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Mahindra Bolero EMI calculator

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Calculate the Mahindra Bolero EMI on the on-road price, not the ex-showroom price: on-road is the full amount you actually pay, and the amount a loan has to cover.

EMIs start from about ₹15,750 a month, for the B4 Diesel MT at ₹9.38 lakh on the road in Delhi.

At 9.5% a year over 5 years with 20% down. Every variant's figure is below, and each one moves with your own rate, tenure and down payment.

Which price are you putting in?
On-road price₹9.38L

This starts on the full on-road price in Delhi, with road tax, registration and insurance included. Drag it to the variant you want.

Down payment₹1,87,526 (20%)
Tenure5 years
Interest rate assumption9.5%

Rates differ by lender and credit record. Drag this to the rate your bank actually quotes you.

Monthly EMIabout ₹15,750
Amount financed
₹7,50,102
Interest over 5 years
₹1,94,898
Total paid, down payment included
₹11,32,526
Year-by-year scheduleHow each year's payments split between interest and the loan
YearLoan repaidInterestStill owed
2026₹19,708₹11,799₹7,30,394
Nov 2026₹9,815₹5,938₹7,40,287
Dec 2026₹9,893₹5,861₹7,30,394
2027₹1,25,005₹64,037₹6,05,389
Jan 2027₹9,971₹5,782₹7,20,423
Feb 2027₹10,050₹5,703₹7,10,372
Mar 2027₹10,130₹5,624₹7,00,243
Apr 2027₹10,210₹5,544₹6,90,033
May 2027₹10,291₹5,463₹6,79,742
Jun 2027₹10,372₹5,381₹6,69,370
Jul 2027₹10,454₹5,299₹6,58,915
Aug 2027₹10,537₹5,216₹6,48,378
Sept 2027₹10,621₹5,133₹6,37,758
Oct 2027₹10,705₹5,049₹6,27,053
Nov 2027₹10,789₹4,964₹6,16,264
Dec 2027₹10,875₹4,879₹6,05,389
2028₹1,37,412₹51,631₹4,67,977
Jan 2028₹10,961₹4,793₹5,94,428
Feb 2028₹11,048₹4,706₹5,83,380
Mar 2028₹11,135₹4,618₹5,72,245
Apr 2028₹11,223₹4,530₹5,61,022
May 2028₹11,312₹4,441₹5,49,710
Jun 2028₹11,402₹4,352₹5,38,308
Jul 2028₹11,492₹4,262₹5,26,816
Aug 2028₹11,583₹4,171₹5,15,233
Sept 2028₹11,675₹4,079₹5,03,559
Oct 2028₹11,767₹3,987₹4,91,792
Nov 2028₹11,860₹3,893₹4,79,931
Dec 2028₹11,954₹3,799₹4,67,977
2029₹1,51,047₹37,992₹3,16,928
Jan 2029₹12,049₹3,705₹4,55,929
Feb 2029₹12,144₹3,609₹4,43,785
Mar 2029₹12,240₹3,513₹4,31,544
Apr 2029₹12,337₹3,416₹4,19,207
May 2029₹12,435₹3,319₹4,06,772
Jun 2029₹12,533₹3,220₹3,94,239
Jul 2029₹12,632₹3,121₹3,81,607
Aug 2029₹12,732₹3,021₹3,68,874
Sept 2029₹12,833₹2,920₹3,56,041
Oct 2029₹12,935₹2,819₹3,43,106
Nov 2029₹13,037₹2,716₹3,30,069
Dec 2029₹13,140₹2,613₹3,16,928
2030₹1,66,041₹23,001₹1,50,888
Jan 2030₹13,245₹2,509₹3,03,684
Feb 2030₹13,349₹2,404₹2,90,334
Mar 2030₹13,455₹2,298₹2,76,879
Apr 2030₹13,562₹2,192₹2,63,318
May 2030₹13,669₹2,085₹2,49,649
Jun 2030₹13,777₹1,976₹2,35,872
Jul 2030₹13,886₹1,867₹2,21,985
Aug 2030₹13,996₹1,757₹2,07,989
Sept 2030₹14,107₹1,647₹1,93,882
Oct 2030₹14,219₹1,535₹1,79,664
Nov 2030₹14,331₹1,422₹1,65,332
Dec 2030₹14,445₹1,309₹1,50,888
2031₹1,50,888₹6,647₹0
Jan 2031₹14,559₹1,195₹1,36,329
Feb 2031₹14,674₹1,079₹1,21,654
Mar 2031₹14,790₹963₹1,06,864
Apr 2031₹14,908₹846₹91,957
May 2031₹15,026₹728₹76,931
Jun 2031₹15,145₹609₹61,786
Jul 2031₹15,264₹489₹46,522
Aug 2031₹15,385₹368₹31,137
Sept 2031₹15,507₹246₹15,630
Oct 2031₹15,630₹124₹0

Arithmetic on your inputs, not a loan offer: lenders set their own rates, fees and margins, and the quote that matters is theirs.

