Honda SP 160 Single Disc EMI Calculator

HondaSp 160 Single Disc EMI starts at ₹9,551 per month for a time period of 12 months at 12 % interest rate for a loan amount of ₹1,07,500.If you are Looking for a HondaSp 160 Single Disc 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 160 Single Disc. You just have to enter the down payment, preferred interest rate and the time period for the loan of HondaSp 160 Single Disc. With our EMI calculator for bikes, electric bikes, and scooters, you can easily calculate the instalments for HondaSp 160 Single Disc after reducing the down payment amount

Honda SP 160 Single Disc

Honda

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SP 160 Single Disc

Down Payment

₹11,750

Bank Interest Rate

10 %

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

Per Month

₹2,246
Ex-Showroom Price

₹1,17,500

Total Loan Amount

₹1,05,750

Payable Amount

₹1,34,760

You’ll pay extra

₹29,010

Frequently asked questions

A. The EMI for HondaSp 160 Single Disc depends on the principal amount, loan amount, loan time period and the interest rate charged by various lenders.

A. The interest rate for HondaSp 160 Single Disc 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 160 Single Disc in India is ₹ 117500.

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 ₹9,551

A. The monthly EMI for HondaSp 160 Single Disc 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 160 Single Disc.

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