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About Best Cars Under 15 Lakhs

Our list of best cars under ₹15 lakhs offers the best balance between value for money and high-end specifications that you would expect in the more premium cars. In a bid to remain competitive with the cars below ₹15 lakhs, manufacturers are constantly pushing the limits of affordability and high-end luxury features. We've compiled an extensively detailed list of all the best cars under ₹15 lakhs in India to help you pick an amazing vehicle with the top features.

 

1. Mahindra Thar

The Mahindra Thar is the true off-roader. The all-terrain monster can negotiate the beaten track like no other. The car is surprisingly capable as an everyday vehicle with creature comforts like AC, climate control, and telescopic steering. The all-new Mahindra Thar is an embodiment of the original Jeep with its boxy looks and well-shaped front and rear bumpers. The Thar is available with diesel and petrol engine options. If Thar is your kinda vehicle, then make sure to secure it with comprehensive Mahindra car insurance to never come across any hitches on the road!

Let us take a look at the specifications of the Mahindra Thar:

Car Name

Mahindra Thar

On Road Price

₹15.23 Lakh (Delhi)

Mileage

14.3 - 19.8 Kmpl

Engine

1997 - 2184cc

Transmission

Manual & Auto (Torque Converter)

Fuel Type

Petrol & Diesel

Seating Capacity

5

Available Variants

10

2. Kia Sonet

After the hugely successful Kia Seltos, the Sonet (the Seltos' younger sibling) had very big shoes to fill. Making its debut in India in 2020. The car got off the starting line with a few lessons from its larger sibling, the Seltos. The Sonet, in that regard, is filled to the brim with features, making it one of the best cars under ₹15 lakhs in India. The Korean manufacturer also made it a point to offer multiple engines and gearbox combinations. The car is available in a whopping 27 different variants, along with a 1.5-litre diesel powertrain.

 

Let us take a look at the specifications of the Kia Sonet:

Car Name

Kia Sonet

On Road Price

₹7.76 Lakh (Delhi)

Mileage

18.2 to 24.1 Kmpl

Engine

998 to 1493cc

Transmission

Manual

Clutchless Manual

Automatic (Dual Clutch)

Automatic (Torque Converter)

Fuel Type

Petrol & Diesel

Seating Capacity

5

Available Variants

27

Moreover, you can get the best Kia car insurance plan with Finserv MARKETS for a smooth and worry-free ride! With the right add-on covers combined with your insurance policy, you shall be ready to conquer any issues posed by your car.

3. Tata Altroz

The Altroz is Tata Motors’ premium hatchback and the first model to be built on the carmaker’s ALFA platform. The car has been developed with ‘electrification’ in mind. On offer are BS6-compliant 1.2-litre petrol and 1.5-litre diesel engines, both available with manual transmissions. Like most Tata models, the Tata Altroz has been awarded a 5-star adult occupant protection rating by Global NCAP. Further, do not forget to get Tata car insurance while purchasing the premium hatchback in India for maximum protection!

Let us take a look at the specifications of the Tata Altroz:

Car Name

Tata Altroz

On Road Price

₹6.46 Lakh (Delhi)

Mileage

19.05 - 25.11 Kmpl

Engine

1197 - 1497cc

Transmission

Manual

Fuel Type

Petrol & Diesel

Seating Capacity

5

Available Variants

16

4. Hyundai Creta

The Hyundai Creta has been without doubt one of the most successful vehicles that has come from the Hyundai stables. The car got an all-new 2020 facelift with a host of cosmetic and mechanical upgrades. One of the prominent features of the new Creta is a bold front grille with an updated set of tail lamps. The interior remains disguised, but it is likely to have the same layout as the current model. When it comes to the engine options, the new car gets a 115PS 1.5-litre diesel and 140PS 1.4-litre turbo-petrol engine with a 6-speed manual, automatic and a 7-speed DCT gearbox options.

