Top 10 Bikes Under Rs. 5 Lakh - Covered

India is by far the largest two-wheeler market in the entire world. However, Indian consumers had for a very long time preferred affordable and fuel efficient commuter bikes, leading to two-wheeler manufacturers focusing only on that segment.

Over the past few years, the trend has seemingly shifted by quite a bit. With an increasing number of Indian consumers choosing to go for bigger and more powerful bikes. This shift has directly led to the rise of the popularity of bikes under Rs. 5 Lakhs.

Bikes like the KTM 390 Adventure with an ex-showroom price of Rs. 3.28 Lakhs and CFMoto 650NK, with its ex-showroom price of Rs. 4.29 Lakhs have become very popular choices amongst Indian consumers.

That said, if you’re looking to purchase a sports bike under Rs. 5 lakh in the near future, you should know that the ex-showroom price isn’t the final cost that you would have to pay. Insurance premium is another major cost that you should account for.

So, before you actually take the plunge, remember to first determine the cost of insurance for the bike.

List of the Top 10 Best Bikes Under Rs. 5 Lakhs

With respect to top bikes under Rs. 5 lakh, the options that you have on your hand are virtually endless. There are more than 30 different motorcycles that you can choose from. Having so many choices can actually end up making your choice that much harder.

But don’t worry. We’ve compiled a list of the best 10 bikes that you can consider purchasing. Check out the table below to get an idea of what they are, along with their ex-showroom price and other details.

1. CFMoto 650NK

CFMoto 650NK is the best superbike under Rs. 5 lakh that you can purchase right now. Powered by a twin-cylinder engine that complies with BS6 emission norms, the 650 NK is a big and powerful motorcycle.

The ex-showroom price of the CFMoto 650NK is currently around Rs. 4.29 Lakhs, with the insurance premium being somewhere around Rs. 20,438.

Considering the fact that the bike is heavy and has a powerful twin-cylinder engine, CFMoto has equipped the 650NK with a dual disc braking setup at the front and a single disc at the rear. In addition to that, the bike also comes with dual-channel ABS, a 5-inch TFT display, and LED headlights.

2. KTM 390 Adventure

If off-roading is your thing, then the KTM 390 Adventure might just be the perfect option for you. Featuring a high ground clearance and upright riding stance, the KTM 390 Adv, allows you to tackle almost any terrain with ease.

The bike is currently available for an ex-showroom price of just Rs. 3.28 Lakhs. The cost of insuring the vehicle is also very affordable at Rs. 24,175 per annum. Equipped with a vertical split LED headlight setup, an upswept exhaust, knuckle guards, a full-TFT display, and a Bosch ABS system, this motorcycle is currently the best adventure bike under Rs. 5 lakh in India.

3. Kawasaki Ninja 300

Derived from Kawasaki’s Ninja lineup of superbikes, the Ninja 300 is essentially a lower capacity superbike under Rs. 5 Lakhs. The motorcycle features a design that’s similar to the other Ninja motorcycles, albeit with a few key differences.

The Kawasaki Ninja 300 is being sold in the country for just Rs. 3.24 Lakhs (ex-showroom), with its insurance premium being around Rs. 12,486.

The bike is equipped with a large 37-mm telescopic front suspension, a vibration-free parallel-twin liquid cooled engine, a slip-assist clutch, and dual-channel ABS, among others.

 

4. BMW G 310 GS

Another adventure bike under Rs. 5 Lakhs, the BMW G 310 GS is a simple, yet elegant motorbike that’s capable of tackling the off-beaten paths. The bike comes with a liquid-cooled single cylinder engine that’s capable of generating enough power for you to enjoy taking the bike off-the-road.

The motorcycle is currently on sale for Rs. 3.05 Lakhs (ex-showroom). And the cost to insure the vehicle comes up to Rs. 12,167 per annum, making it one of the most affordable adventure bikes in India.

The BMW G 310 GS comes with plenty of noteworthy features like an LED headlamp setup, LCD display, slip-and-assist clutch, adjustable monoshock suspension at the rear, and dual-channel ABS.

