Mahindra Bolero Neo On-Road Price in Mumbai 2026
Maharashtra · 5 variants · updated 2026
Ex-showroom from ₹8.99 L · EMI from ₹26,566/mo*
| Fuel | Diesel |
| Body | SUV |
The Mahindra Bolero Neo on-road price in Mumbai starts at ₹10.51 L and goes up to ₹12.84 L for the top variant, on an ex-showroom price from ₹8.99 L. Each figure below adds Maharashtra road tax / RTO, registration, first-year insurance, 1% TCS and FASTag / handling on top of the ex-showroom price.
Bolero Neo Variant-wise On-Road Price in MumbaiTap a row for the break-up
N4 Base Diesel · ex-showroom ₹8.99 L ₹10.51 L Tap for break-up ▾ Hide break-up ▴
| Ex-showroom price | ₹8,99,000 |
| Road tax / RTO13.0% in Maharashtra | ₹1,16,870 |
| Registration & charges | ₹2,100 |
| Insurance (1st year, est.) | ₹31,465 |
| FASTag + handling | ₹2,000 |
| On-road price, Mumbai | ₹10,51,435 |
N8 Diesel · ex-showroom ₹9.69 L ₹11.33 L Tap for break-up ▾ Hide break-up ▴
| Ex-showroom price | ₹9,69,000 |
| Road tax / RTO13.0% in Maharashtra | ₹1,25,970 |
| Registration & charges | ₹2,100 |
| Insurance (1st year, est.) | ₹33,915 |
| FASTag + handling | ₹2,000 |
| On-road price, Mumbai | ₹11,32,985 |
N10 (R) Diesel · ex-showroom ₹10.09 L ₹12.01 L Tap for break-up ▾ Hide break-up ▴
| Ex-showroom price | ₹10,09,000 |
| Road tax / RTO14.0% in Maharashtra | ₹1,41,260 |
| Registration & charges | ₹3,500 |
| TCS (1%, price > ₹10L) | ₹10,090 |
| Insurance (1st year, est.) | ₹35,315 |
| FASTag + handling | ₹2,000 |
| On-road price, Mumbai | ₹12,01,165 |
N11 Diesel · ex-showroom ₹10.30 L ₹12.26 L Tap for break-up ▾ Hide break-up ▴
| Ex-showroom price | ₹10,30,000 |
| Road tax / RTO14.0% in Maharashtra | ₹1,44,200 |
| Registration & charges | ₹3,500 |
| TCS (1%, price > ₹10L) | ₹10,300 |
| Insurance (1st year, est.) | ₹36,050 |
| FASTag + handling | ₹2,000 |
| On-road price, Mumbai | ₹12,26,050 |
N10 (O) Top Diesel · ex-showroom ₹10.79 L ₹12.84 L Tap for break-up ▾ Hide break-up ▴
| Ex-showroom price | ₹10,79,000 |
| Road tax / RTO14.0% in Maharashtra | ₹1,51,060 |
| Registration & charges | ₹3,500 |
| TCS (1%, price > ₹10L) | ₹10,790 |
| Insurance (1st year, est.) | ₹37,765 |
| FASTag + handling | ₹2,000 |
| On-road price, Mumbai | ₹12,84,115 |
Estimates for a private individual registration — actual figures vary by variant, dealer and date. Confirm the exact quote with the dealer.
How the on-road price is calculated
The on-road price is the total you pay to drive the car home. It starts from the ex-showroom price and adds Maharashtra's road tax / RTO (13.0% in Maharashtra), registration & handling, first-year insurance, and 1% TCS where the price crosses ₹10 lakh. Because road tax is set by each state, the Bolero Neo's on-road price in Mumbai differs from other cities.
Where to buy the Bolero Neo in Mumbai
There are 17 authorised Mahindra showrooms in Mumbai where you can book a test drive of the Bolero Neo and confirm the exact on-road quote. View Mahindra dealers in Mumbai — address, phone & directions →
Bolero Neo on-road price — FAQs
What is the on-road price of Mahindra Bolero Neo in Mumbai? ▾
The on-road price of the Mahindra Bolero Neo in Mumbai ranges from ₹10.51 L (₹10,51,435) for the base variant to ₹12.84 L (₹12,84,115) for the top variant. It includes road tax/RTO, registration, insurance and other charges over the ex-showroom price.
How much is the road tax (RTO) on the Mahindra Bolero Neo in Mumbai? ▾
The road tax/RTO for the Mahindra Bolero Neo in Mumbai (Maharashtra) is about ₹1,16,870 on the entry variant — 13.0% in Maharashtra.
What is the EMI for the Mahindra Bolero Neo in Mumbai? ▾
The EMI for the Mahindra Bolero Neo starts at around ₹26,566/month (on the entry on-road price of ₹10,51,435, at 9.8% p.a. for 48 months). Use our EMI calculator to adjust the down payment, tenure and rate.
Why is the on-road price higher than the ex-showroom price? ▾
The on-road price adds state road tax/RTO, registration, first-year insurance, TCS (1% above ₹10 lakh) and FASTag/handling on top of the ex-showroom price. As road tax is set by each state, the on-road price differs across cities.