Honda SP 125 Drum EMI Calculator

HondaSp 125 Drum EMI starts at ₹6,754 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹76,017.If you are Looking for a HondaSp 125 Drum EMI calculator, try BikeJunction’s bike EMI calculator. Our bike EMI calculator gives you a complete break-up of the total monthly EMI payable for HondaSp 125 Drum. You just have to enter the down payment, preferred interest rate and the time period for the loan of HondaSp 125 Drum. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for HondaSp 125 Drum after reducing the down payment amount

Honda SP 125 Drum

Honda

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SP 125 Drum

Down Payment

₹8,602

Bank Interest Rate

10 %

Loan Period (Months)
12
18
24
30
36
42
48
54
EMI

Per Month

₹1,644
Ex-Showroom Price

₹86,017

Total Loan Amount

₹77,415

Payable Amount

₹98,640

You’ll pay extra

₹21,224

Frequently asked questions

A. The EMI for HondaSp 125 Drum depends on the principal amount, loan amount, loan time period and the interest rate charged by various lenders.

A. The interest rate for HondaSp 125 Drum depends on the bank and lending institution. Generally, the interest rate ranges between 9.7% per annum to 15% per annum.

A. The ex-showroom price of HondaSp 125 Drum in India is ₹ 86017.

A. For the down payment of 10000 at an interest rate of 12 % and if loan tenure is 12 months, the monthly EMI would be ₹6,754

A. The monthly EMI for HondaSp 125 Drum can be calculated with the formula of P x R x (1+R)^N / [(1+R)^N-1. Here, P is the Principal amount of the loan, R is the interest rate, and N is the number of monthly instalments for HondaSp 125 Drum.

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