Best SUVs under Rs. 12 lakh in India

Read our handy guide to explore SUV cars under Rs. 12 lakh and learn how a new car loan from Bajaj Finance can help fund your car purchase.
Best SUVs under Rs. 12 lakh in India
3 min
24 May-2024

When it comes to choosing an SUV in India, buyers often seek a perfect blend of style, performance, and affordability. The market is brimming with options, especially for those looking to buy an SUV under Rs. 12 lakh. In this competitive price range, manufacturers offer a variety of features that cater to diverse needs, including robust engines, spacious interiors, advanced safety measures, and modern technology. These SUVs are designed to deliver excellent value for money, providing comfort and convenience for city driving while also offering the capability for off-road adventures.

Additionally, SUVs under Rs. 12 lakh have become increasingly popular due to their versatile nature and the enhanced driving experience they offer. With the growing demand for compact and mid-sized SUVs, carmakers have focused on delivering vehicles that combine the practicality of a hatchback with the rugged appeal of a traditional SUV. This article delves into the best SUV cars under Rs. 12 lakh in India, highlighting the top models that stand out for their performance, features, and overall value and how a new car loan from Bajaj Finance can help fund your car purchase.

Here is the list of best SUVs under Rs. 12 lakh in India

Model name

*Ex-showroom price (starting at)

Tata Nexon

Rs. 7.99 lakh

Hyundai Venue

Rs. 7.94 lakh

Kia Sonet

Rs. 7.99 lakh

Kia Seltos

Rs. 10.90  lakh

Toyota Urban Cruiser Hyryder

Rs. 11.14 lakh

Mahindra Thar

Rs. 11.35 lakh


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

Whether you are a first-time buyer or looking to upgrade your current vehicle, this comprehensive guide will help you make an informed decision by showcasing the most compelling options available in the market. In this guide, we will also explore how our new car loans help in financing your car purchase. Read on to learn more about these cars so that you can make an informed choice.

  • Tata Nexon: The Tata Nexon is a popular compact SUV known for its bold design, safety features, and strong performance. Priced competitively at Rs. 7.99 lakh for its base model – Tata Nexon Pure 1.2, the Nexon is an excellent choice for those looking for an affordable SUV. Its petrol version delivers a mileage of around 17.44 kmpl while the diesel version gives a mileage of up to 24.08 kmpl. It comes with features like a 7-inch touchscreen infotainment system, dual airbags, ABS with EBD, and more. The Nexon is available in multiple variants, providing options for different budget ranges and preferences.
  • Hyundai Venue: The Hyundai Venue is another top contender in the compact SUV segment. Its base model – Hyundai Venue E is priced at Rs. 7.94 lakh and is available in various variants, each offering a unique set of features to cater to diverse customer requirements. It comes equipped with an 8-inch touchscreen infotainment system, wireless charging, and advanced safety features like six airbags and electronic stability control. The venue delivers an impressive mileage of 24.2 kmpl.
  • Kia Sonet: The Kia Sonet is a compact SUV that has quickly gained popularity in India. Priced competitively at Rs. 7.99 lakh for its base model – Sonet HTE, it goes up to Rs. 15.75 lakh for its top-tier variant. The Sonet offers a mileage range of 18 kmpl to 24.1 kmpl and comes packed with features such as a 10.25-inch touchscreen infotainment system, connected car technology, and advanced safety features. The Sonet is available in several variants, catering to different customer preferences and needs.

Kia Seltos

The Kia Seltos is one of the most popular mid-size SUVs in India, known for its stylish design, advanced technology, and comfort. Priced competitively at Rs. 10.90 lakh (approx.) for its base variant, the Seltos offers excellent value for money. It comes with a spacious cabin, offering both comfort and utility for family drives. The SUV is equipped with features like a large touchscreen infotainment system, Apple CarPlay and Android Auto connectivity, dual airbags, ABS with EBD, and more. The Kia Seltos is powered by efficient petrol and diesel engine options, delivering strong performance and impressive mileage. With multiple variants and customisation options, it provides flexibility to suit varying preferences and budgets. It combines aesthetics, features, and functionality, making it an ideal choice for urban and rural driving experiences.

