Mahindra Bolero Neo on-road price in Bhopal

₹9,94,250 to ₹12,17,425 on the road

5 variants

EMI from about ₹16,700 a month on the Bhopal on-road price, at 9.5% a year over 5 years with 20% down. Set your own numbers →

As of August 2026First personal carIndividual buyerPaid in cash

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

Why

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

All 5 variants priced in Bhopal

Variant	Ex-showroom	On-road in Bhopal
N4 Diesel MT	₹8.99L	₹9,94,250
N8 Diesel MT	₹9.69L	₹10,70,550
N10 (R) Diesel MT	₹10.09L	₹11,39,375
N11 Diesel MT	₹10.30L	₹11,62,790
N10 Opt Diesel MT	₹10.79L	₹12,17,425

Which Bolero Neo to buy

Of every paid step up this ladder, N8 to N10 (R) buys you the most for your money. In Bhopal that step costs ₹68,825 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 →

How the N4 Diesel MT's ₹9,94,250 breaks down

Getting it on the road in Bhopal adds ₹95,250 to the sticker, and road tax is the biggest part of that.

Ex-showroom price: ₹8,99,000
Road tax (9%): ₹80,910
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 Bhopal: ₹9,94,250

The fine print

Road tax (9%): 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
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.

Bolero Neo on-road price in other cities

Same figures, same state: Indore, 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 costs on the road 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 Bhopal?

Between ₹9,94,250 for the N4 Diesel MT and ₹12,17,425 for the N10 Opt Diesel MT, as of August 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 in Bhopal?

₹80,910 on the N4 Diesel MT at ₹8.99L 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 cheaper on-road in another city of Madhya Pradesh?

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