Mahindra Bolero Neo EMI Calculator

The calculated EMI for Mahindra Bolero Neo is Rs. 16,965 per month @ 10.5% for a tenure of 60 months for a loan amount of Rs. 7,89,300. Check out the ZigWheels EMI calculator to find the best car finance for Mahindra Bolero Neo or calculate loan interest rate and equated monthly instalments(EMI) by entering the amount of car loan that you wish to take. The ZigWheels EMI calculator calculates instalment on reducing balance.

Bolero Neo EMI Calculation

: Rs. 8,77,000
Loan amount
: Rs. 7,89,300  (90 % of Ex-showroom)
Down payment
: Rs. 2,62,359  (On-road + Processing fees + EMI - Loan amount)
Monthy EMI
: Rs. 16,965  (For Tenure of 60 months @ 10.5%)
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EMI in advance: You pay one EMI instalment in advance to the bank. This amount is EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan

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Mahindra Bolero Neo Overview

Mahindra Bolero Neo
Mahindra Bolero Neo
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Rs. 8.77 Lakh
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Mahindra Bolero Neo Down Payment and EMI

Bolero Neo Variants Loan @10.5% Down Payment EMI (60 months)
new Rs. 7,89,300 Rs. 2,62,359 Rs. 16,965
N8 Rs. 8,80,200 Rs. 2,85,674 Rs. 18,919
N10 Rs. 9,26,910 Rs. 3,47,376 Rs. 19,923
N10 R Rs. 9,26,910 Rs. 3,22,054 Rs. 19,923
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Must Read Questions & Answers Before Buying Bolero Neo

Q. What is the difference between N 10 and N 10 R?
  • The Bolero Neo N10 R variant gets a configurable flip key button that can either connect or disconnect or play Prev or Next track.
Q. Is it possible to install MTT in N4 variant after buy?
  • It would not be a feasible option to retrofit the mechanical locking differential. Moreover, you may get in touch with the nearest authorized dealer in your city for more details. Follow the link and select your city accordingly for dealership details.
Q. What's the NCAP rating
  • The Global NCAP test is yet to be done on the Mahindra Bolero Neo. Moreover, the Bolero Neo boasts decent build quality.
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All Bolero Neo Questions and Answers

Disclaimer : The data/calculations generated herein is completely and solely based on the information/details provided herein in response to the questions specified by Girnar Software Pvt. Ltd. on its ZigWheels.com Site is only for user's convenience and information purposes in Indian Currency. Read More