Honda SP 125 EMI Calculator


Updated on November 2026
The Honda SP 125 EMI is Rs. 2,429 per month for 36 months at 9.45% on a loan of Rs. 75,891, with a down payment of Rs. 31,449. This is based on the STD variant's on-road price of Rs. 1,07,340 in Delhi (ex-showroom Rs. 90,498). Use the bike loan calculator below to change the down payment, interest rate and tenure.
Also see: SP125 On-road price | SP125 Mileage

Honda SP 125 EMI and Down Payment

Ex-showroom
: Rs. 90,498
On-road price
: Rs. 1,07,340  (Delhi)
Loan amount
: Rs. 75,891  (On-road price - Down payment)
Down payment
: Rs. 31,449  (Amount paid upfront)
Monthly EMI
: Rs. 2,429  (For Tenure of 36 months @ 9.45%; banks start from 10.05%)
Insurance
: Rs. 6,527
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Honda SP 125 Bike Loan EMI Calculator

Variant
STD
On-road price (Delhi)
Rs. 1,07,340
Down payment
Rs. 31,449
Loan amount
Rs. 75,891
Interest rate
9.45%
Tenure
36 months
Monthly EMI
Rs. 2,429
EMI in advance: You pay one EMI instalment in advance to the bank. This amount is EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan

Honda SP 125 Bike Loan EMI & Loan Breakdown

Monthly EMI
Rs. 2,429
36 months @ 9.45%
  • Down paymentRs. 31,449
  • Loan amountRs. 75,891
  • Total interestRs. 11,553
  • Total loan repayment (EMIs)Rs. 87,444
  • Total purchase outlayRs. 1,18,893

Total loan repayment is the EMIs only. Total purchase outlay adds the down payment, so it is what the STD costs you over the loan; it does not include insurance renewal, fuel, maintenance or lender charges other than the processing fee.

YearPrincipal paidInterest paidOutstanding loan
Year 1 Months 1-12Rs. 22,954Rs. 6,194Rs. 52,937
Year 2 Months 13-24Rs. 25,219Rs. 3,929Rs. 27,718
Year 3 Months 25-36Rs. 27,718Rs. 1,430Rs. 0
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Honda SP 125 Loan Interest Rates by Bank

Honda SP 125 loan rates, 36 months, loan Rs. 75,891
Lending Partners Interest Rate EMI Starting From (36 Months)
Loans From HDFC BankHDFC Bank 14.5% onwards Rs. 2,612 (36 months)
Loans From ICICI BankICICI Bank 10.05% onwards Rs. 2,451 (36 months)
Loans From Axis BankAxis Bank 11% onwards Rs. 2,485 (36 months)
Loans From Bank of Baroda BankBank of Baroda 13.65% onwards Rs. 2,581 (36 months)
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Honda SP 125 EMI by Tenure

For a Rs. 75,891 loan on the STD at 9.45%.

Tenure EMI Total Interest Total Payable
12 months Rs. 6,653 Rs. 3,945 Rs. 79,836
24 months Rs. 3,483 Rs. 7,701 Rs. 83,592
36 months Rs. 2,429 Rs. 11,553 Rs. 87,444
48 months Rs. 1,905 Rs. 15,549 Rs. 91,440
60 months Rs. 1,592 Rs. 19,629 Rs. 95,520
Honda SP 125
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Honda SP 125
4.4 408 user reviews
Starts at ₹ 90,498
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Honda SP 125 Variant-Wise EMI

On-road prices in Delhi. Every variant uses the same rule: the loan runs 36 months at 9.45%, and the down payment is the on-road price minus the loan.

SP125 Variants Fuel/Transmission Ex-showroom On-road Price Loan @9.45% Down Payment EMI (36 months)
STD Petrol Rs. 90,498 Rs. 1,07,340 Rs. 75,891 Rs. 31,449 Rs. 2,429
DLX Petrol Rs. 98,086 Rs. 1,15,622 Rs. 82,501 Rs. 33,121 Rs. 2,641

How Is the Honda SP 125 EMI Calculated?

EMI = [P × r × (1 + r)n] ÷ [(1 + r)n − 1], where P is the loan amount, r is the monthly interest rate {(annual rate ÷ 12) ÷ 100} and n is the tenure in months. For the STD variant: P = Rs. 75,891, r = (9.45 ÷ 12) ÷ 100 = 0.007875 and n = 36 months, which gives an EMI of Rs. 2,429.

The calculation starts from the Delhi on-road price of Rs. 1,07,340 (ex-showroom Rs. 90,498 plus insurance, RTO and other charges).

Factors That Affect Your Honda SP 125 Loan EMI

  • Down payment: Every Rs. 10,000 of extra down payment lowers the EMI by about Rs. 320 at 9.45% for 36 months.
  • Interest rate: A rate 1% higher adds about Rs. 36 to the EMI on a Rs. 75,891 loan. Starting rates from the banks on this page range from 10.05% to 14.5%.
  • Loan tenure: Over 12 months the EMI is Rs. 6,653; over 60 months it drops to Rs. 1,592 but you pay Rs. 15,684 more in interest.
  • Variant and city: In Delhi the EMI ranges from Rs. 2,429 (STD) to Rs. 2,641 (DLX). The on-road price, and with it the loan, changes from city to city with RTO charges and insurance.

Honda SP 125 EMI vs Shine 100, SP160, Glamour X 125

Starting EMI of each model's base variant, worked out the same way as the Honda SP 125: the down payment is the on-road price minus the loan.

ModelOn-road PriceEMITenureInterest RateCompare
Honda Shine 100 Standard Rs. 80,210 Rs. 1,736 36 months 9.45% Compare with SP125
Honda SP160 Single Disc Rs. 1,41,635 Rs. 3,198 36 months 9.45% Compare with SP125
Hero Glamour X 125 Drum Rs. 1,05,504 Rs. 2,409 36 months 9.45% Compare with SP125
Hero Xtreme 125R IBS Rs. 1,07,913 Rs. 2,457 36 months 9.45% Compare with SP125

Frequently Asked Questions About Honda SP 125 EMI

What is the monthly EMI for the Honda SP 125?

Rs. 2,429 a month for the STD, on a Rs. 75,891 loan at 9.45% for 3 years. The top DLX works out to Rs. 2,641.

How much down payment is required for the Honda SP 125?

About Rs. 31,449 for the STD in Delhi. That's the on-road price of Rs. 1,07,340 minus the Rs. 75,891 loan.

How does the loan tenure affect the Honda SP 125 EMI?

Over 1 year the EMI is Rs. 6,653 and you pay Rs. 3,945 in interest. Stretch it to 5 years and the EMI drops to Rs. 1,592, but interest rises to Rs. 19,629.

Is the Honda SP 125 EMI calculated on the ex-showroom price or the on-road price?

On the on-road price. In Delhi the STD costs Rs. 1,07,340 on-road, which includes Rs. 6,527 insurance and Rs. 10,315 RTO and other charges.

Does the Honda SP 125 EMI calculator include the processing fee?

Yes. The Rs. 2,950 processing fee is paid with the down payment and is not added to the loan.

Which bank has the lowest interest rate for a Honda SP 125 loan?

ICICI Bank, from 10.05%. At that rate the EMI on the same Rs. 75,891 loan comes to Rs. 2,451 a month.

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