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    Cars Under 4 Lakhs in India 2019

    The car market is flooded with new and brilliant launches every year. The car makers have joined the competition to unveil new vehicles to lure the buyers. While some companies are focussing on the premium buyers, others are coming up with cars suiting the budget of the middle-class Indians. In a quest to achieve greater sales they are introducing some really great car models in an affordable price range. While some of them are from the budding manufacturers, others are already enjoying the tag of the best-sellers in the budget-car market.

    The best thing about these cars are, though they are offered at a competitive price, they are no less than their high-priced counterparts when it comes to manufacturing, design, style, and performance. If you want a budget-friendly car that will be sturdy and reliable in all aspects, then you are in the right place. Here is a list of cars available under Rs.4 lakh in the Indian car market in 2018.

    Most Popular Cars Under Rs.4 Lakh in 2018

    1. Tata Tiago

    During mid of April 2016, Tata Motors introduced Tata Tiago, the perfect competitor of the market leading 4-wheelers like Maruti Suzuki Celerio, Honda Brio, Hyundai Grand i10, Chevrolet Beat. A hatchback in style and design, the classy Tiago features a luxurious yet sturdy look as expected by the Indian buyers. Interestingly, this spacious car had grabbed the tag of being the top-selling low-budget car in 2017.

    As previously mentioned, Tata Tiago is a first-of-its-kind budget car from Tata Motors. It offers a smooth driving experience and good fuel economy. Drivers can switch between the multi-drive modes - City and Eco. The electric power steering makes it easier to maneuver the car on Indian roads. What's more, Tiago comes with ConnectNext Infotainment system, 8 speakers, and a turn-by-turn navigation app to enhance your driving experience. The safety features of this car include dual front airbags, ABS with EBD, and rear parking sensors with display.

    Price: The starting price of the petrol variant is Rs.3,35,305 and diesel variant is Rs.4,16,023 (ex-showroom price New Delhi).

    Tata Tiago Technical Specifications
    Engine Revotron 1.2-litre 3-cylinder petrol engine Revotorq 1.05-litre 3-cylinder diesel engine
    Fuel tank capacity 35 litres
    Mileage 23.84 km/l 27.28 km/l
    Displacement 1,199 cc 1,047 cc
    Transmission Manual, 5-speed/AMT Manual, 5-speed
    Maximum power 85 PS @ 6,000 rpm 70 PS @ 4,000 rpm
    Peak torque 114 Nm @ 3,500 rpm 140 Nm @ 1,800-3,000 rpm
    Seating capacity 5

    2. Renault KWID

    Renault KWID is another very high-utility budget car that should be included in this list. Being powered by a 0.8 litre Smart Control Efficiency Engine (SCe) with 3 NR cylinders, the basic KWID STD 0.8 model offers high fuel-efficiency. The interior of this SUV-inspired car is quite spacious and it offers a comfortable ride to the passengers. When it comes to cheap yet fashionable cars, this is the one you should go for.

    Price: This car model is available at a starting price of Rs.2,66,700 (ex-showroom price New Delhi).

    Renault KWID Technical Specifications
    Engine 0.8-litre SCe 1.0-litre SCe
    Fuel tank capacity 28 litres
    Mileage 23-25.2 km/l
    Displacement 799 cc 999 cc
    Transmission 5-speed manual synchromesh
    Maximum power 54 PS @ 5,678 rpm 68 PS @ 5,500 rpm
    Peak torque 72 Nm @ 4,386 rpm 91 Nm @ 4,250 rpm
    Seating capacity 5

    3. Datsun redi-Go

    Datsun redi-GO 0.8L is available in 5 brilliant colors - ruby, silver, lime, grey, and white. The car has spacious interiors, a bluetooth audio system, and 3D-shaped headlamps. This car model offers the best in comfort, style, and performance. It has a high ground clearance. The remote key and central locking system features are convenient for the users.

    Price: The price of Datsun redi-Go starts from Rs.2,49,999 (ex-showroom price Delhi).

    Datsun redi-Go Technical Specifications
    Engine 0.8-litre 1.0-litre
    Fuel tank capacity 28 litres
    Mileage 22.7 km/l 22.5 km/l
    Displacement 0.799 l 0.999 l
    Transmission 5-speed manual
    Maximum power 54 PS @ 5,678 rpm 68 PS @ 5,500 rpm
    Peak torque 72 Nm @ 4,386 rpm 91 Nm @ 4,250 rpm
    Seating capacity 5

    4. Hyundai EON

    The South Korean manufacturer, Hyundai, is known for manufacturing fashionable yet less expensive cars. This particular model which was ideally made to offer an extra value to the users was launched in October 2011. The best-in-class features, high style quotient, and spacious and attractive interiors are the factors that made it receive high admiration in the budget-car segment in the country. This serves as an ideal pick for people who are wishing to get an ideal blend of performance, style, and economy while buying a car.