Toyota Urban Cruiser Hyryder

The Toyota Hyryder is a well-crafted hybrid SUV known for its fuel efficiency, modern features, and reliable performance. With its base variant priced at Rs. 11.14 lakh (approx.), the Hyryder offers excellent value for budget-conscious buyers. The spacious cabin offers comfort with features like a touchscreen infotainment system, wireless Apple CarPlay, dual airbags, ABS with EBD, and advanced connectivity options. The Toyota Hyryder is powered by a 1.5L petrol-hybrid powertrain, offering strong performance and impressive fuel economy of up to 27.97 kmpl. Designed with a bold and elegant look, the Hyryder seamlessly combines style, functionality, and practicality. With advanced safety tech and versatile features, it is ideal for both city and highway driving.

Mahindra Thar

The Mahindra Thar is a rugged and iconic off-road SUV that combines style, performance, and 4x4 capabilities. Priced at Rs. 11.35 lakh (approx.) for its base variant, the Thar offers great versatility for adventure enthusiasts. Designed with a strong, muscular look, the Thar stands out with its off-road capabilities, including features like 4WD, advanced suspension, and all-terrain tires. Its spacious and comfortable cabin offers modern features such as a touchscreen infotainment system, dual airbags, ABS with EBD, and more. Available in both petrol and diesel variants, the Mahindra Thar offers great engine performance while maintaining excellent off-road handling. Perfect for adventure and exploration, this SUV is a blend of power, style, and advanced features. It is an excellent choice for off-road enthusiasts and daily drivers alike.

Why choose Bajaj Mall for your car purchase

Discover a wide range of cars by visiting Bajaj Mall, where we have made the car search process easier than ever with our intuitive search filters. You can effortlessly narrow down your options by selecting criteria such as brand, price, fuel type, and more. Once you find your ideal car, booking it online is simple with our integrated financing solutions. Our new car loans come with flexible repayment options, enabling you to spread the cost of your purchase according to your financial situation. With a straightforward application process and competitive car loan interest rates, borrowing is both convenient and cost-effective. Additionally, our quick approval facility ensures you can finance your desired car promptly, without unnecessary delays.

Buying an SUV under Rs. 12 lakh in India is achievable with careful planning and budgeting. The availability of new car loans makes the process even more manageable by providing quick funds and flexible repayment options. Whether you are looking for a compact SUV or a mid-sized one, there are plenty of excellent choices available. Bajaj Finserv New Car Finance provides you with financial assistance that takes the stress out of purchasing your dream SUV.

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.

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Frequently asked questions about SUV cars under Rs. 12 lakh

Which are the best SUV cars under Rs. 12 lakh?
Some of the best SUV cars under Rs. 12 lakh in India include the Tata Nexon, Hyundai Venue, and Kia Sonet. These models are known for their robust performance, advanced features, and high safety ratings.
Which are the popular SUV cars under Rs. 12 lakh?
Popular SUV cars under Rs. 12 lakh in India include the Maruti Suzuki Brezza, Hyundai Venue, and Tata Nexon. These SUVs are widely appreciated for their stylish designs, reliability, and excellent value for money.
Which is the most fuel-efficient SUV car under Rs. 12 lakh in India?
The Hyundai Venue is one of the most fuel-efficient SUVs under Rs. 12 lakh. Its efficient engine and lightweight design make it a great choice for fuel-conscious buyers.
Which is the low-priced SUV car under Rs. 12 lakh in India?
Some of the low-priced SUV cars under Rs. 12 lakh in India include the Renault Kiger, Nissan Magnite and more. These SUVs are budget-friendly and offer basic features suitable for city driving.
Which is the most expensive SUV car under Rs. 12 lakh in India?
Some of the expensive SUV cars under Rs. 12 lakh in India are typically the top variants of models like the Tata Nexon, Hyundai Venue, and Kia Sonet. These versions come with premium features such as advanced infotainment systems, enhanced safety features, and superior comfort.
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