For instance, road tax in Haryana can add a considerable amount to the price of your car, depending on its price bracket. The higher the road tax, the more you will need to account for in your car purchase. But what if there was a way to manage this cost more effectively?
This is where Bajaj Finserv New Car Loans come in. Our new car loans can cover up to 100% of your new car’s on-road price, which includes road tax. Plus, you might already be pre-approved for a loan. Check your offer and get one step closer to owning your new car.
Read on to understand how Haryana's road tax impacts the price of your car and how our new car loans can help you manage these expenses.
Haryana road tax
Road tax in Haryana is a mandatory fee that vehicle owners must pay for using public roads. This fee contributes to maintaining and upgrading the state’s road infrastructure. In Haryana, road tax is calculated based on the vehicle’s ex-showroom price, engine capacity, and fuel type, among other factors. This tax is collected by the state government, and it can be a significant addition to the overall cost of purchasing a car.If you are buying a new car in Haryana, it’s important to understand how road tax works in the state. This will help you budget better and avoid unexpected costs.
Haryana road tax calculation
In Haryana, the calculation of road tax depends on several factors, such as the vehicle’s weight, age, engine capacity, fuel type, and its intended use. Heavier vehicles are typically subject to higher road taxes, while older vehicles may have different rates due to their emissions and environmental impact. Additionally, commercial vehicles generally face higher tax rates compared to those used for personal purposes.Other elements like the vehicle’s seating capacity, engine size, and dimensions (length and width) also play a role in determining the tax amount. Larger vehicles, such as SUVs and trucks, usually incur higher taxes. The fuel type is another crucial consideration, with vehicles that use cleaner or non-polluting fuels often benefiting from reduced tax rates.
For instance, if you buy a new car with a 1,000 cc engine priced at Rs. 8 lakh, the road tax in Haryana could range from 6% to 10% of the car's value, resulting in a road tax of approximately Rs. 64,000 to Rs. 80,000.
Although this may seem like a significant amount, you can consider financing the entire cost of your car, including the road tax, through a car loan. A Bajaj Finserv New Car Loan can help cover these additional expenses. Check your new car loan eligibility with just a few clicks, and get closer to purchasing your new car in Haryana.
Road tax in Haryana for new cars
When buying a new car in Haryana, road tax can be a significant addition to the overall cost of your vehicle. The tax rates are calculated based on the ex-showroom price of the vehicle. Here's a breakdown of road tax in Haryana:Cost of vehicle | Road tax |
Up to Rs. 6 lakh | 5% |
Rs. 6 to 20 lakh | 8% |
Above Rs. 20 lakh | 10% |
The road tax rate increases as the price of the car goes up, so it’s important to account for this extra cost when planning your car purchase.
How to pay road Tax in Haryana online?
Paying road tax in Haryana has been made simple with online payment facilities. Here’s a step-by-step guide to paying your road tax online in Haryana:Visit the official e-Vahan website at https://haryanatransport.gov.in.
Navigate to the 'Online Services' section.
Select the option for ‘Pay Vehicle Tax’.
Enter your vehicle registration number and other necessary details.
The portal will display your vehicle’s road tax details and any outstanding dues.
Proceed with payment using debit card, credit card, or net banking.
After successful payment, an electronic receipt will be generated for your records.
Road tax is an important factor that adds to the overall cost of your new car in Haryana. It’s essential to consider road tax as part of your car-buying budget. Fortunately, Bajaj Finserv New Car Loans can help you finance up to 100% of your new car's on-road price. With easy eligibility, low-interest rates, and flexible repayment options, financing your car is now simpler than ever. Check your pre-approved offer now and choose the car as per your needs.
Ready to take the next step? Check your pre-approved offer today and explore the various car loan options available through Bajaj Finance. Let us help you make your dream car a reality!