Mahindra Bolero Neo On Road Price in Mumbai – Starts at ₹10.89 Lakh Updated on 26 July 2026

The Mahindra Bolero Neo on-road price in Mumbai starts at ₹10,89,388 for the base N4 variant, which includes an ex-showroom price of ₹8,69,000, RTO charges of ₹1,74,809, and insurance of ₹45,579. The top-spec N10 Opt variant is priced at ₹13,20,529 on-road. Mahindra offers 6 Bolero Neo variants across diesel, with manual transmission options.

Variants	On Road Price
Bolero Neo N4	Rs. 10.89 Lakh
Bolero Neo N8	Rs. 11.78 Lakh
Bolero Neo N10	Rs. 12.18 Lakh
Bolero Neo N11	Rs. 12.41 Lakh
Bolero Neo N10 R	Rs. 12.54 Lakh
Bolero Neo N10 Opt	Rs. 13.21 Lakh

Mahindra Bolero Neo

Rs. 10.89 - 13.21 Lakh (On Road Price in )

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Mahindra Bolero Neo Price in Mumbai

Bolero Neo N4(Diesel) Rs. 10.89 Lakh

Ex-Showroom Price Rs. 8,69,000
RTO + Others Rs. 1,74,809
Insurance Rs. 45,579
On Road Price in Mumbai Rs. 10,89,388

EMI Rs. 16,810 EMI Calculator

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Features of Bolero Neo N4 »

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Bolero Neo N8(Diesel) Rs. 11.78 Lakh

Bolero Neo N10(Diesel) Rs. 12.18 Lakh

Bolero Neo N11(Diesel) Rs. 12.41 Lakh

Bolero Neo N10 R(Diesel) Rs. 12.54 Lakh

Bolero Neo N10 Opt(Diesel) Rs. 13.21 Lakh

Check Bolero Neo Price Near Mumbai

Mahindra Showrooms in Mumbai

Randhawa Motors - Andheri E-Mumbai, 400058
Randhawa Motors - Vikhroli West-Mumbai, 400058
NBS International Ltd. - Charni Road-Mumbai, 400058
Hare Krishan Classic Car Cares Pvt. Ltd. - Mulund-Mumbai, 400058
Nbs International Ltd. - Kurla-Mumbai, 400058

Mahindra Showrooms in Mumbai

Mahindra Bolero Neo Running Cost

The Bolero Neo has a running cost of Rs. 5.29 per kilometer and a monthly fuel cost of Rs. 7941, assuming a daily run of 50 kilometers and Diesel at Rs. 90 per liter.

Metric	Cost	Assumption
Per KM Fuel Cost	Rs. 5.29	CNG Rs. 70/kg
Daily Fuel Cost	Rs. 264	50 km/day
Monthly Fuel Cost	Rs. 7941	1,500 km/month

Mahindra Bolero Neo Fuel Cost Calculator

Fuel Type

Transmission

Mileage

Fuel Cost(Rs.)

KM driven per day 50 km/day

20
30
40
50
80
100
other

Monthly Fuel Cost for Bolero Neo

Rs. 0

Price of Bolero Neo Competitors in Mumbai

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Rs. 11.49 Lakh
Sierra Price in Mumbai Compare with Bolero Neo
Maruti Brezza
Rs. 7.40 Lakh
Brezza Price in Mumbai Compare with Bolero Neo
Maruti FRONX
Rs. 6.85 Lakh
FRONX Price in Mumbai Compare with Bolero Neo
Mahindra Thar
Rs. 9.99 Lakh
Thar Price in Mumbai Compare with Bolero Neo
Tata Nexon
Rs. 7.37 Lakh
Nexon Price in Mumbai Compare with Bolero Neo

Mahindra Bolero Neo 2026 Brochure

Download brochure for detailed information of specifications, features & variants prices

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Mahindra Bolero Neo EMI Calculator

Monthly EMI- Price Breakup

Down Payment	3,28,748
Loan Amount	7,82,100
Interest Rate	10.50%
Tenure	60 months
Loan EMI	16,810

Loan offers from Top Banks

Lending Partners	Interest Rate	EMI Starting From (N Months)
	8.85% onwards	Rs. 16,178 (60 months)
	9% onwards	Rs. 16,235 (60 months)
	9.15% onwards	Rs. 16,292 (60 months)
	8.7% onwards	Rs. 16,121 (60 months)

View EMI Offer

Questions & Answers on Mahindra Bolero Neo Price

Q. Down payment how .nuch?

In general, the down payment remains in between 20-30% of the on-road price of the vehicle and ROI varies between 9.25-11.5% and it totally depends on the CIBIL/Credit score of an individual. So, we'd suggest you walk into the nearest dealership to know the final finance quotation and documentation as they will be the better person to assist you. You can click on the following link to see the details of the nearest authorized dealership by selecting your city accordingly.https://www.zigwheels.com/dealers/mahindra/Delhi

Q. Zero down payment available on Bolero?

500000

Second Hand Mahindra Bolero Neo

Save Big on Used Mahindra Bolero Neo

Used Mahindra Bolero Neo Cars in Mumbai

Mahindra Bolero Neo News Updates

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Both SUVs get the updates they’ve long needed! But which one suits you better? Time to find out…

Bolero Neo News

Mahindra Bolero Neo Price FAQs

What is the price of Mahindra Bolero Neo top variant in Mumbai?

The top variant is Mahindra Bolero Neo N10 Opt and the on-road price is ₹13.21 Lakh in Mumbai.

What is the price of Mahindra Bolero Neo base variant in Mumbai?

The base variant is Mahindra Bolero Neo N4 and the on-road price is ₹10.89 Lakh in Mumbai.

What is the ex-showroom price of the top diesel variant of Mahindra Bolero Neo in Mumbai?

Mahindra the ex-showroom price of the top diesel variant of Bolero Neo is 10.49 Lakh.

What is the Mahindra Bolero Neo on-road price Mumbai?

The on-road price of the base variant of Mahindra Bolero Neo in Mumbai is ₹10,89,388.

What are the RTO charges for Mahindra Bolero Neo in Mumbai?

The RTO Charges for the base variant of Mahindra Bolero Neo in Mumbai will be ₹1,74,809.

What is the insurance cost of the Mahindra Bolero Neo in Mumbai?

The insurance cost of the base variant of Mahindra Bolero Neo in Mumbai is ₹45,579.

What is the Ex-showroom price of Mahindra Bolero Neo in Mumbai?

The Ex-showroom price of the base variant of Mahindra Bolero Neo in Mumbai is Rs 8,69,000.

What will be the EMI & Down payment of Mahindra Bolero Neo?

The Down payment of the base variant of Mahindra Bolero Neo is Rs 3,29,548 and the EMI is 16,810.

Bolero Neo Prices in Popular Cities

City	On Road Price
Delhi	Rs. 10.24 Lakh
Kolkata	Rs. 10.24 Lakh
Bangalore	Rs. 11.33 Lakh
Hyderabad	Rs. 10.71 Lakh
Ahmedabad	Rs. 10.43 Lakh
Pune	Rs. 10.62 Lakh
Chennai	Rs. 10.62 Lakh
Patna	Rs. 10.43 Lakh
Jaipur	Rs. 10.68 Lakh