Mahindra Thar OG on-road price in Ludhiana, Punjab (2026)

A Mahindra Thar OG costs ₹11,96,918 to ₹22,47,338 on the road in Punjab, from the AXT 1.5 Diesel MT to the ZXT 2.2 Diesel AT 4WD. Every trim is itemised below: road tax, insurance, TCS where it applies, and registration, plus what it costs on the road over the trim below it and whether the equipment it adds covers that. Punjab is the 19th cheapest of the 36 states we cover for this car: ₹67,080 more than Dadra and Nagar Haveli and Daman and Diu on the same AXT 1.5 Diesel MT, and ₹97,698 less than Karnataka.

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Mahindra Thar OG — manufacturer photograph
Photograph: Mahindra. Shows the Mahindra Thar OG. Road tax is banded on ex-showroom price, so it differs by trim — the table below prices every one.
Punjab

All 15 trims, on-road

VariantEx-showroomOn-road
AXT 1.5 Diesel MT₹10,32,000₹11,96,918
LXT 1.5 Diesel MT+₹3,08,865 over AXTPricey₹12,99,000₹15,05,783
ZXT 1.5 Diesel MT+₹1,15,680 over LXTFair upgrade₹13,99,000₹16,21,463
LXT 2.0 Turbo Petrol AT₹14,76,500₹17,11,116
ZXT 2.0 Turbo Petrol AT+₹1,93,500 over LXTFair upgrade₹16,09,000₹19,04,616
LXT 2.2 Diesel AT₹16,49,000₹19,51,888
ZXT 2.2 Diesel AT+₹1,18,180 over LXTFair upgrade₹17,49,000₹20,70,068
LXT 2.0 Turbo Petrol MT 4WD₹15,59,500₹18,46,117
ZXT 2.0 Turbo Petrol MT 4WD+₹1,18,771 over LXTFair upgrade₹16,60,000₹19,64,888
LXT 2.0 Turbo Petrol AT 4WD₹17,22,500₹20,38,751
ZXT 2.0 Turbo Petrol AT 4WD+₹62,044 over LXTWorth it₹17,75,000₹21,00,795
LXT 2.2 Diesel MT 4WD₹16,42,500₹19,44,207
ZXT 2.2 Diesel MT 4WD+₹1,25,861 over LXTFair upgrade₹17,49,000₹20,70,068
LXT 2.2 Diesel AT 4WD₹17,99,500₹21,29,749
ZXT 2.2 Diesel AT 4WD+₹1,17,589 over LXTFair upgrade₹18,99,000₹22,47,338

*Estimated on-road, Punjab, from the Delhi ex-showroom price · Prices checked Nov 2026

Is the dearer Thar OG worth it in Punjab?

The best-covered upgrade on this car is LXT 2.0 Turbo Petrol AT 4WD to ZXT 2.0 Turbo Petrol AT 4WD. In Punjab that costs ₹62,044 more on the road — against ₹52,500 ex-showroom, because road tax is banded on the sticker price — and it adds ₹93,575 of equipment we price, 178% of the ex-showroom rise.

Line-by-line: AXT 1.5 Diesel MT

Drive-away cost

AXT 1.5 Diesel MT

diesel · manual · Punjab

Ex-showroom price
₹10,32,000
RTO road taxPunjab slab for diesel, plus a 0.18% cess charged on ex-showroom
₹99,898
Insurance (comprehensive)1-yr own damage (zero dep) + 3-yr third party, incl. GST
₹51,600
TCS1% above ₹10 L ex-showroom — adjustable against income tax
₹10,320
Registration & FASTagOne-off RTO registration fee, HSRP plates and the FASTag tag
₹1,200
Hypothecation & handling₹1,500 hypothecation endorsement and ₹400 miscellaneous — charged on the invoice whether or not the car is financed
₹1,900
On-road, Punjab₹11,96,918
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Estimate. Road tax slabs checked September 2026; insurance premiums vary by insurer and dealer handling charges are not included.

