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Best Cars under 12 Lakhs

Cars in the Rs. 12 Lakhs price bracket offer the best value for money. These cars tend to come with premium features like a sunroof, a touchscreen infotainment system, and good safety features, among others. 

In the hatchback segment, you have cars like the Tata Punch and the Tata Tiago, which are known for their high safety ratings. In the compact SUV segment, some of the best cars that you can get are the Mahindra XUV300, Kia Sonet, Hyundai Venue, Nissan Magnite and Toyota Urban Cruiser. If spacious interiors are what you’re after, you have cars like the Honda Amaze, Maruti Suzuki Ertiga, Maruti Suzuki S-Cross, Renault Duster and MG Astor.

 

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List of Top Cars Under Rs. 12 Lakhs

Before choosing a car, you should be aware of the on road price of it. Here is a list of the cars under Rs. 12 Lakhs on-road price for you to choose from.

 

Top Cars Under Rs. 12 Lakhs

On-Road Prices including RTO and Insurance

(New Delhi)

Insurance Cost

 

Tata Punch (Creative AMT)

Rs. 10.05 Lakhs

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Maruti Suzuki Ertiga (VXi CNG)

Rs. 11.10 Lakhs

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Mahindra XUV 300 (1.2 W6)

Rs. 11.04 Lakhs

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Honda Amaze (1.2 S MT)

Rs. 8.10 Lakhs

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Tata Tiago (CNG XZ+ DT)

Rs. 7.65 Lakhs

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Kia Sonet (HTK 1.5)

Rs. 10.49 Lakhs

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Maruti Suzuki S-Cross (Sigma)

Rs. 9.48 Lakhs

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Renault Duster (RXS 1.5 Petrol MT)

Rs. 11.08 Lakhs

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Hyundai Venue (E 1.2 Petrol)

Rs. 7.96 Lakhs

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MG Astor (Style 1.5 MT)

Rs. 10.9 Lakhs

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Nissan Magnite (XE)

Rs. 6.34 Lakhs

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Toyota Urban Cruiser (Mid Grade MT)

Rs. 9.67 Lakhs

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The on-road prices mentioned above are applicable only for New Delhi. The price varies from city to city depending on RTO charges and insurance cost changes. There are different variants available for the cars up to Rs. 12 Lakhs other than the ones mentioned here. You can also find better variants falling under the category of best car in Rs. 12 Lakh. Depending on these variants, the car insurance cost also varies. You can use a car insurance calculator to calculate these complicated prices. The online car insurance calculator offered by Finserv MARKETS is easy to use and error-free. Now, let us check out the distinctive features of each of these best cars in the Rs. 12 Lakh range. Please note that the on-road price ranges mentioned below are for the city of New Delhi.

1. Tata Punch

 

Tata Punch is an SUV model from the house of Tata. It has more than 14 variants, and the base price starts from Rs. 5.65 Lakhs. Punch is a 5 seater car with it's least expensive variant being Pure MT. It has remained one of the best cars to buy under Rs. 12 Lakhs since it’s launch. This strongly built SUV offers a smooth ride and a mileage of 18.97 kmpl. It has variants with both manual and automatic transmission. Tata Punch does not have a diesel or CNG option. The insurance premium for this car can cost between Rs. 29,000 to Rs. 45,000 per annum.

 

Check out the table below for the features of Tata Punch.

Features

Information

On- Road Price Range

Rs. 6.17 - 10.39 Lakhs

Insurance Cost

Starting from Rs. 29,000

Safety Rating

5-star safety rating

Engine Capacity

1199 cc

Transmission Types

Manual and Automatic

Fuel Range

Petrol

2. Maruti Suzuki Ertiga

 

Maruti Suzuki Ertiga is a MUV model with 4 variants. It has been a success in the under Rs. 12 Lakh car category, with more than four lakh units sold in the six years of its launch. Ertiga is a 7 seater, and its base price starts from Rs. 8.11 Lakhs. Ertiga is not only better looking, but it also has an air of luxury to it. It is available in petrol and CNG options and offers a mileage of 19.01 kmpl and 26.2 km/kg respectively. The insurance premium for this car can cost between Rs. 41,000 to Rs. 47,000 per annum.

