Hero Splendor Plus vs Honda Shine 100 vs Bajaj Platina 100: Monthly EMI comparison
If you have been planning to buy a 100 cc motorcycle and these three are on your radar, here is a quick comparison of the monthly EMI they command.
The Hero Splendor Plus, Honda Shine 100, and Bajaj Platina 100 are among India's top 100 cc commuter motorcycles. The 100 cc entry-level commuter motorcycles are known as the base level of the Indian two-wheeler market, highly popular among consumers for their practicality, value-for-money quotient, and affordability. The Hero Splendor Plus leads in reliability and resale value, the Honda Shine 100 offers budget-friendly light handling, and the Bajaj Platina 100 focuses on plush, long-distance ride comfort.
If you have been planning to buy a 100 cc motorcycle and these three are on your radar, here is a quick comparison of the monthly EMI they command.
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Hero Splendor Plus vs Honda Shine 100 vs Bajaj Platina 100: How much monthly EMI to pay
To calculate the monthly EMI for Hero Splendor Plus, Honda Shine 100 and Bajaj Platina 100, we have considered all the variants of these three models. The Hero Splendor Plus is available in three choices: Splendor Plus, Splendor Plus Xtec, and Splendor Plus Xtec 2.0, priced at ₹77,777, ₹81,213, and ₹83,414 (ex-showroom), respectively. The Honda Shine 100 is available in two options: Shine 100 and Shine 100 DX, priced at ₹65,642 and ₹72,146 (ex-showroom), respectively. On the other hand, the Bajaj Platina 100 is priced at ₹72,942 (ex-showroom).
The loan amount has been considered as 100% of the ex-showroom price for each model and their respective variants, while the repayment tenure is considered as 24 months. The rate of interest for the calculation has been considered as 9.5%.
| Hero Splendor Plus vs Honda Shine 100 vs Bajaj Platina 100: Monthly EMI comparison | ||||
|---|---|---|---|---|
| Model & variant | Loan (100% of ex-showroom price) | Interest rate | Repayment tenure | Monthly EMI |
| Hero Splendor Plus | ₹77,777 | 9.5% | 24 months | ₹3,571 |
| Hero Splendor Plus Xtec | ₹81,213 | ₹3,729 | ||
| Hero Splendor Xtec 2.0 | ₹83,414 | ₹3,830 | ||
| Honda Shine 100 | ₹65,642 | ₹3,014 | ||
| Honda Shine 100 DX | ₹72,146 | ₹3,313 | ||
| Bajaj Platina 100 | ₹72,942 | ₹3,349 | ||
According to the calculation, the Hero Splendor Plus commands a monthly EMI between ₹3,571 and ₹3,830, depending on the variants selected. The Honda Shine 100, on the other hand, commands a monthly EMI between ₹3,014 and ₹3,313. The Bajaj Platina commands a monthly EMI of ₹3,349.
However, one must remember that the monthly EMI vary depending on multiple factors, which include the variant selected, amount of down payment, amount of loan taken, interest rate, repayment tenure, etc.
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