Mahindra Bolero Neo On-Road Price in Chennai
₹9.06 Lakh to ₹10.85 Lakhex-showroom
The Bolero Neo on-road price in Chennai is ₹10.61 Lakh to ₹13.34 Lakh, from the Bolero Neo N4 to the top Bolero Neo N10 (O).
Tamil Nadu's rate jumps from 13% to 18% above ₹10 lakh, the steepest step of our seven cities. The Bolero Neo N10 (R) stays on the lower rate because its ex-showroom price stops ₹101 short of ₹10 lakh.
Bolero Neo Cost Breakdown in Chennai: RTO & Tax, Variant by Variant
Pick a variant to see what you pay for it in Chennai: the ex-showroom price, road tax, insurance and RTO fees. Tamil Nadu charges a one-time road tax on the ex-showroom price, and the rate rises with that price. For the Bolero Neo it is 13% up to ₹10 lakh ex-showroom and 18% from the Bolero Neo N11 variant up. Variants above ₹10 lakh ex-showroom, from the Bolero Neo N11 variant, also carry 1% TCS.
- Ex-showroom priceSet by the carmaker, GST included
- ₹9,99,89985%
- Tamil Nadu road tax (13%)One-time, charged on the ex-showroom price
- ₹1,29,98711%
- Road safety taxCollected with the road tax
- ₹2,2501%
- Insurance (estimate)First-year comprehensive cover
- ₹34,9963%
- RTO chargesRegistration fee, smart card and the state's service charge
- ₹1,0001%
- FASTag and paperwork (estimate)Charged by the dealer, not the government
- ₹2,5001%
- On-road price
- ₹11,70,632
A dealer quote can be higher if it bundles accessories, an extended warranty or other packs. Those are optional, so ask for an itemised quote and check each line against these figures. Insurance is an estimate and you can buy it from any insurer. Road tax verified November 2026.
Chennai price list for every Bolero Neo variant
The Bolero Neo comes in 5 variants, all diesel.
- Bolero Neo N4Lowest price
Diesel · Manual
₹10.61 Lakh
₹9.06 Lakh ex-showroom
Diesel · Manual
₹11.34 Lakh
₹9.69 Lakh ex-showroom
₹11.70 Lakh
₹9.99 Lakh ex-showroom
Diesel · Manual
₹12.78 Lakh
₹10.39 Lakh ex-showroom
Diesel · Manual
₹13.34 Lakh
₹10.85 Lakh ex-showroom
On-road prices for Chennai include RTO road tax, insurance and registration fees.
Which Bolero Neo variant gives you the most for the money?
Here the Bolero Neo N11 costs ₹1.07 lakh more on-road than the Bolero Neo N10 (R), the widest gap of our seven cities, though its ex-showroom price is only ₹39,101 higher.
The Bolero Neo N10 (R) at ₹11.70 lakh keeps the touchscreen, rear camera and cruise control, so it is the clear pick.
Compare any two variants below to see the extra on-road cost and what you get for it.
- ▲Reverse camera
- ▲Cruise control
- ▲Touchscreen
- ▲Alloy wheels
Same engine and power, so you are paying for features, not performance.
Monthly EMI on a Bolero Neo in Chennai
On a five-year loan at 9%, the Bolero Neo N10 (R) variant works out to ₹19,440 a month with 20% down. Each extra percentage point on your loan rate adds about ₹458 to that.
| Variant | On-road | 10% down | 20% down | 30% down |
|---|---|---|---|---|
Bolero Neo N4 Lowest price | ₹10.61 Lakh | ₹19,827 | ₹17,624 | ₹15,421 |
Bolero Neo N10 (R) Value pick | ₹11.70 Lakh | ₹21,870 | ₹19,440 | ₹17,010 |
Bolero Neo N10 (O) Top variant | ₹13.34 Lakh | ₹24,939 | ₹22,168 | ₹19,397 |
Monthly instalments on the full Chennai on-road price less your down payment, over 60 months at 9%. Your bank sets the actual rate. Processing fees and the yearly insurance renewal are extra. Set your own down payment and tenure in the EMI calculator.
