Mahindra Bolero Neo Plus Loan EMI Calculator
₹23,821/month
EMI Starts at
₹12.90 Lakh*
On-Road Price Starts at
Mahindra Bolero Neo Plus EMI starts at ₹ 23,821 per month for a loan period of 60 months @8.5% interest rate and a loan amount of ₹11.61 Lakh*. To look at the EMI for Bolero Neo Plus variants use the EMI Calculator below. It gives a detailed breakdown of EMI and other charges.
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Loan EMI Calculation
₹
₹0₹11.61 Lakh
%
7%18%
Yr
1 Yr7 Yrs
Monthly EMI for 5 years
₹23,821*
Loan Period
5 Years
Total Loan Amount
₹11.61 Lakh
Total Interest Payable
₹2.68 Lakh
Total Payment
₹14.29 Lakh
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Year-Wise EMI Plan
₹
₹0₹11.61 Lakh*
%
7%18%
| Period | EMI | Interest | Total Amount |
|---|---|---|---|
| 1 yr | ₹ 1,01,268 | ₹ 54,153 | ₹ 12,15,216 |
| 2 yrs | ₹ 52,777 | ₹ 1,05,585 | ₹ 12,66,648 |
| 3 yrs | ₹ 36,652 | ₹ 1,58,409 | ₹ 13,19,472 |
| 4 yrs | ₹ 28,618 | ₹ 2,12,601 | ₹ 13,73,664 |
| 5 yrs | ₹ 23,821 | ₹ 2,68,197 | ₹ 14,29,260 |
| 6 yrs | ₹ 20,642 | ₹ 3,25,161 | ₹ 14,86,224 |
| 7 yrs | ₹ 18,387 | ₹ 3,83,445 | ₹ 15,44,508 |
| 8 yrs | ₹ 16,710 | ₹ 4,43,097 | ₹ 16,04,160 |
| 9 yrs | ₹ 15,418 | ₹ 5,04,081 | ₹ 16,65,144 |
| 10 yrs | ₹ 14,396 | ₹ 5,66,457 | ₹ 17,27,520 |
Bolero Neo Plus Variant Wise EMI
Showing EMI for 5 years @ 8.5% rate
| Variants | EMI Starts at | On-Road Price |
|---|---|---|
| P4 9 Seater Diesel MT | ₹23,821 | ₹12,90,070 |

₹10.90 - ₹11.95 Lakh*
Ex-Showroom Price
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Bolero Neo Plus Competitor EMI Details
Showing EMI for 5 years @ 8.5% rate
Eligibility & Documents Requirements for a Loan
Who can apply?
You must be an Indian citizen.
Age: 18 to 80 years (at loan maturity).
CIBIL score: 700 or above.
If salaried: Earn at least ₹25,000 per month.
If self-employed: Show ITR proof for the last 2 years.
Also eligible: Proprietors, partnership firms, private limited companies, and trusts.
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Bolero Neo Plus On Road Price in India
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