For example, in Uttar Pradesh, road tax can be a considerable addition to the overall cost of your new car. The higher the road tax, the more you need to factor this into your total car purchase cost. But what if there was a way to make this cost more affordable?
This is where Bajaj Finserv New Car Loans come in. Our new car loans can cover up to 100% of your new car’s on-road price, which includes road tax. And the best part? You might already be pre-approved for a new car loan. Check your offer and get closer to driving your dream car home.
Read on to learn more about how the Uttar Pradesh road tax affects your car price and how our new car loans can help you cover these expenses.
Uttar Pradesh road tax
Road tax in Uttar Pradesh is a mandatory fee that car owners must pay for using public roads within the state. It is calculated based on several factors, including the car's price, engine capacity, and other aspects such as its age and type. Road tax is collected by the Uttar Pradesh government to maintain and improve the state’s road infrastructure.Have you considered how this tax will affect the total cost of your new car? When purchasing a new car in Uttar Pradesh, it is important to account for this tax along with the car's price. This is why understanding how the road tax works in Uttar Pradesh is essential for better budgeting.
Uttar Pradesh road tax calculation
How is road tax calculated in Uttar Pradesh? In the state, road tax depends on several factors, such as the vehicle's weight, age, and intended use. Heavier vehicles generally face higher tax rates, while older vehicles may have different rates due to environmental and emission concerns. The vehicle's purpose—whether personal or commercial—also affects the tax, with commercial vehicles typically paying more.Other aspects, like the vehicle's seating capacity, engine size, and dimensions (length and width), are also considered when calculating the tax. Larger vehicles, such as SUVs and trucks, usually incur higher taxes. The fuel type is another important factor, as environmentally friendly vehicles often enjoy lower tax rates.
For example, 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 between 8% and 10% of the car's price. This means the road tax might amount to anywhere between Rs. 64,000 and Rs. 80,000.
Does this seem like a significant expense? The additional tax can sometimes be an unexpected cost when buying a car. But what if you could finance the total cost of the car, including road tax, with an easy car loan? Curious about how much you could borrow with a Bajaj Finserv New Car Loan to cover these extra expenses? With just a few clicks, you can check your new car loan eligibility and start your journey toward owning your new car today.
Road tax in Uttar Pradesh for new cars
When purchasing a new car, Uttar Pradesh road tax can be a significant factor in the total cost. New cars are subject to road tax, which is calculated based on the car’s engine capacity, price, and type. For example, smaller cars tend to have a lower tax rate, while larger vehicles like SUVs are subject to higher taxes. Have you accounted for these additional costs when planning your new car purchase?If you are considering a new car in Uttar Pradesh, be sure to check the road tax amount before finalizing your purchase. Don’t let this additional cost catch you by surprise after the deal is done. Instead, plan ahead and consider financing options that can cover all of these expenses.
The road tax for new private four-wheelers in Uttar Pradesh is based on the vehicle's cost. Below is the breakdown of the tax rates:
Cost of vehicle | Road tax |
Up to Rs. 10 lakh | 8% |
Above Rs. 10 lakh | 10% |
For Ghaziabad, Noida, Kanpur, Meerut, Agra, etc. | Additional temporary charges of Rs. 1500 |
For used cars (less than 15-year-old) | Green Tax will be levied, chargeable at time of renewal of registration |
How to pay Uttar Pradesh road tax online?
Paying Uttar Pradesh road tax is now easier than ever. The Uttar Pradesh Transport Department allows online payments, so you can settle the tax without having to visit an office. Here’s how to 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 Uttar Pradesh plays a significant role in determining the final cost of your new car. While it might seem like a substantial expense, with proper financial planning, it doesn’t have to be a burden. Bajaj Finserv New Car Loans can help 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 budget and needs.
Ready to move forward? Take a closer look at how road tax and other factors affect the total price of your new vehicle. And if you need financial assistance, check out Bajaj Finserv New Car Loan options today!