VariantWise

Mahindra Bolero Neo on-road price in Srinagar

Jeans Blue

₹10,01,880 to ₹12,07,840 on the road5 variants

EMI from about ₹16,830 a month on the Srinagar 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.

Jammu and Kashmir sets these charges, so the same figures apply in Jammu.

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

All 5 variants priced in Srinagar

VariantEx-showroomOn-road in Srinagar
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 Srinagar, variant by variant

Cheapest on the road first. The orange is Jammu and Kashmir's own share.

  1. N4 Diesel MT₹10,01,880+11%

    ₹9,06,000 ex-showroom, Jammu and Kashmir takes ₹81,540, everything else ₹14,340

  2. N8 Diesel MT₹10,70,550+10%

    ₹9,69,000 ex-showroom, Jammu and Kashmir takes ₹87,210, everything else ₹14,340

  3. N10 (R) Diesel MT₹11,24,240+11%

    ₹10,09,000 ex-showroom, Jammu and Kashmir takes ₹90,810, everything else ₹24,430

  4. N11 Diesel MT₹11,47,340+11%

    ₹10,30,000 ex-showroom, Jammu and Kashmir takes ₹92,700, everything else ₹24,640

  5. N10 Opt Diesel MT₹12,07,840+11%

    ₹10,85,000 ex-showroom, Jammu and Kashmir takes ₹97,650, everything else ₹25,190

Ex-showroom priceJammu and Kashmir's road tax and its chargesRegistration, insurance, TCS and the tagOn the road in Srinagar.

Worth knowing before you sign

  • On the Mahindra Bolero Neo N4 Diesel MT, Srinagar is 13th 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 Srinagar 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 Srinagar

The cheapest way into this group in Srinagar is the Hyundai Venue, from ₹8,86,340 on the road, ₹1,15,540 under the Bolero Neo's ₹10,01,880. Each figure is that car's cheapest variant on the road in Srinagar, on the same Jammu and Kashmir 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 ₹10,01,880 breaks down

Getting it on the road in Srinagar 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 Srinagar
₹10,01,880
The fine print
Road tax (9%)
Derived 2026-08-09 from two independent sources. CarDekho Srinagar, 57 variants Rs 3.70L to Rs 48.69L, every one at exactly 9.00% with no band boundary and no fixed component. CarWale Srinagar fits 9.45% across 18 cars. Both sources return the same figures for Ladakh, so that agreement is about the two territories sharing a schedule rather than two independent measurements. NOT read from any Jammu and Kashmir 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.
  • Jammu and Kashmir'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 Jammu and Kashmir 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 Jammu and Kashmir's own documents, last checked . Rates change with state budgets, so confirm the final figure with your dealer before paying.

Registering a Bolero Neo in Srinagar

Cars registered in Srinagar carry JK-01 plates, issued by the Regional Transport Office, Srinagar.

SeriesIssuing officeCovers
JK-01Regional Transport Office, SrinagarSrinagar district

Jammu and Kashmir Motor Vehicles Department, general information page reproducing the SRO 195 district code table of 20-09-1994; the live site was unreachable, so verified from the Wayback Machine snapshot of that official page dated 2021-09-26, checked 9 August 2026.

Bolero Neo on-road price in other cities

See 26 other cities

Same figures, same state: Jammu

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, Bhubaneswar, 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 Srinagar?

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 Jammu and Kashmir 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 Srinagar?

₹81,540 on the N4 Diesel MT at ₹9.06L ex-showroom. The rate comes from Jammu and Kashmir's own schedule (Derived 2026-08-09 from two independent sources. CarDekho Srinagar, 57 variants Rs 3.70L to Rs 48.69L, every one at exactly 9.00% with no band boundary and no fixed component. CarWale Srinagar fits 9.45% across 18 cars. Both sources return the same figures for Ladakh, so that agreement is about the two territories sharing a schedule rather than two independent measurements. NOT read from any Jammu and Kashmir notification), verified on 9 August 2026.

Is the Mahindra Bolero Neo cheaper on-road in another city of Jammu and Kashmir?

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

Which number plate series does the Mahindra Bolero Neo registered in Srinagar get?

Cars registered in Srinagar carry JK-01 plates, issued by the Regional Transport Office, Srinagar. The series belongs to the office, not the car, so every vehicle registered there wears it (Jammu and Kashmir Motor Vehicles Department, general information page reproducing the SRO 195 district code table of 20-09-1994; the live site was unreachable, so verified from the Wayback Machine snapshot of that official page dated 2021-09-26, checked 9 August 2026).