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# Honda Shine 100 EMI Calculator

Rs. 64,900*
EMI starts from ₹ 2,267
*Ex-showroom Price in Delhi
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# Honda Shine 100 EMI Calculator

Honda Shine 100 EMI starts at Rs 2,267 per month for a tenure of 36 months @9.7 for a loan amount of Rs 70,701. 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 Shine 100. (Calculated on On Road Price in Delhi)

## Honda Shine 100 Down Payment and EMI

Shine 100 VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD70,701Rs. 7,856Rs. 2,267

## Calculate your Loan EMI for Shine 100

Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
• Total Loan AmountRs.0
• Payable AmountRs.0
• You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in Delhi

## Shine 100 EMI FAQs

What will be the lowest down payment for Honda Shine 100?

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 Shine 100 includes the RTO and insurance charges.

What will be the monthly EMI for Honda Shine 100?

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 Shine 100 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. ₹70,557/- on an annual rate of interest of 10% for a tenure of 3 years then

EMI = 70557 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,267/-

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 Shine 100?

The interest rate for Honda Shine 100 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 Shine 100?

EMI for Honda Shine 100 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 Shine 100 User Reviews

4.3/5
Based on72 User Reviews
Write a Review & Win ₹1000

### Popular Mentions

• All (72)
• Comfort (33)
• Mileage (29)
• Engine (25)
• Seat (24)
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• More ...
• Latest
• K
kappil on Jun 26, 2024
3.8
My faithful everyday commuter

My faithful everyday commuter has been the Honda Shine 100. With little time left over after work, family, and kids, I wanted a bike that is dependable and low maintenance. As it.....Read More

YesNo
• A
anupam on Jun 24, 2024
3.8
Shine 100 made our journey pleasurable

Here I am sharing my Honda Shine 100 experience. I just took a buddy on a little ride on my Honda Shine 100. In shades of red and black, the Shine 100 seems understated yet.....Read More

YesNo
• R
rochak on Jun 14, 2024
3.8
Shine 100 was the ideal bike for me

The Honda Shine 100 immediately drew me in with its unassuming beauty and usefulness. Though not showy, it had an efficiency and dependability that drew me in right away. The.....Read More

YesNo
• P
parvez on Jun 11, 2024
3.8
Shine 100 is a really reasonably priced

The Honda Shine 100 is a really reasonably priced bike that I recently looked at. Price is about sixty-four thousand. Basic hues like Black with Red Stripes and Black with Blue.....Read More

YesNo
• V
vikrant on Jun 07, 2024
4.0
Affordable and Reliable

My brother owned this model few months before. I get mileage around 60-65 kilometers per liter, which is super easy. The 100cc engine is good for city riding. It's not super.....Read More

YesNo
• View All Honda Shine 100 Reviews

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Honda Shine 100 Brochure
Download brochure for detailed information of specs, features & prices.

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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.