Mahindra Bolero Pik-Up EMI Calculator


Updated on October 2026
Mahindra Bolero Pik-Up EMI starts at ₹18,000 per month for the FB 1.3 MS diesel (₹9.56 Lakh ex-showroom, ₹11.32 Lakh on-road Delhi), on a ₹8.37 Lakh loan at 10.5% for 60 months. Down payment: ₹2.95 Lakh. Total interest: ₹2.43 Lakh. The top 4WD AC costs ₹19,730/month.

Mahindra Bolero Pik-Up FB 1.3 MS EMI & Down Payment

Ex-showroom
: Rs. 9,56,200
On-road price
: Rs. 11,32,327  (Delhi)
Loan amount
: Rs. 8,37,433  (On-road - Down payment)
Down payment
: Rs. 2,94,894  (On-road - Loan amount)
Monthly EMI
: Rs. 18,000  (For Tenure of 60 months @ 10.5%; banks start from 8.7%)
Insurance
: Rs. 66,097
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Mahindra Bolero Pik-Up Car Loan EMI Calculator

On-road price (Delhi)
Rs. 11,32,327
Down payment
Rs. 2,94,894
Loan amount
Rs. 8,37,433
Interest rate
10.5%
Tenure
60 months
Monthly EMI
Rs. 18,000
Total interest
Rs. 2,42,567
Total payable
Rs. 10,80,000
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 Pik-Up Car Loan Interest Rates – Bank Comparison

Lending Partners Interest Rate EMI Starting From (60 Months)
Loans From HDFC BankHDFC Bank 8.85% onwards Rs. 17,323 (60 months)
Loans From ICICI BankICICI Bank 9% onwards Rs. 17,384 (60 months)
Loans From Axis BankAxis Bank 9.15% onwards Rs. 17,445 (60 months)
Loans From Bank of Baroda BankBank of Baroda 8.7% onwards Rs. 17,262 (60 months)

Mahindra Bolero Pik-Up EMI by Loan Tenure

For a Rs. 8,37,433 loan on the FB 1.3 MS diesel at 10.5%.

Tenure EMI Total Interest Total Payable
36 months Rs. 27,219 Rs. 1,42,451 Rs. 9,79,884
48 months Rs. 21,441 Rs. 1,91,735 Rs. 10,29,168
60 months Rs. 18,000 Rs. 2,42,567 Rs. 10,80,000
84 months Rs. 14,120 Rs. 3,48,647 Rs. 11,86,080
Mahindra Bolero Pik-Up
3.7 51 user reviews
Starts at ₹ 9.56 Lakh
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Mahindra Bolero Pik-Up Variant-wise EMI & Down Payment

Bolero Pik Up Variants Fuel/Transmission Ex-showroom Loan @10.5% Down Payment EMI (60 months)
FB 1.3 MS Diesel / Manual Rs. 9,56,200 Rs. 8,37,433 Rs. 2,94,894 Rs. 18,000
FB MS CBC Diesel / Manual Rs. 9,59,499 Rs. 8,40,338 Rs. 2,96,336 Rs. 18,062
FB 1.3 Diesel / Manual Rs. 9,62,800 Rs. 8,43,245 Rs. 2,96,779 Rs. 18,125
FB 1.3 AC Diesel / Manual Rs. 9,85,700 Rs. 8,63,412 Rs. 3,02,428 Rs. 18,558
4WD CBC Diesel / Manual Rs. 9,95,499 Rs. 8,72,042 Rs. 2,92,930 Rs. 18,744
FB MS Diesel / Manual Rs. 10,09,749 Rs. 8,83,791 Rs. 3,45,333 Rs. 18,996
FB PS Diesel / Manual Rs. 10,17,500 Rs. 8,90,617 Rs. 3,47,682 Rs. 19,143
4WD Diesel / Manual Rs. 10,19,500 Rs. 8,92,378 Rs. 3,61,088 Rs. 19,181
FB PS AC Diesel / Manual Rs. 10,42,500 Rs. 9,12,633 Rs. 3,55,255 Rs. 19,616
4WD AC Diesel / Manual Rs. 10,48,500 Rs. 9,17,917 Rs. 3,57,072 Rs. 19,730

Mahindra Bolero Pik-Up EMI – Frequently Asked Questions

What is the starting EMI of the Mahindra Bolero Pik-Up?

The Mahindra Bolero Pik-Up EMI starts at ₹18,000 per month for the FB 1.3 MS diesel on a ₹8.37 Lakh loan at 10.5% for 60 months. Its on-road price in Delhi is ₹11.32 Lakh.

What is the minimum down payment for the Mahindra Bolero Pik-Up?

About ₹2.95 Lakh for the FB 1.3 MS diesel in Delhi: the on-road price of ₹11.32 Lakh minus a ₹8.37 Lakh loan.

How much total interest will I pay on a Mahindra Bolero Pik-Up loan?

On a ₹8.37 Lakh loan at 10.5% for 60 months you pay ₹2.43 Lakh in interest, or ₹10.80 Lakh in total.

What is the Mahindra Bolero Pik-Up EMI for a 3-year versus a 7-year tenure?

For a ₹8.37 Lakh loan at 10.5%, the EMI is ₹27,219 per month over 3 years (₹1.42 Lakh interest) and ₹14,120 per month over 7 years (₹3.49 Lakh interest).

Which bank has the lowest interest rate for a Mahindra Bolero Pik-Up loan?

Of the banks listed on this page, Bank of Baroda starts lowest at 8.7%, which makes the EMI ₹17,262 per month on a ₹8.37 Lakh loan for 60 months.

What is the EMI of the top Mahindra Bolero Pik-Up variant?

The 4WD AC costs ₹19,730 per month on a ₹9.18 Lakh loan at 10.5% for 60 months.

How is the Mahindra Bolero Pik-Up down payment calculated?

Down payment is the on-road price minus the loan amount. ZigWheels finances 90% of the ex-showroom price, less the processing fee and one EMI paid in advance, so the down payment covers the rest of the ex-showroom price plus insurance, registration and other on-road charges.

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Mahindra Bolero Pik-Up
Mahindra Bolero Pik-Up
3.7 51 user reviews
Starts at Rs. 9.56 Lakh
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