In 2024, India’s bike market is buzzing with top 10 bikes under 1 lakh. These bikes are known for their great value and performance. Models like the Honda SP 125, Honda Shine, and Hero Splendor Plus are leading the pack. They offer the best best budget bikes for those looking to save money without sacrificing quality.
With 213 new models from top brands, buyers have a lot to choose from. They look at the value-for-money motorcycles carefully. They consider the price, mileage, specs, and what others say about them.
Buying a budget bike in India can save you a lot of money. It’s not just smart, but also a cost-effective choice. With over half of India’s vehicles being two-wheelers, the demand for motorcycles is high. These bikes are affordable, reliable, and efficient, making them the top picks for 2024.
Key Takeaways
- The Honda SP 125 is the most popular bike under 1 lakh, with a mileage of 65 kmpl.
- Other top bikes include Honda Shine, TVS Raider 125, Hero Splendor Plus, and Bajaj Pulsar 125. They offer great performance and fuel efficiency.
- These bikes have engine sizes from 109cc to 150cc and fuel tanks from 8 to 13 litres. They cater to different preferences in the affordable segment.
- New models like the Okinawa OKHI 100 and TVS Fiero 125 offer budget-friendly prices and new features.
- The mileage range from 50 to 80.6 km/l means there’s a bike for every fuel efficiency need and riding style.
- Prices range from Rs. 62,630 to Rs. 99,200, so there’s a value-for-money motorcycle for almost every budget.
- Reviews highlight the bikes’ pickup, comfort, and fuel efficiency. They show how important feedback is when buying a bike.
Understanding the Indian Two-Wheeler Market Dynamics
The Indian two-wheeler market is growing fast. People are now choosing economical two-wheelers and affordable motorcycles. This is because more people are moving to cities and want cheap ways to get around.
Key Factors Influencing Bike Choice in India
Many things affect what bikes people choose in India. Price is a big deal, as many want bikes that are cheap but still good quality. Fuel efficiency is also important, as it helps save money. Brands that are reliable and have good service are also key.
The Growing Trend of Economical Motorcycles
More people are choosing economical two-wheelers. These bikes are cheap and still perform well. They fit the budget of most Indians. Here are some numbers to show this trend:
Parameter | Data from 2023 | Forecast for 2032 | % Growth (2024-2032) |
---|---|---|---|
Market Size (Millions of Units) | 21.4 | 86.4 | 16.29% |
Urbanization Rate in India (2021) | 1.34% | N/A | |
Sales growth of two-wheelers (March 2022) | 14.1% | N/A | |
Electric two-wheelers sales | 682,937 (2022-23) | 910,930 (2023-24) | 33.4% |
These numbers show a big increase in interest in economical two-wheelers. The market is getting bigger fast. More people moving to cities means more need for affordable bikes.
Top Factors to Consider When Buying a Budget Bike
When you’re looking to buy a budget bike in India, there are key things to think about. These help you get the most out of your money. Look at how far the bike can go on a tank of gas, how long the engine lasts, and what kind of support you’ll get after you buy it.
Assessing the Mileage for Long-Term Savings
How much gas a bike uses is very important for saving money over time. Bikes like the Hero HF Deluxe and TVS Sport get about 70 kmpl. This means you’ll spend less on gas, helping you save money.
Considering the Engine Performance and Durability
The engine’s strength is crucial for a bike that can handle tough conditions without breaking down. Models like the Honda Shine and Bajaj Platina 110 have strong engines. They offer great power and are reliable, so you won’t need to fix them often.
Importance of After-Sale Services and Brand Reputation
Good after-sale service is key for easy maintenance and getting parts and repairs when you need them. Choosing a brand known for its service can make you feel more confident. Brands like Hero and Honda have strong service networks all over India.
Bike Model | Starting Price (₹) | Mileage (kmpl) | Engine Performance (bhp) | Weight (kg) |
---|---|---|---|---|
TVS Sport | 63,990 | 70 | 7.8 | 110 |
Hero HF Deluxe | 61,895 | 70 | 8.02 | 112 |
Honda Shine | 64,900 | 60 | 10.59 | 115 |
Bajaj Platina 110 | 82,120 | 70 | 8.6 | 118 |
Hero Splendor Plus | 74,491 | 65 | 7.91 | 112 |
The Leading Bike Brands in the Economical Segment
In India, Honda and Hero MotoCorp are top choices for budget-friendly motorcycles. They offer quality, performance, and affordability. Models like the Honda Activa 6G and Hero Splendor Plus are popular for these reasons.
Focusing on Honda's Dominance with Activa 6G and Shine
Honda leads in the budget motorcycle market. The Honda Activa 6G is known for its strong features and affordable price. It’s priced between Rs. 92,958 – Rs. 99,508.
