Honda
Honda SP160 on-road price in Panaji
₹1.43 Lakh on-road for the base variant, against ₹1.18 Lakh ex-showroom.
On the road in Panaji the base SP160 comes to ₹1.43 Lakh: ₹1,17,492 ex-showroom, ₹12,074 in Goa road tax and registration (10.3%), ₹13,190 for first-year insurance. Dealers add handling and accessory packs on top; both are negotiable.
That is ₹4,061 more than in Delhi (₹1,38,695), mostly because Goa charges 10.3% in road tax and registration against Delhi's 8.5%.
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 ₹1.43 Lakh.
With petrol at about ₹96.50 in Panaji and a real-world 49.5 kmpl, fuel comes to about ₹1.95 per km, or ₹1,521 a month at 30 km a day.
All variants on-road in Panaji
| Variant | Ex-showroom | RTO | Insurance | On-road |
|---|---|---|---|---|
| Single Disc | ₹1,17,492 | ₹1,42,756 | ||
| Double Disc | ₹1,23,002 | ₹1,48,458 |
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 priceSingle Disc variant, Panaji list price | ₹1,17,492 |
|---|---|
| Road tax and registration (Goa RTO)10.3% of ex-showroom, paid once | ₹12,074 |
| Insurance, first yearOwn-damage cover plus the mandatory five-year third-party premium | ₹13,190 |
| On-road price | ₹1,42,756 |
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 ₹1,42,756 for the SP160.
- Monthly EMI
- ₹4,120
- Loan amount
- ₹1,28,480
- Total interest
- ₹19,840
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 | 8.5% | ₹1,38,695 |
| ChandigarhChandigarh | 11.3% | ₹1,44,129 |
| AhmedabadGujarat | 5.7% | ₹1,40,514 |
| BengaluruKarnataka | 22.6% | ₹1,54,296 |
| MumbaiMaharashtra | 11.5% | ₹1,43,275 |
| Navi MumbaiMaharashtra | 11.5% | ₹1,43,275 |
| PuneMaharashtra | 12.3% | ₹1,44,307 |
| ChennaiTamil Nadu | 14.6% | ₹1,48,135 |
| HyderabadTelangana | 18.8% | ₹1,51,818 |
| KolkataWest Bengal | 13.7% | ₹1,45,537 |
Panaji is one of 189 RTO cities on the SP160 price page.
SP160 in Panaji: questions people ask
- What is the on-road price of the SP160 in Panaji?
- ₹1,42,756 for the base Single Disc and up to ₹1,48,458 for the Double 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 SP160 in Goa?
- ₹12,074 on the base variant, which is 10.3% of the ex-showroom price. That covers road tax, registration and the number plate, and is paid once at registration.
- Is the SP160 cheaper in Panaji or Delhi?
- Delhi, by about ₹4,061, because Goa road tax is higher. You must register where you live, so this is not a saving you can chase.
SP160 from
₹1.18 Lakh