The Indian auto industry has entered a new chapter with the rollout of GST 2.0. One of the biggest beneficiaries of this change is Mahindra, a brand well known for its rugged SUVs, powerful performance, and value-for-money vehicles. The revision has brought down tax rates on small cars, sedans, and even large SUVs, making Mahindra car prices after GST rate revision more affordable than before.
As one of India’s most trusted homegrown automakers, Mahindra has built its reputation with iconic models like the Bolero, Scorpio, Thar, and the feature-rich XUV lineup. Popular among both urban families and adventure enthusiasts, Mahindra cars are designed to combine strength, comfort, and advanced technology. With GST 2.0 benefits, these SUVs are now available at even more competitive prices.
For buyers, this means lower ex-showroom prices and the chance to opt for higher variants within the same budget. Hatchbacks and compact SUVs like the XUV3XO now benefit from 18% GST, while larger SUVs such as the Scorpio-N, XUV700, and Thar are taxed at a flat 40%, compared to the earlier 48–50%.
Pairing these savings with smart financing options makes ownership easier. The Bajaj Finserv New Car Loan offers up to 100% financing on the on-road price, competitive interest rates, extended repayment tenures, and flexible EMI options. It requires minimal paperwork and ensures quick disbursals, giving you a seamless buying experience.
Want to skip the waiting line? Check your pre-approved new car loan offer today and bring home your Mahindra SUV with confidence.
What are the revised GST slabs for Mahindra cars
Mahindra’s SUV-heavy lineup is also set to benefit from the new GST structure, with tax cuts across sub-4m and larger utility vehicles.
| Type of vehicle | Old GST rates (including cess) | New GST rates | Savings |
|---|---|---|---|
| Sub-4 metre (Petrol) | 29% (28% GST + 1% cess) | 18% | 11% |
| Sub-4 metre (Diesel) | 31% (28% GST + 3% cess) | 18% | 13% |
| Cars over 4 metres in length with engine capacity up to 1,500cc | Up to 45% (28% GST + 17% cess) | 40% | 5% |
| SUVs (above 4 metres in length with engine capacity exceeding 1,500cc) | Up to 50% (28% GST + 22% cess) | 40% | 10% |
| Electric vehicles (all categories) | 5% | 5% | No change |
Expected cost of Mahindra cars base model post tax cuts
After GST revision, Mahindra has revealed attractive savings on its popular SUVs. Here’s a snapshot of how much buyers can save on select models.
| Car / SUV | Old GST slab (GST + cess) | New GST rate | Expected price drop (approx.) |
|---|---|---|---|
| Bolero / Neo | 31% | 18% | Up to Rs. 1.27 lakh |
| XUV3XO (Petrol) | 29% | 18% | Up to Rs. 1.40 lakh |
| XUV3XO (Diesel) | 31% | 18% | Up to Rs. 1.56 lakh |
| Thar 2WD (Diesel) | 31% | 18% | Up to Rs. 1.35 lakh |
| Thar 4WD (Diesel) | 48% | 40% | Up to Rs. 1.01 lakh |
| Scorpio Classic | 48% | 40% | Up to Rs. 1.01 lakh |
| Scorpio-N | 48% | 40% | Up to Rs. 1.45 lakh |
| Thar Roxx | 48% | 40% | Up to Rs. 1.33 lakh |
| XUV700 | 48% | 40% | Up to Rs. 1.43 lakh |
Note: These figures are indicative ex-showroom reductions after GST revision. The final on-road price will vary depending on RTO fees, insurance, and location.
Planning to buy your new Mahindra soon? Check your loan amount eligibility today and see how much you can borrow from Bajaj Finance.
Why choose Bajaj Mall for your car purchase
Bajaj Mall is the one-stop platform for comparing and purchasing Mahindra cars with ease. From the rugged Bolero to the premium XUV700, the platform showcases a wide variety of options under one roof. With user-friendly filters, you can compare variants, check specifications, and pick a model that suits your budget and lifestyle.
The booking process is seamless too. With the Bajaj Finserv New Car Loan, you get up to 100% on-road financing, extended repayment tenures, and flexible EMI options. The loan also comes with competitive car loan interest rates, making your purchase even more affordable.
To plan better, use the car loan EMI calculator to estimate monthly instalments before applying.
Check your pre-approved new car loan offer today and make your Mahindra purchase smoother than ever.
