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Honda Elevate EMI calculator

Nordic Forest Pearl with Crystal Black Pearl Roof

Calculate the Honda Elevate EMI on the on-road price, not the ex-showroom price: on-road is the full amount you actually pay, and the amount a loan has to cover.

EMIs start from about ₹22,250 a month, for the SV Petrol MT at ₹13.24 lakh on the road in Delhi.

At 9.5% a year over 5 years with 20% down. Every variant's figure is below, and each one moves with your own rate, tenure and down payment.

Which price are you putting in?
On-road price₹13.24L

This starts on the full on-road price in Delhi, with road tax, registration and insurance included. Drag it to the variant you want.

Down payment₹2,64,828 (20%)
Tenure5 years
Interest rate assumption9.5%

Rates differ by lender and credit record. Drag this to the rate your bank actually quotes you.

Monthly EMIabout ₹22,250
Amount financed
₹10,59,312
Interest over 5 years
₹2,75,688
Total paid, down payment included
₹15,99,828
Year-by-year scheduleHow each year's payments split between interest and the loan
YearLoan repaidInterestStill owed
2026₹27,832₹16,662₹10,31,480
Nov 2026₹13,861₹8,386₹10,45,451
Dec 2026₹13,971₹8,276₹10,31,480
2027₹1,76,536₹90,437₹8,54,945
Jan 2027₹14,082₹8,166₹10,17,398
Feb 2027₹14,193₹8,054₹10,03,205
Mar 2027₹14,305₹7,942₹9,88,899
Apr 2027₹14,419₹7,829₹9,74,481
May 2027₹14,533₹7,715₹9,59,948
Jun 2027₹14,648₹7,600₹9,45,300
Jul 2027₹14,764₹7,484₹9,30,536
Aug 2027₹14,881₹7,367₹9,15,655
Sept 2027₹14,999₹7,249₹9,00,657
Oct 2027₹15,117₹7,130₹8,85,539
Nov 2027₹15,237₹7,011₹8,70,302
Dec 2027₹15,358₹6,890₹8,54,945
2028₹1,94,056₹72,914₹6,60,889
Jan 2028₹15,479₹6,768₹8,39,465
Feb 2028₹15,602₹6,646₹8,23,864
Mar 2028₹15,725₹6,522₹8,08,138
Apr 2028₹15,850₹6,398₹7,92,289
May 2028₹15,975₹6,272₹7,76,313
Jun 2028₹16,102₹6,146₹7,60,212
Jul 2028₹16,229₹6,018₹7,43,982
Aug 2028₹16,358₹5,890₹7,27,625
Sept 2028₹16,487₹5,760₹7,11,138
Oct 2028₹16,618₹5,630₹6,94,520
Nov 2028₹16,749₹5,498₹6,77,771
Dec 2028₹16,882₹5,366₹6,60,889
2029₹2,13,315₹53,656₹4,47,574
Jan 2029₹17,015₹5,232₹6,43,873
Feb 2029₹17,150₹5,097₹6,26,723
Mar 2029₹17,286₹4,962₹6,09,437
Apr 2029₹17,423₹4,825₹5,92,014
May 2029₹17,561₹4,687₹5,74,454
Jun 2029₹17,700₹4,548₹5,56,754
Jul 2029₹17,840₹4,408₹5,38,914
Aug 2029₹17,981₹4,266₹5,20,933
Sept 2029₹18,123₹4,124₹5,02,809
Oct 2029₹18,267₹3,981₹4,84,543
Nov 2029₹18,412₹3,836₹4,66,131
Dec 2029₹18,557₹3,690₹4,47,574
2030₹2,34,486₹32,484₹2,13,087
Jan 2030₹18,704₹3,543₹4,28,869
Feb 2030₹18,852₹3,395₹4,10,017
Mar 2030₹19,002₹3,246₹3,91,016
Apr 2030₹19,152₹3,096₹3,71,864
May 2030₹19,304₹2,944₹3,52,560
Jun 2030₹19,456₹2,791₹3,33,104
Jul 2030₹19,610₹2,637₹3,13,493
Aug 2030₹19,766₹2,482₹2,93,727
Sept 2030₹19,922₹2,325₹2,73,805
Oct 2030₹20,080₹2,168₹2,53,725
Nov 2030₹20,239₹2,009₹2,33,486
Dec 2030₹20,399₹1,848₹2,13,087
2031₹2,13,086₹9,388₹0
Jan 2031₹20,561₹1,687₹1,92,527
Feb 2031₹20,723₹1,524₹1,71,803
Mar 2031₹20,887₹1,360₹1,50,916
Apr 2031₹21,053₹1,195₹1,29,863
May 2031₹21,219₹1,028₹1,08,644
Jun 2031₹21,387₹860₹87,256
Jul 2031₹21,557₹691₹65,700
Aug 2031₹21,727₹520₹43,972
Sept 2031₹21,899₹348₹22,073
Oct 2031₹22,073₹175₹0

Arithmetic on your inputs, not a loan offer: lenders set their own rates, fees and margins, and the quote that matters is theirs.

