Best Cars Under 7 Lakhs in India (2022)

If you have a budget of under Rs. 7 Lakhs to buy a car, you have a really wide range of options from reputed manufacturers. The list of best cars under Rs 7 Lakhs is exciting and it includes models from manufacturers like Renault, Maruti Suzuki, Tata, Hyundai and Datsun. To make the choice simpler for you and not let you stay confused, here is a compilation of various cars under Rs 7 Lakhs price tag. You can go through the key features of each car - like their engine capacity, safety ratings, fuel type, mileage and tank size - so you can make an informed and correct decision.

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List of Top Cars under Rs. 7 Lakhs

This table serves as a sneak peek of some of the most admired under Rs. 7 Lakh cars in India presently. It is not uncommon to see multiple Maruti and Tata models in this list due to their competitive pricing and more affordability, in general. Both these companies are known to produce the best Indian cars under Rs. 7 Lakhs.

Car Model

On Road Price - Base Model (New Delhi)

Insurance Cost

Renault Kiger

Rs. 6.42 Lakh

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Maruti Suzuki Celerio

Rs. 5.72 Lakh

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Tata Tiago

Rs. 5.85 Lakh

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Maruti Dzire

Rs. 6.59 Lakh

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Hyundai Aura

Rs. 6.76 Lakh

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Tata Altroz

Rs. 6.69 Lakh

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Hyundai Grand i10

Rs. 5.89 Lakh

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Maruti Suzuki Ignis

Rs. 5.79 Lakh

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Tata Tigor

Rs. 6.48 Lakh

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Renault Kwid

Rs. 4.75 Lakh

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Hyundai Santro

Rs. 5.44 Lakh

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Datsun Go

Rs. 4.62 Lakh

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Important Details Of Top Cars Under Rs. 7 Lakhs

For your benefit and ease of comparison, we will proceed to briefly describe each of the listed models.

 

Source: Wikimedia Commons

Renault Kiger

Your hunt for finding the best car under Rs. 7 Lakhs should definitely include the Renault Kiger. This compact SUV comes with an extremely competitive pricing range of Rs. 6.42 Lakh to Rs. 11.98 Lakh across over a dozen variants. While the cost of insurance will depend on a host of factors, you can expect to pay around Rs. 7000 to Rs. 11,000. The key features include:

Category

Details

Fuel Type

Petrol

Capacity

999 cc

Valves and Cylinders

3 cylinders with 4 valves / cylinder

Maximum Power

98.63 bhp @ 5000 rpm

Maximum Torque

152 Nm @ 2200-4400 rpm

Gearbox Type

Four speed

Transmission

Manual, AMT & Automatic (CVT)

Bharat Stage Standard

BS 6

Mileage

19.03 to 20.53 kmpl

Fuel Tank (size)

48 L

 

Source: Wikimedia Commons

Maruti Suzuki Celerio

Celerio is the quintessential Maruti hatchback which is sturdy, reliable and offers great value for money with high mileage. It is available on-road from Rs. 5.72 Lakh onwards, and the top model sells for Rs. 7.78 Lakh. It also comes with an eco-friendly CNG version. Insurance for the Celerio can cost anywhere between Rs. 3500 to Rs. 7000.

Category

Details

Fuel Type

Petrol and CNG

Capacity

998 cc

Valves and Cylinders

3 cylinders with 4 valves / cylinder

Maximum Power

65.71 bhp @ 5500 rpm

Maximum Torque

152 Nm @ 2200-4400 rpm

Gearbox Type

Five speed

Transmission

Manual and AMT

Bharat Stage Standard

BS 6

Mileage

25.17 to 26.23 kmpl

Fuel Tank (size)

32 L

 

Source: Wikimedia Commons

Tata Tiago

A strong contender for the best Indian car under Rs. 7 Lakhs is the Tata Tiago. This compact yet feature-rich hatchback is available in 6 variants starting from Rs. 5.83 Lakh onwards. Its insurance cost falls in the range of Rs. 11000 to Rs. 19000 depending on the variant chosen.

