Honda Livo EMI Calculator

Check the estimated monthly EMI for the Honda Livo bike with the help of our two wheeler loan calculator.
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Honda Livo
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3 mins
28-December-2024
Calculate two-wheeler loan EMIs for Honda Livo
Planning to buy the Honda Livo and wondering how much your monthly EMI will be? Use our two-wheeler loan calculator to easily estimate your EMI and make the financing process simpler.

To calculate your EMI for the Honda Livo, follow these easy steps:

Type ‘Honda Livo’ in the ‘Brand Model Variant’ space to see the available variants.

Choose the specific model you want, such as Livo Drum or Livo Disc.

Enter the down payment, interest rate, and loan tenure (in months) to view the estimated EMIs.

Explore Honda Livo bikes on Bajaj Mall and book your new bike online on EMIs with a two-wheeler loan from Bajaj Finance.

Understanding the two-wheeler loan down payment for Honda Livo

When purchasing a Honda Livo, the down payment is the amount you will pay upfront. The remaining amount can be financed through a two-wheeler loan, which you can repay over time.

For instance, if the on-road price of the Honda Livo is Rs. 95,729 and you make a down payment of Rs. 10,000, the remaining Rs. 85,729 will be financed through the two-wheeler loan. The loan amount and interest rate will then determine your monthly EMI.

Higher down payments will reduce the loan amount and lower your monthly EMIs, while smaller down payments may result in higher EMIs. It is important to choose a down payment that fits your financial situation to ensure a comfortable repayment plan.

Example of down payment and EMI for all variants of Honda Livo

The Honda Livo is available in two main variants: the Livo Drum and the Livo Disc. The Livo Drum features a drum brake setup, while the Livo Disc is equipped with a disc brake for enhanced braking performance. Both variants are designed to offer a smooth and comfortable ride, ideal for daily commuting.

The ex-showroom price for the Honda Livo Drum starts at approximately Rs. 79,651, while the Livo Disc variant is priced around Rs. 83,651. The on-road price of these variants typically varies depending on the location and additional charges such as RTO fees, insurance, and other accessories.

Let us consider an example to understand how the EMI for the Honda Livo Disc can be calculated. Say the on-road price of the Honda Livo is Rs. 95,729. Assuming an interest rate of 10% per annum and a loan tenure of 36 months (or 3 years), this will determine the EMI that you would need to pay each month.

Here is the estimated EMI breakdown:

Honda bike modelAssumed on-road priceDown paymentLoan amountTotal interest payableEMI
Honda LivoRs. 95,729Rs. 10,000Rs. 85,729Rs. 13,855Rs. 2,766


*Prices may vary depending on location.


The EMI amount provided in the above example is an estimate based on assumed loan terms and interest rates. Your actual EMI will depend on your loan eligibility and loan offer.

How to apply for a two-wheeler loan from Bajaj Finance

Booking your Honda Livo with a two wheeler loan is a simple process. Just follow these easy steps:

Click the ‘Book Now’ button on this page to visit Bajaj Mall or use the Bajaj Finserv App to book your bike online.

Select your preferred Honda Livo model.

Choose an EMI plan, check for applicable offers, and confirm your online booking.

A representative from Bajaj Finance will help you with the two-wheeler loan process. The loan approval process is quick and requires minimal documentation. Once this process is complete, you can collect your Honda Livo from the nearest partner showroom.

Honda Livo bike – Overview

The Honda Livo is a popular and fuel-efficient commuter bike, perfect for daily travel. It features a 109.51 cc engine that delivers 6.47 kW of power at 7,500 rpm and 9.30 Nm of torque at 5,500 rpm. This balance of power and efficiency makes it a great choice for city riders.

The Honda Livo is available in two variants: Livo Drum and Livo Disc. The Livo Disc comes with a 240 mm disc brake on the front wheel for better braking performance, while the Livo Drum is more affordable. Both variants are equipped with tubeless tyres, ensuring a smooth and safe ride.

With a 9-litre fuel tank and the PGM-FI fuel system, the Honda Livo offers excellent mileage, making it cost-effective for daily use. Its light weight of 113 kg also makes it easy to handle, especially for new riders.

A Bajaj Finserv Two-wheeler Loan can help you with financing your new Honda bike without any hassles. By using the EMI calculator, you can understand your monthly payments in advance.

Note: Vehicle prices may vary depending on the model and city of purchase. The ex-showroom prices considered for the estimates mentioned above may vary from time to time. The actual loan offer may vary depending on the fulfilment of eligibility criteria for a two-wheeler loan from Bajaj Finance.

Disclaimer

Results generated by the calculator(s) are indicative in nature. The interest rate applied on the loan will depend on the prevailing rates at the time of loan booking. The calculator(s) are not intended to provide its users/ customers with results that are either certified by Bajaj Finance Limited (“BFL”) or are an obligation, assurance, warranty, undertaking or commitment, financial and professional advice by BFL, under any circumstances. The calculator(s) is only a tool that assists the users/ customers arrive at results of various illustrative scenarios generated from data input by the user/ customer. The use of the calculator is entirely at the risk of the user/ customer, BFL is not responsible for any reason, for any errors in any outcome resulting from the use of the calculator.

Frequently asked questions about Honda Livo EMI Calculator

What is the lowest down payment for the Honda Livo?
The minimum down payment required for the Honda Livo depends on the lender's credit policy and your eligibility for a two-wheeler loan. Usually, it is a percentage of the on-road price. Check our two-wheeler loan eligibility requirements.

What will be the interest rate for a two-wheeler loan for the Honda Livo?
The two-wheeler loan interest rate for a Honda Livo bike may vary based on your eligibility and the loan provider.

What will be the EMI for 3 years tenure for the Honda Livo?
The EMI for a 3-year tenure will depend on the loan parameters. For example, if the bike has an on-road price of Rs. 95,729 and a down payment of Rs. 10,000, the EMI would be approximately Rs. 2,766 for a loan tenure of 36 months (3 years) with an interest rate of 10%.

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