The soaring prices of bikes have rendered budget-friendly bikes a more attractive option for buyers. In India, where the two-wheeler industry is burgeoning, and millions of people use bikes for transportation, it is imperative to have manufacturers providing affordable options.
As such, the market for bikes under 1 lakh rupees is hotly contested. From Honda to Bajaj, there is no shortage of options. As a buyer interested in economical options, you need to keep several things in mind, including features, specifications, durability, maintenance cost, and fuel efficiency.
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Importance of bikes to customers
The Indian market is unique in the sense that low-cost products sell the most, and motorcycles are no exception. The Indian economy is facing hard times, with many people struggling to make ends meet. In addition, road congestion is widespread, leading to the need for more efficient modes of transportation. This combination of factors has made it necessary to have affordable bikes that still offer value for money.
To put the significance of budget-friendly bikes in context, we need to look at the bike sales figures in India. According to the Society of Indian Automobile Manufacturers (SIAM), motorcycles remain the primary mode of public transport with 13.4 million units sold in FY20. This marks an 18.2% decline from the 16.4 million units sold in FY19. The drop-in sales can be attributed to factors such as the pandemic and the prevailing economic climate.
The current economic situation affects the buying decision
The Indian economy has taken a major hit due to the COVID-19 pandemic, which has led to job losses, pay cuts, and financial insecurity for millions of people. This situation has affected people’s buying decisions, leading them to look for budget-friendly options. Additionally, the sharp increase in petrol prices in India in recent times has made mileage a deciding parameter for buyers.
Bikes under 1 lakh in India
Without further ado, here are the top budget-friendly bikes in India ranked based on sales figures and customer feedback.
Honda Bikes under 1 lakh
1. Honda CB Shine SP
Honda CB Shine SP is one of the most successful motorcycles in India. The 124cc bike comes with a five-speed manual gearbox and produces 10.3 BHP of power and 11 Nm of torque. The motorcycle features a modern design, fuel injection, and tubeless tires. Additionally, it boasts an impressive mileage of 65 kmpl, making it one of the most fuel-efficient bikes in India. The Honda CB Shine SP price starts at INR 71,090.
2. Honda Shine
Honda Shine was launched in 2006 and has since then become a popular option for buyers looking for a fuel-efficient bike in India. Powered by a 125cc engine, the bike produces 10.3 BHP of power and 11 Nm of torque. It features a sporty design and has a mileage of 65 kmpl. Honda Shine price starts at INR 71,550.
The bike is available in two variants – drum and disc, with the latter getting a 240 mm front disc brake. Honda claims that the Shine returns a fuel efficiency of 65 kmpl. Shine Ex-Showroom price start at Delhi, Shine Drum – Rs.78687 and Shine Disc – Rs.82687, You can see here the price state and city wise
3. Honda Livo
Honda Livo is a stylish and fuel-efficient bike designed for city rides. Equipped with a 109cc engine, the bike produces 8.31 BHP of power and 9.09 Nm of torque. It features a compact design that enables easy maneuverability, and it boasts an impressive mileage of 74 kmpl. Honda Livo price starts at INR 69,422.
4. Honda Shine 100
Honda Shine 100 is an entry-level motorcycle designed for beginners. It comes with a 100cc engine that produces 7.6 BHP of power and 8.5 Nm of torque. The bike features a trendy design and has a fuel efficiency of 65 kmpl. Honda Shine 100 price starts at INR 67,857.
Honda CD 110 Dream is a commuter bike that boasts an impressive fuel efficiency of 65 kmpl. It comes with a 110cc engine that produces 8.6 BHP of power and 9.30 Nm of torque. The bike has a simple design and is ideal for city rides. Honda CD 110 Dream price starts at INR 64,508.
Hero bikes under 1 lakh
Hero Splendor Plus is a common household name and one of India’s best-selling motorcycles. It comes with a 97.2cc engine that produces 8.02 BHP of power and 8.05 Nm of torque. The motorcycle has an old-school design with a modern twist, and features include self-start and alloy wheels. Hero Splendor Plus price starts at INR 62,535.
