Two-wheelers costing around Rs. 1.5 lakh are extremely versatile, as they can be used for commuting, adventure touring, or off-road biking. Depending on your intent and interest, you can purchase a two-wheeler that caters to your specific needs. In general, the best bikes under Rs. 1.5 lakh run on powerful engines, boast impressive features, and flaunt sporty looks. You also get decent suspension systems that can satiate your thirst for adventure, along with single or dual-channel ABS for powerful and effective braking performance.
However, if your aim is to go for a bike that allows you to commute to work or be your travel companion for long weekend escapades, you get to pick from an impressive list of options. The best bikes under Rs. 1.5 lakh also comprise mid-spec commuters and cruisers that give you excellent returns on your investment. These motorcycles have several convenient features like Bluetooth connectivity, USB charging ports, and decent under-seat storage. Some of the leading brands offering the best bikes under Rs. 1.5 lakh include TVS, Bajaj, Royal Enfield, and Honda.
In case you need funds to purchase a bike, check out the easy solution of booking your two-wheeler on EMIs. Bajaj Finance offers attractive interest rates on two-wheeler loans to help you buy your bike.
To help you find your ideal travel companion, we highlight a few of the top-selling motorcycles in this price range.
Best bikes under Rs. 1.5 lakh overview
India's bike market offers a diverse range of options under Rs. 1.5 lakh. Standout models include the Bajaj Pulsar NS125 for its dynamic performance, the Honda Hornet 2.0 known for robust engineering, and the iconic Royal Enfield Hunter 350, blending classic charm with reliable power.
Best bikes under Rs. 1.5 lakh in price list in India 2024
Several bikes under Rs. 1.5 lakh are popular choices in India. The Yamaha FZ X starts at Rs. 1,19,194 (ex-showroom), offering a blend of advanced features and efficient mileage. The TVS Apache RTR 160 4V, priced at Rs. 1,15,852, caters to adventure enthusiasts with its robust design. Honda Hornet 2.0, priced at Rs. 1,45,023, stands out for its muscular build and powerful engine. The Royal Enfield Hunter 350, starting at Rs. 1,37,640 combines classic styling with dependable performance. Meanwhile, the Bajaj NS125, priced competitively at Rs. 92,182, provides an affordable option without compromising on quality. Prices vary across cities, reflecting local taxes and charges.
Bike model |
Starting ex-showroom price |
Yamaha FZ X |
Rs. 1,19,194 |
TVS Apache RTR 160 4V |
Rs. 1,15,852 |
Honda Hornet 2.0 |
Rs. 1,45,023 |
Royal Enfield Hunter 350 |
Rs. 1,37,640 |
Bajaj NS125 |
Rs. 92,182 |
Yamaha FZ X
The first bike on this list is the Yamaha FZ X Bluetooth variant, which runs on a potent 149cc single-cylinder, air-cooled, BS6-compliant engine mated to a 5-speed gearbox. This engine churns out a power of 12.4 PS and a torque of 13.3 Nm, attaining speeds of up to 115 kmph on highways. The styling cues of this two-wheeler include a tall-set handlebar, an engine cowl, and a round front headlight, lending it a retro appeal.
You also get an LCD instrument cluster as a part of its feature package, along with a USB charging port and an LED headlight with LED DRL. The FZ X comes with front and rear disc brakes with a single-channel ABS to ensure an effective and powerful braking performance. As a part of its suspension setup, the two-wheeler uses telescopic front forks and a 7-step preload-adjustable rear mono-shock.
TVS Apache RTR 160 4V
Among the best bikes under Rs. 1.5 lakh, the TVS Apache RTR 160 4V is a sporty, performance-oriented commuter that combines aggressive styling with advanced features. It boasts a sharp LED headlamp setup with LED DRLs, a fully digital instrument console with Bluetooth connectivity, and turn-by-turn navigation. The bike also offers three riding modes – Urban, Sport, and Rain – allowing riders to adapt performance as per road conditions.
Powering the Apache RTR 160 4V is a 159.7cc single-cylinder, oil-cooled, 4-valve engine mated to a 5-speed gearbox. This motor produces 17.55 PS (urban), 15.64 PS (rain) of maximum power and 14.73 Nm (urban), 14.14 Nm (rain) of peak torque, ensuring smooth yet powerful performance across city and highway rides.
For safety and comfort, the bike features front and rear disc brakes with single-channel ABS, providing controlled braking. The telescopic front fork and rear mono-shock suspension ensure superior stability and comfort on rough and uneven roads, making it a top choice for riders seeking performance and reliability in one package.
