The high speed, effortless driving, and the thrill of the air ruffling through your hair makes riding a bike more adventurous. Owning a bike brings forth a lot of advantages like fuel-efficient rides, low maintenance and repair costs, and ease of parking. Buying a bike is more affordable than a car and helps you save more due to the low costs of taxes & licensing. If you are a person who likes the thrill of wheels and is looking for the best bikes under Rs. 2 Lakhs, know more about the top-class models in this segment.
You should also know that insurance is a must-have when you own a bike. Bike insurance acts as a protective cover and shields you in case of accidents on the road. Insurance costs are also involved when you purchase a new bike or already own one. Therefore, you must know about bike insurance and its premiums before investing in a new bike. Knowing about two-wheeler insurance gives you a better understanding of the policies and protection cover offered.
Model |
Ex-showroom Price |
Mahindra Mojo |
Rs. 1,99,900 |
Royal Enfield Meteor 350 |
Rs. 1,98,537 |
Honda H'ness CB350 |
Rs. 1,96,239 |
KTM 200 Duke |
Rs. 1,85,606 |
Yamaha R15 V4 |
Rs. 1,70,800 |
The base price of Mahindra Mojo starts at Rs. 1,99,900 in India. Equipped with best-in-class features, this powerful street-cum-touring bike is available in 4 different variants and four colours. The Mahindra Mojo is fitted with a powerful 294.72 cc engine of a BS6 emission standard. The engine develops a high power of 25.37 bhp, and the torque generated is 25.96 Nm. The other distinguishing features of Mahindra Mojo are front & rear disc brakes and an anti-locking braking system.
Features |
Information |
Ex-showroom Price Range |
Rs. 1,99,900 onwards |
Insurance Cost |
Starting from Rs. 6,425 onwards |
Engine Capacity |
294.72 cc |
Emission Type |
BS6 |
Fuel Type |
Petrol |
Top speed |
144 km/h |
Transmission |
6-speed manual |
Fuel Tank Capacity |
21 Litres |
Image source:- https://www.carandbike.com/mahindra-bikes/mojo
The Meteor 350 model of Royal Enfield is available in three variants- Fireball (Ex-showroom New Delhi price Rs 1,98,537), Stellar, and the Supernova. The Meteor 350 is a cruiser bike having a bucket-shaped rider seat and a laid-back, comfortable riding posture. The raised handlebars balance the bike ergonomically.
It is fitted with a new generation J-series air-cooled, four-stroke, single-cylinder, and 2-valve SOHC fuel-injection type engine. This feature-rich bike generates a power of 20.2 bhp, rotating the wheels at 6100 rpm and producing a 27 Nm twisting force at around 4000 rpm. A 5-speed gearbox provides excellent acceleration taking the bike from 0 to 100 km/h in just 15 seconds. The advanced engine creates very-low vibrations, and you can easily ride this powerful bike without any prior Royal Enfield riding experience.
Features |
Information |
Ex-showroom Price Range |
Rs 1,98,537 onwards |
Insurance Cost |
Starting from Rs. 6,435 onwards |
Engine Capacity |
349 cc |
Emission Type |
BS6 |
Fuel Type |
Petrol |
Top speed |
120 km/h |
Transmission |
5-speed manual |
Fuel Tank Capacity |
15 Litres |
Image source:-https://www.royalenfield.com/in/en/motorcycles/meteor/#gallery-scroll
It H'ness CB350 is a classic standard cruiser bike from Honda. The bike has a double-cradle type chassis to support this heavy engine bike. The H'ness CB350 offers an excellent balance & stability on all road types. Honda H'ness CB350 is fitted with a long-stroke, single-cylinder, 2-valve fuel-injected engine of 348 cc capacity. The 5-speed gearbox of this all-road bike is connected to the engine using an assist & slipper clutch, making the handlebar clutch lighter and easy to manoeuvre. H'ness CB 350 exhibits a powerful performance by accelerating from 0 to 100 km/h in 13 seconds.
Features |
Information |
Ex-showroom Price Range |
Rs 1,96,000 onwards |
Insurance Cost |
Starting from Rs. 6,435 onwards |
Engine Capacity |
348.36 cc |
Emission Type |
BS6 |
Fuel Type |
Petrol |
Top speed |
130 km/h |
Transmission |
5-speed manual |
Fuel Tank Capacity |
15 Litres |
Image source:- https://www.carandbike.com/honda-bikes/h-ness-cb-350
Duke model of KTM comes in a single variant and two colours (orange and black). This feature-rich KTM bike is powered by a 199.5 cc engine that generates a power of 25.4 bhp and a torque of 19.5 Nm. Fitted with front & rear disc brakes and an anti-locking braking safety system for reliable safety. KTM has profoundly updated its new model by modifying the design and enhancing the fuel tank capacity. It is fitted with an LED DRL-based angular headlamp and has a sleek tail unit with a split-seat setup. This KTM bike is equipped with a single-cylinder, fuel-injection based engine, BS6-compliant. The engine produces a power of 24.6bhp and a torque of 19.3Nm.
Features |
Information |
Ex-showroom Price Range |
Rs. 1,85,606 onwards |
Insurance Cost |
Starting from Rs. 6,400 onwards |
Engine Capacity |
199 cc |
Emission Type |
BS6 |
Fuel Type |
Petrol |
Top speed |
142 km/h |
Transmission |
6-speed manual |
Fuel Tank Capacity |
13.5 Litres |
Image source:- https://www.autocarindia.com/bike-reviews/2020-ktm-200-duke-review-track-ride-416306
Yamaha YZF R15 V4 is a trendy sports bike under Rs. 2 lakhs. It comes in 5 variants with four different colours 9– Metallic Grey, Dark Knight, Racing Blue, and Metallic Red. The V4 of Yamaha YZF R15 is equipped with a 155 cc engine giving 18.1 bhp power and 14.2 Nm torque. To enhance the stopping potential, both the front and rear wheels have disc brakes, and it is fitted with an anti-locking braking system. Both the wheels have single discs and a dual-channel-based ABS safety net to assist the braking tasks. A side-stand-based engine cut-off feature is also provided to reduce accidents.
Features |
Information |
Ex-showroom Price Range |
Rs. 1,70,800 onwards |
Insurance Cost |
Starting from Rs. 6,400 onwards |
Engine Capacity |
155 cc |
Emission Type |
BS6 |
Fuel Type |
Petrol |
Top speed |
150 km/h |
Transmission |
6-speed manual |
Fuel Tank Capacity |
11 Litres |
Image source:- https://www.bikedekho.com/yamaha/r15-v4/specifications
This exhaustive list of bikes under Rs. 2 lakh provides you with the outstanding two-wheelers in this price segment. An added protection in the form of two-wheeler insurance acts as your saviour in case of accidents. You can choose from the broad range of two-wheeler insurance policies available at Bajaj Markets that too at affordable premiums. The hassle-free and simplified online application process and claim settlement feature act as the cherry on the cake.
Yamaha YZF R15 V3 has the highest top speed among the bikes under Rs. 2 lakhs.
Ex-showroom price, also known as the sticker price, excludes the road tax and other charges like insurance and bike registration charges.
To calculate the on-road price, you must add the ex-showroom price, road tax, registration charges, insurance costs, and other optional costs as prescribed by the government.
Generally, when you sign up for bike insurance online and pay the premium, a copy of your insurance policy is immediately shared through email.
If rated based on affordability, Hero Xpulse 200 4V, priced at Rs. 1,30,255 is the most affordable bike in this price bracket.