For instance, in Delhi, road tax plays a crucial role in the final cost of your new vehicle. The higher the road tax, the more you'll need to account for it in your budget when making your purchase. But what if you could manage this cost and make it more manageable?
This is where Bajaj Finserv New Car Loans come in. Our new car loans cover up to 100% of your new car's on-road price, including the road tax. Plus, you may already be pre-approved for one of our car loans. Check your offer and take the first step towards owning your new car.
Keep reading to find out more about how road tax in Delhi affects your car price and how our new car loans can help you cover these costs.
Delhi road tax
Road tax in Delhi is a mandatory fee that car owners must pay to use public roads. This tax is essential for maintaining and improving the state's road infrastructure. Road tax is calculated based on the car’s cost, engine capacity, and type, and it varies from state to state. In Delhi, the road tax can add a considerable amount to the overall price of your vehicle, depending on its specifications.When purchasing a new car in Delhi, it is important to factor in the road tax along with the ex-showroom price. The road tax varies depending on whether the car is petrol, diesel, or CNG powered. Understanding how road tax works can help you make better financial decisions when buying a car in Delhi.
Delhi road tax calculation
So, how is the road tax in Delhi calculated? In Delhi, road tax is determined by a variety of factors, such as the weight, engine capacity, and age of the vehicle. Generally, heavier vehicles attract higher tax rates, while older vehicles may face different rates due to environmental considerations and emissions levels. The purpose of the vehicle, whether it’s for personal or commercial use, also impacts the tax, with commercial vehicles often having higher taxes.In addition, factors such as seating capacity, engine size, and the vehicle’s dimensions (length and width) all contribute to the calculation. Larger vehicles like SUVs, trucks, and other big cars tend to incur higher road taxes compared to smaller vehicles. Another significant factor is the fuel type, with eco-friendly, non-polluting vehicles benefiting from lower tax rates.
If you buy a new car with a 1000 cc engine capacity and the car costs Rs. 7 lakh, the road tax could be approximately 5-7% of the vehicle’s price. This would mean the road tax could range from Rs. 35,000 to Rs. 49,000.
Does this seem like a significant additional cost? Road tax can sometimes catch car buyers by surprise. But what if you could make the entire process easier by financing the road tax along with the rest of your car’s expenses? With a Bajaj Finserv New Car Loan, you can finance the entire cost of your car, including road tax. Curious about how much you could borrow? With just a few clicks, you can check your new car loan eligibility a new car loan and take a step closer to owning your new car in Delhi.
Road tax in Delhi for new cars
When buying a new car in Delhi, it’s essential to be aware of the road tax amount that will be applicable based on the car’s price, engine capacity, and fuel type. Road tax plays a significant role in determining the overall cost of a new car. Here's a breakdown of road tax for various vehicle types:Cost of Vehicle | Road Tax |
Up to Rs. 6 Lakh | Petrol Cars - 4%, Diesel Cars - 5% |
Rs. 6 to 10 Lakh | Petrol Cars - 7%, Diesel Cars - 8.75% |
Above Rs. 10 Lakh | Petrol Cars - 10%, Diesel Cars - 12.5% |
As the price of the car increases, so does the road tax. It is essential to keep this in mind while budgeting for your new car purchase in Delhi.
How to pay Delhi road tax online?
Paying your road tax in Delhi has become more convenient with online services. Here’s how you can pay your road tax online in Delhi:Visit the official e-Vahan website at https://parivahan.gov.in/ and enter your vehicle details.
Navigate to the 'Online Services' section and select ‘Pay Vehicle Tax’.
Enter your vehicle registration number and other required details.
The portal will display your vehicle’s information and any outstanding tax dues.
Proceed with payment using a debit card, credit card, or net banking option.
After successful payment, you will receive an electronic receipt for your records.
This online service makes paying your road tax in Delhi much simpler and saves you the trouble of going to the transport office.
Road tax in Delhi is an important factor that adds to the overall cost of your new car. It is crucial to account for this tax while budgeting for your car purchase. However, the good news is that Bajaj Finserv New Car Loans can help you finance your car purchase, including the road tax. With flexible repayment plans and competitive interest rates, you can get closer to owning your dream car.
Ready to make your car purchase? Check your pre-approved offer today and finance your new car, including road tax, through Bajaj Finserv New Car Loans.