It’s a great choice for city rides because it’s durable and cost-effective.
Hero's Competitive Offerings: Splendor Plus and Pleasure +
Hero MotoCorp’s Splendor Plus is a strong competitor in the budget segment. It’s priced between ₹89,568 – ₹91,056. It’s known for its good mileage and low maintenance costs.
This bike is a reliable choice for daily commutes, thanks to Hero’s reputation for durable and affordable bikes.
Here is a comparative overview of some key models from these leading bike brands:
Model | Price Range (INR) | Mileage (kmpl) | Engine Capacity (cc) |
---|---|---|---|
Honda Activa 6G | 92,958 – 99,508 | 50 | 110 |
Hero Splendor Plus | 89,568 – 91,056 | 70 | 97.2 |
Honda Shine | 91,201 – 99,657 | 65 | 125 |
In conclusion, Honda and Hero MotoCorp are leaders in the economical motorcycle segment. Their bikes offer great value without sacrificing performance or style. They are perfect for cost-conscious riders in India.
Bikes Under 1 Lakh in India: A Comprehensive Overview
In India, many people look for cheap bikes India that cost less than one lakh rupees. This range has many options that are affordable yet still offer good performance and features. They meet the needs of different riders.
The comprehensive bike guide shows that “commuter bikes” are the most popular in this price range. They cost between ₹90,000 to ₹1 lakh. These bikes are perfect for daily commutes, with good features and performance.
When looking at cheap bikes India, it’s important to check the mileage, performance, and safety. For example, the Honda SP 125 Drum has a great mileage of 65 kmpl. This makes it a top choice for those who want to save on fuel.
There are also financial help options that make these bikes more affordable. Loans for two-wheelers come with low interest rates, quick approval, and flexible payments. This makes buying a bike easier. Bajaj Mall and other dealers offer special deals to help with the purchase.
There are many types of bikes to choose from. From the Hero Splendor Plus Xtec to the TVS Raider 125, there’s something for everyone. Each bike has its own unique features and benefits.
In summary, the bikes under Rs. 1 lakh show the growth of the economical two-wheeler guide. They offer a balance between cost and the needs of modern commuting. Whether you want a bike for long trips or one that’s fast, there are many great options.
Unveiling the Most Popular Bikes and Their Features
The appeal of top 10 bikes under 1 lakh is growing. They offer great features and value. Let’s explore the details of these popular motorcycles, known for their design, mileage, and performance.
The Hero Xtreme 125R is praised for its balance of cost and performance. It has a mileage of 66 kmpl from its 124.7CC engine. The Honda SP 125 also attracts those looking to save money, with a 65 kmpl mileage and a 123.94CC engine. These bikes save money in the long run and show off advanced technology at an affordable price.
Model | Price Range | Mileage (kmpl) | Engine Capacity (CC) |
---|---|---|---|
Hero Xtreme 125R | ₹95,000 – ₹99,500 | 66 | 124.7 |
BAJAJ Pulsar N125 | ₹94,707 – ₹98,707 | 64.75 | 124.58 |
Hero Glamour Xtec | ₹87,748 – ₹92,348 | 60 | 124.7 |
Honda SP 125 | ₹86,017 – ₹89,131 | 65 | 123.94 |
Hero Splendor Plus Xtec 2.0 | ₹82,911 | 60 | 97.2 |
The feature-rich bikes listed are in high demand. They offer strong performance and prove that eco-friendly driving doesn’t have to be pricey. These bikes are perfect for daily rides or weekend adventures, offering reliability, style, and value.
In summary, the top 10 bikes under 1 lakh offer a wide range of options. They are efficient, comfortable, and affordable. These popular motorcycles are a favorite among many. They cater to different needs and budgets, making them a hit in the Indian market.
Best Budget Bikes: Who Offers the Best Value?
In India, finding the best budget bikes under ₹1 lakh is easy. Many models stand out for their great price, performance, and reliability. Brands like Honda, Hero, TVS, and Bajaj offer a wide range of motorcycles. These bikes meet different needs and tastes.
The Hero Splendor Plus is a top pick for those who want to save fuel. It gets an impressive 70 kmpl, making it very economical. Honda’s Livo and SP 125 are also great, with good mileage and features for city riders.
Bajaj’s Pulsar 125 is sporty and affordable. It has a strong torque and good ground clearance. This makes it perfect for various terrains.
TVS’s Raider 125 is another strong contender. It’s sleek, light, and efficient, with a mileage of 57 kmpl. It’s great for daily rides. The Hero Xtreme 125R also stands out for its safety features and style.

