Two Wheels, Ten Thrills: Affordable Bikes Under ₹2 Lakhs

India’s passion for two-wheelers knows no bounds. Whether it’s the thrill of cruising on highways or the practicality of navigating through city traffic, motorcycles have become an integral part of our lives. If you’re in the market for a bike and have a budget of up to 20 lakhs, you’re in for a treat. Here are the top bikes under ₹2 lakhs in India, offering a blend of performance, style, and cutting-edge technology:

1. Royal Enfield Hunter 350:

Imagine cruising down the open road on the Royal Enfield Hunter 350, a bike that marries the classic elegance of yesteryears with modern agility. This beauty packs a 349cc punch, delivering 20.2 bhp and 27 Nm of torque. With a top speed of 120 kmph and a respectable 36 kmpl mileage, the Hunter 350 promises an exhilarating ride with a dash of nostalgia.

2. TVS Raider:

The TVS Raider isn’t just a commuter; it’s a style statement. Its 124.8cc heart pumps out 11.2 bhp and 11.2 Nm of torque, propelling you to a top speed of 100 kmph while sipping fuel at an impressive 67 kmpl. With its sporty design, it’s a head-turner in every sense, making your daily commute an exciting affair.

3. Honda SP 125:

If you’re after premium style and reliability in a 125cc package, look no further than the Honda SP 125. With 10.7 bhp and 10.9 Nm of torque, it can reach a top speed of 100 kmph and boasts a fuel efficiency of 65 kmpl. It’s not just a bike; it’s a fashion statement on two wheels.

4. Royal Enfield Classic 350:

The Royal Enfield Classic 350 is a legend in its own right. With 349cc of power churning out 20.2 bhp and 27 Nm of torque, this timeless beauty reaches a top speed of 120 kmph and offers a claimed mileage of 41 kmpl. It’s the motorcycle that defines an era.

5. KTM 200 Duke:

Buckle up for a thrilling ride with the KTM 200 Duke. Its 199.5cc engine roars to life with 25 bhp and 19.5 Nm of torque. Hitting a top speed of 130 kmph, it delivers a punchy performance while still returning 35 kmpl for your daily commutes.

6. Suzuki Gixxer SF 250:

Suzuki Gixxer SF 250 is a work of art on wheels. Its 249cc engine roars to 26.5 bhp and 22.9 Nm of torque, propelling it to a top speed of 140 kmph. And it doesn’t just stop there; it’s fuel-efficient too, with a claimed mileage of 40 kmpl, making it the complete package.

7. QJ Motor SRC 250:

The QJ Motor SRC 250 is the new kid on the block, but it’s already making waves. With 26.5 bhp and 22.9 Nm of torque from its 249cc engine, it races to a top speed of 140 kmph. Its sporty design and modern features are turning heads in the Indian market.

8. Yamaha R15 V4:

For those who crave the adrenaline rush of a supersport, the Yamaha R15 V4 delivers. Its 155.1cc engine pumps out 18.6 bhp and 14.1 Nm of torque, reaching a top speed of 140 kmph. With a fuel efficiency of 55 kmpl, it’s as practical as it is thrilling.

9. Bajaj Pulsar NS200:

Bajaj Pulsar NS200 is the definition of value for money. Its 199.5cc engine generates 23.5 bhp and 18.5 Nm of torque, propelling it to a top speed of 130 kmph. And with a claimed mileage of 35 kmpl, it’s a streetfighter that won’t break the bank.

10. Kawasaki Ninja

The Kawasaki Ninja 650 is a popular middleweight sports bike that is known for its performance and value for money. It is powered by a 649cc parallel-twin engine that produces 67 bhp and 65 Nm of torque. It has a top speed of 210 kmph and a claimed mileage of 25 kmpl.

The Ninja 650 is a great all-round bike that is suitable for touring, commuting, and occasional track days. 

The Ninja 650 is also a relatively affordable bike, with a starting price of ₹6.99 lakhs (ex-showroom). This makes it a great option for riders who are looking for a performance bike without breaking the bank.
If any of the above given bikes look like your dream sled, then wait no more. Take Finnable’s help in covering the cost of your flashy new ride. Finnable personal loans come with no restrictions on how you can use the amount and other perks such as 100% digital and seamless application process.

Price Ranges of the Best Bikes

If you are uncertain about which bike is the right choice for you, here’s a price comparison table so that you can make a more informed decision: 

BikePrice Range (in INR)
Royal Enfield Hunter 350₹1,50,000 – ₹1,70,000
TVS Raider₹75,000 – ₹90,000
Honda SP 125₹77,000 – ₹88,000
Royal Enfield Classic 350₹1,85,000 – ₹2,20,000
KTM 200 Duke₹1,70,000 – ₹1,90,000
Suzuki Gixxer SF 250₹1,75,000 – ₹1,95,000
QJ Motor SRC 250₹1,75,000 – ₹1,95,000
Yamaha R15 V4₹1,65,000 – ₹1,85,000
Bajaj Pulsar NS200₹1,20,000 – ₹1,40,000
Kawasaki Ninja 650₹6,99,000 – ₹7,50,000


Overall, India’s motorcycle market offers a diverse range of options for riders with a budget of up to 20 lakhs. Whether you crave speed, adventure, or classic cruiser vibes, there’s a bike that suits your preferences. Remember to consider factors like riding style, purpose, and features when making your decision, and always prioritize safety on the road. Happy riding!


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Amit Arora

I am a seasoned retail banker with over 21 years of global experience across business, risk and digital. In my last assignment as Global Head Digital Capabilities, I drove the largest change initiative in the bank to deliver the end-to-end digital program with over US$1 billion in planned investment. Prior to that, as COO for Group Retail Products & Digital, I implemented a risk management framework for retail banking across the group.
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