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Honda Hornet 2.0 EMI Calculator

Honda Hornet 2.0
63 reviews
Rs.1.39 - 1.40 Lakh*
*Ex-showroom Price in delhi
View Finance Offers

Honda Hornet 2.0 EMI starts at Rs 4,757 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,47,666. The EMI Calculator tool on BikeDekho gives a detailed break-up of the total payable amount and helps you in finding the best bike finance for your Hornet 2.0. (Calculated on On Road Price in Delhi)

 

Honda Hornet 2.0 Down Payment and EMI

Hornet 2.0 VariantsLoan @ 9.7%. Down paymentEMI (36 months)
Repsol Edition1,48,651Rs. 16,517Rs. 4,760
STD1,47,666Rs. 16,407Rs. 4,757
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Calculate your Loan EMI for Hornet 2.0

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
  • On-Road PriceRs.0
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in delhi
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Find EMI of Hornet 2.0 Alternatives

*Ex-showroom Price in delhi

Hornet 2.0 EMI FAQs

  • FAQ

What will be the lowest down payment for Honda Hornet 2.0?

The lenders generally finance 90% of the value of the . Some customers might be eligible for 100% funding too. The down payment is the difference between the on-road price of the and the amount funded by a lender. This means the minimum possible down payment that you have to pay for Honda Hornet 2.0 includes the RTO and insurance charges.

What will be the monthly EMI for Honda Hornet 2.0?

EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for Honda Hornet 2.0 can be calculated using the following formula:

{P x R x (1+R)^N / [(1+R)^N-1]}

where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.

For Example:- If the principal amount for a bike loan is Rs. ₹1,48,073/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 148073 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,757/-

The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10% per annum, then R= 10%/12 = 0.008333.

What will be the interest rate for Honda Hornet 2.0?

The interest rate for Honda Hornet 2.0 primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum. Customers can also negotiate with the financier for a better rate of interest against their loan amount.

What will be the EMI for 3 years tenure for Honda Hornet 2.0?

EMI for Honda Hornet 2.0 for 3 years tenure can be calculated as per the following formula:-

{P x R x (1+R)^N / [(1+R)^N-1]}

Where, P = Principal amount of the loan, R = Rate of interest, N = Number of monthly installments which will be 36 in case of 3 years tenure.

Honda Hornet 2.0 User Reviews

4.1/5
Based on63 User Reviews
  • All (63)
  • Mileage (22)
  • Comfort (21)
  • Looks (20)
  • Power (15)
  • Experience (14)
  • Engine (14)
  • Performance (13)
  • More ...
  • LATEST
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  • for STD

    Powerful Sports Commuter

    Bike is good with decent looks. This product is value for money when you ride it. Maybe some guys compare this to other.....Read More

    By raj r
    On: Jan 30, 2024 | 1085 Views
    • 3 Likes
    • Dislikes
  • for STD

    all Rounder

    Look elegant sports bike with budget friendly rate, performance outstanding, comfortable too with all upgrades.....Read More

    By manish sharma
    On: Jan 25, 2024 | 472 Views
    • 1 Like
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  • for Repsol Edition

    Great Bike

    It is the best bike in this segment, it gives an amazing riding experience with great power and mileage. Also, it comes.....Read More

    By safee ahmed
    On: Jan 09, 2024 | 857 Views
    • Like
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  • Good Bike And Look

    The bike is good, especially the ABS braking system, which is very effective. One of the best features is its mileage,.....Read More

    By ayush
    On: Dec 26, 2023 | 922 Views
    • 2 Likes
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  • Fabulous Experience

    The bike offers absolute comfort, with good mileage and a nice speed. The bike's race performance is perfect, and its.....Read More

    By suraj kumar
    On: Dec 20, 2023 | 631 Views
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  • View All Honda Hornet 2.0 Reviews

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Disclaimer :

Disclaimer : As per the information entered by you the calculation is performed by EMI Calculator and the amount of installments does not includes any other fees charged by the financial institution / banks like processing fee, file charges, etc. The amount is in Indian Rupee rounded off to the nearest Rupee. Depending upon type and use of vehicle, regional lender requirements and the strength of your credit, actual down payment and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.

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