Mahindra Bolero Neo On-Road Price in Mumbai (2026)
The Mahindra Bolero Neo on-road price in Mumbai ranges from ₹11,65,250 to ₹14,30,000 (July 2026). That includes Maharashtra 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 Mumbai
| Variant | Ex-showroom | Road Tax (Maharashtra) | Insurance (est.) | On-Road Price |
|---|---|---|---|---|
| N4 (Diesel) | ₹9,90,000 | ₹1,28,700 (13%) | ₹44,550 | ₹11,65,250 |
| N8 (Diesel) | ₹11,40,000 | ₹1,59,600 (14%) | ₹45,600 | ₹13,58,600 |
| N10 (Diesel) | ₹11,90,000 | ₹1,66,600 (14%) | ₹47,600 | ₹14,18,100 |
| N10 (O) (Diesel) | ₹12,20,000 | ₹1,70,800 (14%) | ₹48,800 | ₹14,53,800 |
| N10 Bold Edition (Diesel) | ₹12,00,000 | ₹1,68,000 (14%) | ₹48,000 | ₹14,30,000 |
Full Breakup — N10 (Diesel)
| Ex-showroom price | ₹11,90,000 |
| Road tax & registration (Maharashtra, 14%) | ₹1,66,600 |
| Comprehensive insurance (estimate) | ₹47,600 |
| TCS (1%, cars above ₹10 lakh) | ₹11,900 |
| FASTag & misc charges | ₹2,000 |
| Total on-road price in Mumbai | ₹14,18,100 |
Estimates based on published Maharashtra 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 Mumbai
Monthly EMI
₹23,550
Loan amount
₹11,34,480
Total interest
₹2,78,516
Bolero Neo On-Road Price in Other Cities
Rival Prices in Mumbai
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 ₹11,65,250 to ₹14,30,000 (July 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 variant of the Mahindra Bolero Neo (Diesel), which works out to about ₹1,66,600 on its ex-showroom price of ₹11,90,000.
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 variant (on-road ₹14,18,100 in Mumbai) works out to roughly ₹23,549.939 per month. Use the calculator on this page to adjust the numbers.