Keep in mind that liquor prices are heavily regulated and can vary significantly from state to state. A price that is “under ₹500” in one city might be slightly over in another, but the following are generally the most reliable and highly-rated choices in this budget for a 750ml bottle (or close to that price range for a full bottle):
🥃 The Budget Rum Champions (Under ₹500)
| Rum Brand | Type | Tasting Notes (General) | Notes on Price/Availability |
| Old Monk XXX Rum | Dark (Aged Vatted) | Vanilla, molasses, caramel, and a hint of spice. Very smooth for the price. | Often considered the king of budget Indian rum. Availability is excellent across India. The 750ml bottle price is frequently at or very close to the ₹500 mark. |
| McDowell’s No. 1 Celebration Rum | Dark | Sweet notes, strong molasses, and a wood-aged character. | A massive seller. Known for being quite versatile for mixers. Highly reliable budget option. |
| Old Port Deluxe Matured Rum | Dark | A slightly sweeter profile, often with a subtle hint of fruit or chocolate. | A great alternative to the other two, particularly in South India where it’s very popular. Excellent value for money. |
| Contessa XXX Rum | Dark | Known for its distinctive smoothness, especially in the context of budget rums. | A popular choice, especially among defense personnel in India, often cited as a very smooth mixer. |
📝 A Few Quick Tips
- Dark Rum Dominates: In the sub-₹500 bracket, you will overwhelmingly find dark (or black) rums. White rums of good quality typically start at a slightly higher price point in India.
- Mixer is Key: At this price, these rums are best enjoyed mixed with cola, fruit juice, or soda, rather than neat or on the rocks.
- Check the State Price: The price point of ₹500 is a general guideline. Always check the official price list in your specific state (e.g., Delhi, Goa, Maharashtra) before heading out.