Question 1

What will be the lowest down payment for Honda NX500?

Accepted Answer

The lenders generally finance 90% of the value of the . Some customers might be eligible for 100% funding too. The down payment is the difference between the on-road price of the  and the amount funded by a lender. This means the minimum possible down payment that you have to pay for Honda NX500 includes the RTO and insurance charges.

Question 2

What will be the monthly EMI for Honda NX500?

Accepted Answer

EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for Honda NX500 can be calculated using the following formula:
{P x R x (1+R)^N / [(1+R)^N-1]}
where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.
For Example:- If the principal amount for a bike loan is Rs. ₹6,10,271/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 610271 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 18,566/-
The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10% per annum, then R= 10%/12 = 0.008333.

Question 3

What will be the interest rate for Honda NX500?

Accepted Answer

The interest rate for Honda NX500 primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum. Customers can also negotiate with the financier for a better rate of interest against their loan amount.

Question 4

What will be the EMI for 3 years tenure for Honda NX500?

Accepted Answer

EMI for Honda NX500 for 3 years tenure can be calculated as per the following formula:-
{P x R x (1+R)^N / [(1+R)^N-1]}
Where, P = Principal amount of the loan, R = Rate of interest, N = Number of monthly installments which will be 36 in case of 3 years tenure.

Question 5

What is the engine displacement of Honda NX500?

Accepted Answer

The engine displacement of Honda NX500 is 471 cc

Question 6

What is the Start type of Honda NX500?

Accepted Answer

Honda NX500 has Self Start Only.

Question 7

What is the Tyre Type of Honda NX500?

Accepted Answer

Honda NX500 has Tubeless tyres.

Question 8

What is the exact Height of Honda NX500?

Accepted Answer

The height of Honda NX500 is 1413 mm

Question 9

What is the Power of Honda NX500?

Accepted Answer

The power produced by Honda NX500 is 47.5 PS @ 8600 rpm

Question 10

What is the Torque of Honda NX500?

Accepted Answer

The torque available on Honda NX500 is 43 Nm @ 6500 rpm.

Question 11

Does Honda NX500 need a license?

Accepted Answer

Yes, it is required to have a driving license to drive Honda NX500.

Question 12

What is the Ex-Showroom Price of Honda NX500?

Accepted Answer

The Ex-Showroom price of NX500 in Delhi is 5,90,000.

Question 13

What is the Curb weight of Honda NX500?

Accepted Answer

The curb weight of NX500is 196 kg.

Question 14

What is the fuel tank capacity of Honda NX500?

Accepted Answer

The fuel tank capacity of NX500 is 17.5 L.

Question 15

What is the Body style of Honda NX500?

Accepted Answer

The Body Style of NX500 is adventure-tourer.

Question 16

What are the Model versions of Honda NX500?

Accepted Answer

The model versions of NX500 are Honda NX500 STD .

Question 17

What is the Fuel economy of Honda NX500?

Accepted Answer

The fuel economy/Mileage of NX500 is 27.78 kmpl.

Question 18

What is the ground clearance of Honda NX500?

Accepted Answer

Honda NX500 offers ground clearance of 181 mm.

Questions and Answers on Honda NX500

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