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Bikes under Rs. 2 lakh in India offer an excellent mix of performance, style, and value. Popular choices from brands like TVS, Yamaha, Honda, KTM, and Royal Enfield cater to both daily commuters and enthusiasts. With prices ranging from Rs. 1.4 lakh to Rs. 2 lakh, these bikes are known for their reliability, modern features, and strong road presence, making them ideal for varied riding needs and preferences.
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Bikes Under Rs. 2 Lakh overview
Bikes priced under Rs. 2 lakh offer an excellent blend of power, style, and value. This segment features a diverse range of options—from sporty 160 cc commuters to adventure-ready and cruiser-style motorcycles. Leading manufacturers like Bajaj, TVS, Hero, Royal Enfield, and KTM offer models in this price bracket that cater to varied rider needs and preferences.
Pricing typically starts near Rs. 1 lakh for basic commuter bikes and goes up to Rs. 2 lakh for performance-focused or feature-rich models. These bikes often include modern features like LED lighting, digital instrumentation, ABS, and comfortable ergonomics.
After selecting your preferred model, you can finance it with a Bajaj Finserv Two‑Wheeler Loan. The loan provides up to 100% funding, simple EMIs, extended repayment tenures, and minimal paperwork — making it easier to own your dream bike.
Best bikes between Rs. 1.5 lakh to Rs. 2 lakh – Top picks for 2026
Bikes in the Rs. 1.5 lakh to Rs. 2 lakh range have gained immense popularity due to their perfect balance of affordability, performance, and versatility. These motorcycles cater to riders who seek powerful engines, excellent mileage, and a thrilling riding experience, all while staying within a reasonable budget. You may also find bikes with a combination of high engine displacement, peak torque, and advanced features like dual-channel ABS and digital instrument consoles.
Brands like Hero, Suzuki, and Royal Enfield provide options that cater to various riding preferences. The Royal Enfield Hunter 350 is perfect for riders who enjoy long-distance cruising and classic styling with modern features. The Suzuki Gixxer 150 offers a sporty ride with great handling, making it ideal for city commuters and performance enthusiasts. The Hero Xtreme 160R is designed for those looking for a stylish, efficient, and powerful bike for daily urban commuting and quick rides.
Each bike caters to different needs, whether it is cruising, sport, or daily commute. Whether you are a new rider or an experienced enthusiast, the Rs. 1.5 lakh to Rs. 2 lakh segment provides motorcycles that deliver the perfect mix of power, style, and reliability for all kinds of riders. You can book your new bike online on Bajaj Mall easily with convenient EMI options from Bajaj Finance.
Why choose a bike under Rs. 1.5 lakh – Key benefits
Choosing a bike under Rs. 1.5 lakh offers several key benefits, making it an ideal choice for many riders. Here are some of the top advantages :
• Fuel efficiency :
Bikes in this range often deliver excellent mileage, making them cost-effective for daily commutes and long rides.
• Affordability :
With a lower price point, these bikes provide great value without compromising on quality or performance.
• Ideal for commuting :
Lightweight and easy to handle, they are perfect for navigating through traffic in the city.
• Low maintenance costs :
Generally, bikes in this range are cheaper to maintain, reducing long-term ownership costs.
• Versatility :
Suitable for both urban commuting and weekend getaways.
On Bajaj Mall, browse and compare the best bikes from manufacturers such as Royal Enfield, Jawa, Suzuki, Yamaha, and others. Book bikes online in India from the comfort of your home and explore affordable EMI options to finance your purchase.
Things to consider before booking bikes between Rs. 1.5 lakh and Rs. 2 lakh online
• Power and mileage
Bikes between Rs. 1.5 lakh and Rs. 2 lakh are premium two-wheelers with the best power and mileage on offer. For instance, the Bajaj Pulsar P150 has a solid 150cc engine that produces 14 bhp power without any issues. In the same category, you can also get your hands on the KTM 200 Duke, which has a 200cc engine that produces a power of 24 bhp. Talking about the mileage, both bikes can give you a mileage of 34-45 kmpl in city riding conditions. While this figure may seem on the lower side, it’s a compromise you must make to own a powerful vehicle.
