The car market in India is diverse, offering a wide array of choices for buyers with varying needs and budgets. If you are considering to buy a new car under Rs. 12 lakh, there are many excellent options known for their features, reliability, and performance.
While the financial aspect of buying a car can be overwhelming, new car loans make it easier to manage the cost. In this article, we will explore some of the best cars under Rs. 12 lakh and how you can finance them with a new car loan offered by Bajaj Finance.
Here is the list of best cars under Rs. 12 lakh in India
Model name | *Ex-showroom price (Starting at) |
Maruti Suzuki Baleno | Rs. 6.66 lakh |
Hyundai i20 | Rs. 7.04 lakh |
Tata Nexon | Rs. 8 lakh |
Kia Sonet | Rs. 7.99 lakh |
Maruti Suzuki Grand Vitara | Rs. 10.99 lakh |
Hyundai Creta | Rs. 11 lakh |
*The prices mentioned are ex-showroom prices in Delhi. Prices will vary depending on the city of purchase.
Read on to learn more about these vehicles so that you can make an informed decision.
- Maruti Suzuki Baleno: The Maruti Suzuki Baleno is a premium hatchback that offers a great mix of style, performance, and features. Priced at Rs. 6.66 lakh for the base model – Baleno Sigma and goes up to Rs. 9.88 lakh for its top-tier variant. Its petrol variants deliver a mileage of up to 22.94 kmpl, while CNG variants give a mileage of 30.61 km/kg.
It also comes with features like LED projector headlamps, a 7-inch touchscreen infotainment system, and dual airbags. The Baleno is available in multiple variants, ensuring there is a model to suit different needs and preferences. - Hyundai i20: The Hyundai i20 is a well-rounded hatchback that combines style, comfort, and advanced features. Priced competitively at Rs. 7.04 lakh for its base model, it goes up to Rs. 11.21 lakh for its top-tier model – Hyundai i20 IVT Asta (O) DT. The i20 offers a mileage of up to 20 kmpl. It comes equipped with features such as a 10.25-inch touchscreen infotainment system, wireless charging, and multiple airbags. The i20 is available in various variants, each offering a unique set of features to cater to diverse customer requirements.
- Tata Nexon: The Tata Nexon is a compact SUV that stands out for its bold design, safety features, and performance. Starting at Rs. 8 lakh for its base variant, the Nexon is available in multiple variants, providing options for different budget ranges and preferences. Its petrol variants deliver a mileage of up to 17.44 kmpl, while diesel variants give a mileage of up to 24.08 kmpl. It comes with features like a 7-inch touchscreen infotainment system, dual airbags, and ABS with EBD. The Nexon is available in multiple variants, providing options for different budget ranges and preferences.
- Kia Sonet: The Kia Sonet is a compact SUV that has quickly gained popularity in India. It is priced at Rs. 7.99 lakh for the base model – Sonet HTE, this car is available in several variants, catering to different customer preferences and needs. This car comes packed with features such as a 10.25-inch touchscreen infotainment system, connected car technology, and advanced safety features.
- Maruti Suzuki Grand Vitara: The Maruti Suzuki Grand Vitara is a stylish and versatile compact SUV that has become a popular choice among Indian car buyers. Priced at Rs. 10.99 lakh for the base model – Grand Vitara Sigma, it is available in multiple variants to suit various customer preferences and requirements. The SUV comes equipped with features such as a 9-inch touchscreen infotainment system, connected car technology, and advanced safety features, ensuring both convenience and peace of mind on every drive.
- Hyundai Creta: The Hyundai Creta is a well-rounded and stylish compact SUV that continues to be a favorite choice among Indian car buyers. Priced at Rs. 11 lakh for the base model – Creta E, it is available in multiple variants to cater to diverse preferences and driving needs. The SUV comes loaded with features such as a 10.25-inch touchscreen infotainment system, connected car technology, premium interior finishes, and advanced safety features, ensuring a comfortable, connected, and secure driving experience.
Why choose Bajaj Mall for your car purchase
You can explore a wide range of these cars and more by visiting Bajaj Mall. On Bajaj Mall, we have designed user-friendly search filters to simplify your car search process. With the help of these search filters, you can easily narrow down your options by selecting criteria like brand, price, fuel type, and more. Once you have found your ideal car, booking it online is a breeze with our integrated financing solution. Bajaj Finance offers new car loans that come with simple eligibility criteria and minimal paperwork. Our new car loans offer flexible repayment tenure options, allowing you to spread the cost of your purchase according to your financial situation. With an easy application process and competitive car loan interest rates, borrowing is convenient and cost-effective. Our quick approval facility ensures that you can finance the purchase of your desired car without unnecessary delays.
Purchasing a new car under Rs. 12 lakh is straightforward with plenty of options available. Financing your purchase becomes convenient with options like new car loans. These loans provide quick access to funds and allow you to spread the cost of your car over an extended period. By opting for a new car loan, you can manage your finances more easily without depleting your savings.
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.