 

Check out the table below for the features of Maruti Suzuki Ertiga.

 

Features

Information

On- Road Price Range

Rs. 9.18 - 12.77 Lakhs

Insurance Cost

Starting from Rs. 41,000

Safety Rating

3-star safety rating

Engine Capacity

1462 cc

Transmission Types

Manual and Automatic

Fuel Range

Petrol and CNG

3. Mahindra XUV 300

 

The Mahindra XUV 300 is an SUV and one of the 10 different models from the house of Mahindra. It has 16 variants, and the base price starts from Rs. 7.96 Lakhs. XUV 300 is a 5 seater car with it's least expensive variant being 1.2 W4. It has remained one of the best SUV cars in the Rs. 12 Lakh category since it’s launch. This SUV offers an impressive seating comfort and a mileage of 17 kmpl. It has variants with both manual and automatic transmission. Mahindra XUV 300 is offered in both petrol and diesel variants but does not have a petrol automatic variant. The insurance premium for this car can cost between Rs. 41,000 to Rs. 58,000 per annum.

 

Check out the table below for the features of Mahindra XUV 300.

 

Features

Information

On- Road Price Range

Rs. 8.93 - 15.97 Lakhs

Insurance Cost

Starting from Rs. 41,000

Safety Rating

5-star safety rating

Engine Capacity

1197-1497 cc

Transmission Types

Manual and Automatic

Fuel Range

Petrol and Diesel

 

  4. Honda Amaze

 

Honda Amaze is a sedan model with 9 variants. It is one of the successful sedan models from the house of Honda and the best sedan among the Rs. 12 Lakh under cars. Amaze is a 5 seater, and its base price starts from Rs. 6.38 Lakhs. Honda Amaze is one of the better-looking sedans in the segment. It is available in automatic option with both petrol and diesel engines. Amaze offers a mileage of 24.7 kmpl. The insurance premium for this car can cost between Rs. 28,000 to Rs. 35,000 per annum.

 

 

Check out the table below for the features of Honda Amaze.

 

Features

Information

On- Road Price Range

Rs. 7.18 - 13.18 Lakhs

Insurance Cost

Starting from Rs. 28,000

Safety Rating

4-star safety rating

Engine Capacity

1498 cc

Transmission Types

Manual and Automatic

Fuel Range

Petrol and Diesel

 

  5. Tata Tiago CNG

 

Tata Tiago CNG is a hatchback model from the house of Tata. It has 5 variants, and the base price starts from Rs. 6.10 Lakhs. Tiago is a 5 seater car with it's least expensive variant being XE. It has remained one of the under Rs. 12 Lakhs best cars among CNG options. Tiago has an excellent built quality and offers a mileage of 26.49 kmpl. It is available only in manual transmission. Tata Tiago CNG is the best if you are looking for a CNG option. The insurance premium for this car can cost between Rs. 34,000 to Rs. 39,000 per annum.

 

Check out the table below for the features of Tata Tiago CNG.

 

Features

Information

On- Road Price Range

Rs. 6.84 - 8.58 Lakhs

Insurance Cost

Starting from Rs. 34,000

Safety Rating

4-star safety rating

Engine Capacity

1199 cc

Transmission Types

Manual

Fuel Range

CNG

 

 6. KIA Sonet

 

KIA Sonet is a SUV model with 29 variants. It is a best seller among the best cars under the Rs. 12 Lakh category. Sonet is a 5 seater and its base price starts from Rs. 6.89 Lakhs. Sonet has a sharp and premium styling. It is available in petrol and diesel options and offers a mileage of 24.1 kmpl. The insurance premium for this car can cost between Rs. 33,000 to Rs. 50,000 per annum.

