# Honda Unicorn EMI Calculator

30 reviews
Rs. 97,356*
*Ex-showroom Price in delhi

Honda Unicorn EMI starts at Rs 3,727 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,04,346. 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 Unicorn. (Calculated on On Road Price in Delhi)

## Honda Unicorn Down Payment and EMI

Unicorn VariantsLoan @ 9.7%. Down paymentEMI (36 months)
STD1,04,346Rs. 11,594Rs. 3,727

## Calculate your Loan EMI for Unicorn

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

## Find EMI of Unicorn Alternatives

*Ex-showroom Price in delhi

• FAQ

### What will be the lowest down payment for Honda Unicorn?

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 Unicorn includes the RTO and insurance charges.

### What will be the monthly EMI for Honda Unicorn?

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 Unicorn 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. ₹1,03,940/- on an annual rate of interest of 10% for a tenure of 3 years then

EMI = 103940 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,727/-

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 Unicorn?

The interest rate for Honda Unicorn 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 Unicorn?

EMI for Honda Unicorn 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 Unicorn User Reviews

4.0/5
Based on30 User Reviews
• All (30)
• Comfort (13)
• Mileage (10)
• Price (7)
• Looks (5)
• Maintenance (5)
• Performance (4)
• Engine (3)
• More ...
• LATEST
• ### Smooth riding experience.

Engine, mileage, looks, and riding is too good but the seating position is not up to the mark. The digital tachometer.....Read More

By shrikant naik
On: Dec 20, 2020 | 7807 Views
• ### It can be more impressive.....

I am using this bike for the last 3months. I am happy with the mileage of 60kmpl. The price was quite high and no.....Read More

On: Dec 18, 2020 | 6750 Views
• ### A very tough bike.

I am using this bike for almost 10 years now a very reliable and efficient bike you can buy in case of mileage in the.....Read More

By hafeez
On: Dec 03, 2020 | 5336 Views
• ### Good Bike ..!!!

The Unicorn is a good bike with superb comfort & low maintenance 😉🤭

By kiran kumar
On: Nov 28, 2020 | 250 Views
• ### There In No Alternative For.....

Awesome bike in the segment. I got 60+ kmpl mileage during the long drive and 55+ kmpl in the city ride. Comfort is.....Read More

By arindam ghosal
On: Nov 21, 2020 | 3042 Views
• View All Honda Unicorn Reviews

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## Unicorn Running Cost

KM driven per day20 km/day
Monthly fuel costRs.0* / month
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.