Honda, a leading two-wheeler manufacturer in India, offers a range of bikes and scooters that have gained immense popularity in the market. Among its scooter lineup, the Honda Activa stands out as the company's top-selling model. With its increasing demand, the company has now introduced finance options for customers to purchase the Honda Activa.
Finance Details
The ex-showroom price of the Honda Activa is approximately ₹76,684, while the on-road price is around ₹90,488. If you opt for financing the Honda Activa STD variant, you can avail a loan of around ₹80,000 from the bank. However, you will need to pay a down payment of ₹10,000. The bank will charge an interest rate of 10.5% on the loan, and you will need to pay an EMI of ₹2,616 per month for three years. The bank offers a loan tenure of three years, which can be extended up to five years.
Total Cost and Interest
Over the three-year loan period, you will end up paying around ₹13,690 as interest to the bank. This brings the total cost of owning the Honda Activa to around ₹1,04,178.
Engine and Features
The Honda Activa is powered by a 109.51cc engine that produces 7.79PS of power and 8.84Nm of torque. According to the company, the scooter offers a mileage of up to 50kmpl. It features drum brakes and has a kerb weight of 109kg. The scooter also comes equipped with an analog speedometer, odometer, passenger footrest, ESP technology, and shutter lock. Additionally, it has a large 5.3-liter fuel tank.
Competition
The Honda Activa competes directly with other popular scooters in the market, such as the TVS Jupiter and Suzuki Access 125. The Honda Activa is a reliable and efficient scooter that has gained immense popularity in India. With the introduction of finance options, it has become even more accessible to customers. If you are planning to purchase a scooter, the Honda Activa is definitely worth considering.
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