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We have set the budget cap at Rs 20 Lakh (on-road Mumbai). Mahindra TharMahindra Thar is one of the best SUVs that you can buy under Rs 20 Lakh. You can get the top variant (GTX Plus 1.5 AT Dual Tone) of the Sonet for Rs 15.90 Lakh which falls well under Rs 20 Lakhs. MG HectorMG Hector is another great product that you can consider buying for under Rs 20 Lakh. This was our information on SUVs under Rs 20 Lakh.