Bayern Munich's goalkeeper Manuel Neuer (L) saves a penalty shot from Real Madrid's Cristiano Ronaldo during their Champions League semi-final second leg soccer match at Santiago Bernabeu stadium in Madrid, April 25, 2012. [Photo/Agencies]

MADRID - Bayern Munich ended Real Madrid's bid for a 10th European crown when they eliminated the Spaniards 3-1 on penalties in a nerve-jangling semi-final second leg at the Bernabeu on Wednesday.

With the sides locked at 3-3 on aggregate after Real's 2-1 win, Bayern goalkeeper Manuel Neuer was the hero for the Bundesliga side when he saved Cristiano Ronaldo and Kaka's spot kicks in a dramatic shootout.

Real keeper Iker Casillas then revived Real's hopes by saving efforts from Toni Kroos and Philipp Lahm but after Sergio Ramos skied his penalty over the bar Bastian Schweinsteiger rifled home to send the Bavarians through.

Bayern will play Chelsea in next month's final in Munich after the London club eliminated holders Barcelona 3-2 on aggregate on Tuesday.