India’s two-wheeler market is one of the largest in the world, with annual sales inching close to the 20 million mark. Amid the flurry of best-sellers and blockbusters, some genuinely capable motorcycles often go unnoticed. These bikes may not dominate sales charts, but they offer impressive value, strong performance, and unique character—traits that should earn them more attention. Here’s our pick of five underrated motorcycles under Rs 2 lakh (ex-showroom) that deserve a second look.
1. TVS Ronin (Rs 1.35 lakh – Rs 1.75 lakh)
Available in three variants, each with two colour options, the TVS Ronin has slowly been gaining popularity. It entered the market with a unique retro-modern design that didn’t immediately click with mainstream buyers, especially given its unconventional styling and pricing that initially put it in direct competition with more established Royal Enfield models.
However, the Ronin has come into its own. It offers a refined engine, smooth power delivery, and a relaxed riding posture that makes it ideal for urban commutes and casual rides. While its quirky looks remain divisive, it is easily one of the most comfortable and accessible bikes in its segment today.
2. Bajaj Pulsar N250 (Rs 1.51 lakh)
Despite being the spiritual successor to the legendary Pulsar 220F, the Pulsar N250 hasn’t quite made the same impact. Its restrained styling and basic mechanicals (5-speed gearbox, oil cooling) have limited its appeal among younger buyers seeking flash and features.
But under the surface, the N250 is a highly capable all-rounder. It boasts a strong mid-range, confident handling, and excellent ride quality. Bajaj’s 2024 update brought in much-needed tech like a fully digital display and upside-down forks, making it an even more compelling proposition for riders who want substance over flair.
3. Honda CB300F (Rs 1.70 lakh)
The CB300F might not shout for attention, but it certainly deserves it. Powered by a 24hp engine and weighing just 153kg, this Honda punches well above its weight. It’s actually the fastest bike in this list when it comes to 0–100kph acceleration and offers a respectable 35kpl mileage figure.
Although the engine can feel a bit buzzy at higher revs, the CB300F makes up for it with nimble handling, strong brakes, and everyday usability. Honda also offers a Flex-Fuel (E85-compliant) version at the same price, adding future-ready appeal to its practical persona.
4. Hero Karizma XMR (Rs 1.81 lakh – Rs 2.01 lakh)
A revival of an iconic name, the Karizma XMR is Hero’s modern answer to bikes like the Yamaha R15 V4. Not only does it outpower the R15, but it also offers better comfort, especially for longer rides, thanks to a less aggressive riding posture.
Hero has addressed initial criticisms by upgrading the top variants with USD forks, further enhancing its appeal. While the overall fit and finish aren’t quite at the Yamaha level and brand prestige might be lacking, the XMR is an impressive mix of performance and practicality in the entry-level sportbike space.
5. Triumph Speed 400 T4 (Rs 1.99 lakh – Rs 2.03 lakh)
The Speed T4 narrowly fits this list on price but comfortably earns its spot on merit. Based on the acclaimed Triumph Speed 400, this more accessible version gets a de-tuned 31hp engine, simplified suspension, and fewer premium components—but retains the same chassis and basic engine architecture.
Despite the power drop, the T4 still offers sprightly performance, impressive refinement, and a more relaxed riding nature. With a recent price cut of Rs 45,000, it now provides excellent value and opens the door to a premium riding experience at an affordable price.
Final Thoughts
While these five bikes may not be bestsellers, each brings something unique to the table—be it comfort, performance, or sheer value. If you’re shopping for a motorcycle under Rs 2 lakh, these hidden gems deserve a closer look before you make your final decision.
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