    If you are a first-time buyer, the Hyundai EON can serve as your ideal first car. This car model features a 15.75 cm touchscreen AV system, comfortable seats, a spacious boot, and wraparound headlamps.

    Price: The price of Hyundai EON starts from Rs.3,32,900 (ex-showroom price Delhi).

    Hyundai EON Technical Specifications
    Engine 0.8-litre MPi 1.0-litre kappa
    Fuel tank capacity 32 litres
    Mileage 21.1 km/l 20.3 km/l
    Displacement 814 cc 998 cc
    Transmission 5-speed manual
    Maximum power 56 PS @ 5,500 rpm 69 PS @ 6,200 rpm
    Peak torque 7.6 kg.m @ 4,000 rpm 9.6 kg.m @ 3,500 rpm
    Seating capacity 5

    5. Maruti Suzuki Alto K10

    The Alto K10 has dual-tone interiors, fog lamps, keyless entry, and power windows. This car model is available in 5 colours - tango orange, fire brick red, superior white, silky silver, and granite grey. Safety features of this car include driver side airbag, front disc brake, childproof rear door locks, seatbelts, and front fog lamps. Alto K10 offers fuel economy in heavy urban traffic. The i-GPI CNG technology in K10 makes the car eco-friendly.

    Price: The Alto K10 is available at approximately Rs.3.30 lakh onwards (ex-showroom price Delhi).

    Maruti Suzuki Alto K10 Technical Specifications
    Engine 1-litre K-Next
    Fuel type Gasoline CNG
    Fuel tank capacity 35 litres 60 litres
    Mileage 24.07 km/l 32.26 km/l
    Displacement K10B (998cc)
    Transmission 5AMT
    Maximum power 68 PS @ 6,000 rpm 59 PS @ 6,000 rpm
    Peak torque 90 Nm @ 3,500 rpm 78 Nm @ 3,500 rpm
    Seating capacity 5

    When it comes to cars which cost under Rs.4 lakh, these are the most popular ones which have become common choices among the low income groups and students. However, the number of low budget cars are gradually increasing and the above list is not an exhaustive one. Whether it is cars or car loans, take the time to do some research and find the one that best suits your driving needs and auto financing needs.

