Car On-Road Price Calculator 2026

Calculate state-wise car on-road price breakdown (Ex-showroom, RTO road tax, Insurance, TCS) and monthly car loan EMI

Car & Loan Inputs

Ex-Showroom Price of Car

₹

₹3.00 L₹1.00 Cr

Fuel / Engine Type

State RTO Tax Rate (%)

4%20%

Down Payment Amount

₹

₹0₹10.00 L

Loan Interest Rate (% p.a.)

5%20%

Loan Tenure (Years)

Yrs

1 Yr7 Yrs

Estimated Total On-Road Price: ₹11.38 L

Monthly Car Loan EMI: ₹19,234 / month; For loan amount of ₹9.38 L over 5 years

Ex-Showroom Price: ₹10.00 L
RTO Road Tax: ₹1.00 L
Motor Insurance: ₹35,000
Total Interest: ₹2.17 L

On-Road Cost Components & Breakdown

Cost Head	Details / Description	Amount (₹)
Ex-Showroom PriceBase manufacturer cost including GST and cess	Base manufacturer cost including GST and cess	₹10.00 L
RTO Road TaxState Road Tax (10%) for PETROL	State Road Tax (10%) for PETROL	₹1.00 L
Motor Insurance1-Year Own Damage + 3-Year Third Party mandatory cover	1-Year Own Damage + 3-Year Third Party mandatory cover	₹35,000
FASTag & Registration FeesNumber plate, FASTag issuance, and registration logistics	Number plate, FASTag issuance, and registration logistics	₹2,500
Total On-Road PriceEx-showroom + RTO + Insurance + TCS + FASTag	Ex-showroom + RTO + Insurance + TCS + FASTag	₹11.38 L

Total Ownership Outlay Breakdown

Car On-Road Price & Loan EMI Formula & Live Calculation

Standard Formula

On-Road Price = Ex-Showroom + RTO Tax + Insurance + TCS + FASTag

Live Calculation (Plugging Your Values)

Ex-Showroom Price (E):₹10.00 L

RTO Road Tax (R):₹1.00 L

Comprehensive Car Insurance (I):₹35,000

TCS (Sec 394, earlier 206C(1F), > ₹10L) (T):₹0

FASTag & Registration Fees (F):₹2,500

Car Loan Required (P):₹9.38 L

Substituted Equation:

On-Road = ₹10.00 L + ₹1.00 L + ₹35,000 + ₹0 + ₹2,500

Total On-Road Price:₹11.38 L

Car loan EMI is computed on Net Financed Amount (`On-Road Price − Down Payment`) of ₹9.38 L over 5 years at 8.5% p.a. yielding monthly EMI of ₹19,234 / month.

About Car On-Road Price Calculator

The ex-showroom price is the price on the dealer's list for your variant. The on-road price is what you pay to drive the car away: the ex-showroom price plus road tax and registration at the RTO, motor insurance and smaller charges such as the FASTag. The road-tax rate depends on where the car is registered, so it is often the biggest difference between two quotes for the same car.

This calculator adds to the ex-showroom price the road tax at the rate you enter, insurance at a flat 3.5% of the ex-showroom price, a fixed ₹2,500 for FASTag, number plate and registration, and 1% TCS when the ex-showroom price is above ₹10 lakh. It then works out the EMI on the on-road price less your down payment. Insurance and the fixed charge are estimates, not quotes, and accessories, extended warranty and dealer discounts are not included.

How it Works

The calculator takes these inputs:

Ex-showroom price: the dealer's list price for the variant you want.
State RTO tax rate and fuel type: the page holds no state's road-tax rate, so enter the rate that applies to this car where you will register it. The fuel type labels the road-tax line but does not change the rate.
Down payment: what you pay upfront; the rest of the on-road price is the loan.
Loan interest rate and tenure: the yearly rate your lender quotes, and a term of 1 to 7 years.

Why use this calculator

The full cost up front: see every charge between the ex-showroom and the on-road price before you visit the dealer.
Your own road-tax rate: set the rate for your state and car instead of relying on someone else's figure.
EMI on what you borrow: the loan is the on-road price less your down payment, not the ex-showroom price.
TCS on its own line: when it applies, the 1% TCS gets its own line in the breakdown, so you can see what it adds to the on-road price.
A link you can share: it keeps the price, fuel type, RTO rate, down payment, interest rate and tenure.

References

How these numbers are checked →

Car On-Road Price & Loan EMI FAQs

What is the difference between Ex-Showroom Price and On-Road Price?

Ex-Showroom price is the base manufacturing price set by car makers. On-Road price is the final mandatory cost required to legally drive the car, adding state RTO road tax, motor insurance, TCS tax (if >₹10L), FASTag, and registration charges.

How is state RTO road tax calculated on new cars in India?

Road tax is a state levy, charged as a percentage of the ex-showroom price and paid once at registration. It runs from about 4% to 20% depending on the state, the fuel type and the price bracket, which is why the same car costs noticeably more in Karnataka or Maharashtra than in Delhi or Chandigarh. Most states charge a higher rate above ₹10,00,000, many discount CNG, and several waive it entirely on electric vehicles.

Why is 1% TCS tax added on cars costing over ₹10 Lakhs?

Under section 394 of the Income-tax Act, 2025 (earlier section 206C(1F)), the seller must collect 1% Tax Collected at Source (TCS) when the sale consideration for a motor vehicle exceeds ₹10 lakh. This 1% TCS can be claimed as a tax credit when filing your ITR.

Is 3-year motor insurance mandatory for new cars in India?

Yes, per Supreme Court and IRDAI directives, all new private cars sold in India must carry a mandatory 3-year third-party insurance cover bundled with a 1-year own damage (OD) cover.

Can I get 100% on-road price financing for a car loan?

Some leading banks offer up to 100% on-road funding for salaried borrowers with high CIBIL scores (750+), though standard car loans typically finance 85% to 90% of ex-showroom price.

Why does the same car cost less in Delhi or Chandigarh than in Karnataka or Maharashtra?

Road tax is a state subject, so the same ex-showroom price attracts very different one-time levies. Karnataka charges among the highest at roughly 13% to 20% depending on price band, Maharashtra 11% to 13% with a further 2% on diesel, while Delhi is about 4% to 12.5% and Chandigarh lower still. On a Rs 15 lakh ex-showroom car the gap between Delhi and Bengaluru can exceed Rs 1.5 lakh on the on-road price, before insurance and registration.

Do I pay road tax again if I move states, and how does the refund work?

Yes. If you keep the vehicle in a new state for more than 12 months you must re-register it there and pay that state road tax afresh, after getting an NOC from the original RTO. You can then claim a proportionate refund of the unused portion from the first state using Form 16 with the original tax receipt and the new RC. In practice refunds are slow and partial. A BH series registration, available to eligible employees, avoids the whole problem by charging tax in two-year blocks valid nationwide.

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