Honda Activa has been the bestselling scooter range in India for a long time. This scooter is so popular that it toppled Hero Splendor multiple times to be the bestselling two-wheeler in the country. Also, it has been playing a crucial role in keeping Honda at the second position in the Indian two-wheeler sales chart for a long time.
The Honda Activa range of scooters currently consists of two ICE-powered models: Activa 6G and Activa 125, while there is an electric variant christened as Activa e:. The Honda Activa 125, which is the top-end ICE-powered model in the Activa range, has two variants: DLX and H-Smart. The H-Smart is the higher trim, priced at ₹94,096 (ex-showroom).
If you have been planning to buy the Honda Activa 125 and are wondering about your possible monthly EMI amount, here is a quick and comprehensive explainer.
The monthly EMI calculation for the Honda Activa 125 has been done, keeping the factors like 100% ex-showroom price as the loan amount, 9% rate of interest, repayment tenures of 12 months and 24 months into consideration. The monthly EMI for 12 months would be ₹8,229, while the total interest payable would be ₹4,650. In the case of a 24-month repayment tenure, the monthly EMI would be ₹4,299, while the total interest payable would be ₹9,074. However, one thing must be remembered by the buyers that the EMI amount may vary, depending on multiple factors. These factors include the amount of loan being taken, the rate of interest, and the repayment tenure.
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