What is the on-road price of honda Shine?
honda Shine 125 is a powerful mileage motorcycle. This is why there is a lot of demand for this bike in the market. The price of this honda motorcycle is in the range of Rs 1 lakh. But if a person wants to buy this bike on loan, then he can buy this motorcycle by taking a loan from the bank. The ex-showroom price of honda Shine starts from Rs 83,251 and goes up to Rs 87,251.
How to buy honda Shine on EMI?
The on-road price of honda Shine's drum variant in delhi is around Rs 1 lakh. To buy this bike, you can get a loan of Rs 95,500. According to the interest charged on this loan, you will have to deposit a fixed amount in the bank every month as EMI.
To buy honda Shine, if you take a loan for only one year or 12 months, then you will have to deposit an EMI of Rs 8,700 every month at an interest rate of 9 percent.
To buy honda Shine, you will have to make a down payment of only Rs 5,000.
If you take a loan for two years to buy this honda motorcycle and the bank charges 9 percent interest on this loan, then you will have to deposit an EMI of Rs 4,700 every month.
If you take a loan for three years to buy honda Shine, then you will have to deposit an installment of Rs 3,400 every month for 36 months at an interest rate of 9 percent.
If you take a loan for four years to buy Shine, then you will have to deposit an EMI of Rs 2,700 every month at an interest rate of 9 percent.
It is important to read all the documents carefully before taking a loan for honda Shine. There may be a difference in these figures according to different policies of the bank.
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