Honda Hornet 2.0
If you like a beefy, muscular fuel tank and an aggressive-looking motorcycle, the Honda Hornet 2.0 is one of the best bikes under Rs. 1.5 lakh. This two-wheeler from Honda zips through the streets in style, thanks to its golden USD forks. You also get an LCD instrument cluster and LED lighting, along with other practical features like a hazard switch. The bike is powered by a 184cc single-cylinder, air-cooled, fuel-injected engine that is paired with a 5-speed gearbox and gets an assist-and-slipper clutch. This motor produces a power of 17.27 PS and a torque of 15.9 Nm, allowing you to own the highways at 130 kmph.
Coming to its underpinnings, the bike gets an upside-down (USD) front fork and a preload-adjustable rear mono-shock to handle the suspension duties. The braking tasks are handled by front and rear disc brakes with a single-channel ABS as the safety net.
Royal Enfield Hunter 350
Any list of the best bikes under Rs. 1.5 lakh would be incomplete without the inclusion of a Royal Enfield motorcycle. One of the most affordable RE bikes, this two-wheeler is extremely versatile, as you can use it for city commutes or riding across mountain trails. The model gets the company’s J-series engine, as it is powered by a 349cc single-cylinder, 4-stroke, air-cooled engine mated to a 5-speed gearbox. This motor delivers a peak power of 20.4 PS and a peak torque of 27 Nm.
You also get decent mileage returns from this two-wheeler, as it clocks around 40.19 kmpl while riding in the city and close to 36 kmpl while riding on clear highways. The braking duties are handled by front and rear disc brakes with dual-channel ABS as standard.
Best bikes under Rs. 1.5 lakh – Key highlights
Category |
Bikes under Rs. 1.5 lakh |
Most affordable models above Rs. 1 lakh |
Bajaj NS125 (starts from Rs. 92,182), Yamaha FZ X (starts from Rs. 1,19,194) |
Popular bike models |
TVS Apache RTR 160 4V, Honda Hornet 2.0, Royal Enfield Hunter 350 |
Expensive bike models |
Royal Enfield Hunter 350 (starts from Rs. 1,37,640) |
*Ex-showroom prices are mentioned in the table.
Key features of best bikes under Rs. 1.5 lakh
Bikes under Rs. 1.5 lakh offer an excellent mix of power, style, and practicality. Most models in this range feature efficient single-cylinder engines, bold street or sporty designs, and strong build quality. They are crafted to deliver good mileage without compromising on performance. Riders can also expect essential safety features like ABS, disc brakes, and durable suspensions for a stable and secure ride. Whether you seek a daily commuter or a stylish weekend companion, these bikes provide the perfect balance of comfort, efficiency, and performance.
Model |
Engine type |
Design |
Fuel efficiency |
Safety features |
Yamaha FZ X |
149cc, air-cooled |
Neo-retro street design |
45–50 kmpl |
Single-channel ABS, disc brakes |
TVS Apache RTR 160 4V |
159.7cc, oil-cooled |
Aggressive sporty design |
45–47 kmpl |
Single-channel ABS, dual disc brakes |
Honda Hornet 2.0 |
184.4cc, air-cooled |
Muscular streetfighter styling |
45 kmpl |
Dual disc brakes, single-channel ABS |
Royal Enfield Hunter 350 |
349cc, air-cooled |
Retro-modern roadster |
36–40 kmpl |
Dual-channel ABS, disc brakes |
Bajaj Pulsar NS125 |
124.45cc, air-cooled |
Sporty commuter design |
50–52 kmpl |
CBS, front disc brake |
Benefits of choosing bikes under Rs. 1.5 lakh
Bikes under Rs. 1.5 lakh offer an excellent balance between affordability, performance, and practicality, making them a preferred choice for Indian riders. Here are some key benefits:
- Cost-effective: Affordable pricing with low maintenance and fuel costs makes them ideal for budget-conscious buyers.
- Fuel-efficient: Most bikes in this range offer impressive mileage, ensuring long rides with fewer refuelling stops.
- Performance-oriented: Equipped with refined engines that deliver smooth power for city and highway rides.
- Beginner-friendly: Lightweight design and easy handling suit new riders.
- Reliable for daily commute: Comfortable ergonomics and durable build ensure consistent daily performance.
Finance your bike under Rs. 1.5 lakh with Bajaj Finserv Two-wheeler loan
You can buy any of these models – or any of the best bikes under Rs. 1.5 lakh by choosing a Bajaj Finserv Two-wheeler Loan. With several perks repayment tenures and quick loan disbursals, owning a sporty bike is no longer a distant dream, thanks to a two-wheeler loan.