Buy a Honda Activa with Rs 10,000 Down Payment and a Low EMI
Pune, 22nd July 2024: Honda, a leading two-wheeler manufacturer, is offering an attractive financing option for its popular Activa scooter. Customers can now bring home the base variant STD with a down payment of just ₹10,000. Activa is one of the best-selling scooters in the Indian market, and this financing option makes it even more accessible. Read on to learn about the pricing details, EMI calculations, and the total cost of ownership for the Honda Activa.
Honda offers the Activa scooter at an ex-showroom price of ₹76,684 in the Indian market. When purchased in Delhi, additional costs include ₹7,635 for RTO registration and approximately ₹6,129 for insurance. Consequently, the on-road price of the Honda Activa STD comes to around ₹90,488.
If you choose to buy the base variant of this scooter, the bank will finance the ex-showroom price. After making a down payment of ₹10,000, you will need to finance around ₹80,488 from the bank. If the bank provides a loan of ₹80,488 at an interest rate of 10.5% for three years, your EMI will be ₹2,616 per month for the next three years.
Taking a two-wheeler loan of ₹80,488 at an interest rate of 10.5% for three years means your monthly EMI will be ₹2,616 for three years. Over this period, you will pay approximately ₹13,690 as interest for the Honda Activa STD variant. Therefore, the total cost of your scooter, including ex-showroom price, on-road price, and interest, will be around ₹1,04,178.
This financing option provides a feasible way for customers to own a Honda Activa without a substantial upfront payment. With its reliable performance and affordability, the Activa continues to be a favored choice among Indian consumers. The new financing scheme makes it even more attractive, allowing more people to enjoy the benefits of this popular scooter.
