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Best Bike Under 2 Lakhs in India in 2026 

Explore the best bikes under 2 lakh in India in 2026. Compare prices, mileage, features, and specifications of top models to find the right bike for your needs.

Premium Starting ₹538*
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Last updated on: Jul 27, 2026

The high speed, effortless driving, and the thrill of the air ruffling through your hair make riding a bike more adventurous. Owning a bike brings forth a lot of advantages like fuel-efficient rides, low maintenance and repair costs, and ease of parking. Buying a bike is more affordable than a car and helps you save more due to the low costs of taxes & licensing. If you are a person who likes the thrill of wheels and is looking for the best bikes under 2 Lakhs, know more about the top-class models in this segment.

You should also know that insurance is a must-have when you own a bike. Bike insurance acts as a protective cover and shields you in case of accidents on the road. Insurance costs are also involved when you purchase a new bike or already own one. Therefore, you must know about bike insurance and its premiums before investing in a new bike. Knowing about two-wheeler insurance gives you a better understanding of the policies and protection cover offered.

Top 10 Best Bikes Under 2 Lakh in India in 2026 with Price List

Choosing the right bike under 2 lakh can be challenging, given the wide range of options available in India. To make it easier, here’s a curated list of the most popular models along with their ex‑showroom prices.

Model Ex‑Showroom Price

Mahindra Mojo

₹1,99,900

Royal Enfield Meteor 350

₹1,98,537

Honda H’ness CB350

₹1,96,239

KTM 200 Duke

₹1,85,606

Yamaha R15 V4

₹1,70,800

Bajaj Dominar 400

2,24,000

Suzuki Burgman Street EX

₹1,12,300

TVS Apache RTR 200 4V

₹1,52,000

Hero Xoom 160

₹1,36,000

Honda Goldwing Tour

₹39,20,000

Oben Rorr Evo

₹99,999

Revolt RV400 BRZ

₹1,02,250

Disclaimer 

The information on this page, including any “Top” or “Best” lists, is based on data from our Partner institutions and objective parameters such as interest rates, loan amounts, tenure, and other factual criteria. These lists are not exhaustive and do not cover the entire market. We do not claim that featured products are universally the best or suitable for everyone. Details are accurate as of the date shown and may change without notice. Rankings are for informational purposes only and do not constitute financial advice or personal recommendations. They should not be considered endorsements or guarantees of suitability. Bajaj Markets operates as a neutral marketplace and shall not be liable for any loss or damage arising from reliance on this information.

Mahindra Mojo

The base price of Mahindra Mojo starts at ₹1,99,900 in India. Equipped with best-in-class features, this powerful street-cum-touring bike is available in 4 different variants and four colours. The Mahindra Mojo is fitted with a powerful 294.72 cc engine of a BS6 emission standard. The engine develops a high power of 25.37 bhp, and the torque generated is 25.96 Nm. The other distinguishing features of Mahindra Mojo are front & rear disc brakes and an anti-locking braking system.

Features Information

Ex-showroom Price Range

₹1,99,900 onwards

Insurance Cost

Starting from ₹6,425 onwards

Engine Capacity

294.72 cc

Emission Type

BS6

Fuel Type

Petrol

Top speed

144 km/h

Transmission

6-speed manual

Fuel Tank Capacity

21 Litres

Royal Enfield Meteor 350

The Meteor 350 model of Royal Enfield is available in three variants- Fireball (Ex-showroom New Delhi price ₹1,98,537), Stellar, and the Supernova. The Meteor 350 is a cruiser bike having a bucket-shaped rider seat and a laid-back, comfortable riding posture. The raised handlebars balance the bike ergonomically.

It is fitted with a new generation J-series air-cooled, four-stroke, single-cylinder, and 2-valve SOHC fuel-injection type engine. This feature-rich bike generates a power of 20.2 bhp, rotating the wheels at 6100 rpm and producing a 27 Nm twisting force at around 4000 rpm. A 5-speed gearbox provides excellent acceleration taking the bike from 0 to 100 km/h in just 15 seconds. The advanced engine creates very-low vibrations, and you can easily ride this powerful bike without any prior Royal Enfield riding experience.

