# Honda SP 125 — Price in India 2026

> Honda SP 125 ex-showroom price: ₹89,406.

Source: https://indianautoforum.com/bikes/honda/sp-125/price

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).

## Variant-wise Ex-showroom Price
| Variant | Price |
|---------|-------|
| SP 125 Drum | ₹ 89,406 |
| SP 125 25-year Anniversary Edition | ₹ 94,406 |
| SP 125 Disc | ₹ 96,267 |

Note: Prices are ex-showroom. On-road price varies by city (RTO charges, insurance, etc.).

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.

## FAQs

**What 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.

**What 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.

**What 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.

**Has 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.

## More
- [Overview](/bikes/honda/sp-125)
- [Variants & Specs](/bikes/honda/sp-125/variants)
- [Full Specifications](/bikes/honda/sp-125/specifications)