 

Check out the table below for the features of KIA Sonet.

 

Features

Information

On- Road Price Range

Rs. 7.73 - 16.08 Lakhs

Insurance Cost

Starting from Rs. 33,000

Safety Rating

3-star safety rating

Engine Capacity

998-1498 cc

Transmission Types

Manual and Automatic

Fuel Range

Petrol and Diesel

 

7. Maruti Suzuki S-Cross

 

Maruti Suzuki S-Cross is a SUV model with 7 variants. It is one of the best cars in the Rs. 12 Lakh range that delivers a highly fuel-efficient and powerful driving performance. S-Cross is a 5 seater, and its base price starts from Rs. 8.39 Lakhs. It is available in automatic as well as a manual option with petrol engine variant. This SUV offers a mileage of 18.43 kmpl. The insurance premium for this car can cost between Rs. 37,000 to Rs. 49,000 per annum.

 

Check out the table below for the features of Maruti Suzuki S-Cross.

 

Features

Information

On- Road Price Range

Rs. 9.49 - 14.22 Lakhs

Insurance Cost

Starting from Rs. 37,000

Safety Rating

5-star safety rating

Engine Capacity

1462 cc

Transmission Types

Manual and Automatic

Fuel Range

Petrol

8. Renault Duster

 

Renault Duster is a SUV model from the house of Renault. It has 7 variants and the base price starts from Rs. 9.86 Lakhs. Duster is a 5 seater and has stayed one of the best sellers under the category of best cars under Rs. 12 Lakhs. First launched in 2012, the Duster was the first SUV to kickstart the mid-size SUV trend in the Indian market. It is now available in automatic as well as a manual option with petrol engine variant. Duster offers a mileage of 16.5 kmpl. The insurance premium for this car can cost between Rs. 54,000 to Rs. 64,000 per annum.

Check out the table below for the features of Renault Duster.

 

Features

Information

On- Road Price Range

Rs. 11.08 - 16.58 Lakh

Insurance Cost

Starting from Rs. 54,000

Safety Rating

3-star safety rating

Engine Capacity

1498 cc

Transmission Types

Manual and Automatic

Fuel Range

Petrol

 

9. Hyundai Venue

 

Hyundai Venue is one of the 12 different models from the house of Hyundai. It has 18 variants and the base price starts from Rs.6.99 Lakhs. Venue is a 5 seater car with it's least expensive variant being 1.2 Kappa MT E. It is one of the best cars to buy under Rs. 12 Lakhs. This feature-rich SUV offers a smooth ride and a mileage of 23.7 kmpl. It has variants with both manual and automatic transmission. Venue offers petrol and diesel options. The insurance premium for this car can cost between Rs. 34,000 to Rs. 48,000 per annum.

 

Check out the table below for the features of Hyundai Venue.

 

Features

Information

On- Road Price Range

Rs. 7.85 - 14.02 Lakhs

Insurance Cost

Starting from Rs. 34,000

Safety Rating

4-star safety rating

Engine Capacity

998-1493 cc

Transmission Types

Manual and Automatic

Fuel Range

Petrol and Diesel

 

10. MG Astor

 

MG Astor is a SUV model with 12 variants. Astor manages to stand out in the category of cars under Rs. 12 Lakh with its stylish looks and upmarket cabin experience. It is a 5 seater and its base price starts from Rs. 9.78 Lakhs. It is available in automatic as well as manual transmission with petrol engines. Astor offers a mileage of 14 kmpl. The insurance premium for this car can cost between Rs. 45,000 to Rs. 77,000 per annum.

 

Check out the table below for the features of MG Astor.

