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Best Bikes Under 2 Lakhs in India

  • Author :
  • TATA AIG Team
  • Last Updated On :
  • 08/08/2023

Bikes or motorcycles are the most convenient, compact, and fastest vehicles for daily commuting. No matter if you’re living in a metro city or a Tier II city, you can find it easy to cut through the peak hour traffic on your bike and reach your destinations on time.

However, when you go out to purchase a bike, there are several decisions that you need to make. You need to decide on the brand, colour, design, features, mileage, engine capacity, and most importantly, your budget. When we talk about budget, it’s the on-road price of the bike we are talking about. The on-road price includes the road tax and the insurance for 2-wheelers.

[Note: Premiums for bike insurance policy can vary with the engine capacity. Higher engine capacity bikes can have higher bike insurance policy premiums.

The Indian two-wheeler market is vast and varied. Hence, it’s very crucial to be precise with your requirements and budget. In this article, we have listed some of the best bikes in India under 2 lakhs. This list includes cruiser bikes, retro bikes, and the best sports bikes under 2 lakhs. Here we go.

Best Bikes Under 2 Lakhs

Below is the list of best bikes under 2 lakhs in India. You can read and explore various options in this list to know more about their prices, features, mileage, and technical specifications. You can also check their images, videos, user reviews, and more. You can even compare different bikes under 2 lakhs to determine the right choice for yourself.

  • Yamaha MT-15 Version 2.0

Yamaha has been one of the most trusted brands globally when it comes to bikes and scooters. They are mainly known for manufacturing stylish and sporty-looking motorcycles with powerful engines. Yamaha MT-15 Version 2.0 is one such motorcycle with a 155-cc single-cylinder liquid-cooled engine that can produce a maximum power of 18.4 PS at 10,000 RPM and a maximum torque of 14.1 Nm at 7,500 RPM.

Yamaha MT-15 Version 2.0 sports LED Daytime Running Lights (DRLs) along with an LED projector headlight and an LED tail-lamp. There is a fully-digital instrument console with Bluetooth connectivity support. This bike comes in a single variant, but four colour options and the ex-showroom pricing of this bike in India starts from ₹1.62 lakh.

  • Yamaha R15 V4

This is another Yamaha bike on our list of the best bikes below 2 lakhs in India. In India, the R15 V4 is hands down the best sports bike under 2 lakh. Immensely popular among youngsters and enthusiasts alike, the R15 V4 derives its genes from its eldest sibling, Yamaha YZF R1, a litre-class super sports bike. The all-new Yamaha YZF R15 V4 features the same 155-cc engine as that of the Yamaha MT-15, but it comes with USD forks.

The Yamaha R15 V4 also features a fully-digital instrument console with Bluetooth connectivity. You can watch your call lists, SMSs, phone battery status, and even get a turn-by-turn navigation. The bike is equipped with two display modes – Street Mode and Race Mode. It comes in two variants and five attractive colour options, and its ex-showroom pricing in India starts from ₹1.78 lakhs. For all sports bike lovers, Yamaha R15 V4 is the best bike under 2 Lakh India has to offer.

  • Royal Enfield Classic 350

Popularly known as “Bullet” among consumers, these Royal Enfield bikes are a rage among bike lovers across the world. Known for the retro looks, powerful engines, and thundering sound, Royal Enfield bikes need no introduction.

The Royal Enfield Classic is one of the basic yet powerful Royal Enfield bikes. It comes with a mighty 349-cc engine and a 5-speed manual gearbox. There is an analogue speedometer for the retro look, along with an LCD screen that displays the odometer reading, clock, and fuel gauge. The ex-showroom price of this bike in India starts from ₹1.90 lakh. If you are a motorcycle tourer, the Royal Enfield Classic 350 can be the best bike under 2 Lakh in India for you.

  • TVS Apache RTR 200 4V

This is the first TVS bike on our list of best bikes in India under 2 lakhs. Since its launch in 2006, the TVS Apache series has been a huge success in India, owing to its stylish looks and powerful engines. The recently-launched TVS Apache RTR 200 4V is powered by a 197-cc single-cylinder fuel-injected BS6 engine that can deliver a maximum power of 20.82 bhp and 17.25 Nm torque.

One of the USPs of this bike is the Glide Through Traffic (GTT) feature, which allows you to enhance your torque for hassle-free riding in heavy metro traffic. Its features include an adjustable clutch, brakes, suspensions, a fully-digital LCD instrument console with Bluetooth connectivity, and multiple riding modes.

At ₹1.44 lakhs ex-showroom, this may not be the best sports bike under 2 Lakh, but definitely, one of the best commuter bikes under 2 Lakhs in India that surely has a sporty appeal.

  • Bajaj Pulsar NS 200

The Bajaj Pulsar NS 200 is one of the most powerful bikes on this list of best bikes under 2 lakhs. It comes with a powerful 199-cc engine that can deliver a maximum power of 24.5 bhp and a maximum torque of 18.5 Nm. The BS-6 compliant engine now has a fuel-injected motor that can produce a mileage of 40.84 KMPL as per the user reviews.

The braking on this powerful motorcycle is done via a 300 mm front disc and a 230 mm rear disc. The design is very sporty, and you can choose from four attractive colour options – Wild Red, Fiery Yellow, Mirage White, and Graphite Black. The ex-showroom price of the BS6 Bajaj Pulsar NS 200 starts from ₹1.35 lakh.

  • KTM 200 Duke

After the Bajaj Pulsar NS 200, the KTM 200 Duke is another powerful sports bike in this list of best bikes under 2 lakhs in India. It comes with a 199-cc liquid-cooled, 4-valve engine motor that can deliver a maximum power of 25 PS at 10,000 RPM and a maximum torque of 19.2 Nm at 8000 RPM. There is a six-speed gearbox for comfortable riding on highways.

The KTM 200 Duke comes with WP suspension with upside-down forks and an adjustable mono-shock. Braking is done via a 300 mm front disc and a 230 mm rear disc. It has a sharp and attractive design, featuring LED DRLS, LED tail lamps, and LED indicator lights. The KTM 200 Duke comes in only one variant, and its ex-showroom price in India starts from ₹1.88 lakhs.

Best Bikes Under 2 Lakhs in India Prices at a Glance

Here is the list of the prices of the best bikes in India under 2 lakhs:

Model Ex-showroom prices in India*
Yamaha MT-15 Version 2.0 ₹1.62 lakhs
Yamaha R15 V4 ₹1.78 lakhs
Royal Enfield Classic 350 ₹1.90 lakhs
TVS Apache RTR 200 4V ₹1.44 lakhs
Bajaj Pulsar NS 200 ₹1.35 lakhs
KTM 200 Duke ₹1.88 lakhs

To Conclude

Our list of best bikes below 2 lakhs in India consists of several options across multiple brands. They primarily vary in terms of pricing, looks, and engine capacity, while features in all of them are more or less similar. You can browse across these options and research well for user reviews and specifications before making a final choice.

While you purchase your new bike, don’t forget to buy your insurance for a 2-wheeler from Tata AIG. In case you have a bike insurance policy that will be invalid in the next 60 days, you can easily opt for bike insurance renewal online from Tata AIG. It’s a hassle-free process. Moreover, you can compare two-wheeler insurance online and choose the best policy as per your precise requirements.


Disclaimer: *All the bike prices and other information listed above pertain to a specific city and vehicle model. Since this information is subject to change, it is advisable to check the latest information before purchasing a vehicle or an insurance policy.


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