VariantWise

Mahindra Bolero Neo on-road price in Aurangabad

Jeans Blue

₹10,40,476 to ₹12,65,128 on the road5 variants

EMI from about ₹17,480 a month on the Aurangabad on-road price, at 9.5% a year over 5 years with 20% down.

Open the EMI calculator →

Figures as of October 2026, for a first personal car, bought by an individual and paid in cash.

Maharashtra sets these charges, so the same figures apply in Mumbai, Pune, Nagpur and Thane and beyond.

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

All 5 variants priced in Aurangabad

VariantEx-showroomOn-road in Aurangabad
N4 Diesel MT₹9.06L₹10,40,476
N8 Diesel MT₹9.69L₹11,11,829
N10 (R) Diesel MT₹10.09L₹11,77,515
N11 Diesel MT₹10.30L₹12,01,724
N10 Opt Diesel MT₹10.85L₹12,65,128

What the road adds in Aurangabad, variant by variant

Cheapest on the road first. The orange is Maharashtra's own share.

  1. N4 Diesel MT₹10,40,476+15%

    ₹9,06,000 ex-showroom, Maharashtra takes ₹1,20,136, everything else ₹14,340

  2. N8 Diesel MT₹11,11,829+15%

    ₹9,69,000 ex-showroom, Maharashtra takes ₹1,28,489, everything else ₹14,340

  3. N10 (R) Diesel MT₹11,77,515+17%

    ₹10,09,000 ex-showroom, Maharashtra takes ₹1,44,085, everything else ₹24,430

  4. N11 Diesel MT₹12,01,724+17%

    ₹10,30,000 ex-showroom, Maharashtra takes ₹1,47,084, everything else ₹24,640

  5. N10 Opt Diesel MT₹12,65,128+17%

    ₹10,85,000 ex-showroom, Maharashtra takes ₹1,54,938, everything else ₹25,190

Ex-showroom priceMaharashtra's road tax and its chargesRegistration, insurance, TCS and the tagOn the road in Aurangabad.

Bolero Neo variants on Maharashtra's tax steps

Maharashtra charges a higher rate on the whole price once it crosses a line. Here is which variant sits where.

Dieselby price

  1. 13%to ₹10 lakh

    N4 Diesel MT, N8 Diesel MT

  2. 14%to ₹20 lakh

    N10 (R) Diesel MT, N11 Diesel MT, N10 Opt Diesel MT

  3. 15%above

    no variant here

Worth knowing before you sign

  • The step from the N8 Diesel MT to the N10 (R) Diesel MT crosses Maharashtra's ₹10 lakh line: ₹40,000 more ex-showroom, but ₹15,290 more road tax, because the whole price moves from 13% to 14%.
  • On the Mahindra Bolero Neo N4 Diesel MT, Aurangabad is 4th dearest of 25 states: ₹92,956 over Arunachal Pradesh and ₹21,656 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 Aurangabad that step costs ₹65,686 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 Aurangabad

The cheapest way into this group in Aurangabad is the Kia Syros, from ₹9,45,952 on the road, ₹94,524 under the Bolero Neo's ₹10,40,476. Each figure is that car's cheapest variant on the road in Aurangabad, on the same Maharashtra road tax.

The Bolero Neo in its colours

Mahindra Bolero Neo in Stealth Black

Stealth Black

Vehicle images: Mahindra official media assets (auto.mahindra.com)

How the N4 Diesel MT's ₹10,40,476 breaks down

Getting it on the road in Aurangabad adds ₹1.34L to the ex-showroom price, and road tax is the biggest part of that.

Ex-showroom price
₹9,06,000
Road tax (13%)
₹1,17,780
Road safety cess (2% of the tax)
₹2,356
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 Aurangabad
₹10,40,476
The fine print
Road tax (13%)
Maharashtra Motor Vehicles Tax Act 1958, Second Schedule; dept rate page 1117
Road safety cess (2% of the tax)
Notification MVR-0716/CR-324/TRA-2 dated 17-10-2016, effective 24-10-2016
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.
  • Figures are for an individual's first personal car; company-registered cars pay 20% in Maharashtra.

Confirm the final figure with your dealer before paying.

Where these figures come from
The road tax comes from Maharashtra's own transport department pages rather than from the notification behind it, which is the state's published position one step removed from the instrument. Everything else is computed from Maharashtra's own documents, last checked . Rates change with state budgets, so confirm the final figure with your dealer before paying.

Bolero Neo on-road price in other cities

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Mahindra Bolero Neo on-road price, in all 25 states we price →

Every Mahindra Bolero Neo variant, compared →

Questions buyers ask

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

Between ₹10,40,476 for the N4 Diesel MT and ₹12,65,128 for the N10 Opt Diesel MT, as of October 2026. That covers Maharashtra 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 Aurangabad?

₹1,17,780 on the N4 Diesel MT at ₹9.06L ex-showroom. The rate comes from Maharashtra's own schedule (Maharashtra Motor Vehicles Tax Act 1958, Second Schedule; dept rate page 1117), verified on 7 August 2026.

Is the Mahindra Bolero Neo cheaper on-road in another city of Maharashtra?

No. Maharashtra sets these charges, so the same figures apply in Mumbai, Pune, Nagpur and Thane and beyond: registering in a different city of the state does not change them.