Honda SP 160 EMI Calculator: Down Payment, Price, EMI, Finance, Loan, Interest

Table of Contents

Honda SP 160 EMI Calculator

Select Variant

Bike Price

50K

10L

20L

Down Payment

10K

25K

50K

Illustrative Interest Rate (p.a.)*

10%

15%

20%

30%

Loan Tenure

12M

24M

36M

48M

60M

Monthly Income

10K

25K

50K

Monthly EMI

₹0

Loan Amount: ₹0

Total Interest Payable: ₹0

Total Amount Payable: ₹0

Final Amount (Down Payment + Total Amount): ₹0

12 Months EMI: ₹0

24 Months EMI: ₹0

36 Months EMI: ₹0

Loan Amount

Interest

Honda SP 160 On Road Price In Mumbai

Variant	Ex-showroom	On Road Price
Single Disc	₹ 1,22,478	₹ 1,49,326
Double Disc	₹ 1,28,483	₹1,56,097

Source: Bikewale

Honda SP 160 Down Payment And EMI

12-Month Tenure

Variant	On-Road Price	Down (12%)	Loan Amount	EMI	Total Payable	Interest Paid
Single Disc	₹1,49,326	₹17,919	₹1,31,407	₹11,553	₹1,56,552	₹7,226
Double Disc	₹1,56,097	₹18,732	₹1,37,365	₹12,077	₹1,63,651	₹7,554

24-Month Tenure

Variant	On-Road Price	Down (12%)	Loan Amount	EMI	Total Payable	Interest Paid
Single Disc	₹1,49,326	₹17,919	₹1,31,407	₹6,064	₹1,63,449	₹14,123
Double Disc	₹1,56,097	₹18,732	₹1,37,365	₹6,339	₹1,70,861	₹14,764

36-Month Tenure

Variant	On-Road Price	Down (12%)	Loan Amount	EMI	Total Payable	Interest Paid
Single Disc	₹1,49,326	₹17,919	₹1,31,407	₹4,240	₹1,70,564	₹21,238
Double Disc	₹1,56,097	₹18,732	₹1,37,365	₹4,432	₹1,78,298	₹22,201

0% Down Payment (36-Month)

Variant	On-Road Price	Down (0%)	Loan Amount	EMI	Total Payable	Extra Cost
Single Disc	₹1,49,326	₹0	₹1,49,326	₹4,818	₹1,73,460	₹2,896
Double Disc	₹1,56,097	₹0	₹1,56,097	₹5,037	₹1,81,325	₹3,027

Honda SP 160 EMI comparison with other bikes (36 months tenure, 10% interest)

Bike EMI Comparison

Click on bike names to remove/recover them for better view.

Bike (Base Variant)	On-Road	Down P.	Loan	EMI	Total
Bajaj Pulsar NS200	₹1,76,237	₹21,148	₹1,55,089	₹5,004	₹2,01,302
TVS Apache RTR 160	₹1,37,968	₹16,556	₹1,21,412	₹3,918	₹1,57,590
Apache RTR 160 4V	₹1,48,173	₹17,781	₹1,30,392	₹4,207	₹1,69,247
Royal Enfield Classic 350	₹2,32,276	₹27,873	₹2,04,403	₹6,596	₹2,65,311
Honda SP 125	₹1,16,650	₹13,998	₹1,02,652	₹3,312	₹1,33,240

Frequently Asked Questions

What is the lowest EMI for SP 160?

The base drum variant has a 36-month EMI of ₹4,240/month with 12% down payment.

Can I get a 0% down payment loan on SP 160?

You can, but the eligibility depend on your credit score and the lender. It increases total cost by ~₹2,896-₹3,027 over 36 months.

How does tenure affect EMI?

Longer tenure for SP 160 (36 months or 48 months) lower EMI but increases total interest significantly vs 12 or 24 months.