 

Let us take a look at the specifications of the Hyundai Creta:

Car Name

Hyundai Creta

On Road Price

₹11.86 Lakh (Delhi)

Mileage

17 - 21 Kmpl

Engine

1353 - 1497cc

Transmission

Manual

Automatic (CVT)

Automatic (Dual Clutch)

Automatic (Torque Converter)

Fuel Type

Petrol & Diesel

Seating Capacity

5

Available Variants

19

5. Toyota Yaris

The Yaris is a mid-sized sedan from the Japanese manufacturer Toyota. For a car under ₹15 lakhs, you get all the manufacturing quality and reliability that you generally associate with the brand. The Yaris is sold around the world. In India, it’s on offer only in petrol-manual and petrol-CVT forms. The 1.5-litre petrol engine produces 107hp and is at its best at lower revs in relaxed city driving.

 

Let us take a look at the specifications of the Toyota Yaris:

Car Name

Toyota Yaris

On Road Price

₹9.79 Lakh (Delhi)

Mileage

17.11 to 17.82 Kmpl

Engine

1496 cc

Transmission

Manual & Auto (CVT)

Fuel Type

Petrol

Seating Capacity

5

Available Variants

28

Comprehensive car insurance takes you a step further in safeguarding your vehicle from unfortunate events on the road. So, do not miss the chance to get Toyota car insurance at lucrative rates with us on Finserv MARKETS!

6. Mahindra Scorpio

The Scorpio SUV is undoubtedly Mahindra’s biggest hit. Its tough build makes it well-suited to rough usage and to many, the upright shape gives it the right image too. The Mahindra Scorpio is available in a 7-seat configuration and there are lots of versions to choose from. You can pick from 2.5-litre and 2.2-litre diesel engines; the latter is available in two states of tune, and a four-wheel drive is also an option, making Scorpio one of the top cars under ₹15 lakhs.

 

If Scorpio is the one for you, opt for Mahindra Scorpio car insurance to never run across any financial or legal troubles when it comes to your precious four-wheeler.

 

Let us take a look at the specifications of the Mahindra Scorpio:

Car Name

Mahindra Scorpio

On Road Price

₹15.45 Lakh (Delhi)

Mileage

15 Kmpl

Engine

2179 cc

Transmission

Manual 

Fuel Type

Diesel

Seating Capacity

7

Available Variants

6

7. Honda City

The queen of the sedans. Introduced 22 years ago, the City is still alive and kicking. The City’s India story began in 1998 and since then the car has seen four iterations. Now in its fourth generation, the all-new Honda City gets further improvements along with an introduction of a diesel engine. The new City’s frame packs in more high-tensile-strength steel and a stiffer roof section, resulting in a 20 percent increase in overall structural integrity. The City gets an all-new DOHC 1.5-litre unit that’s now coupled to a 6-speed manual gearbox. Buyers can also choose a 6-speed automatic transmission.

 

Let us take a look at the specifications of the Honda City:

Car Name

Honda City

On Road Price

₹12.84 Lakh (Delhi)

Mileage

17.4 Kmpl

Engine

1498 cc

Transmission

Manual & Auto (AMT)

Fuel Type

Petrol & Diesel

Seating Capacity

5

Available Variants

9

Looking at these specs, Honda City is definitely the best car to buy under ₹15 lakhs. But with your new Honda City car, get Honda car insurance online with just a few steps at Finserv MARKETS.

8. Kia Seltos

The Seltos is Kia’s first model in India commissioned with the uphill task of establishing the Korean auto giant in the Indian market. It unsurprisingly did not disappoint. The Kia Seltos had all the right ingredients for the job. Attractively designed, keenly priced and available with a wide range of engine and gearbox options. You can opt for the 1.5-litre petrol, 1.4-litre turbo-petrol and 1.5-litre diesel engines. The individual engines are available with manual and automatic gearbox options. All versions of the Seltos are BS6 compliant and also easily fit the range of cars between ₹10 to ₹15 lakhs for buyers.

 

Let us take a look at the specifications of the Kia Seltos:

Car Name

Kia Seltos

On Road Price

₹11.13 Lakh (Delhi)

Mileage

16.1 - 20.86 Kmpl

Engine

1353 - 1497cc

Transmission

Manual

Clutchless Manual

Automatic (CVT)

Automatic (Torque Converter)

Automatic (Dual Clutch)

Fuel Type

Petrol & Diesel

Seating Capacity

5

Available Variants

12

9. Skoda Rapid

The Rapid is a mid-sized sedan from the Czech automobile manufacturer, Skoda. The car was first launched in 2011 and has since seen a number of upgrades including a 2020 facelift. The latest 2020 BS6 Skoda Rapid gets a few key upgrades that make it an inviting prospect. One of the key changes to the Rapid is the all-new 110hp 1.0 TSI turbo petrol motor that replaces the outdated 1.6-litre naturally aspirated petrol engine. The three-cylinder TSI engine belongs to the EA211 engine family of the VW Group. Thanks to the small engine, the Rapid offers higher mileage and surprisingly higher performance thanks to the 110hp engine.

