Honda SP 160 Loan EMI Calculator

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emi graph
Honda SP 160
₹3,747/month
EMI Starts at
₹1.30 Lakh*
On-Road Price Starts at
Honda SP 160 EMI starts at ₹ 3,747 per month for a loan period of 60 months @9.5% interest rate and a loan amount of ₹1.17 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₹1.17 Lakh
%
7%18%
Mo
12 Mo60 Mo
Monthly EMI for 5 months
₹23,894*
Loan Period
5 Months
Total Loan Amount
₹1.17 Lakh
Total Interest Payable
₹2,497
Total Payment
₹1.19 Lakh
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Year-Wise EMI Plan

₹
₹0₹1.17 Lakh*
%
7%18%
PeriodEMIInterestTotal Amount
12 months₹ 10,202₹ 5,453₹ 1,22,424
18 months₹ 6,944₹ 8,021₹ 1,24,992
24 months₹ 5,317₹ 10,637₹ 1,27,608
30 months₹ 4,342₹ 13,289₹ 1,30,260
36 months₹ 3,692₹ 15,941₹ 1,32,912
42 months₹ 3,230₹ 18,689₹ 1,35,660
48 months₹ 2,883₹ 21,413₹ 1,38,384
54 months₹ 2,614₹ 24,185₹ 1,41,156
60 months₹ 2,400₹ 27,029₹ 1,44,000

SP 160 Variant Wise EMI

Showing EMI for 5 months @ 8.5% rate
VariantsEMI Starts atOn-Road Price
Front Disc & Rear Drum (OBD2B)₹23,894₹1,29,968
Front Disc & Rear Disc (OBD2B)₹25,031₹1,36,156
Honda SP 160
Honda SP 160
4.2

₹1.16 - ₹1.21 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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