How to Buy a Honda Activa on EMI: The Activa is one of the most popular scooters on the market. It's not necessary to make a full payment in one go; this two-wheeler can also be purchased on loan.

How much EMI will have to be paid to buy Activa?

Honda Activa Down Payment and EMI: The Honda Activa is a scooter with high mileage. The standard model of this two-wheeler is priced at ₹74,619 (ex-showroom). The DLX model is priced at ₹84,272 (ex-showroom). The Smart variant of the Activa is priced at ₹87,944 (ex-showroom). The standard and DLX models offer both self- and kick-start options. The Smart variant, on the other hand, only offers the self-start feature.

What do I need to do to buy on EMI?

The Honda Activa DLX has an ex-showroom price of ₹84,272. A loan of ₹75,845 is available to purchase this scooter. You can also make a down payment of ₹9,000. If you make a down payment of more than this amount, your monthly installment will be reduced. Now let's find out how much EMI you will have to pay each month if you make a down payment of only ₹9,000.

• If you buy a Honda Activa with a one-year loan at 9% interest, you'll have to pay an EMI of ₹6,583 per month. This means you'll pay ₹3,720 more in interest each year.
• If you take a loan for two years to buy Activa, then you will have to pay an EMI of Rs 3,439 every month at an interest rate of 9 percent, due to which the interest amount will increase by Rs 7,259 in two years.
• If you take a three-year loan to buy an Activa, you'll have to pay an EMI of ₹2,394 per month at 9% interest. This translates to ₹10,899 in interest over three years.
• If you want an even lower monthly installment, you can take out a loan for four years. This will result in a monthly EMI of ₹1,873 at 9% interest. Over four years, you'll accumulate ₹14,639 in interest on this loan.

While taking a loan to buy a Honda Activa, one should read all the documents carefully, because due to different policies of banks, there may be differences in these figures.