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Bolero

Price ₹ 10.77 lakh

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Benefits On Bolero

Consumer Offer up to Rs. 33,000 . T&C’s Apply

Applicable on All Variants

Applicable city - New Delhi

Vali till - Jun 30, 2023

Description

Mahindra Bolero Latest Update

Price: The Mahindra Bolero is priced between Rs 9.90 lakh and Rs 10.91 lakh (ex-showroom pan India), depending on the variant.

Variants: The Bolero is available in three variants – B4, B6 and B6 (O). It is offered with a diesel engine paired with a manual transmission.

Colours: You can buy the Mahindra Bolero in colours such as Lakeside Brown, Diamond White, and Dsat Silver.

Seating Capacity: The Mahindra Bolero comes in a 7-seater configuration and is positioned as a rugged utility vehicle suitable for both urban and rural usage.

Self Employed Individuals
Eligibility

We make your dream come true with minimal new car loan eligibility criteria. Helping you commute in your own dream car!
  • Income: Minimum ₹3 Lakhs per annum as per latest ITR
  • Age: 23 years to 65 years
  • Stability: Minimum 3 years’ business stability
  • Residence stability – 2 years in the city and 1 in the current residence/ no stability required in case of own house
Document details
  • Documents
    • Latest 2 years’ Income Tax Returns with IT computations
    • 3 months' Bank statements
    • Business Incorporation Certificate /Business Proof
Salaried Individuals
Eligibility

We make your dream come true with minimal new car loan eligibility criteria. Helping you commute in your own dream car!
  • Income: Minimum ₹2.5 Lakhs per annum
  • Age: 23 years to 60 years
  • Stability: Minimum 3 years’ employment stability and at least 1 year in the current employment
  • Residence stability – 2 years in the city and 1 in the current residence/ no stability required in case of own house
Document details
  • Income proof :
    • Latest - Form 16/ Income Tax Returns
    • Last 3 months' salary slips
    • Bank Statements – 3 months

Bank Name

Car Loan Interest Rates

Processing Fee

SBI Car Loan

8.60% p.a. onwards

New Car: Up to Rs.2,000

Axis Bank Car Loan

8.75% p.a. onwards

Minimum of Rs.3,500 and a maximum of Rs.12,000

Bank of Baroda Car Loan

8.70% p.a. onwards

Rs.2,500

Canara Bank Car Loan

8.80% p.a. onwards

0.25% of the loan amount, subject to a minimum of Rs.1,000 and a maximum of Rs.5,000

Federal Bank Car Loan

11.00% p.a. onwards

Contact the bank
FAQs

Yes. The Mahindra Bolero is a utility-focused SUV known for its rugged build and reliability, especially in rural and rough-road conditions.

The Bolero is powered by a 1.5-litre diesel engine designed for durability and good low-end torque.

Yes. The Bolero can be used daily, particularly in areas with bad roads, though it is more focused on utility than comfort.