Mahindra Bolero Pik-Up EMI Calculator


Updated on October 2026
Mahindra Bolero Pik-Up EMI starts at ₹18,744 per month for the 4WD CBC diesel (₹9.95 Lakh ex-showroom, ₹11.68 Lakh on-road Barnala), on a ₹8.72 Lakh loan at 10.5% for 60 months. Down payment: ₹2.96 Lakh. Total interest: ₹2.53 Lakh. The top 4WD AC costs ₹19,730/month.
Also see: Bolero Pik Up On-road price | Bolero Pik Up Variants | Bolero Pik Up Offers | Bolero Pik Up Mileage

Mahindra Bolero Pik-Up 4WD CBC EMI & Down Payment

Ex-showroom
: Rs. 9,95,499
On-road price
: Rs. 11,67,556  (Barnala)
Loan amount
: Rs. 8,72,042  (On-road - Down payment)
Down payment
: Rs. 2,95,514  (On-road - Loan amount)
Monthly EMI
: Rs. 18,744  (For Tenure of 60 months @ 10.5%; banks start from 8.7%)
Insurance
: Rs. 66,530
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Mahindra Bolero Pik-Up Car Loan EMI Calculator

On-road price (Barnala)
Rs. 11,67,556
Down payment
Rs. 2,95,514
Loan amount
Rs. 8,72,042
Interest rate
10.5%
Tenure
60 months
Monthly EMI
Rs. 18,744
Total interest
Rs. 2,52,598
Total payable
Rs. 11,24,640
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. 18,039 (60 months)
Loans From ICICI BankICICI Bank 9% onwards Rs. 18,102 (60 months)
Loans From Axis BankAxis Bank 9.15% onwards Rs. 18,166 (60 months)
Loans From Bank of Baroda BankBank of Baroda 8.7% onwards Rs. 17,975 (60 months)
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Mahindra Bolero Pik-Up EMI by Loan Tenure

For a Rs. 8,72,042 loan on the 4WD CBC diesel at 10.5%.

Tenure EMI Total Interest Total Payable
36 months Rs. 28,343 Rs. 1,48,306 Rs. 10,20,348
48 months Rs. 22,327 Rs. 1,99,654 Rs. 10,71,696
60 months Rs. 18,744 Rs. 2,52,598 Rs. 11,24,640
84 months Rs. 14,703 Rs. 3,63,010 Rs. 12,35,052
Mahindra Bolero Pik-Up
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Mahindra Bolero Pik-Up
3.7 52 user reviews
Starts at ₹ 9.95 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)
4WD CBC Diesel / Manual Rs. 9,95,499 Rs. 8,72,042 Rs. 2,95,514 Rs. 18,744
FB MS Diesel / Manual Rs. 10,09,749 Rs. 8,83,791 Rs. 3,10,143 Rs. 18,996
FB PS Diesel / Manual Rs. 10,17,500 Rs. 8,90,617 Rs. 3,12,250 Rs. 19,143
FB PS AC Diesel / Manual Rs. 10,42,500 Rs. 9,12,633 Rs. 3,19,046 Rs. 19,616
4WD AC Diesel / Manual Rs. 10,48,500 Rs. 9,17,917 Rs. 3,20,677 Rs. 19,730

EMI of Mahindra Bolero Pik-Up Rivals – Sierra, Brezza, Nexon

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 ₹18,744 per month for the 4WD CBC diesel on a ₹8.72 Lakh loan at 10.5% for 60 months. Its on-road price in Barnala is ₹11.68 Lakh.

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

About ₹2.96 Lakh for the 4WD CBC diesel in Barnala: the on-road price of ₹11.68 Lakh minus a ₹8.72 Lakh loan.

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

On a ₹8.72 Lakh loan at 10.5% for 60 months you pay ₹2.53 Lakh in interest, or ₹11.25 Lakh in total.

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

For a ₹8.72 Lakh loan at 10.5%, the EMI is ₹28,343 per month over 3 years (₹1.48 Lakh interest) and ₹14,703 per month over 7 years (₹3.63 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 ₹17,975 per month on a ₹8.72 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 52 user reviews
Starts at Rs. 9.95 Lakh
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