Best SUVs under Rs. 10 lakh

Find out about SUV cars under Rs. 10 lakh in our comprehensive guide.
Best SUVs under Rs. 10 lakh
3 min
13-March-2024

If you are looking for affordable SUVs in India, there are plenty of options available under Rs. 10 lakh. With spacious seating arrangements and advanced features, you can find modern and cost-effective cars for both city and off-road driving. However, car purchase often requires financial planning. This is where car loans come into play, allowing you to convert the cost of your car into small monthly instalments.

Bajaj Finance simplify your borrowing by offering high-value new car loans. When you opt for our new car loan you can get up to 100% financing of the car's on-road price. However, the loan amount depends on your eligibility.

Read our handy guide to know more about the affordable SUVs under 10 lakh. You can also explore how a Bajaj Finserv New Car Loan can help in funding your car purchase.

Here is a list of the best SUVs under Rs. 10 lakh in India

In the budget-segment of Rs. 10 lakh, you will find a host of SUV options. In the Indian market, several SUVs under Rs. 10 lakh stand out for their blend of affordability, features, and performance. These SUVs come with well-equipped safety features and provides a comfortable ride both on and off the road. So, buckle up and take a ride through our top picks

Model name

*Ex-showroom price (starting at)

Tata Punch

Rs. 6.13 lakh

Kia Sonet

Rs. 7.99 lakh

Mahindra XUV 300

Rs. 7.99 lakh

Tata Nexon

Rs. 8.15 lakh

Maruti Suzuki Ertiga

Rs. 8.69 lakh

Mahindra Bolero

Rs. 9.90 lakh


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

Tata Punch:

The Tata Punch is a dynamic, budget-friendly compact SUV with models catering to diverse preferences and needs. Both petrol and CNG variants are available with manual and automatic transmission options, making it versatile and affordable. On top of that, the petrol variant has an incredible ARAI claimed mileage of up to 20.09 kmpl, making it a fuel-efficient choice. With an ex-showroom price that ranges from Rs. 6.13 lakh to Rs. 10.20 lakh, the Tata Punch is a fantastic value for those on a budget.

Kia Sonet:

If you are looking for an SUV under Rs. 10 lakh that does not skimp on features, the Kia Sonet is worth considering. With two engine variants and a range of features, this car was designed with usability in mind. The car comes with advanced features for better safety and navigation. These include a 26.03 cm HD touchscreen navigation and the ADAS Level 1 safety features. The vehicle has a mileage of 18.2 kmpl for the petrol variant and 19 kmpl for the diesel variant.

Mahindra XUV300:

Looking for an SUV that can handle everyday driving and weekend getaways?The Mahindra XUV300 W2 and W4 petrol variants are designed for just that. With a seating capacity of five, it is perfect for families. The all 4 disk brakes ensure safety on the road, and the power windows let you adjust the airflow inside the car to your liking. And if you want to add a touch of luxury to your ride, the W4 variant comes with an electric sunroof. The claimed ARAI mileage of the Mahindra XUV300 SUV is 18.24 kmpl. So, whether you are running errands or going on a road trip, the XUV300 has got you covered.

Tata Nexon

The Tata Nexon is a compact SUV that has gained significant popularity in the Indian market due to its striking design, robust performance, and advanced features. Launched by Tata Motors, the Nexon combines style and practicality, making it an appealing choice for urban drivers. Its bold exterior showcases a unique front grille, sleek LED headlights, and a dynamic silhouette, while the spacious interior is equipped with comfortable seating and modern technology, including a touchscreen infotainment system and smartphone connectivity.

Under the hood, the Nexon offers both petrol and diesel engine options, ensuring efficient performance and impressive fuel economy. Safety is a key focus, with features like airbags, ABS with EBD, and a sturdy body structure, earning it a 5-star rating in Global NCAP crash tests. With its blend of aesthetics, performance, and safety, the Tata Nexon stands out as a versatile and reliable vehicle for both city driving and longer journeys.

Maruti Suzuki Ertiga

The Maruti Suzuki Ertiga is a versatile MPV that blends practicality with style, making it a popular choice for families and urban commuters alike. It offers a spacious interior that comfortably seats seven, with ample legroom and storage options. Its contemporary design features a sleek front grille, stylish headlights, and a streamlined body, providing a modern look.

This car is equipped with advanced features, including a touchscreen infotainment system, smartphone connectivity, and safety features like airbags and ABS with EBD. Known for its reliability and low maintenance costs, the Maruti Suzuki Ertiga is an excellent choice for those seeking a practical, family-friendly vehicle that doesn't compromise on style or comfort.

Mahindra Bolero

The Mahindra Bolero is a rugged and versatile SUV that has established itself as a favorite among off-road enthusiasts and rural buyers in India. The Bolero is known for its robust build and reliable performance, making it ideal for tough terrains and adverse conditions. Its muscular design features a prominent front grille, bold headlights, and a commanding stance, exuding strength, and durability.

The spacious interior offers comfortable seating for up to seven passengers, along with ample storage space, making it perfect for family outings. With its blend of ruggedness, reliability, and practicality, the Mahindra Bolero remains a trusted choice for both urban and rural drivers alike.

Head to Bajaj Mall to check out the most recent models of these cars. Furthermore, make use of our easy financing solutions for a convenient buying journey.

Are you thinking of buying a new car but struggling with the financial aspect of it? Our new car loan has got your back. With our affordable financing solutions, you can bring home your desired vehicle today while staying within your budget. Our high-value loan options come with convenient repayment plans and competitive car loan interest rates. So, whether you are looking for a hatchback or an SUV, we are here to help make your purchase possible.

Take the first step towards owning your new car and learn more about our new car loan today.

Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Frequently asked questions

Which SUV is best for low-budget?

The Tata Punch, Kia Sonet, and Mahindra XUV300 are a few budget-friendly SUVs that you can explore. Here are their starting ex-showroom prices:

  • Tata Punch: Rs. 6.13 lakh
  • Kia Sonet: Rs. 7.99 lakh
  • Mahindra XUV300: Rs. 7.99 lakh

Check out these cars and more on Bajaj Mall

What are the factors that affect new car loan eligibility?

Several factors determine your eligibility for a new car loan, including your credit score, income, employment history, debt-to-income ratio, and the value of the vehicle you intend to buy.

Read more about car loan eligibility

Which is the best SUV car under Rs. 10 lakh?

There are multiple options available under Rs. 10 lakh. You can choose the one that suits your requirements and the budget the most. Some of the options are Tata Punch, Mahindra XUV300, Tata Nexon and more.

Which are the latest SUV cars under Rs. 10 lakh in India?

Some of the latest SUVs available under Rs. 10 lakh is Hyundai Exter, Venue, Tata Nexon and more.

Show More Show Less