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Honda Livo EMI Calculator

Honda Livo
31 reviews
Rs.78,500 - 82,500*
*Ex-showroom Price in delhi
View Finance Offers

Honda Livo EMI starts at Rs 2,706 per month for a tenure of 36 months @9.7 for a loan amount of Rs 83,917. 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 Livo. (Calculated on On Road Price in Delhi)

 

Honda Livo Down Payment and EMI

Livo VariantsLoan @ 9.7%. Down paymentEMI (36 months)
Drum83,917Rs. 9,324Rs. 2,706
Disc87,846Rs. 9,761Rs. 2,815
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Calculate your Loan EMI for Livo

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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*Ex-showroom Price in delhi

Livo EMI FAQs

  • FAQ

What will be the lowest down payment for Honda Livo?

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 Livo includes the RTO and insurance charges.

What will be the monthly EMI for Honda Livo?

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 Livo 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. ₹84,241/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 84241 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,706/-

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 Livo?

The interest rate for Honda Livo 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 Livo?

EMI for Honda Livo 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 Livo User Reviews

4.2/5
Based on31 User Reviews
  • All (31)
  • Mileage (19)
  • Comfort (11)
  • Performance (6)
  • Looks (5)
  • Price (5)
  • Maintenance (4)
  • Speed (4)
  • More ...
  • LATEST
  • MOST HELPFUL
  • Bad Experience

    The shock absorbers are subpar, leading to an uncomfortable ride. The gear shifting is not smooth, and excessive.....Read More

    By hardik sengar
    On: Feb 24, 2024 | 277 Views
    • 1 Like
    • Dislikes
  • Great Experience

    The superbike offers fantastic comfort, and impressive mileage, and performs exceptionally well for daily use and.....Read More

    By dev
    On: Feb 23, 2024 | 207 Views
    • Like
    • Dislikes
  • for Disc

    Nice Experience

    An excellent bike with minimal petrol consumption, featuring front disc brakes and delivering impressive mileage.

    By raghav yadav
    On: Feb 04, 2024 | 57 Views
    • 1 Like
    • Dislikes
  • for Disc

    Very Good Choice

    Honda is an excellent choice for a family bike. It offers a good speed limit and efficient fuel service, and I am happy.....Read More

    By bibek mondal
    On: Feb 01, 2024 | 172 Views
    • 1 Like
    • Dislikes
  • for Disc

    Features And Performance Cool.....

    Good mileage and performance, coupled with a stylish look. It's also comfortable with disk brakes, and the price is.....Read More

    By rajmohit gifted
    On: Dec 19, 2023 | 543 Views
    • 1 Like
    • Dislikes
  • View All Honda Livo 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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