1/11Tap to zoomHero Splendor Plus
Hero · Motorcycle
Splendor Plus On Road Price in Nashik
₹ 76,249ex-showroom · last updated 2026
- Engine
- 97.2cc
- Power
- 7.91bhp
- Weight
- 112kg
03 / On-Road Price
Hero Splendor Plus On-Road Price in Nashik 2026 - Full Breakdown
The on-road price of Hero Splendor Plus in Nashik, Maharashtra is ₹94,954 for the base variant. Here's exactly how that number breaks down:
Ex-showroom price: ₹76,946 This is the price of the bike itself, before any state taxes or additional charges. It's set by Hero MotoCorp and is broadly consistent across most cities, with minor variations based on dealer location.
Road Tax (RTO): ₹8,464 (11% of ex-showroom) Maharashtra levies a road tax of 11% on two-wheelers at the time of registration. This is a one-time charge paid to the Regional Transport Office (RTO) and is factored into the on-road price. States differ significantly - Maharashtra's rates are among the lower ones, while states like Karnataka and Tamil Nadu apply slightly higher rates.
Insurance: ₹6,044 As mandated by law, all new vehicles must carry third-party insurance at purchase. The TP premium (₹3,851) is set by IRDAI and applies for 5 years on new two-wheelers. Own-damage insurance (₹2,193) is optional but strongly recommended - without it, any damage to your own bike is out of pocket. The combined figure shown here covers a standard 1-year OD + 5-year TP bundle.
Dealer/Handling Charges: ₹3,500 This covers number plate fabrication, delivery inspection, and dealer handling. It's standard across most Hero dealerships.
Total On-Road Price in Nashik: ₹94,954
If you're financing, a 20% down payment on the base variant leaves approximately Rs 61,000 to finance. At 10% per annum over 36 months, the EMI works out to roughly Rs 1,970 per month - making the Hero Splendor Plus one of the most accessible bikes to own in Nashik.
On-Road Price in Nashik
Maharashtra — based on base variant (ex-showroom)
| Ex-Showroom Price | ₹76,946 |
| Road Tax (11%) | ₹8,464 |
| InsuranceThird Party (5yr): ₹3,851 | Own Damage (1yr): ₹2,193 | ₹6,044 |
| Other ChargesHandling, smart card, number plate | ₹3,500 |
| On-Road Price | ₹94,954 |
Maharashtra levies 11% road tax on two-wheelers, calculated on the ex-showroom price. The fee is paid once at the Regional Transport Office (RTO) during registration. Maharashtra has a dense dealer network, and on-road prices are consistent across Mumbai, Pune, Nagpur, and other cities in the state.
| Variant | Ex-Showroom | On-Road (Nashik) |
|---|---|---|
| Splendor Plus Drum Brake - OBD 2B | ₹ 76,946 | ₹94,954 |
| Splendor Plus I3S - Black and Accent Edition - OBD 2B | ₹ 77,982 | ₹96,133 |
| Splendor Plus Drum Brake I3S - OBD 2B | ₹ 78,025 | ₹96,183 |
| Splendor Plus Million Edition | ₹ 79,677 | ₹98,063 |
* On-road prices are indicative. Includes road tax at 11%, 5-year third-party insurance, 1-year own-damage insurance, and other charges. Actual prices may vary by dealer.
To get the best deal in Nashik, visit 2-3 Hero authorised dealerships and ask for their best offer on the Hero Splendor Plus. Dealers typically have flexibility on accessories packages, extended warranty bundles, or waiving part of the handling charges - especially toward month-end when they're chasing sales targets. The on-road price of ₹94,954 shown here is for the base variant; top variants add Rs 2,000-2,500 to the final figure. Always get a written quotation that clearly itemises the ex-showroom price, road tax, insurance, and charges before signing anything. In Maharashtra, the registration and number plate process typically takes 4-6 weeks after delivery.