What a Bolero Neo costs to run in Chennai
At Chennai's fuel prices, the Bolero Neo N4 variant costs about ₹7 a kilometre to run.
| Fuel | Price | Real mileage | Per km | 1,000 km a month | 1,500 km a month | 2,000 km a month |
|---|---|---|---|---|---|---|
diesel Bolero Neo N4 | ₹99.55/l | 14.2 km/l | ₹7.02 | ₹7,022 | ₹10,532 | ₹14,043 |
Chennai fuel prices on 6 November 2026 (PPAC daily price, CNG from Torrent Gas). Real mileage is 82% of the ARAI figure, since daily driving rarely matches the test. Fuel only: servicing and insurance are not included.
How safe is the Bolero Neo?
Two airbags come on every variant, from the Bolero Neo N4 variant.
Bolero Neo against its rivals in Chennai
On-road in Chennai they start between ₹10.04 lakh and ₹16.51 lakh, against ₹10.61 lakh for the Bolero Neo.
| Car | On-road from | Fuels | Automatic from | Bharat NCAP |
|---|---|---|---|---|
| Mahindra Bolero Neo | ₹10.61 Lakh | diesel | Manual only | Not tested |
| Mahindra Bolero | ₹10.04 Lakh | diesel | Manual only | Not tested |
| Maruti Suzuki Ertiga | ₹10.42 Lakh | petrol, CNG | ₹13.90 Lakh | Not tested |
| Mahindra Scorpio Classic | ₹16.51 Lakh | diesel | Manual only | Not tested |
Cheapest on-road price in Chennai for each car. Bharat NCAP ratings can leave out some versions, so check the variant you want.
Is the Bolero Neo cheaper in another city?
Road tax is set by each state, so the Bolero Neo N10 (R) variant costs ₹72,443 more in Chennai than in Ahmedabad. Register the car where you live, though. Keep a car from another state in Tamil Nadu for more than 12 months and you must re-register it here and pay Tamil Nadu's road tax as well.
| City | Road tax | Bolero Neo N4 | Bolero Neo N10 (R) | vs Chennai |
|---|---|---|---|---|
| Bolero Neo in Ahmedabad | 6% | ₹9.95 Lakh | ₹10.98 Lakh | ₹72,443 less |
| Bolero Neo in Delhi | 8.75% | ₹10.20 Lakh | ₹11.25 Lakh | ₹44,946 less |
| Chennai | 13% | ₹10.61 Lakh | ₹11.70 Lakh | |
| Bolero Neo in Mumbai | 13% | ₹10.61 Lakh | ₹11.70 Lakh | ₹150 more |
| Bolero Neo in Pune | 13% | ₹10.61 Lakh | ₹11.70 Lakh | ₹150 more |
| Bolero Neo in Hyderabad | 14% | ₹10.73 Lakh | ₹11.84 Lakh | ₹13,549 more |
| Bolero Neo in Bangalore | 14% | ₹10.82 Lakh | ₹11.94 Lakh | ₹23,947 more |
Road tax rate for the Bolero Neo N10 (R) variant. Each city uses its own state's tax, cesses and fees.
Bolero Neo in Chennai: questions buyers ask
How big is the Bolero Neo's fuel tank?
50 litres, 10 litres less than the Bolero's. Every version uses the same 1.5 litre mHawk100 diesel with a five speed manual.
What colours can I get on the Bolero Neo?
Stealth Black, Rocky Beige, Diamond White, Jeans Blue and Pearl White, plus Jeans Blue or Pearl White with a black roof. Diamond White is only on the two lower versions, and Pearl White on the higher ones.
Which Bolero Neo versions have steering audio controls?
Every version from the Bolero Neo N8 up. The Bolero Neo N4 has no music player, so it does without them.
How much more does the Bolero Neo N8 give you than the Bolero Neo N4?
Fabric seats, a remote key, a Bluetooth and USB music player with four speakers, steering audio controls, a rear wiper and defogger, and a folding second row. Here it costs ₹73,395 more.
Does the Bolero Neo have an anti glare mirror?
From the Bolero Neo N8 up, the inside mirror has an anti glare setting that cuts the dazzle of headlamps behind you at night.