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Created on:

11 Jul 2024

Last Updated on:

03 Apr 2025

Best cars in India under 5 Lakhs: Top picks and recommendations.

Buying a car under 5 lakhs: Best options in India

Cars under 5 lakhs are a magical number for many Indians for they get a car that they have always wanted at a relatively affordable price. Fortunately, there are lots of great cars to choose from that come within this price range that guarantees good fuel economy, reasonable levels of power, decent legroom and some nice features.

Best car to buy under 5 lakhs in India

Some of the cars that one can consider when shopping for cars under 5 lakhs are listed below. Here's an overview of each:

Maruti Alto K10

The Alto K10 falls in the list of the best-selling entry-level cars in India due to its turbocharged 1.0L K-series petrol engine, fuel efficiency of approx 24 km/l, small size making it perfect for city commute and of course, the advantage of the Maruti Suzuki network. It costs between 3,80,000-4,30,000 INR. To ensure complete protection for your Alto K10, consider Maruti Car Insurance for comprehensive coverage against damages and unforeseen incidents.

Maruti Alto 800

Another main rival in the entry-level hatchback category is the Alto 800 which has a 796cc engine with a power output of 47 HP, can comfortably accommodate 4-5 members of the family and has the features such as availability of a number of accessories and additional items when purchasing the car. Alto 800 is budget conscious and costs about Rs 3-4.5 lakhs.

Renault KWID

Renault’s newest offering is this striking hatchback that has received SUV inspired treatment; moreover, it boasts features like a first in segment 7- inch infotainment screen and digital instrument cluster. Further extending its versatility, the car is available in manual and AMT options; the KWID offers an ARAI certified mileage of around 22 km/kg. Renault KWID is a subcompact car with a price range of Rs. 3-5 lakhs.

Bajaj Qute (RE60)

The Bajaj Qute is another 4-wheeler from the Indian manufacturer Bajaj that is classified as one of the best cars under 5 lakhs with a design for urban transport for up to 3 passengers. It has a top speed of 70 km/hr and has a 218 cc, diesel rear mounted engine which offers good mileage besides having a spirited engine. Bajaj Qute price begins from Rs 2.5 lakh onwards.

Strom Motors R3

This is an electric 4-seater car with speeds of 60km/hr and with a range of 80 kms fully charged which is ideal for city travel. A perfectly eco-friendly urban transport that features a zero-emission electric motor and, thus, nearly negligible operating expenses, the innovative Strom R3 car can be leased for Rs 3,500 per month or purchased for Rs 3-4 lakhs.

Conclusion

In a bid to shield one’s prized car possession against any form of risks which may occur, it is always recommended to have a complete car insurance from Zurich Kotak General Insurance. Their car insurance plans cover almost everything that may happen like accidents, theft, fire and natural calamities while having additional features like Depreciation cover, Engine Protect etc. thus minimising any financial loss.


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Team Zurich Kotak GIC

The content of this blog has been created and carefully reviewed by the esteemed team at Zurich Kotak General Insurance, with the sole purpose of providing valuable guidance and sharing insights on the importance of general insurance. Our objective is to assist users in making informed decisions when purchasing or renewing insurance policies for their cars, bikes, and health. Our expertly curated information aims to empower our readers with the knowledge they need to protect their valuable assets and financial interests.

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