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.

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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 : ₹ 7,99,000
Loan Amount : ₹ 6,79,150
Down Payment : ₹ 1,19,850

Document Charges : Rs.250
Processing Fee : ₹ 3,396
MonthsEMIChart
12₹ 59,003View Chart
24₹ 30,853View Chart
36₹ 21,495View Chart
48₹ 16,836View Chart
60₹ 14,056View Chart
72₹ 12,216View Chart
84₹ 10,912View Chart
Total Interest Amount is ₹ 28,890 for the loan amount of ₹ 6,79,150
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Jan-2021₹ 59,003₹ 4,754₹ 54,249₹ 5,65,898
2Feb-2021₹ 59,003₹ 4,339₹ 54,664₹ 5,11,234
3Mar-2021₹ 59,003₹ 3,919₹ 55,084₹ 4,56,150
4Apr-2021₹ 59,003₹ 3,497₹ 55,506₹ 4,00,644
5May-2021₹ 59,003₹ 3,072₹ 55,931₹ 3,44,713
6Jun-2021₹ 59,003₹ 2,643₹ 56,360₹ 2,88,353
7Jul-2021₹ 59,003₹ 2,211₹ 56,792₹ 2,31,561
8Aug-2021₹ 59,003₹ 1,775₹ 57,228₹ 1,74,333
9Sep-2021₹ 59,003₹ 1,337₹ 57,666₹ 1,16,667
10Oct-2021₹ 59,003₹ 894₹ 58,109₹ 58,558
11Nov-2021₹ 59,003₹ 449₹ 58,5540
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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