India, May 9 -- The Mahindra Bolero Neo might not be as widely selling as the other models from the brand, including Thar and Scorpio, but the Bolero Neo, which is a premium avatar of the Bolero, is a no-nonsense SUV. The Bolero Neo is also one of the most affordable rear-wheel-drive (RWD) SUVs in India. It comes as a compact SUV offering rugged RWD capabilities.

The Mahindra Bolero Neo is available in five variant choices: N4, N8, N10 (R), N10 OPT, and N11. The SUV is priced between Rs.884,500 and Rs.999,500 (ex-showroom), depending on the variants.

If you are planning to buy this SUV and wondering about the monthly EMI amount you have to pay, here is a quick and comprehensive look at the EMI calculation.

To calculate the monthly EMI,...