Hero Splendor Bike Loan: How much will EMI be every month after 10 thousand down payment

Last updated:March 16, 2025, 18:30 IST

The initial price of Hero Splendor is 76 thousand rupees and it can be purchased on 10 thousand rupees down payment. The new model has an update of front disc brakes. EMI will be Rs 2600 per month.

Splendor is India’s best -selling bike.

New Delhi. Hero’s bikes are known for their credibility in India, and the company makes bikes for people of every class. Hero Splendor, which is one of their most affordable bikes, is quite popular among the middle class. The initial price of this bike is 76 thousand rupees, but you can bring it home by giving it only 10 thousand rupees.

Many people want to buy a bike on low down payment, and Hero Splendor can be booked for just 10 thousand rupees. After a down payment of 10 thousand rupees, the remaining amount can be paid in EMI. Hero Splendor’s on-road price is Rs 88,579 (Rs 76 thousand ex-showroom price, Rs 6,104 RTO and Rs 6,169 including road tax).

If you pay 10 thousand rupees down payment, then you will have to take a loan of Rs 78,579. EMI will be around 2600 rupees per month for three years at an interest rate of 10.5% annually. Therefore, if you are planning to buy a hero splendor, make sure that your monthly income is at least 20-25 thousand rupees so that you can easily pay EMI.

The company has recently updated this bike. Recently, this bike has been seen in a dealership yard, whose pictures are going viral on social media. Interestingly, the bike is seen completely without covered, which has revealed its new updates. The biggest change is of disc brake in the front.

The current Splendor Plus comes in four variants and drum brakes are available in all. The leaked photos show that the updated model will have disc brakes and back drum brakes. However, it is not clear whether this feature will be available in all variants or will be limited only to the top variants. If we talk about the price, the initial ex-showroom price of the current Splendor Plus is Rs 77,176. The price is expected to increase a slight price with new updates.