The Indian two-wheeler market has seen tremendous growth in recent years. With rising disposable incomes, more and more people are able to afford bikes that offer great performance, features, and value for money. The sub-₹1 Lakh segment, in particular, has become extremely popular, with almost every major manufacturer offering multiple options.
So, let’s take a look at some of the most popular bikes under ₹1 lakh in 2024 so that you can make an informed decision.
List of Top 10 Bikes under ₹1 Lakh
Note:
- Bike Models are not arranged in an order of ranking
- All bike prices mentioned are subject to revision (& variation)
Important: The mileage figures quoted in this blog are from standard testing conditions. Actual mileage may vary depending on riding style, load, traffic conditions, weather patterns and maintenance of the vehicle.
Review of 10 Bikes under ₹1 Lakh in India
Let us have a detailed look at the best bikes under ₹1 lakh in India.
Bajaj Pulsar 125
This bike is easy to handle and comfortable to ride even for new riders. With its sporty styling and good performance, the Pulsar 125 offers an accessible introduction to the Pulsar family of bikes. It is one of the top bikes under ₹1 lakh in India.
Honda SP 125
Honda's SP 125 is a reliable commuter bike powered by a 123.94 cc engine. It features fuel injection technology, a silent start system, and a digital speedometer. Bike riders know the SP 125 for its smooth ride and excellent mileage.
TVS Raider
The TVS Raider is a 124.8cc bike good for daily city commuting. It offers a wide digital speedometer, LED headlamp, and muscular design. It is a good option, especially for younger riders looking for their first bike.
Bajaj Platina 110
Known for its exceptional comfort, the Platina 110 features Bajaj's ComforTec technology with spring-on-spring suspension. It offers a long, quilted seat and rubber footpads to reduce vibrations. These features make it popular among long-distance commuters and those who prioritise ride comfort.
TVS Radeon
This bike blends traditional commuter aesthetics with modern features. It offers a USB charging port, LED DRL, and an Eco and Power mode indicator. The Radeon's sturdy build and high ground clearance make it suitable for both urban and semi-urban environments.
Hero Glamour XTEC
Targeting tech-savvy commuters, the Glamour XTEC comes with a fully digital instrument cluster featuring turn-by-turn navigation. It also offers an integrated USB charger and Hero's i3s start-stop technology for improved fuel efficiency. These features make it stand out in the competitive 125cc segment.
Hero Splendor Plus
An iconic name in Indian motorcycling, the Splendor Plus is renowned for its reliability and low maintenance costs. It features Hero's i3s technology for better fuel efficiency and comes with alloy wheels and tubeless tyres. Its consistent performance and brand value make it a favourite among budget-conscious riders.
Honda Livo
Positioned as a stylish 110cc commuter, the Livo offers a mix of good looks and practicality. It features an ACG silent start, a DC headlamp, and an engine start/stop switch. The bike's design and features appeal to young riders looking for a fashionable yet economical commuter.
Hero Xtreme 125R
This bike brings a sporty flavour to the 125cc segment. It features LED headlamps, a digital speedometer, and petal disc brakes. The Xtreme 125R's aggressive styling and performance-oriented components target young enthusiasts who want a more exciting commuting experience.
Bajaj Pulsar 125 Neon
This variant adds visual flair to the standard Pulsar 125 with neon-coloured accents. It retains the Pulsar's sporty features, such as a belly pan, clip-on handlebars, and split seat. The Neon edition appeals to style-conscious riders who want the Pulsar look at a more accessible price point.
Financing Your Dream Bike
We, at Shriram Finance, understand the excitement that comes with owning a new bike. We are committed to making the journey of owning your dream bike seamless and easy. Let us have a look at the key points that make our loan financing simply unmatchable.
- Our interest rates start at just 10%* per annum.
- We offer up to 100% finance for the on-road price of your bike.
- We offer quick and fully digital loan approval.
- We make sure that the entire loan process is hassle-free with minimum documentation.
- You can make your bike EMI payment online with us in just a few easy steps.
With our top bike loan features on offer, nothing should come in the way of you and the dream bike you have always dreamed of.
Disclaimer: The information provided above is indicative only and not a commitment for financing. Actual loan eligibility, interest rate, fees and terms are determined after credit evaluation by Shriram Finance. Applicable terms and conditions apply. Please visit your nearest branch for detailed information.
Conclusion
If you are looking for a budget-friendly bike, there are many popular bikes under ₹1 lakh in India. All you have to do is set your priorities right and select the right finance partner that can help you realise your dream.
Lack of instant funds should never stand in the way of owning your dream bike. Head over to the website of Shriram Finance to get started on your two-wheeler loan application process.
FAQs
1. Which is the most stylish bike under ₹1 lakh in India?
There are several stylish bike options you can consider under ₹1 lakh. TVS Raider and Bajaj Pulsar 125 are two such options.
2. Which bike under ₹1 lakh gives the most power-packed on-road performance?
The 14.35 bhp engine of Hero Glamour XTEC is designed to help you rule the streets with its power-packed performance.
3. Which bike brand offers the best after-sales services?
Top bike brands in India, such as TVS, Hero, Bajaj, and Honda, are popular among bike riders because of their after-sales services.
4. Which is the highest-selling bike in India?
The Hero Splendor is the undisputed leader in terms of sales in the Indian bike market. It has been the most popular bike for many years now.
5. How can I obtain the best bike loan in India?
With Shriram Finance, you can secure a bike loan for your dream bike through a seamless process. Interest rates at Shriram Finance start at just 10% p.a.*