Mahindra Bolero Car EMI calculator

Option 1) Select your desired bank to see the interest amount you have to pay during the entire loan period and to see the emi chart for various periods against Mahindra Bolero Car Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Mahindra Bolero car.
Option 3) Enter the desired amount and desired interest rate of Mahindra Bolero Car to know the emi and finance option.

EMI for the car you want
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You can change the down payment as per your requirement.
EMI in Advance EMI in Arrears

To get finance for Mahindra Bolero Click Here

Ex-showroom Price of Mahindra Bolero : ₹ 8,41,519
Loan Amount : ₹ 7,15,291
Down Payment : ₹ 1,26,228

Document Charges : Rs.250
Processing Fee : ₹ 3,576
MonthsEMIChart
12₹ 62,143View Chart
24₹ 32,494View Chart
36₹ 22,639View Chart
48₹ 17,732View Chart
60₹ 14,804View Chart
72₹ 12,866View Chart
84₹ 11,493View Chart
Total Interest Amount is ₹ 30,426 for the loan amount of ₹ 7,15,291
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Sep-2021₹ 62,143₹ 5,007₹ 57,136₹ 5,96,012
2Oct-2021₹ 62,143₹ 4,569₹ 57,574₹ 5,38,438
3Nov-2021₹ 62,143₹ 4,128₹ 58,015₹ 4,80,423
4Dec-2021₹ 62,143₹ 3,683₹ 58,460₹ 4,21,963
5Jan-2022₹ 62,143₹ 3,235₹ 58,908₹ 3,63,055
6Feb-2022₹ 62,143₹ 2,783₹ 59,360₹ 3,03,695
7Mar-2022₹ 62,143₹ 2,328₹ 59,815₹ 2,43,880
8Apr-2022₹ 62,143₹ 1,870₹ 60,273₹ 1,83,607
9May-2022₹ 62,143₹ 1,408₹ 60,735₹ 1,22,872
10Jun-2022₹ 62,143₹ 942₹ 61,201₹ 61,671
11Jul-2022₹ 62,143₹ 473₹ 61,6700
EMI in Advance EMI in Arrears
EMI in Advance EMI in Arrears

* Usually the margin on car loans would 15% to 25% which means banks will offer loan only up to 75% to 85% of ex-showroom price of the car. For calculation purpose we have considered the margin as 15%. Do note that loan will be offered only on ex-showroom price of the vehicle not on the on-road price (insurance, road tax, accessories, handling, extended warranty and other misc charged have to be taken care by the customer)

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