If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
  • Car Loan BYTES FROM OUR KITCHEN

    Cars Below Rs.6 Lakh 2018

    Are you looking for a reasonably priced car? You can choose from numerous options as all leading car manufacturers are launching cars at affordable prices in order to attract more and more customers. They have understood that they can get more buyers when they offer good car deals by providing buyers with excellent and elementary car features at economical prices.

    Whether you are looking for a hatchback or a Sedan, you can find a nice car according to your specific preferences. There are both petrol and diesel variants that are offered within this price range. You can also choose from automatic and manual transmission systems. The on-road prices of these splendid automobiles are priced after proper research projects.

    When you decide to purchase a new car in your name, you will most likely fix a budget beforehand and then look for cars within that budget. Your budget will be set according to your income, preference, requirement, and your monthly expenses. If you have set Rs.6 lakh as your budget to purchase an automobile, then you can find several options.

    Cars that are Priced Below Rs.6 lakh

    1. Tata Tiago

    The Tiago is a midsize hatchback manufactured by Tata Motors. The car comes in a petrol and a diesel variant and gives a mileage of 23.84kmpl and 27.28 kmpl respectively. The Tiago has a sporty design in terms of its exterior.

    Tata Tiago Specifications
    Estimated Price (Ex-showroom) Petrol: Rs.3.35—5.59 lakh Diesel: Rs.4.16—6 lakh
    Maximum power output 84bhp@6000rpm 69bhp@4000rpm
    Maximum torque 114Nm@3500rpm 140Nm@1800-3000rpm
    Transmission 5-speed manual transmission
    Engine Type 1.2-litre 84bhp 12V Revotron Engine 1.05-litre 69bhp 12V Revotorq Engine
    Mileage 23.84 kmpl 27.28kmpl
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    2. Renault KWID

    The Renault KWID comes with a number of top-notch features such as a 7-inch touchscreen infotainment screen that also includes a navigation system. The KWID also comes in 3 variants and they differ based on engine capacity, mileage and transmission. Furthermore, the KWID also has some limited edition paint jobs with Marvel’s Captain America and Iron Man themes and are in the Rs.4.34—4.64 lakh price range.

    Renault KWID Specifications
    Estimated Price (Ex-showroom) Rs. 2.67 - 4.64 lakh
    Maximum power output 53.3bhp@5678rpm
    Maximum torque 72Nm@4386rpm
    Transmission 5-speed manual transmission
    Engine Type 0.8-litre 53.3bhp 12V Petrol Engine
    Mileage 25.17 kmpl

    3. Hyundai Grand i10

    The Grand i10 comes in 5 petrol variants and 4 diesel variants. Some of the additional features of the car include a 7-inch touchscreen infotainment system, automatic climate control, push-button start, and rear-parking sensors.

    Hyundai Grand i10 Specifications
    Estimated Price (Ex-showroom) Petrol: Rs.5.48 lakh Diesel: Rs.5.9 lakh
    Maximum power output 81.86bhp@6000rpm 73.97bhp@4000rpm
    Maximum torque 113.75nm@4000rpm 190.24Nm@1750-2250rpm
    Transmission 5-speed manual transmission
    Engine Type 1.2-litre 82bhp 16V Kappa VTVT Petrol Engine 1.2-litre 75bhp 12V U2 CRDi Diesel Engine
    Mileage 18.9 kmpl 24 kmpl

    4. Honda Brio

    The features of the Brio are very basic compared to other cars within the same price range. It is available in 3 variants, of which only the VX comes with automatic transmission. The mileage for the automatic transmission variant is 16.5 kmpl. Some of the features of the Brio include electric power steering, dual from airbags, keyless entry, and steering-mounted audio controls.

    Honda Brio Specifications
    Estimated Price (Ex-showroom) Rs. 4.73 - 6.82 lakh
    Maximum power output 86.8bhp@6000rpm
    Maximum torque 109Nm@4500rpm
    Transmission 5-speed manual transmission
    Engine Type 1.2-litre 86.8bhp 16V i-VTEC Engine
    Mileage 18.5 kmpl

    5. Nissan Micra Active

    The Micra Active is the pre-facelift version of the Micra and is one of the most affordable cars that Nissan manufactures. Some of the features of the Micra Active include steering wheel adjustments, engine immobilizer, headlamp beam adjuster, passenger airbags, low fuel, seat belt and door ajar warning.

    Nissan Micra Active Specifications
    Estimated Price (Ex-showroom) Rs. 4.74 - 5.69 lakh
    Maximum power output 67.04bhp@5000rpm
    Maximum torque 104Nm@4000rpm
    Transmission 5-speed manual transmission
    Engine Type 1.2-litre 67.04bhp 12V In Line Petrol Engine
    Mileage 19.49 kmpl

    These are the top 5 cars whose prices fall within Rs.6 lakh. You can choose from any of the above-mentioned vehicles or look for more options that are available. We have created the above list by keeping certain important factors in mind, such as mileage, seating capacity, engine displacement, transmission systems, fuel systems, and many more.

    If you feel that the funds you have in your bank account need to be used for other expenses, then you can take a car loan to buy a new car. All you need to do is, make sure you pay each equated monthly installment (EMI) for your loan promptly without missing any deadline. You can then have stress-free drives on your new car! You can pick a car loan from a bank or a non-banking financial corporation.

    Car Loan 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? 1
      , 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? 0
      , 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? 2
      , aligarh
      Reviewed on Jan 07, 2019
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