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Honda SP 125 EMI Calculator
Honda SP 125 EMI starts at Rs 3,092 per month for a tenure of 36 months @9.7 for a loan amount of Rs 96,512. 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 SP125. (Calculated on On Road Price in Delhi)
Honda SP 125 Down Payment and EMI
| SP125 Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| DLX | 1,06,543 | Rs. 11,838 | Rs. 3,418 |
| STD | 96,512 | Rs. 10,724 | Rs. 3,092 |
Shortlist
Rs.93,247 - 1.02 Lakh*
EMI starts from ₹3,092
Calculate your Loan EMI for SP125
Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
- On-Road PriceRs.1,07,236
- Total Loan AmountRs.96236
- Payable AmountRs.111312
- You’ll pay extraRs.15076
EMIper month
Rs3,092
Calculated on On Road Price in Delhi
At BikeDekho, We can help you get the best deal on your loans.
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SP125 EMI FAQs
Q) What will be the lowest down payment for Honda SP 125?
A) 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 SP 125 includes the RTO and insurance charges.
Q) What will be the monthly EMI for Honda SP 125?
A) 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 SP 125 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. ₹96,236/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 96236 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,092/-
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.
Q) What will be the interest rate for Honda SP 125?
A) The interest rate for Honda SP 125 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.
Q) What will be the EMI for 3 years tenure for Honda SP 125?
A) EMI for Honda SP 125 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 SP 125 User Reviews
Based on144 User Reviews
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Popular Mentions
- All (144)
- Mileage (66)
- Comfort (65)
- Looks (64)
- Performance (40)
- Engine (37)
- Price (23)
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- Good bike.It is all over a good bike but little glitch comes in changing the gear and it is really annoying when you suddenly have to change the gear and it's not getting change. The bike is okay at it's price point. Heating issues are there so you have to compromise there and the best part is the longer seat.Read More
- All good 👍😊Almost 95% people's refer for sp125 because of its nice graphics,sporty look,smooth. I like this bike most for long ride , daily ride in a city as well. I purchased a new bike, honda sp125 on 07/09/2022 & on the same day while riding engine was as hot as hot water & upon experiencing the same.🙂🙂Read More
- It's very comfortable and worthIt's very comfortable and worth it I am so happy to get this bike it have led light and it's features was too amazing it's very comfortable and it's mileage was too good approximately 60 se 65 kmph it's cons is gear shifting mai bhut dikkat hoti hai bhaiii baaki sab sahi hai worth it in terms of mileage and price.Read More1
- Good bike for mid rangeI own honda sp 125 it offers good feature with looks. It's digital instrument cluster helps tracking fuel , milage which lacks in shine 125 we can say this sp 125 is updated version of shine.Honda also increased the rear Tyre size which is good in terms of tractions and provides good control to bike.Read More1
- Great for commute bikeGood bike with a great milage and value for money if you travel a too far from your home to office this bike is definitely for you 1, great milage of 63 kmpl 2,minimal style 3,value for money 4, segments best milage bike My experience with the bike was great... Are you still reading book a bike for you nowRead More1
- Awesome 😎I've been riding the Honda SP 125 for months now, and it's been an excellent experience. The bike offers a smooth ride, great pickup, and impressive fuel efficiency. Its sporty design, digital instrument cluster, and silent start make it ideal for daily city commutes. Truly reliable and stylish look.Read More
- Bike better the budgetBike is comfort, but sometimes mileage problem and sometimes automatically newton gear and local rights, not comfort bike design, his better average and the front light is dim. Sometimes he is driving skating, okay better than other bikes. The budget my rating is 10 out of 5. and family adjusting the bike.Read More1 1
- ALL ROUNDER BIKEOverall I have this bike and I know this bike evrything is so good I know bike give me 75+ mileage and comfort i saw this is all rounder bike thanks you honda for making good and cheapest and big and good looking bike so honestly i saw one thing is soo good it's looking like it look and so good bike in the worldRead More1
- Overall bike is bestOverall bike is best for middle class family people. But sometimes it have technical issue in their fuel indication . Otherwise it is best in mileage, comfort, looks and all. Its mileage in city road is 60 to 65 kmpl and in highway is 65 to 70 kmpl. It has top speed for 130 to 135 km/hr. Cushioning is also goodRead More1
- Bike is value for moneyI bought this bike one year before and it's performance is good and it looks good and give very high mileage which reduces my fuel expenses and this bike is stable at high speed and feels very smooth which driving and sitting posture is very comfortable and now after one year of owning this bike I would suggest you to buy this bike without any second thought .Read More1
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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.
*Ex-showroom price in Delhi
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