Bike Model | Mileage (kmpl) | Engine Power (PS) | Torque (Nm) | Kerb Weight (kg) | Safety Features |
---|---|---|---|---|---|
Hero Splendor Plus | 70 | 10.53 | 10.9 | 116 | Standard Brake System |
Honda Livo | 60 | 10.8 | 11.2 | 117 | Combi Brake System (CBS) |
Bajaj Pulsar 125 | 65 | 11.99 | 11 | 126 | Single-channel ABS |
TVS Raider 125 | 57 | 11.38 | 11.2 | 123 | Sync Brake System (SBS) |
Technology keeps getting better, and competition is fierce. This means more and better options for budget bikes in India. Riders can find great bikes without spending a lot.
How to Maximize Your Investment in Affordable Motorcycles
Buying affordable motorcycles needs smart financial planning. In India, the two-wheeler market is huge. Finding the right balance between initial costs and ongoing expenses can boost your investment. Whether you’re getting a loan for a bike or figuring out maintenance costs, your choices affect your wallet for a long time.
Utilizing Insurance and Financing Options Effectively
Getting bike insurance is key to protect your investment from surprises. In India, bike insurance costs between Rs 1,000 to Rs 2,500 a year. It’s a small price for peace of mind. Also, using financing wisely can make bikes more reachable. Two-wheeler loans often have lower interest rates than car loans, helping you manage payments better.
Buying at the right time can also save you money. Dealers offer discounts during festivals and when introducing new models. Choosing the right time and financing can increase your savings and value.
Cost of Ownership and Maintenance: A 5-Year Analysis
Keeping your bike in top shape is key to its long life and value. Bikes need service every 300 km or 100 days, whichever comes first. The first year’s depreciation is steep, but maintenance costs stay low if you take care of it.
Thinking about long-term costs like RTO fees and depreciation is smart. RTO fees are 9-11% of the bike’s cost, and depreciation is about 10% a year after the first year. Knowing these can help you plan well, making your investment in bikes like the TVS Sport or Bajaj CT 110 X last for years.
Maximizing your investment in affordable motorcycles is more than just the price. It’s about choosing the right insurance, smart financing, and managing maintenance costs. These steps, when done well, ensure your bike stays a good deal for years.
Evaluating Performance: Comparing the Top Contenders
When looking at performance bikes under 1 lakh, buyers want efficiency, power, and good prices. This analysis compares several top contender bikes. It shows which ones offer the most value through motorcycle comparisons.

The market for performance motorcycles under 1 lakh is rich and varied. It caters to many riders with different needs. Each bike offers something special, from great fuel efficiency to strong power.
Bike Model | Price (INR) | Engine Displacement (cc) | Max Power (bhp) | Peak Torque (Nm) | Mileage (kmpl) |
---|---|---|---|---|---|
Hero Glamour | Approx 75,000 | 124.7 | 7.75 @ 7500 rpm | 10.4 @ 6000 rpm | 55 |
Honda Shine | Approx 72,000 | 123.94 | 10.59 @ 7500 rpm | 11 @ 6000 rpm | 65 |
Bajaj Pulsar 125 Carbon Split Seat | Approx 91,000 | 124.4 | 11.64 @ 8500 rpm | 10.8 @ 6500 rpm | 50 |
Hero Xtreme 125R | Approx 95,000 | 124.7 | 11.4 @ 8250 rpm | 10.5 @ 6000 rpm | 66 |
Looking at these performance bikes under 1 lakh, we see each brand has focused on what riders want. They’ve worked on handling, fuel efficiency, and keeping costs down. This makes these bikes stand out as top contender bikes in their price range.
Emerging Trends in Economical Two-Wheeler Design and Technology
The Indian two-wheeler market is changing fast. Now, we see innovative motorcycle technology in affordable bikes. Makers are adding cool features without raising prices. This makes bikes look better and ride better too.
Now, attractive budget bikes have cool stuff like digital dashboards and GPS. Even bikes under 1 lakh have safety features like ABS. This shows makers are listening to what people want: more for less.
The Role of Technology in Enhancing Bike Performance
Technology is key in making budget bikes better. Bikes like the Hero Splendor Plus XTEC and Suzuki Gixxer SF use new tech. This means they’re more efficient and fun to ride, without costing too much.
Design Innovations Leading to More Attractive Budget-Friendly Bikes
Modern two-wheeler design trends make budget bikes look great. They have sleek designs and cool graphics. Brands like OLA and TVS have bikes that look as good as pricier ones.
In short, smart tech and cool designs are making attractive budget bikes better. These trends are changing the game for affordable bikes. They show that you can have quality and tech without spending a lot.
