Mahindra Bolero Neo Plus EMI Calculator

The calculated EMI for Mahindra Bolero Neo Plus is Rs. 24,161 per month @ 10.5% for a tenure of 60 months for a loan amount of Rs. 11,24,100. Check out the ZigWheels EMI calculator to find the best car finance for Mahindra Bolero Neo Plus 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 Plus

Ex-showroom
: Rs. 12,49,000
Loan amount
: Rs. 11,24,100  (90 % of Ex-showroom)
Down payment
: Rs. 4,00,514  (On-road + Processing fees + EMI - Loan amount)
Monthy EMI
: Rs. 24,161  (For Tenure of 60 months @ 10.5%)
Insurance
: Rs. 77,388  (Check Bolero Neo Plus 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 Plus
Mahindra Bolero Neo Plus
Rs. 11.39 Lakh
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Mahindra Bolero Neo Plus Down Payment and EMI

Bolero Neo Plus Variants Loan @10.5% Down Payment EMI (60 months)
P4 Rs. 10,25,100 Rs. 3,68,294 Rs. 22,033
P10 Rs. 11,24,100 Rs. 4,00,514 Rs. 24,161

Must Read Questions & Answers Before Buying Bolero Neo Plus

Q. What is the launch date of the Mahindra Bolero Neo Plus?
  • Mileage
  • As of now there is no official update from the brands end. So, we would request you to wait for official announcement. However, it is expected to be launched in Mar 15, 2024.
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