Top 10 cars under Rs. 12 lakh

The Indian car market is buzzing with a host of options and finding the perfect car under Rs. 12 lakh is easier than ever. Whether you are looking for a spacious SUV, a stylish hatchback, or a fuel-efficient sedan, there is a car that ticks all your boxes.

This segment is packed with some of the best-selling cars in India, known for their affordability, practicality, and impressive features. But buying a car requires a huge sum of money in one go. This is where a new car loan can come in handy as it allows you to spread the cost of your new car into small manageable instalments.

Bajaj Finance offers car loan that comes with simple eligibility criteria and minimal documents With Bajaj Finserv New Car Finance, you can get funds of up to 100% of the car’s on-road price and bring home the car of your choice with ease.

Read on to know about the top 10 cars under Rs. 12 lakh and how you can use Bajaj Finserv New Car Finance to fund your car purchase.

Here is the list of the top 10 cars under Rs. 12 lakh in India

*The prices mentioned are ex-showroom prices in Delhi. Prices will vary depending on the city of purchase.

Let us delve into more details about these cars and understand how new car loans can help you finance your car purchase.

Maruti Suzuki Fronx: Starting at just Rs. 7.51 lakh for the base model, Maruti Suzuki Fronx, this SUV comes in both petrol and CNG versions. With a mileage ranging from 20.01 kmpl to 28.51 km/kg, it is perfect for city commutes and weekend getaways.

Tata Nexon: The base model of Tata Nexon is priced at Rs. 8.15 lakh, this SUV is available in both petrol and diesel versions. With a mileage of 17.01 to 24.08 kmpl, it combines performance with fuel efficiency, making it a popular choice among Indian car buyers.

Hyundai Venue: Starting at Rs. 7.94 lakh for the base model, Hyundai Venue is available in petrol and diesel options. Boasting a mileage of up to 24.2 kmpl, this car can be a great choice for weekend getaways and city commutes.

Hyundai i20: With a starting price of Rs. 7.04 lakh for the base model, the Hyundai i20, is a sleek and stylish hatchback. Available with both manual and automatic transmissions, the Hyundai i20 offers a mileage of 16 to 20 kmpl.

Honda Amaze: Priced at Rs. 7.20 lakh for the base model, the Honda Amaze is available in both petrol and diesel variants. Available with both types of transmissions, manual and automatic, this sedan delivers an impressive mileage ranging from 18.3 to 18.6 kmpl.

Maruti Suzuki Wagon R: The base model of Maruti Suzuki Wagon R is priced at Rs. 5.55 lakh. This hatchback is available in both petrol and CNG versions. With a mileage of 23.56 kmpl to 34.05 km/kg, it offers excellent fuel efficiency without compromising on space or comfort.

Maruti Suzuki Swift: The base model of Maruti Suzuki Swift is priced at Rs. 5.99 lakh, and this hatchback is a great choice for budget-conscious buyers. Available in both versions – petrol and CNG the Maruti Suzuki Swift is a popular hatchback known for its sporty design and peppy performance. With a mileage of 22.38 kmpl to 30.9 km/kg, it offers fuel-efficiency as well.

Nissan Magnite: The Nissan Magnite comes in various models to suit different preferences and budgets. Its entry-level variant, the Nissan Magnite MT XE, starts at an affordable Rs. 6 lakh, while the top-of-the-line Nissan Magnite Turbo CVT VX Premium (O) is priced at Rs. 11.11 lakh. Both manual and automatic transmission options are available, providing flexibility for drivers. Equipped with a powerful 999 cc engine, the Nissan Magnite delivers an impressive mileage ranging from 19.7 kmpl to 20 kmpl, ensuring fuel efficiency without compromising on performance.

Kia Sonet: The base model of the Kia Sonet comes at a competitive price of Rs. 7.99 lakh. This compact SUV offers a mileage spanning from 18.2 kmpl to 24.1 kmpl, ensuring efficient fuel consumption without compromising on performance.

Tata Tiago: Priced at Rs. 5.65 lakh onwards, the Tata Tiago is a budget-friendly hatchback available in both petrol and CNG variants. With a mileage of 19 kmpl to 28.06 km/kg, it is ideal for those seeking affordability without compromising on quality.

You can check out these cars, their features, specifications and more conveniently by visiting Bajaj Mall. Bajaj Mall provides search filters that can help you find your desired vehicle with ease. You can find a car of your choice by narrowing down your search based on specific criteria like brand, price, and more. Use our financing solution to book your dream car online. With features such as long repayment tenures and competitive car loan interest rates, our new car loans make borrowing easy and convenient for you.

Buying a new car under Rs. 12 lakh do not have to be a difficult task. Whether you are eyeing a stylish sedan, a rugged SUV, or a hatchback, you will be able to find a car of your choice within your budget. And with the option of new car finance, you can easily bring home your dream car without breaking the bank.

Note: Mileage figures are as per ARAI certification and may vary based on driving conditions and other factors.

The prices mentioned are ex-showroom prices in Delhi. Prices will vary depending on the city of purchase.