Honda
Honda Shine 125 on-road price in Panaji
₹1.01 Lakh on-road for the base variant, against ₹82,000 ex-showroom.
On the road in Panaji the base Shine 125 comes to ₹1.01 Lakh: ₹85,332 ex-showroom, ₹9,180 in Goa road tax and registration (10.8%), ₹6,239 for first-year insurance. Dealers add handling and accessory packs on top; both are negotiable.
That is ₹4,242 more than in Delhi (₹96,509), mostly because Goa charges 10.8% in road tax and registration against Delhi's 8.6%.
Elsewhere in Goa the figure is the same to within a few hundred rupees: registration rules are set by the state, so Margao all land at about ₹1.01 Lakh.
With petrol at about ₹96.50 in Panaji and a real-world 54 kmpl, fuel comes to about ₹1.79 per km, or ₹1,394 a month at 30 km a day.
All variants on-road in Panaji
| Variant | Ex-showroom | RTO | Insurance | On-road |
|---|---|---|---|---|
| Drum | ₹85,332 | ₹1,00,751 | ||
| Disc | ₹89,691 | ₹1,07,098 |
Dealer quotes for Panaji via BikeWale, used under licence; last checked 2026-09-06. Extras such as accessory packs and PDI are included where the dealer lists them.
Where the money goes
| Ex-showroom priceDrum variant, Panaji list price | ₹85,332 |
|---|---|
| Road tax and registration (Goa RTO)10.8% of ex-showroom, paid once | ₹9,180 |
| Insurance, first yearOwn-damage cover plus the mandatory five-year third-party premium | ₹6,239 |
| On-road price | ₹1,00,751 |
Rivals on-road in Panaji
Base variants, same RTO, so the ranking is fair.
EMI in Panaji
EMI calculator
On an estimated on-road price of ₹1,00,751 for the Shine 125.
- Monthly EMI
- ₹2,900
- Loan amount
- ₹90,676
- Total interest
- ₹13,724
Indicative only. Lenders add a processing fee (usually 1–3%) and quote rates by credit score; banks are typically cheaper than dealer-tied NBFCs.
Elsewhere in Goa
Same Goa road-tax rule; the small differences are dealer pricing.
Other cities
Every RTO city in India. Type a town and pick from the list.
| City | RTO share | On-road price |
|---|---|---|
| DelhiDelhi | 8.6% | ₹96,509 |
| ChandigarhChandigarh | 9.8% | ₹98,106 |
| AhmedabadGujarat | 5.9% | ₹98,379 |
| BengaluruKarnataka | 17% | ₹1,04,236 |
| MumbaiMaharashtra | 11.6% | ₹1,00,667 |
| Navi MumbaiMaharashtra | 11.6% | ₹1,00,667 |
| PuneMaharashtra | 12.8% | ₹1,02,318 |
| ChennaiTamil Nadu | 13.6% | ₹1,05,025 |
| HyderabadTelangana | 17.2% | ₹1,04,572 |
| KolkataWest Bengal | 14.3% | ₹1,01,686 |
Panaji is one of 189 RTO cities on the Shine 125 price page.
Shine 125 in Panaji: questions people ask
- What is the on-road price of the Shine 125 in Panaji?
- ₹1,00,751 for the base Drum and up to ₹1,07,098 for the Disc, including Goa road tax, registration and first-year insurance. The figures come from Panaji dealer quotes and were last checked in 2026-09. Handling and accessory packs can add a few thousand rupees.
- How much is RTO on the Shine 125 in Goa?
- ₹9,180 on the base variant, which is 10.8% of the ex-showroom price. That covers road tax, registration and the number plate, and is paid once at registration.
- Is the Shine 125 cheaper in Panaji or Delhi?
- Delhi, by about ₹4,242, because Goa road tax is higher. You must register where you live, so this is not a saving you can chase.
Shine 125 from
₹82,000