Honda SP1601/8Tap to zoom

Honda SP160

Honda · Motorcycle

SP160 On Road Price in Chennai

₹ 1,16,270ex-showroom · last updated 2026

Engine
162.71cc
Power
13.27bhp
Weight
138kg
EMI starting from ₹5,000/month · subject to bank approval

03 / On-Road Price

Honda SP160 On-Road Price in Chennai - Full Breakdown 2026

The on-road price of Honda SP160 in Chennai, Tamil Nadu is ₹1,39,751. This is the total amount you'll pay at the showroom to ride the bike home, and it covers four components beyond the manufacturer's ex-showroom sticker.

Ex-showroom price: ₹1,16,270. This is Honda's base price before state-level charges are added. It's consistent across all authorised Honda dealers in Tamil Nadu, though dealers may occasionally offer small extras like accessories discounts or first-service coupons.

Road Tax (RTO): ₹9,302 at 8% of ex-showroom. This one-time lifetime tax is levied by the Tamil Nadu government and paid at registration. The rate varies significantly by state - Tamil Nadu's 8% for a 162.71 cc motorcycle is typical for the region. This amount goes directly to the Tamil Nadu RTO and is non-negotiable regardless of the dealer.

Insurance: ₹10,679 covering both third-party (₹7,365) and own-damage (₹3,314) cover. Third-party insurance is mandatory under Indian law - you cannot register or ride the Honda SP160 without it. Own-damage cover is optional but strongly recommended given the cost of accident repairs on a modern bike with TFT displays and LED lighting. The SP160's insurance premium is in line with the 160cc segment.

Dealer / Handling charges: ₹3,500. This covers pre-delivery inspection, number plate fabrication, temporary registration, and documentation. It's a standard charge that can occasionally be negotiated if you're purchasing accessories alongside the bike.

Total on-road price in Chennai: ₹1,39,751.

For EMI buyers in Chennai: financing 80% of the on-road price over 36 months at approximately 9.5% interest gives a monthly EMI of roughly Rs 2,900-3,300 per month depending on your lender. Honda's authorised finance partners - HDFC, Bajaj Finserv, and Honda Financial Services - are all available at Wing World and BigWing dealerships across Chennai.

On-Road Price in Chennai

Tamil Nadu — based on base variant (ex-showroom)

Ex-Showroom Price₹1,16,270
Road Tax (8%)₹9,302
InsuranceThird Party (5yr): ₹7,365 | Own Damage (1yr): ₹3,314₹10,679
Other ChargesHandling, smart card, number plate₹3,500
On-Road Price₹1,39,751

Tamil Nadu levies 8% road tax on two-wheelers, applied to the ex-showroom price. The state has one of the more competitive road tax rates in South India. Registration is handled at the local RTO, and prices are consistent across Chennai, Coimbatore, Madurai, and other cities.

VariantEx-ShowroomOn-Road (Chennai)
SP160 Single Disc₹ 1,16,270₹1,39,751
SP160 Double Disc₹ 1,21,780₹1,45,858

* On-road prices are indicative. Includes road tax at 8%, 5-year third-party insurance, 1-year own-damage insurance, and other charges. Actual prices may vary by dealer.

When finalising your purchase in Chennai, visit at least two authorised Honda dealers before committing. Ex-showroom prices are fixed, but dealers vary on what they bundle - some include a free first service, an accessories kit, or an extended warranty. The on-road price of ₹1,39,751 is your baseline; anything added beyond that should be specifically chosen by you. For insurance, getting a quote from HDFC Ergo or Bajaj Allianz independently before visiting the showroom often saves Rs 500-1,500 compared to the dealer's default bundled insurer. Don't let a dealer rush you into a same-day booking without confirming the full on-road breakup in writing.

Frequently Asked Questions

QWhat is the on-road price of the Honda SP160 in Chennai?
The on-road price of Honda SP160 in Chennai, Tamil Nadu is ₹1,39,751. This includes an ex-showroom price of ₹1,16,270, road tax of ₹9,302 (8% in Tamil Nadu), total insurance of ₹10,679, and dealer handling charges of ₹3,500.
QWhat is the road tax for the Honda SP160 in Tamil Nadu?
In Tamil Nadu, the road tax for the Honda SP160 is ₹9,302, calculated at 8% of the ex-showroom price of ₹1,16,270. This is a one-time lifetime tax paid at vehicle registration - the rate is set by the Tamil Nadu government and is identical across all Honda dealerships in Tamil Nadu.
QWhat is the monthly EMI for the Honda SP160 in Chennai?
At an on-road price of ₹1,39,751 in Chennai, financing 80% over 36 months at approximately 9.5% interest gives a monthly EMI of roughly Rs 2,900-3,300. A 20% down payment on ₹1,39,751 comes to approximately Rs 27,000. Compare rates from HDFC, Bajaj Finserv, and Honda Financial Services before committing.
QWhat does insurance cost for the Honda SP160 in Chennai?
Insurance for the Honda SP160 in Chennai totals approximately ₹10,679, covering mandatory third-party insurance (₹7,365) and optional own-damage cover (₹3,314). Getting quotes from HDFC Ergo or Bajaj Allianz independently before your dealership visit often saves Rs 500-1,500 versus the dealer's default bundled insurer.

On-Road Price in Other Cities

CityOn-Road Price (from)
Bangalore₹1,45,564
Mumbai₹1,43,239
Jaipur₹1,42,076
Gurgaon₹1,42,076