blog cover

10 Best Formal Shoes Types for Men on a Budget: Know it and style it

By Vidhi

Updated - May 9, 20245 min read

Download App

Looking sharp in the professional world doesn't have to break the bank.  A good pair of formal shoes can elevate your entire outfit, leaving a lasting impression. But with so many styles and prices, finding the perfect pair on a budget can be a challenge. Fear not, gentlemen! This blog is your guide to navigating the world of affordable formal footwear.

 

Top 10 Budget-Friendly Formal Shoes Types:

 

1. Oxford Shoes 

The quintessential formal shoe, Oxfords are a timeless classic. Look for a pair in black or brown genuine leather for maximum versatility. You can find them at department stores and online retailers at reasonable prices.

formal shoes

Image courtesy: Mochi

Price Range: ₹2,000-₹7,000

 

 

2. Derby Shoes 

Similar to Oxford shoes, Derbys offer a touch more informality with open lacing. They're a great choice for those who find Oxfords a bit too stiff. Expect to find Derbys at similar price points to Oxfords.

formal shoes

Image courtesy: Amazon

Price Range: ₹1,700-₹5,500

 

3. Loafers 

Sleek and sophisticated, loafers are a comfortable option for formal settings that allow a slightly less dressy approach. Penny loafers, with a signature strap detail, are a popular and affordable choice. You can find quality penny loafers at accessible prices.

formal shoes

Image courtesy: Myntra

Price Range: ₹2,700-₹8,000

 

 

4. Chelsea Boots 

Combining a sleek silhouette with ankle coverage, Chelsea boots offer a touch of modern flair to your formal attire. Look for a pair in dark brown or black leather for maximum versatility. Expect to pay a bit more for Chelsea boots due to their increased material use.

formal shoes

Image courtesy: Amazon

Price Range: ₹3,500-₹10,000

 

 

5. Monk Strap Shoes 

A unique and stylish alternative, monk straps feature buckles instead of laces. They add a touch of personality while remaining formal. While traditionally more expensive, you can find budget-friendly options online or at discount stores.  

for al shoes

Image courtesy: The Alternate

Price Range: ₹2,700-₹7,000 

 

6. Dress Cap-Toe Shoes 

Defined by a contrasting cap on the toe, dress cap-toe shoes offer a touch of visual interest to your formal attire. They come in both lace-up and slip-on styles, making them a versatile choice. Look for cap-toe shoes at mid-range prices.

formal shoes

Image courtesy: Fausto shoes

Price Range: ₹2,400-₹6,000

 

7. Brogue Shoes 

Brogues feature decorative perforations, adding a touch of visual texture to your formal look.  Wingtip brogues, with a W-shaped pattern on the toe, are a popular and stylish option. While brogues can be expensive, there are affordable versions available, though they may use synthetic materials.

formal shoes

Image courtesy: Alonzo shoes

Price Range: ₹2,700-₹8,000

 

8. Wholecut Shoes 

A minimalist and elegant choice, wholecut shoes are made from a single piece of leather, creating a clean and seamless look. While typically more expensive, you might find them on sale or at discount retailers at the lower end of this price range.

formal shoes

Image courtesy: The Royale shoes

Price Range: ₹4,900-₹14,000

 

 

9. Slip-On Dress Shoes 

For ultimate convenience, consider a pair of slip-on dress shoes. They offer a polished look without the hassle of laces. Look for a pair in a classic style like a loafer or monk strap to maintain formality. These can be a great budget-friendly option.

formal shoes

Image courtesy: Travel + Leisure

Price Range: ₹1,400-₹4,900

 

10. Vegan Leather Shoes 

Looking for a cruelty-free option?  Many brands offer formal shoes made from high-quality vegan leather that looks and feels just like the real thing.  These can be a budget-friendly alternative to genuine leather shoes.

formal shoes

Image courtesy: Roshini Sanghavi

Price Range: ₹1,700-₹5,500

 

 

 

When shopping for budget-friendly formal shoes, prioritize quality over flashy details. Opt for genuine or good quality synthetic leather for durability and a more polished look. Consider classic styles that will remain fashionable for years to come.  Don't forget to factor in comfort – you'll be wearing them all day!

 

By following these tips, you can find the perfect pair of formal shoes that fit both your style and your budget. So, step out with confidence and make a lasting impression!

 

FAQs Related to Formal Shoes for Men

 

Q1. What are the best budget-friendly materials for formal shoes?

Ans: Genuine leather is ideal but can be pricier. Good quality synthetic leather offers a budget-friendly alternative with a similar look and feel.

 

Q2. What are some classic and versatile formal shoe styles?

Ans: Oxfords, Derbys, and loafers are timeless options that pair well with suits and formal attire. They come in a variety of colors, with black and brown being the most versatile.

 

Q3. Where can I find affordable formal shoes in India?

Ans: Department stores, online retailers, and discount stores often have good selections of formal shoes at various price points. Look for sales and special offers to maximize your savings.

 

Q4. What should I prioritize when buying budget-friendly formal shoes?

Ans: Focus on quality construction over flashy details. Opt for shoes with good stitching and soles that will provide durability and comfort.

 

Q5. Are there any cruelty-free options for formal shoes?

Ans: Yes! Many brands offer formal shoes made from high-quality vegan leather that looks and feels like the real thing. These can be a great budget-friendly alternative.