Ladakh road tax

When you are planning to buy a new car, several factors come into play—ex-showroom price, car features, and road tax. Road tax is an essential component of the total cost you pay to the government, and while car prices may vary, road tax differs across states and union territories. In Ladakh, the road tax can be a crucial consideration in your overall car-buying budget.

For example, road tax in Ladakh can significantly affect the total price of your new car, depending on the vehicle's price range. The higher the road tax, the more you will need to plan for your car purchase. But what if there was a way to make this cost more manageable?

This is where Bajaj Finserv New Car Loans can offer you a solution. Our new car loans can cover up to 100% of your new car’s on-road price, including road tax. Plus, you could already be pre-approved for a loan! Check your offer and drive home your new car.

Read on to learn more about how road tax in Ladakh impacts your car’s total price and how our new car loans can help cover these expenses.

Ladakh road tax

Road tax in Ladakh is a mandatory fee that vehicle owners must pay to use public roads in the region. The collected tax helps the local government maintain and improve road infrastructure. In Ladakh, the calculation of road tax depends on various factors, including the vehicle’s ex-showroom price, engine capacity, and fuel type, among others. Road tax can significantly add to the cost of purchasing a new vehicle, so it is essential to account for it when budgeting for your new car.

If you are buying a new car in Ladakh, it’s crucial to understand how the road tax works in the region. This knowledge will help you better plan your finances and avoid surprises.

Ladakh road tax calculation

In Ladakh, road tax is calculated based on a variety of factors, including the vehicle's weight, age, engine capacity, and its purpose of use. Heavier vehicles are generally taxed at higher rates, while older vehicles may be subject to different tax rates due to their environmental impact and emissions. Commercial vehicles also tend to incur higher road taxes compared to those used for personal purposes.

Additional factors such as the vehicle's seating capacity, engine size, and overall dimensions (length and width) are also taken into account when calculating the road tax. Larger vehicles like SUVs and trucks are typically charged more. The type of fuel used by the vehicle is another important consideration, with eco-friendly vehicles often benefiting from lower tax rates.

For example, if you purchase a new car with an engine capacity of 1,000 cc priced at Rs. 8 lakh, the road tax in Ladakh could range from 8% to 10% of the car's price, meaning you might need to pay between Rs. 64,000 and Rs. 80,000 as road tax.

While this might seem like a substantial expense, it’s possible to finance both the vehicle and the road tax through a car loan. With a Bajaj Finserv New Car Loan, you can easily cover these additional costs. Check your new car loan eligibility with a few simple steps and move closer to owning your new car in Ladakh.

Road tax in Ladakh for new cars

When purchasing a new car in Ladakh, road tax can be a significant factor in determining the final price. The tax rate in Ladakh is calculated based on the vehicle’s ex-showroom price. Below is the breakdown of road tax in Ladakh:

Cost of the vehicle	Tax applicable (one-time tax excluding GST)
Motor vehicles with cost up to Rs. 10 lakh	6%
Motor vehicles with cost more than Rs. 10 lakh	9%

As the price of the car increases, so does the road tax, meaning that the tax burden is more significant for expensive cars. Make sure to factor in these additional costs when planning your budget.

How to pay road tax in Ladakh online?

Paying road tax in Ladakh has been made easier with the availability of online payment options. Here’s a simple step-by-step guide to pay your road tax online in Ladakh:

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 payment process makes paying your road tax simple and hassle-free, saving you time and effort.

Are you concerned about how to manage the road tax for your new car? Bajaj Finserv New Car Loans can help you cover up to 100% of your new car’s on-road price, including road tax. This means you can finance the entire cost of your new car without worrying about upfront payments for road tax and other associated charges. Check your pre-approved offer now and choose the car as per your budget and needs.

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