 

Features

Information

On- Road Price Range

Rs. 10.99 - 19.6 Lakhs

Insurance Cost

Starting from Rs. 50,000

Safety Rating

5-star safety rating

Engine Capacity

1498 cc

Transmission Types

Manual and Automatic

Fuel Range

Petrol

 

11. Nissan Magnite

 

Nissan Magnite is one of the 3 different models from the house of Nissan. It is a SUV model with 20 variants. The base price starts from Rs. 5.76 Lakhs. Magnite is a 5 seater car with it's least expensive variant being XE. It is the smallest SUV among cars under Rs. 12 Lakhs. This SUV with striking design offers class leading space and a mileage of 20 kmpl. It has variants with both manual and automatic transmission variants in the petrol engine option. The insurance premium for this car can cost between 24,000 to 36,000 per annum.

Check out the table below for the features of Nissan Magnite.

 

Features

Information

On- Road Price Range

Rs. 6.30 - 11.98 Lakhs

Insurance Cost

Starting from Rs. 24,000

Safety Rating

4-star safety rating

Engine Capacity

999 cc

Transmission Types

Manual and Automatic

Fuel Range

Petrol

 

12. Toyota Urban Cruiser

Toyota Urban Cruiser is a sub-4m compact SUV with 6 variants. It is one of the best SUVs among the Rs. 12 Lakh under cars. Cruiser is a 5 seater, and its base price starts from Rs. 8.63 Lakh. It marks Toyota’s entry into the fierce sub-4m compact SUV space. It is available in automatic as well as a manual transmission. Only the petrol engine option is available. Cruiser offers a mileage of 17.3 kmpl. The insurance premium for this car can cost between Rs. 40,000 to Rs. 48,000 per annum.

 

 

Check out the table below for the features of Toyota Urban Cruiser.

 

Features

Information

On- Road Price Range

Rs. 9.68 - 13.19 Lakhs

Insurance Cost

Starting from Rs. 40,000

Safety Rating

4-star safety rating

Engine Capacity

1462 cc

Transmission Types

Manual and Automatic

Fuel Range

Petrol

 

Conclusion

You have a plethora of options for cars under Rs. 12 Lakhs since this budget can be considered a relaxed one. Select a car from the list above after carefully considering your budget, availability of the car and your needs. If you are looking for a car that is suitable for your family, always go for a SUV model. Check the mileage range of the cars keeping the rising fuel prices in mind. When you buy any of these best cars under Rs. 12 Lakhs, it is mandatory that you buy insurance as per the Motor Vehicles Act, 1988. It is equally important to renew the car insurance on time to avoid any penalties. It is wise to always have car insurance since it gives you legal protection as well as financial protection in case of any unforeseen emergencies involving the car. 

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FAQs on Best Cars Under Rs. 12 Lakhs

✔️Which is the most fuel efficient car under Rs. 12 Lakh in India?

The most fuel efficient car under Rs. 12 Lakh in India are:

  • Honda Amaze

  • KIA Sonet

  • Hyundai Venue

  • Nissan Magnite

  • Maruti Suzuki Ertiga

✔️Which is the best automatic car under Rs. 12 Lakhs?

The best automatic cars under Rs. 12 Lakhs are Maruti Suzuki Ertiga, KIA Sonet, Mahindra XUV 300, etc.

✔️What is the on-road price of Tata Punch in Delhi?

The least expensive variant of Tata Punch is Pure MT, and the most expensive one is Creative Ira AMT. The on-road prices of Tata Punch Pure MT and Creative Ira AMT in Delhi are Rs. 6.17 Lakh and Rs. 10.39 Lakh respectively. 

✔️Which are the best upcoming cars under Rs. 12 Lakhs in India in 2022?

Some of the best upcoming cars under Rs. 12 Lakhs in India in 2022 are Volkswagen Virtus, Mahindra eKUV100, Toyota Belta, Maruti Baleno 2022, etc.

✔️What is the insurance cost of Maruti Suzuki Ertiga in Mumbai?

The insurance cost of Maruti Suzuki Ertiga in Mumbai starts from Rs. 41,000 onwards.