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The Karizma ZMR is a flagship motorcycle from the Hero stable that was first launched in 2003 as ‘Karizma’. It has seen many facelifts since then. However, the Hero Karizma ZMR has now been discontinued. The bike is powered by a 223cc engine and the last recorded ex-showroom price of the Hero Karizma ZMR was ₹1.06 Lakh- 1.08 Lakh.


If you own a Hero Karizma ZMR or are thinking of purchasing one from the second-hand market, you must remember that it is vital to secure your bike with a Karizma ZMR bike insurance plan as soon as possible. This insurance plan will cover any unexpected repairs or major overhauls that your bike may need. 

Hero Karizma ZMR Variants

Before it was discontinued, the Karizma ZMR was available in two variants. Let’s take a look at these variants and the Hero Karizma ZMR insurance price in India:


Fuel Type

Ex-Showroom Price (Delhi)*

Proposed Third-Party Premium Rates (Rs.) FY 2022-23


            (effective 1st April, 2022)

Karizma ZMR 223cc


₹1.06 Lakh


Karizma ZMR STD


₹1.08 Lakh



*The ex-showroom prices are the last recorded prices.


~The Third-party insurance premium rates are indicative. The actual Hero Karizma ZMR insurance premium may differ depending on various factors. Kindly check the prevailing premium rates before buying your policy.

How to Buy Hero Karizma ZMR Insurance?

You can a Karizma ZMR insurance online at Bajaj Markets by following the steps mentioned below:

  1. Visit the ‘Bike Insurance Premium Calculator’ page on Bajaj Markets.

  2. Enter your Karizma ZMR’s registration number, your mobile number and other details in the application form.

  3. Check the various bike insurance plans available for your Karizma ZMR and choose one that suits your needs.

  4. Pay the Karizma ZMR bike insurance premium online.


That’s it! You will receive your two-wheeler insurance policy on your registered email ID.

How to Renew Hero Karizma ZMR Insurance?

You can renew your bike insurance online by following these simple steps:

  1. Visit the ‘Two-wheeler Insurance Renewal’ section on your bike insurance provider’s official website.

  2. Fill in all the required information like your bike’s registration number and your contact number.

  3. Give the details of your previous Karizma ZMR insurance policy.

  4. Check the renewal premium for your bike insurance policy.

  5. Complete the online premium payment.

  6. Download your renewed Karizma ZMR insurance policy.

Importance of Karizma ZMR Insurance

The Hero Karizma ZMR comes with a powerful engine. Hence, you need to be careful when riding the bike. Altogether, the bike offers a top-notch performance with due maintenance. But just like any other ride, it is still vulnerable to road accidents. The cost of repairing/replacing any damaged parts in such circumstances could be significant, going up to ₹10,000, or even more. Hence, it is important to get your bike secured with a bike insurance plan that will cover you financially against mishaps, theft, or loss incurred due to natural and human-made disasters.

Types of Hero Karizma ZMR Insurance Plans

According to the Motor Vehicles Act of 1988, you must have an insurance policy for any two-wheeler you own. In general, there are two types of bike insurance plans in India:

  • Third-Party Bike Insurance

A third-party bike insurance plan is a basic plan that provides coverage only for the damages and injuries caused to any third party by your insured two-wheeler. This plan does not cover any damages caused to your own bike.

  • Comprehensive Bike Insurance

A comprehensive bike insurance policy provides extensive coverage as compared to third-party plans. This policy will cover both, third-party liabilities as well as damages to your own bike. However, due to its extensive coverage, a comprehensive bike insurance plan may cost more than a third-party cover.

What is Included in Hero Karizma ZMR Insurance?

As discussed earlier, third-party Karizma ZMR insurance only covers third-party injuries or damages caused by your insured bike. On the other hand, comprehensive bike insurance plans cover third-party liabilities and damages caused to your own bike due to natural or man-made calamities, accidents, theft, etc.

What is Not Included in Hero Karizma ZMR Insurance?

Some of the expenses that are not included in the bike insurance policies offered at Bajaj Markets are  normal usage and the resulting wear and tear on your vehicle, damage or harm caused by driving under the influence of intoxicants, damage due to war-like situations or foreign invasion, etc.

Add-On Covers for Your Hero Karizma ZMR Insurance

Add-on covers help you get a broader scope of coverage under your bike insurance plan. However, you must note that these add-on covers are only available with comprehensive Karizma ZMR insurance. Some of the common add-on covers in bike insurance are:

  • Personal Baggage Cover 

Covers personal belongings in the event of loss or damage.

  • Lock and Key Replacement Cover 

Covers the loss of your bike keys due to theft or any other reason.

  • Engine Protection Cover 

Covers engine damage caused due to leaks and water seepage damage.

  • Roadside Help 

Provides emergency roadside assistance like replacement of flat tyres, urgent fuel delivery, etc.

Things to Know Before Filing Hero Karizma ZMR Insurance Claim

The bike insurance claim process on Bajaj Markets is simple. Here, you can choose from two options to file your claim: a cashless claim or a reimbursement claim. 

