Top 5 Bikes Under ₹2 Lakh in India 2026: Being able to purchase a new bike is a dream of every young person. Whenever people consider purchasing their first motorcycle, there are numerous questions that they have, such as what kind of bike will suit them, which one will perform better, and which bike will meet their budget.
Provided that you have an average budget of 2 lakh, the best news is that the Indian market has so much to offer. A large number of models, such as fashionable streetfighters, classic retro bikes, and sports motorcycles, are available at this price.
This explains why the current market of two-wheeler is more interesting than ever among the youths. These five bikes are worth viewing in case you are also planning to purchase another bike within the same budget.
Top 5 Bikes Under ₹2 Lakh in India 2026
| Bike Model | Engine | Type | Ex-Showroom Price (Approx) |
|---|---|---|---|
| Royal Enfield Hunter 350 | 349cc | Retro Roadster | ₹1.38 Lakh – ₹1.67 Lakh |
| TVS Ronin | 225cc | Scrambler / Cruiser Style | ₹1.26 Lakh – ₹1.60 Lakh |
| Bajaj Pulsar NS400Z | 373cc | Naked Streetfighter | ₹1.85 Lakh |
| Yamaha MT-15 V2 | 155cc | Naked Streetfighter | ₹1.55 Lakh – ₹1.74 Lakh |
| Yamaha R15 V4 | 155cc | Sports Bike | ₹1.66 Lakh – ₹1.74 Lakh |
Royal Enfield Hunter 350

Royal Enfield Hunter 350 is believed to be one of the lightest and most manoeuvrable bikes of the company. This makes it very easy to negotiate the traffic in the city. The company is known to have a good 350cc J-series engine that propels this bike, giving it a smooth ride and good torque.
It has a low centre of gravity that provides the bike with a high level of balance, which makes it easy to manoeuvre even on busy roads. And in case you are interested in having a bike that can provide a comfortable ride with a vintage appearance, this may be the option. Its ex-showroom cost is around 1.38 lakh to 1.67 lakh.
TVS Ronin
The TVS Ronin is a unique product in the market with its own design. Its design incorporates a scrambler, roadster, and cruiser, hence a bit different from the rest of the bikes.
This bike is regarded as very comfortable in the day-to-day life of the city. It is positioned in such a way that its riding position does not make it too fatigued even during long trips. Compared to features, it has contemporary features such as voice assistance, turn-by-turn GPS, and different modes of ABS. The ex-showroom price of the TVS Ronin is about 1.26lakh-1.60 lakh.
Bajaj Pulsar NS400Z
Several Indian youths have been fond of the Bajaj Pulsar series. Bajaj Pulsar NS400Z is the strongest bike in the series. The positioning of this bike is that of a high-performance naked streetfighter.
It has a powerful 373cc engine, which provides it with high speed and good acceleration. It is also provided with such advanced features as traction control, various ride modes and a quickshifter. It is priced at around 1.85 lakh (ex-showroom) and it is a bike that one would like to get, in order to experience both power and performance.
Yamaha MT-15 V2
Yamaha MT-15 V2 has a reputation of being aggressive in its design as well as in its sporty posture. It is based on the design of the bigger and pricier Yamaha bikes and thus appears rather premium.
Actually, the MT-15 is also referred to as the naked version of the Yamaha R15 because the engine used is the same as that of the R15. It is very agile in the city roads due to its weight and good handling. Its ex-showroom cost in India is between 1.55 lakh and 1.74 lakh.
Yamaha R15 V4
Yamaha R15 V4 is believed to be one of the popular sports bikes among the youth of India. It is based on the bigger supersport bikes of the company and that makes it very appealing and violent.
Features are also an advantage of this bike. It is even more technologically advanced with high features such as TFT display, quickshifter, and traction control. It has an engine that is 155cc, with high-revving, which provides it with excellent performance and handling. In India, it costs around 1.66 lakh to 1.74 lakh in its ex-showroom.
Have the right bike by making an informed decision
Price is not the only thing when purchasing a bike. You should also take into consideration does the bike fit your needs, style of riding as well as your day to day use.

The above bikes are regarded as good in their segments and provide good alternatives in the segment of 2 lakh and more. You can surely put them in your list in case you are seeking a good mix of style, performance and reliability.
Disclaimer: The article is a general information one. Different cities and dealerships can offer different prices of the bike. It should be noted that you should always call the official site, or the closest dealer to get proper details on the features, price and availability of any bike before making purchases.
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