koenigsegg Agera. With so many choices in the automobile market, it’s no wonder that the price range varies so much. Looking at the different segments of cars, we can estimate a price range for the cars.

    Table of Car Price Range in India

    The prices below are an estimate according to the segment of cars. For detailed prices, please refer to the page of your selected car.

    Car Ranges in India
    Car Segment Type Estimated Price Examples

    A

    Hatchbacks

    Rs. 2 lakhs - Rs. 5 lakhs

    Alto, Spark, Nano, Eon

    A1

    Hatchbacks

    Rs. 7 lakhs

    Santro, Indica, Beat

    A2

    Hatchbacks

    Rs. 7 lakhs to 10 Lakh

    Ritz, i10, i20, Swift, Figo

    B1

    Vans

    Rs. 2 lakhs - Rs. 5 lakhs

    Eeco, Omni, Versa

    B2

    MUV/MPV

    Rs. 7 lakhs - Rs. 17 lakhs

    Sumo, Innova

    C1

    Sedan

    Rs. 6 lakhs - Rs. 10 Lakh

    Indigo, Fiesta, Sunny

    C2

    Sedan

    Rs. 8 lakhs - Rs. 13 lakhs

    Verna, Manza, Linea

    D1

    Sedan

    Rs. 15 lakhs

    Fluence, Corolla

    D2

    Sedan

    Below Rs. 35 Lakh

    Accord, Camry, Kizashi

    SUV

    SUV

    Rs. 5 lakhs - Rs. 13 crores

    Vitara, CRV

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      0.5 5.0/5 "Blown Away!"
      The process in getting the loan had been smooth and easy and the loan has been disbursed in one single day. The loan amount which they had provided had been satisfactory and the interest rate has been less when compared with the other banks which are offering. Their customer support also had been very good and they had been responsive as well.
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      , hyderabad
      Reviewed on Jul 20, 2018
    • HDFC Bank Car Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I took a car loan from the HDFC bank for the car loan for an amount of 4 lakhs, I got the loan with in 2 days, I got the amount credited to the account. The interest rate was also normal. The whole application and the documentation was easy and it was hassle free too.
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      , hyderabad
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    • ICICI Bank Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan with ICICI bank and my loan experience was good, the loan amount was for Rs 2.5 lakhs with nominal interest rate when compared to others. I have taken ALTO and my loan was approved based on ex-showroom price. The tenure period for this loan is 4 years.
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      , hyderabad
      Reviewed on Jul 20, 2018
    • TVS Credit Services Car Loan
      "Need to improve the customer care"
      0.5 5.0/5 "Blown Away!"
      I have got the loan after that there is no contact with them. I'm unable to contact the customer care. Whenever i call to the customer care, the busy tone is coming otherwise it says the number does not exist. I'm satisfied with the customer care. After that i'm not interest to call the customer care. Processing fees is nominal only. I'm not aware of the interest rate and its okay for me. Loan process is very fast service. They did not delayed in sanctioning the loan.
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      , chennai
      Reviewed on Jul 19, 2018
    • HDFC Bank Car Loan
      "Nothing Greater to say about HDFC"
      0.5 5.0/5 "Blown Away!"
      Processing fee was good in HDFC. I never spoke with the customer care service of HDFC. From the dealer end i have applied for the car loan. If you give all the documents properly, then i can get the loan easily. I have received the loan on time. They have provided me a interest rate of 9%. I have applied the loan amount of Rs. 5 lakhs.
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      , bangalore
      Reviewed on Jul 19, 2018
    • HDFC Bank Car Loan
      "Tension free card"
      0.5 5.0/5 "Blown Away!"
      I have purchased this card long time back around 15 years back. I have never called the customer care service as of now since i don't need to call them. There is no hidden charges for the card. Whenever it is necessary, i will use the card. I won't use the card often. They are not charging for the annual fee for the credit card. I never face any issue with the card so far.
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      , bangalore
      Reviewed on Jul 19, 2018
    • Indian Bank Car Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      Got my car loan from Indian bank , where the rate of interest is high of promising one They took few days for approval and documentation. Where i use to pay monthly through ECS for 5 years . They issued the Demand draft after that only they asked for sign for the approval . And there are no processing fees.Overall, I am satisfied with CAR loan from Indian bank.
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      , bangalore
      Reviewed on Jul 18, 2018
