Things you must remember before buying a new bike under ₹2 lakh in India. This price bracket has a range of motorcycles, starting from fuel-efficient commuters, sporty streetfighters, and retro-styled cruisers to performance-oriented motorcycles. Be it a bike that you want to ride to and from work on a daily basis, a motorcycle for weekends on highways or a head-turning machine, there are quite a few options to choose from, which are also reliable. Most new motorcycles in this price range have features like ABS, digital instrument clusters, LED lights, and smooth engines. In this guide, we take a look at the top 10 best bikes under 2 lakh and the best motorcycle for you based on performance, comfort, mileage and value for money.
Best Bike Under 2 Lakh Price
| Bike Model | Approx On-Road Price |
| Hero Xtreme 125R | ₹1.04 L |
| Royal Enfield Hunter 350 | ₹1.60 L |
| Royal Enfield Bullet 350 | ₹1.87-1.94 L |
| Bajaj Pulsar N160 | ₹1.33 L |
| Yamaha MT-15 V2 | ₹1.83-1.84 L |
| Yamaha R15 V4 | ₹1.98-1.99 L |
| TVS Ronin | ₹1.47-1.53 L |
| Honda SP 125 | ₹1.01-1.03 L |
| TVS Apache RTR 160 | ₹1.33 L |
| Bajaj Pulsar NS200 | ₹1.59-1.64 L |
1. Hero Xtreme 125R

The Hero Xtreme 125R is a commuter-sport bike that offers the best of both worlds for riders looking for style and efficiency, and at a price in line with just under ₹2 lakh. The motorcycle boasts an aggressive and muscular styling, LED lights, as well as an upright posture for daily riding. Smooth and efficiency is makes this engine great for city traffic with high mileage on this low 125cc mill. Good suspension and lightweight handling mean you never have to worry on Indian roads. With a low ownership and running cost and Hero’s extensive service network, it is a smart choice for those looking for an affordable but sporty motorcycle for daily riding.
2. Royal Enfield Hunter 350

Royal Enfield Hunter 350 Equipped with a 349cc engine, it delivers robust low-end torque along with an easygoing riding vibe. On highways, the bike is stable but easy to handle in stop-go traffic. It is more approachable compared to other Royal Enfield models thanks to its small design. The refined engine performance coupled with solid build quality and a classic design makes the Hunter 350 one of the best looking bikes under ₹2 lakh ideal for cities as well as touring.
3. Royal Enfield Bullet 350

The Royal Enfield Bullet 350 is an iconic motorcycle on Indian roads. With its growing legacy and signature rumbling engine, it is designed for riders of all generations. Refinement and ride quality is also said to have improved over the last version. The seating position is relaxed making it ideal for long rides. The least fuel efficient, but it’s road presence and build quality puts it on top again. Even today, the Bullet 350 still stands as one of the best options for riders looking for heritage, reliability and a timeless motorcycle under ₹ 2 lakh.
4. Bajaj Pulsar N160

Bajaj Pulsar N160 is precisely balanced bike with power, comfort and youthful design. It provides seamless acceleration on the front of the 160cc engine with decent fuel economy. It comes equipped with dual-channel ABS, which offers added safety, especially during emergency braking situations. It rides easily over city roads and highways with a comfortable seat and a plush suspension. With its sporty DNA and practical ergonomics, this Pulsar is among the best mid-cap offerings under ₹2 lakh for anyone looking for performance and also does casual rides comfortably.
Read Also: Bajaj Pulsar N150 Price, Mileage, Features and Safety
5. Yamaha MT-15 V2

Price: Rs 1,59,900 (ex-showroom, Delhi)The MT-15 V2 is a premium streetfighter for aggressive styling and sharp handling lovers out there. Powered by a liquid-cooled motor sourced from the R15, it makes a lot of power and is highly refined. Its featherweight chassis makes it stupidly nimble, ideal for urban riding as well as the backroads. You do get great mileage for a big bike, but performance and ride quality are where the bike strikes gold. The MT-15 V2 is a great choice if you are looking for a naked bike with a sporty and modern character under ₹2 lakh with Yamaha reliability.
6. Yamaha R15 V4

The R15 V4 is the most performance-centric motorcycle you can buy for this price. Key highlights include a full-fairing design, advanced electronics as well as track-focused riding dynamics. The engine is very refined and pulls well at the top-end. It also misses out on features like traction control and quick-shifter (in particular variants). Fairly aggressive and track-focused, but perfect for those interested more in performance and handling. If you have a budget of less than ₹2 lakh and wish to own a motorcycle that feels as if it is from the track, the R15 V4 is second to none.
7. TVS Ronin

TVS RoninThe TVS Ronin is a retro-style motorcycle with a twist. That upright riding position is great around town, and fine on the highway for short stretches. The engine is smooth, and peppy too, with plenty of low down torque. The experience is further accentuated with features like digital instrumentation and riding modes. Somewhere in between a traditional commuter and a sport bike lies the Ronin, which suits a rider looking for something new. All these traits and more make it a wonderful everyday and weekend warrior, and one of our top bikes under ₹2 lakh.
Read Also: TVS Apache 125cc Price, Mileage, Features and Performance
8. Honda SP 125

Meet Honda SP 125, a very cool and fuel-efficient motorcycle which meets all your daily commuting needs. The engine is also sophisticated, providing smooth performance and good mileage. Its lightweight design makes it convenient to pass through heavy traffic and the comfortable seat ensures a great seating stance. It also gets the famed Honda build quality and service cost marquee value. It is not as sporty as it could be but makes up for it all through practicality and functionality. So, the SP 125 is a solid proposition for the riders out there looking for a reliable bike for under-₹2 lakh budget that has very low running costs.
9. TVS Apache RTR 160

TVS Apache RTR 160 is offered with a sporty performance and racing pedigree. It has crisp throttle response, handling, and a comfortable riding position. Its engine strikes a fair balance between power and efficiency, making it equally capable for city rides as well as the highways. Ride quality is also improved through features like the digital display and refined suspension. Apache has a lot of loyal fan base owing to the reliability and performance. For those who ride hard, it is still one of the top bikes under ₹2 lakh.
10. Bajaj Pulsar NS200

Bajaj Pulsar NS200The Pulsar NS200 is the most powerful street bike money can buy. The engine is 200cc and has a solid performance and thus can be as usefull in highway touring and flickable riding too. The bike packs in a sporty looking design, a stable chassis and comfortable ergonomics. The mileage is average, but the performance and reliability compensate. If you want a powerful and aggressive motorcycle for less than ₹2 lakh, the Pulsar NS200 is a stalwart in the Indian motorcycle market.
Final Thoughts: Best Bike Under 2 Lakh
Which is the best bike under 2 lakh completely depends upon your individual riding requirements and preference. If mileage, and daily commuting is what you are looking for, 125cc and 160cc heroes are your best bet. Performance-oriented folks will consider options like the Yamaha R15 V4 and Pulsar NS200. For retro lovers, the Royal Enfield models are safe bets while the TVS Ronin will be a good option for those looking for comfort and versatility. There are a lot of great options around and this segment has got something for every kind of rider in the Indian market.

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