Hero Super Splendor is designed for long rides and is one of the best-selling motorcycles in the country. The 124.7cc motorbike produces 10.8 BHP of power and 10.6 Nm of torque. It features a sleek design and a comfortable seat, making it ideal for long journeys. The motorcycle boasts an impressive mileage of 80 kmpl, making it a highly fuel-efficient option. The Hero Super Splendor price starts at INR 69,900.
Hero Passion Pro is popular among Indian buyers due to its sleek design, comfortable seat, and power-packed performance. The motorcycle comes with a 110cc engine which produces 9.2 BHP of power and 9.89 Nm of torque. It features a semi-digital display and has an impressive mileage of 60 kmpl. Hero Passion Pro price starts at INR 66,500.
TVS bikes under 1 lakh
1. TVS Sport
TVS Sport is a budget-friendly bike available in India. The bike is equipped with a 109cc engine that produces 7.3 BHP of power and 7.5 Nm of torque. It has a sporty design and an impressive mileage of 95 kmpl. TVS Sport’s price starts at INR 73,452.
2. TVS Radeon
TVS Radeon is a stylish and fuel-efficient bike that comes with a 109cc engine that produces 8.4 BHP of power and 8.7 Nm of torque. The bike has a retro design and features a comfortable seat, making it ideal for long rides. The TVS Radeon mileage is 69 kmpl, and the price starts at INR 59,942.
TVS Star City Plus is a sleek and fuel-efficient bike that comes with a 109.7cc engine that produces 8.08 BHP of power and 8.7 Nm of torque. The bike has a stylish design and features tubeless tires, a digital speedometer, and LED daytime running lights. The TVS Star City Plus mileage is 70 kmpl, and the price starts at INR 63,995.
Banjaj bikes under 1 lakh
Bajaj Platina 110 is a popular choice for buyers looking for a budget-friendly motorcycle that provides a comfortable ride. The bike comes with an 115cc engine that produces 8.6 BHP of power and 9.81 Nm of torque. It features an anti-skid braking system and has an impressive mileage of 80 kmpl. Bajaj Platina 110 price starts at INR 65,614.
Bajaj CT 110X is a rugged and sporty bike that comes with a 115cc engine that produces 8.6 BHP of power and 9.81 Nm of torque. The bike has a unique design and is ideal for rough terrains. The Bajaj CT 110X mileage is 80 kmpl, and the price starts at INR 55,494.
Bajaj Platina 100 is a commuter bike designed for daily use. The bike comes with a 102cc engine that produces 7.9 BHP of power and 8.34 Nm of torque. It has a unique design and is lightweight, making it easy to handle. The Bajaj Platina 100 mileage is 80 kmpl, and the price starts at INR 53,552.
Bajaj CT 125X is a sporty and rugged bike that comes with a 124cc engine that produces 11.8 BHP of power and 10.8 Nm of torque. It has an anti-skid braking system and features trendy graphics. The Bajaj CT 125X mileage is 65 kmpl, and the price starts at INR 78,926.
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The Indian two-wheeler market is bustling with bikes ranging from high-end motorbikes to budget-friendly options. The top five bikes under one lakh rupees are the Honda CB Shine SP, Hero Splendor Plus, Hero Super Splendor, Hero Passion Pro, and Honda Shine. Other great options worth considering include Honda Livo, Honda Shine 100, Honda CD 110 Dream, TVS Sport, TVS Radeon, TVS Star City Plus, Bajaj Platina 110, Bajaj CT 110X, Bajaj Platina 100, and Bajaj CT 125X.
Before making a purchase, several factors need to be taken into consideration, such as mileage, maintenance cost, durability, and most importantly, the price. All of the bikes mentioned in this article are great options for buyers who are looking for affordable and fuel-efficient options.