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Selecting a bike from the wide range of models available in the market today that fits your budget can be a tedious task. However, if your budget is below ₹1.5 Lakhs, there are several options worth considering.

 

Models such as the TVS Apache RTR 160, Bajaj Avenger Cruise 220, Royal Enfield Hunter 350, and more come with an ex-showroom (Delhi) price under ₹1.5 Lakhs. These motorcycles offer a mix of performance, style, and value within this price range.

List of Bikes Under ₹1.5 Lakhs and Their Price

Here is a list of bikes currently available in India within a budget of ₹1.5 Lakhs:

Model

Ex-showroom Price (Delhi)

Honda SP 125

₹93,468

Bajaj Pulsar 125

₹85,677

Bajaj Freedom 125

₹89,997

Honda Unicorn

₹1,13,602

TVS Apache RTR 160

₹1,20,420

Revolt RV 400

₹1,42,950

Bajaj Avenger Cruise 220

₹1,45,331

Hero Xtreme 125R

₹96,425

Bajaj Pulsar NS125

₹1,01,050

TVS Apache RTR 200 4V

₹1,48,620

Royal Enfield Hunter 350

₹1,49,900

Disclaimer: The prices listed above are ex-showroom rates for Delhi and may vary by city and dealership. Please contact your nearest authorised dealer for the most up-to-date pricing and availability before making a purchase decision.

Specifications You Should Know

Here are the specifications of each of the above-mentioned models to help you compare and make an informed choice:

Honda SP 125

The Honda SP 125 is known for its fuel efficiency, contemporary styling, and practical features. It is a strong option for daily commuters seeking a reliable and comfortable ride. This model is among the top bikes under ₹1.5 Lakhs.

 

Key specifications:

Features

Information

Price (ex-showroom Delhi)

₹93,468

Engine Capacity

123.94 cc

Mileage

63 kmpl

Fuel Tank Capacity

11 litres

Kerb Weight

116 kg

Seat Height

790 mm

Bajaj Pulsar 125

The Bajaj Pulsar 125 is a stylish and efficient commuter bike. It blends modern features with a capable engine, making it suitable for both daily city rides and occasional longer journeys. It is also regarded as one of the top bikes available below ₹1.5 Lakhs.

 

Key specifications:

Features

Information

Price (ex-showroom Delhi)

₹85,677

Engine Capacity

124.4 cc

Mileage

50 kmpl

Fuel Tank Capacity

11.5 litres

Kerb Weight

140 kg

Seat Height

790 mm

Bajaj Freedom 125

The Bajaj Freedom 125 is an innovative and economical commuter bike. It features a unique CNG-petrol dual fuel system, making it the world’s first mass-produced CNG motorcycle—ideal for cost-conscious riders. It is considered one of the best bikes available under ₹1.5 Lakhs.

 

Key specifications:

Features

Information

Price (ex-showroom Delhi)

₹89,997

Engine Capacity

125 cc

Mileage

91 kmpl

CNG Tank Capacity

330 km

Kerb Weight

149 kg

Seat Height

825 mm

Honda Unicorn

The Honda Unicorn is a reliable and efficient commuter bike. With a refined engine and comfortable riding dynamics, it is designed to offer a smooth and hassle-free experience for daily travel. It stands out as a practical option within the ₹1.5 Lakhs budget.

 

Key specifications:

Features

Information

Price (ex-showroom Delhi)

₹1,13,602

Engine Capacity

162.71 cc

Mileage

52.5 kmpl

Fuel Tank Capacity

13 litres

Kerb Weight

140 kg

Seat Height

798 mm

TVS Apache RTR 160

The TVS Apache RTR 160 is a sporty and powerful commuter bike. With advanced features and strong performance, it is built to offer an engaging and dynamic riding experience. It remains a popular choice among bikes available under ₹1.5 Lakhs.