• Features and specifications
You should not be overwhelmed by their features and specifications when you book bikes between Rs. 1.5 lakh and Rs. 2 lakh online on Bajaj Mall. This is because these bikes have so many features that you can get confused. For instance, front disc brakes are a staple in this segment, while you can also get rear disc brakes in some models. In addition, you can expect a fully digital instrument cluster, LED lamps/lights, electric-start, mobile app connectivity, GPS, navigation, stand alarm, stepped seat, and much more.
• Design and build
The segment gives you two options to choose from. You can either go for the retro models from brands such as Royal Enfield and Jawa or choose a sporty bike such as a Bajaj Pulsar, KTM Duke, or Suzuki Gixxer. Regardless of the theme you prefer, you can expect solid build quality and a design that is true to the message that the bike wants to convey.
Comprehensive list of bikes between Rs.1.5 lakh and 2 lakh
Here is a quick overview of some popular bikes between Rs. 1.5 lakh to Rs. 2 lakh, showcasing their starting prices, mileage, and key features.
Model | Starting price (ex-showroom), Delhi | Mileage | Key Features |
|---|---|---|---|
Honda Hornet 2.0 | Rs. 1,40,451 | 45 kmpl | Stylish design, powerful 184.40cc engine, LED headlamps |
Royal Enfield Hunter 350 | Rs. 1,49,900 | 36.5 kmpl | Classic retro styling, 349cc engine, ideal for long-distance cruising, Dual Channel ABS |
Suzuki Gixxer SF (Ride Connect Edition) | Rs. 1,45,901 | 45 kmpl | Sporty styling, 155cc engine, excellent handling, digital console |
The price mentioned above are ex-showroom prices. The on-road price of these bikes will be slightly higher due to additional charges such as registration, insurance, and taxes. Explore these options to find your perfect ride.
Features to consider while buying a bike in this Budget
When buying a bike in the Rs. 1.5 lakh to Rs. 2 lakh budget range, consider these essential features to make an informed decision:
• Engine capacity:
Look for a bike with a sufficient engine capacity for both city commuting and highway rides.
• Fuel efficiency:
Choose a bike with good mileage to save on fuel costs in the long run.
• Maintenance costs:
Consider bikes that are easy and cost-effective to maintain, offering low service expenses over time.
Shop different bike models between Rs. 1.5 lakh and Rs. 2 lakh on Bajaj Mall
On Bajaj Mall, you can find bikes from almost every Indian and global brand. Choose from Hero Xpulse 200 Self Start ABS Disc Brake or Honda Hornet 2.0 and book them on the lowest EMIs in India. Plus, you can access detailed information on your chosen model. So, what are you waiting for? Book bikes between Rs. 1.5 lakh and Rs. 2 lakh on Bajaj Mall and collect them from the showroom nearest you.
Shop for the best motorcycle between Rs. 1.5 lakh and Rs. 2 lakh by mileage and engine capacity
Here is a mileage overview of popular motorcycles priced between Rs. 1.5 lakh to Rs. 2 lakh :
Model | Engine capacity | Mileage |
|---|---|---|
Royal Enfield Bullet 350 | 349 cc | 35 kmpl |
Royal Enfield Hunter 350 | 349 cc | 36.5 kmpl |
Suzuki Gixxer SF BS6 | 155 cc | 45 kmpl |
Honda CB200X DX | 184.4 cc | 40 kmpl |
These bikes cater to a variety of riding preferences, from cruiser motorcycles to sportier options. Mileage is a crucial factor when choosing a bike, as it directly affects long-term running costs. To get the best bike mileage, it is important to maintain your bike well and ride efficiently.
Opting for a high-mileage bike is ideal if you are looking to save on fuel costs over time, especially for daily commuting or long-distance rides. On the other hand, low-mileage bikes with larger engines, like the Royal Enfield Bullet 350, offer more power and a thrilling ride, making them suitable for leisurely cruising and enthusiasts who prioritise performance over fuel efficiency.
Most popular brands offering bikes in this range
Several popular brands offer excellent bikes in the Rs. 1.5 lakh to Rs. 2 lakh price range. Here are some top brands :
• Hero :
Known for reliable and efficient bikes like the Hero Xtreme 160R and Hero Xtreme 200S.