Category

Details

Fuel Type

Petrol and CNG

Capacity

1199 cc

Valves and Cylinders

3 cylinders with 4 valves / cylinder

Maximum Power

72.39 bhp @ 5500 rpm

Maximum Torque

95 Nm @ 3500 rpm

Gearbox Type

Five speed

Transmission

Manual and AMT

Bharat Stage Standard

BS 6

Mileage

19.8 to 23.84 kmpl

Fuel Tank (size)

34 L

 

Source: Wikimedia Commons

Maruti Dzire

Whenever we discuss the best cars under Rs. 7 Lakhs, Maruti is a name that is bound to feature boldly. The Swift Dzire has undergone 2-3 face lifts to keep it trendy and modern. The range starts at Rs. 6.9 Lakh enabling it to make our list. The on-road price for the base model includes an insurance cost of Rs. 13000 and above.

Category

Details

Fuel Type

Petrol

Capacity

1197 cc

Valves and Cylinders

4 each

Maximum Power

88.50 bhp @ 6000 rpm

Maximum Torque

113 Nm @ 4400 rpm

Gearbox Type

Five speed

Transmission

Manual and AMT

Bharat Stage Standard

BS 6

Mileage

23.26 to 24.12 kmpl

Fuel Tank (size)

37 L


Hyundai Aura

Ever since its launch, the Indian buyers have taken very fondly to Hyundai. And the brand’s Aura is no different, which comes loaded with a variety of features that make it very attractive in this price segment. The base model is priced at Rs. 6.76 Lakh, which can be insured at a cost of Rs. 18000 onwards.

Category

Details

Fuel Type

Petrol, CNG & Diesel

Capacity

998 to 1197 cc

Valves and Cylinders

3 cylinders with 4 valves each

Maximum Power

73.97 bhp @ 4000 rpm

Maximum Torque

190.2 nm @ 1750-2250 rpm

Gearbox Type

Five speed

Transmission

Manual and AMT

Bharat Stage Standard

BS 6

Mileage

20 to 28 kmpl

Fuel Tank (size)

37 L

 

Source: Wikimedia Commons

Tata Altroz

Tata Altroz fits in the premium hatchback category and barely makes the cut due to its entry-level models being priced at Rs. 6.69 Lakh on-road. While the insurance costs vary as per several factors, you can expect to get this car insured starting from Rs. 22000 onwards.

Category

Details

Fuel Type

Petrol & Diesel

Capacity

1199 to 1497 cc

Valves and Cylinders

4 each

Maximum Power

88.77 bhp @ 4000 rpm

Maximum Torque

200 Nm @ 1250-3000 rpm

Gearbox Type

Five speed

Transmission

Manual

Bharat Stage Standard

BS 6

Mileage

19.05 to 25.11 kmpl

Fuel Tank (size)

37 L

 

Source: Wikimedia Commons

Hyundai Grand i10

The all-new Grand i10 Nios is available in a large number of variants + engine combinations which start at Rs 5.89 Lakh onwards for the petro edition. The diesel and CNG models are going to cost you more. Similarly, the insurance costs will also vary, with the lowest starting at Rs. 21000 onwards.

Category

Details

Fuel Type

Petrol, CNG & Diesel

Capacity

998 to 1197 cc

Valves and Cylinders

3 cylinders with 4 valves each

Maximum Power

73.97 bhp @ 4000 rpm

Maximum Torque

190.24 nm @ 1750-2250 rpm

Gearbox Type

Five speed

Transmission

Manual and AMT

Bharat Stage Standard

BS 6

Mileage

18.9 to 25 kmpl

Fuel Tank (size)

37 L

 

Source: Wikimedia Commons

Maruti Suzuki Ignis

Available at an on-road price in the range of Rs. 5.79 Lakh to Rs. 8.65 Lakh, Maruti Ignis is a sporty hatchback with a shape to resemble an SUV. While it has 4 main variants, it throws up almost dozen versions with a cost of insurance starting from Rs. 16000 onwards.

Category

Details

Fuel Type

Petrol

Capacity

1197 cc

Valves and Cylinders

4 each

Maximum Power

81.80 bhp @ 6000 rpm

Maximum Torque

113 Nm @ 4200 rpm

Gearbox Type

Five speed

Transmission

Manual and AMT

Bharat Stage Standard

BS 6

Mileage

20.89 kmpl

Fuel Tank (size)

32 L

 

Source: Wikimedia Commons

Tata Tigor

Tata Tigor is a budget sedan with stylish looks and affordable pricing, and is also available in electric version. The base model is available at an on-road price of Rs. 6.48 Lakhs with an insurance cost of Rs. 18000 onwards.

