Exploring Splendor Bike Price and Two-Wheeler Loan Options: A Practical Guide for Budget-Conscious Buyers

When it comes to affordable, reliable, and efficient motorcycles in India, the Hero Splendor Plus has always been a crowd favourite. The bike’s reputation for providing excellent mileage, low maintenance, and sturdy performance has made it a go-to choice for both first-time buyers and seasoned riders alike. But what about the Splendor bike price? And how can a two wheeler loan make owning one even easier? In this article, we’ll explore everything you need to know about the price of the Hero Splendor Plus and the financing options available through loans, so you can make an informed and budget-friendly decision.

Why Choose the Hero Splendor Plus?

Before we dive into the pricing and loan options, let’s understand what makes the Hero Splendor Plus such a popular choice. The motorcycle is a well-rounded package designed for Indian roads, combining affordability, excellent fuel efficiency, and reliable performance. These features make the bike particularly appealing for daily commuters, students, and small business owners.

Hero Splendor Plus Specifications

1. Engine: 97 cc, air-cooled, single-cylinder engine.
2. Power: It produces 8.02 PS at 8,000 rpm.
3. Mileage: The ARAI claimed mileage for the Splendor Plus is an impressive 80.6 kmpl.
4. Fuel Capacity: The bike comes with a 9.8-liter fuel tank, providing a great range before needing a refill.
5. Weight: The kerb weight of the bike is just 112 kg, making it easy to maneuver, especially in city traffic.
6. Tyre Type: Tubeless tyres, which add to the durability and convenience for daily riding.

With these specs, it’s easy to see why the Hero Splendor Plus has remained one of India’s best-selling motorcycles for years. Its simplicity, reliability, and low running costs make it an ideal bike for everyday use.

Splendor Bike Price: Affordable for All

The Hero Splendor bike price is another huge factor contributing to its success. Depending on the variant and location, the price typically falls between Rs. 72,076 and Rs. 76,346. This makes it one of the most affordable commuter bikes in India, without compromising on quality or performance.

Variants of the Hero Splendor Plus

1. Hero Splendor Plus Standard: The most basic and budget-friendly option, offering everything you need for a comfortable and efficient ride.
2. Hero Splendor Plus i3S: Equipped with Hero’s i3S technology, this variant automatically shuts off the engine when idling (like at a red light) and restarts it when you pull the clutch, saving fuel.
3. Hero Splendor Plus XTEC: The premium variant, featuring modern tech like a digital console, Bluetooth connectivity, and a higher claimed mileage of 83.2 kmpl.

Each variant is competitively priced, allowing customers to choose the version that best suits their needs and budget. Regardless of the model you choose, the Splendor bike price ensures you’re getting a great deal.

Checking the Latest Price

To get the most accurate and up-to-date price, it’s always best to visit the official Hero MotoCorp website or a trusted local dealer. Online platforms such as BikeWale and ZigWheels also provide up-to-date information on the Splendor bike price in various cities, helping you compare and find the best deal.

Prices can vary slightly due to local taxes, dealer handling charges, and offers, so it’s a good idea to inquire directly with a dealer for the final on-road price. Sometimes, dealerships also offer discounts, insurance packages, or accessories with your purchase, which can add more value to your deal.

The Role of Mileage in Cost Savings

One of the biggest selling points of the Hero Splendor Plus is its impressive mileage. The bike has a claimed mileage of 80.6 kmpl across all variants, with the XTEC variant going up to 83.2 kmpl. For a commuter bike in India, this level of fuel efficiency can significantly reduce your long-term running costs.

Why Mileage is Crucial

In a country where fuel prices can fluctuate, having a bike that gives you high mileage helps keep expenses in check. The Splendor’s mileage ensures you spend less on fuel over time, making it incredibly economical for those who commute daily. With a 9.8-liter fuel tank, a full tank of fuel can take you a long way—nearly 700-800 kilometers in ideal conditions.

If you travel frequently or have long daily commutes, the Hero Splendor’s mileage will undoubtedly save you a lot of money in the long run. This is one of the reasons why the bike is so popular among budget-conscious buyers, who prioritize fuel efficiency without compromising on reliability.

Two-Wheeler Loan: Making Your Splendor Purchase Easy

While the Splendor bike price is already quite affordable, many buyers prefer to take advantage of two-wheeler loan options. A two-wheeler loan helps you spread the cost of the bike over several months or even years, making it easier to manage your finances without the burden of paying the entire amount upfront.

Benefits of a Two-Wheeler Loan

1. Low Down Payment: Many financial institutions offer two-wheeler loans with low down payments, allowing you to start riding your bike with just a small initial payment.
2. Flexible EMI Plans: Lenders offer different EMI (Equated Monthly Installment) options, making it easy to find a repayment plan that fits your budget.
3. Attractive Interest Rates: Two-wheeler loans often come with competitive interest rates, reducing the overall cost of the loan.
4. Quick Approvals: The process of getting a two-wheeler loan is usually fast and straightforward. With minimal documentation, you can get your loan approved quickly and take home your new Hero Splendor in no time.

How to Apply for a Two-Wheeler Loan

Applying for a two-wheeler loan is simple. Here’s what you need to do:

1. Check Your Eligibility: Most lenders have basic eligibility criteria, such as being at least 18 years old and having a stable source of income. Some lenders may also check your credit score to determine the interest rate.
2. Compare Lenders: Different banks and NBFCs offer different loan terms. It’s important to compare options to find the one with the best interest rate and EMI options. 
3. Submit Documentation: Once you choose a lender, you’ll need to provide documents like proof of identity (Aadhar card or passport), proof of address, and proof of income (salary slips or bank statements). The documentation process is usually quick and straightforward.
4. Loan Approval: After submitting your application and documents, the lender will review them. Once approved, you’ll receive the loan amount directly or through your bike dealer.
5. Take Delivery of Your Bike: With the loan approved and processed, you can complete the purchase and ride away on your new Hero Splendor Plus.

Conclusion: The Hero Splendor Plus – Affordable, Fuel-Efficient, and Easy to Own

In summary, the Hero Splendor Plus remains one of the most cost-effective two-wheelers available in India. Its affordable price, excellent mileage, and low maintenance make it an ideal choice for daily commuting and long-term ownership. Whether you’re a new rider or looking for a reliable second bike, the Splendor bike price ensures you get exceptional value for your money.

The availability of two wheeler loan makes purchasing the Hero Splendor Plus even more accessible, allowing you to spread the cost over time while enjoying the benefits of owning one of India’s most trusted motorcycles. With flexible EMI options, low down payments, and attractive interest rates, financing your new Hero Splendor Plus has never been easier.

So if you’re in the market for a reliable, fuel-efficient, and affordable bike, the Hero Splendor Plus is a smart choice that ticks all the right boxes.