The Future of Budget Biking in India: Insights and Predictions
Looking into the future of budget biking, we see many new trends and models. Electric bikes like the Lectrix ECity Zip and Honda Activa e are leading the way. They offer a green and affordable way to travel, using smart tech to make riding better without costing too much.
Also, understanding market insights helps us see what Indian buyers want. Recent data shows a wide range of economical bikes available:
Price Range (₹) | Engine Characteristics | Power (bhp) | Mileage (km/l) |
---|---|---|---|
85,000 – 95,000 (on-road) | 124.7cc, Air cooled, four stroke-single cylinder | 10.7 | 60-65 (approx.) |
99,000 – 1,00,000 (on-road) | 163cc, Air cooled, single cylinder | 15.2 | 45-50 (approx.) |
1,00,000 (on-road) | 199.6cc, Oil-cooling, Single-cylinder | 18.08 | 35-40 (approx.) |
These options let buyers pick based on what they need and like. This is what makes the future of budget biking so exciting.
Future bikes will likely be more fuel-efficient and packed with smart tech. This will make biking both better for the planet and easier on the wallet.
The economical motorcycles in India are set to grow a lot. This growth will bring bikes for all kinds of people. With new ideas and market insights, the next few years will be big for budget biking in India.
Conclusion
The Indian two-wheeler market offers a wide range of budget-friendly bikes. Many motorcycles are priced under ₹1 lakh. This makes it easy for riders to find a bike that fits their budget and meets their needs.
Fuel tank sizes vary from 9.8 liters to 15 liters. Engine sizes range from 97.2 cc to 149.5 cc. This variety caters to different riding styles and preferences.
From commuter bikes to sports bikes, there’s a wide selection. Models like the Bajaj Pulsar 125 offer great performance. They have powerful engines and good torque, making them efficient and fun to ride.
Bajaj Auto leads the market with bikes like the Bajaj Platina 110 Drum and Bajaj Pulsar 125 Disc. These bikes have efficient engines and large fuel tanks. The Pulsar 125 Disc also has front disc brakes for better safety.
The two-wheeler market in India is growing fast. It offers affordable bikes that are also high-quality. This shows the industry’s commitment to meeting and exceeding rider expectations.
FAQ
What are the top 10 bikes under 1 lakh in India for 2024?
The top bikes under 1 lakh include the Honda Activa 6G and Honda Shine. Also, the Hero Splendor Plus, TVS Sport, and Honda Livo are popular. The Bajaj Platina 110, Suzuki Avenis 125, and TVS XL 100 Heavy Duty are favorites too. The Hero Pleasure + and Bajaj Pulsar 125 round out the list, though rankings can change each year.
What key factors influence bike choice in India?
Price, fuel efficiency, brand reputation, after-sale services, and design are key. These factors greatly influence bike choice in India.
Is there a growing trend of economical motorcycles in India?
Yes, economical motorcycles are becoming more popular in India. This is due to rising living costs and the need for affordable transport. Riders seek bikes that save on fuel and have low maintenance costs without sacrificing quality.
What should I consider when purchasing a budget bike?
Look at the bike’s mileage for long-term savings. Check the engine’s performance and durability for a reliable ride. Also, consider the brand’s reputation for after-sale services, as it affects the ownership experience and maintenance costs.
Which bike brands lead the economical segment in India?
Honda and Hero MotoCorp lead in the economical segment. Honda offers the Activa 6G and Shine, known for quality and performance. Hero, with the Splendor Plus and Pleasure +, also focuses on affordability and quality.
What features are most popular in bikes under 1 lakh?
Popular features include high fuel efficiency, durability, and low maintenance costs. Robust design and technological features like digital displays and connectivity are also in demand.
Which budget bikes offer the best value for money?
The Honda Livo, Hero Glamour 125, TVS Radeon, Bajaj CT 125X, and Hero Splendor Plus XTEC offer great value. They balance features, efficiency, and performance at a competitive price.
How can I maximize my investment when buying an affordable motorcycle?
Look for affordable insurance and financing plans. Analyze maintenance and ownership costs over 5 years. This helps understand the long-term financial impact.
How do I compare performance among the top bikes under 1 lakh?
Compare by looking at mileage, engine power, handling, fuel efficiency, and comfort. Match these against the bike’s price to find the best value.
What are the latest design and technology trends in economical motorcycles?
The latest trends include digital displays, Bluetooth connectivity, and stylish designs. These advancements improve fuel efficiency and ride quality.
What does the future look like for budget biking in India?
The future for budget biking in India is bright. Manufacturers are creating models that are affordable yet feature-rich. Expect more electric bikes, improved fuel efficiency, and smart technologies in the market.