Learn about some of the best bikes under ₹1 Lakh, their features, and financing options, including the top two-wheeler loan plans.
Last updated on: March 19, 2026
Finding a reliable bike under ₹1 Lakh doesn’t mean compromising on quality or performance. Whether it’s for daily commutes or weekend getaways, there are plenty of options that offer great value. With flexible two-wheeler loans available from multiple lenders on Bajaj Markets, getting your ideal ride has never been easier. Don’t miss out on the perfect bike that fits both your needs and budget—your dream ride is just a step away!
Are you on the lookout for a reliable bike under ₹1 Lakh? Here is a list of some of the best options under ₹1 Lakh to help you find the perfect ride that combines performance, style, and value:
| Model Name | Ex-Showroom Price (New Delhi) |
|---|---|
Bajaj Pulsar NS125 |
₹92,642 |
Hero Xtreme 125R |
₹89,000 |
Honda SP 125 |
₹87,878 |
Bajaj Pulsar 125 |
₹85,178 |
Hero Glamour X 125 |
₹82,967 |
TVS Raider 125 |
₹82,000 |
Honda Shine |
₹80,852 |
Hero Splendor Plus Xtec |
₹77,678 |
Hero Splendor Plus |
₹74,152 |
Hero HF Deluxe |
₹59,489 |
Disclaimer: The ex-showroom prices listed above are applicable only in New Delhi and may vary across different cities due to factors such as RTO charges, insurance costs, and local taxes. Please check with your nearest dealer for the most accurate and up-to-date pricing in your area.
When choosing a bike under ₹1 Lakh, it's important to understand the key specifications that impact performance, comfort, and fuel efficiency. Here are the specifications of some of the top bikes under ₹1 Lakh that offer the best value for money:
The Hero Xtreme 125R is a stylish and powerful 125cc bike designed for those who want performance without compromising on fuel efficiency. With an ex-showroom price of ₹89,000, it offers excellent value with features like a 124.7 cc engine, a top speed of 100 kmph, and a mileage of 66 kmpl. Its comfortable seat height of 794 mm and balanced kerb weight of 136 kg make it suitable for both city commutes and weekend rides.
Check out the table below for the features of the Hero Xtreme 125R:
| Particulars | Information |
|---|---|
Ex-Showroom Price |
₹89,000 |
Engine Capacity |
124.7 cc |
Mileage |
66 kmpl |
Kerb Weight |
136 kg |
Fuel Tank Capacity |
10 Litres |
Seat Height |
794 mm |
Top Speed |
100 kmph |
The Honda SP 125 is a well-rounded commuter bike that offers a blend of performance and efficiency at an ex-showroom price of ₹87,878. With its 123.94 cc engine, it delivers a solid 62 kmpl mileage and can reach a top speed of 100 kmph. The 790 mm seat height and 116 kg kerb weight ensure a comfortable and balanced ride for both city traffic and long-distance travels.
Check out the table below for the features of the Honda SP 125:
| Particulars | Information |
|---|---|
Ex-Showroom Price |
₹87,878 |
Engine Capacity |
123.94 cc |
Mileage |
62 kmpl |
Kerb Weight |
116 kg |
Fuel Tank Capacity |
11 Litres |
Seat Height |
790 mm |
Top Speed |
100 kmph |
The TVS Raider 125 is a modern and sporty bike priced at ₹82,000 (ex-showroom). Equipped with a 124.8 cc engine, it offers an excellent blend of power and fuel efficiency, delivering 56.7 kmpl. Its sleek design, 780 mm seat height, and top speed of 99 kmph make it a perfect choice for riders looking for a mix of style and performance.
Check out the table below for the features of the TVS Raider 125:
| Particulars | Information |
|---|---|
Ex-Showroom Price |
₹82,000 |
Engine Capacity |
124.8 cc |
Mileage |
56.7 kmpl |
Kerb Weight |
123 kg |
Fuel Tank Capacity |
10 Litres |
Seat Height |
780 mm |
Top Speed |
99 kmph |
The Bajaj Pulsar 125, priced at ₹85,178 (ex-showroom), continues to be one of the most popular bikes in the 125cc segment. With a 124.4 cc engine, it offers a mileage of 50 kmpl and reaches a top speed of 100 kmph. Its 140 kg kerb weight and 790 mm seat height make it a comfortable ride, whether you're navigating city streets or cruising on highways.
Check out the table below for the features of the Bajaj Pulsar 125:
| Particulars | Information |
|---|---|
Ex-Showroom Price |
₹85,178 |
Engine Capacity |
124.4 cc |
Mileage |
50 kmpl |
Kerb Weight |
140 kg |
Fuel Tank Capacity |
11.5 Litres |
Seat Height |
790 mm |
Top Speed |
100 kmph |
The Hero Splendor Plus is one of the most iconic commuter bikes in India, offering great value for money at an ex-showroom price of ₹74,152. Powered by a 97.2 cc engine, it delivers a mileage of 61 kmpl and a top speed of 87 kmph. Its lightweight design and 785 mm seat height make it an easy-to-handle bike for everyday rides.
