Honda Motorcycle and Scooter India is offering cashback of Rs. 5,000 on the purchase of the new Honda SP 125. The cashback offer is valid only if you finance the motorcycle through one of Honda's partner banks including Bank of Baroda, Federal Bank, ICICI Bank, Standard Chartered and Yes Bank. Currently, the Honda SP 125 has two variants on sale. The entry-level drum brake version is priced at Rs. 75,010, while the disc brake version is priced at Rs. 79,210. All prices are ex-showroom, Delhi. The new Honda SP 125 uses a new 125 cc fuel-injected engine that develops 10.72 bhp and 10.9 Nm of peak torque. The commuter offering gets the ACG starter motor, a digital instrument console and a 5-speed transmission.