Tripura road tax

When you are thinking about purchasing a new car, what factors do you consider the most important? Is it the ex-showroom price, the features, or the road tax? Road tax is a crucial component of the total price of your car that you pay to the government. While car prices vary, road tax differs from state to state and can make a significant difference in your car-buying budget.

For example, in Tripura, road tax can be a substantial addition to the overall cost of your new car. The higher the road tax, the more you need to plan for the total price of your car. But what if there was a way to make this cost more affordable?

This is where Bajaj Finserv New Car Loans can help. Our new car loans can cover up to 100% of your new car's on-road price, which includes road tax. With simple eligibility requirements and flexible repayment options, our new car loans make financing easier. And here’s the best part – you might already be pre-approved for our new car loan. Click now to check your offer and get closer to driving home your dream car.

Read on to learn more about how Tripura road tax affects your car price and how our new car loans can help you cover these expenses.

Tripura road tax

Tripura road tax is a mandatory fee that car owners must pay to use public roads in the state. It is calculated based on several factors such as the car’s price, engine capacity, and other aspects like its age and type. Road tax is collected by the Tripura government to help maintain and improve the state's road infrastructure.

Have you considered how this tax will impact the total cost of your new car? When purchasing a new car in Tripura, it is crucial to factor in this tax along with the car's price. Understanding how road tax works in Tripura can help you plan your budget better.

Tripura road tax calculation

How is road tax determined in Tripura? In the state, the road tax is calculated based on a variety of factors, including the vehicle's weight, age, and intended use. Heavier vehicles generally attract higher tax rates, while older vehicles may face different tax brackets due to considerations like emissions and environmental impact. Additionally, commercial vehicles typically incur higher taxes compared to personal ones.

Other elements, such as the vehicle's seating capacity, engine size, and dimensions (length and width), also contribute to the tax calculation. Larger vehicles like SUVs and trucks usually face higher tax rates. The type of fuel used is another important factor, with eco-friendly vehicles often being taxed at lower rates.

For instance, if you buy a new car with an engine capacity of 1,000 cc and a price of Rs. 8 lakh, the road tax could range from 8-10% of the car's price. This means the road tax could be anywhere between Rs. 64,000 and Rs. 80,000.

Does this seem like a significant expense? The added road tax can sometimes be an unexpected cost when purchasing a car. But what if you could cover the entire cost of the car, including the road tax, with a convenient car loan? Curious about how much you can borrow with a Bajaj Finserv New Car Loan to handle these extra costs? With just a few simple steps, you can easily check the loan amount you're eligible for. Check your new car loan eligibility and take the first step towards owning your new car today.

Road tax in Tripura for new cars

When buying a new car, Tripura road tax can be a significant part of the total cost. New cars are subject to road tax, which is calculated based on various factors such as engine capacity, car type, and its price. For instance, smaller cars might have a lower tax rate, while larger vehicles like SUVs will attract higher taxes. Have you considered these additional costs when planning for your new car?

If you’re eyeing a new car in Tripura, make sure to check the road tax amount before finalizing your purchase. Don't let this cost surprise you after the deal is done. Instead, plan ahead and consider financing options that can cover all these expenses.

The road tax for new private four-wheelers in Tripura is based on the vehicle's cost. Below is the breakdown of the tax rates:

Vehicle cost	Applicable tax amount
Less than or up to Rs. 3 lakhs	One-time payment of Rs. 4100 for 15 years and then payment of Rs. 2050 every 5 years.
Between Rs. 3 lakhs to Rs. 5 lakhs	One-time payment of Rs. 4800 for 15 years and then payment of Rs. 2400 for every 5 years.
Between Rs. 5 lakhs to Rs. 10 lakhs	One-time payment of Rs. 6900 for 15 years and then payment of Rs. 3450 for every 5 years.
Between Rs. 10 lakhs to Rs. 15 lakhs	Single-time payment of Rs. 7550 for 15 years and then payment of Rs. 3775 for every 5 years.
Over Rs. 15 lakhs	Single-time payment of Rs. 8250 for 15 years and post that payment of Rs. 4125 for every 5 years.

How to pay Tripura road tax online?

Paying Tripura road tax is now easier than ever. The Tripura Transport Department allows online payments, so you can settle the tax without having to visit an office. Here’s how you can do it:

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 process ensures that you can conveniently pay your road tax from the comfort of your home.

Road tax in Tripura plays a crucial role in determining the final cost of your new car. While it may seem like a substantial expense, with the right financial planning, it doesn't have to be a burden. Bajaj Finserv New Car Loans make the process easier by covering up to 100% of your car's on-road price, including road tax. Check your pre-approved offer now and choose the car that fits your needs.

Ready to move forward? Dive into the road tax and other factors that affect the price of your new vehicle. If you need financial support, explore Bajaj Finserv New Car Loan options today to make your purchase easier.