New Delhi: Honda Activa is the best-selling scooter in the Indian market, known for its reliability and efficiency. It is available in three variants: Standard, DLX, and H-Smart. The ex-showroom prices for these models are ₹78,684, ₹81,184, and ₹84,685, respectively. If you are planning to buy a Honda Activa, you can opt for a bank loan and pay in easy EMIs.
How Much EMI for Honda Activa?
The on-road price of the Honda Activa Standard model is around ₹94,000. Buyers can avail a loan of up to ₹89,000 from banks, which will charge interest based on their policies. The EMI amount depends on the loan tenure and interest rate.
Honda Activa Down Payment & EMI Breakdown
To purchase the Honda Activa, you need to make a minimum down payment of ₹5,000. The EMI structure varies depending on the loan tenure and interest rate:
- 1-Year Loan (9% Interest Rate): If you opt for a one-year loan, you will have to pay an EMI of ₹8,100 per month.
- 2-Year Loan (9% Interest Rate): Choosing a two-year loan will reduce the EMI to ₹4,400 per month.
- 3-Year Loan (9% Interest Rate): A three-year loan will require an EMI payment of ₹3,150 per month.
- 4-Year Loan (9% Interest Rate): If you opt for a four-year loan, your monthly EMI will be just ₹2,500.
Things to Keep in Mind Before Taking a Loan
Before applying for a loan, it is essential to check all the terms and conditions set by the bank. Loan policies may differ across banks, leading to variations in the EMI and interest rates. Always read the loan documents carefully to avoid any hidden charges.
With flexible loan options and a minimal down payment, buying a Honda Activa has never been easier. Whether you prefer a short-term or long-term loan, you can own this popular scooter without financial stress. Compare different bank offers to get the best deal and ride home your new Honda Activa today