Home Bike News BS6 Honda Activa 6G, Shine SP get 50% EMI discount, up to...

BS6 Honda Activa 6G, Shine SP get 50% EMI discount, up to 95% loan amount scheme

Customers can avail of the new Honda Activa 6G and Shine by paying 50 percent EMIs for 3 months

As sales of two and four wheelers are at a record low in view of the coronavirus pandemic in the country, automakers are introducing exciting payment options so as to woo customers back into showrooms

Honda Motorcycle and Scooter India have come up with special schemes on purchase of its new scooters. For this the company has entered into an agreement with IDFC First and HDFC Bank applicable on SBI credit card.

Who can Apply?

The bank will offer the loan to all those who want to buy via outright purchase as well as those seeking loans. For buyers opting for finance from IDFC First and HDFC Bank, the customer will have to pay only half the amount of EMI for the first three months for loan tenure of 36 months. Apart from this, the Bank will offer eligible customers upto 95 percent of the loan amount. Those buyers opting to purchase the bike with a credit card will also gain some benefits.

Cashback

Payment via an SBI credit card, the buyer of any Honda two wheeler, stands to receive 5 percent cash back. This scheme is valid at only some of the company dealers in the country and on offer on all locally made models that include the Honda Activa 6G, Shine, SP125, Livo, CD110 Dream, Activa 125, Dio and Grazia.

Honda Restarts Production

Following the lockdown announced by the Government of India in March 2020, HMSI dealerships resumed operations from May 4th. The company also commenced production at its facilities in Manesar (Haryana), Narsapura (Karnataka), Tapukara (Rajasthan) and Vithalapur (Gujarat). Following reopening, the automaker accelerated launch of four new BS6 models that included the CD 110 Dream, Grazia 125, 2020 Africa Twin and Livo, taking total portfolio to nine models.

With unlock being announced and social distancing as the new norm, the company has also noted increased demand for personal mobility, with two wheelers being the first choice of buyers. Sales in June 2020 stood at 2,10,879 units with 2,02,837 units sold in domestic markets while 8,042 units were exported. This was a fourfold increase in sales as compared to 54,820 units sold in May. Sales in July are expected to be higher than June 2020 sales.

The 6G – What’s New

Honda’s best selling product in India, the Activa 6G is priced at Rs.64,464 for the standard variant and at Rs.65,964 for the Deluxe trim which is around Rs.8,500 over the price of the earlier Activa 5G. It gets feature updates with an LED headlamp and gets powered via a new 109.51cc, single cylinder, fuel injected engine offering 7.79 hp power and 8.79 Nm torque down from 7.97 hp power and 9 Nm offered on its BS4 counterpart.

It gets front telescopic fork and 12 inch front wheel which are its biggest changes over the Activa 5G while braking is via 130mm drum brakes at both ends. Honda Activa 6G competes with TVS Jupiter and Hero Pleasure Plus, and also with Hero Splendor Plus and Hero Passion Pro 110.

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