Check out the table below for the features of the Hero Splendor Plus:
| Particulars | Information |
|---|---|
Ex-Showroom Price |
₹74,152 |
Engine Capacity |
97.2 cc |
Mileage |
61 kmpl |
Kerb Weight |
112 kg |
Fuel Tank Capacity |
9.8 Litres |
Seat Height |
785 mm |
Top Speed |
87 kmph |
The Bajaj Pulsar NS125 is a sporty and powerful bike priced at ₹92,642 (ex-showroom). It features a 124.45 cc engine and delivers 46.9 kmpl, along with a top speed of 103 kmph. Its 144 kg kerb weight and 805 mm seat height ensure a stable and comfortable ride for those looking for a more performance-oriented 125cc bike.
Check out the table below for the features of the Bajaj Pulsar NS125:
| Particulars | Information |
|---|---|
Ex-Showroom Price |
₹92,642 |
Engine Capacity |
124.45 cc |
Mileage |
46.9 kmpl |
Kerb Weight |
144 kg |
Fuel Tank Capacity |
12 Litres |
Seat Height |
805 mm |
Top Speed |
103 kmph |
The Honda Shine offers a great balance between performance and fuel efficiency, priced at ₹80,852 (ex-showroom). It comes with a 123.94 cc engine, delivering a mileage of 55 kmpl and a top speed of 102 kmph. Its 791 mm seat height and 113 kg kerb weight make it a comfortable choice for everyday riders.
Check out the table below for the features of the Honda Shine:
| Particulars | Information |
|---|---|
Ex-Showroom Price |
₹80,852 |
Engine Capacity |
123.94 cc |
Mileage |
55 kmpl |
Kerb Weight |
113 kg |
Fuel Tank Capacity |
10.5 Litres |
Seat Height |
791 mm |
Top Speed |
102 kmph |
The Hero HF Deluxe, priced at ₹59,489 (ex-showroom), is a budget-friendly option that offers an impressive mileage of 65 kmpl with a 97.2 cc engine. With a kerb weight of 112 kg and a seat height of 805 mm, it is ideal for those looking for a reliable, low-maintenance bike for daily use.
Check out the table below for the features of the Hero HF Deluxe:
| Particulars | Information |
|---|---|
Ex-Showroom Price |
₹59,489 |
Engine Capacity |
97.2 cc |
Mileage |
65 kmpl |
Kerb Weight |
112 kg |
Fuel Tank Capacity |
9.6 Litres |
Seat Height |
805 mm |
Top Speed |
85 kmph |
The Hero Glamour X 125, priced at ₹82,967 (ex-showroom), is a feature-packed bike that combines style with performance. It offers 65 kmpl mileage from its 124.7 cc engine and reaches a top speed of 105 kmph. The 125.5 kg kerb weight and 790 mm seat height ensure a smooth and comfortable ride.
Check out the table below for the features of the Hero Glamour X 125:
| Particulars | Information |
|---|---|
Ex-Showroom Price |
₹82,967 |
Engine Capacity |
124.7 cc |
Mileage |
65 kmpl |
Kerb Weight |
125.5 kg |
Fuel Tank Capacity |
10 Litres |
Seat Height |
790 mm |
Top Speed |
105 kmph |
The Hero Splendor Plus Xtec is an advanced version of the iconic Splendor, offering a mileage of 73 kmpl with a 97.2 cc engine. Priced at ₹77,678 (ex-showroom), it combines reliability with modern features for a smooth ride. With a kerb weight of 112 kg and a seat height of 785 mm, it’s ideal for everyday commutes.
Check out the table below for the features of the Hero Splendor Plus Xtec:
| Particulars | Information |
|---|---|
Ex-Showroom Price |
₹77,678 |
Engine Capacity |
97.2 cc |
Mileage |
73 kmpl |
Kerb Weight |
112 kg |
Fuel Tank Capacity |
9.8 Litres |
Seat Height |
785 mm |
Top Speed |
87 kmph |
Here are some key benefits that make bikes under ₹1 Lakh an attractive option for everyday riders:
Bikes in this price range are designed to offer impressive mileage, making them ideal for daily commutes while helping you save on long-term fuel costs.
With simple designs and easily available spare parts, bikes under ₹1 Lakh are cost-effective to maintain, ensuring lower overall expenses.
This segment offers a diverse range of bikes, whether you need a commuter, a light touring bike, or a sporty option for occasional rides.
Lightweight construction and ergonomic design make these bikes easy to handle, providing comfort and control, especially in city traffic.
Despite their affordability, many models are equipped with digital displays, LED lighting, and Bluetooth connectivity, enhancing convenience without a significant price increase.
Most bikes in this range come with important safety features such as Combined Braking System (CBS) or Anti-lock Braking System (ABS), ensuring a safer ride.
Popular models under ₹1 Lakh tend to hold their value well, making it easier to upgrade when the time comes.
