Mahindra Bolero Range Sees Price Hike Up to Rs 26,500 in May 2026

Mahindra has increased prices for its Bolero lineup in May 2026, with hikes reaching up to Rs 26,500. The price changes affect the Bolero Classic, Bolero Neo, and Bolero Neo Plus models. The new prices are effective immediately and vary by model and variant.

Key Highlights

• Mahindra Bolero models see price hikes up to Rs 26,500 in May 2026
• Bolero Classic B6 (O) variant receives the highest increase at Rs 26,500
• Bolero Neo Plus P4 variant price rises by Rs 9,500
• All Bolero Classic variants use a 1.5L Diesel mHAWK 75 engine
• Bolero Neo Plus uses a 2.2L Diesel engine similar to Scorpio Classic

Bolero Classic Price Adjustments

The Bolero Classic, available in four variants—B4, B6, B6 (O), and B8—has seen the highest price increase. The base B4 variant's price rises by Rs 500, keeping its ex-showroom price at Rs 7.99 lakh. The B6 variant sees a Rs 25,500 hike, while the B6 (O) variant faces the largest increase of Rs 26,500. The top-spec B8 variant's price goes up by Rs 21,500, setting the maximum ex-showroom price for the Bolero Classic at Rs 9.90 lakh.

All Bolero Classic variants use a 1.5L Diesel mHAWK 75 engine paired with a 5-speed manual gearbox. This engine and transmission combination remains unchanged despite the price hike.

Bolero Neo and Neo Plus Updates

Bolero Neo

The Bolero Neo comes in five variants: N4, N8, N10 (R), N11, and N10 (O). The highest price hike for this model is Rs 15,500, applied to the base N4 variant. The N8, N10 (R), N11, and N10 (O) variants each see a Rs 5,000 increase. The Bolero Neo continues with the mHAWK 100 1.5L Diesel engine and a 5-speed manual gearbox.

Bolero Neo Plus

The Bolero Neo Plus, offered in two variants—P4 and P10—also receives a price increase. The base P4 variant's price rises by Rs 9,500, while the P10 variant's price goes up by Rs 4,500. Unlike the other Bolero models, the Neo Plus is powered by a larger 2.2L Diesel engine, similar to the one used in the Scorpio Classic.

Market Context

Mahindra remains the only major Indian carmaker offering traditional ladder-frame SUVs in both the sub-4m B segment and the 4.2m to 4.5m C segment. The Bolero lineup continues to be a popular choice in these segments, despite the recent price hikes.