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Overview of the Best Bikes Under ₹ 2 Lakh

Finding a stylish bike under 2 Lakh that also delivers on performance and comfort can seem daunting. Yet, India’s market offers a wealth of options, from retro cruisers to sporty commuters.

Whether you’re seeking a good looking bike under 2 Lakh for city rides, a best bike for long drive under 2 Lakh that won’t fatigue you on highways, or a most powerful bike under 2 Lakh to satisfy your need for speed, this guide has you covered.

We’ve shortlisted top models and laid out clear specs, so you can easily compare and choose your dream ride.

Top Stylish and Good Looking Bikes Under ₹ 2 Lakh

These models blend eye-catching design with solid performance, making them go-to picks for those seeking flair on two wheels.

  1. Royal Enfield Hunter 350
  2. Suzuki Gixxer SF
  3. Yamaha FZ 25
FeatureRoyal Enfield Hunter 350Suzuki Gixxer SFYamaha FZ 25
Engine349 cc single-cylinder, air & oil cooled155 cc single-cylinder, air-cooled FI249 cc single-cylinder, air-cooled, BS6
Power20.4 PS 13.6 PS20.8 PS
Torque27 Nm13.8 Nm20.1 Nm
Gearbox 5-speed5-speed5-speed
Cluster Semi-digital with tripper podFully digitalDigital
Suspension Telescopic forks, dual-shockTelescopic forks, rear swing armTelescopic forks, preload-adjustable mono-shock
Brakes Front disc, rear drum, ABSFront & rear disc, single-channel ABSFront & rear disc, dual-channel ABS

Best Bikes for Long Drives Under ₹ 2 Lakh

When covering hundreds of kilometres, comfort and fuel efficiency matter most. Consider these tour-friendly machines:

  1. Royal Enfield Hunter 350 – Relaxed riding posture, decent fuel economy (36.2 kmpl) and sturdy build.
  2. Royal Enfield Classic 350 – Iconic cruiser feel, comfortable seat and 35 kmpl real-world mileage.
  3. Yamaha MT-15 V2 – Sporty ergonomics with surprisingly honest comfort for longer hauls.
FeatureHunter 350Classic 350MT-15 V2
Engine349 cc single-cyl.349 cc single-cyl.155 cc liquid-cooled
Mileage 36.2 kmpl35 kmpl48 kmpl
Fuel Tank 13 litre13 litre10 litre

Most Powerful Bikes Under ₹ 2 Lakh

For riders chasing thrills, these powerhouses deliver the highest power figures in this budget:

  1. Bajaj Pulsar NS400Z – 373 cc liquid-cooled, 40 PS, 35 Nm.
  2. Yamaha R15 V4 – 155 cc liquid-cooled, 18.1 bhp, 14.2 Nm.
  3. Royal Enfield Hunter 350 – 20.21 PS, 27 Nm, robust mid-range punch.
FeatureNS400ZR15 V4Hunter 350
Engine 373 cc liquid-cooled155 cc liquid-cooled349 cc air-cooled
Power40 bhp18.1 bhp20.4 PS

Things to Consider Before Buying a Bike Under ₹ 2 Lakh

  • Purpose: Commuting, touring or weekend thrills? Align choice with your primary use.
  • Mileage: Higher kmpl eases running costs—vital for daily riders.
  • Service Network: A brand with widespread authorised centres reduces downtime.
  • Resale Value: Royal Enfield and popular sport-commuters tend to hold value better.
  • Insurance & Maintenance: Factor these recurring costs into your budget.

Latest Prices of Best-Selling Bikes Under ₹ 2 Lakh

ModelEx-Showroom Price (₹ ) (approx.) EngineSegment
Royal Enfield Hunter 350 1,49,900349 ccCruiser
Royal Enfield Classic 350 1,95,300349 ccCruiser
Yamaha MT-15 V2 1,70,583155 ccStreet-fighter
Yamaha R15 V4 1,85,255155 ccSports
Bajaj Pulsar NS200 1,55,042199.5 ccSport
TVS Apache RTR 160 1,18,142159.7 ccSport-commuter

Best Mileage Bikes in India Under ₹ 2 Lakh

ModelMileage (kmpl) Engine
Honda SP 125 64123.94 cc
Hero Xtreme 125R 66124.7 cc
TVS Jupiter 53.8 113.3 cc
TVS Raider 125 56.7124.8 cc

Get Your Dream Bike with an L&T Finance Two Wheeler Loan

Your dream of purchasing the best bike under 2 Lakh or a stylish bike under 2 Lakh can now be fulfilled.

L&T Finance’s Two Wheeler Loan brings you closer to your ideal ride by offering streamlined processes and customer-centric features. Whether you’re eyeing a sporty commuter or an off-road challenger, our tailored financing makes ownership seamless and affordable.

  • Minimal paperwork
    You can easily apply with minimum documentation required.
  • Accessible service
    Complete your application digitally and our representative will guide you through the further process.
  • Loan tenure
    Choose repayment tenures of up to 5 Years* to suit your budget and riding ambitions.
  • Maximum funding
    Receive up to 100%* of the on-road price, so you can ride home on your dream machine without dipping into savings.

With competitive  Two Wheeler Loan interest rates and end-to-end digital support, L&T Finance ensures that securing a Two Wheeler Loan is as rewarding as the first twist of the throttle.

Conclusion

When looking for bikes under 2 Lakh in India, you’re spoilt for choice. From off road bikes under 2 Lakh to super bikes under 2 Lakh, there’s something for every rider.

By weighing style, mileage and power, and pairing your purchase with an L&T Finance Two Wheeler Loan, you can confidently ride away on a machine that meets both your budget and your aspirations. If you are aiming for a slightly lower budget, you can also opt for  bikes under ₹ 1.5 Lakh.

Frequently Asked Questions

1. What are the best bikes under 2 Lakh in India?

Top picks include the Royal Enfield Hunter 350 for its retro charm, Yamaha R15 V4 for sports performance, and Honda SP 125 for unmatched mileage and reliability.

2. Can I get a Two Wheeler Loan to buy a bike under 2 Lakh?

Yes. L&T Finance offers Two Wheeler Loan online for amounts up to ₹ 20 Lakh, with minimal paperwork and rapid approval.

3. Which is the most powerful bike under 2 Lakh in India?

The Bajaj Pulsar NS400Z leads with a 373 cc engine, 40 bhp and 35 Nm torque is unmatched in this price bracket.

4. What are the best bikes for long drives under 2 Lakh?

Royal Enfield Hunter 350 and Classic 350 excel in comfort and stability, while the Yamaha MT-15 V2 offers a sportier ride with decent touring ability.

5. How much down payment is required for a Two Wheeler Loan on bikes under 2 Lakh?

Typically, a 10 % down payment (₹ 20,000 on a ₹ 2 Lakh bike) is required. However, with L&T Finance, you can receive up to 100%* funding of the on-road price of your chosen bike.

6. How long does it take to get approval for a Two Wheeler Loan?

With L&T Finance, you can receive approval quickly after application.

7. Can I get a Two Wheeler Loan with a low credit score for bikes under 2 Lakh?

Yes. Applicants with a low credit score can qualify, provided they meet the age and employment criteria.

8. Are sports bikes under 2 Lakh available for financing?

Absolutely. Models like the Yamaha R15 V4 and Bajaj Pulsar NS200 fall under ₹ 2 Lakh and can be financed through L&T Finance’s Two Wheeler Loan. Use an  EMI calculator for Two Wheeler Loan available on our website to know the monthly EMIs for different tenures.