• Honda :
Offers well-rounded bikes like the Honda Hornet 2.0 and the Honda CB200X DX.
• Suzuki :
Known for models like the Suzuki Gixxer 150.
• Royal Enfield :
Famous for iconic cruisers like the Royal Enfield Hunter 350.
Buying a bike online on EMI: Benefits and tips
Purchasing a bike online on EMIs can be a convenient and affordable way to own your desired ride. Here are some benefits :
• Affordable EMI plans :
EMI options allow you to pay in smaller, manageable instalments instead of a lump sum.
• No immediate financial burden :
Spread the cost of your bike over months or years, making it easier to budget.
• Flexible tenure :
Choose an EMI tenure that fits your financial situation, with options ranging from a few months to years.
• Hassle-free process :
On Bajaj Mall, it is easy to book your bike on EMI. After booking confirmation, complete the two-wheeler loan process with minimal paperwork.
• Access to top brands :
Easily compare and purchase bikes from trusted brands like Honda, Royal Enfield, and Hero with the convenience of hassle-free online processes.
Here are some simple tips to keep in mind before booking a bike online on EMIs:
1. Check your eligibility :
Go through the eligibility requirements for a two-wheeler loan from Bajaj Finance.
2. Compare EMI plans :
Compare different EMI tenures and interest rates to find the most affordable option.
3. Set a realistic budget :
Choose an EMI amount that fits comfortably within your monthly budget to avoid financial strain.
Advantages of availing a two-wheeler on EMI
You get EMI options that do not require you to make any down payments throughout the tenure. Plus, you get an easy online application process where you can submit all the documents online. The best part is that you get flexible tenure options that allow you to book your favourite two-wheeler on EMI without worrying about the cost.
Why Bajaj Mall is your go-to destination for bikes under Rs. 2 lakh
On Bajaj Mall, you can book bikes from top brands like Suzuki, Royal Enfield, and Hero, ensuring you get the best value for your money. Booking a bike on affordable EMIs makes it easier to own your preferred ride with manageable payments. The flexible EMI options are designed to fit your financial needs, making the purchase process simple and convenient. To save more on your bike purchase, be sure to check the ongoing offers available on Bajaj Mall.
| Top Selling Bikes-Under-Rs--2-Lakh | Easy EMI | Price |
|---|---|---|
|
Honda Hornet 2.0 Standard (Matte Axis Gray Metallic)
Honda Hornet 2.0 Standard (Matte Axis Gray Metallic)
|
₹4798/month | ₹185808 |
|
Honda CB200X DX (Matte Selene Silver Metallic)
Honda CB200X DX (Matte Selene Silver Metallic)
|
₹4654/month | ₹180226 |
|
Suzuki Gixxer SF BS6 (Metallic Triton Blue)
Suzuki Gixxer SF BS6 (Metallic Triton Blue)
|
₹5001/month | ₹193634 |
|
Royal Enfield Bullet 350 (Standard - Black)
Royal Enfield Bullet 350 (Standard - Black)
|
₹4972/month | ₹256320 |
|
Honda X-Blade Double Disc (Sports Red)
Honda X-Blade Double Disc (Sports Red)
|
₹3782/month | ₹146447 |
|
Suzuki Gixxer 150 Single Channel ABS BS6 (Metallic Triton Blue)
Suzuki Gixxer 150 Single Channel ABS BS6 (Metallic Triton Blue)
|
₹5017/month | ₹194288 |
|
Royal Enfield Hunter 350 Retro (Factory Black)
Royal Enfield Hunter 350 Retro (Factory Black)
|
₹5180/month | ₹200591 |
|
Royal Enfield Bullet 350 Standard (Bullet Silver)
Royal Enfield Bullet 350 Standard (Bullet Silver)
|
₹5307/month | ₹205502 |
|
Jawa 42 Single Disc BS6 (All Star Black)
Jawa 42 Single Disc BS6 (All Star Black)
|
₹4591/month | ₹236714 |
|
Hero Xtreme 160R Self Start Double Disc Brake Alloy Wheel FI (Sports Red)
Hero Xtreme 160R Self Start Double Disc Brake Alloy Wheel FI (Sports Red)
|
₹2240/month | ₹161300 |
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