Mahindra Thar OG on-road price in Ludhiana and across Punjab

These are the figures for every city in Punjab. Road tax is set by the state, not the city, so the AXT 1.5 Diesel MT costs the same ₹11,96,918 to put on the road in Ludhiana as it does in Amritsar. The only thing that moves between showrooms is the dealer handling charge, which is not a published figure — so it is not in any total on this page.

  • Ludhiana
  • Amritsar
  • Bathinda
  • Jalandhar
  • Mohali
  • Patiala

What Punjab charges

Punjab bands the rate by ex-showroom price, from 9.5% to 12%. The AXT 1.5 Diesel MT pays ₹98,040 of road tax on its ₹10,32,000 ex-showroom price, plus ₹1,858 of cess — the ₹99,898 the table shows. That cess is 0.18% of ex-showroom, and we bill it because it appears at exactly that rate on every invoice we checked, in all 36 states and union territories. We have not found the notification that sets it, so we describe it rather than name it.

Ex-showroom bandPetrolDieselCNG
Up to ₹15,00,0009.5%9.5%9.5%
Above ₹15,00,00012%12%9.5%

The tax boundary to watch in Punjab

Punjab re-rates the whole price once a car crosses a band, so a small move up the range can cost several times its ex-showroom difference. On the Mahindra Thar OG, 2 variants do this.

  • ZXT 1.5 Diesel MT → LXT 2.2 Diesel MT 4WD

    ₹2,43,500 more ex-showroom becomes ₹3,22,744 more on the road — ₹79,244 of it from crossing the ₹15,00,000 line, where the rate goes from 9.5% to 12%.

  • LXT 2.0 Turbo Petrol AT → LXT 2.0 Turbo Petrol MT 4WD

    ₹83,000 more ex-showroom becomes ₹1,35,001 more on the road — ₹52,001 of it from crossing the ₹15,00,000 line, where the rate goes from 9.5% to 12%.

Worth knowing before you pick a trim: our verdict on whether the equipment justifies the gap is based on the ex-showroom difference, and in Punjab these upgrades cost more than that.

Mahindra Thar OG on-road price in Punjab: common questions

How much is road tax on a Mahindra Thar OG in Punjab?
₹99,898 on the AXT 1.5 Diesel MT and ₹2,31,298 on the ZXT 2.2 Diesel AT 4WD. Punjab bands the rate by ex-showroom price, from 9.5% to 12%.
What is the on-road price of the Mahindra Thar OG AXT 1.5 Diesel MT in Punjab?
₹11,96,918. That is ₹10,32,000 ex-showroom, ₹99,898 road tax, ₹51,600 insurance, ₹10,320 TCS and registration. The full range runs to ₹22,47,338 for the ZXT 2.2 Diesel AT 4WD.
Is the Mahindra Thar OG cheaper in Dadra and Nagar Haveli and Daman and Diu than in Punjab?
Yes, by ₹67,080 on the AXT 1.5 Diesel MT. Dadra and Nagar Haveli and Daman and Diu is the cheapest of the 36 states we cover and Punjab ranks 19. Registering in another state only helps if you actually live there — road tax follows the address on the registration.
What is the Mahindra Thar OG on-road price in Ludhiana?
₹11,96,918 for the AXT 1.5 Diesel MT, rising to ₹22,47,338 for the ZXT 2.2 Diesel AT 4WD — the same as anywhere else in Punjab. Road tax is set by the state, so the on-road total in Ludhiana is identical to Amritsar. Only dealer handling charges vary between showrooms, and those are not a published figure, so we leave them out.
Which Mahindra Thar OG variant crosses a tax band in Punjab?
The move from the ZXT 1.5 Diesel MT to the LXT 2.2 Diesel MT 4WD. It is ₹2,43,500 more ex-showroom but ₹3,22,744 more on the road, because crossing ₹15,00,000 moves the whole price from 9.5% to 12%.

Mahindra Thar OG on-road price in other states

Not sure which applies to you? See all 36 states on one page.