Category

Details

Fuel Type

Petrol and CNG

Capacity

1199 cc

Valves and Cylinders

3 cylinders with 4 valves each

Maximum Power

72.40 bhp @ 6000 rpm

Maximum Torque

95 nm @ 3500 rpm

Gearbox Type

Five speed

Transmission

Manual and AMT

Bharat Stage Standard

BS 6

Mileage

20.3 kmpl

Fuel Tank (size)

35 L

 

Source: Wikimedia Commons

Renault Kwid

The French car maker is known for its aggressive pricing in India and all variants of the Kwid fall under our discussed budget, making it an ideal “Rs. 7 Lakh car”. The on-road price range (Delhi) is between Rs. 4.75 Lakh to Rs. 6.42 Lakh with cost of insurance for as low as Rs. 11000 onwards.

Category

Details

Fuel Type

Petrol

Capacity

799 to 999 cc

Valves and Cylinders

3 cylinders with 4 valves each

Maximum Power

67 bhp @ 5500 rpm

Maximum Torque

91 Nm @ 4250 rpm

Gearbox Type

Five speed

Transmission

Manual and AMT

Bharat Stage Standard

BS 6

Mileage

20.71 to 22 kmpl

Fuel Tank (size)

28 L

 

Source: Wikimedia Commons

Hyundai Santro

Hyundai Santro is the ‘old man’ in this club and has returned with a complete overhaul that includes new design and features. The price range starts at Rs. 5.46 Lakh onwards with a higher price for the CNG version. Insurance can be purchased at Rs. 12500 onwards for petrol and Rs. 16000 onwards for CNG variants.

Category

Details

Fuel Type

Petrol and CNG

Capacity

1086 cc

Valves and Cylinders

3 cylinders with 4 valves each

Maximum Power

68.05 bhp @ 5500 rpm

Maximum Torque

99.04 Nm @ 4500 rpm

Gearbox Type

Five speed

Transmission

Manual and AMT

Bharat Stage Standard

BS 6

Mileage

20 to 30 km/kg

Fuel Tank (size)

35 L

 

Source: Wikimedia Commons

Datsun Go

Datsun Go is a no-frills compact SUV which provides reliable performance and adequate comfort at a very affordable price range of Rs. 4.62 Lakh to Rs. 7.21 Lakh with an insurance cost upwards of Rs. 17500.

Category

Details

Fuel Type

Petrol

Capacity

1198 cc

Valves and Cylinders

3 cylinders with 4 valves each

Maximum Power

76.43 bhp @ 6000 rpm

Maximum Torque

104 Nm @ 4400 rpm

Gearbox Type

Five speed

Transmission

Manual and Auto (CVT)

Bharat Stage Standard

BS 6

Mileage

19.02 to 19.59 kmpl

Fuel Tank (size)

35 L

Conclusion

While we have aimed to provide you with a comprehensive list of top cars under Rs. 7 Lakhs, there may be other models that you may wish to consider. The car buying process should be a carefully planned and researched one in order to ensure a smooth user experience. As you must be aware, the Indian Motor Act mandates the purchase of car insurance cover for all vehicles in India, old or new. But don’t worry, buying insurance is a simple and hassle-free process that can be conveniently done at Finserv MARKETS. Here, you can compare between the features of different policies, select suitable add-ons and make online payments as well. 

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FAQs on Best Cars Under 7 lakhs

  • ✔️What is road tax and is it mandatory?

    The Road Tax is a cost added to the purchase of a new vehicle which is levied by each state in India. This is one of the big reasons why the on-road price for vehicles varies across different states. Yes, it is a mandatory charge and needs to be paid by the buyer.

  • ✔️Can I buy an SUV car below Rs. 7 Lakh?

    Yes, indeed. There are several SUVs that come in lower variants which are well under Rs. 7 Lakh. Renault Kiger, Hyundai Venue, Nissan Magnite are just a few of the examples.

  • ✔️What is Zero Dep in car insurance?

    Zero Depreciation is a very useful add-on that can be added over your base insurance plan. It will allow you to claim the entire cost of part replacements of your car in case of an accident without any age-related deductions. This add-on comes at an additional cost.

  • ✔️What kind of information do I need to provide to buy insurance?

    In today's time, people are encouraged to buy online insurance since it is quick and convenient. If you choose to buy insurance at Finserv MARKETS, then all you need to provide is some basic personal information for KYC and relevant car details such as registration number, make and model etc.

  • ✔️Is it possible to get an estimate before actually buying insurance?

    Yes, of course. By entering some very basic information, you can easily receive premium quotes and estimates, which will help you make your final insurance buying decision. Just click on this link to use the online car insurance premium calculator.

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