Honda has been one of the most sought-after premium segment cars in India. Widely known for their advanced designs and technological innovations, Honda cars are considered to be the best cars for families. In India, Honda has a strong foothold in the automobile industry with a wide product range of hatchback and sedan models consisting of Honda Brio, Honda City, Honda Amaze, Honda Mobilio and Honda CR-V. Being one of the most durable, fuel-efficient and reliable cars available, Honda cars have been a popular choice amongst Indian customers for over 20 years.
Financial assistance is available for all Honda cars at attractive interest rates and flexible tenure options. Honda Finance car loans can be procured at different interest rates and variable down payment amounts depending on the car variant chosen by the customer and also the ex-showroom price.
Generally Honda car dealers fix a particular amount as down payment, which is calculated as 15% of the ex-showroom price and this has to be borne by the borrower.
Honda Finance provides car loans with tenures ranging from 12 months to 60 months.
Honda car owners are also entitled to be part of the ‘Honda Assure’ insurance program that provides comprehensive car insurance coverage with cashless transactions and hassle-free claims.
Honda Finance offers car loans at attractive interest rates ranging from 10% to 15% depending on the type, car variant and the loan amount. The rate of interest is decided based on the prevailing rates at the time of signing of the loan contract.
Honda owners can easily plan their finances and understand how much expenses they would be incurring on a Honda Finance car loan using helpful tools like EMI calculators. The Honda website provides a comprehensive car loan EMI calculator tool for borrowers to get an estimate of their loan repayments inclusive of details like the down payment amount and monthly installment amounts to be paid. The EMI calculator furnishes these details based on the car variant, ex-showroom price, interest rates and the loan tenure selected by the customer.
BankBazaar also provides an efficient car loan EMI calculator tool to give borrowers the complete amortization schedule with respect to their Honda Finance car loans. The car loan EMI calculator is available on the home page of BankBazaar.com and requires minimal inputs like loan tenure, loan amount, processing fees and interest rate to give a detailed forecast of the customer’s repayments. The forecast includes an elaborate account of the monthly installments and interest rates that need to be paid by the borrower during the entire loan tenure.
Honda Finance provides car loans for all its models available in the Indian market.
Hatchback Models -
Sedan Models -
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