Mahindra Bolero Neo On-Road Price in Indore (2026)
The Mahindra Bolero Neo on-road price in Indore ranges from ₹11,35,550 to ₹14,06,000 (July 2026). That includes Madhya Pradesh road tax, a comprehensive insurance estimateand registration charges — the full math is shown below so you can verify your dealer's quote line by line.
Variant-wise On-Road Prices in Indore
| Variant | Ex-showroom | Road Tax (Madhya Pradesh) | Insurance (est.) | On-Road Price |
|---|---|---|---|---|
| N4 (Diesel) | ₹9,90,000 | ₹99,000 (10%) | ₹44,550 | ₹11,35,550 |
| N8 (Diesel) | ₹11,40,000 | ₹1,36,800 (12%) | ₹45,600 | ₹13,35,800 |
| N10 (Diesel) | ₹11,90,000 | ₹1,42,800 (12%) | ₹47,600 | ₹13,94,300 |
| N10 (O) (Diesel) | ₹12,20,000 | ₹1,46,400 (12%) | ₹48,800 | ₹14,29,400 |
| N10 Bold Edition (Diesel) | ₹12,00,000 | ₹1,44,000 (12%) | ₹48,000 | ₹14,06,000 |
Full Breakup — N10 (Diesel)
| Ex-showroom price | ₹11,90,000 |
| Road tax & registration (Madhya Pradesh, 12%) | ₹1,42,800 |
| Comprehensive insurance (estimate) | ₹47,600 |
| TCS (1%, cars above ₹10 lakh) | ₹11,900 |
| FASTag & misc charges | ₹2,000 |
| Total on-road price in Indore | ₹13,94,300 |
Estimates based on published Madhya Pradesh road-tax slabs and typical insurance quotes (July 2026). Dealer offers, accessories and extended warranty will change the final figure.
EMI for the Bolero Neo in Indore
Monthly EMI
₹23,155
Loan amount
₹11,15,440
Total interest
₹2,73,842
Bolero Neo On-Road Price in Other Cities
Rival Prices in Indore
Frequently Asked Questions
What is the on-road price of the Mahindra Bolero Neo in Indore?
The Mahindra Bolero Neo on-road price in Indore ranges from ₹11,35,550 to ₹14,06,000 (July 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 variant of the Mahindra Bolero Neo (Diesel), which works out to about ₹1,42,800 on its ex-showroom price of ₹11,90,000.
What is the EMI for the Mahindra Bolero Neo in Indore?
With a 20% down payment, a 9% interest rate and a 5-year tenure, the EMI on the N10 variant (on-road ₹13,94,300 in Indore) works out to roughly ₹23,154.7 per month. Use the calculator on this page to adjust the numbers.