Mahindra Bolero Neo EMI Calculator

The calculated EMI for Mahindra Bolero Neo is Rs. 23,513 per month @ 10.5% for a tenure of 60 months for a loan amount of Rs. 10,93,949. 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.

EMI Calculation for Bolero Neo

Ex-showroom
: Rs. 12,15,499
Loan amount
: Rs. 10,93,949  (90 % of Ex-showroom)
Down payment
: Rs. 3,72,094  (On-road + Processing fees + EMI - Loan amount)
Monthy EMI
: Rs. 23,513  (For Tenure of 60 months @ 10.5%)
Insurance
: Rs. 57,489  (Check Bolero Neo Insurance)
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Car Loan EMI Calculator

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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
Mahindra Bolero Neo
Rs. 9.94 Lakh
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Mahindra Bolero Neo Down Payment and EMI

Bolero Neo Variants Loan @10.5% Down Payment EMI (60 months)
N4 Rs. 8,95,139 Rs. 2,59,736 Rs. 19,240
N8 Rs. 9,57,419 Rs. 3,27,927 Rs. 20,579
N10 R Rs. 10,32,749 Rs. 3,52,296 Rs. 22,198
N10 Option Rs. 10,93,949 Rs. 3,72,094 Rs. 23,513

Must Read Questions & Answers Before Buying Bolero Neo

Q. What is the difference between N 10 and N 10 R?
  • N10 R is having BS 6 phase 2 engine N10 R is not having integrated mahindra infotainment system, its not having voice message h.N10 R infotainment system is really bad speaker quality is worse. Apart from this everything is same.
  • I am not 100% sure but the differences are in touchscreen (Kenwood aftermarket), blue sense mobile app connectivity, flip key button. Not sure if they added MLD in N10 (R). But then why N 10 (R) is 70K more costly than N 10?
  • The Bolero Neo N10 R variant gets a configurable flip key button that can either connect or disconnect or play Prev or Next track.
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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

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