The total registration cost to register a car in India includes charges for entering the car’s details in the relevant RTO. The fee imposed by the RTO, or Regional Transport Office, is an essential cost that automobile owners must pay to legally use their vehicles in India. These new car registration charges may vary from state to state, depending on the type of car and other factors. New car owners need to understand the amount required for registration so they can budget accordingly.
Road Tax in Maharashtra for Four Wheelers
Maharashtra road tax is a part of the car registration cost and is usually incorporated into the overall cost of vehicle registration. The road tax is determined by the price and age of the car, with age referring to how old the car is and type indicating whether it is a two-door or four-door vehicle. For new cars, the road tax is stipulated to be payable as a percentage of the ex-showroom price. It usually ranges from 7 percent to 15 percent for four-wheelers but may differ based on the fuel type and engine capacity.
Here’s a table that outlines the road tax rates for four-wheelers in Maharashtra:
|
Ex-showroom Price Range
|
LPG/CNG
|
Petrol Cars
|
Diesel Cars
|
|
Up to ₹10 lakh
|
7%
|
11%
|
13%
|
|
₹10 lakh to ₹20 lakh
|
8%
|
12%
|
14%
|
|
Above ₹20 lakh
|
9%
|
13%
|
15%
|
Aside from the road tax, there are other components in the new car registration cost, such as the registration fee, smart card fee, and service charges. These are slightly smaller than the road tax but are mandatory to finalise the registration process. The registration fee covers the processing and issuance of the registration certificate; the smart card fee is for the tamper-proof and recognised smart card cum registration certificate; and service charges may include administrative or handling charges.
Knowledge of these elements helps car buyers be well-prepared for the car registration charges, making the process easier and less complicated.
Conclusion
Registering a new car involves several costs, including car insurance and RTO registration. Understanding these formalities, especially the road tax in Maharashtra for four-wheelers, is essential. Completing the new car RTO charges ensures a smooth registration process and allows you to enjoy a new vehicle without legal compliance issues. Awareness of the total RTO registration cost prepares buyers financially.
Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the Insurance industry and products. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.