    Customer Reviews

    • Bank of Baroda Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The experience with them has been quite good with this loan where the loan amount has been sufficient. The interest rate which they offered has been nominal when compared with the market rate and there has not been any extra charges which they had made so far. Their customer support team had also been supportive as well.
      Was this review helpful? 2
      , navi mumbai
      Reviewed on Jan 18, 2019
    • HDFC Bank Car Loan
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      Before three years I purchased second vehicle that is Hyundai I 10 , the documentation process was good with HDFC. The dealer coordinated with the bank, hence the process was quick. I got multiple options but I chosen HDFC, the Interest rate is better because I am an existing customer.
      Was this review helpful? 0
      , delhi
      Reviewed on Jan 18, 2019
    • HDFC Bank Car Loan
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      I was taken car loan from HDFC, first time I purchased SANTRO car, the documentation was very convenient. They gave me the door step service I went to the dealer and they done the process, and on time I got the car deliver. They gave me the flexible emi option.
      Was this review helpful? 1
      , delhi
      Reviewed on Jan 18, 2019
    • SBI Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It has been quite a good experience i had with this car loan and the loan amount which they had provided has been sufficient as well. The interest rate with them was around 9.25% which was nominal when compared with the market rate. The charges which they had made has been nominal as well, and even their customer support has been responsive as well.
      Was this review helpful? 2
      , bhubaneshwar
      Reviewed on Jan 17, 2019
    • SBI Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have been taken my car loan with State bank of India, they have given me sufficient loan amount, and i am satisfied with the loan amount , and the rate of interest they have charged me up to 9.45% which is bit high compare to other bank,i have asked for 9 % but its okay, and the processing fee they have charged me was nominal,overall service is good.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 17, 2019
    • Kotak Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been taken my car loan with Kotak mahindra bank recently ,like 2 months before i took this loan, and i am happy with the loan amount they have given me ,it was sufficient for me, and the rate of interest they have charged me up to 9.3% which was nominal for me and the processing fee they have charged me was nominal, the loan amount process went smoothly. the overall service rendered by them was really good.
      Was this review helpful? 1
      , chennai
      Reviewed on Jan 17, 2019
    • Central Bank of India Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It was a good experience i had with this loan and the loan amount which they had provided has been sufficient. The interest rate with them is quite nominal when compared with the market rate. There has not been any sort of additional charges which they had made so far.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jan 13, 2019
    • SBI Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I took my car loan in State Bank of India by last year. The charges are normal. I have spend down payment nearly 1L out of 7L. The branch is near to my residence so will never contact the customer service. The process was immediate and it was completed within 2 days.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jan 12, 2019
    • HDFC Bank Car Loan
      "Its Excellent"
      0.5 4.5/5 "Excellent!"
      HDFC gave me the door step service for the car loan. I took the loan before three years. It was the fantastic experience for me because I got the better interest, I took the loan for 5 years but I done the foreclose in three years , there was no charges for it.
      Was this review helpful? 2
      , ahmedabad
      Reviewed on Jan 11, 2019
    • Capital First Car Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      The process in getting my Car loan from them has been quite good and the process went smooth. The loan amount was sufficient but the interest rate with them has been quite high when compared with the market rate. Their customer support and their response has been good and has been helpful as well.
      Was this review helpful? 2
      , bangalore
      Reviewed on Jan 10, 2019
    • HDFC Bank Car Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      My car loan experience with HDFC has been good and the loan amount which they had provided has been sufficient. The interest rate with them has been nominal and there has been some charges like processing fee. Overall their has been a help from their customer support as well.
      Was this review helpful? 1
      , pune
      Reviewed on Jan 09, 2019
    • HDFC Bank Car Loan
      "Average Loan Service"
      0.5 3.0/5 "Satisfactory"
      I have approached the bank directly for my car loan. Since I'm existing customer of HDFC for 13 years, i have chosen them. I purchased the loan amount of Rs. 2 lakhs. They have offered me a interest rate of 16% In October 2018, i have closed this loan. Total tenure period of the loan was 3 years. Car Dealer has recommended me about this loan.
      Was this review helpful? 4
      , srikakulam
      Reviewed on Jan 09, 2019
    • Magma Car Loan
      "Average service"
      0.5 1.5/5 "Bad"
      I have been using my car loan with Magma Fincorp previously, they have given me sufficient loan amount ,the rate of interest they have charged me was high,and the processing fee they have charged me was high , i was not happy with there service.
      Was this review helpful? 3
      , ghaziabad
      Reviewed on Jan 08, 2019
    • HDFC Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have been using my car loan with HDFC bank, there service is too good, the loan amount they have given me was sufficient,the rate of interest they have given me up to 9% which is nominal for me,and the processing fee they have charged me was nominal only they have charged me up to 1% only,and still my loan is running ,there was no hidden charges they have charged apart from that,overall service is good.
      Was this review helpful? 1
      , ghaziabad
      Reviewed on Jan 08, 2019
    • HDFC Bank Car Loan
      "Nice offer and nice loan"
      0.5 4.0/5 "Great!"
      I had a car loan with HDFC 1 year back. They have given me a nice offer hence i opted the loan with HDFC. I'm not sure about the partial payment and pre-closure facility. They have given me a nice interest rate according to what i want. I was taken a loan amount of Rs. 3 lakhs.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 08, 2019
    • review Car Loan
      "Need to reduce the charges"
      0.5 3.5/5 "Pretty good"
      I have taken a car loan in Nissan Institution, it was good. I bought the car from same showroom and they have provided me a facility. The rate of interest was high. The documentation procedure was simple. I have taken the loan almost 2 years back and its still running. The loan tenure is 5 years.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jan 08, 2019
    • HDFC Bank Car Loan
      "Looking for less interest rate"
      0.5 4.0/5 "Great!"
      My car loan experience was good with HDFC bank, loan amount was sufficient and the rate of interest was high when compared to other banks. Customer service was good and they responded on time. The tenure period for this car loan is for 5 years.
      Was this review helpful? 1
      , new delhi
      Reviewed on Jan 08, 2019
    • ICICI Bank Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my car loan with ICICI bank, the rate of interest they have charged me was nominal and they have charged me processing fee they have charged me which was nominal, the loan amount they have given me was sufficient according to the car price i got my loan, still this loan is running,overall service is good.
      Was this review helpful? 3
      , new delhi
      Reviewed on Jan 08, 2019
    • IOB Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my car loan with Indian overseas bank, the loan amount they have given me was sufficient, they have charged nominal rate of interest they have charged me up to 9 % which was nominal and there is zero processing fee , so far there service is have experience was good, they have not taken any hidden charges ,there overall service is good.
      Was this review helpful? 2
      , mumbai
      Reviewed on Jan 08, 2019
    • HDFC Bank Car Loan
      "Good loan experience with HDFC"
      0.5 4.0/5 "Great!"
      My car loan running with HDFC bank, the customer service is super and the fast approval on the disbursement. They taken 15 days to deliver the car. The principal amount is Rs. 4 lakhs for the tenure of 5 years, the car model is baleno which is latest.
      Was this review helpful? 3
      , aligarh
      Reviewed on Jan 07, 2019
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