Mahindra Bolero Neo On-Road Price in Bhopal (2026)

The Mahindra Bolero Neo on-road price in Bhopal ranges from ₹10,31,355 to ₹12,64,430 (October 2026). That includes Madhya Pradesh road tax, a comprehensive insurance estimate and registration charges — the full math is shown below so you can verify your dealer's quote line by line.

Ex-showroom prices verified against manufacturer and market sources on 25 Sept 2026; taxes computed from Madhya Pradesh's published slab.

Variant-wise On-Road Prices in Bhopal

Variant	Ex-showroom	Road Tax (Madhya Pradesh)	Insurance (est.)	On-Road Price
N4 (Diesel)	₹8,99,000	₹89,900 (10%)	₹40,455	₹10,31,355
N8 (Diesel)	₹9,69,000	₹96,900 (10%)	₹43,605	₹11,11,505
N10 (R) (Diesel)	₹10,09,000	₹1,21,080 (12%)	₹40,360	₹11,82,530
N11 (Diesel)	₹10,30,000	₹1,23,600 (12%)	₹41,200	₹12,07,100
N10 (O) (Diesel)	₹10,79,000	₹1,29,480 (12%)	₹43,160	₹12,64,430

Full Breakup — N10 (R) (Diesel)

Ex-showroom price	₹10,09,000
Road tax & registration (Madhya Pradesh, 12%)	₹1,21,080
Comprehensive insurance (estimate)	₹40,360
TCS (1%, cars above ₹10 lakh)	₹10,090
FASTag & misc charges	₹2,000
Total on-road price in Bhopal	₹11,82,530

Estimates based on published Madhya Pradesh road-tax slabs and typical insurance quotes (October 2026). Dealer offers, accessories and extended warranty will change the final figure.

EMI for the Bolero Neo in Bhopal

On-road priceDown payment: 20% (₹2,36,506)Interest rate: 9% p.a.Tenure: 5 years

Monthly EMI

₹19,638

Loan amount

₹9,46,024

Total interest

₹2,32,250

Bolero Neo On-Road Price in Other Cities

Mahindra Bolero Neo on-road price — all 20 cities compared →

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Frequently Asked Questions

What is the on-road price of the Mahindra Bolero Neo in Bhopal?

The Mahindra Bolero Neo on-road price in Bhopal ranges from ₹10,31,355 to ₹12,64,430 (October 2026), depending on the variant. This includes Madhya Pradesh road tax, an insurance estimate and registration charges.

How much is the road tax on the Bolero Neo in Madhya Pradesh?

Madhya Pradesh charges roughly 12% road tax on the N10 (R) variant of the Mahindra Bolero Neo (Diesel), which works out to about ₹1,21,080 on its ex-showroom price of ₹10,09,000.

What is the EMI for the Mahindra Bolero Neo in Bhopal?

With a 20% down payment, a 9% interest rate and a 5-year tenure, the EMI on the N10 (R) variant (on-road ₹11,82,530 in Bhopal) works out to roughly ₹19,637.902 per month. Use the calculator on this page to adjust the numbers.