By Admin 
Honda Shine is known for the best mileage in the Indian market. Along with this, this bike is also known for affordable prices. Honda had increased the price of this popular bike by Rs 1,994 last month. The reason for this price hike is a new update in the bike. The latest OBD-2B norms have been brought in this motorcycle.
What is the new price of Honda Shine?
Honda Shine’s two variants are included in the drum and disc market. The price of the drum variant of this bike was increased by Rs 1,242, due to which the price of this model has now increased to Rs 84,493. The price of its disk variants has increased by Rs 1,994, due to which the ex-showroom price of this variant has reached Rs 89,245.
How many EMI will this bike get?
Honda Shine’s disc – OBD 2B version on -road price in Delhi is Rs 1,04,195. To buy this Honda bike, you can get a loan of about 99 thousand rupees. At the same time, the loan amount from the bank depends on your credit score. The bank imposes some percent interest on this loan, according to which you will have to deposit a certain amount every month as EMI.
For how many years EMI will have to deposit?
To buy this updated model of Honda Shine, you have to deposit Rs 5,210 as down payment. If you buy Honda Shine on a two -year loan and the bank imposes 9 percent interest on this loan, then you will have to deposit Rs 4,900 as EMI for 24 months.
If a loan is taken for three years to buy Honda Shine, then you will have to pay a installment of Rs 3,500 every month with 9 percent interest. To buy this Motorcycle of Honda, a loan is taken for four years, then Rs 2,800 will have to be deposited in the bank every month for 48 months from 9 per cent interest.
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