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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 Segment

    Type

    Estimate

    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!"
      I have taken a car loan from HDFC bank and the approved loan amount was 5 lakhs. The rate of interest was 8%. It was a reasonable one. The monthly EMI comes around 10800 for a tenure of 5 years.I got the approved with in 1 week of time. It was a good experience.
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      , gurgaon
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    • Kotak Car Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      Around 8 months ago , I have got the car loan from the KOTAK MAHINDRA BANK and they have disbursed the loan amount within 10 to 15days of time. The customer support and the response is a good with the Mahindra bank. The rate of interest and the charges are bit high with the KOTAK MAHINDRA BANK when compared with others.
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    • Toyota Finance Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan from Toyota Finance and my loan experience was good. The loan amount was for Rs 5 lakhs with nominal interest rate when compared to other sources. My loan was approved based on the on-road price. Customer service was good and the tenure period of this loan is 5 years.
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      , chennai
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    • Oriental Bank of Commerce Car Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      Recently I have got the card loan from the ORIENTAL BANK OF COMMERCE around 5 months ago. They took around 10 to 15 days time to disburse the loan amount. The required loan amount has been given and I am satisfied with it. The rate of interest and the charges are average with the OBC car loan service.
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      , ghaziabad
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    • review Car Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I have a car loan with Tvs. The service have been purchased directly from the showroom. The staffs where supportive during the process. The rate of interest they offer me was nominal compared with others in the market. The process was been very fast with Tvs car loan service. It was an good experience with Tvs car loan service.
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      , bangalore
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    • Bank of Baroda Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      The BANK OF BARODA has disbursed the car loan within 4 hours of time. The customer support service and the response is excellent with the bank of Baroda. I have submitted the documents on the same day and same time I have got the loan from the bank of Baroda.
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      , chennai
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    • HDFC Bank Car Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      I got good experience from the HDFC BANK in regards to my car loan application. They have disbursed the loan amount within 2 to 3 days of time and the required loan amount has been given and i am satisfied with it. The rate of interest and the charges are nominal with the HDFC bank.
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      , chennai
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    • HDFC Bank Car Loan
      "Very good"
      0.5 5.0/5 "Blown Away!"
      My car loan was taken with HDFC bank 2years back. The loan amount was 3 lakhs and the interest rate 10-11% which is average . The customer service and responses was up to the mark.The process was smooth and hassle free . There is processing fee at all .My experience was really good.
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      , lucknow
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    • Bank of Baroda Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan with Bank of Baroda and my loan experience was very good, the loan amount was for Rs 2.15 lakhs with nominal interest and the tenure period is for 7 years. Customer service was good and they followed up on time. Overall it was a good service from BOB.
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      , faridabad
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    • HDFC Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My experience with HDFC bank for car loan was very good, the loan amount was up to my expectations and the rate of interest was nominal. The tenure period of this loan is 3 years and my loan amount was approved based on the on-road price. Customer service was good and they followed up on time.
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      , kolkata
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    • Axis Bank Car Loan
      "Perfect service"
      0.5 5.0/5 "Blown Away!"
      I got the car loan from AXIS BANK around a year ago. The customer support service is good with the AXIS BANK and they give good response to the customers. The rate of interest and the charges are average as per the market. This loan has the tenure of 5years and still 4 years left to close the loan.
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      , kolkata
      Reviewed on Apr 12, 2018
    • HDFC Bank Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
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      , chennai
      Reviewed on Apr 12, 2018
    • Kotak Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      Kotak Mahindra Bank has offered me car loan and it has been a excellent experience. I got the loan in three days. They offered me a outstanding rate of interest of 8.25% and there was no processing charges. The customer services and response is good.
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      , new delhi
      Reviewed on Apr 11, 2018
    • Axis Bank Car Loan
      "Good overall"
      0.5 4.0/5 "Great!"
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      , new delhi
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    • Tata Finance Car Loan
      "Needs to improve on customer service"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan from Tata Finance and my loan experience was good, the loan amount was for Rs 3 lakhs with nominal interest rate when compared to other sources. My loan was approved based on the on-road price and i make EMI gets auto deducted through ECS. The only issue i found is i paid an EMI amount online as well as they deducted money from ECS.
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      , kolkata
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    • HDFC Bank Car Loan
      "Can be more quick in the process"
      0.5 4.0/5 "Great!"
      I have taken my car loan earlier with HDFC Bank. The processing time is long and they need to work on that. It took them a month to process the loan. The loan was disbursed as needed, but it was a delayed process. The bank can be more quick to collect the documents too. The rate of interest is normal and there was a processing fee.
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      , new delhi
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    • SBI Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken a car loan with SBI and my loan experience was good, the loan amount was for Rs 4 lakhs with rate of interest of 9.1% which is nominal rate when compared to other banks. I pay an EMI of Rs 8229 and my loan was approved based on the on-road price. The tenure of this loan is 5 years and there are no charges on preclosure of the loan.
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      , kolkata
      Reviewed on Apr 09, 2018
    • HDFC Bank Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
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    • Axis Bank Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
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      , greater noida
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    • HDFC Bank Car Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      The HDFC bank car loan service was good . The rate of interest and the charges were high. They have charged the interest rate of 8.6% for my car loan. The documentation process was smooth with the HDFC bank car loan services. The process was quick and fast from the HDFC bank.
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      , bangalore
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