
Honda SP 160 EMI Calculator
Monthly EMI
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Loan Amount: ₹0
Total Interest Payable: ₹0
Total Amount Payable: ₹0
Final Amount (Down Payment + Total Amount): ₹0
12 Months EMI: ₹0
24 Months EMI: ₹0
36 Months EMI: ₹0
Honda SP 160 On Road Price In Mumbai

Monthly EMI
₹0
Loan Amount: ₹0
Total Interest Payable: ₹0
Total Amount Payable: ₹0
Final Amount (Down Payment + Total Amount): ₹0
12 Months EMI: ₹0
24 Months EMI: ₹0
36 Months EMI: ₹0
Honda SP 160 is available in two variants barred on number of discs: Single Disc & Double Disc. The base variant in Mumbai starts at ₹ 1,22,478 Ex-showroom and top variant can lead to ₹ 1,28,483 Ex-showroom .
Variant | Ex-showroom | On Road Price |
---|---|---|
Single Disc | ₹ 1,22,478 | ₹ 1,49,326 |
Double Disc | ₹ 1,28,483 | ₹1,56,097 |
SP 160 is powered by a 162.71 cc engine which gives it a power of 13.27 bhp @ 7500 rpm and 14.58 Nm @ 5500 rpm. This power is enough to make this bike reach a top of of 110 kmph.
Also Read: TVS Apache RTR 160 EMI Calculator: Down Payment, EMI, Price, Finance, Interest Rate
Getting Honda SP 160 on EMI can be a good idea if you have tight budget. Let’s discuss the EMI and minimum down payment details you needed to pay to finance this bike.
Usually the lenders agrees to finance the 85-90% of the total on road price of bike, while the remaining 10-15% is paid by the customer as down payment. Minimum down payment for a bike can lie between 0-15% depending on your CIBIL score.
For general calculations we took the minimum down payment as 12% and annual interest rate is taken 10%. So, using these calculations we calculated monthly EMIs for Honda SP 160 will be ₹4,240 for 36 months after a minimum down payment ₹17,919.
The interest rate may depend of bank or lender and may range normally from 9.5% to 15%.
Variant | On-Road Price | Down (12%) | Loan Amount | EMI | Total Payable | Interest Paid |
---|---|---|---|---|---|---|
Single Disc | ₹1,49,326 | ₹17,919 | ₹1,31,407 | ₹4,240 | ₹1,70,564 | ₹21,238 |
Double Disc | ₹1,56,097 | ₹18,732 | ₹1,37,365 | ₹4,432 | ₹1,78,298 | ₹22,201 |
Bike (Base Variant) | On-Road | Down P. | EMI |
---|---|---|---|
Bajaj Pulsar NS200 | ₹1,76,237 | ₹21,148 | ₹5,004 |
TVS Apache RTR 160 | ₹1,37,968 | ₹16,556 | ₹3,918 |
Apache RTR 160 4V | ₹1,48,173 | ₹17,781 | ₹4,207 |
Royal Enfield Classic 350 | ₹2,32,276 | ₹27,873 | ₹6,596 |
Honda SP 125 | ₹1,16,650 | ₹13,998 | ₹3,312 |
Specification | Details |
---|---|
Engine | 162.71 cc, 4-Stroke, Single Cylinder, Air-Cooled |
Power | 13.27 bhp @ 7500 rpm |
Torque | 14.58 Nm @ 5500 rpm |
Transmission | 5-Speed Manual |
Mileage | 65 kmpl (ARAI claimed) |
Fuel Tank Capacity | 12 Litres |
Kerb Weight | Single Disc: 139 kg, Double Disc: 141 kg |
Brakes | Front: 276 mm Disc, Rear: 130 mm Drum or 220 mm Disc (variant dependent) |
Suspension | Front: Telescopic Fork, Rear: Monoshock |
Ground Clearance | 177 mm |
Seat Height | 796 mm |
Top Speed | 110 kmph |
Colours | Pearl Spartan Red, Pearl Deep Ground Gray, Matte Axis Gray Metallic, Matte Marvel Blue Metallic, Matte Dark Blue Metallic, Pearl Igneous Black |