Bike Options Under INR 1 Lakh in India

By Vikas Chandra Das

22 July 2022, 10:19 AM

Do you wish to buy a bike for less than INR 1 lakh? We all know that price is one of the most important considerations along with a bike insurance policy when purchasing a motorcycle. However, selecting a suitable bike that fits your budget can be challenging with many alternatives available.

As a result, we have created a comprehensive list of the best bikes available for under INR 1 lakh. View the entire list of bikes and the details for each so you can select the best alternative for under INR 1 lakh.

Bajaj Pulsar 125

In India, the Bajaj Pulsar 125 commuter bike has a starting price of INR 78,669. Four models and three colours are available, with the top variant starting at INR 87,018. Bajaj Pulsar 125 is propelled by a 124.4cc BS6 engine that produces 10.8 Nm of torque and 11.64 power-horsepower. The Bajaj motorcycle offers a dual-wheel braking system with both front and rear drum brakes. The petrol tank on this Pulsar 125 bike can hold 11.5 litres and weighs 140 kg.

Honda SP 125

The starting price for Honda SP 125 bike, which offers excellent mileage in India, is INR 80,641. It comes in 2 variations and five colour options, with the top variation starting at INR 84,786. The 124cc BS6 engine that powers the Honda SP 125 produces 10.72 horsepower and 10.9 Nm of torque. Honda SP 125 has a dual-wheel braking system featuring both front and rear drum brakes. This SP 125 motorcycle weighs 117 kg and has an 11-litre oil container.

Read more - Honda SP 125 Two Wheeler Insurance

Hero Glamour

In India, the Hero Glamour commuter bike has a base price of INR 76,363. There are 12 variations and 13 colours, with the top model starting at INR 88,845. The Hero Glamour is powered by a 124.7cc BS6 engine that produces 10.72 horsepower and 10.6 Nm of torque. Hero Glamour offers a combined braking system of both wheels with front and rear drum brakes. The oil tank on this Glamour bike can hold 10 litres of fuel and weighs 122 kg. It has many features that are not generally observed in bikes under INR 1 lakh.

Read more - Hero Motocorp Glamour Insurance

Hero Passion Pro

In India, a commuter bike - Hero Passion Pro - costs INR 70,198. It comes in 6 models and seven colours, with the flagship variant starting at INR 78,921. The 110cc BS6 engine that powers the Hero Passion Pro produces 9.02 horsepower and 9.89 Nm of torque. Hero Passion Pro creates a combined braking system of both wheels with front and rear drum brakes. The fuel tank on this Passion Pro bike can hold 10 litres of fuel and weighs 117 kg. Hence, it is the perfect budget option for daily commuters in India.

Read more - Hero MotoCorp Passion Insurance

Bajaj CT 110

The starting price for a high-mileage Bajaj CT 110 is INR 56,625. It comes in 2 models and seven colours, with the top variant starting at Rs. 61,563 in pricing. The 115.45cc BS6 engine that powers the Bajaj CT 110 produces 8.48 horsepower and 9.81 Nm of torque. The Bajaj CT 110 has a dual-wheel braking system with both front and rear drum brakes. The fuel tank on this CT 110 bike can store 10.5 litres of fuel and weighs 118 kg.

Honda Shine

In India, the Honda Shine commuter bike has a starting price of INR 75,710. It comes in 2 variations and five colour options, with the top variation starting at INR 80,124. The 124cc BS6 engine that propels the Honda Shine produces 10.59 horsepower and 11 Nm of torque. Honda Shine has a dual-wheel braking system comprising front and rear drum brakes. There is a 10.5-litre petrol tank on this Shine bike that weighs 114 kg. It has excellent features offered on a budget, which is why it is among the top choice of bike lovers in India.

Read more - Honda Shine BS6

Hero Splendor Plus

The Hero Splendor Plus commuter bike has a starting price of INR 67,519 in India. It is offered in 13 colours and five variations, with the top variation starting at INR 74,123. Hero Splendor Plus is backed by a 97.2cc BS6 engine that generates 7.91 horsepower and 8.05 Nm of torque. It has a combined braking system for both wheels, thanks to its front and rear drum brakes. The fuel tank capacity for this Splendor Plus bike is 9.8 gallons, and it weighs 112 kg. It has been among India's top budget choices for bikes for the past few years.

TVS Sport

TVS Sport has gained a lot of popularity in India over the past few years because of the value it offers. The baseline price of the mileage bike TVS Sport in India is INR 58,957. It comes in two types and seven colours, and the top option costs INR 64,291. The 109.7cc BS6 engine that powers the TVS Sport produces 8.18 horsepower and 8.7 Nm of torque. TVS Sport offers a combined braking system for both wheels with front and rear drum brakes. The fuel tank on this sports bike can hold 10 litres of petrol and weighs 110 kg.

Read more - TVS Sport Two Wheeler Insurance

Add ons for your Two Wheeler Insurance

Consumables Cover

Engine Protection Cover

NCB Protection Cover

Passenger Cover

Return to Invoice Cover

Roadside Assistance Cover

Tyre Protection Cover

Zero Depreciation Cover

FAQs

1. Which bike insurance policies are mandatory to acquire in India?

According to the Motor Vehicles Act, 1988, all vehicle owners must have third-party bike insurance in India. You are required to get a 5-year two-wheeler insurance coverage if you are a new two-wheeler owner and decided to go along with basic third-party bike insurance.

2. Which are the top bike options in India for a budget of less than INR 1 Lakh?

India's most acclaimed and widely popular bike options under Rs. 1 Lakh include Bajaj Pulsar 125, TVS Sport, Hero Passion Pro, and Honda Shine.

3. Is the bike reservation fee refundable?

You must contact the dealer and ask to rescind the reservation, providing the booking reference number and mobile number (that you used while booking). The dealer will return the total booking cost for any legitimate cancellation requests.

4. Are bikes cheaper in the winter?

Since they don't move as much stock when riding situations aren't as good, bike shops in areas with cooler off-seasons are likely to offer discounted bikes. But a common practice among bike stores is to reduce the price of bikes from previous model years to eliminate them and create space for new models. You can also avail discounts on bike insurance premiums whenever applicable.

5. What is the GST rate for bikes and bike insurance?

Bikes with engines under 350cc pay a GST tax rate of 28% (base rate). However, a compensatory surcharge of 3% is applied to the base rate if the bike's engine capacity surpasses 350cc, raising the overall tax rate to 31%. The GST for two-wheeler insurance is 18%.

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