✓ Interest Rates Starting @ 0.99% p.a. ✓ Up to 100% Financing ✓ Repayment Tenure of up to 5 Years Check Offer

Honda is a popular and trusted two-wheeler brand in India, offering a wide range of bikes. It caters to various types of riders, accommodating different budgets and preferences. Some popular Honda bike models include the CB200X, Hornet 2.0, Unicorn, Shine 100, and more. 

You can finance a Honda bike through a two-wheeler loan, providing easy EMIs, flexible repayment options, and competitive interest rates. To purchase your preferred Honda bike, you need to check the latest interest rates and calculate the total EMI cost using the free calculator.

Popular Honda Bike Prices and Minimum Down Payment

Popular Honda bikes you can purchase on a loan include the CB200X, Hornet 2.0, Unicorn, and more. You can apply for a Honda bike loan with affordable terms and flexible repayment options. To proceed, you need to meet the eligibility criteria and provide the necessary documents. 

Below are some popular options with the down payment amounts.

Honda Bike Models 

Maximum Retail Price (On-road price)

EMI Amount 

Minimum Down Payment

Honda CB200X DX

₹173,444

Starting from ₹2,833 

₹52,033

Honda Hornet 2.0

₹165,317

Starting from ₹2,700 

₹49,595

Honda Unicorn Standard

₹131,078

Starting from ₹2,294 

₹44,408

Honda Livo Disc Variant

₹96,767

Starting from ₹1,693

₹30,029

Honda Shine 100 Standard 

₹95,421

Starting from ₹1,670

₹25,663

Disclaimer: The details provided are based on current expectations and may be subject to change. For the most accurate and up-to-date information, refer to official manufacturer announcements or trusted automotive sources.

Popular Honda Bike Features and Specifications

Honda CB200X DX

This popular Honda bike features a powerful 184.4 cc engine and is equipped with front and rear disc brakes. It offers a mileage of 40 km per litre and comes with tubeless tyres. The bike has alloy wheels and a kerb weight of just 115 kg.

It is also complemented by a digital liquid crystal meter. Additional features include a key on the tank, front fork and raised handlebar, LED lighting, knuckle covers, LED winkers, split seat, and an urban design, ensuring elegant aesthetics and seamless performance. 

Key specifications: 

  • Engine Capacity: 184.4 cc

  • Mileage: 40 kmpl

  • Fuel Tank Capacity: 12 L

  • Kerb Weight: 147 kg

  • Seat Height: 810 mm

Honda Hornet 2.0

This bike offers an additional mileage of 57.3 km and features tubeless tyres with an engine capacity of 184.4 cc. It is well-regarded for its anti-lock braking system and delivers a torque of 16.1 Nm. The bike is available in four colour variants. 

It includes alloy wheels, a Gear Position Indicator, a Battery Voltmeter, and a Service Due Indicator. It combines a powerful design with smooth performance and incorporates sustainable features, making it a well-rounded choice for riders. 

Key specifications: 

  • Engine Capacity: 184.4 cc

  • Mileage: 57.3 kmpl

  • Fuel Tank Capacity: 12 L

  • Kerb Weight: 142 kg

  • Seat Length: 590 mm

Honda Unicorn Standard

This bike is renowned for its affordability, quality, style, and comfort. It features a powerful 162.7 cc engine and delivers an impressive mileage of 60 km per litre. Equipped with tubeless tyres and a disc brake system, it also includes an anti-lock braking system, ensuring enhanced safety. 

The bike has a kerb weight of just 139 kg. Additional features include halogen headlights, a low fuel indicator, a three-year warranty, and a top speed of 106 kmph. 

Key specifications: 

  • Engine Capacity: 162.71 cc

  • Mileage: 60 kmpl

  • Fuel Tank Capacity: 13 L

  • Kerb Weight: 139 kg

  • Seat Height: 715 mm

Honda Shine 100 Standard 

This model is available in four colour options and offers an impressive mileage of 65 km per litre. It features a 98.9 cc engine and tube tyres, along with a combined braking system and under-seat storage. 

The model also includes bulb headlights, a 3-year warranty, a low fuel indicator, and a single seat type. With a lightweight frame of just 99 kg, it has a fuel tank capacity of 9 litres, ensuring a balance of performance and convenience.

Key specifications: 

  • Engine Capacity: 98.98 cc

  • Mileage: 65 kmpl

  • Fuel Tank Capacity: 9 L

  • Kerb Weight: 99 kg

  • Seat Height: 786 mm

Honda Livo

This model is known for its 110 cc engine and delivers a mileage of 60 km per litre. It features tubeless tyres, a pass switch, a halogen headlight, and a top speed of 85 km per hour. The low fuel indicator ensures timely refuelling. 

Honda Livo comes with a 3-year warranty. Weighing 113 kg, it has a fuel tank capacity of 9 litres. The seat height is 790 mm, and it is equipped with 4 gears, along with both self-start and kick-start systems. 

Key specifications: 

  • Engine Capacity: 109.51 cc

  • Mileage: 60 kmpl

  • Fuel Tank Capacity: 9 L

  • Kerb Weight: 113 kg

  • Seat Height: 790 mm

Get the Best Two-Wheeler Loan for Your Honda Bike

You can purchase your preferred Honda bike through a two-wheeler loan. To finance a Honda bike, you can apply for a two-wheeler loan from Bajaj Markets. Several partners offer loans, allowing you to choose one that matches your preferred interest rate and loan amount. 

