Two Wheeler Bike Loan 2024

Loan for Honda Activa 6G

Loan for Honda Activa 6G

Last Updated : Nov. 20, 2020, 11:26 a.m.

Two-wheelers have become a basic necessity for many individuals. It helps people to easily commute from one place to another. Recently, Honda has launched Activa 6G with many advance features and people are choosing it for their day to day use. But there are some individuals who cannot afford Activa 6G due to its high price of approx ₹67000. So the only way out is to take a loan for Honda Activa 6G. Here you can see various financial institutions that grant a loan for bike and scooters. On the other hand, you can easily buy an Activa 6G by taking a loan from the bank. So, let’s explore the interest rate on two-wheeler loan charges by various banking and non-banking financial institutions.

Top 10 Lending Institutions for Honda Activa 6G

You can explore various banks and NBFCs from where you can take a loan for your Activa 6G. You must also go through the interest rate charged by these banks on the loan you borrow.

Name of the Lending Institutions Interest Rate Tenure
State Bank of India 16.05% Onwards 12 Months to 36 Months
HDFC Bank 20.90% Onwards 12 Months to 36 Months
ICICI Bank 10.25% to 27% 12 Months to 36 Months
Axis Bank 10.80% to 28.30% 12 Months to 36 Months
Kotak Mahindra Bank 11.50% Onwards 12 Months to 36 Months
UCO bank 11.70% Onwards 12 Months to 36 Months
Bank of Baroda 11.50% Onwards 12 Months to 36 Months
Bajaj Finance 7.85% Onwards 12 Months to 36 Months
IndusInd Bank 12% to 29% 12 Months to 36 Months
Allahabad Bank 8.40% to 11.65% 12 Months to 36 Months

You can also increase or decrease the tenure of the loan depending upon the relationship with the bank. If you have a good loan history then you can get a bike loan for high repayment tenure. On the other hand, the bank can also negotiate the rate of interest depending upon credit history.

EMI on Loan for Honda Activa 6G

The on-road price of Activa 6G Deluxe is ₹81101 in Delhi including registration, taxes, and insurance. So, if you are financing your scooter fully then you will have to pay the following EMIs.

Principal Amount Interest Rate Tenure EMI Interest Payable
₹81101 12% 2 Years ₹3818 ₹10524
₹81101 15% 2 Years ₹3932 ₹13275
₹81101 20% 2 Years ₹4128 ₹17964
₹81101 12% 3 Years ₹2694 ₹15873
₹81101 15% 3 Years ₹2811 ₹20109
₹81101 20% 3 Years ₹3014 ₹27403

You can easily afford an Activa 6G with the help of a loan. The EMI are also nominal and can be afforded on a monthly basis. So, it the best time to get one scooter for yourself through the two-wheeler loan from the bank.

Variants of Honda Activa 6G

There are two variants of Activa 6G and their prices might differ depending upon the variant. The first variant is Activa 6G STD and the base price is approximately ₹63912. The other variant is Activa 6G DLX and the base price is approximately ₹65412. You will get an LED Headlight in the higher variant and it is the only difference between these two variants.

You can also see the colours in which you can get a Honda Activa 6G scooter:-

  • Black
  • Pearl Spartan Red
  • Pearl Precious White
  • Matte Axis Grey Metallic
  • Glitter Blue Metallic
  • Dazzle Yellow Metallic

Specifications of Activa 6G

Now, you must go through the salient features of this scooter and see how it will be beneficial for you in your day to day life.

Particulars Details
Variants Standard Variant and Deluxe Variant
Engine Cubic Capacity 109.51cc
Fuel Economy (Mileage) 55 km per Litre
Maximum Speed 85 km/hr
Fuel Tank Capacity 5.3 Litres
Starting Kick Start and Self Start
Clock Yes
Emission Type BS6 Engine
Max Power 7.79 PS @ 8000 RPM
Fuel Type Petrol
Gear Transmission Automatic
Braking System Drum Brakes with a Combi-Brake System
Tyre Type Tubeless Tyres
Weight 107 Kgs
Tail Light LED


Well, after exploring the features of this outstanding two-wheeler you must have made your choice. If you don’t have enough funds to buy this scooter then you must take a loan for Activa 6G. There are various banks that will help to finance this two-wheeler fully so that you can enjoy a smooth ride. The rate of interest can be negotiated if you have a good relationship with the lending institution.

Disclaimer:- Information related to the price of two-wheeler depends on city from where you are buying it. Check the on-road price first on the current date before buying the two-wheeler.

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