Mahindra Bolero Neo — Price, Variants & Specs (2026)
The Mahindra Bolero Neo is priced between ₹9.90 Lakh – ₹12.20 Lakh (ex-showroom, July 2026) across 5 key variants. The N10 variant costs about ₹14,00,250 on-road in Delhi.
The Bolero Neo is the modernised take on the Bolero formula, built on a hydroformed ladder-frame chassis derived from the TUV300. It pairs the tough-SUV appeal and 7-seat practicality of its elder sibling with a more powerful 100 bhp diesel and a marginally better-equipped cabin. It sits in a niche of its own, competing partly with sub-4m monocoque SUVs like the Tata Nexon diesel on price.
Key Specifications
| Ex-showroom price | ₹9.90 Lakh – ₹12.20 Lakh |
| Body type | SUV |
| Engine / Motor | 1.5L mHawk100 diesel |
| Max power | 100 bhp |
| Fuel options | Diesel |
| Transmission | Manual |
| Mileage (claimed) | 17.3 kmpl (claimed) |
| Seating | 7 seats |
| Airbags (max) | 2 |
| Safety rating | Not crash-tested yet |
| Boot space | — |
| Current generation since | 2021 |
Pros & Cons
What's good
- Genuine body-on-frame toughness in a sub-4m footprint
- Punchier 100 bhp diesel than the standard Bolero
- Practical 5+2 seating with jump seats
- Good ground clearance for rough roads
- Strong Mahindra service reach
Keep in mind
- No automatic or petrol option
- Jump seats are strictly occasional-use
- Bouncy low-speed ride typical of ladder-frame SUVs
- Basic infotainment and feature list
Mahindra Bolero Neo Variant Prices (July 2026)
| Variant | Fuel | Transmission | Ex-showroom Price |
|---|---|---|---|
| N4 | Diesel | Manual | ₹9.90 Lakh |
| N8 | Diesel | Manual | ₹11.40 Lakh |
| N10 | Diesel | Manual | ₹11.90 Lakh |
| N10 (O) | Diesel | Manual | ₹12.20 Lakh |
| N10 Bold Edition | Diesel | Manual | ₹12.00 Lakh |
Indicative ex-showroom prices. On-road prices vary by state — see city-wise breakups below.
Mahindra Bolero Neo On-Road Price by City
Full breakup shown on every page: state road tax, insurance estimate, TCS and charges.
EMI Calculator
Pre-filled with the estimated Delhi on-road price of the N10 variant.
Monthly EMI
₹23,254
Loan amount
₹11,20,200
Total interest
₹2,75,011
Mahindra Bolero Neo Rivals
Mahindra Bolero
₹9.80 Lakh – ₹11.20 Lakhex-showroom
Diesel · 7 seats · 16 kmpl (claimed)
Kia Syros
₹9.00 Lakh – ₹17.80 Lakhex-showroom
Petrol · Diesel · 5 seats · 17.7-20.8 km/l (ARAI, varies by engine and gearbox)
Maruti Suzuki Brezza
₹8.26 Lakh – ₹13.01 Lakhex-showroom
Petrol · CNG · 5 seats · 17.38–19.8 kmpl (petrol), 25.51 km/kg (CNG)
Hyundai Venue
₹8.00 Lakh – ₹15.83 Lakhex-showroom
Petrol · Diesel · 5 seats · 17–24 kmpl
Skoda Kylaq
₹8.00 Lakh – ₹14.50 Lakhex-showroom
Petrol · 5 seats · 19.1-19.7 kmpl (ARAI)
Toyota Taisor
₹7.70 Lakh – ₹13.00 Lakhex-showroom
Petrol · CNG · 5 seats · 20.0-22.8 km/l petrol, 28.5 km/kg CNG (ARAI)
Mahindra Bolero Neo — Frequently Asked Questions
What is the price of the Mahindra Bolero Neo?
The Mahindra Bolero Neo ranges from about Rs 9.9 lakh for the N4 to Rs 12.2 lakh for the N10 (O), ex-showroom. That positions it between the standard Bolero and entry variants of bigger Mahindra SUVs.
What is the mileage of the Mahindra Bolero Neo?
The Mahindra Bolero Neo's 1.5-litre mHawk100 diesel has a claimed mileage of around 17.3 kmpl. Expect 14 to 16 kmpl in mixed real-world driving.
Does the Mahindra Bolero Neo have a safety rating?
The Mahindra Bolero Neo itself has not been rated by Global NCAP or Bharat NCAP. It offers dual airbags, ABS with EBD and corner braking control, and its ladder-frame construction gives it a robust feel, though modern crash-test proof is absent.
What are the rivals of the Mahindra Bolero Neo?
The Mahindra Bolero Neo occupies a unique rugged sub-4m niche, so its closest rival is the regular Bolero. On price it also overlaps with diesel compact SUVs such as the Tata Nexon and entry Kia Sonet diesel.
Which Mahindra Bolero Neo variant is the best buy?
The Bolero Neo N8 is the sweet spot, adding a touchscreen-free but well-rounded feature set at a sensible price. Choose the N10 (O) only if you want the mechanical locking rear differential and top-end trim.