MAHINDRA BOLERO NEO

Car
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Mahindra Bolero Neo Variants

N4
8.69 Lakh
Ex-showroom
N8
9.45 Lakh
Ex-showroom
N10 R
9.79 Lakh
Ex-showroom
N10
9.97 Lakh
Ex-showroom
N11
9.99 Lakh
Ex-showroom

Mahindra Bolero Neo Price

Variant:
N4
8.69 LakhEx-showroom price Delhi

Ex-Showroom Breakup

Ex-Showroom Price₹8,69,000
Registration & Road Tax (approx)
i
₹86,900
Hypothecation Charges₹1,500
Insurance Premium₹32,525
Accessories₹10,000
Other Charges₹5,000
On-road Price (approx)₹10,04,925

Cost Transparency, Budget Breakdown, and Estimated Ownership Snapshot

Expense CategoryEstimated Range
Starting Ex-Showroom Price8.69 Lakh
Top Variant Pricing10.49 Lakh
Estimated EMI Range₹19,365 - ₹0 /month
Annual Insurance₹32,525

On-road price of Mahindra Bolero Neo

The Mahindra Bolero Neo starts at Rs. 10.05 Lakh and goes up to Rs. 12.44 Lakh, depending on the variant you choose. The final on-road price also includes additional costs such as RTO registration, insurance, road tax, and optional accessories, which vary by city. Higher-end variants equipped with premium features and advanced technology naturally cost more than the entry-level models.

Increase in-hand salary even with car purchase

Car leasing in you personal name

Ex-showroom ₹8,69,000
Base Cost ₹7,36,441
GST (%)18%
Registration ₹86,900
Total Funding(ORP) ₹10,04,925
Lease Tenure 48 months
Base Rental (₹)₹18,725
Registration Recovery (₹)₹1,810
GST on Base Rental (₹)₹3,371
FMS Rental (₹)₹2,710
Monthly Lease (₹)₹26,617
Residual Value (excl. GST) (₹)₹1,47,288
Inhand Monthly Salary (₹) (approx)₹1,32,827
Inhand Annual Salary (₹) (approx)₹15,93,924
Yearly re-imbursement(Fuel & driver salary) (₹) (approx)₹2,50,000
Get Additional Savings (₹)
₹1,52,050

In-hand Salary Comparison Across Financing Options

Compare your monthly take-home salary for Car Loan, Hybrid and Lease

0
50K
1.0L
1.5L
2.0L
₹1,50,633
₹1,31,268
₹1,40,161

Car Loan

Hybrid Loan

Car Lease

Lease Salary
₹1,32,827
Additional Savings
₹3,168
Reimbursement
₹4,167
Recommendation: Car Lease / Hybrid Loan

Use the Calculator to Determine Your EMI

Standard car loan EMI

%
Yrs
Principal Amount
Interest Amount
Standard Car Loan Monthly EMI
₹20,006

Break-up

Monthly EMI₹20,006
Principal Amount₹8,03,940
Total Interest₹1,56,352

Total Amount₹9,60,292

Data & Pricing Disclaimer

Vehicle prices, mileage figures, EMI estimates, insurance costs, and ownership calculations are based on manufacturer specifications,dealership quotations, market conditions, and real-world driving observations available at the time of publishing.