India's car market offers a plethora of options catering to diverse preferences and budgets. Whether you are seeking efficiency, style, or affordability, there is a perfect car waiting for you. And the best part? You can find a wide range of cars under Rs. 11 lakh.
However, purchasing a car involves financial planning. That is where new car loans come into play, providing a smart solution to finance your dream car without straining your finances. By availing of a car loan, you can cover the cost of your car effectively while enjoying the flexibility of affordable monthly instalments.
Bajaj Finance offers new car loans that come with simple eligibility criteria and minimal documents. With Bajaj Finserv New Car Loans, you can get quick access to funds in a hassle-free process. With our new car loans, you can get financing of up to 100% of the car’s on-road price and bring home your desired vehicle with ease.
In this guide, we will explore the top picks within the budget of Rs. 11 lakh and how Bajaj Finserv New Car Loans can facilitate your car purchase.
Here is the list of the best cars under Rs. 11 lakh available in India
| Model name | *Ex-showroom price (Starting at) |
| Hyundai Exter | Rs. 6.13 lakh |
| Tata Punch | Rs. 6.13 lakh |
| Hyundai i20 | Rs. 7.04 lakh |
*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.
Hyundai Exter: Hyundai Exter presents a range of options to suit varied needs. Starting at Rs. 6.13 lakh for the base model Exter EX, this option offers affordability without compromising on quality. For those seeking premium features, the Exter SX Opt Connect DT AM priced at Rs. 10.28 lakh is an excellent choice. With a mileage of 19.4 kmpl, the Hyundai Exter ensures fuel efficiency, making it an ideal companion for your daily commute.
Tata Punch: Tata Punch is a compact yet powerful option, offering versatility, and style. Priced at Rs. 6.13 lakh for the base model, the Punch Pure provides excellent value for money. For those desiring top-notch features, the Punch Creative Flagship AMT DT priced at Rs. 10.20 lakh is worth considering. With a mileage ranging from 18.8 kmpl to 20.09 kmpl, the Punch delivers both efficiency and performance.
Hyundai i20: The Hyundai i20 is synonymous with elegance and innovation. The base model, i20 Era, is priced at Rs. 7.04 lakh, offering a perfect blend of style and functionality. For those seeking luxury, the i20 Asta Opt IVT DT priced at Rs. 11.21 lakh is the ultimate choice. With a mileage ranging from 16 to 20 kmpl, the i20 ensures a smooth and efficient ride, making it a popular option among car enthusiasts.
You can check out these options and more on Bajaj Mall. Bajaj Mall makes it easy and convenient for you to purchase a car online with search filters. You can narrow down your search according to parameters such as price, brand, and more.
You can book a car of your choice using our financing option. Our new car loans offer funds at competitive car loan interest rates, ensuring a smooth borrowing process. With our flexible repayment tenure, you can spread the cost of your car into small monthly instalments, making it convenient to bring your desired car home.
In conclusion, purchasing a car under Rs. 11 lakh in India is both practical and rewarding. With top brands like Hyundai and Tata offering a wide range of models to choose from, finding the perfect car for your needs has never been easier. And with the option of new car loans, you can embark on your car-buying journey with confidence, knowing that stress-free financial planning is within reach. So, why wait? Start exploring your options today and drive home your dream car hassle-free!
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.
