In Himachal Pradesh, road tax can add a considerable amount to your car's final price, making it essential to factor it into your financial planning. The road tax in this region is calculated based on several factors, such as the car’s price, engine size, fuel type, and intended use. Therefore, before finalising your car purchase, it’s important to consider the road tax, which could affect your overall budget.
This is where a car loan can help you manage the cost effectively. Bajaj Finserv New Car Loans provide the option to finance up to 100% of your car’s on-road price, which includes road tax. You might also be eligible for a pre-approved loan offer that speeds up the process. Check your offer now and take the first step toward owning your dream car.
Keep reading to learn more about how road tax in Himachal Pradesh impacts your car price and how our new car loans can assist you in covering these expenses.
Himachal Pradesh road tax
Road tax in Himachal Pradesh is a mandatory fee that vehicle owners must pay to legally use the public roads within the state. This tax plays an essential role in funding the development and maintenance of the state’s road network. The amount of road tax in Himachal Pradesh is determined by various factors such as the vehicle's type, engine capacity, and cost, with specific rates for different categories of vehicles.When buying a new vehicle in Himachal Pradesh, it’s important to account for road tax in your overall budget in addition to the vehicle’s ex-showroom price. The tax amount can vary depending on whether the vehicle uses petrol, diesel, or an alternative fuel like CNG. Being aware of how road tax is calculated will help you make better financial choices when purchasing a vehicle in Himachal Pradesh.
Himachal Pradesh road tax calculation
How is road tax calculated in Himachal Pradesh? The road tax in Himachal Pradesh is determined based on a variety of factors including the vehicle's weight, engine capacity, age, and the type of fuel it uses. Heavier vehicles generally attract higher road tax rates, while older vehicles may incur different tax amounts due to their emission levels and environmental impact. The intended use of the vehicle—whether personal or commercial—also plays a role, with commercial vehicles typically facing higher tax rates compared to personal ones.Other factors such as the car’s seating capacity, engine size, and overall dimensions (length and width) also influence the calculation. Larger vehicles, such as SUVs, trucks, and other big cars, tend to have higher road tax compared to smaller ones. Additionally, vehicles powered by eco-friendly or low-emission fuel sources usually benefit from reduced tax rates.
For example, if you purchase a car priced at ₹15 lakh with an engine capacity of 1,500 cc, and the applicable road tax rate is 6-7%, you might expect the road tax to range from Rs. 90,000 to ₹1,05,000. This means that the road tax could be anywhere from Rs. 90,000 to Rs. 1,05,000 based on the vehicle’s price and engine specifications.
Road tax can be an unexpected additional expense when purchasing a new car. But what if you could make the whole process easier by financing not just the vehicle but also the road tax? With Bajaj Finserv New Car Loans, you can finance the entire cost of your car. Want to find out how much you can borrow? Check your new car loan eligibility with just a few clicks and get closer to owning your new car in Himachal Pradesh.
Road tax in Himachal Pradesh for new cars
When purchasing a new car in Himachal Pradesh, it’s essential to factor in the applicable road tax based on the car’s price, engine size, and fuel type. Road tax is a significant element in determining the overall cost of your new car. Here’s a breakdown of the road tax applicable for various vehicle price ranges in Himachal Pradesh:Value of the personal car or motor cab | Tax rate |
Up to Rs. 15 lakhs | 6% of the price of the vehicle |
Over Rs. 15 lakhs | 7% of the price of the vehicle |
As the price of the vehicle increases, so does the road tax. It’s important to keep this in mind when budgeting for your car purchase in Himachal Pradesh.
How to pay road tax in Himachal Pradesh online?
Paying road tax in Himachal Pradesh is easy with the online payment system. Here’s how to do it:- 1. Visit the official e-Vahan website at https://parivahan.gov.in/.
- 2. Go to the ‘Online Services’ section and select ‘Vehicle Related Services.’
- 3. Choose Himachal Pradesh and enter your vehicle registration number.
- 4. The portal will display your vehicle’s details and any outstanding tax dues.
- 5. Select your preferred payment method (debit card, credit card, or net banking).
- 6. Complete the payment and receive an electronic receipt for your records.
The road tax in Himachal Pradesh can impact the final price of your car, but with Bajaj Finserv New Car Loans, you can finance up to 100% of your car’s on-road price, including the road tax. This allows you to manage all expenses easily, without worrying about upfront costs. Check your pre-approved offer today and start planning for your new car.
Ready to buy your new car? Look into the road tax in your region and explore our new car loan options for financial support.