Mahindra Bolero on-road price in Panaji

₹9,39,750 to ₹11,03,250 on the road

4 variants

EMI from about ₹15,790 a month on the Panaji 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

Goa sets these charges, so the same figures apply in Margao.

Why

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

All 4 variants priced in Panaji

Variant	Ex-showroom	On-road in Panaji
B4 Diesel MT	₹8.49L	₹9,39,750
B6 Diesel MT	₹9.29L	₹10,26,950
B6 Opt Diesel MT	₹9.69L	₹10,70,550
B8 Diesel MT	₹9.99L	₹11,03,250

Which Bolero to buy

Of every paid step up this ladder, B6 Opt to B8 buys you the most for your money. In Panaji that step costs ₹32,700 on the road, rather than the ₹30,000 the showroom prices suggest.

Is the B8 worth it over the B6 Opt? →

Or weigh the whole ladder: which Bolero is worth the money →

How the B4 Diesel MT's ₹9,39,750 breaks down

Getting it on the road in Panaji adds ₹90,750 to the sticker, and road tax is the biggest part of that.

Ex-showroom price: ₹8,49,000
Road tax (9%): ₹76,410
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 Panaji: ₹9,39,750

The fine print

Road tax (9%): Derived 2026-08-09 from two independent sources. CarDekho Panaji, 57 variants: exactly 9.00% (10 cars to Rs 7.80L), 12.00% (24 cars Rs 11.00L to 19.91L), 15.00% (23 cars Rs 20.22L to 47.48L), no fixed component. CarWale Panaji fits 9.68% (5 cars), 12.00% (3 cars), 12.83% (5 cars), 16.20% (3 cars) and 15.00% (2 cars); its top bands carry large intercepts and are the softer part. Boundaries at Rs 10L and Rs 20L are interpolated inside gaps. NOT read from any Goa 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.

Goa'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 Goa 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 Goa's own documents, last checked on 2026-08-09. Rates change with state budgets, so confirm the final figure with your dealer before paying.

Bolero on-road price in other cities

Same figures, same state: Margao

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

See what the Bolero costs on the road in all 25 states we price →

Every Mahindra Bolero variant, compared →

Questions buyers ask

What is the Mahindra Bolero on-road price in Panaji?

Between ₹9,39,750 for the B4 Diesel MT and ₹11,03,250 for the B8 Diesel MT, as of August 2026. That covers Goa 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 in Panaji?

₹76,410 on the B4 Diesel MT at ₹8.49L ex-showroom. The rate comes from Goa's own schedule (Derived 2026-08-09 from two independent sources. CarDekho Panaji, 57 variants: exactly 9.00% (10 cars to Rs 7.80L), 12.00% (24 cars Rs 11.00L to 19.91L), 15.00% (23 cars Rs 20.22L to 47.48L), no fixed component. CarWale Panaji fits 9.68% (5 cars), 12.00% (3 cars), 12.83% (5 cars), 16.20% (3 cars) and 15.00% (2 cars); its top bands carry large intercepts and are the softer part. Boundaries at Rs 10L and Rs 20L are interpolated inside gaps. NOT read from any Goa notification), verified on 2026-08-09.

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

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