Features Information

Ex-showroom Price Range

₹1,98,537 onwards

Insurance Cost

Starting from ₹6,435 onwards

Engine Capacity

349 cc

Emission Type

BS6

Fuel Type

Petrol

Top speed

120 km/h

Transmission

5-speed manual

Fuel Tank Capacity

15 Litres

Honda H'ness CB350

It H'ness CB350 is a classic standard cruiser bike from Honda. The bike has a double-cradle type chassis to support this heavy engine bike. The H'ness CB350 offers an excellent balance & stability on all road types. Honda H'ness CB350 is fitted with a long-stroke, single-cylinder, 2-valve fuel-injected engine of 348 cc capacity. The 5-speed gearbox of this all-road bike is connected to the engine using an assist & slipper clutch, making the handlebar clutch lighter and easy to manoeuvre. H'ness CB 350 exhibits a powerful performance by accelerating from 0 to 100 km/h in 13 seconds.

Features Information

Ex-showroom Price Range

₹1,96,000 onwards

Insurance Cost

Starting from ₹6,435 onwards

Engine Capacity

348.36 cc

Emission Type

BS6

Fuel Type

Petrol

Top speed

130 km/h

Transmission

5-speed manual

Fuel Tank Capacity

15 Litres

KTM 200 Duke

Duke model of KTM comes in a single variant and two colours (orange and black). This feature-rich KTM bike is powered by a 199.5 cc engine that generates a power of 25.4 bhp and a torque of 19.5 Nm. Fitted with front & rear disc brakes and an anti-locking braking safety system for reliable safety. KTM has profoundly updated its new model by modifying the design and enhancing the fuel tank capacity. It is fitted with an LED DRL-based angular headlamp and has a sleek tail unit with a split-seat setup. This KTM bike is equipped with a single-cylinder, fuel-injection based engine, BS6-compliant. The engine produces a power of 24.6bhp and a torque of 19.3Nm.

Features Information

Ex-showroom Price Range

₹1,85,606 onwards

Insurance Cost

Starting from ₹6,400 onwards

Engine Capacity

199 cc

Emission Type

BS6

Fuel Type

Petrol

Top speed

142 km/h

Transmission

6-speed manual

Fuel Tank Capacity

13.5 Litres

Yamaha R15 V4

Yamaha YZF R15 V4 is a trendy sports bike under 2 lakhs. It comes in 5 variants with four different colours 9– Metallic Grey, Dark Knight, Racing Blue, and Metallic Red. The V4 of Yamaha YZF R15 is equipped with a 155 cc engine giving 18.1 bhp power and 14.2 Nm torque. To enhance the stopping potential, both the front and rear wheels have disc brakes, and it is fitted with an anti-locking braking system. Both the wheels have single discs and a dual-channel-based ABS safety net to assist the braking tasks. A side-stand-based engine cut-off feature is also provided to reduce accidents.

Features Information

Ex-showroom Price Range

₹1,70,800 onwards

Insurance Cost

Starting from ₹6,400 onwards

Engine Capacity

155 cc

Emission Type

BS6

Fuel Type

Petrol

Top speed

150 km/h

Transmission

6-speed manual

Fuel Tank Capacity

11 Litres

Bajaj Dominar 400

The Bajaj Dominar 400 is crafted as a premium sports-tourer, offering a commanding highway presence and an upright, comfortable riding posture. Built around a robust beam-type perimeter frame, it provides high-speed stability and agile handling across diverse road conditions. The bike is powered by a 349.13 cc liquid-cooled, single-cylinder DOHC engine that delivers an impressive 40.04 bhp of power and 33.2 Nm of peak torque. Mated to a 6-speed manual transmission equipped with an assist and slipper clutch, it provides precise gear shifts and eliminates rear-wheel hopping during quick downshifts.

