

Rising urbanisation, improvements in the road infrastructure, and a hike in the number of customers have substantially catalysed the demand for two-wheelers in India. Moreover, the surge is not only limited to affordable models but also high-end ones.
When buying a bike in India, securing it with two-wheeler insurance is crucial, as mandated by the Motor Vehicles Act of 1988. It provides financial protection against accidents, theft, and damage, safeguarding you and your investment.
Having bike insurance also saves you from hefty traffic fines, license suspension and even legal trouble.
This article will provide a detailed analysis of the 15 best bikes under ₹2 lakhs to help you invest your money in the ideal model.
Models |
Ex-Showroom Price* |
Royal Enfield Classic 350 |
₹1.93 lakh onwards |
KTM 200 Duke |
₹1.93 lakh onwards |
Suzuki Gixxer SF 250 |
₹1.92 lakh onwards |
Yamaha R15 V4 |
₹1.82 lakh onwards |
Oben Rorr |
₹1.55 lakh onwards |
Bajaj Pulsar NS200 |
₹1.49 lakh onwards |
Honda CB200X |
₹1.46 lakh onwards |
Bajaj Avenger Street 220 |
₹1.43 lakh onwards |
Yamaha MT 15 |
₹1.4 lakh onwards |
Honda Hornet 2.0 |
₹1.39 lakh onwards |
Yamaha FZS Fi V4 |
₹1.29 lakh onwards |
TVS Apache RTR 160 4V |
₹1.24 lakh onwards |
Revolt RV 400 |
₹1.14 lakh onwards |
TVS Raider 125 |
₹95,219 onwards |
Hero Splendor Plus |
₹75,141 onwards |
Compared to its ancestors, the Classic 350 has undergone massive modifications, including a signature round headlamp, split-style saddle, a side-slung exhaust, LCD screen speedometer, and more.
Besides, the retro-style cruiser unit receives its power from a sturdy motor that delivers a maximum power of 20.2 HP at 6,100 rpm.
The RE Classic 350 is now available in 5 variants and 12 colour options and is among the best-selling models in India from the stable of Royal Enfield.
Key Specifications:
This sports bike comes with a powerful motor that produces a maximum power of 25 PS at 10,000 rpm.
In addition, the Austrian two-wheeler expert incorporates world-leading refinements reflecting its elder sibling, 250 Duke, that comprises halogen headlamps with LED DRLs and tail lamps, a digital instrument console, etc.
Key Specifications:
Gixxer SF 250 extracts the best features from Suzuki’s reasonable models and high-end sports bikes like Hayabusa. It features a robust motor generating 26.5 HP of power at 9,300 rpm.
Suzuki has incorporated comfort and design quotients such as an LED tail lamp, full LED headlamps, a fully digital instrument console, split grab rails for pillion riders, dual-barrel exhaust, and more.
Key Specifications:
Yamaha has engineered the R15 V4, maintaining robust build quality and advanced refinements that deliver power-packed performance across varied road conditions. It sports a 155cc motor that dishes out a maximum power of 18.1 HP at 10,000 rpm.
Key Specifications:
Oben Rorr, an electric bike by the Indian electric vehicle manufacturer Oben Electric, is another top bike under 2 lakhs on our list. It offers the longest battery range in the two-wheeler segment in India.
The Oben Rorr displays optimum safety features and performance with a smart design and is available in 3 colours. This 1000-watt IPMSM-powered e-bike features a range of 200 km on a full charge.
Key Specifications:
Re-launched with an upside-down fork suspension and dual channel ABS, the Bajaj Pulsar NS200 offers optimum control. It boasts a BS6-compliant motor that produces a power of 24.5 PS at 9,750 rpm and is among the best-selling bikes from the house of Indian two-wheeler giant - Bajaj.
To give it a sportier look, Bajaj has made some tweaks with a digital speedometer, multi-reflector headlamp, contoured split seats, split rear grab rails, etc.
Key Specifications:
The last model is the Honda CB200X, which flaunts appealing aesthetics, comprising a tinted windscreen, knuckle guards with built-in LED turn signals, raised handlebar, engine sump guard, full-LED headlamp, tail lamp and turn signals, completing its touring traits.
It is one of the best bikes in the 200 cc segment, delivering a power of 17 PS at 8,500 rpm.
Key Specifications:
The Bajaj Avenger 220 Street is a bike that combines the style of a cruiser with the performance of a street bike. It has a 220 cc oil-cooled engine that delivers 19.03 PS of power and 17.55 Nm of torque.
It also has single-channel ABS and a front disc brake for safety. The bike has a low and long profile, a street control handlebar, and a wide seat for comfort.
Key Specifications:
Yamaha MT 15 leads the segment of best sports bikes under 2 lakhs with its sportier and off-beat appeal, including a traction control system, dual channel ABS, upside-down front forks, an aluminium swingarm, and more.
Moreover, its robust engine delivers a power of 18.4 PS at 10,000 rpm.
Key Specifications:
Honda Hornet 2.0 is the replacement for its best-selling model CB Hornet 160R. The Hornet 2.0 remains unchanged in terms of styling, highlighting golden USD forks, LCD instrument console, LED lighting system, hazard switch and many more.
Furthermore, its BS-6-compliant powertrain generates a maximum power of 17.26 PS at 8,500 rpm.
Key Specifications:
The FZ series from Yamaha has been a buzz for a decade in the Indian two-wheeler market. The BS-6-compliant motor churns out a maximum power of 12.4 PS at 7,250 rpm.
Its FZS FI V4 version deserves a special mention as it exhibits a best-in-class feature list that includes single-channel ABS, an aggressive fuel tank, chrome trim around the false air intake vents at the front and others.
Key Specifications:
The Apache series from TVS has been a mainstay on the racetrack since its inception, especially the RTR 160 4V version.
It has undergone significant modifications, reflecting a contemporary appeal with features such as an engine cowl, fuel tank scoops, a digital display, a headlamp with 2 LED daytime running lights, LED tail lamps and more.
Coming to its performance, the RTR 160 4V is packed with cutting-edge race tech. Further, it derives its power from a fuel-injected motor that dishes out a power of 19.2 PS at 9,250 rpm.
Key Specifications:
The Revolt RV 400 is an AI-enabled motorcycle with many unique features, such as different sounds to choose from and the ability to locate and limit the bike’s movement. The electric bike has a strong frame that provides excellent control, safety and durability.
It is now one of the best-performing electric bikes in India, with a robust 3KW mid-drive motor.
Key Specifications:
Available in 4 variants, the TVS Raider is among the top naked bikes that come with an affordable price tag.
Its aesthetic lists include an LED headlamp, body-coloured fender and headlamp cowl, aluminium grab rail, split-style saddle, 5-inch digital display, and many others. In terms of mechanical specifications, its motor produces a power of 11.2 HP at 7,500 rpm.
Key Specifications:
Hero Splendor Plus is an ideal option for individuals looking for commuter bikes with 50-80 kmpl mileage.
Apart from its low maintenance and power-packed performance, it is among the top preference models, thanks to its powerful motor churning out a maximum power of 7.91 HP at 8,000 rpm.
Key Specifications: