What is the down payment?

If you are planning to buy a new bike on finance, then generally, a 10 to 30 percent down payment is required on the on-road price of a bike. However, exact confirmation regarding EMI, down payment, interest, loan period, and its procedure will be discussed by the bank or dealership only, as it depends upon individual eligibility. We would suggest you to get in touch with the nearest dealership to get exact information. Click on the given link and select your city accordingly for the nearest authorized details.

What is the cooling type?

The Honda Unicorn features an air-cooled system.

The ARAI claimed mileage of Honda Unicorn is 60 kmpl. This is the claimed mileage for all variants.

Does Honda Unicorn come with digital meters?

No, the Honda Unicorn comes with analog meters.

What is the price in Bangalore?

Honda Unicorn is priced at INR 1.07 Lakh (Ex-showroom price in Bangalore). You may click on the given link and select your city accordingly for an estimated on-road price.

What is the engine displacement of Honda Unicorn?

The engine displacement of Honda Unicorn is 162.7 cc

What is the Start type of Honda Unicorn?

Honda Unicorn has Kick and Self Start.

What is the Tyre Type of Honda Unicorn?

Honda Unicorn has Tubeless tyres.

What is the exact Height of Honda Unicorn?

The height of Honda Unicorn is 1103 mm

What is the Power of Honda Unicorn?

The power produced by Honda Unicorn is 12.91 PS @ 7500 rpm

What is the Torque of Honda Unicorn?

The torque available on Honda Unicorn is 14 Nm @ 5500 rpm.

Does Honda Unicorn need a license?

Yes, it is required to have a driving license to drive Honda Unicorn.

What is the Ex-Showroom Price of Honda Unicorn?

The Ex-Showroom price of Unicorn in Delhi is 1,09,800.

What is the Curb weight of Honda Unicorn?

The curb weight of Unicornis 140 kg.

What is the fuel tank capacity of Honda Unicorn?

The fuel tank capacity of Unicorn is 13 L.

What is the Body style of Honda Unicorn?

The Body Style of Unicorn is commuter.

What are the Model versions of Honda Unicorn?

The model versions of Unicorn are Honda Unicorn STD .

What is the Fuel economy of Honda Unicorn?

The fuel economy/Mileage of Unicorn is 60 kmpl.

What is the ground clearance of Honda Unicorn?

Honda Unicorn offers ground clearance of 187 mm.

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. ₹1,19,500/- on an annual rate of interest of 10% for a tenure of 3 years then EMI = 119500 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 3,839/- 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.

Questions and Answers on Honda Unicorn

Honda Unicorn

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*Ex-showroom Price in Delhi

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Recently Asked User Questions about Honda Unicorn

debu asked on 26 Dec 2023
Q.
What is the down payment?
Bikedekho experts
on 27 Dec 2023
If you are planning to buy a new bike on finance, then generally, a 10 to 30 percent down payment is required on the on-road price of a bike. However, exact confirmation regarding EMI, down payment, interest, loan period, and its procedure will be discussed by the bank or dealership only, as it depends upon individual eligibility. We would suggest you to get in touch with the nearest dealership to get exact information. Click on the given link and select your city accordingly for the nearest authorized on-road price.
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