Stories
Man Buys Honda Activa With 12,300 Coins Worth Rs 1.23 Lakh
- •B. Ravi Joseph, a 51-year-old pastor from Laxettipet in Telangana Mancherial district, saved Rs 10 coins over three years to buy a two-wheeler.
- •Despite opposition from family members and rumors about the validity of Rs 10 coins, he continued his daily savings habit.
- •He accumulated a total of 12,300 coins amounting to Rs 1,23,000 and used them to purchase a brand new Honda Activa.
- •Staff at the Jagdamba Honda Motors showroom took nearly two hours to count all the coins brought in by the customer.
Key Questions Answered
Over a period of three years starting from October 2023, B. Ravi Joseph systematically set aside everyday 10-rupee coins from his routine expenses and grocery purchases. Despite facing opposition and skepticism from family members who worried the coins might become invalid, he persevered and ultimately saved 12,300 coins totaling 1,23,000 rupees to purchase the scooter.
When B. Ravi Joseph arrived at Jagadamba Honda Motors in Lakkettipet with his bags of coins, the showroom staff was stunned. It took the staff approximately two hours to completely count the 12,300 ten-rupee coins before he could ride his new Honda Activa home.
The Honda Activa is India's popular scooter with an ex-showroom price starting around 76,000 rupees and going up to 91,000 rupees for top variants, with on-road prices ranging from 1 to 1.23 lakh rupees. It features a 109.51 cc air-cooled engine generating about 7.9 PS power and 9.05 Nm torque, offering a mileage of 45-50 kmpl in actual use alongside an 18-liter under-seat storage capacity.