Mahindra Bolero Car Loan EMI Calculator
Mahindra Bolero EMI starts at 20,228 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1.91 Lakh. Mahindra Bolero price starts at ₹ 11.88 Lakh and goes up to ₹ 13.62 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
B4
City
Kundrathur
Adjust Bolero Car Loan Parameters
On-Road Price
₹ 11,88,496₹ 20,228 for 5 Years
Mahindra Bolero 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 | ₹ 1,69,042 | ₹ 73,694 | ₹ 8,28,558 |
24 | ₹ 1,83,075 | ₹ 59,661 | ₹ 6,45,483 |
36 | ₹ 1,98,267 | ₹ 44,469 | ₹ 4,47,216 |
48 | ₹ 2,14,726 | ₹ 28,010 | ₹ 2,32,490 |
60 | ₹ 2,32,490 | ₹ 10,188 | ₹ 0 |
Mahindra Bolero EMI
Mahindra Bolero Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1,90,896
On-Road Price in Kundrathur | Min Down Payment | EMI |
---|---|---|
B4 ₹ 11,88,496 | ₹1,90,896 | ₹20,228 |
B6 ₹ 12,73,481 | ₹2,55,381 | ₹20,643 |
B6 (O) ₹ 13,62,349 | ₹2,71,749 | ₹22,113 |
Check Car Loan EMIs of Mahindra Bolero Similar Cars
₹ 11.85 - 15.15 Lakh
On-Road Price, Kundrathur
₹ 14.41 - 15.76 Lakh
On-Road Price, Kundrathur
₹ 17.11 - 21.76 Lakh
On-Road Price, Kundrathur
₹ 8.69 - 13.03 Lakh
Avg. Ex-Showroom price
₹ 14.17 - 22.07 Lakh
On-Road Price, Kundrathur
₹ 9.48 - 16.72 Lakh
On-Road Price, Kundrathur
₹ 8.34 - 14.14 Lakh
Avg. Ex-Showroom price
₹ 13.05 - 17.09 Lakh
On-Road Price, Kundrathur
₹ 9.76 - 19.66 Lakh
On-Road Price, Kundrathur
Explore more about Mahindra Bolero
Bolero EMI FAQs
Here is how - Mahindra Bolero price starts from ₹ 11,88,496 in Kundrathur. If you pay a down payment of ₹ 1,90,896 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 20,228.
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 Kundrathur | Max Loan |
---|---|---|
B4 | ₹ 11,88,496 | ₹ 9,97,600 |
B6 | ₹ 12,73,481 | ₹ 10,18,100 |
B6 (O) | ₹ 13,62,349 | ₹ 10,90,600 |
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 B4 will be ₹ 18,524 but you will have to pay interest of ₹ 5,58,416 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 ₹ 37,243, but your interest payment will be only ₹ 3,43,148 over the 3 years period.