The price slider spans the Honda Elevate's own range. Open a variant below and this calculator arrives with that variant's exact price already in place, on-road for your city.

EMI for every Honda Elevate variant

On-road price in Delhi and the monthly figure at 9.5% a year over 5 years with 20% down. Starting points, not quotes: the calculator recomputes them the moment you set your own numbers.

Your road tax depends on where you register. and every figure on this page moves to yours.

VariantOn-road in DelhiEMI a month
SV Petrol MT₹13.24 lakhabout ₹22,250
V Petrol MT₹13.79 lakhabout ₹23,160
V Petrol AT₹15.45 lakhabout ₹25,960
VX Petrol MT₹15.61 lakhabout ₹26,220
VX Petrol AT₹17.23 lakhabout ₹28,940
ZX Petrol MT₹17.23 lakhabout ₹28,940
ZX+ Petrol MT₹18.79 lakhabout ₹31,570
ZX Petrol AT₹18.89 lakhabout ₹31,740
ZX+ Black Petrol MT₹18.90 lakhabout ₹31,760
ZX+ Petrol AT₹20.46 lakhabout ₹34,370
ZX+ Black Petrol AT₹20.57 lakhabout ₹34,560

What goes into the on-road total? The Honda Elevate on-road price page itemises it, state by state. And which Elevate variant to buy says where the money works hardest.

The Elevate ladder, a month at a time

Seven of the 11 variants, spread up the ladder; the table above has every one.

  1. SV Petrol MT₹22,250
  2. V Petrol AT₹25,960
  3. VX Petrol MT₹26,220
  4. ZX Petrol MT₹28,940
  5. ZX Petrol AT₹31,740
  6. ZX+ Black Petrol MT₹31,760
  7. ZX+ Black Petrol AT₹34,560
Monthly instalment at 9.5% a year over 5 years with 20% down, on the on-road price in Delhi.

Worth knowing before you sign the loan

  • From ₹22,250 to ₹34,560 a month across the ladder: the ZX+ Black Petrol AT costs ₹12,310 a month more than the SV Petrol MT, ₹7,38,600 over the 5 years.
  • The biggest jump between neighbours on the ladder is the V Petrol MT to the V Petrol AT: ₹2,800 a month more for that one move up.
  • On the road in Delhi rather than ex-showroom, the SV Petrol MT's instalment is ₹22,250 a month instead of ₹19,830: ₹2,420 a month more, because road tax and registration are in the loan too.

What your monthly budget buys

Shopping on the instalment rather than the price? At 9.5% a year over 5 years with 20% down on the on-road price in Delhi, here is the variant each monthly budget reaches.

The top ZX+ Black Petrol AT needs about ₹34,560 a month.

Honda Elevate EMI, answered

The monthly figure, the down payment, and which price to finance.

What is the monthly EMI for the Honda Elevate?
From about ₹22,250 a month, up to about ₹34,560 on the top variant, at 9.5% a year over 5 years with 20% down on the on-road price in Delhi. These are starting points, not quotes: your bank's rate and your own down payment move the figure, and the calculator on this page recomputes it as you set them.
Which Honda Elevate variant fits my monthly budget?
At 9.5% a year over 5 years with 20% down on the on-road price in Delhi, the SV Petrol MT is the way in at about ₹22,250 a month. From there about ₹24,000 a month reaches the V Petrol MT, about ₹26,000 a month reaches the V Petrol AT, about ₹28,000 a month reaches the VX Petrol MT, about ₹30,000 a month reaches the VX Petrol AT or the ZX Petrol MT at the same figure, and the top ZX+ Black Petrol AT needs about ₹34,560. Treat those as starting points rather than quotes: your own rate, tenure and down payment move every one of them, and stretching the tenure brings a dearer variant inside the same instalment at the cost of more interest overall.
How much down payment does the Honda Elevate need?
At 20% down on the on-road price in Delhi, the upfront amount runs from ₹2,64,828 on the SV Petrol MT to ₹4,11,348 on the ZX+ Black Petrol AT. That share is yours to choose: the calculator accepts anything from 0% to 90%, and a bigger down payment trades cash today for a smaller EMI every month.
Should the Honda Elevate EMI be on the ex-showroom or the on-road price?
On-road. Ex-showroom leaves out road tax, registration and insurance, which is real money a loan usually has to cover, so every figure on this page is on the on-road price in Delhi. The city in the header decides which city that is.

Looking at a different car? The car loan EMI calculator works with any price, and the Honda Elevate page holds every variant, each carrying it pre-filled.