Best electric cars under ₹20 lakh: Buying an electric car under ₹20 lakh in India in 2026 is no longer a risky decision. It is now practical, affordable, and smart. With petrol prices staying above ₹100 per litre and charging stations growing across the country, EVs are becoming a common sight on Indian roads.
If you are looking to save money on fuel, reduce maintenance costs, and drive a modern, feature-packed car, this guide will help you understand the best electric cars under ₹20 lakh, along with their price, range, charging cost, and government benefits.
Indian EV Market in 2026: What’s Changed?
India’s electric vehicle market has grown fast in the last few years. Today, buyers have more choices, better battery range, and improved technology.
Leading the market is Tata Motors, but strong competition has come from Maruti Suzuki and Mahindra & Mahindra with their new electric SUVs.
Major Trends in 2026
1. Indians Prefer Electric SUVs
More than 70% of EV buyers now choose SUVs. They offer better space, road presence, and comfort for families.
2. Charging Stations Are Everywhere
India now has over 30,000 public charging points. Highways and metro cities have fast chargers, making long drives easier.
3. Lower Upfront Cost
New buying models and government support have made electric cars more affordable than before.
Best Electric Cars Under ₹20 Lakh in India
Here are the top electric cars you can buy within this budget in 2026:
1. Tata Punch EV
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Price: ₹9.99 lakh – ₹14.50 lakh
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Range: Up to 421 km
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A compact and affordable option for city driving.
2. MG Windsor EV
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Price: ₹13.50 lakh – ₹18.39 lakh
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Range: Up to 449 km
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Known for its spacious cabin and premium feel.
3. Tata Nexon EV
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Price: ₹12.49 lakh – ₹17.49 lakh
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Range: Up to 489 km
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A balanced option with good safety and performance.
4. Maruti Suzuki e Vitara
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Price: ₹10.99 lakh – ₹17.26 lakh
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Range: Up to 543 km
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Great for those who trust Maruti’s service network.
5. Mahindra BE 6
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Price: ₹18.90 lakh – ₹19.99 lakh
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Range: 557 km
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Long-range option with bold styling.
6. Hyundai Creta EV
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Price: ₹18.02 lakh – ₹19.90 lakh
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Range: Around 510 km
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Premium features with strong brand value.
(Prices are ex-showroom and may vary by city.)
Real-World Range: Can You Travel Far?
Modern EVs in 2026 are much better than before.
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City Driving: Most entry-level EVs easily give 200–300 km in real-world city use.
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Highway Driving: Larger battery EVs like the e Vitara and BE 6 can deliver 400+ km on highways.
Battery technology has improved, and most EV batteries now retain over 90% health even after 5 years.
Charging Cost vs Petrol Cost
This is where electric cars save the most money.
Home Charging
Electricity cost: ₹7–₹10 per unit
Full charge cost: ₹350–₹450
Cost per km: ₹1.10 – ₹1.50
Petrol Car Cost
Petrol price: Around ₹105 per litre
Cost per km: ₹6.50 – ₹8.00
This means an electric car under ₹20 lakh in India can reduce your running cost by almost 70–80%.
Maintenance Cost: Much Lower Than Petrol Cars
Electric vehicles have fewer parts compared to petrol cars.
There is:
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No engine oil
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No clutch
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No spark plugs
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No gearbox maintenance
Service Cost Comparison
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Petrol SUV: ₹8,000 – ₹12,000 per year
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Electric SUV: ₹2,000 – ₹3,500 per year
Also, regenerative braking helps brakes last longer. Over 5 years, you can save thousands in maintenance.
Government Benefits in 2026
The government is strongly supporting electric vehicles.
Lower GST
EVs attract only 5% GST, compared to 28% on petrol cars.
Road Tax Benefits
Many states offer 0% road tax for EVs.
PM E-Drive Scheme
This new scheme supports buyers and helps expand fast charging infrastructure.
Income Tax Benefit
Under Section 80EEB, you may get tax benefits on loan interest for EV purchase.
These benefits make buying an electric car under ₹20 lakh in India even more attractive.
Final Thoughts: Should You Buy an Electric Car Under ₹20 Lakh in India?
In 2026, electric cars are practical, affordable, and future-ready. With better battery range, lower charging cost, minimal maintenance, and government incentives, EVs clearly make financial sense.
If you want a safe all-rounder, the Tata Nexon EV is a strong choice. If you want comfort and space, the MG Windsor EV works well. If reliability and resale value matter most, the Maruti Suzuki e Vitara is worth considering.
The truth is simple: choosing an **electric car
