Honda SP 125 EMI Calculator: Is it cheaper than Honda Shine?

Table of Contents

Honda SP 125 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 125 On Road Price

Variant	Ex-showroom	On Road Price
Drum (non-OBD-2B)	Rs. 89,468	Rs. 1,03,074
Drum	Rs. 92,678	Rs. 1,07,615
Disc (non-OBD-2B)	Rs. 93,468	Rs. 1,07,479
Disc	Rs. 1,00,948	Rs. 1,16,650

SP 125 has been one of the major crowd puller for Honda after its arrival in 125cc segment. Tailored for those who want to upgrade from a basic 100cc commuter bike to enjoy more power, better features, better bold & agressive look with stylish graphics.

the bike features tons of features like digital meter console, bluetooth connectivity, single disk brake and more. Honda made it available easily for budget buyers through EMIs. Below all the information of Honda SP 125’s down payment and EMI to loan and total payable amount is given.

If you are wondering if SP 125 EMI is cheaper than Honda Shine 125 then the answer is no. The EMI for base variant of Honda Shine 125 starts at ₹2,732 for 36 months at 10% interest rate while SP125 EMI starts at ₹2,927/month.

Honda SP 125 Down Payment And EMI (All Variants)

12-Month Tenure

Variant	On-Road Price	Down (12%)	Loan Amount	EMI	Total Payable	Interest Paid
Drum (non-OBD-2B)	₹1,03,074	₹12,369	₹90,705	₹7,974	₹1,08,062	₹4,988
Drum	₹1,07,615	₹12,914	₹94,701	₹8,326	₹1,12,823	₹5,208
Disc (non-OBD-2B)	₹1,07,479	₹12,897	₹94,582	₹8,315	₹1,12,680	₹5,201
Disc	₹1,16,650	₹13,998	₹1,02,652	₹9,025	₹1,22,295	₹5,645

24-Month Tenure

Variant	On-Road Price	Down (12%)	Loan Amount	EMI	Total Payable	Interest Paid
Drum (non-OBD-2B)	₹1,03,074	₹12,369	₹90,705	₹4,186	₹1,12,823	₹9,749
Drum	₹1,07,615	₹12,914	₹94,701	₹4,370	₹1,17,793	₹10,178
Disc (non-OBD-2B)	₹1,07,479	₹12,897	₹94,582	₹4,364	₹1,17,645	₹10,166
Disc	₹1,16,650	₹13,998	₹1,02,652	₹4,737	₹1,27,683	₹11,033

36-Month Tenure

Variant	On-Road Price	Down (12%)	Loan Amount	EMI	Total Payable	Interest Paid
Drum (non-OBD-2B)	₹1,03,074	₹12,369	₹90,705	₹2,927	₹1,17,734	₹14,660
Drum	₹1,07,615	₹12,914	₹94,701	₹3,056	₹1,22,920	₹15,305
Disc (non-OBD-2B)	₹1,07,479	₹12,897	₹94,582	₹3,052	₹1,22,765	₹15,286
Disc	₹1,16,650	₹13,998	₹1,02,652	₹3,312	₹1,33,240	₹16,590

0% Down Payment (36-Month)

Variant	On-Road Price	Down	Loan Amount	EMI	Total Payable	Extra Cost
Drum (non-OBD-2B)	₹1,03,074	₹0	₹1,03,074	₹3,326	₹1,19,733	₹1,999
Disc (non-OBD-2B)	₹1,07,479	₹0	₹1,07,479	₹3,468	₹1,24,850	₹2,085
Disc	₹1,16,650	₹0	₹1,16,650	₹3,764	₹1,35,503	₹2,263

Honda SP 125 EMI comparison with other bikes

Honda SP 125 EMI Comparison

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

Bike (Base Variant)	On-Road	Down P.	Loan	EMI	Total
Passion Xtec	₹1,14,086	₹13,690	₹1,00,396	₹3,240	₹1,30,312
TVS Raider	₹1,06,176	₹12,741	₹93,435	₹3,015	₹1,21,277
Hero Glamour	₹1,05,748	₹12,690	₹93,000	₹3,001	₹1,21,036
Bajaj Pulsar 125	₹99,000	₹11,880	₹87,120	₹2,811	₹1,13,080
Honda Shine	₹96,228	₹11,547	₹84,681	₹2,732	₹1,09,914

Frequently Asked Questions

What is the lowest EMI for Honda SP125?

The EMI for base variant (Drum) of SP125 starts at ₹2,927/month for a total of 36-months after 12% down payment.

What is the down payment for SP125?

The lowest down payment for a bike is generally around 10% of the on-road price, which is approximately ₹10,307 for the SP125.

What is the interest rate for Honda SP 125 EMI?

The interest rate may vary from 8% to 15% depending on the bank or lender.

How to check Honda bike EMI status?

If you have financed a bike, first of all download the loan provider’s app, then register and log in with your details to check aspects like EMIs paid, total amount remaining, interest paid till date, and payment receipts as well.