Mahindra Bolero Neo Plus on-road price in Indore

₹13,00,793 to ₹14,23,443 on the road

2 variants

EMI from about ₹21,860 a month on the Indore on-road price, at 9.5% a year over 5 years with 20% down. Set your own numbers →

As of September 2026First personal carIndividual buyerPaid in cash

Madhya Pradesh sets these charges, so the same figures apply in Bhopal, Jabalpur, Gwalior and Ujjain.

Why

Registering in a different city of the state does not change them.

All 2 variants priced in Indore

Variant	Ex-showroom	On-road in Indore
P4 Diesel MT	₹11.39L	₹13,00,793
P10 Diesel MT	₹12.49L	₹14,23,443

How the P4 Diesel MT's ₹13,00,793 breaks down

Getting it on the road in Indore adds ₹1.62L to the sticker, and road tax is the biggest part of that.

Ex-showroom price: ₹11,39,000
Road tax (10.5%): ₹1,19,595
Registration fee (central): ₹800
TCS (1%, adjustable against your income tax)refundable: ₹11,390
Third-party insurance (3 years, incl. 18% GST): ₹29,023
Personal accident cover (1 year, incl. 18% GST)estimate: ₹885
FASTagestimate: ₹100
Comprehensive own-damage covernot in this total: insurer-priced
On-road in Indore: ₹13,00,793

The fine print

Road tax (10.5%): Derived 2026-08-07 from CarWale's published on-road breakdown for Indore, 10 cars from Rs 3.70L to Rs 59.65L. Up to Rs 10L: 3 observations, raw 8.96% to 9.28%, slope 8.91%. Rs 10L to 20L: 3 observations, raw 10.57% to 10.73%, slope 10.60%. Rs 20L to 50L: 2 observations, slope 14.76%. Above Rs 50L: one observation at 16.41%. NOT read from any Madhya Pradesh notification; mptransport.org has been returning HTTP 503 all day
Registration fee (central): CMVR Rule 81, as amended by GSR 1183(E) dated 29-12-2016
TCS (1%, adjustable against your income tax): Income-tax Act 1961 s.206C(1F) from 1 June 2016, and from 1 April 2026 s.394(1) of the Income-tax Act 2025 at the same rate and threshold (renumbering reported, not read from the Act); creditable against the buyer's income tax
Third-party insurance (3 years, incl. 18% GST): Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules 2022, G.S.R. 394(E) dated 25-05-2022, as amended by G.S.R. 32(E) dated 05-01-2024; both gazettes read from egazette.gov.in. PA cover per IRDAI circular IRDAI/NL/CIR/MOTP/158/09/2018
Personal accident cover (1 year, incl. 18% GST): Motor Vehicles (Third Party Insurance Base Premium and Liability) Rules 2022, G.S.R. 394(E) dated 25-05-2022, as amended by G.S.R. 32(E) dated 05-01-2024; both gazettes read from egazette.gov.in. PA cover per IRDAI circular IRDAI/NL/CIR/MOTP/158/09/2018; The Rs 15 lakh owner-driver cover is mandatory; this prescribed rate is what most insurers charge for the annual form.
FASTag: Tag cost only. Issuers add a deposit and minimum balance; dealer bundles commonly total Rs 500-600.
Comprehensive own-damage cover: Not in this total. Lenders require it and most buyers take it, but it has been market-priced since 2007 and varies widely with insurer, cover value and no-claim bonus, so an honest single figure does not exist. Budget for it from real quotes on top of this total.

Madhya Pradesh's rates here are derived from published on-road prices rather than read from the state's own schedule, so treat them as indicative and confirm with your dealer.

Confirm the final figure with your dealer before paying.

Where these figures come from

One figure here is weaker than the rest: the road tax is what Madhya Pradesh is reported to charge, not something we could read in a notification. Treat that line as indicative and confirm it with your dealer. Everything else is computed from Madhya Pradesh's own documents, last checked on 2026-08-07. Rates change with state budgets, so confirm the final figure with your dealer before paying.

Registering a Bolero Neo Plus in Indore

Cars registered in Indore carry MP-09 plates, issued by the Regional Transport Office, Indore.

Series	Issuing office	Covers
MP-09	Regional Transport Office, Indore	Indore district

Vahan citizen services RTO list for Madhya Pradesh on parivahan.gov.in, which renders the code as MP9; the state department's own pages were unreachable and their archives carry no code table, so the ministry's portal is the official source used. Verified from the Wayback Machine snapshot dated 2022-11-30, checked 2026-08-09.

Bolero Neo Plus on-road price in other cities

Same figures, same state: Bhopal, Jabalpur, Gwalior, Ujjain

Different state, different figures: Mumbai, Pune, Delhi, Bengaluru, Chennai, Hyderabad, Kolkata, Jaipur, Gurugram, Lucknow, Patna, Ahmedabad, Ludhiana, Kochi, Visakhapatnam, Itanagar, Guwahati, Raipur, Panaji, Ranchi, Shillong, Aizawl, Bhubaneswar, Srinagar, Leh

See what the Bolero Neo Plus costs on the road in all 25 states we price →

Every Mahindra Bolero Neo Plus variant, compared →

Questions buyers ask

What is the Mahindra Bolero Neo Plus on-road price in Indore?

Between ₹13,00,793 for the P4 Diesel MT and ₹14,23,443 for the P10 Diesel MT, as of September 2026. That covers Madhya Pradesh road tax, registration and the mandatory insurance; comprehensive own-damage cover is priced by insurers and comes on top.

How much is the road tax on the Mahindra Bolero Neo Plus in Indore?

₹1,19,595 on the P4 Diesel MT at ₹11.39L ex-showroom. The rate comes from Madhya Pradesh's own schedule (Derived 2026-08-07 from CarWale's published on-road breakdown for Indore, 10 cars from Rs 3.70L to Rs 59.65L. Up to Rs 10L: 3 observations, raw 8.96% to 9.28%, slope 8.91%. Rs 10L to 20L: 3 observations, raw 10.57% to 10.73%, slope 10.60%. Rs 20L to 50L: 2 observations, slope 14.76%. Above Rs 50L: one observation at 16.41%. NOT read from any Madhya Pradesh notification; mptransport.org has been returning HTTP 503 all day), verified on 2026-08-07.

Is the Mahindra Bolero Neo Plus cheaper on-road in another city of Madhya Pradesh?

No. Madhya Pradesh sets these charges, so the same figures apply in Bhopal, Jabalpur, Gwalior and Ujjain: registering in a different city of the state does not change them.

Which number plate series does a Mahindra Bolero Neo Plus registered in Indore get?

Cars registered in Indore carry MP-09 plates, issued by the Regional Transport Office, Indore. The series belongs to the office, not the car, so every vehicle registered there wears it (Vahan citizen services RTO list for Madhya Pradesh on parivahan.gov.in, which renders the code as MP9; the state department's own pages were unreachable and their archives carry no code table, so the ministry's portal is the official source used. Verified from the Wayback Machine snapshot dated 2022-11-30, checked 2026-08-09).