Mahindra Bolero Neo on-road price in Jamshedpur

₹10,01,880 to ₹12,07,840 on the road5 variants
EMI from about ₹16,830 a month on the Jamshedpur 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.
Jharkhand sets these charges, so the same figures apply in Ranchi and Dhanbad.
Why
All 5 variants priced in Jamshedpur
| Variant | Ex-showroom | On-road in Jamshedpur |
|---|---|---|
| N4 Diesel MT | ₹9.06L | ₹10,01,880 |
| N8 Diesel MT | ₹9.69L | ₹10,70,550 |
| N10 (R) Diesel MT | ₹10.09L | ₹11,24,240 |
| N11 Diesel MT | ₹10.30L | ₹11,47,340 |
| N10 Opt Diesel MT | ₹10.85L | ₹12,07,840 |
What the road adds in Jamshedpur, variant by variant
Cheapest on the road first. The orange is Jharkhand's own share.
- N4 Diesel MT₹10,01,880+11%
₹9,06,000 ex-showroom, Jharkhand takes ₹81,540, everything else ₹14,340
- N8 Diesel MT₹10,70,550+10%
₹9,69,000 ex-showroom, Jharkhand takes ₹87,210, everything else ₹14,340
- N10 (R) Diesel MT₹11,24,240+11%
₹10,09,000 ex-showroom, Jharkhand takes ₹90,810, everything else ₹24,430
- N11 Diesel MT₹11,47,340+11%
₹10,30,000 ex-showroom, Jharkhand takes ₹92,700, everything else ₹24,640
- N10 Opt Diesel MT₹12,07,840+11%
₹10,85,000 ex-showroom, Jharkhand takes ₹97,650, everything else ₹25,190
Bolero Neo variants on Jharkhand's tax steps
Jharkhand charges a higher rate on the whole price once it crosses a line. Here is which variant sits where.
Dieselby price
- 7%to ₹7 lakh
no variant here
- 9%above
N4 Diesel MT, N8 Diesel MT, N10 (R) Diesel MT, N11 Diesel MT, N10 Opt Diesel MT
Worth knowing before you sign
- On the Mahindra Bolero Neo N4 Diesel MT, Jamshedpur is 12th cheapest of 25 states: ₹54,360 over Arunachal Pradesh and ₹60,252 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 Jamshedpur that step costs ₹53,690 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 Jamshedpur
The cheapest way into this group in Jamshedpur is the Kia Syros, from ₹9,27,260 on the road, ₹74,620 under the Bolero Neo's ₹10,01,880. Each figure is that car's cheapest variant on the road in Jamshedpur, on the same Jharkhand 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 ₹10,01,880 breaks down
Getting it on the road in Jamshedpur adds ₹95,880 to the ex-showroom price, and road tax is the biggest part of that.
- Ex-showroom price
- ₹9,06,000
- Road tax (9%)
- ₹81,540
- 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 Jamshedpur
- ₹10,01,880
The fine print
- Road tax (9%)
- Derived 2026-08-09 from two independent sources. CarDekho Ranchi, 57 variants: exactly 7.00% (9 cars to Rs 6.98L) and 9.00% (48 cars Rs 7.80L to Rs 48.69L), no fixed component. CarWale Ranchi fits 7.31% (3 cars) and 9.44% (11 cars). The Jharkhand Motor Vehicles Taxation Act 2001, read from an Internet Archive snapshot of the state's own PDF, gives Schedule I Part A as 'Rs. 9000/- or 3% of the Cost of the vehicle whichever is more', which cannot be current against either measurement and is treated as superseded. NOT read from any current Jharkhand 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.
- Jharkhand'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
Bolero Neo on-road price in other cities
See 27 other cities
Same figures, same state: Ranchi, Dhanbad
Different state, different figures: Mumbai, Pune, Delhi, Bengaluru, Chennai, Hyderabad, Kolkata, Jaipur, Gurugram, Lucknow, Indore, Patna, Ahmedabad, Ludhiana, Kochi, Visakhapatnam, Itanagar, Guwahati, Raipur, Panaji, 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 Jamshedpur?
Between ₹10,01,880 for the N4 Diesel MT and ₹12,07,840 for the N10 Opt Diesel MT, as of October 2026. That covers Jharkhand 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 Jamshedpur?
₹81,540 on the N4 Diesel MT at ₹9.06L ex-showroom. The rate comes from Jharkhand's own schedule (Derived 2026-08-09 from two independent sources. CarDekho Ranchi, 57 variants: exactly 7.00% (9 cars to Rs 6.98L) and 9.00% (48 cars Rs 7.80L to Rs 48.69L), no fixed component. CarWale Ranchi fits 7.31% (3 cars) and 9.44% (11 cars). The Jharkhand Motor Vehicles Taxation Act 2001, read from an Internet Archive snapshot of the state's own PDF, gives Schedule I Part A as 'Rs. 9000/- or 3% of the Cost of the vehicle whichever is more', which cannot be current against either measurement and is treated as superseded. NOT read from any current Jharkhand notification), verified on 9 August 2026.
Is the Mahindra Bolero Neo cheaper on-road in another city of Jharkhand?
No. Jharkhand sets these charges, so the same figures apply in Ranchi and Dhanbad: registering in a different city of the state does not change them.




