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Get the latest prices, features, and specifications of bikes available under 1.5 Lakhs in India 2026.
Last updated on: Jul 27, 2026
Choosing the right bike from today’s crowded market can feel overwhelming, especially when you’re working with a fixed budget. If you’re looking to spend under 1.5 lakh, though, there are several strong contenders to explore.
Popular options like select variants of the TVS Apache RTR 160, Bajaj Avenger Cruise 220, and Royal Enfield Hunter 350 are all priced below 1.5 lakh (ex-showroom, Delhi). These models strike a balance between performance, style, and value, making them appealing choices for riders who want a capable motorcycle without overshooting their budget.
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.
Here are the specifications of each of the above-mentioned models to help you compare and make an informed choice:
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 |
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 |
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 |
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 |
The TVS Apache RTR 160 is a sporty, performance-focused commuter motorcycle designed for riders who enjoy a spirited ride every day. Its advanced features and responsive engine deliver a lively, engaging riding experience, making it stand out in the 160cc segment. Thanks to its balance of power, style, and affordability, it remains one of the most popular options among bikes priced under 1.5 lakh.
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 |
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 |
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 |
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 |
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 |
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 |
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 publicly available information 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.
Engine capacity options
Range from around 125cc commuter bikes to more powerful 200cc and 350cc models.
Allow riders to choose between fuel efficiency and higher performance.
Mileage and running costs
Multiple models focus on high fuel efficiency for daily commuting.
Help keep long‑term running and maintenance costs under control.
Comfort and practicality
Kerb weight and seat height vary across models to suit different rider builds.
Designed for comfortable posture and easy handling in city traffic and longer rides.
Variety of body styles
Includes commuters, sporty street bikes, cruisers, and an electric motorcycle.
Gives buyers flexibility to pick a style that matches their usage and preferences.
Modern features and technology
Many bikes come with advanced features such as refined engines, updated design, and contemporary equipment.
Cater to riders looking for a balance of performance, efficiency, and modern convenience.
In 2026, several bikes under 1.5 lakh stand out for high fuel efficiency, low maintenance, and commuting‑friendly power delivery. These models are ideal for students, professionals, and fleet use where mileage and cost‑of‑running matter more than outright performance.
| Model Name (%YEARYEAR%) | Engine (cc) | Approx. Mileage (km/l) | Approx. On‑Road Price (₹) | Key Highlights |
|---|---|---|---|---|
Honda SP 125 |
123.94 |
63 |
~1.05–1.10 lakh |
Fuel‑efficient commuter, modern styling, comfortable for daily use |
Bajaj Pulsar 125 |
124.4 |
50 |
~95,000–1.05 lakh |
Sporty design, proven Pulsar branding, suitable for city and short highway runs |
Bajaj Freedom 125 |
125 |
91 (CNG, claimed) |
~1.00–1.10 lakh |
CNG‑petrol dual‑fuel system, very low running cost, ideal for budget commuters |
Honda Unicorn |
162.71 |
52.5 |
~1.25–1.30 lakh |
Refined engine, comfortable suspension, practical for longer city commutes |
TVS Apache RTR 160 |
159.7 |
61 |
~1.35–1.40 lakh |
Sporty performance, sharp styling, good balance of power and efficiency |
Revolt RV 400 |
Electric |
150 km range |
~1.55–1.65 lakh |
Electric motorcycle, low running and maintenance costs, feature‑rich for city use |
Bajaj Avenger Cruise 220 |
220 |
38.5 |
~1.65–1.75 lakh |
Affordable cruiser, relaxed ergonomics, suited for comfortable highway cruising |
Hero Xtreme 125R |
124.7 |
66 |
~1.05–1.15 lakh |
High claimed mileage, sporty styling, focused on youth commuters |
Bajaj Pulsar NS125 |
124.45 |
46.9 |
~1.15–1.25 lakh |
Sporty naked design, agile handling, good for city riders wanting performance |
TVS Apache RTR 200 4V |
197.75 |
37 |
~1.70–1.80 lakh |
Performance‑oriented street‑naked, advanced features, strong for spirited riding |
Royal Enfield Hunter 350 |
349.34 |
36.2 |
~1.85–1.95 lakh |
Entry‑level Royal Enfield, torquey engine, modern‑classic styling |
Disclaimer: Prices may vary depending on region, model, and current offers. Always refer to the official website or authorised retailers for the latest pricing.
Here’s how you can identify the right bike under 1.5 Lakhs based on practical factors that truly matter:
Factor in the on-road price, which includes registration, insurance, and accessories. This gives a clearer picture of the total cost of ownership.
Identify whether you need the bike for daily commuting, long-distance travel, or occasional rides. It helps shortlist models that match your riding needs.
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.
Look for useful features like ABS, digital instrument clusters, and connectivity options. Prioritise the ones that suit your riding habits.
Consider seat height, riding posture, and suspension setup. A comfortable bike enhances your riding experience, especially on longer routes.
Ensure the bike includes essential safety features such as ABS and quality tyres. These improve control and reduce the risk of accidents.
Go for models known for low maintenance and a strong service network. This helps keep running costs in check over time.
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.
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 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-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 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.
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.
Financing a new bike has become simple with accessible two-wheeler loan options. Follow these steps to get started:
Research and compare lenders offering competitive interest rates on two-wheeler loans and flexible repayment terms
Check the bike loan eligibility criteria, including age, income level, employment status, and credit score
Use a two-wheeler loan EMI calculator to estimate monthly instalments and choose a suitable loan tenure
Gather the necessary documents, such as identity proof, address proof, income proof, and bank statements
Submit your loan application online through the lender’s website or offline at a dealership or branch
Upon approval, the loan amount is disbursed directly to the dealer, reducing the need for an upfront payment
Reviewer
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.
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.
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.
The on‑road price of popular bikes under 1.5 lakh in India generally starts at around ₹85,000 and can go up to approximately 1.5 lakh, depending on the city, model, and variant. Within this band, models such as the Honda SP 125, Bajaj Pulsar 125, Bajaj Freedom 125, Honda Unicorn, TVS Apache RTR 160, and Hero Xtreme 125R offer good value with a mix of performance, mileage, and features.
For daily commuting under 1.5 lakh, bikes like the Honda SP 125, Bajaj Pulsar 125, Bajaj Freedom 125, Honda Unicorn, Hero Xtreme 125R, and Bajaj Pulsar NS125 stand out. These models offer comfortable ergonomics, good fuel efficiency, and practical features, making them suitable for office commuters, students, and riders tackling regular city traffic.
Yes, there is at least one notable electric bike in this price range mentioned on the page: the Revolt RV 400. It offers a claimed range of around 150 km per charge and comes with modern features, making it a practical choice for urban riders looking to reduce fuel costs and switch to an electric two‑wheeler.
Yes, most banks and NBFCs provide two‑wheeler loans for bikes under 1.5 lakh and may finance a large portion of the bike’s cost, subject to their policies. The exact loan amount, interest rate, and tenure depend on factors such as your income, credit profile, and documentation, so it is advisable to compare offers from multiple lenders or check with the dealer’s partnered financiers before finalising your purchase.
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