Mahindra Bolero
The Mahindra Bolero is a versatile SUV priced from ₹9.9 - 14.36 Lakh, powered by a capable 1.2L naturally aspirated / 1.5L turbocharged paired with Manual / Automatic transmission choices. Distinguished by rugged body-on-frame build for rough rural terrain, it also offers a commanding 190 mm ground clearance. Engineered for both everyday urban use and weekend getaways, it provides elevated ground clearance, composed highway stability, and solid road presence.
Mahindra Bolero price starts from ₹9.9 Lakh for the base model and goes up to ₹14.36 Lakh for the top model (avg. ex-showroom) as of October 2026.
Mahindra Bolero Price Details:
- Base Variant (Base): ₹9.9 Lakh
- Top Variant (Top+ AT): ₹14.36 Lakh
- Estimated On-Road Price: ₹11.09 Lakh - ₹16.08 Lakh
Mahindra Bolero Engine & Variant Options:
- Engine Options: 1.2L naturally aspirated / 1.5L turbocharged
- Transmission: Manual / Automatic
- Variants: Available in 4 variants.
Mahindra Bolero Insurance Quotes & EstimatesOctober Offers
Estimated annual premiums and coverage options for your new Mahindra Bolero.
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 Mahindra Bolero. 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 Mahindra Bolero, 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.