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One of the most popular modes of transportation is bikes, especially among the youth. However, the best bikes can cost up to Rs 2 lakh. Also, with rising fuel prices, people are now looking for the best mileage bikes under 2 Lakh. As a wise decision, most bike enthusiasts, instead of paying the bike cost upfront, take a two-wheeler loan from Hero FinCorp.
In this article, we will talk about factors to consider before buying a bike. We will also talk about bikes under 2 Lakh with their on-road price.
Also Read: 6 Benefits of Two-Wheeler Loans That Make Your Life Easy
When purchasing a bike under 2 Lakh, several factors should be considered to make an informed decision. Some of these are:
It is one of the most important factors to consider when buying a bike, as it directly affects the vehicle's running cost. So when considering one of the top 10 bikes under 2 Lakh, checking fuel efficiency is a must. This can save you a lot of money in the long run.
It's essential to consider the maintenance cost of the bike as it can vary significantly from model to model. Even the best mileage bikes under 2 Lakh include the cost of regular servicing, spare parts replacement, and repairs.
The brand value of a bike is an essential factor to consider, as it can affect the bike's resale value. Buying a bike from a reputable brand can ensure better resale value and reliable after-sales service. Plus, it affects the bike loan interest rates.
The resale value of a bike is an essential consideration as it determines the bike's value when you decide to sell it. Bikes with higher resale value can fetch you a better price when you sell them.
The features of a bike can vary significantly from model to model. Some features you may want to consider are ABS, comfortable seats, a digital instrument cluster, and other features like USB charging.
The engine displacement of a bike can affect its performance and fuel efficiency. Bikes with higher engine displacement generally have better performance but lower fuel efficiency.
The riding comfort of a bike is an important consideration, especially if you plan to use the bike for long rides. Features like a comfortable seat, good suspension, and adequate legroom can ensure a comfortable riding experience.
The style and design of a bike are subjective and vary from person to person. However, choosing a bike, you find aesthetically pleasing and suits your personality is important.
The handling and stability of a bike are important considerations, especially if you plan to get the best mileage bike under 2 Lakh for daily commuting. Features like good brakes, suspension, and a stable chassis can ensure better handling and stability.
Finally, the cost of the bike is an important consideration. While it's important to consider all the above factors, choosing a bike that fits your budget is also essential. Several good options are available under 2 Lakh, so choose a bike that offers the best value for your money.
To make an informed decision, compare different bikes based on these factors and take a test ride before purchasing.
Here are some of the top bikes in India under 2 Lakh with approx. on-road price:
The Splendor+ is a popular motorcycle model manufactured by Hero MotoCorp in India.
Key features:
Price Range: The ex-showroom price of Splendor+ in India start at around Rs. 65,000 and goes up to Rs. 73,000, depending on the variant and location.
Color Variants: The Splendor+ is available in several colour options, including Black with Silver, Black with Purple, Heavy Grey with Green, Black with Sports Red, Black with Red, Black with Grey, and Black with Blue.
The Xpulse 200T 4V is an adventure touring motorcycle manufactured by Hero MotoCorp in India.
Key features:
Price Range: The ex-showroom price of Xpulse 200T 4V in India starts at around Rs. 1.25 lakh and goes up to Rs. 1.35 lakh, depending on the variant and location.
Color Variants: The Xpulse 200T 4V is available in several colour options, including Sports Red, Matte Shield Gold, Matte Grey, and Panther Black.
The Super Splendor is a commuter motorcycle manufactured by Hero MotoCorp in India.
Key features:
Price Range: The ex-showroom price of Super Splendor in India start at around Rs. 72,000 and goes up to Rs. 78,000 depending on the variant and location.
Color Variants: The Super Splendor is available in several colour options, including Heavy Grey with Green, Nexus Blue, Glaze Black, Candy Blazing Red, and Black with Fiery Red.
The Passion Pro is a commuter motorcycle manufactured by Hero MotoCorp in India.
Key features:
Price Range: The ex-showroom price of Passion Pro in India start at around Rs. 70,000 and goes up to Rs. 77,000 depending on the variant and location.
Color Variants: The Passion Pro is available in several colour options, including Sports Red, Moon Yellow, Glaze Black, Heavy Grey Metallic, and Techno Blue.
The Glamour is a commuter motorcycle manufactured by Hero MotoCorp in India.
Key features:
Price Range: The ex-showroom price of Glamour in India start at around Rs. 75,000 and goes up to Rs. 82,000 depending on the variant and location.
Color Variants: The Glamour is available in several colour options, including Blaze Edition, Radiant Red, Techno Blue, Tornado Grey, and Sports Red.
You can choose any Hero MotoCorp bike listed here with our Two Wheeler Loans of up to Rs 1 Lakh with a repayment tenure of up to 48 months. Our loans can fund up to 95% of the bike's cost at the best interest rates. What’s more, the loan can be approved within a few minutes.
Buying a bike under 2 Lakh can be a significant decision for those looking for an affordable and fuel-efficient mode of transportation. When purchasing, it's essential to consider factors like fuel efficiency, maintenance cost, brand value, resale value, and features. The bikes mentioned in this article are some of the best options available in India under 2 Lakh. Finance your favourite bike with Hero FinCorp’s Two Wheeler Loan today!
1. What are some of the best bikes under 2 lakh in India for 2024?
The best Hero bikes under 2 lakh in India for 2024 include the Hero Xtreme 160R, Hero XPulse 200, and Hero Glamour, known for their performance, style, and affordability.
2. Which bike under 2 lakh offers the best mileage?
The Hero Glamour offers excellent mileage among bikes under 2 lakh, making it a top choice for fuel efficiency.
3. What is the price range of bikes under 2 lakh in India for 2024?
Hero offers several bikes under 2 lakh in India for 2024. The price range includes models like the Hero Glamour, priced around ₹78,000, the Hero Xpulse 200T at approximately ₹1.24 lakh, and the Hero Xtreme 160R starting at ₹1.20 lakh. These bikes provide excellent value for their price.
4. Are there any good cruiser bikes under 2 lakh?
Yes, Hero MotoCorp offers the Xtreme 160R and the Xpulse 200T, both of which are great options for cruiser bikes under 2 lakh.
5. Best bike under 2 lakh for family?
The Hero Splendor Plus and the Hero Super Splendor are excellent choices for family bikes under 2 lakh.
The act of paying out money for any kind of transaction is known as disbursement. From a lending perspective this usual implies the transfer of the loan amount to the borrower. It may cover paying to operate a business, dividend payments, cash outflow etc. So if disbursements are more than revenues, then cash flow of an entity is negative, and may indicate possible insolvency.
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