Mahindra Bolero Neo Plus Loan EMI Calculator
₹24,029/month
EMI Starts at
₹13.01 Lakh*
On-Road Price Starts at
Mahindra Bolero Neo Plus EMI starts at ₹ 24,029 per month for a loan period of 60 months @8.5% interest rate and a loan amount of ₹11.71 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₹11.71 Lakh
%
7%18%
Yr
1 Yr7 Yrs
Monthly EMI for 5 years
₹24,029*
Loan Period
5 Years
Total Loan Amount
₹11.71 Lakh
Total Interest Payable
₹2.71 Lakh
Total Payment
₹14.42 Lakh
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Year-Wise EMI Plan
₹
₹0₹11.71 Lakh*
%
7%18%
| Period | EMI | Interest | Total Amount |
|---|---|---|---|
| 1 yr | ₹ 1,02,150 | ₹ 54,622 | ₹ 12,25,800 |
| 2 yrs | ₹ 53,237 | ₹ 1,06,510 | ₹ 12,77,688 |
| 3 yrs | ₹ 36,971 | ₹ 1,59,778 | ₹ 13,30,956 |
| 4 yrs | ₹ 28,868 | ₹ 2,14,486 | ₹ 13,85,664 |
| 5 yrs | ₹ 24,029 | ₹ 2,70,562 | ₹ 14,41,740 |
| 6 yrs | ₹ 20,822 | ₹ 3,28,006 | ₹ 14,99,184 |
| 7 yrs | ₹ 18,547 | ₹ 3,86,770 | ₹ 15,57,948 |
| 8 yrs | ₹ 16,856 | ₹ 4,46,998 | ₹ 16,18,176 |
| 9 yrs | ₹ 15,552 | ₹ 5,08,438 | ₹ 16,79,616 |
| 10 yrs | ₹ 14,521 | ₹ 5,71,342 | ₹ 17,42,520 |
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 | ₹24,029 | ₹13,01,309 |

₹10.99 - ₹11.99 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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