Mahindra Bolero Neo Plus Loan EMI Calculator
₹24,891/month
EMI Starts at
₹13.48 Lakh*
On-Road Price Starts at
Mahindra Bolero Neo Plus EMI starts at ₹ 24,891 per month for a loan period of 60 months @8.5% interest rate and a loan amount of ₹12.13 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₹12.13 Lakh
%
7%18%
Yr
1 Yr7 Yrs
Monthly EMI for 5 years
₹24,891*
Loan Period
5 Years
Total Loan Amount
₹12.13 Lakh
Total Interest Payable
₹2.80 Lakh
Total Payment
₹14.93 Lakh
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Year-Wise EMI Plan
₹
₹0₹12.13 Lakh*
%
7%18%
| Period | EMI | Interest | Total Amount |
|---|---|---|---|
| 1 yr | ₹ 1,05,818 | ₹ 56,583 | ₹ 12,69,816 |
| 2 yrs | ₹ 55,148 | ₹ 1,10,319 | ₹ 13,23,552 |
| 3 yrs | ₹ 38,299 | ₹ 1,65,531 | ₹ 13,78,764 |
| 4 yrs | ₹ 29,904 | ₹ 2,22,159 | ₹ 14,35,392 |
| 5 yrs | ₹ 24,891 | ₹ 2,80,227 | ₹ 14,93,460 |
| 6 yrs | ₹ 21,569 | ₹ 3,39,735 | ₹ 15,52,968 |
| 7 yrs | ₹ 19,213 | ₹ 4,00,659 | ₹ 16,13,892 |
| 8 yrs | ₹ 17,461 | ₹ 4,63,023 | ₹ 16,76,256 |
| 9 yrs | ₹ 16,111 | ₹ 5,26,755 | ₹ 17,39,988 |
| 10 yrs | ₹ 15,042 | ₹ 5,91,807 | ₹ 18,05,040 |
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 | ₹24,891 | ₹13,48,037 |

₹11.39 - ₹12.49 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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