Honda SP160 EMI Calculator

Updated on October 2026

The Honda SP160 EMI is Rs. 3,198 per month for 36 months at 9.45% on a loan of Rs. 99,903, with a down payment of Rs. 38,276. This is based on the Single Disc variant's on-road price of Rs. 1,38,179 in Delhi (ex-showroom Rs. 1,18,060). Use the bike loan calculator below to change the down payment, interest rate and tenure.

Also see: SP160 On-road price | SP160 Mileage

Honda SP160 EMI and Down Payment (Delhi)

Honda SP160 Single Disc – EMI calculator

Ex-showroom

: Rs. 1,18,060

On-road price

: Rs. 1,38,179 (Delhi)

Loan amount

: Rs. 99,903 (On-road - Down payment)

Down payment

: Rs. 38,276 (On-road - Loan amount)

Monthly EMI

: Rs. 3,198 (For Tenure of 36 months @ 9.45%; banks start from 10.05%)

Insurance

: Rs. 10,675

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Honda SP160 Bike Loan EMI Calculator

On-road price (Delhi): Rs. 1,38,179
Down payment: Rs. 38,276
Loan amount: Rs. 99,903
Interest rate: 9.45%
Tenure: 36 months
Monthly EMI: Rs. 3,198
Total interest: Rs. 15,225
Total payable: Rs. 1,15,128

EMI in advance: You pay one EMI instalment in advance to the bank. This amount is deducted from the loan amount disbursed to the dealer. Thus it gets added to the down payment that you are to make.
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EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees. ..Read More ..Read Less

Honda SP160 Loan Interest Rates by Bank

Honda SP160 loan rates, 36 months, loan Rs. 99,903
Lending Partners	Interest Rate	EMI Starting From (36 Months)
HDFC Bank	14.5% onwards	Rs. 3,439 (36 months)
ICICI Bank	10.05% onwards	Rs. 3,226 (36 months)
Axis Bank	11% onwards	Rs. 3,271 (36 months)
Bank of Baroda	13.65% onwards	Rs. 3,397 (36 months)

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Honda SP160 EMI by Tenure

For a Rs. 99,903 loan on the Single Disc petrol at 9.45%.

Tenure	EMI	Total Interest	Total Payable
12 months	Rs. 8,758	Rs. 5,193	Rs. 1,05,096
24 months	Rs. 4,585	Rs. 10,137	Rs. 1,10,040
36 months	Rs. 3,198	Rs. 15,225	Rs. 1,15,128
48 months	Rs. 2,507	Rs. 20,433	Rs. 1,20,336
60 months	Rs. 2,096	Rs. 25,857	Rs. 1,25,760

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Honda SP160

3.9 15 user reviews

Starts at ₹ 1,18,060

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Honda SP160 Variant-wise EMI & Down Payment

SP160 Variants	Fuel/Transmission	Ex-showroom	Loan @9.45%	Down Payment	EMI (36 months)
Single Disc	Petrol	Rs. 1,18,060	Rs. 99,903	Rs. 38,276	Rs. 3,198
Double Disc	Petrol	Rs. 1,23,570	Rs. 1,04,703	Rs. 39,520	Rs. 3,351

Honda SP160 EMI vs SP125, Unicorn, Pulsar N160

Honda SP125
Rs. 90,498
SP125 EMI Compare with SP160
Honda Unicorn
Rs. 1.16 Lakh
Unicorn EMI Compare with SP160
Bajaj Pulsar N160
Rs. 1.22 Lakh
Pulsar N160 EMI Compare with SP160
Honda Hornet 2.0
Rs. 1.50 Lakh
Hornet 2.0 EMI Compare with SP160
TVS Ronin
Rs. 1.30 Lakh
Ronin EMI Compare with SP160

Honda SP160 EMI FAQs

What is the EMI for the Honda SP160?

Rs. 3,198 per month for the Single Disc variant (loan Rs. 99,903, 9.45%, 36 months). Over 60 months it is Rs. 2,096.

What is the down payment for the Honda SP160?

Rs. 38,276 for Single Disc and Rs. 39,520 for Double Disc in ZigWheels' default calculation.

What is the EMI for the Honda SP160 Double Disc variant?

Rs. 3,351 per month on a loan of Rs. 1,04,703 at 9.45% for 36 months.

Which bank has the lowest rate for a Honda SP160 loan?

Of the listed partners, ICICI Bank starts at 10.05% (EMI Rs. 3,226 for 36 months). Axis Bank 11%, Bank of Baroda 13.65%, HDFC Bank 14.5%.

How much total interest will I pay on a Honda SP160 loan?

Rs. 15,225 over 36 months on the Single Disc loan at 9.45%.

What on-road price is the Honda SP160 EMI based on?

Rs. 1,38,179 in Delhi: ex-showroom Rs. 1,18,060, insurance Rs. 10,675, RTO and other charges Rs. 9,444.

What is the difference between EMI in advance and EMI in arrears?

EMI in advance: You pay one EMI instalment in advance to the bank. This amount is deducted from the loan amount disbursed to the dealer. Thus it gets added to the down payment that you are to make. EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees.

Ask or read owner questions on Honda SP160 Q&A

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