Mahindra Bolero Neo
The Mahindra Bolero Neo presents a well-engineered motoring solution as a dynamic SUV priced between ₹9.95 - 13 Lakh, featuring versatile Diesel powertrain options paired with Manual transmission choices. Crucial equipment includes modern SUV styling over original Bolero, together with a generous 350 L boot capacity. Ideal for long-distance highway journeys, it delivers confident overtaking punch, reassuring high-speed poise, and generous ground clearance.
Mahindra Bolero Neo price starts from ₹9.95 Lakh (avg. ex-showroom) as of October 2026.
Mahindra Bolero Neo Price Details:
- Base Variant (N4): ₹9.95 Lakh
- Top Variant (N10 Plus): ₹9.95 Lakh
- Estimated On-Road Price: ₹11.14 Lakh - ₹11.14 Lakh
Mahindra Bolero Neo Engine & Variant Options:
- Engine Options: Standard Engine
- Transmission: Manual
- Variants: Available in 5 variants.
Bolero Neo Insurance Quotes & EstimatesOctober Offers
Estimated annual premiums and coverage options for your new Bolero Neo.
Comprehensive Cover
Recommended for complete protection including own-damage, theft, natural disasters, and third-party liabilities. Typically costs around 3-4% of the car's Insured Declared Value (IDV).
Third-Party Cover
Mandatory by law in India. Covers legal liabilities arising from damage to a third party's property or injury/death. Does not cover damages to your own Bolero Neo. Rates are fixed by IRDAI based on engine capacity.
Tips on IDV Calculation
The Insured Declared Value (IDV) is the maximum sum assured fixed by the insurer. For a brand new Bolero Neo, the IDV is typically calculated at 95% of the ex-showroom price. Over time, depreciation applies:
- Up to 6 months: 5% depreciation
- 6 months to 1 year: 15% depreciation
- 1 to 2 years: 20% depreciation
- 2 to 3 years: 30% depreciation
Tip: Always opt for 'Zero Depreciation' (Bumper-to-Bumper) add-on for the first 3-5 years to ensure you get full claim value without deductions for plastic, glass, or rubber parts.