Honda SP 160 Loan EMI Calculator

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Honda SP 160
₹3,779/month
EMI Starts at
₹1.31 Lakh*
On-Road Price Starts at
Honda SP 160 EMI starts at ₹ 3,779 per month for a loan period of 60 months @9.5% interest rate and a loan amount of ₹1.18 Lakh*. To look at the EMI for SP 160 variants use the EMI Calculator below. It gives a detailed breakdown of EMI and other charges.
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Loan EMI Calculation

₹
₹0₹1.18 Lakh
%
7%18%
Mo
12 Mo60 Mo
Monthly EMI for 5 months
₹24,100*
Loan Period
5 Months
Total Loan Amount
₹1.18 Lakh
Total Interest Payable
₹2,519
Total Payment
₹1.21 Lakh
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Year-Wise EMI Plan

₹
₹0₹1.18 Lakh*
%
7%18%
PeriodEMIInterestTotal Amount
12 months₹ 10,290₹ 5,497₹ 1,23,480
18 months₹ 7,005₹ 8,107₹ 1,26,090
24 months₹ 5,363₹ 10,729₹ 1,28,712
30 months₹ 4,379₹ 13,387₹ 1,31,370
36 months₹ 3,724₹ 16,081₹ 1,34,064
42 months₹ 3,258₹ 18,853₹ 1,36,836
48 months₹ 2,908₹ 21,601₹ 1,39,584
54 months₹ 2,637₹ 24,415₹ 1,42,398
60 months₹ 2,421₹ 27,277₹ 1,45,260

SP 160 Variant Wise EMI

Showing EMI for 5 months @ 8.5% rate
VariantsEMI Starts atOn-Road Price
Front Disc & Rear Drum (OBD2B)₹24,100₹1,31,092
Front Disc & Rear Disc (OBD2B)₹25,238₹1,37,280
Honda SP 160
Honda SP 160
4.3

₹1.17 - ₹1.22 Lakh*

Ex-Showroom Price

Explore Honda SP 160

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Eligibility & Documents Requirements for a Loan

Who can apply?

You must be an Indian citizen.

Age: 18 to 80 years (at loan maturity).

CIBIL score: 700 or above.

If salaried: Earn at least ₹25,000 per month.

If self-employed: Show ITR proof for the last 2 years.

Also eligible: Proprietors, partnership firms, private limited companies, and trusts.

SP 160 On Road Price in India

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