Best Formal Shoes for Men Under ₹500 in India

10 formal shoes for men listings under ₹500, starting at ₹358. They are ordered by buyer rating and the number of buyers who rated them, which is what “best” means here. We have not tested these products. Prices were last checked on 26 August 2026; each product page shows the date for its own price.

Formal Shoes for Men under ₹500 on Amazon

Top 10 formal shoes for men under ₹500

#ProductPrice
1AJANTA Loafer Shoes, Lightweight Moccasin for Office & Casual, Waterproof Loafers For Men★ 4.0 · 2,597 buyers · Flipkart₹359
2action DOTCOM OFFICE-84 Trendy Comfortable Durable comfortable Formal Lace-Up Derby For Men★ 4.1 · 380 buyers · Flipkart₹404
3Zavier Oxford For Men★ 4.0 · 102 buyers · Flipkart₹432
4action DOTCOM OFFICE-02 Trendy Comfortable Durable comfortable Formal Lace-Up Derby For Men★ 3.9 · 67 buyers · Flipkart₹485
5Groofer Groofer Mne,s best Fashion official Formal Shoes Lace Up For Men★ 3.9 · 18 buyers · Flipkart₹358
6VibeStep Men Black Formal Synthetic Leather Office Wear Shoes Slip On For Men★ 4.2 · 6 buyers · Flipkart₹468
7Foxkard Party Wear For Men★ 4.4 · 2 buyers · Flipkart₹423
8Averatto Office Shoes|Executive |Party Wear |Derby |Professional Oxford For Men(Q9932) Party Wear For Men★ 3.9 · 10 buyers · Flipkart₹448
9Dzirtoz Formal Dress Shoes II Formal Office Wear Shoes II Mocassin Slip On For Men★ 4.1 · 4 buyers · Flipkart₹428
10VibeStep Men Black Formal Loafer & Party Wear Comfortable Office Slip On Shoes Party Wear For Men★ 4.0 · 1 buyers · Flipkart₹473

All 10 formal shoes for men under ₹500

Common questions

Which is the best formal shoes for men under ₹500?
By buyer ratings, AJANTA Loafer Shoes, Lightweight Moccasin for Office & Casual, Waterproof Loafers For Men leads: 4.0 stars from 2,597 ratings, at ₹359 on Flipkart. "Best" on this page means the strongest rating backed by the most ratings. We have not tested any of these products.
What is the cheapest formal shoes for men we track?
Groofer Groofer Mne,s best Fashion official Formal Shoes Lace Up For Men, at ₹358 on Flipkart, rated 3.9 stars by 18 buyers. Cheapest is not the same as best, so look at the rating as well.
How many formal shoes for men listings under ₹500 are there?
10 on this page, all on Flipkart. Prices change, so the number changes too.

How products are ordered is explained on How we pick products.