Bajaj Markets provides loan amounts of up to 100% of the bike’s value, with Honda bike finance interest rates starting from 0.99% p.a. onwards. There is no down payment requirement, and the entire documentation process is conducted online.

Latest Interest Rates of Lending Partners for Honda Bike Loan

With Bajaj Markets, you can get a two-wheeler Honda bike loan at interest rates starting from 0.99% per annum, covering up to 100% of the bike’s value.

Partner 

Minimum Interest Rate 

Maximum Loan Tenure 

Maximum Loan Amount 

Bajaj Auto Credit Limited

6.65% p.a.

60 months

Up to 98% of the bike's value

L&T Finance

6.99% p.a.

48 months

Up to 100% of the bike's value

Muthoot Capital Services

0.99% p.a.

48 months

₹3 Lakhs

Disclaimer: The above-mentioned interest rates are subject to change as per changes in the lenders’ policies.

Honda Bike Loan EMI Calculator

Use the Honda Bike Loan EMI Calculator to estimate your monthly instalments based on the loan amount, tenure, and interest rate. This tool helps you plan repayments efficiently before applying for a loan.

EMI Calculation Example

Assuming that your preferred Honda bike price is ₹1,95,660. As per the interest rate of 0.99% and a tenure of 60 months, the total loan EMI details will be:

  • Principal Loan Amount: ₹195,660

  • Loan Tenure: 60 months

  • Rate of Interest: 0.99%

  • Monthly Two-Wheeler Loan EMI: ₹3,343.72

  • Principal Amount: ₹1,95,660

  • Total Interest: ₹4,508.72

  • Total Payable Amount: ₹2,00,623.22

Disclaimer: The above-mentioned figures are for illustrative purposes only. Check the correct EMI calculation with the Loan EMI calculator.

Features and Benefits of Two-Wheeler Finance for Your Honda Bike

Some popular features of applying for Honda two-wheeler finance on Bajaj Markets include a high LTV ratio, low foreclosure charges, and easy repayment options. 

High Loan-to-Value Ratio

Making an upfront payment, you can access a high LTV ratio, which can go up to 100%. This covers the RTO registration cost, insurance, road tax, and more.

Low Interest Rates

With competitive interest rates starting at 0.99% per annum, you can explore offers from various partners.

Easy Loan Foreclosure

 You have the option to foreclose the loan or make part-prepayments. Foreclosure charges are nominal at 4%, applicable if the loan is closed before the 12th EMI.

Pre-approved Loan Offers

Multiple lenders provide pre-approved offers, enabling you to select one that suits your needs with competitive interest rates and flexible repayment tenures.

Flexible Repayment Options

You can choose a tenure of up to 5 years. This makes owning your preferred Honda bike more manageable.

Eligibility and Documents Required for Honda Bike Finance

To apply for a Honda two-wheeler loan on Bajaj Markets, you must qualify some eligibility criteria. Along with this, you must provide some documents for salary proof, identity proof, and address proof. 

Eligibility requirements 

  • Age: You must be 18-70 years old

  • Citizenship: You must be an Indian resident 

  • CIBIL Score: You must have a good CIBIL score

  • Experience: If you are salaried, you must have at least 1 year of job experience 

  • ITR: If you are self-employed, you must have ITR from the past 2 years

Documents required 

  • Identity Proof: Voter ID, Passport, PAN card, Driving Licence

  • Income Proof: ITR statements, bank statements, salary slips, Audited Financial Statements

  • Address Proof: Utility bills, passport, or any other government-issued document

Steps to Apply for a Honda Bike Loan

To apply for a two-wheeler loan through Bajaj Markets, you need to visit the official website and complete the application process. Follow these steps:

  1. Click on the 'CHECK OFFER' button

  2. Provide your mobile number, PIN code, and select 'Two Wheeler' under the 'Loan for' section

  3. Agree to the terms and conditions, then press 'Proceed’

  4. Pick the loan offer that suits your needs and finish the verification steps

  5. After approval, the sanction letter will be sent to you

Frequently Asked Questions

What is the interest rate for a Honda bike finance?

The interest rate for Honda bike finance ranges from 0.99% to 7% p.a. through Bajaj Markets and its partner lenders.

Can I get 100% financing on a Honda bike's price?

Yes, Bajaj Markets offers up to 100% financing on a Honda bike's price with its two-wheeler loan.

What is the minimum CIBIL score required for a Honda bike finance?

A good CIBIL score is generally required for Honda bike finance through Bajaj Markets. The exact requirement may vary based on the issuer’s criteria.

How long does it take to get a Honda two-wheeler loan approved?

The loan processing time varies depending on the lender you choose, but it typically takes around 3 to 4 business days.

Can I prepay my Honda bike loan?

Yes, part-prepayment or complete repayment for a Honda bike loan can be made with minimal foreclosure charges.

Is there a prepayment or foreclosure charge on a Honda bike loan?

Yes, Bajaj Markets permits loan foreclosure ahead of maturity for a nominal fee of up to 4%. This charge applies only when prepayment is made before the 12th EMI.

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