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    Honda Unicorn EMI Calculator

    Honda Unicorn EMI Calculator

    Honda Unicorn EMI starts at Rs 4,062 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,26,407. 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)
    STD1,26,407Rs. 14,045Rs. 4,062
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    Rs.1,15,832*
    EMI starts from ₹4,062
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    Calculate your Loan EMI for Unicorn

          Down PaymentRs.
          0Rs.0
          Bank Interest Rate %
          6%26%
          Loan Period (Months)
          Your monthly EMI
          Rs.4,062*
          Rate of interest@ 9.7%* for 36 Months
          • Loan amountRs.126452
          • Interest amountRs.19780
          • Total Amount PayableRs.146232*
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          Find EMI of Unicorn Alternatives

          Unicorn EMI FAQs

          Q) What will be the lowest down payment for Honda Unicorn?
          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 Unicorn includes the RTO and insurance charges.
          Q) What will be the monthly EMI for Honda Unicorn?
          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 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. ₹1,26,452/- on an annual rate of interest of 10% for a tenure of 3 years then  EMI = 126452 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,062/- 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 Unicorn?
          A) 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.
          Q) What will be the EMI for 3 years tenure for Honda Unicorn?
          A) 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

          4.6/5
          Based on69 User Reviews
          Write a Review & Win ₹5000
          Popular Mentions
          • All (69)
          • Comfort (48)
          • Mileage (34)
          • Engine (32)
          • Looks (21)
          • Maintenance (18)
          • Performance (17)
          • More...
          • Latest
          • Most Helpful
          • S
            shivraj on
            2.5
            Worst Unicorn, lower quality manufacturing
            Manufacturing defect, painting not ok rust within 1 year, noise issue, fitting not given proper, pickup issues,lots of maintenance for 160ccbike, cain sprocket, brake plate, clutch plate, tyre issue, suspension front fork conical set issue, suspension not ok for back pain, I took bike for suspension and speed but bike is very unstable not like unicorn, Honda have to improve thier quality.
            Read More
            5 5
          • S
            sovind on
            5.0
            bahut hi sandar bike hai ye kala ghoda hai chalne me bhi smoth
            Bahut hi shandar bike hai ye kala ghoda hai, chalne me bhi smooth chalti hai, breaker aata hai pata hi nhi chalta, it' is a good bike iske engine ka awaz bahut hi silent hai, chalti hai to pata hi nhi chalta kb aayi or kb gyi mileage bhi ache deti hai, middle class family ke liye kafi achi bike hai.
            Read More
            2 2
          • A
            akshay on
            4.8
            The Value of the Durability and features & efforts
            The unicorn bike was famous with the smooth touch and good performance, the mileage was good in the city area and also good for long ride in the highway, comfort and sitting is best for long ride. The bike is really comfortable. My long trip with my best bike that is unicorn 160 cc around 1350 km, on road the performance is good, mileage increased with around 50 to 55 km per litre and pickup of the bike is to much wow with great features. I have been riding the Unicorn Honda bike for a long time. I love its comfortable ride accross the long drive or india tour, seating, mileage is good, smooth and performance with low cost maintainance.
            Read More
            3 4
          • S
            suraj on
            4.7
            KALA GHODA
            I choose Honda unicorn because of refined engine. Comfortable wide seat, good suspension, good mileage. And it's reputation in market. KALA GHODA is not a just bike it's emotion. Spare parts easily available. The ride is very smooth and comfortable. For daily travelling in city is very comfortable. Suspension absorbs pithole and rough road very well. The engine is refined and vibration free in this segment. Mileage is sometime give 55 on highways. Yes I would recommend the Honda unicorn because of its engine is very reliable. Honda engines is known as long last with minimum problems. Suspension and seat is very comfortable. The best bike in this segment. Also it's low maintenance. And many more. It's KALA GHODA.
            Read More
            16 10
          • A
            atharva on
            4.8
            short But Honest Review
            This Bike Is best to ride Means Comfortable Formal Look Bike, Performance Make another Place in my ❤️. Best For College or Uncle Ride, Kitne bhi logo leke jaaoo bike Thakte nhi Pickup aisa ki 3 gear me 60 par full ekdam makhan bhagne ko top class bike low maintenance But compromise with Mileage Only 45kmpl.
            Read More
            10 21
          • K
            kumaravel on
            5.0
            But to too good
            The Honda Unicorn is one of India’s most well-known commuter motorcycles, blending smooth performance with everyday practicality. In its current form, the bike comes with a 162.7 cc single-cylinder, air-cooled, fuel-injected engine that delivers a refined and smooth power delivery — perfect for city traffic and relaxed highway cruising. The engine feels calm and responsive, making daily riding less tiring and more enjoyable.
            Read More
            7 8
          • S
            sai on
            4.2
            The review of unicorn
            First i want a bike to be comfortable and reliable for long distances and unicorn delivery it definitely. Because I go to work daily and i never felt back pain or anything it's very comfortable and i really love to ride it. The ride is very good and comfortable but I hate to say that the bike has very bad heating issue from engine. In summers your legs gonna feel the heat expect that everything is totally fine and overall good. I definitely recommend the bike but I know it's a little bit pricey than others at this range but it gonna deliver every ruppee you spend. If you someone like me who lives in a village i definitely recommend you to buy this bike because it handles every pothole or speed breaks smoothly and it goes very well in muddy road also. The suspension is good and the efficiency is good not very good compared to others but it's okay. The service is also good just go for it.
            Read More
            4 9
          • R
            rahul on
            3.3
            Unicorn review
            Its a family friendly bike gives a very good mileage and also has a decent engine and the engine is also very reliable engine I have completed 2 lakh kilometres with this bike but the engine is still fine. The design of the bike is not that great should be launched in new stylish versions like the new editions of glamour it design should be made more sportier and stylish so that it can match today's market Demands. If you want good mileage for daily short rides inside the city or intercity rides you should buy this its a good choice for a normal corporate guy for going to office everyday and also a good choice for small families.
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            5 2
          • T
            tharun on
            4.7
            Good and satisfied
            Nice to enjoy the riding this bike as I ride with some 60-80 speed of my friend bike so I got the new bike. I can also have the other bike and continue the good experience of the riding but this was nice. I have driven 800 km in 7 days, it is so nice to enjoy the riding with the unicorn bike as Its comfort is nice, we can enjoy the riding. It is good, the performance is nice with it I recommend for my friend also now. Yes absolutely, It is nice bike so I could recommend to anyone and have nice experience so that we can enjoy riding, this is the great option for anyone trying to buy any bike with this mileage so try it guys.
            Read More
            1 2
          • O
            omkar on
            3.8
            Honda Unicorn Bike review
            We needed a commuting and family purpose bike and this bike delivered it very Well, it is good for city and Highway both while being comfortable for both rider and pillion, it has a good power and comfort After 8,000 km, my Honda Unicorn feels smooth and well-settled. The engine is refined, ride comfort is excellent, suspension handles bad roads well, mileage is consistent, and reliability inspires daily confidence. Yes, I will recommend this bike to people who needs a commuting, family purpose bike which is fast, reliable, maintenance is easy and super comfortable, if someone who is just started riding, this is good for it
            Read More
            6 3
          • View All Honda Unicorn 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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