 

Let us take a look at the specifications of the Skoda Rapid:

Car Name

Skoda Rapid

On Road Price

₹8.71 Lakh (Delhi)

Mileage

16.24 - 18.97 Kmpl

Engine

999cc

Transmission

Manual & Automatic

Fuel Type

Petrol

Seating Capacity

5

Available Variants

13

Mishaps never come knocking at anyone’s door, which is why opting for insurance is a priority! Head over to our platform to get the best deal on Skoda car insurance plans and avail amazing add-ons to enhance your coverage!

10. Mahindra XUV300

The XUV 300 is a sophisticated sub-four-metre compact SUV from the Indian manufacturer, Mahindra. The car gets a number of class-leading ‘firsts’, which makes it a pricey proposition. The car is available with petrol and diesel engine options with standard-fit 6-speed manual transmissions. The diesel engine is additionally available with the option of an AMT auto. The Mahindra XUV300 holds the distinction of being the safest car to be crash-tested by Global NCAP and thus, one of the best Indian cars under ₹15 lakhs.

 

Let us take a look at the specifications of the Mahindra XUV300:

Car Name

Mahindra XUV300

On Road Price

₹8.97 Lakh (Delhi)

Mileage

17 - 20 Kmpl

Engine

1197 - 1497cc

Transmission

Manual & Auto (AMT)

Fuel Type

Petrol & Diesel

Seating Capacity

5

Available Variants

8

11. Honda WR-V

The WR-V is an attractive compact SUV that was launched in the early part of 2017 and over the subsequent years has seen 3 updates. The latest WR-V offers luxury functionality, and practicality like no other; it is distinctly a Honda. The new WR-V gets raised and reworked suspension and even some additional features that add to the luxury quotient. The company SUV is offered in petrol-manual and diesel-manual form but there’s no automatic.

 

Let us take a look at the specifications of the Honda WR-V:

Car Name

Honda WR-V

On Road Price

₹9.78 Lakh (Delhi)

Mileage

16.5 - 23.7 Kmpl

Engine

1199 to 1498cc

Transmission

Manual

Fuel Type

Petrol & Diesel

Seating Capacity

5

Available Variants

4

12. Honda Amaze

The Honda Amaze is a mid-range sedan from the Japanese manufacturer, Honda. The car was first introduced in India in 2013 and has since been a strong contender in its segment. The all-new second-generation Amaze is a significant improvement over the first model. A major appeal is the fact that the mid-range sedan is competitively priced in its segment. Car buyers will be spoilt for choice with petrol-manual, petrol-CVT auto, diesel-manual and even a unique diesel-CVT version to choose from

 

Let us take a look at the specifications of the Honda Amaze:

Car Name

Honda Amaze

On Road Price

₹7.11 Lakh (Delhi)

Mileage

18.3 - 24.7 Kmpl

Engine

1199 to 1498cc

Transmission

Manual & Auto (CVT)

Fuel Type

Petrol & Diesel

Seating Capacity

5

Available Variants

9

13. Tata Nexon

The Nexon is Tata’s best selling hatchback and perhaps the most versatile. The car offers so much in addition to its swanky good looks. The car presents a wide price range of engine and gearbox options. You can choose a car in the following configuration: petrol-manual, petrol-AMT auto, diesel-manual and diesel-AMT auto versions. The car holds the distinction of being the first Indian car to be rated 5 stars for safety by Global NCAP. The year 2020 brought with it key updates like all new BS6-spec engines and an electric EV option, so you can surely consider Tata Nexon amongst the best Indian cars under ₹15 lakhs.

