Take Mahindra Bolero home after 89 thousand rupees downpayment, you have to pay this much EMI

Mahindra Bolero Car: Mahindra’s Bolero SUV has a unique identity in the Indian market. It is one of the company’s best-selling SUVs in the domestic market. If you are thinking of buying a Bolero car, then its cheapest model (Base) (B2 Diesel) can be taken home after a downpayment of 89 thousand rupees.

The total price of this variant is 8,91,197 (on-road price, New Delhi). After a down payment of Rs 89 thousand, you will have to take a total loan of Rs 8,02,197 for five years. An interest rate of 9.8 percent will apply to it. In this way, you will have to pay a total of Rs 10,17,900 in five years, out of which a total of Rs 2,15,703 will be in the form of interest. Talk about EMI, you will have to pay Rs 16,965 for five years.

If you want the burden of EMI to be lighter then you can take a loan for seven years. During this time the downpayment will be 89 thousand and the loan amount will also be Rs 8,02,197. You have to pay a total of Rs 11,11,740 within five years out of which Rs 3,09,543 will be in the form of interest. During this time you will have to pay an EMI of Rs 13,235.

Explain that the engine of this 5 seater car is 2523 cc which generates a power of 63 bhp. The powerful engine is equipped with a 5-speed gearbox. The fuel tank capacity of this SUV is 60 liters. The wheel size of this car is 16 inches. DRL with headlight, anti-lock braking system, the driver airbag is also available.