Budget tends to be a constraint for many while choosing the perfect car to fit their requirements. However, India has quite the diverse market when it comes to automobiles, with dependable and quality vehicles available aplenty.

If you are currently looking for the best budget cars in India, you have stumbled on to the right place!

Here, we list the most popular pocket-friendly vehicles currently available in the Indian market. To simplify matters further, we have also divided the list into two budget segments – vehicles below Rs.3 lakh and those between Rs.3 lakh and Rs.5 lakh.

So, if you think you can’t afford a car at present, think again!

Best Budget Cars in India under 3 lakh

Keeping this in mind, here are some cars that you can purchase with a budget of under Rs.3 lakh, with superior performance guaranteed.

1. Bajaj Qute

Available in both petrol and CNG variants, the Qute from Bajaj justifies its name, along with maximum fuel efficiency. If you are searching for an economical ride, this is the ideal choice.

This small vehicle can generate a maximum power of 10.8bhp and a torque of up to 16.1Nm.

  • Mileage – 35kmpl
  • Engine Displacement – 216cc
  • Price – Rs.2.48 lakh

2. Datsun Redi-GO

The Datsun Redi-Go is another hatchback in this list of the best budget cars in India.

Arriving in manual and automatic variants, this vehicle also offers two engine displacements to choose from – 799cc and 999cc.

The max torque output from the car is 91Nm while the peak power output is 67bhp. Its fuel tank capacity is 28 litres.

  • Mileage – 22.7kmpl
  • Engine Displacement – 799cc
  • Price – Rs.2.79 lakh
  • Awards – It was named the NDTV Small Car of the Year in 2017. (2)

3. Renault Kwid

Your search for affordable cars in India may also lead you to the Renault Kwid. Sporting a 28-litre fuel tank, the car is powered by MPFi, DOHC 5-speed engine, capable of producing a torque of 91Nm.

When it comes to the power rating, you can look forward to a max output 67bhp. Additional features include a 279-litre boot space.

  • Mileage – 25.17kmpl
  • Engine Displacement – 799cc
  • Price – Rs.2.92 lakh
  • Awards – It was awarded the prestigious Car of the Year Award at the NDTV Awards of 2016. (3)

4. Maruti Alto 800

You cannot go wrong if your choice for a budget-friendly vehicle is the Maruti Alto 800.

One of the most popular hatchbacks in India since its launch, the Alto 800 is equipped with a 3-cylinder, 5-speed, manual engine. Variants include petroleum and CNG models.

You can expect maximum power and torque of around 40bhp and 60Nm, respectively.

  • Mileage – 22.05kmpl
  • Engine Displacement – 796cc
  • Price – Rs.2.94 lakh
  • Awards – Named Entry Hatchback of the Year at the 2013 NDTV Car and Bike Awards. 

Best Budget Cars in India – between 3 lakh and 5 lakh

The vehicles listed below will cost you no more than Rs.5 lakh but come with advanced technologies, styling and other handy features.

5. Maruti S-Presso

Another Maruti offering in this list of the most affordable cars in India, the S-Presso is fitted with the K10B petroleum engine, which sports MPFi fuel injection system and three cylinders.

Furthermore, the car features manual and automatic transmission systems, although the former variant can cost you a marginally higher. Peak power and torque ratings are 67bhp and 90Nm, respectively.

  • Mileage – 21.4kmpl
  • Engine Displacement – 998cc
  • Price – Rs.3.7 lakh
  • Awards – Winner of Hatchback of the Year Award at the Tech and Auto Awards in 2019.

6. Maruti Eeco

If you aren’t searching for a hatchback, but are instead looking for something bigger within this budget, the Maruti Eeco is one of the most affordable options.

This minivan is powered by a G12B engine. Although the base variant seats five people at once, the availability of space ensures plenty of room for head and legs.

Further, you can haul a substantial amount of baggage, using its 275-litre boot space.

  • Mileage – 16.11kmpl
  • Engine Displacement – 1196cc
  • Price – Rs.3.8 lakh

7. Maruti Celerio

Next, you have the Celerio from Maruti Suzuki. Another family hatchback car, the Celerio sports a 5-speed gearbox and 3-three cylinder engine.

This engine is capable of generating power at more than 67bhp. Its torque rating is 90Nm at 3500rpm.

You can choose either the automatic variant or the manual transmission mode, as per your preference.

  • Mileage – 21.63kmpl
  • Engine Displacement – 998cc
  • Price – Rs.4.41 lakh
  • Awards – In 2015 World auto forum, Maruti Celerio was recognised with a Best Innovation award. (7)

8. Maruti Wagon R

If you are looking for the best budget cars in India, the chances are that the Maruti Wagon R is already on your list of potential options.

The Wagon R epitomises quality and affordability, all rolled into one. One of India’s favourite vehicles, the Wagon R sports a K12M petrol engine, generating a peak torque of 113Nm and max power of 81bhp.

Once again, manual and automatic variants are available for consumers.

  • Mileage – 21.79kmpl
  • Engine Displacement – 998cc
  • Price – Rs.4.45 lakh

9. Hyundai Santro

Hyundai offers an affordable and popular vehicle in this budget segment in the form of the Santro.

You can choose between a petroleum variant and a CNG version, as per your preference. The 1.1-litre petrol engine sports 4 cylinders and MPFi.

Its maximum torque output is 99Nm, while peak power is limited to 68bhp. The manual model comes with a 5-speed gearbox.

  • Mileage – 20.3kmpl
  • Engine Displacement – 1086cc
  • Price – Rs.4.57 lakh
  • Awards – It became the first Indian vehicle to be nominated in the top three vehicles of the World Car of the Year Award in 2019. (9)

10. Tata Tiago

Tata’s budget hatchback offering, the Tiago sports some truly impressive specs. Under the hood, it is powered by the company’s Revotron petroleum engine, fitted with a 5-speed manual transmission.

You can expect the vehicle to generate around 84bhp of power under ideal conditions. Similarly, it can produce a torque of about 113Nm at its peak.

  • Mileage – 20kmpl
  • Engine Displacement – 1199cc
  • Price – Rs.4.6 lakh
  • Awards – This vehicle won the Compact Car of the Year Award at the 2017 CNBC-TV18 Overdrive Awards.

These are just 10 of the most affordable cars in India. You can consider countless others from various manufacturers within this budget.

However, keep in mind that the list above only considers the ex-showroom price in Delhi. Therefore, exact prices may vary, based on your city.

Nevertheless, budget should not constrain your car purchase any longer. With such a diverse range of vehicles present, there is absolutely no dearth of options.

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