Get the Tata Capital App to apply for Loans & manage your account. Download Now


Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required

New Commercial Vehicle Financing

  • First time user
  • Retail and strategic Clients

Used Commercial Vehicle finance

  • Repurchase
  • Refinance
  • Top up
  • Balance Transfer

Tata Capital > Blog > Loan for Vehicle > Best Cars Under 20 Lakhs In India

Loan for Vehicle

Best Cars Under 20 Lakhs In India

Best Cars Under 20 Lakhs In India

Buying a brand-new car is a big decision for a person. It is a difficult one too, especially if you are in the market to buy an expensive car. The higher the vehicle's sticker price, the better looks, build quality and features it comes with. If you can shell out the hefty sum, you can easily get a premium car in 20 lakhs Rupees. So, it is a matter of only choosing which car fits your lifestyle and driving style.

Here is the list of best cars under 20 lakh in India:

1. Tata Safari 2022

Taking the first spot in our list of best cars under 20 lakhs, Tata Safari needs no introduction whether you are a motorhead or a casual car driver. The classic Tata Safari has been a popular SUV among younger as well as mature drivers. With the Safari 2022, Tata upgraded its classic SUV into a modern, feature-loaded 7-seater.

The Tata Safari 2022 edition takes cues from Land Rover's D8 platform, which is visible in the new bold yet elegant design. As for the interior, it is spacious and premium. You get touchscreen infotainment, a digital instrument cluster, a JBL sound system, and smartphone connectivity. The car also has hill hold, rollover mitigation, cruise control, and corner stability, making it the best car under 20 lakhs.

Tata Safari 2022 specifications:

  • Engine: 2.0-litre 4-cylinder diesel engine
  • Power: 168 bhp and 350 Nm torque
  • Transmission: 6-speed manual/automatic
  • Mileage: 14 to 16 km/l
  • Available variants: 9
  • Price: Rs 15.35 and Rs 23.56 lakh

2. Kia Seltos

The second-best car under 20 lakh in India on our list is Kia Seltos. Kia is a relatively new player in the Indian automobile market. However, with Seltos, Kia's debut car in India, it has become a mainstay in the mid-size SUV segment. More than 3 lakhs sold in just 3 years is a testament to Kia's success.

Seltos' design is very fresh and unique for the Indian market. It features a tiger-nose grille, all its headlamps, fog lamps, indicators, and DRS are LED, and machined-cut alloy wheels give it a sporty look. The interior includes comfortable seats, an infotainment system with connected car features, Bose sound system. To top everything off, there is also a sunroof. Seltos is a value-for-money vehicle and one of the top cars under 20 lakhs you can get.

Kia Seltos specifications:

  • Engine: 1.5-litre petrol, 1.4 and 1.5-litre diesel
  • Power: 113 to 138 bhp 
  • Transmission: 6-speed manual/automatic, 7-speed automatic
  • Mileage: 14 to 16 km/l
  • Available variants: 19
  • Price: Rs 10.49 to Rs 18.65 lakhs

3. Hyundai Creta

Hyundai Creta is the third spot in the list of best cars under 20 lakhs. Hyundai has compelling products in different automobile segments in the country, whether hatchbacks or sedans. With Creta, Hyundai is dominating the compact SUV market as well. 

On the exterior, Hyundai Creta features split headlamps and cascading grille, while at the rear, it has skid plates and tail lamps. You get the glossy black centre console, infotainment system, connected car tech, and ambient lighting in the interior. The seats are comfortable, with ample leg support and the boot is quite spacious. The balance of cosmetics and features makes the Hyundai Creta the best 5-seater car under 20 lakh.

Hyundai Creta specifications:

  • Engine: 1.4 and 1.5-litre petrol, and 1.5-litre diesel engine
  • Power: 113 to 138 bhp and 143 to 250 Nm torque
  • Transmission: 6-speed manual/automatic, 7-speed automatic
  • Mileage: 17 to 21 km/l
  • Available variants: 27
  • Price: Rs 10.44 to 18.24 lakhs

4. Mahindra Thar 2020

The fourth eminent car under 20 lakhs is India's own Jeep Wrangler – the Mahindra Thar. It is an iconic 4X4 SUV with a fan base of both younger and mature customers. In 2020, Mahindra updated the Thar with new features and specifications, making it a compelling product in the current competitive SUV segment.

Mahindra Thar was built with off-roading in mind. It features a rugged body, 4-wheel drive, and mechanical braking. The interior has been updated with the latest tech, including an infotainment system, connected car features, and power windows. You also get ABS with EBD, parking sensors, stability control, etc., for a superior driving experience. However, it is a 4-seat off-roader, so it may not be an ideal daily driver or a family car. And that is why we rank it fourth in our list of top cars under 20 lakhs.

Mahindra Thar specifications:

  • Engine: 2.0-litre petrol and 2.2-litre diesel
  • Power: ~150 bhp, 300 to 320 Nm
  • Transmission: 6-speed manual/automatic
  • Mileage: 15.2 km/l
  • Available variants: 10
  • Price: Rs 13.59 to 16.29 lakhs

5. Volkswagen Virtus

The fifth car on our list of best cars under 20 lakhs is Volkswagen Virtus, the only sedan to feature on this list. It is a brand-new vehicle from the maker replacing its 10-year-old sedan, the Vento. But unlike Vento, the Virtus is bigger and better. There is more space inside, better performance under the hood, and a more assertive road presence. 

Volkswagen has equipped Virtus with LED projector headlamps, fog lamps, and chrome work on the front and rear bumper. You get a 10-inch infotainment system, a digital instrument cluster, and wireless phone charging in the interior. Also, the car has automatic climate control and ventilated seats, making Virtus the best sedan car under 20 lakhs.

Volkswagen Virtus specifications:

  • Engine: 1.0-litre 3-cylinder and 1.5-litre 4-cylinder
  • Power: 147.51 bhp and 250 Nm torque
  • Transmission: 6-speed manual/automatic, 7-speed automatic
  • Mileage: ~18 km/l 
  • Available variants: 6
  • Price: Rs 13.59 to 16.29 lakhs

6. Mahindra XUV 700

The last car on our list of leading cars under 20 lakhs is an SUV from Mahindra, the XUV 700. It comes with a 5-seat and a 7-seat configuration. The SUV features Mahindra's brand-new platform with monocoque that is 80% harder than the XUV 500. Yet, the car is not heavy due to the use of lightweight steel and light components. The car has a lower ride height, much cleaner lines, and a muscular design.

XUV 700's front looks bold because of the new twin-vertical bars grille that bends and merges with the headlights. The rear end of the car has arrow-shaped tail lights. The interior is spacious, with comfortable seats. The dashboard has an all-digital instrument cluster and touchscreen infotainment system. As for features, the car has a wireless smartphone charger, Sony 3d audio system, and connected car technology. 

Mahindra XUV 700 specifications:

  • Engine: 2.0-litre petrol and 2.2-litre diesel
  • Power: 182 bhp and 450 Nm torque
  • Transmission: 6-speed manual/automatic
  • Mileage: 13 to 14.65 km/l
  • Available variants: 23
  • Price: Rs 13.45 to 24.95 lakhs

To conclude

These were some of the best cars under 20 lakhs in India you can buy right now. If you want any of these cars for cheaper, you will get great deals in the second-hand car market. You can even finance your second-hand car with a used car loan. We at Tata Capital offer used car loans of up to Rs 50 lakhs at attractive interest rates and flexible tenure. Visit the Tata Capital website to know more.

Leave a Reply

Your email address will not be published. Required fields are marked *