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Honda SP 125

Honda · Motorcycle

SP 125 Ex-Showroom Price

₹ 89,406ex-showroom · last updated 2026

Engine
123.94cc
Power
10.72bhp
Weight
116kg
EMI starting from ₹5,000/month · subject to bank approval

03 / Price

Honda SP 125 Price in India: Ex-Showroom, On-Road & City-Wise Breakdown

The Honda SP 125 is priced at Rs 88,528 (STD Drum), Rs 94,219 (Anniversary Edition), and Rs 96,116 (DLX Disc) ex-showroom across most Indian cities. Prices vary slightly by state depending on local road tax slabs.

Ex-showroom prices by city (STD variant):

  • Delhi: Rs 88,528
  • Mumbai: Rs 86,467
  • Bangalore: Rs 89,804
  • Chennai: Rs 89,500

The on-road price adds road tax (RTO), insurance, and dealer/handling charges to the ex-showroom figure. In Delhi, expect to pay roughly Rs 1,02,000 - Rs 1,05,000 on-road for the STD variant and around Rs 1,12,000 - Rs 1,15,000 for the DLX. In Bangalore, on-road prices are higher due to Karnataka's road tax structure, typically running Rs 1,05,000 - Rs 1,10,000 for the base variant.

EMI example (DLX, Rs 96,116 ex-showroom): With a 20% down payment (Rs 19,223) and a loan of Rs 76,893 at 8.5% interest over 36 months, your EMI works out to approximately Rs 2,420 per month - making the DLX accessible for most salaried buyers.

Insurance: Honda offers bundled insurance at the time of purchase. A typical first-year policy (third-party + own damage) for the SP 125 costs Rs 8,000 - Rs 11,000 depending on the variant and insurer. After the first year, third-party insurance alone is mandatory and costs around Rs 714 per year (IRDAI-regulated).

VariantEx-Showroom Price
SP 125 Drum₹ 89,406
SP 125 25-year Anniversary Edition₹ 94,406
SP 125 Disc₹ 96,267

* Average ex-showroom prices. Select a city above to see the full on-road price including RTO, insurance, and other charges.

Honda periodically offers exchange bonuses, corporate discounts, and festive season offers that can reduce the effective on-road price by Rs 2,000 - Rs 5,000. It is worth asking your dealer about current offers before paying full price. Some dealers may also offer accessories (mudguard extender, seat cover, tank bag) as part of a deal instead of direct cash discounts. The SP 125's strong resale value - typically 65-70% of ex-showroom after three years - is also worth factoring into the total cost of ownership.

Frequently Asked Questions

QWhat is the on-road price of the Honda SP 125 in Delhi?
The Honda SP 125 STD on-road price in Delhi is approximately Rs 1,02,000 - Rs 1,03,000, adding road tax (~Rs 8,853 at ~10%), first-year insurance (~Rs 9,000 - Rs 10,000), and dealer charges of Rs 3,500 to the ex-showroom price of Rs 88,528. The DLX Disc works out to around Rs 1,12,000 - Rs 1,14,000 on-road in Delhi.
QWhat are the RTO and insurance charges for the Honda SP 125?
Road tax varies by state - typically 8-13% of ex-showroom. On the base STD at Rs 88,528, this is roughly Rs 7,082 - Rs 11,509. First-year insurance (third-party + own damage) costs Rs 8,000 - Rs 11,000; from the second year, mandatory third-party cover alone is Rs 714/year as per IRDAI regulations.
QWhat is the EMI for the Honda SP 125 base variant?
For the SP 125 STD at Rs 88,528 ex-showroom, with a 20% down payment of Rs 17,706 and a Rs 70,822 loan at 8.5% for 36 months, the monthly EMI is approximately Rs 2,230. Opting for a 24-month term raises the EMI to around Rs 3,200 per month.
QHas the price of Honda SP 125 changed recently?
Yes. The base price rose from Rs 72,900 at its 2020 BS6 launch to Rs 88,528 in 2026 - an increase of Rs 15,628 driven by OBD-2B compliance, commodity inflation, and feature additions. The last revision came with the 2025 update. No further increase is currently announced.