 

Key specifications:

Features

Information

Price (ex-showroom Delhi)

₹1,20,420

Engine Capacity

159.7 cc

Mileage

61 kmpl

Fuel Tank Capacity

12 litres

Kerb Weight

137 kg

Seat Height

790 mm

Revolt RV 400

The Revolt RV 400 is a modern electric bike equipped with advanced features. Its sleek design and smart technology make it well-suited for urban commuting. It is one of the notable electric options available under ₹1.5 Lakhs.

 

Key specifications:

Features

Information

Price (ex-showroom Delhi)

₹1,42,950

Motor Power

4.1 kW

Range

150 km

Kerb Weight

115 kg

Seat Height

815 mm

Bajaj Avenger 220 Cruise

The Bajaj Avenger 220 Cruise is a budget-friendly cruiser bike. It offers a relaxed riding posture with its low-slung seat and upright handlebars. Equipped with features like the DTS-i FI engine and single-channel ABS, it stands out as a strong option for those seeking a cruiser under ₹1.5 Lakhs.

 

Key specifications:

Features

Information

Price (ex-showroom Delhi)

₹1,45,331

Engine Capacity

220 cc

Mileage

38.5 kmpl

Fuel Tank Capacity

13 litres

Kerb Weight

163 kg

Seat Height

737 mm

Hero Xtreme 125R

The Hero Xtreme 125R is a stylish commuter bike that blends performance with efficiency. With a responsive engine and comfortable ergonomics, it caters well to riders seeking an everyday bike under ₹1.5 Lakhs.

 

Key specifications:

Features

Information

Price (ex-showroom Delhi)

₹96,425

Engine Capacity

124.7 cc

Mileage

66 kmpl

Fuel Tank Capacity

10 litres

Kerb Weight

136 kg

Seat Height

794 mm

 

Bajaj Pulsar NS125

The Bajaj Pulsar NS125 is a compact yet sporty commuter bike, offering a good balance of style, performance, and practicality. It is a suitable option for riders looking for a reliable motorcycle under ₹1.5 Lakhs.

 

Key specifications:

Features

Information

Price (ex-showroom Delhi)

₹1,01,050

Engine Capacity

124.45 cc

Mileage

46.9 kmpl

Fuel Tank Capacity

12 litres

Kerb Weight

144 kg

Seat Height

805 mm

TVS Apache RTR 200 4V

The TVS Apache RTR 200 4V is a street-naked motorcycle, designed for riders who enjoy both city rides and occasional off-road adventures. Built on a synchro-stiff chassis, it offers improved handling and sharp cornering, making it easy to manoeuvre through varying road conditions. It is considered one of the most durable and capable bikes under rupees 1 Lakh 50 Thousand.

 

Key specifications:

Features

Information

Price (ex-showroom Delhi)

₹1,48,620

Engine Capacity

197.75 cc

Mileage

37 kmpl

Fuel Tank Capacity

12 litres

Kerb Weight

152 kg

Seat Height

800 mm

Royal Enfield Hunter 350

The Royal Enfield Hunter 350 offers a balance of power and modern features within a budget of ₹1.5 Lakhs. As an entry-level model from the iconic motorcycle brand, it comes equipped with a robust 349.34 cc engine. Additional features include tubeless alloy tyres, a USB charging port, and a digi-analogue instrument cluster.

 

Key specifications:

Features

Information

Price (ex-showroom Delhi)

₹1,49,900

Engine Capacity

349.34 cc

Mileage

36.2 kmpl

Fuel Tank Capacity

13 litres

Kerb Weight

177 kg

Seat Height

790 mm

Disclaimer:  The specifications listed above are based on the latest available data as of March 2025 and may be subject to change. Actual performance, features, and prices can vary depending on market conditions, location, and manufacturer updates. Please verify all details with official sources or authorised dealerships before making a purchase decision.

