Best cars under Rs. 20 lakh

Check out our comprehensive guide on cars under Rs. 20 lakh.
Best cars under Rs. 20 lakh
3 min
13-March-2024

In India, the market offers an extensive range of cars under Rs. 20 lakh. This category caters to buyers looking for luxury cars. These can be sedans or feature-rich SUVs. You can choose from a base model of a high-end car or explore the high-end models of cars that start from around Rs. 10 lakh.

Additionally, if financial constraints are holding you back from getting your preferred car, a car loan can be a solution. Get up to 100% financing of the car’s on-road price.The loan amount depends on your eligibility. But the new car loan gives you the chance to bring home the car of your choice.

Here is the list of some of the best cars under Rs. 20 lakh:

Model name

*Ex showroom price (starting at)

Kia Carens

Rs. 10.77 lakh

Mahindra XUV700

Rs. 13.99 lakh

MG Hector Plus

Rs. 13.98 lakh

Tata Harrier

Rs. 15.49 lakh


*Ex-showroom price in Delhi. Prices will vary depending on the city of purchase.

Kia Carens

For those seeking advanced features in a car under Rs. 20 lakh, the Kia Carens is here to save the day. It features standard 6 airbags, all-wheel disc brakes, and iMT - intelligent manual transmission. The advanced audio system with the Bose premium sound system and 8 speakers deliver uninterrupted access to your favourite music.

The engine options include the Advanced Smartstream 1.5l T-GDi petrol engine, Advanced Smartstream 1.5l petrol engine, or the refined 1.5L CRDi VGT diesel engine.The Kia Carens offers a plethora of variants to choose from, including Premium, Prestige, Luxury, and X-Line. The Kia Carens provides a claimed mileage of 17.9 kmpl to 21 kmpl.

Mahindra XUV700

The Mahindra XUV700 is a good car option if you have a budget of under Rs. 20 lakh. Along with Turbo Petrol with Direct Injection (TGDi) and Turbo Diesel with CRDi engines connected with 6 manual or automatic transmissions, all variants offer amazing power and fuel efficiency for any journey. The car has a fuel capacity of 60 litres, ensuring no stops are necessary during long drives.

The mileage ranges from 13 kmpl for the automatic petrol variant to 17 kmpl for the manual diesel variant.Starting at just Rs. 13.99 lakh base model MX Petrol, the Mahindra XUV700 is a fantastic vehicle for anyone looking for unmatched comfort and value.

MG Hector Plus

The Hector Plus cars have a mileage range of 12.34 kmpl to 15.58 kmpl. Available in several variants like Style, Sharp Pro MT, Shine Pro, Select Pro, and Smart Pro, the Hector Plus offers a range of options for every buyer. The car's exterior features a stunningly bold design, combined with highly advanced features that make it stand out from the competition. Step inside the Hector Plus, and you will experience cutting-edge technology like an Automatic Powered Tailgate and 360 Around View Camera System. These features add comfort and convenience to your journey.

Tata Harrier

The Tata Harrier, a flagship SUV by Tata Motors, epitomizes sophistication and power. Its striking design merges contemporary aesthetics with robust engineering, boasting a sleek profile adorned with sleek lines and bold accents. Underneath its stylish facade lies a potent engine, delivering formidable performance both on and off the road. The spacious and luxurious interior is crafted with precision, offering unparalleled comfort and advanced technology at your fingertips. This SUV also gives an impressive mileage of 16.8 kmpl.

Get an up-close look at the latest models of these cars and more on Bajaj Mall. Additionally, make the most out of our hassle-free financing solution to ensure a comfortable buying experience.

A new car can change the way you drive, but financing it can be a huge burden. We make it easy for you to buy your preferred car with our Bajaj Finserv New Car Loan. We offer affordable financing options that can meet your specific requirements, including high-value loans and convenient repayment plans. Additionally, with competitive car loan interest rates, you will not have to think twice about the financing aspect of your purchase. So, what are you waiting for?

Learn more about our new car loans and make your much-awaited purchase today.

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Frequently asked questions

Which is the best car under Rs. 20 lakh?

Some of the best cars under Rs. 20 lakh are Kia Carens, Mahindra XUV700, Honda City, and more. All top brands come with the latest technology and the best safety features. You will have to compare the features of the cars to find the one that is best for your needs.

Check out these cars and more on Bajaj Mall

Which are the electric cars available under Rs. 20 lakh?

The Mahindra XUV400, Tata Nexon EV, and Tata Tiago EV are some of the notable electric cars under Rs. 20 lakh.

Which is the low-priced car under Rs. 20 lakh?

Starting at Rs. 10.77 lakh, Kia Carens is one of the low-priced cars under Rs. 20 lakh.