Mahindra Bolero Neo on-road price in Amritsar
₹9,97,350 to ₹11,91,565 on the road5 variants
EMI from about ₹16,760 a month on the Amritsar on-road price, at 9.5% a year over 5 years with 20% down.
Figures as of October 2026, for a first personal car, bought by an individual and paid in cash.
Punjab sets these charges, so the same figures apply in Ludhiana, Jalandhar, Patiala and Mohali and beyond.
Why
All 5 variants priced in Amritsar
| Variant | Ex-showroom | On-road in Amritsar |
|---|---|---|
| N4 Diesel MT | ₹9.06L | ₹9,97,350 |
| N8 Diesel MT | ₹9.69L | ₹10,65,705 |
| N10 (R) Diesel MT | ₹10.09L | ₹11,09,105 |
| N11 Diesel MT | ₹10.30L | ₹11,31,890 |
| N10 Opt Diesel MT | ₹10.85L | ₹11,91,565 |
What the road adds in Amritsar, variant by variant
Cheapest on the road first. The orange is Punjab's own share.
- N4 Diesel MT₹9,97,350+10%
₹9,06,000 ex-showroom, Punjab takes ₹77,010, everything else ₹14,340
- N8 Diesel MT₹10,65,705+10%
₹9,69,000 ex-showroom, Punjab takes ₹82,365, everything else ₹14,340
- N10 (R) Diesel MT₹11,09,105+10%
₹10,09,000 ex-showroom, Punjab takes ₹75,675, everything else ₹24,430
- N11 Diesel MT₹11,31,890+10%
₹10,30,000 ex-showroom, Punjab takes ₹77,250, everything else ₹24,640
- N10 Opt Diesel MT₹11,91,565+10%
₹10,85,000 ex-showroom, Punjab takes ₹81,375, everything else ₹25,190
Bolero Neo variants on Punjab's tax steps
Punjab charges a higher rate on the whole price once it crosses a line. Here is which variant sits where.
Dieselby price
- 8.5%to ₹10 lakh
N4 Diesel MT, N8 Diesel MT
- 7.5%to ₹20 lakh
N10 (R) Diesel MT, N11 Diesel MT, N10 Opt Diesel MT
- 8.5%above
no variant here
Worth knowing before you sign
- On the Mahindra Bolero Neo N4 Diesel MT, Amritsar is 7th cheapest of 25 states: ₹49,830 over Arunachal Pradesh and ₹64,782 under Karnataka.
Which Bolero Neo to buy
Of every paid step up this ladder, N8 to N10 (R) buys you the most for your money. In Amritsar that step costs ₹43,400 on the road, rather than the ₹40,000 the showroom prices suggest.
Is the N10 (R) worth it over the N8? →
Or weigh the whole ladder: which Bolero Neo is worth the money →
Bolero Neo rivals on the road in Amritsar
The cheapest way into this group in Amritsar is the Kia Syros, from ₹9,23,050 on the road, ₹74,300 under the Bolero Neo's ₹9,97,350. Each figure is that car's cheapest variant on the road in Amritsar, on the same Punjab road tax.
The Bolero Neo in its colours
Stealth Black
Vehicle images: Mahindra official media assets (auto.mahindra.com)
How the N4 Diesel MT's ₹9,97,350 breaks down
Getting it on the road in Amritsar adds ₹91,350 to the ex-showroom price, and road tax is the biggest part of that.
- Ex-showroom price
- ₹9,06,000
- Road tax (8.5%)
- ₹77,010
- Registration fee (central)
- ₹800
- Third-party insurance (3 years, incl. 18% GST)
- ₹12,555
- Personal accident cover (1 year, incl. 18% GST)estimate
- ₹885
- FASTagestimate
- ₹100
- Comprehensive own-damage covernot in this total
- insurer-priced
- On-road in Amritsar
- ₹9,97,350
The fine print
- Road tax (8.5%)
- Derived 2026-08-07 from CarWale's Amritsar and Jalandhar breakdowns, 8 cars from Rs 3.70L to Rs 59.65L, with the VW Tayron excluded as a cross-state default. Fitted slopes 8.11% up to Rs 10L (3 cars, worst residual Rs 464), 7.54% from Rs 10L to Rs 20L (3 cars, worst Rs 3,260) and 8.09% above (2 cars). Ludhiana runs higher below Rs 14 lakh, possibly a local charge, and is not what these rates are fitted to. NOT read from any Punjab notification
- Registration fee (central)
- CMVR Rule 81, as amended by GSR 1183(E) dated 29-12-2016
- 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.
- Punjab's rates here are derived from published on-road prices rather than read from the state's own schedule, and Ludhiana appears to add a local charge below Rs 14 lakh that these figures do not include.
Confirm the final figure with your dealer before paying.
Where these figures come from
Bolero Neo on-road price in other cities
See 30 other cities
Same figures, same state: Ludhiana, Jalandhar, Patiala, Mohali, Bathinda
Different state, different figures: Mumbai, Pune, Delhi, Bengaluru, Chennai, Hyderabad, Kolkata, Jaipur, Gurugram, Lucknow, Indore, Patna, Ahmedabad, Kochi, Visakhapatnam, Itanagar, Guwahati, Raipur, Panaji, Ranchi, Shillong, Aizawl, Bhubaneswar, Srinagar, Leh
Mahindra Bolero Neo on-road price, in all 25 states we price →
Questions buyers ask
What is the Mahindra Bolero Neo on-road price in Amritsar?
Between ₹9,97,350 for the N4 Diesel MT and ₹11,91,565 for the N10 Opt Diesel MT, as of October 2026. That covers Punjab 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 in Amritsar?
₹77,010 on the N4 Diesel MT at ₹9.06L ex-showroom. The rate comes from Punjab's own schedule (Derived 2026-08-07 from CarWale's Amritsar and Jalandhar breakdowns, 8 cars from Rs 3.70L to Rs 59.65L, with the VW Tayron excluded as a cross-state default. Fitted slopes 8.11% up to Rs 10L (3 cars, worst residual Rs 464), 7.54% from Rs 10L to Rs 20L (3 cars, worst Rs 3,260) and 8.09% above (2 cars). Ludhiana runs higher below Rs 14 lakh, possibly a local charge, and is not what these rates are fitted to. NOT read from any Punjab notification), verified on 7 August 2026.
Is the Mahindra Bolero Neo cheaper on-road in another city of Punjab?
No. Punjab sets these charges, so the same figures apply in Ludhiana, Jalandhar, Patiala and Mohali and beyond: registering in a different city of the state does not change them.