How to Choose a Bike Under ₹1.5 Lakhs

Here’s how you can identify the right bike under ₹1.5 Lakhs based on practical factors that truly matter:

Set a Realistic Budget

Factor in the on-road price, which includes registration, insurance, and accessories. This gives a clearer picture of the total cost of ownership.

Define the Purpose

Identify whether you need the bike for daily commuting, long-distance travel, or occasional rides. It helps shortlist models that match your riding needs.

Balance Mileage and Performance

Fuel efficiency is important for daily use, but performance matters if you ride longer distances. Choose a model that offers the right mix for your usage.

Check Key Features

Look for useful features like ABS, digital instrument clusters, and connectivity options. Prioritise the ones that suit your riding habits.

Evaluate Comfort and Ergonomics

Consider seat height, riding posture, and suspension setup. A comfortable bike enhances your riding experience, especially on longer routes.

Review Safety Aspects

Ensure the bike includes essential safety features such as ABS and quality tyres. These improve control and reduce the risk of accidents.

Understand Maintenance Needs

Go for models known for low maintenance and a strong service network. This helps keep running costs in check over time.

Test Ride Before Buying

A test ride gives you a sense of comfort, handling, and braking. It also helps confirm if the bike meets your expectations on the road.

Emerging Trends in Bikes Under ₹1.5 Lakhs

Here are the key trends shaping the latest bikes under ₹1.5 Lakhs in India, helping you stay informed before making a purchase:

Electric Bikes

Electric bikes are gaining traction in the under ₹1.5 Lakhs segment, thanks to their low running costs and eco-friendly design. The Revolt RV 400 is a leading option in this category, offering smart features, good range, and a modern aesthetic tailored for city use.

CNG Bikes

CNG-powered two-wheelers are a recent innovation in the Indian market. The Bajaj Freedom 125, with its dual fuel system, stands out as the world’s first mass-produced CNG motorcycle—offering a sustainable and economical commuting alternative.

Sporty Commuters

Sporty styling and punchy performance are no longer limited to high-end bikes. Models like the TVS Apache RTR 160, TVS Apache RTR 200 4V, and Bajaj Pulsar NS125 combine aggressive design with responsive engines, appealing to younger riders who want both style and substance on a budget.

Connected Features

Smart technology is making its way into affordable bikes, enhancing both convenience and safety. The Royal Enfield Hunter 350, for instance, includes a digi-analogue instrument cluster and USB charging port—features once limited to premium segments.

Steps to Get Financing for a Bike Under ₹1.5 Lakhs

Financing a new bike has become simple with accessible two-wheeler loan options. Follow these steps to get started:

  1. Research and compare lenders offering competitive interest rates on two wheeler loan and flexible repayment terms

  2. Check the bike loan eligibility criteria, including age, income level, employment status, and credit score

  3. Use a two-wheeler loan EMI calculator to estimate monthly instalments and choose a suitable loan tenure

  4. Gather the necessary documents such as identity proof, address proof, income proof, and bank statements

  5. Submit your loan application online through the lender’s website or offline at a dealership or branch

  6. Upon approval, the loan amount is disbursed directly to the dealer, reducing the need for upfront payment

FAQs

What are the best bikes under ₹1.5 Lakhs?

The best bike under ₹1.5 Lakhs depends on your riding needs and preferences. However, popular choices under ₹1.5 Lakhs include the Royal Enfield Hunter 350 for style and power, the TVS Apache RTR 160 for sporty performance, and the Honda Unicorn for reliable commuting.

Which bike under ₹1.5 Lakhs offers the best mileage?

The Bajaj Freedom 125 stands out with one of the highest mileage figures in this price range. Its dual fuel system delivers impressive fuel efficiency, making it an economical option for daily use.

Which is the most expensive bike under ₹1.5 Lakhs?

Among the bikes in this segment, the Royal Enfield Hunter 350 is priced at ₹1,49,900 (ex-showroom, Delhi), making it one of the most premium options under ₹1.5 Lakhs.

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