Mahindra Bolero Neo Car Loan EMI Calculator
Mahindra Bolero Neo EMI starts at 20,167 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1.05 Lakh. Mahindra Bolero Neo price starts at ₹ 11.00 Lakh and goes up to ₹ 13.51 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
![Mahindra Bolero Neo Mahindra Bolero Neo](https://imgd-ct.aeplcdn.com/370x208/n/cw/ec/131187/bolero-neo-right-front-three-quarter.jpeg?isig=0&q=80)
Variant
N4
City
Kharar
Adjust Bolero Neo Car Loan Parameters
On-Road Price
₹ 10,99,755₹ 20,167 for 5 Years
Mahindra Bolero Neo 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 | ₹ 1,68,531 | ₹ 73,473 | ₹ 8,26,069 |
24 | ₹ 1,82,521 | ₹ 59,483 | ₹ 6,43,548 |
36 | ₹ 1,97,671 | ₹ 44,333 | ₹ 4,45,877 |
48 | ₹ 2,14,077 | ₹ 27,927 | ₹ 2,31,800 |
60 | ₹ 2,31,800 | ₹ 10,159 | ₹ 0 |
Mahindra Bolero Neo EMI
Mahindra Bolero Neo Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1,05,155
On-Road Price in Kharar | Min Down Payment | EMI |
---|---|---|
N4 ₹ 10,99,755 | ₹1,05,155 | ₹20,167 |
N8 ₹ 11,85,239 | ₹1,21,438 | ₹21,570 |
N10 ₹ 12,76,602 | ₹1,29,102 | ₹23,267 |
N10 (O) ₹ 13,50,830 | ₹1,35,330 | ₹24,646 |
Check Car Loan EMIs of Mahindra Bolero Neo Similar Cars
![Mahindra Bolero Neo Plus Mahindra Bolero Neo Plus](https://imgd-ct.aeplcdn.com/664x374/n/cw/ec/123753/bolero-neo-plus-right-front-three-quarter.png?isig=0&q=80)
₹ 13.03 - 14.25 Lakh
On-Road Price, Kharar
![Mahindra Bolero Mahindra Bolero](https://imgd-ct.aeplcdn.com/664x374/n/cw/ec/131183/bolero-right-front-three-quarter.jpeg?isig=0&q=80)
₹ 10.83 - 12.14 Lakh
On-Road Price, Kharar
![Maruti Suzuki Ertiga Maruti Suzuki Ertiga](https://imgd-ct.aeplcdn.com/664x374/n/cw/ec/115823/ertiga-right-front-three-quarter-3.jpeg?isig=0&q=80)
₹ 9.59 - 14.39 Lakh
On-Road Price, Kharar
![Toyota Rumion Toyota Rumion](https://imgd-ct.aeplcdn.com/664x374/n/cw/ec/106275/rumion-right-front-three-quarter-3.jpeg?isig=0&q=80)
₹ 11.58 - 15.15 Lakh
On-Road Price, Kharar
![Mahindra Scorpio Mahindra Scorpio](https://imgd-ct.aeplcdn.com/664x374/n/cw/ec/128762/scorpio-classic-right-front-three-quarter-2.jpeg?isig=0&q=80)
₹ 15.49 - 19.74 Lakh
On-Road Price, Kharar
![Kia Carens Kia Carens](https://imgd-ct.aeplcdn.com/664x374/n/cw/ec/174327/carens-right-front-three-quarter-2.jpeg?isig=0&q=80)
₹ 11.66 - 21.93 Lakh
On-Road Price, Kharar
![Tata Punch EV Tata Punch EV](https://imgd-ct.aeplcdn.com/664x374/n/cw/ec/148367/punch-ev-right-front-three-quarter-2.jpeg?isig=0&q=80)
₹ 12.64 - 17.24 Lakh
On-Road Price, Kharar
![Hyundai Venue Hyundai Venue](https://imgd-ct.aeplcdn.com/664x374/n/cw/ec/141147/venue-right-front-three-quarter.jpeg?isig=0&q=80)
₹ 8.80 - 14.91 Lakh
On-Road Price, Kharar
![Maruti Suzuki XL6 Maruti Suzuki XL6](https://imgd-ct.aeplcdn.com/664x374/n/cw/ec/116203/2022-xl6-right-front-three-quarter-3.jpeg?isig=0&q=80)
₹ 12.85 - 16.28 Lakh
On-Road Price, Kharar
Explore more about Mahindra Bolero Neo
Bolero Neo EMI FAQs
Here is how - Mahindra Bolero Neo price starts from ₹ 10,99,755 in Kharar. If you pay a down payment of ₹ 1,05,155 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 20,167.
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 Kharar | Max Loan |
---|---|---|
N4 | ₹ 10,99,755 | ₹ 9,94,600 |
N8 | ₹ 11,85,239 | ₹ 10,63,801 |
N10 | ₹ 12,76,602 | ₹ 11,47,500 |
N10 (O) | ₹ 13,50,830 | ₹ 12,15,500 |
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 N4 will be ₹ 17,141 but you will have to pay interest of ₹ 4,45,244 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 ₹ 34,462, but your interest payment will be only ₹ 2,46,032 over the 3 years period.