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

The Mahindra Bolero Neo on-road price in Mumbai ranges from ₹10,58,325 to ₹12,86,010 (October 2026). That includes Maharashtra 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 Maharashtra's published slab.

Variant-wise On-Road Prices in Mumbai

Variant	Ex-showroom	Road Tax (Maharashtra)	Insurance (est.)	On-Road Price
N4 (Diesel)	₹8,99,000	₹1,16,870 (13%)	₹40,455	₹10,58,325
N8 (Diesel)	₹9,69,000	₹1,25,970 (13%)	₹43,605	₹11,40,575
N10 (R) (Diesel)	₹10,09,000	₹1,41,260 (14%)	₹40,360	₹12,02,710
N11 (Diesel)	₹10,30,000	₹1,44,200 (14%)	₹41,200	₹12,27,700
N10 (O) (Diesel)	₹10,79,000	₹1,51,060 (14%)	₹43,160	₹12,86,010

Full Breakup — N10 (R) (Diesel)

Ex-showroom price	₹10,09,000
Road tax & registration (Maharashtra, 14%)	₹1,41,260
Comprehensive insurance (estimate)	₹40,360
TCS (1%, cars above ₹10 lakh)	₹10,090
FASTag & misc charges	₹2,000
Total on-road price in Mumbai	₹12,02,710

Estimates based on published Maharashtra 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 Mumbai

On-road priceDown payment: 20% (₹2,40,542)Interest rate: 9% p.a.Tenure: 5 years

Monthly EMI

₹19,973

Loan amount

₹9,62,168

Total interest

₹2,36,214

Bolero Neo On-Road Price in Other Cities

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

Delhi Pune Nagpur Bengaluru Hyderabad Chennai Coimbatore Kolkata Ahmedabad Surat Jaipur Lucknow Noida Gurugram Chandigarh Kochi Indore Bhopal Patna

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Frequently Asked Questions

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

The Mahindra Bolero Neo on-road price in Mumbai ranges from ₹10,58,325 to ₹12,86,010 (October 2026), depending on the variant. This includes Maharashtra road tax, an insurance estimate and registration charges.

How much is the road tax on the Bolero Neo in Maharashtra?

Maharashtra charges roughly 14% road tax on the N10 (R) variant of the Mahindra Bolero Neo (Diesel), which works out to about ₹1,41,260 on its ex-showroom price of ₹10,09,000.

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

With a 20% down payment, a 9% interest rate and a 5-year tenure, the EMI on the N10 (R) variant (on-road ₹12,02,710 in Mumbai) works out to roughly ₹19,973.025 per month. Use the calculator on this page to adjust the numbers.