VariantWise

Mahindra Bolero Neo on-road price in Bhubaneswar

Jeans Blue

₹9,92,820 to ₹12,18,690 on the road5 variants

EMI from about ₹16,680 a month on the Bhubaneswar 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.

Odisha sets these charges, so the same figures apply in Cuttack and Rourkela.

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

All 5 variants priced in Bhubaneswar

VariantEx-showroomOn-road in Bhubaneswar
N4 Diesel MT₹9.06L₹9,92,820
N8 Diesel MT₹9.69L₹10,60,860
N10 (R) Diesel MT₹10.09L₹11,34,330
N11 Diesel MT₹10.30L₹11,57,640
N10 Opt Diesel MT₹10.85L₹12,18,690

What the road adds in Bhubaneswar, variant by variant

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

  1. N4 Diesel MT₹9,92,820+10%

    ₹9,06,000 ex-showroom, Odisha takes ₹72,480, everything else ₹14,340

  2. N8 Diesel MT₹10,60,860+9%

    ₹9,69,000 ex-showroom, Odisha takes ₹77,520, everything else ₹14,340

  3. N10 (R) Diesel MT₹11,34,330+12%

    ₹10,09,000 ex-showroom, Odisha takes ₹1,00,900, everything else ₹24,430

  4. N11 Diesel MT₹11,57,640+12%

    ₹10,30,000 ex-showroom, Odisha takes ₹1,03,000, everything else ₹24,640

  5. N10 Opt Diesel MT₹12,18,690+12%

    ₹10,85,000 ex-showroom, Odisha takes ₹1,08,500, everything else ₹25,190

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

Bolero Neo variants on Odisha's tax steps

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

Dieselby price

  1. 6%to ₹5 lakh

    no variant here

  2. 8%to ₹10 lakh

    N4 Diesel MT, N8 Diesel MT

  3. 10%above

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

Worth knowing before you sign

  • The step from the N8 Diesel MT to the N10 (R) Diesel MT crosses Odisha's ₹10 lakh line: ₹40,000 more ex-showroom, but ₹23,380 more road tax, because the whole price moves from 8% to 10%.
  • On the Mahindra Bolero Neo N4 Diesel MT, Bhubaneswar is 5th cheapest of 25 states: ₹45,300 over Arunachal Pradesh and ₹69,312 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 Bhubaneswar that step costs ₹73,470 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 Bhubaneswar

The cheapest way into this group in Bhubaneswar is the Kia Syros, from ₹9,18,840 on the road, ₹73,980 under the Bolero Neo's ₹9,92,820. Each figure is that car's cheapest variant on the road in Bhubaneswar, on the same Odisha 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 ₹9,92,820 breaks down

Getting it on the road in Bhubaneswar adds ₹86,820 to the ex-showroom price, and road tax is the biggest part of that.

Ex-showroom price
₹9,06,000
Road tax (8%)
₹72,480
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 Bhubaneswar
₹9,92,820
The fine print
Road tax (8%)
Derived 2026-08-09 from two independent sources. CarDekho Bhubaneswar, 57 variants: exactly 6.00% (5 cars to Rs 4.95L), 8.00% (5 cars Rs 5.00L to 7.80L), 10.00% (47 cars Rs 11.00L to 48.69L), no fixed component. CarWale Bhubaneswar fits 6.61%, 8.00% (4 cars) and 10.53% (13 cars) at the same boundaries. NOT read from any Odisha 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.
  • Odisha's rates here are derived from two published price sources that agree, not 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 Odisha 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 Odisha'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

See 27 other cities

Same figures, same state: Cuttack, Rourkela

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

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 Bhubaneswar?

Between ₹9,92,820 for the N4 Diesel MT and ₹12,18,690 for the N10 Opt Diesel MT, as of October 2026. That covers Odisha 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 Bhubaneswar?

₹72,480 on the N4 Diesel MT at ₹9.06L ex-showroom. The rate comes from Odisha's own schedule (Derived 2026-08-09 from two independent sources. CarDekho Bhubaneswar, 57 variants: exactly 6.00% (5 cars to Rs 4.95L), 8.00% (5 cars Rs 5.00L to 7.80L), 10.00% (47 cars Rs 11.00L to 48.69L), no fixed component. CarWale Bhubaneswar fits 6.61%, 8.00% (4 cars) and 10.53% (13 cars) at the same boundaries. NOT read from any Odisha notification), verified on 9 August 2026.

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

No. Odisha sets these charges, so the same figures apply in Cuttack and Rourkela: registering in a different city of the state does not change them.