Mahindra Bolero Neo Plus EMI Calculator

The calculated EMI for Mahindra Bolero Neo Plus is Rs. 24,161 per month @ 10.5% for a tenure of 60 months for a loan amount of Rs. 11,24,100. Check out the ZigWheels EMI calculator to find the best car finance for Mahindra Bolero Neo Plus 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 Plus

Ex-showroom

: Rs. 12,49,000

Loan amount

: Rs. 11,24,100 (90 % of Ex-showroom)

Down payment

: Rs. 4,00,514 (On-road + Processing fees + EMI - Loan amount)

Monthy EMI

: Rs. 24,161 (For Tenure of 60 months @ 10.5%)

Insurance

: Rs. 77,388 (Check Bolero Neo Plus 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. 23,253 (60 months)
	9% onwards	Rs. 23,334 (60 months)
	9.15% onwards	Rs. 23,416 (60 months)
	8.7% onwards	Rs. 23,171 (60 months)

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Mahindra Bolero Neo Plus

4.1 20 user reviews

Rs. 11.39 Lakh

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Mahindra Bolero Neo Plus Down Payment and EMI

Bolero Neo Plus Variants	Loan @10.5%	Down Payment	EMI (60 months)
P4	Rs. 10,25,100	Rs. 3,68,294	Rs. 22,033
P10	Rs. 11,24,100	Rs. 4,00,514	Rs. 24,161

EMI of Competitors

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Scorpio EMI Bolero Neo Plus vs Scorpio
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Curvv EMI Bolero Neo Plus vs Curvv
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XUV700 EMI Bolero Neo Plus vs XUV700

Must Read Questions & Answers Before Buying Bolero Neo Plus

Q. What is the launch date of the Mahindra Bolero Neo Plus?

Mileage
As of now there is no official update from the brands end. So, we would request you to wait for official announcement. However, it is expected to be launched in Mar 15, 2024.