Mahindra Bolero EMI Calculator

Updated on October 2026

Mahindra Bolero EMI starts at ₹16,122 per month for the B4 diesel (₹8.57 Lakh ex-showroom, ₹10.35 Lakh on-road Delhi), on a ₹7.50 Lakh loan at 10.5% for 60 months. Down payment: ₹2.85 Lakh. Total interest: ₹2.17 Lakh. The top B8 costs ₹18,810/month.

Also see: Bolero On-road price | Bolero Variants | Bolero Offers | Bolero Mileage

Mahindra Bolero B4 EMI & Down Payment

Ex-showroom

: Rs. 8,56,999

On-road price

: Rs. 10,35,051 (Delhi)

Loan amount

: Rs. 7,50,071 (On-road - Down payment)

Down payment

: Rs. 2,84,980 (On-road - Loan amount)

Monthly EMI

: Rs. 16,122 (For Tenure of 60 months @ 10.5%; banks start from 8.7%)

Insurance

: Rs. 44,295

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Mahindra Bolero Car Loan EMI Calculator

On-road price (Delhi): Rs. 10,35,051
Down payment: Rs. 2,84,980
Loan amount: Rs. 7,50,071
Interest rate: 10.5%
Tenure: 60 months
Monthly EMI: Rs. 16,122
Total interest: Rs. 2,17,249
Total payable: Rs. 9,67,320

EMI in advance: You pay one EMI instalment in advance to the bank. This amount is deducted from the loan amount disbursed to the dealer. Thus it gets added to the down payment that you are to make.
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EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees. ..Read More ..Read Less

Mahindra Bolero Car Loan Interest Rates – Bank Comparison

Lending Partners	Interest Rate	EMI Starting From (60 Months)
HDFC Bank	8.85% onwards	Rs. 15,516 (60 months)
ICICI Bank	9% onwards	Rs. 15,570 (60 months)
Axis Bank	9.15% onwards	Rs. 15,625 (60 months)
Bank of Baroda	8.7% onwards	Rs. 15,461 (60 months)

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Mahindra Bolero EMI by Loan Tenure

For a Rs. 7,50,071 loan on the B4 diesel at 10.5%.

Tenure	EMI	Total Interest	Total Payable
36 months	Rs. 24,379	Rs. 1,27,573	Rs. 8,77,644
48 months	Rs. 19,204	Rs. 1,71,721	Rs. 9,21,792
60 months	Rs. 16,122	Rs. 2,17,249	Rs. 9,67,320
84 months	Rs. 12,647	Rs. 3,12,277	Rs. 10,62,348

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Mahindra Bolero

3.9 164 user reviews

Starts at ₹ 8.57 Lakh

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Mahindra Bolero Variant-wise EMI & Down Payment

Bolero Variants	Fuel/Transmission	Ex-showroom	Loan @10.5%	Down Payment	EMI (60 months)
B4	Diesel / Manual	Rs. 8,56,999	Rs. 7,50,071	Rs. 2,84,980	Rs. 16,122
B6	Diesel / Manual	Rs. 9,37,000	Rs. 8,20,524	Rs. 3,05,673	Rs. 17,636
B6 Opt	Diesel / Manual	Rs. 9,69,000	Rs. 8,48,705	Rs. 3,14,090	Rs. 18,242
B8	Diesel / Manual	Rs. 9,98,999	Rs. 8,75,124	Rs. 3,09,898	Rs. 18,810

EMI of Mahindra Bolero Rivals – Brezza

Mahindra Bolero Neo
Rs. 9.06 Lakh
Bolero Neo EMI Compare with Bolero
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Scorpio EMI Compare with Bolero
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Thar ROXX EMI Compare with Bolero
Mahindra Scorpio N
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Scorpio N EMI Compare with Bolero
Mahindra Bolero Camper
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Bolero Camper EMI Compare with Bolero

Mahindra Bolero EMI – Frequently Asked Questions

What is the starting EMI of the Mahindra Bolero?

The Mahindra Bolero EMI starts at ₹16,122 per month for the B4 diesel on a ₹7.50 Lakh loan at 10.5% for 60 months. Its on-road price in Delhi is ₹10.35 Lakh.

What is the minimum down payment for the Mahindra Bolero?

About ₹2.85 Lakh for the B4 diesel in Delhi: the on-road price of ₹10.35 Lakh minus a ₹7.50 Lakh loan.

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

On a ₹7.50 Lakh loan at 10.5% for 60 months you pay ₹2.17 Lakh in interest, or ₹9.67 Lakh in total.

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

For a ₹7.50 Lakh loan at 10.5%, the EMI is ₹24,379 per month over 3 years (₹1.28 Lakh interest) and ₹12,647 per month over 7 years (₹3.12 Lakh interest).

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

Of the banks listed on this page, Bank of Baroda starts lowest at 8.7%, which makes the EMI ₹15,461 per month on a ₹7.50 Lakh loan for 60 months.

What is the EMI of the top Mahindra Bolero variant?

The B8 costs ₹18,810 per month on a ₹8.75 Lakh loan at 10.5% for 60 months.

How is the Mahindra Bolero 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.

Ask or read owner questions on Mahindra Bolero Q&A

Mahindra Bolero

3.9 164 user reviews

Starts at Rs. 8.57 Lakh

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Mahindra Bolero 2026 Brochure

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

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