These bikes come with lower upfront costs and accessible EMI options, making them a great choice for first-time buyers or anyone looking to manage their finances effectively.
Here are some important factors to consider before making your bike purchase to ensure you get the best value for your money:
It’s essential to set a clear budget to narrow down your options and focus on bikes that offer the best value without exceeding your spending limit.
Evaluate your daily commute, whether it’s through city traffic, rough roads, or highways, to select a bike that matches your specific riding needs.
A bike with an engine capacity between 125 cc and 250 cc strikes the perfect balance between performance and fuel efficiency, ideal for everyday riding.
Make sure the bike fits you comfortably; you should be able to reach the ground with your feet and handle its weight for better stability and control.
Take into account important features like seat comfort, design, storage capacity, safety features, and styling to ensure the bike aligns with your personal preferences.
Check for the availability of spare parts, service costs, and maintenance requirements to ensure you’re not caught off guard by unexpected expenses.
Opt for models with strong resale value, as bikes still in production tend to hold their value better over time, making future upgrades more affordable.
Make sure your bike is insured, as insurance provides protection against damage, theft, and third-party liabilities, and is easily available through online platforms.
When purchasing a bike under ₹1 Lakh, exploring financing options can significantly ease the financial burden and make the process more manageable. Instead of paying the full amount upfront, a two-wheeler loan allows you to repay in easy monthly instalments (EMIs), making it a convenient way to manage your budget while still being able to afford a higher-quality model.
By opting for financing, you can select a bike that suits your needs without stretching your finances too thin. On Bajaj Markets, you can discover attractive loan options that offer up to 100% financing on the bike's value with simple eligibility requirements.
| Lender | Starting Interest Rate | Maximum Loan Amount | Maximum Tenure |
|---|---|---|---|
Bajaj Auto Credit |
6.65% p.a. |
LTV - 98% |
60 months |
L&T Finance |
6.99% p.a. |
LTV - 100% |
60 months |
Muthoot Capital |
0.99%* |
₹3 Lakhs |
48 months |
Disclaimer: The information above is subject to change as per updates in the lender's policies.
With flexible loan tenures of up to 48 months and the option to finance 100% of the on-road price, you can plan your EMIs effectively. Choosing the right financing option ensures a smooth purchasing experience and offers better control over your long-term financial commitments.
Choosing a bike under ₹1 Lakh offers a perfect balance of performance, affordability, and practicality. Whether for daily commutes or weekend rides, there are plenty of options to suit your needs. By considering factors like fuel efficiency, engine capacity, and maintenance costs, you can make an informed choice. With flexible two-wheeler loans on Bajaj Markets, you can manage your purchase through convenient EMIs, making it even more accessible while keeping your finances in check.
Reviewer
Popular bikes under ₹1 Lakh include the Hero Splendor Plus, Honda SP 125, TVS Raider 125, and Bajaj Pulsar 125. These bikes are well-loved for their fuel efficiency, performance, and affordability, offering excellent value for daily commuting and long-term use.
The Hero Splendor Plus Xtec offers one of the best mileages under ₹1 Lakh, delivering up to 73 kmpl. Its fuel efficiency makes it an ideal choice for those looking to save on fuel costs while enjoying a reliable commuter bike.
The Honda SP 125 stands out as one of the best 125cc bikes, with a solid balance of performance and fuel efficiency, delivering 62 kmpl. It offers excellent build quality, comfort, and performance for both city and highway rides.
The Honda Shine is ideal for families under ₹1 Lakh, offering comfort, reliability, and a smooth ride. With a 123.94 cc engine and a mileage of 55 kmpl, it caters to both commuting and occasional family outings.
CC stands for "cubic capacity" and refers to the engine size of the bike. A higher cc generally indicates more power and better performance, with larger engines suited for faster speeds and long-distance rides.
Bike loan interest rates for bikes under ₹1 Lakh generally start at around 6% p.a. Rates may vary depending on the lender and your eligibility, such as income, credit score, and loan tenure.
To calculate the EMI for bikes under ₹1 Lakh, use an online EMI calculator by entering the loan amount, interest rate, and tenure. The calculator provides an estimated monthly repayment, helping you manage your budget effectively.
The Hero HF Deluxe, priced at ₹59,489 (ex-showroom), is one of the most affordable bikes under ₹1 Lakh. Known for its low maintenance and fuel efficiency, it’s an ideal choice for budget-conscious riders.
Yes, several new bikes under ₹1 Lakh are expected in the market, including updated models from Hero and Bajaj. Keep an eye on upcoming releases for new features and improved performance at affordable prices.
The Hero Splendor Plus offers the best value under ₹1 Lakh due to its durability, excellent mileage of 60-80 kmpl, and affordability. It’s a trusted choice for daily commuters and those looking for a low-cost, reliable bike.
The Bajaj Pulsar NS125 is one of the best sports bikes under ₹1 Lakh. It combines style, performance, and practicality with a 124.45 cc engine, delivering 46.9 kmpl and a top speed of 103 kmph. Ideal for those looking for a sporty ride.