Here’s a look at the Mahindra Bolero Neo—a rugged yet updated mini-SUV from Mahindra:
Overview & Heritage
- The Bolero Neo is the evolved iteration of the erstwhile Mahindra TUV300, rebranded and lightly facelifted for a fresher appeal in 2021
- It retains the characteristic ladder-frame (body-on-frame) chassis and rear-wheel-drive layout, accentuating its durable build suited for tough Indian terrains
Engine, Performance & Specs
- Engine: 1.5 L (1,493 cc) mHawk diesel, producing around 100 bhp @ 3,750 rpm and 260 Nm torque between 1,750–2,250 rpm
- Transmission: 5-speed manual; a 5-speed AMT was available earlier in TUV300 but not in current Neo
- Fuel Efficiency (ARAI): ~17.3 kmpl (combined), with ~16 kmpl city and ~18 kmpl highway
Dimensions:
- Length: 3,995 mm
- Width: 1,795 mm
- Height: 1,817 mm
- Wheelbase: 2,680 mm
Ground Clearance: ~180 mm
Boot Space: 384 L; Seating: 7 passengers; Fuel Tank: 50 L
Variants & Pricing
- Available variants: N4 (base), N8, N10, and N10 Option (top-end)
- Ex-showroom price range (New Delhi):
- N4: ₹9.97 L
- N8: ₹10.66 L
- N10: ₹11.50 L
- N10 Option: ₹12.18 L
- On-road price starts around ₹11.3 L in Delhi
- Offers and waiting periods fluctuate—recently a 1–2 month waiting period has been reported .
Safety, Comfort & Features
- Safety: Received only 1-star adult and 1-star child safety ratings on Global NCAP tests (2024)
- Features: Common add-ons include parking sensors, cruise control, dual airbags, a 7-inch touchscreen, and locking rear differential on select variants .
Bolero Neo Plus Variant
For those needing more space and seating:
- Bolero Neo Plus (launched April 2024) is an extended-wheelbase 9-seater version with the 2.2 L mHawk diesel engine (118–120 hp, ~280 Nm torque) paired with a 6-speed manual transmission
- Seating layout is 2-3-4, ideal for high-capacity needs such as rural or semi-urban usage
- Variant details:
- P4 (base): Basic essentials like power steering and dual airbags.
- P10 (top): Adds alloy wheels, LED DRLs, infotainment, rear camera, ISOFIX mounts
- Price (ex-showroom Delhi): ₹11.41 L to ₹12.51 L .
- Mileage (expected): ~14 kmpl ARAI, 12–14 kmpl real-world .
- Additional updates: Ambulance variant launched April 2024; safety feature enhancements added June 2024 .
Mahindra cars have always been the first choice of people in the Indian automobile market. Especially in this SUV segment, its cars are always on top. Mahindra’s car Mahindra Bolero Neo is especially liked. If you are thinking of buying the top variant of this car and are confused about the budget, then here we will tell you how you can buy it on monthly EMI after making a down payment of ₹ 2 lakh.
Mahindra Bolero Neo Price
Ever since Mahindra introduced the Bolero Neo in the SUV segment, the number of its buyers keeps increasing. The ex-showroom price of its top variant is Rs 11.48 lakh. If you buy it in a city like Delhi, you will have to pay RTO charge of about Rs 1.43 lakh and insurance of about Rs 55 thousand. Adding all this, the on-road price of this car reaches about Rs 13.57 lakh. That is, to buy the car, you will have to spend a total of about Rs 13.5 lakh.
EMI after down payment of Rs 2 lakh
If you make a down payment of Rs 2 lakh to buy this car, then the remaining amount will be financed by the bank. In such a situation, you will have to take a car loan of about Rs 11.57 lakh. If the bank gives you a loan for seven years (84 months) at an interest rate of 9 percent, then you will have to pay an EMI of about Rs 18,621 every month. This EMI will have to be paid continuously for seven years.
Total cost of purchasing the car
Buying a car on loan means that you will have to pay more than the actual price of the car. If you pay EMI for seven years at 9 percent interest rate, then you will have to pay around Rs 4.06 lakh more in interest. In this way, the price of the car (on-road price + interest included) will reach around Rs 17.64 lakh. That is, while buying a car, it is important to keep in mind not only the ex-showroom price but also the interest.
Powerful features and design
Mahindra Bolero Neo is especially known for its strong design and perfect SUV look. This car is the best option for those who travel long distances along with city driving. In this car, you get a comfortable seating position, powerful engine and strong road presence. This is the reason why this car remains the choice of everyone from villages and broken areas to urban customers.
Who will compete with
Mahindra Bolero Neo competes with many powerful SUVs already present in the Indian market. These include vehicles like Maruti Grand Vitara, Hyundai Creta, Kia Seltos and Honda Elevate. You get modern features and attractive design in these vehicles, but Mahindra Bolero Neo has a distinct identity among the customers due to its robustness and reliable performance.
After making a down payment of Rs 2 lakh, you can bring it home by paying an EMI of about Rs 18,600 per month. Yes, keep in mind that the total cost with EMI will be more than the on-road price, as interest will also be added to it. But in this budget, this car can prove to be a strong option in the SUV segment.
Also Read:
This new Honda Shine DX bike Booking Started on August 1
Nissan X-Trail Review – Luxury, Comfort & Performance at ₹49.92 Lakh
Jeep Meridian 2025 – Powerful 2.0L Diesel, 7 Seater SUV at Just ₹33.40 Lakh