Features Information

Ex-showroom Price Range

2,24,000 onwards

Insurance Cost

Starting from ₹6,800 onwards

Engine Capacity

349.13 cc

Emission Type

BS6 Phase 2

Fuel Type

Petrol

Top speed

155 km/h

Transmission

6-speed manual

Fuel Tank Capacity

13 Litres

Suzuki Burgman Street EX

The Suzuki Burgman Street EX is a premium, maxi-styled scooter tailored for effortless urban commuting and luxury styling. It features a long 1,285 mm wheelbase for excellent straight-line stability and a spacious floorboard that allows a flexible, relaxed riding position. Powered by a refined 124 cc, single-cylinder, air-cooled SOHC Suzuki Eco Performance (SEP) engine, it produces 8.4 bhp of power and 10.2 Nm of torque. Key updates include a 12-inch rear wheel, a Combined Brake System (CBS) for balanced stopping power, and a comprehensive digital instrument console featuring Bluetooth smartphone connectivity.

Features Information

Ex-showroom Price Range

₹1,12,300 onwards

Insurance Cost

Starting from ₹5,200 onwards

Engine Capacity

124 cc

Emission Type

BS6 Phase 2

Fuel Type

Petrol

Top speed

95 km/h

Transmission

CVT Automatic

Fuel Tank Capacity

5.5 Litres

TVS Apache RTR 200 4V

The TVS Apache RTR 200 4V stands out as a highly tech-loaded race machine in its segment, featuring sharp streetfighter styling and premium cycle parts. It comes built on a double-cradle split synchro stiff frame and is equipped with segment-first adjustable front suspension and multiple riding modes (Sport, Urban, and Rain). Under the tank is a lively 197.75 cc oil-cooled, 4-valve SOHC single-cylinder engine pushing out 20.53 bhp of maximum power and 17.25 Nm of torque. This fuel-injected motor is paired with a 5-speed gearbox featuring a high-performance slipper clutch and TVS SmartConnect Bluetooth telemetry.

Features Information

Ex-showroom Price Range

₹1,52,000 onwards

Insurance Cost

Starting from ₹6,100 onwards

Engine Capacity

197.75 cc

Emission Type

BS6 Phase 2

Fuel Type

Petrol

Top speed

127 km/h

Transmission

5-speed manual

Fuel Tank Capacity

12 Litres

Hero Xoom 160

The Hero Xoom 160 marks Hero's bold entry into the premium adventure-maxi scooter segment, highlighting rugged styling and a distinctive step-through design. It comes equipped with large 14-inch alloy wheels wrapped in block-pattern tyres for exceptional grip over rough terrains and bad city roads. Driving the scooter is a 156 cc liquid-cooled, 4-valve single-cylinder SOHC engine producing 14.6 bhp of power and 14 Nm of torque, optimised with an i3S silent start-stop system. It gets advanced tech like keyless ignition with a smart key, turn-by-turn navigation, and a single-channel ABS setup.

Features Information

Ex-showroom Price Range

₹1,36,000 onwards

Insurance Cost

Starting from ₹5,800 onwards

Engine Capacity

156 cc

Emission Type

BS6 Phase 2

Fuel Type

Petrol

Top speed

110 km/h

Transmission

CVT Automatic

Fuel Tank Capacity

7 Litres

Honda Goldwing Tour

The Honda Goldwing Tour is the ultimate luxury touring motorcycle, built specifically to offer unrivaled comfort and massive road presence over long continents. At its heart lies a mammoth 1,833 cc liquid-cooled, 24-valve horizontally-opposed flat-6 engine that delivers a silky-smooth 124.7 bhp and a staggering 170 Nm of peak torque. Power is delivered via a sophisticated 7-speed Dual-Clutch Transmission (DCT) supporting automatic electronic shifting and a reverse mode. It boasts flagship equipment including a double-wishbone front suspension, a 7-inch color TFT display with integrated Apple CarPlay/Android Auto, cruise control, and massive hard luggage panniers.

Features Information

Ex-showroom Price Range

₹39,20,000 onwards

Insurance Cost

Starting from ₹1,15,000 onwards

Engine Capacity

1,833 cc

Emission Type

BS6 Phase 2

Fuel Type

Petrol

Top speed

230 km/h

Transmission

7-speed Automatic (DCT)

Fuel Tank Capacity

21.1 Litres

Oben Rorr Evo

The Oben Rorr Evo is a high-performance electric streetfighter motorcycle designed to bridge the gap between premium performance and electric utility. It features an aggressive street design constructed around an innovative electric motorcycle platform with an optimised rider triangle. It is powered by a heavy-duty 9 kW IPMSM motor coupled with a 3.4 kWh LFP battery pack that utilises advanced MHX technology for two times higher heat resistance and longevity. The powertrain churns out a rapid 0–40 km/h sprint in just 3 seconds, complemented by a smart app featuring anti-theft tracking, geo-fencing, and remote diagnostics.

