In Assam, road tax can add a considerable amount to your new car’s price, affecting your overall budget. Higher road tax means you’ll need to plan accordingly when budgeting for your car purchase. But what if you could finance this additional cost, including road tax, to make it more affordable?
This is where Bajaj Finserv New Car Loans can help. Our new car loans cover up to 100% of your car's on-road price, including road tax. With simple eligibility requirements and flexible repayment options, our new car loans make financing easy and convenient. The best part? You might already be pre-approved for our new car loan. Check your offer and get closer to owning your new car.
Read on to discover how road tax in Assam affects your car’s total price and how Bajaj Finserv New Car Loans can assist you in covering these expenses.
Assam road tax
Road tax in Assam is a mandatory fee that car owners need to pay in order to use public roads within the state. The tax amount depends on the car’s price, engine capacity, and other factors like its age, type, and fuel. It is collected by the state government to help maintain and upgrade the infrastructure of the state's road network. When buying a new car in Assam, it’s crucial to consider this tax as part of the total cost of your car. Understanding how road tax works in Assam helps you better plan your budget.Assam road tax calculation
So, how is road tax in Assam calculated? The tax is based on various factors, including the vehicle's weight, engine capacity, purpose of use, and more. Commercial vehicles generally pay higher taxes than personal vehicles. The car’s engine size, seating capacity, and dimensions (length and width) are important factors in the tax calculation. Larger vehicles such as SUVs and trucks are usually taxed more heavily. Additionally, vehicles with environmentally friendly features, such as electric vehicles, often receive lower tax rates.For example, if you buy a new car that costs Rs. 16 lakh, the road tax would be 5% of the car's price. This means you could end up paying around Rs. 80,000 as road tax alone.
Does this sound like a hefty sum? The road tax can be a surprise cost when buying a new car, but with Bajaj Finserv New Car Loans, you can finance the entire on-road price, including the road tax. Find out how much you can borrow and plan your new car purchase with ease. Check your new car loan eligibility in Assam and take the first step towards owning your new car.
Road tax in Assam for new cars
When purchasing a new car in Assam, road tax can be a significant part of the total cost. New cars are subject to road tax, and the tax is determined by factors like the car's engine capacity, type, and price. Smaller cars are usually taxed at a lower rate, while larger vehicles like SUVs and luxury cars may face higher taxes. Have you accounted for road tax when planning for your new car?If you are planning to buy a new car in Assam, it is essential to check the applicable road tax before finalizing the purchase. Knowing this in advance will help you plan your budget and avoid surprises. Bajaj Finserv New Car Loans can help cover the road tax along with other costs associated with your new car.
Here is the breakdown of road tax rates for new private four-wheelers in Assam:
Vehicle price range | Road tax rate |
Rs. 3 lakh – Rs. 15 lakh | 4% |
Rs. 15 lakh – Rs. 20 lakh | 5% |
Rs. 20 lakh and above | 7% |
How to pay Assam road tax online?
Paying road tax in Assam is more convenient than ever with the option to pay online. The Assam Transport Department provides an online payment platform, saving you the trouble of visiting an office. Here’s how you can do it:Visit the official Parivahan website at https://parivahan.gov.in and select ‘Assam’ as your state.
Go to the 'Online Services' section and choose 'Pay Vehicle Tax'.
Enter your vehicle registration number and any other required details.
The portal will show your vehicle’s details and any outstanding tax dues.
Complete the payment using your debit card, credit card, or net banking option.
After successful payment, you’ll receive an electronic receipt for your records.
Paying road tax online makes the entire process fast, easy, and hassle-free.
So, how will you cover the road tax cost for your new car in Assam? Road tax can significantly increase the overall price, but with Bajaj Finserv New Car Loans, you can finance the entire on-road price. Check your pre-approved offer now and make your car purchase stress-free.