  • Cashless Claim for Karizma ZMR Insurance

If you choose to file a cashless claim, you will have to get your damaged bike repaired at any network garage. Your insurance provider will then settle the repair/replacement expenses directly with the garage.

  • Reimbursement Claim for Karizma ZMR Insurance

Here, you have the option to get your damaged bike repaired at any garage of your choice. However, you will have to pay for the repair/replacement expenses out of pocket, and then file a reimbursement claim for these expenses against your bike insurance policy.


When filing a Hero Karizma ZMR insurance claim, you must present the following documents:

  • Copy of the Karizma ZMR insurance policy document

  • Vehicle information

  • Original invoices and receipts for repairs

  • Copy of FIR in case of accident or theft

  • Copy of driver’s licence

Read More

Tips to Reduce the Hero Karizma ZMR Insurance Cost

Here are some easy tips you can use to reduce your Hero Karizma ZMR bike insurance premium:

  • Compare Two-Wheeler Insurance Premiums

Compare the Karizma ZMR insurance premiums offered by various bike insurance providers before you choose a plan as per your needs.

  • Avoid Raising Insurance Claims for Minor Repairs

Your bike insurance renewal premium can go up if you file multiple insurance claims in a year. Hence, avoid filing claims for inexpensive and minor expenses.

  • Do Not Buy Too Many Add-On Covers

Adding too many add-on covers to your base policy can substantially increase your Karizma ZMR insurance cost. Hence, you must only opt for the add-on covers that are necessary for your bike.

Tips to Maintain Your Hero Karizma ZMR

Here are some important tips to keep your Hero Karizma ZMR in mint condition:

  • Lube the Chain

Lube the Karizma ZMR’s chain with a good chain lubricant regularly to ensure a smooth ride.

  • Follow the Service Schedule

Get your Karizma ZMR serviced regularly as per the manufacturer-recommended service schedule.

  • Check the Bike’s Engine

Remember to check your Karizma ZMR’s engine from time to time for any damage or leakages, and ride your bike at a steady speed to keep it running smoothly in the long run.

Hero Karizma ZMR Maintenance Cost

The estimated service cost for Hero Karizma ZMR for two years is ₹2,000. The first five services are free of cost. Here is the Hero Karizma ZMR service schedule: 

Hero Karizma ZMR Service Schedule



Hero Karizma ZMR Service Cost*

First Service




Second Service




Third Service




Fourth Service




Fifth Service




Sixth Service




*Disclaimer: These are indicative prices. The actual cost of maintenance of the Hero Karizma ZMR may vary and change from time to time.

About Hero Karizma ZMR

One of the top bike manufacturers in India – Hero, launched Karizma in the year 2003. Over the years, the Hero Karizma has been through several upgrades. The Hero Karizma ZMR is powered by a redesigned 223cc engine. Moreover, it has some fantastic features like clear lens turn indicators, a new yellow-black instrument cluster, and black alloy die-case wheels. Before it was discontinued, the Hero Karizma ZMR was offered in five colours – sports red, spotlight white, daring yellow, ebony grey, and power black.

Hero Karizma ZMR Specifications

Let’s take a look at the important Hero Karizma ZMR specifications:


Technical Specifications 


  • Displacement - 223cc 

  • Power - 20.25 PS @ 8000 rpm

  • No. of Cylinders - 1 

Fuel Tank Capacity

15.3 litres

Karizma ZMR Mileage (ARAI)

51 kmpl


Front - 276mm

Rear - 240mm 

Hero Karizma ZMR Weight


Note: The actual bike specifications may vary depending on the Hero Karizma ZMR variant.

Hero Karizma ZMR Features

Some of the key features of the Hero Karizma ZMR are:

  • Sporty LED Tail Light

  • Digital Speedometer

  • Digital Odometer

  • Digital Trip Meter

  • Fuel Gauge

  • Digital Tachometer

Hero Karizma ZMR On-Road Price Across Major Cities

Since the bike has been discontinued, the Hero Karizma ZMR on-road price is not available.

Wrapping Up

Like other Hero motorcycles, the Karizma ZMR is a sturdy bike with some great specs. Even though the Karizma ZMR is discontinued by the manufacturer, you can still find it in the second-hand bike market. So, if you decide to purchase the Hero Karizma ZMR, make sure that you secure it with adequate insurance coverage. With an easy online application process at Bajaj Markets, buying bike insurance is now a piece of cake. 

FAQs on the Hero Karizma ZMR Insurance

What is the Hero Karizma ZMR mileage?

The Hero Karizma ZMR provides a mileage of about 51 kilometres per litre.


What is the price of the Hero Karizma ZMR?

The last recorded Hero Karizma ZMR bike price is ₹1.06 Lakh-₹1.08 Lakh.

Does the Hero Karizma ZMR come with ABS?

No. The Karizma ZMR is not equipped with ABS.

How many cylinders does the Hero Karizma ZMR’s engine have?

The engine unit in the Hero Karizma ZMR comes with one cylinder.

Will the location of purchase impact my Karizma ZMR’s IDV?

Yes, the Insured Declared Value (IDV) of your Hero Karizma ZMR will be impacted based on the ex-showroom price of the motorcycle, which differs as per the location.

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