Features Information

Ex-showroom Price Range

₹99,999 onwards

Insurance Cost

Starting from ₹ 4,800 onwards

Battery Capacity

3.4 kWh

Motor Type / Output

IPMSM / 9 kW (Peak)

Fuel Type

Electric

Top speed

110 kmph

Riding Range

180 km (IDC)

Charging Time

0-80% in 1.3 Hours (Fast Charge)

Revolt RV400 BRZ

The Revolt RV400 BRZ is a commuter-focused electric sports motorcycle built to offer sustainable, practical mobility at an attractive price point. Featuring a sleek, lightweight profile and high 190 mm ground clearance, it is engineered to handle tight city traffic and bumpy roads with ease. It features a 3 kW mid-drive electric motor integrated with a 3.24 kWh lithium-ion battery pack protected with an IP67 water and dust resistance rating. The bike offers three riding modes (Eco, Normal, and Sport) along with a regenerative braking system, central locking, digital instrumentation, and an acoustic engine sound simulator.

Features Information

Ex-showroom Price Range

₹1,02,250 onwards

Insurance Cost

Starting from ₹4,900 onwards

Battery Capacity

3.24 kWh

Motor Type / Output

Mid-Drive / 3 kW

Fuel Type

Electric

Top speed

85 kmph

Riding Range

80 - 150 km per charge

Charging Time

0-100% in 4.5 Hours

Bike Loan & EMI for Bikes Under 2 Lakhs

When purchasing a bike under 2 Lakhs, many riders prefer financing options to make payments more manageable. Bike loan allows you to spread the cost over monthly installments, making ownership easier and more affordable.

  • Loan Availability: Most banks and NBFCs offer bike loans with flexible tenure options ranging from 12 to 60 months.

  • Interest Rates: Typically between 5.5%–11.20% p.a., depending on credit score, lender, and repayment period.

  • Down Payment: Usually, 5.5%-11.20% of the bike’s ex‑showroom price is required upfront.

  • EMI Calculation: Monthly installments are based on loan amount, tenure, and interest rate; online EMI calculators help estimate costs.

  • Eligibility: Applicants must be 18+, have a stable income, and provide KYC documents.

  • Documents Required: Aadhaar card, PAN card, income proof, and bank statements are commonly needed.

Conclusion

This exhaustive list of bikes under 2 Lakhs provides you with the outstanding two-wheelers in this price segment. An added protection in the form of two-wheeler insurance acts as your saviour in case of accidents. You can choose from the broad range of two-wheeler insurance policies available at Bajaj Markets that too at affordable premiums. The hassle-free and simplified online application process and claim settlement feature act as the cherry on the cake.

Check Best Bikes Under Different Price Ranges

Frequently Asked Questions (FAQs)

Which is the best bike under 2 Lakhs in India in 2026?

Yamaha YZF R15 V3 has the highest top speed among the bikes under 2 Lakhs.

The Hero Xtreme 125R stands out as the best mileage bike under 2 Lakhs, delivering a real-world fuel efficiency of approximately 66 km/l. It effectively combines commuter-focused fuel savings with a sharp, premium sports-bike design.

The on-road price for top bikes in the 2 Lakhs segment ranges from ₹1.45 Lakhs for the TVS Apache RTR 160 4V to ₹1.96 Lakhs for performance models like the Yamaha R15 V4, varying across different Indian states.

The TVS Raider 125 and Hero Xtreme 125R are the most affordable sporty commuter options in this bracket, with ex-showroom prices starting around ₹89,300, keeping their total on-road price well below ₹1.10 Lakhs.

For a bike costing around ₹1.50 Lakhs, the monthly EMI averages between ₹4,500 and ₹5,500. This is typically calculated assuming a standard 15% down payment, a 3-year repayment tenure, and an interest rate of 5.5%-11.20%.

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