Tamil Nadu road tax

When considering the purchase of a new car, there are several factors to take into account. You may focus on the car's features, the ex-showroom price, or perhaps the road tax. Road tax is a crucial component of the total price you pay for your vehicle, which is collected by the government. While car prices can vary significantly, the road tax also differs from one state to another and can greatly influence your overall budget for purchasing a new car.

For example, in Tamil Nadu, road tax plays a key role in the final cost of your new vehicle. The higher the road tax, the more you will need to account for it when planning your budget for the purchase. But what if you could manage this cost and make it more affordable?

This is where Bajaj Finserv New Car Loans come into play. Our new car loans cover up to 100% of your new car’s on-road price, including the road tax. Moreover, you might 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 learn more about how road tax in Tamil Nadu affects your car price and how our new car loans can help you manage these costs.

Tamil Nadu road tax

Road tax in Tamil Nadu is a mandatory fee that vehicle owners must pay to use public roads. This tax is vital for maintaining and enhancing the state's road infrastructure. Road tax is calculated based on factors such as the cost of the car, its engine capacity, and the type of vehicle, and it varies from state to state. In Tamil Nadu, the road tax can add a significant amount to the overall price of your vehicle, depending on its specific details.

When purchasing a new car in Tamil Nadu, it is important to include the road tax along with the ex-showroom price. The road tax varies depending on whether the vehicle is powered by petrol, diesel, or CNG. Understanding how road tax works can help you make better financial decisions when buying a car in Tamil Nadu.

Tamil Nadu road tax calculation

So, how is the road tax in Tamil Nadu calculated? In this state, road tax is determined by various factors such as the weight, engine capacity, and age of the vehicle. Generally, heavier vehicles attract higher tax rates, while older vehicles may be taxed differently due to environmental concerns and emissions standards. The intended use of the vehicle, whether for personal or commercial purposes, also affects the tax, with commercial vehicles generally facing higher taxes.

In addition, factors such as seating capacity, engine size, and the vehicle’s dimensions (length and width) are considered in the calculation. Larger vehicles like SUVs, trucks, and other heavy cars tend to incur higher road taxes compared to smaller vehicles. Another important factor is the fuel type, with eco-friendly, non-polluting vehicles benefiting from lower tax rates.

For instance, if you purchase a new car priced at Rs. 10 lakh and the road tax is approximately 13-18% of the vehicle’s cost, the road tax could range from Rs. 1,30,000 to Rs. 1,80,000.

Is the road tax adding up to your car expenses? Make it easy by financing it along with your car's cost through a Bajaj Finserv New Car Loan. Just a few clicks to check your loan eligibility, and you’ll be on your way to driving your new car.

Road tax in Tamil Nadu for new cars

When purchasing a new car in Tamil Nadu, it is crucial to be aware of the road tax that will apply based on the car's price, engine capacity, and fuel type. Road tax plays a significant role in determining the overall cost of the vehicle. Here’s a breakdown of road tax for different vehicle categories:

Ex-showroom price	Rate of tax (on ex-showroom price)
Up to Rs. 5 lakh	12%
Above Rs. 5 lakh and up to Rs. 10 lakh	13%
From Rs. 10 lakh to Rs. 20 lakh	18%
Above Rs. 20 lakh	20%

As the price of the car increases, so does the road tax. It’s important to consider this when budgeting for your new car purchase in Tamil Nadu.

How to pay Tamil Nadu road tax online?

Paying your road tax in Tamil Nadu has become easier thanks to online services. Here’s how you can pay your road tax online in Tamil Nadu:

1. Visit the official e-Vahan website at https://parivahan.gov.in/ and enter your vehicle details.
2. Go to the 'Online Services' section and select ‘Pay Vehicle Tax’.
3. Enter your vehicle registration number and other required details.
4. The portal will display your vehicle’s information and any outstanding tax dues.
5. Proceed with the payment using a debit card, credit card, or net banking option.
6. After successful payment, you will receive an electronic receipt for your records.

This online service simplifies the process of paying road tax in Tamil Nadu and saves you the trouble of visiting the transport office.

Road tax in Tamil Nadu is an important factor that adds to the overall cost of your new car. It is crucial to account for this tax when planning your car purchase. The good news is that Bajaj Finserv New Car Loans can help you finance your car purchase, including road tax. With flexible repayment options 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.