    • SBI Car Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      The process in getting the loan had been very good and the loan amount which they had provided had been satisfactory as well. The payments tenures has been for seven years and i had taken a loan amount of 5L. The rate of interest has been okay with them where it has been kept floating and it has been changing according to the market rate.
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      , bangalore
      Reviewed on Jul 17, 2018
    • HDFC Bank Car Loan
      "Good service"
      0.5 3.5/5 "Pretty good"
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      Was this review helpful? 1
      , bangalore
      Reviewed on Jul 17, 2018
    • HDFC Bank Car Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      Got my car loan from Hdfc bank , where the rate of interest is average based on market price . They did instant process for approval and documentation and sanction the loan based on on road price of the card. Where i use to pay monthly through ecs for 50 months . And there is no processing fees.Overall am satisfied with car from hdfc.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jul 17, 2018
    • IndusInd Bank Car Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I got car loan from Indusind bank , their rate of interest is nominal one based on the market price and am satisfied with it For documentation and approval their customer service took 10-15 days for whole thing. Making the payments through ecs and there is no charges for transaction. I have chosen tenure period of 30 months .
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 17, 2018
    • HDFC Bank Car Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
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      Was this review helpful? 0
      , vadodara
      Reviewed on Jul 17, 2018
    • Union Bank of India Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
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      , chennai
      Reviewed on Jul 17, 2018
    • ICICI Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      It has been a moderate experience i had from them, and the process in getting this loan had been very simple and has been easy. The loan amount which they had provided had been satisfactory and the interest rate with them had been nominal. There has not been any hassles faced with the banking services of them.
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      , hyderabad
      Reviewed on Jul 13, 2018
    • HDFC Bank Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
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      , kolkata
      Reviewed on Jul 13, 2018
    • HDFC Bank Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The process in getting this car loan had been very easy and simple and the loan amount which they had provided had been satisfied. The rate of interest which they where offering had been nominal compared with the market rate. Their customer support and the staff responses had been very helpful at times.
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      , new delhi
      Reviewed on Jul 13, 2018
    • SBI Car Loan
      "Best Service"
      0.5 4.5/5 "Excellent!"
      I have taken a car loan with SBI and my loan experience was good, the loan amount was for Rs 2 lakhs with nominal interest rate when compared to other banks. My loan was approved on Ex-showroom price and it was a new car. There are no charges on preclosure and i have completed 50% of the tenure period. I have to pay an EMI for 4 years for this loan.
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      , mumbai
      Reviewed on Jul 13, 2018
    • SBI Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      My car loan experience was good with SBI, the loan amount was for Rs 4 lakhs with nominal interest rate when compared to others. My loan was approved on ex-showroom price and the customer service was good. There are no foreclosure charges and there is no particular tenure period for this loan as the loan can be closed anytime.
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      , hyderabad
      Reviewed on Jul 13, 2018
    • Kotak Car Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      I took a card loan from the Kotak Mahindra Bank for 6 lacs, I got the loan with in 3 days. The interest rate was 8% nominal rate. I am paying monthly 12400 as EMI for this loan. The whole application process was easy and hassle free and I got the loan loan amount with out any hassle.
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      , ahmedabad
      Reviewed on Jul 12, 2018
    • SBI Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It had been a very good experience i had with them for getting this car loan. The process was very simple and easy where it took very less time in getting the loan. The loan amount which they had provided me had been satisfactory and the interest rate also had been nominal and there has not been any extra charges which had been taken for the process or anything so far.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jul 12, 2018
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