 

Let us take a look at the specifications of the Tata Nexon:

Car Name

Tata Nexon

On Road Price

₹8.19 Lakh (Delhi)

Mileage

16 - 22.4 Kmpl

Engine

1199 to 1497cc

Transmission

Manual & Auto (AMT)

Fuel Type

Petrol & Diesel

Seating Capacity

5

Available Variants

12

14. Hyundai Venue

The Venue is Hyundai’s foray into the compact SUV market. The Venue was first launched in 2019 and by the looks of sales figures is still going strong, giving rivals like Ford and Maruti a strong challenge. The Hyundai car gets three engine options, two petrol and one diesel, making it an affordable option for cars under ₹15 lakhs on road price budget.

 

The petrol engines are a 1.2L petrol engine outputting 82bhp power and 115Nm torque and a 1.0L turbo petrol engine with 118bhp power and 172Nm torque. The diesel engine is a 1.5L delivering 98bhp and 240Nm torque.

 

Let us take a look at the specifications of the Hyundai Venue:

Car Name

Hyundai Venue

On Road Price

₹7.90 Lakh(Delhi)

Mileage

17.52 - 23.4 Kmpl

Engine

998 to 1493cc

Transmission

Manual

Clutchless Manual

Automatic (Dual Clutch)

Fuel Type

Petrol & Diesel

Seating Capacity

5

Available Variants

18

Do not forget to protect your newly bought Hyundai Venue from the unforeseen perils on the road with Hyundai car insurance. As motor insurance policies are mandatory in India, it is advised to choose comprehensive plans to get your money’s worth!

15. MG Hector

The Hector is Chinese-owned British carmaker Morris Garages’ initiation to the Indian market. An eye-catching design, massive proportions and new-age tech make it a well-rounded package that should definitely be on the radar of prospective mid-size SUV owners. The car’s engine choices include a petrol-manual, a petrol-automatic and a diesel-manual. There is also the option of mild-hybrid technology on the petrol-manual powertrain. A major talking point is the industry-first 5 year/1.5 lakhs km warranty that the car offers.

 

Let us take a look at the specifications of the MG Hector:

Car Name

MG Hector

On Road Price

₹15.53 Lakh (Delhi)

Mileage

13.96 - 17.41 Kmpl

Engine

1451 - 1956cc

Transmission

Manual and Automatic (Dual Clutch) and

(CVT)

Fuel Type

Petrol, Diesel & Hybrid

Seating Capacity

5

Available Variants

4

Buy the Best Insurance for Your New Car!

Now that you have gone through the list of best cars under ₹15 lakhs in India, you can purchase a suitable car model that suits your need. However, if you own a car, you are going to need auto insurance. A car insurance policy helps provide financial protection for you, and possibly others if you're involved in an accident. All it takes is 15 minutes and you can have a personalised car insurance quote that factors in the best rates, discounts, and options available to you.

 

Finserv MARKETS has some of the best insurance plans that cover own damage protection, third party protection and comprehensive plans. The comprehensive car insurance policy not only covers damages that occurred to your car during an accident but also covers the repairs and costs incurred to third-party property. Moreover, you can enhance your financial protection by choosing from a variety of add-on covers that give added protection to the policyholder and add much-needed convenience to the car ownership experience.

Check Out Car Insurance Plans Available at Finserv MARKETS

FAQs On Cars Under 15 Lakhs

  • ✔️What is the best car to buy under 15 lakhs?

    The best-selling car under Rs. 15 Lakhs is the Hyundai Creta. The base-model E comes at an on road price of Rs. 11.28 Lakhs and is loaded with modern features and equipment.

  • ✔️Should I consider an Auto in my choice of the best car under 15 lakhs?

    Choosing an auto transmission really depends on where you predominantly plan to drive. If you drive majorly on city roads, which require you to constantly change gears, then an auto makes complete sense.

  • ✔️What fuel type should I consider for cars below 15 lakhs?

    There are primarily three types of fuel types available in the best cars below 15 lakhs. Petrol, diesel and CNG. If your daily drive exceeds 50 kms, it makes sense to buy a diesel variant. If you primarily drive within city limits, the petrol variants make sense. If your city is well connected with CNG pumps, the CNG variants of the best cars under Rs. 15 Lakhs will be a cost effective option.

  • ✔️What is the lowest price car under 15 lakhs?

    The Tata Altroz is the lowest priced car in our list of best cars to buy under 15 lakhs. The XE variant is available at an on road price of Rs. 6.28 Lakhs.

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