The Hero Splendor has remained one of India’s most popular commuter motorcycles due to its fuel efficiency, durability, and affordability. For potential buyers, understanding the on-road price and the required documents is crucial to ensure a smooth and hassle-free purchase. This guide explains how to calculate the on-road price for the Hero Splendor and lists all necessary documents needed for buying and registering the bike.
Understanding the On-Road Price
The on-road price of a Hero Splendor bike is the total amount a buyer pays to own and legally ride the bike. It is not just the ex-showroom price, as several additional charges are included. The main components of the on-road price are:
- Ex-Showroom Price – The price of the bike as listed by Hero MotoCorp, exclusive of taxes and registration. It varies based on the city and the variant of the bike.
- Road Tax – A mandatory tax paid to the state government to register your bike. The rate varies depending on the state.
- Registration Charges – Fees paid to the Regional Transport Office (RTO) for registering the vehicle and issuing the registration certificate (RC).
- Insurance Cost – Compulsory for all bikes in India, usually covering third-party liability. Optional comprehensive insurance can be added for full protection.
- Handling and Logistics Charges – Additional costs for transporting the bike from the factory to the dealership.
- Accessories and Add-ons – Any optional accessories like seat covers, alloy wheels, or protective gear added to the bike.
The formula for calculating the approximate on-road price is:
On-Road Price = Ex-Showroom Price + Road Tax + Registration Charges + Insurance + Handling Charges + Accessories (if any)
Step 1: Check the Ex-Showroom Price
The ex-showroom price is the base price of the bike in your city and is publicly listed on the Hero MotoCorp website. It varies slightly based on:
- The variant – Splendor Plus, iSmart, or XTEC
- The city or state – Due to regional variations in production costs and local regulations
Example (approximate values):
- Hero Splendor Plus: ₹78,000 – ₹82,000
- Hero Splendor iSmart: ₹82,000 – ₹86,000
- Hero Splendor XTEC: ₹90,000 – ₹95,000
These prices are indicative and may vary slightly based on dealership offers.
Step 2: Calculate Road Tax
Road tax is a state-level tax calculated as a percentage of the ex-showroom price. The rates typically range from 4% to 12% depending on the state and type of vehicle.
Example:
- If ex-showroom price = ₹80,000
- Road tax = 8%
- Road tax amount = ₹80,000 × 0.08 = ₹6,400
This tax is mandatory and must be paid before registering the bike at the RTO.
Step 3: Registration Charges
Registration charges cover the cost of registering your bike with the RTO and issuing the Registration Certificate (RC) and number plate. The fees depend on:
- The state where the bike is registered
- Whether you opt for a private or commercial registration
- Additional charges for fancy number plates, if desired
Typical registration charges for Hero Splendor range from ₹800 to ₹1,500.
Step 4: Calculate Insurance Cost
Insurance is mandatory for all two-wheelers in India. You have two main options:
- Third-Party Liability Insurance – Covers damages caused to a third party; cheaper and mandatory.
- Comprehensive Insurance – Covers both third-party damages and own damages; higher cost but provides full protection.
The insurance premium depends on:
- The bike’s ex-showroom price
- Type of insurance
- Add-ons like zero depreciation or roadside assistance
Example: Comprehensive insurance for Hero Splendor may cost ₹3,000 – ₹4,500 depending on coverage and add-ons.
Step 5: Add Handling and Logistics Charges
Dealers often charge handling or logistics fees for transporting the bike from the manufacturer to the showroom. This is usually ₹500 – ₹1,000 and is added to the total on-road price.
Step 6: Include Optional Accessories and Add-ons
If you choose optional accessories like:
- Alloy wheels
- Seat covers
- Crash guards
- Additional lamps
These costs are added to the total on-road price. Dealers can provide an itemized bill for transparency.
Step 7: Calculate the Total On-Road Price
After adding all the components, you get the total on-road price. For example:
- Ex-showroom price: ₹80,000
- Road tax: ₹6,400
- Registration charges: ₹1,000
- Insurance: ₹4,000
- Handling charges: ₹500
- Accessories: ₹2,000
Total On-Road Price = ₹80,000 + ₹6,400 + ₹1,000 + ₹4,000 + ₹500 + ₹2,000 = ₹93,900
This is the total amount you need to pay to legally own your Hero Splendor.
Required Documents for Hero Splendor Purchase
Buying and registering a Hero Splendor requires submission of certain documents. These ensure legal compliance and smooth registration at the RTO.
1. Identity Proof
A government-issued photo ID is mandatory for purchase and registration. Acceptable documents include:
- Aadhaar card
- PAN card
- Passport
- Voter ID
2. Address Proof
Proof of residence is required to register the bike in your name. Valid documents include:
- Aadhaar card
- Utility bills (electricity, water, or gas)
- Passport
- Ration card
3. Passport-Sized Photographs
Most dealerships and RTOs require 1–2 passport-size photographs of the buyer for documentation.
4. Income Proof (If Opting for Loan/EMI)
If you are availing bike financing, you must provide:
- Salary slips (last 3 months)
- Bank statements (last 6 months)
- Income tax returns
- Employer certificate (if salaried)
These documents help the bank or NBFC assess your repayment capacity.
5. Vehicle Booking Receipt
After paying the booking amount at the dealership, keep the receipt safe. It contains:
- Booking reference number
- Selected bike model and variant
- Dealer details and expected delivery date
6. PAN Card (Mandatory for Loan/High-Value Transactions)
For financial transparency and compliance with RBI guidelines, a PAN card may be required if the transaction exceeds a certain amount or if applying for financing.
7. Form 20 and Form 21
These forms are mandatory for RTO registration:
- Form 20 – Vehicle registration application
- Form 21 – Sale certificate from the dealer
Dealers usually handle these forms for you during delivery.
Tips for Smooth On-Road Price Payment and Document Submission
- Verify All Charges – Ask the dealer for a detailed breakdown of the on-road price.
- Check Insurance Options – Compare premiums for comprehensive and third-party coverage.
- Keep All Documents Ready – Scanned copies help if any online submission is required.
- Track RTO Registration – Ensure the RC is issued promptly to avoid legal issues.
- Ask About Offers – Dealers may provide discounts, exchange benefits, or free accessories.
Conclusion
Understanding the on-road price of a Hero Splendor bike and knowing the required documents is crucial for a smooth buying experience. The total on-road price includes the ex-showroom price, road tax, registration charges, insurance, handling fees, and optional accessories.
Having all necessary documents ready—ID proof, address proof, photographs, income proof (if applying for a loan), and booking receipts—ensures hassle-free registration and delivery. By following this guide, you can confidently calculate the exact cost of your Hero Splendor and complete the purchase process efficiently.
Investing in a Hero Splendor guarantees a reliable, fuel-efficient, and comfortable commuting experience. With clarity on on-road pricing and documentation, you can enjoy the ride without any legal or financial surprises.