Mahindra Bolero Neo EMI Calculator

The calculated EMI for Mahindra Bolero Neo is Rs. 22,198 per month @ 10.5% for a tenure of 60 months for a loan amount of Rs. 10,32,749. Check out the ZigWheels EMI calculator to find the best car finance for Mahindra Bolero Neo or calculate loan interest rate and equated monthly instalments(EMI) by entering the amount of car loan that you wish to take. The ZigWheels EMI calculator calculates instalment on reducing balance.

EMI Calculation for Bolero Neo

Ex-showroom

: Rs. 11,47,499

Loan amount

: Rs. 10,32,749 (90 % of Ex-showroom)

Down payment

: Rs. 3,52,296 (On-road + Processing fees + EMI - Loan amount)

Monthy EMI

: Rs. 22,198 (For Tenure of 60 months @ 10.5%)

Insurance

: Rs. 54,986 (Check Bolero Neo Insurance)

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Car Loan EMI Calculator

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EMI in advance: You pay one EMI instalment in advance to the bank. This amount is deducted from the loan amount disbursed to the dealer. Thus it gets added to the down payment that you are to make.
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EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees. ..Read More ..Read Less

Loan offers from Top Banks

Lending Partners	Interest Rate	EMI Starting From (N Months)
	8.85% onwards	Rs. 21,363 (60 months)
	9% onwards	Rs. 21,438 (60 months)
	9.15% onwards	Rs. 21,513 (60 months)
	8.7% onwards	Rs. 21,288 (60 months)

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Mahindra Bolero Neo

4.1 95 user reviews

Rs. 9.94 Lakh

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Mahindra Bolero Neo Down Payment and EMI

Bolero Neo Variants	Loan @10.5%	Down Payment	EMI (60 months)
N4	Rs. 8,95,140	Rs. 2,59,736	Rs. 19,240
N8	Rs. 9,57,420	Rs. 3,27,928	Rs. 20,579
N10 R	Rs. 10,32,749	Rs. 3,52,296	Rs. 22,198
N10 Option	Rs. 10,93,949	Rs. 3,72,094	Rs. 23,513

EMI of Competitors

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Creta EMI Bolero Neo vs Creta
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Jimny EMI Bolero Neo vs Jimny
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Thar ROXX EMI Bolero Neo vs Thar ROXX

Must Read Questions & Answers Before Buying Bolero Neo

Q. Why is the Bolero Neo suspension tightened.. Doesn't it makes the ride quality more stiffer & bumpy..???

No it's good

Q. Zero down payment available on Bolero?

500000

Q. What is the difference between N 10 and N 10 R?

Does Bolero Neo N10 have cornering light
Mld
N10 R is having BS 6 phase 2 engine N10 R is not having integrated mahindra infotainment system, its not having voice message h.N10 R infotainment system is really bad speaker quality is worse. Apart from this everything is same.

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