5. Royal Enfield Continental GT 650

The Continental GT 650 is the only cafe racer style motorcycle offered by an Indian bike maker. Featuring a simple design, this bike from Royal Enfield can be purchased at a price range starting from Rs. 3.02 Lakhs to Rs. 3.26 Lakhs, depending on the colour choice that you make. The insurance cost for the bike ranges from Rs. 18,457 to Rs. 18,589.

Powered by a parallel-twin oil-cooled engine, the Continental GT 650 from Royal Enfield offers a very smooth and easy-going ride. The bike comes with features like a dual-channel ABS braking system, adjustable rear suspension, clip-on handlebars, and a slip-and-assist clutch, among others.

6. KTM 390 Duke   

(Source: Wikimedia Commons)

One of the best bikes under Rs. 5 Lakhs is the KTM 390 Duke. This motorcycle is the quintessential street bike with sharp and edgy styling and razor-sharp features. The bike retails for an ex-showroom price of Rs. 2.87 Lakhs, with the insurance premium coming in at Rs. 23,132.

The motorcycle is loaded to the brim with features such as a TFT display cluster, split LED headlamps, inverted WP front suspension, adjustable levers, supermoto mode, dual-channel ABS, and a slipper clutch, among others.

 

7. Honda CB300R

Not wanting to leave the best bikes under Rs. 5 Lakhs list to be empty with no contender, Honda came up with the CB300R. The motorcycle features neo-retro styling that blends both traditional and modern elements.

Thanks to heavy localisation of parts and components, the ex-showroom pricing of the Honda CB300R is quite low at just Rs. 2.77 Lakhs. The cost of insurance, likewise, is also very affordable at just Rs. 11,696 per annum.

A full LED headlamp, upside down front suspension, assist and slipper clutch, adjustable rear suspension, a full-LCD display, and a hubless floating disc are some of the features that you can find in the Honda CB300R.

8. KTM RC 390

(Source: Wikimedia Commons)

The KTM RC 390 is the superbike version of the KTM 390 Duke. The motorcycle shares a lot of components and even the engine with the 390 Duke. The ex-showroom price of the RC 390 motorcycle is around Rs. 2.77 Lakhs, while the cost of insuring the vehicle comes up to Rs. 22,876.

The bike features a fully-faired chassis, a ride-by-wire throttle, slipper clutch, dual-channel ABS, a twin projector headlamp, and a fully-digital instrument console. Although the KTM RC 390 is a twin-seater vehicle, the pillion rider sits at a much higher level than the rider, making long journeys a tough affair.

9. Royal Enfield Interceptor 650

In addition to the Continental GT 650, Royal Enfield also released another 650 cc motorcycle - the Interceptor 650. Featuring a completely different design, the Interceptor is also powered by the same parallel-twin engine.

However, the cost of the bike is slightly lower compared to the Continental GT 650. The ex-showroom pricing of the Interceptor range starts at just Rs. 2.58 Lakhs and goes all the way up to Rs. 3.10 Lakhs. The insurance premium for the vehicle starts from Rs. 17,769 to Rs. 18,750.

Other than the pricing, there’s not much of a difference between the Interceptor 650 and the Continental GT 650. Everything from the features to the equipment remains the same.

Now that we’ve narrowed down the choices to just 10 of the best bikes under Rs. 5 Lakhs, choosing the one that’s right for you should now be easier.

 

That said, before you go ahead with your purchase, always make sure to also account for the cost of a two-wheeler insurance. Not only is it mandatory, but it can also help lessen your financial burden in the case of damages to your precious vehicle.

 

Alternatively, if you already own the best bike under Rs. 5 Lakhs, then ensure to renew your two-wheeler insurance policy on time. This way, you can continue to enjoy insurance protection without any interruptions.

 

Want to know more about the different insurance plans available for a motorcycle? Bajaj Markets can help you out. You can browse the various options available, compare and contrast their features and quotes, and then pick the one that suits your requirements.