Honda Motorcycle and Scooter India announced a cashback of Rs. 5,000 over the purchase of new Honda SP 125. The cashback offer is applicable only when the finance of the vehicle done from one of Honda's partner banks, which includes ICICI Bank, Bank of Baroda, Standard Chartered, Federal Bank and Yes Bank. Recently, SP 125 has two variants on sale which include a drum brake version which costs Rs. 75,010 and a disc brake version costs Rs. 79,210 as per the ex-showroom price, Delhi. The Honda SP 125 uses a new 125 cc, fuel-injected engine which puts out 10.72 bhp at 7,500 rpm and 10.9 Nm of peak torque at 6,000 rpm. This two-wheeler also have a first in segment silent-start ACG starter motor along with a digital instrument console and ABS. Honda SP 125 was launched about a year ago which is said to be a premium version of the Honda Shine. Talking about the Honda Shine, the company recently revealed that it has sold over 90 lakh units of Shine since its launch 14 years ago. It is said to be the best-selling 125 cc bike in India. Honda Shine also recorded double-digit YOY growth of 26% from 75,144 units in November 2019 to 94,413 units in November 2020. The Shine motorcycle enjoys a market share of 39%, which is almost the highest. Also Read: Apple prepares to launch car with advanced battery technology PSC suggests Franchise Protection Act for auto dealers Honda to raise car prices from January