Mahindra has announced attractive festive discounts across several models, giving an opportunity to save as much as ₹3 lakh. The benefits vary by model and include cash discounts, exchange bonuses and other schemes that aim to make the festive car-buying season more appealing. These offers cover a wide range of vehicles, from compact SUVs to larger family-oriented models.
Below is a table outlining the model-wise discounts available this season:
| Model | Maximum Discount |
|---|---|
| XUV3XO | ₹45,000 |
| XUV400 | ₹2,50,000 |
| Bolero | ₹90,000 |
| Bolero Neo | ₹95,000 |
| Bolero Neo+ | ₹80,000 |
| XUV700 | ₹50,000 |
| Scorpio Classic | ₹50,000 |
| Scorpio N | ₹40,000 |
| Marazzo | ₹3,00,000 |
XUV3XO & XUV400


The XUV3XO, Mahindra’s compact SUV, is now available with benefits of up to ₹45,000. While the discount is not as high as the other models, it makes it more accessible for buyers in the sub-four-metre category. As a result, it now starts from ₹7.28 lakh (ex-showroom). The electric XUV400, however, carries one of the biggest festive offers, with discounts of up to ₹2.5 lakh. This move appears aimed at boosting sales of the EV, which has been facing tough competition from newer electric SUVs. Its pricing starts from ₹15.49 lakh (ex-showroom) after the GST 2.0 revision. The reduced price makes the XUV400 one of the more affordable long-range EVs in the market.
Bolero, Neo, And Neo+


The Bolero range, a long-standing favourite in rural and semi-urban markets, is also part of the festive discount plan. The standard Bolero sees offers of up to ₹90,000, with its prices starting from ₹8.79 lakh (ex-showroom). Meanwhile, the Bolero Neo has slightly higher discounts at ₹95,000. Its pricing now starts from ₹8.92 lakh (ex-showroom). The Bolero Neo+ is also included with up to ₹80,000 off. Its ambulance version gets the highest benefit. Bolero Neo+ is available from a price of ₹10.77 lakh (ex-showroom). These offers come at a time when Mahindra is trying to keep the Bolero family relevant amidst growing competition from newer SUVs.
XUV700

The XUV700, one of Mahindra’s most popular models, has discounts capped at ₹50,000. Each variant of the XUV700 gets discounts up to ₹30,000 along with an extra ₹20,000 off on accessories. While the offer is smaller compared to other models, it is still significant given the SUV’s strong demand and long waiting periods in the past. Prices for the XUV700 lineup begin at ₹13.66 lakh (ex-showroom).
Scorpio Classic & Scorpio N


Both the Scorpio Classic and Scorpio N receive festive discounts, though at relatively lower levels. The Classic gets up to ₹50,000 off, while the more modern Scorpio N is available with benefits of up to ₹40,000. These offers are likely designed to maintain the Scorpio’s stronghold in both urban and rural markets. The Scorpio Classic now begins at ₹12.98 lakh, while the Scorpio N is priced at ₹13.20 lakh (all prices ex-showroom). The discounts, though smaller, could influence undecided buyers during the festive rush.
Marazzo

Among all Mahindra models, the Marazzo MPV carries the highest cash discount this season at ₹3 lakh. The model has seen limited sales compared to Mahindra’s SUVs, and this discount could be an effort to clear existing stock. The Marazzo, which was discontinued in July 2024, is priced at ₹14.06 lakh (ex-showroom). For buyers seeking value in terms of space and price, this discount could make the Marazzo worth considering.
