5 Best Motorcycles Under Rs. 2 Lakh In 2026 - Car and Bike

5 Best Motorcycles Under Rs. 2 Lakh In 2026 - Car and Bike

17 August 2026 By Sankar Kumar

The Indian motorcycle market in 2026 offers a plethora of options for budget-conscious enthusiasts. With the rising demand for fuel-efficient and feature-packed commuters, manufacturers have stepped up their game. Here, we list the five best motorcycles under Rs. 2 lakh (ex-showroom) that combine performance, style, and value. These bikes are perfect for daily commuting and weekend getaways, ensuring you get the most bang for your buck.

2 lakh
growth
1.22 lakh
range
45 km
sales

Leading the pack is the TVS Apache RTR 160 4V, a sporty commuter that has been a favourite among young riders. Priced at Rs. 1.22 lakh (ex-showroom), it delivers a punchy 17.5 PS of power and offers a claimed mileage of 45 km/l. Its aggressive styling and responsive handling make it a joy to ride in city traffic. Next up is the Bajaj Pulsar NS160, which comes with a 160cc engine producing 17.2 PS and a mileage of 40 km/l. At Rs. 1.28 lakh, it offers a muscular look and a comfortable riding posture, ideal for long rides.

For those who prefer a more retro aesthetic, the Yamaha FZ-S Fi Version 4.0 is a great choice. Priced at Rs. 1.30 lakh, it features a 149cc engine that churns out 12.4 PS and returns a mileage of 45 km/l. Its fuel-injected engine ensures smooth power delivery, and the bike's comfortable seat and upright handlebars make it perfect for city commutes. The Honda SP160, with its refined 160cc engine, generates 13.5 PS and offers a mileage of 45 km/l. At Rs. 1.18 lakh, it is one of the most affordable options in this segment, and Honda's reliability adds to its appeal.

Finally, the Suzuki Gixxer 155 is a standout performer, priced at Rs. 1.35 lakh. It produces 13.6 PS of power and delivers a mileage of 45 km/l. With its sharp looks and superb handling, the Gixxer has carved a niche for itself among enthusiasts. All these bikes come with modern features like LED headlamps, digital instrument clusters, and ABS as standard, ensuring safety and convenience.

MotorcyclePrice (ex-showroom)Power (PS)Mileage (km/l)
TVS Apache RTR 160 4VRs. 1.22 lakh17.545
Bajaj Pulsar NS160Rs. 1.28 lakh17.240
Yamaha FZ-S Fi Version 4.0Rs. 1.30 lakh12.445
Honda SP160Rs. 1.18 lakh13.545
Suzuki Gixxer 155Rs. 1.35 lakh13.645
Analysts say that the sub-2 lakh segment is crucial for manufacturers, as it attracts first-time buyers and daily commuters who seek a balance of affordability and performance.

Each of these motorcycles offers a unique set of features, from connected technology to advanced braking systems. The TVS Apache RTR 160 4V, for instance, comes with a smartXonnect system that provides navigation and call alerts, while the Suzuki Gixxer 155 boasts a fully digital display with a gear position indicator. The Yamaha FZ-S features a side-stand engine cut-off and a stylish LED headlight, adding to its practicality.

When choosing your ideal bike, consider factors like service network, resale value, and spare part availability. All five bikes have a strong presence across India, with extensive service networks. Additionally, their fuel efficiency makes them economical for daily use, with running costs as low as Rs. 1.5 per km, depending on fuel prices. With the festive season approaching, many manufacturers are offering attractive financing schemes and exchange bonuses, making it an opportune time to buy.

In conclusion, the under Rs. 2 lakh segment in 2026 is brimming with excellent options that cater to diverse preferences. Whether you prioritise sporty performance, retro charm, or everyday practicality, there is a bike for you. Visit your nearest dealership to test ride these machines and feel the difference. For more detailed reviews and comparisons, head over to Autoverse and make an informed decision. Don't miss out on the latest updates and expert insights – click through now!