Mahindra Bolero Neo Plus Car Loan EMI Calculator
Mahindra Bolero Neo Plus EMI starts at 23,095 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2.60 Lakh. Mahindra Bolero Neo Plus price starts at ₹ 13.99 Lakh and goes up to ₹ 15.30 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
P4
City
Mumbai
Adjust Bolero Neo Plus Car Loan Parameters
On-Road Price
₹ 13,98,574₹ 23,095 for 5 Years
Mahindra Bolero Neo Plus Loan Repayment Schedule
This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 1,93,002 | ₹ 84,138 | ₹ 9,45,998 |
24 | ₹ 2,09,019 | ₹ 68,121 | ₹ 7,36,979 |
36 | ₹ 2,26,369 | ₹ 50,771 | ₹ 5,10,610 |
48 | ₹ 2,45,157 | ₹ 31,983 | ₹ 2,65,453 |
60 | ₹ 2,65,453 | ₹ 11,636 | ₹ 0 |
Mahindra Bolero Neo Plus EMI
Mahindra Bolero Neo Plus Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2,59,574
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
P4 ₹ 13,98,574 | ₹2,59,574 | ₹23,095 |
P10 ₹ 15,29,624 | ₹2,80,624 | ₹25,325 |
Check Car Loan EMIs of Mahindra Bolero Neo Plus Similar Cars
₹ 11.87 - 14.70 Lakh
On-Road Price, Mumbai
₹ 11.91 - 13.22 Lakh
On-Road Price, Mumbai
₹ 10.12 - 15.34 Lakh
On-Road Price, Mumbai
₹ 16.60 - 21.12 Lakh
On-Road Price, Mumbai
₹ 9.60 - 19.08 Lakh
On-Road Price, Mumbai
₹ 8.82 - 18.39 Lakh
On-Road Price, Mumbai
₹ 9.30 - 16.16 Lakh
On-Road Price, Mumbai
₹ 9.72 - 16.63 Lakh
On-Road Price, Mumbai
₹ 12.54 - 23.68 Lakh
On-Road Price, Mumbai
Explore more about Mahindra Bolero Neo Plus
Bolero Neo Plus EMI FAQs
Here is how - Mahindra Bolero Neo Plus price starts from ₹ 13,98,574 in Mumbai. If you pay a down payment of ₹ 2,59,574 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 23,095.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Mumbai | Max Loan |
---|---|---|
P4 | ₹ 13,98,574 | ₹ 11,39,000 |
P10 | ₹ 15,29,624 | ₹ 12,49,000 |
As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for Bolero Neo Plus P4 will be ₹ 21,798 but you will have to pay interest of ₹ 6,92,032 over the period of 7 years.
- 2. If you select a lower tenure loan, let's say 3 years, your EMI amount will be higher at ₹ 43,826, but your interest payment will be only ₹ 4,38,736 over the 3 years period.