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Mahindra Bolero Neo Price in New Delhi

The most affordable Mahindra Bolero Neo variant is the N4, priced at ₹9.97 lakh ex-showroom and around ₹11.49 lakh on-road in Delhi NCR. It gets a cash discount of ₹20,000, accessories worth ₹20,000, and corporate benefits up to ₹4,000, adding up to total benefits of up to ₹44,000 this July. 

The N8 variant, priced at ₹10.66 lakh ex-showroom (₹12.77 lakh on-road), gets a cash discount of ₹35,000, accessories worth ₹20,000, and corporate benefits up to ₹4,000, totalling up to ₹59,000 in benefits.

At the top end is the N10 variant, priced at ₹11.50 lakh ex-showroom and approximately ₹13.75 lakh on-road. This variant gets the highest savings with a ₹70,000 cash discount, ₹30,000 worth of accessories, and corporate benefits up to ₹4,000, taking total benefits to ₹1.04 lakh this month. 

Bolero Neo Variant Ex-Showroom (₹) On-Road (₹) Cash Discount Accessories Corporate Benefit
N4 ₹9.97L ₹11.49L ₹20,000 ₹20,000 up to ₹4,000
N8 ₹10.66L ₹12.77L ₹35,000 ₹20,000 up to ₹4,000
N10 ₹11.50L ₹13.75L ₹70,000 ₹30,000 up to ₹4,000

The most affordable Mahindra Bolero Neo variant is the N4, priced at ₹9.97 lakh ex-showroom and around ₹11.49 lakh on-road in Delhi NCR. This base variant offers essential features such as dual front airbags, ABS with EBD, rear parking sensors, manual air-conditioning, fabric seats, and steel wheels, making it an ideal rugged SUV choice for fleet operators, rural buyers, and those prioritising durability and low maintenance costs over creature comforts.

Moving up the lineup, the N8 variant, priced at ₹10.66 lakh ex-showroom (₹12.77 lakh on-road), adds several convenience features over the N4, including a 7-inch touchscreen infotainment system with Bluetooth connectivity, steering-mounted controls, remote keyless entry, height-adjustable driver seat, and body-coloured ORVMs with integrated turn indicators. These additions make it a practical choice for families and semi-urban buyers who want added comfort and connectivity while retaining the Bolero Neo’s ladder-frame toughness.

At the top end sits the N10 variant, priced at ₹11.50 lakh ex-showroom and approximately ₹13.75 lakh on-road. This fully loaded variant offers premium features such as 15-inch alloy wheels, LED DRLs, cruise control, rear wiper with washer, reverse parking camera, and premium black interior theme with silver accents. The N10 is the most feature-rich Bolero Neo variant, ideal for urban buyers seeking a rugged SUV with modern amenities and strong resale value.

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Mahindra Bolero Neo April offers and incentives in New Delhi

The Mahindra Bolero Neo is available in 4 variants, starting at ₹9.97 lakh ex-showroom for the entry level N4 variant and going up to ₹12.18 lakh for the top of the line N10 Optional. On-road prices range from approximately ₹11.49 lakh to ₹14,55 lakh, depending on the variant. For July 2025, Mahindra is offeringmaximum benefits up to ₹1 lakh through accessories and cash discounts. 

Where to Buy a Mahindra Bolero Neo in New Delhi?

Authorized Dealerships

1
Malwa Mahindra - Daryaganj – No. 4/23-B At Asaf Ali Road, Daryaganj, New Delhi, Delhi 110002, and holds a 5 star rating from over 97 Google reviews.
2
Skyline Autowheels Pvt Ltd - Jhandewalan – Ground Floor, 1-E/8, Jhandewalan Extension, Karol Bagh, New Delhi, Delhi 110055, with a null star rating based on null reviews.
3
Malwa Mahindra - Karol Bagh – Plot No. 19, Karol Bagh, New Rohtak Road, New Delhi, Delhi 110005, and carries a 4.5 star rating from nearly 486 Google reviews.
4
Indraprastha Automobiles Pvt Ltd. - Shakti Nagar – 26/24 Shakti Nagar, Main GT Road, New Delhi, Delhi 110007 and is rated 5 star by around 119 customers.
5
Shiva Auto Cars India Pvt Ltd. - Preet Vihar – Block E, Nirman Vihar, Preet Vihar, E-355, Veer Savarkar Block, New Delhi, Delhi 110092, and maintains a 4.6 star rating from roughly 49 Google reviews.
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How Much Will It Cost to Run a Mahindra Bolero Neo in New Delhi?

Here is a breakdown of Mahindra Bolero Neo running cost based on latest fuel prices in New Delhi.

