Honda Elevate Loan EMI Calculator
₹24,812/month
EMI Starts at
₹13.44 Lakh*
On-Road Price Starts at
Honda Elevate EMI starts at ₹ 24,812 per month for a loan period of 60 months @8.5% interest rate and a loan amount of ₹12.09 Lakh*. To look at the EMI for Elevate variants use the EMI Calculator below. It gives a detailed breakdown of EMI and other charges.
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Loan EMI Calculation
₹
₹0₹12.09 Lakh
%
7%18%
Yr
1 Yr7 Yrs
Monthly EMI for 5 years
₹24,812*
Loan Period
5 Years
Total Loan Amount
₹12.09 Lakh
Total Interest Payable
₹2.79 Lakh
Total Payment
₹14.89 Lakh
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Year-Wise EMI Plan
₹
₹0₹12.09 Lakh*
%
7%18%
| Period | EMI | Interest | Total Amount |
|---|---|---|---|
| 1 yr | ₹ 1,05,482 | ₹ 56,406 | ₹ 12,65,784 |
| 2 yrs | ₹ 54,973 | ₹ 1,09,974 | ₹ 13,19,352 |
| 3 yrs | ₹ 38,177 | ₹ 1,64,994 | ₹ 13,74,372 |
| 4 yrs | ₹ 29,809 | ₹ 2,21,454 | ₹ 14,30,832 |
| 5 yrs | ₹ 24,812 | ₹ 2,79,342 | ₹ 14,88,720 |
| 6 yrs | ₹ 21,501 | ₹ 3,38,694 | ₹ 15,48,072 |
| 7 yrs | ₹ 19,152 | ₹ 3,99,390 | ₹ 16,08,768 |
| 8 yrs | ₹ 17,406 | ₹ 4,61,598 | ₹ 16,70,976 |
| 9 yrs | ₹ 16,060 | ₹ 5,25,102 | ₹ 17,34,480 |
| 10 yrs | ₹ 14,995 | ₹ 5,90,022 | ₹ 17,99,400 |
Elevate Variant Wise EMI
Showing EMI for 5 years @ 8.5% rate
| Variants | EMI Starts at | On-Road Price |
|---|---|---|
| SV 1.5L i-VTEC Petrol 5 MT | ₹24,812 | ₹13,43,753 |

₹11.60 - ₹16.59 Lakh*
Ex-Showroom Price
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Elevate Competitor EMI Details
Showing EMI for 5 years @ 8.5% rate
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.
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