Honda
Honda SP 125 on-road price
Ex-showroom from ₹90,636. Estimated on-road in Delhi: ₹1.04 Lakh. Every city, every variant and the EMI, below.
Variant prices
Ex-showroom Delhi list prices from the manufacturer.
| Variant | Ex-showroom | Rough EMI |
|---|---|---|
Drum | ₹90,636 | |
Disc | ₹97,496 |
The gap between the Drum and the Disc is ₹6,860, about 8% of the base price. At under a tenth of the price, the top variant is easy to justify if the extras appeal.
Financed over 36 months, the difference works out to roughly ₹217 a month on the EMI, which is the more useful way to judge it.
Not sure which trim? Read how to read a two-wheeler price list.
On-road price breakdown, Delhi
How ₹90,636 ex-showroom becomes ₹1,04,500 on the road in Delhi.
| Ex-showroom priceDrum variant, Delhi list price | ₹90,636 |
|---|---|
| Road tax (Delhi)8% of ex-showroom, one-time | ₹7,251 |
| Registration and RTO chargesSmart card, HSRP plate, fees | ₹1,100 |
| Third-party insurance (5 years)Mandatory on a new two-wheeler | ₹3,851 |
| Own-damage insurance (1 year)Optional but recommended; varies by insurer | ₹1,630 |
| Estimated on-road price | ₹1,04,500 |
On the road in Delhi, budget about ₹1.04 Lakh for the base variant once 8% Delhi road tax, registration and five-year third-party insurance are added. Dealers often quote higher by bundling accessories, extended warranty and handling charges; all three are negotiable.
On-road price by city
Road tax is the variable: it ranges from 2% to 18% by state, and most states waive it on electric two-wheelers.
| City | Road tax | On-road price |
|---|---|---|
| DelhiDelhi | 8% | ₹1,04,500 |
| MumbaiMaharashtra | 10% | ₹1,06,500 |
| BengaluruKarnataka | 12% | ₹1,08,200 |
| HyderabadTelangana | 12% | ₹1,08,200 |
| ChennaiTamil Nadu | 8% | ₹1,04,600 |
| KolkataWest Bengal | 7.5% | ₹1,04,000 |
| PuneMaharashtra | 10% | ₹1,06,500 |
| AhmedabadGujarat | 6% | ₹1,02,700 |
| JaipurRajasthan | 8% | ₹1,04,500 |
| LucknowUttar Pradesh | 10% | ₹1,06,300 |
Each city page shows the full breakdown and running cost at local fuel prices. Why the numbers differ: on-road price explained.
EMI on the SP 125
EMI calculator
On an estimated on-road price of ₹1,04,500 for the SP 125.
- Monthly EMI
- ₹3,010
- Loan amount
- ₹94,050
- Total interest
- ₹14,310
Indicative only. Lenders add a processing fee (usually 1–3%) and quote rates by credit score; banks are typically cheaper than dealer-tied NBFCs.
Before signing at the dealer, read what two-wheeler loans really cost.
SP 125 price: questions people ask
- What is the price of the Honda SP 125?
- The SP 125 costs between ₹90,636 and ₹97,496 ex-showroom Delhi across 2 variants, as of September 2026. On-road price adds road tax, registration and insurance and varies by state.
- What is the on-road price of the SP 125 in Delhi?
- Roughly ₹1.04 Lakh for the base variant in Delhi: ₹90,636 ex-showroom plus ₹7,251 road tax, ₹1,100 registration and about ₹5,481 insurance. This is an estimate; dealer quotes include handling and accessories.
- What is the EMI for the SP 125?
- With 10% down, a 36-month loan at 9.5% on the base variant comes to about ₹2,870 a month. A shorter tenure raises the EMI but cuts total interest; see the EMI calculator on the price page.
- Which bikes are cheaper than the SP 125?
- Among the 21 commuter bikes we have reviewed, the Splendor Plus (₹75,500), the Shine 125 (₹82,000), the Raider 125 (₹87,000) start lower.
SP 125 from
₹90,636