There are many car brands in the Indian market, but Mahindra’s cars are highly popular. The Mahindra Bolero, a 7-seater Compact SUV, is a favorite among buyers. If you are looking to purchase a Mahindra Bolero but have budget constraints, this article is for you. You do not have to make the full payment upfront, as you can opt for EMI options.
Details on Mahindra Bolero
Mahindra Bolero is available in three variants in the Indian market. The on-road price for the B4 diesel variant in Delhi is around 11.26 lakhs. You can avail a loan of 10.13 lakhs from the bank, with interest rates applicable based on the loan tenure.
Down Payment and EMI Options
Suppose you make a down payment of 1.13 lakhs for the Mahindra Bolero. If you opt for a 4-year loan with 9% interest, your monthly EMI will be ₹25,206. For a 5-year loan, the EMI will be around ₹21,000, while for a 6-year loan, it will be ₹18,258. A 7-year loan will require a monthly EMI of ₹16,300.
News Summary
- Mahindra Bolero, a popular 7-seater Compact SUV, offers EMI options for buyers.
- The on-road price for the B4 diesel variant in Delhi is approximately 11.26 lakhs.
- A down payment of 1.13 lakhs can lead to different EMI amounts based on the loan tenure.
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