The price slider spans the Mahindra Bolero's own range. Open a variant below and this calculator arrives with that variant's exact price already in place, on-road for your city.

EMI for every Mahindra Bolero variant

On-road price in Delhi and the monthly figure at 9.5% a year over 5 years with 20% down. Starting points, not quotes: the calculator recomputes them the moment you set your own numbers.

Your road tax depends on where you register. and every figure on this page moves to yours.

VariantOn-road in DelhiEMI a month
B4 Diesel MT₹9.38 lakhabout ₹15,750
B6 Diesel MT₹10.25 lakhabout ₹17,220
B6 Opt Diesel MT₹10.68 lakhabout ₹17,950
B8 Diesel MT₹11.01 lakhabout ₹18,490

What goes into the on-road total? The Mahindra Bolero on-road price page itemises it, state by state. And which Bolero variant to buy says where the money works hardest.

The Bolero ladder, a month at a time

Every variant, cheapest first.

  1. B4 Diesel MT₹15,750
  2. B6 Diesel MT₹17,220
  3. B6 Opt Diesel MT₹17,950
  4. B8 Diesel MT₹18,490
Monthly instalment at 9.5% a year over 5 years with 20% down, on the on-road price in Delhi.

Worth knowing before you sign the loan

  • From ₹15,750 to ₹18,490 a month across the ladder: the B8 Diesel MT costs ₹2,740 a month more than the B4 Diesel MT, ₹1,64,400 over the 5 years.
  • The biggest jump between neighbours on the ladder is the B4 Diesel MT to the B6 Diesel MT: ₹1,470 a month more for that one move up.
  • On the road in Delhi rather than ex-showroom, the B4 Diesel MT's instalment is ₹15,750 a month instead of ₹14,260: ₹1,490 a month more, because road tax and registration are in the loan too.

What your monthly budget buys

Shopping on the instalment rather than the price? At 9.5% a year over 5 years with 20% down on the on-road price in Delhi, here is the variant each monthly budget reaches.

The top B8 Diesel MT needs about ₹18,490 a month.

Mahindra Bolero EMI, answered

The monthly figure, the down payment, and which price to finance.

What is the monthly EMI for the Mahindra Bolero?
From about ₹15,750 a month, up to about ₹18,490 on the top variant, at 9.5% a year over 5 years with 20% down on the on-road price in Delhi. These are starting points, not quotes: your bank's rate and your own down payment move the figure, and the calculator on this page recomputes it as you set them.
Which Mahindra Bolero variant fits my monthly budget?
At 9.5% a year over 5 years with 20% down on the on-road price in Delhi, the B4 Diesel MT is the way in at about ₹15,750 a month. From there about ₹17,500 a month reaches the B6 Diesel MT, about ₹18,000 a month reaches the B6 Opt Diesel MT, and the top B8 Diesel MT needs about ₹18,490. Treat those as starting points rather than quotes: your own rate, tenure and down payment move every one of them, and stretching the tenure brings a dearer variant inside the same instalment at the cost of more interest overall.
How much down payment does the Mahindra Bolero need?
At 20% down on the on-road price in Delhi, the upfront amount runs from ₹1,87,526 on the B4 Diesel MT to ₹2,20,151 on the B8 Diesel MT. That share is yours to choose: the calculator accepts anything from 0% to 90%, and a bigger down payment trades cash today for a smaller EMI every month.
Should the Mahindra Bolero EMI be on the ex-showroom or the on-road price?
On-road. Ex-showroom leaves out road tax, registration and insurance, which is real money a loan usually has to cover, so every figure on this page is on the on-road price in Delhi. The city in the header decides which city that is.

Looking at a different car? The car loan EMI calculator works with any price, and the Mahindra Bolero page holds every variant, each carrying it pre-filled.