VariantARAI Mileage/RangeMonthly Fuel/Charging Cost (₹)Yearly Fuel/Charging Cost (₹)On-Road Price Base Model (₹ Lakh)1st Year Ownership Cost (₹ Lakh)
Mahindra Bolero Neo (Manual - Diesel)17.29 kmpl--₹10,38,473₹10,38,473
Calculation Assumptions:
Daily Running: 50 km/day × 22 days/month = 1100 km/month
Fuel Prices in New Delhi: No fuel price data available

Key Efficiency Insights

1

Diesel Manual

For diesel enthusiasts, the Mahindra Bolero Neo diesel manual offers a mileage of 17.29 kmpl. Owners can expect monthly fuel expenses of ₹0, adding up to ₹0 yearly. The on-road price is ₹10,38,473, with the first-year ownership estimated at ₹10,38,473.
N4
Base Model
1493 cc, Manual, Diesel, 17.29 kmpl
₹ 10.38 Lakh
Ex-Showroom Price₹ 8,69,000
RTO₹ 76,037
Insurance₹ 44,736
₹ 48,700
On-Road Price₹ 10,38,473

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Ex-Showroom Price₹ 9,45,000
RTO₹ 82,687
Insurance₹ 47,533
₹ 49,800
On-Road Price₹ 11,25,020

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Ex-Showroom Price₹ 9,79,000
RTO₹ 85,662
Insurance₹ 48,784
₹ 48,700
On-Road Price₹ 11,62,146

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Ex-Showroom Price₹ 9,97,000
RTO₹ 87,237
Insurance₹ 49,447
₹ 50,000
On-Road Price₹ 11,83,684

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Ex-Showroom Price₹ 9,99,000
RTO₹ 87,412
Insurance₹ 49,520
₹ 50,000
On-Road Price₹ 11,85,932

*T&C Apply

Ex-Showroom Price₹ 10,49,000
RTO₹ 1,31,125
Insurance₹ 51,360
Other Price₹ 10,490
₹ 50,000
On-Road Price₹ 12,91,975

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Mahindra Bolero Neo FAQs

The Bolero Neo seats seven in a 5+2 configuration, five seats across the first and second rows, and two side-facing jump seats in the third row. Both the second and third rows fold to free up cargo space.
No. The Bolero Neo is diesel-only, powered by a single 1493cc mHAWK100 engine across all variants.
The Bolero Neo was tested by Global NCAP in 2024 and received 1 star for adult occupant protection and 1 star for child occupant protection. The test flagged the bodyshell as unstable under frontal loading and noted the absence of ESC as standard.
Yes, cruise control is available on higher variants. It is not available on the low variants.
No. The Bolero Neo is rear-wheel drive across all variants. However, only a specific top variant gets Mahindra's Multi-Terrain Technology (MTT), which intelligently distributes torque to help maintain traction on uneven surfaces.
The Bolero Neo is currently available with Diesel engines.
The Bolero Neo comes equipped with several safety features including Anti-lock Braking System (ABS), Central Locking, Seat Belt Warning and Speed Alert.
The Mahindra Bolero Neo is available in the following colours: Pearl White, Diamond White, Rocky Beige, Highway Red, Napoli Black and Dsat Silver.
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Mahindra Dealers in New Delhi

Malwa Mahindra - Daryaganj

★5

Skyline Autowheels Pvt Ltd - Jhandewalan

Malwa Mahindra - Karol Bagh

★4.5

Indraprastha Automobiles Pvt Ltd. - Shakti Nagar

★5

Shiva Auto Cars India Pvt Ltd. - Preet Vihar

★4.6
View All Mahindra Dealers in New Delhi

Mahindra Service Centres in New Delhi

Indraprastha Automobiles Pvt Ltd. - Loni Road

Indraprastha Automobiles Pvt Ltd. - Rama Road

Sri Durga Automobiles - Kirti Nagar

Harbans Motors Pvt Ltd - A15, Lawrence Road

Indraprastha Automobiles Pvt. Ltd. - Wazirpur

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Fuel Stations in New Delhi

Bpcl-Kamla Behl & C0.Pvt.Ltd.

IOCL-Rajdhani Service Station

IOCL - Rajdhani Service Station

IOCL-Baba Filling Station

IOCL - Baba Filling Station

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Mahindra Bolero Neo Price in Cities

Hyderabad

₹ 11.10 Lakh - 13.77 Lakh

New Delhi

₹ 10.38 Lakh - 12.92 Lakh

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Price In New Delhi

*Disclaimer: All offers, prices, and benefits mentioned are applicable for the month of April 2026 and are subject to change without prior notice. The ex-showroom and on-road prices listed are sourced from official Tata website and may vary based on the city, RTO charges, insurance, TCS, and additional accessories. Discounts, including the CarHP-exclusive dealer benefits, are dependent on the specific variant, availability, dealer stock, and eligibility criteria such as corporate or government employment. Please confirm the latest prices, variant-wise features, and offers with your nearest authorized Tata dealer before making a booking. CarHP does not guarantee the availability of these deals beyond April and the discount is based on limited stock availability.