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*Bike Loan EMI Calculator is only for illustration purposes. For actual calculations refer to your Repayment Schedule & Loan Agreement.*T&C Apply
Own the best bikes below ₹1 lakh with affordable EMIs from IDFC FIRST Bank.
- Cover up to 95% of the bike's on-road price
- Choose flexible repayment terms from 6 to 60 months
- Competitive interest rates
- 100% digital application with instant eligibility checks
When you are searching for the best bike below ₹1 lakh, you have great options that equilibrate mileage, reliability, and price. For commuters who ride daily, the best mileage bike below ₹1 lakh can save on fuel bills without sacrificing comfort. For fashion-first buyers, there are feature-packed commuters that maintain the bike price below ₹1 lakh. With IDFC FIRST Bank’s two-wheeler loans, you can conveniently purchase a bike in ₹1 lakh through simple EMIs, minimal documentation, and a hassle-free, digital experience.
The following table lists down the details of bikes available under ₹1 lakh.
Model | Segment | Claimed Mileage (approx.) | Engine | Why it fits under ₹1 lakh |
Hero Splendor+ | Commuter | ~65 km/l | 97.2 cc | Select variants are priced below ₹1 lakh and are known for exceptional fuel economy. |
Honda Shine 125 | Commuter | ~60 km/l | 125 cc | Popular city bike with refined performance and variants available under ₹1 lakh. |
Bajaj Pulsar 125 | Sport-Commuter | ~55 km/l | 124.4 cc | Sporty design with commuter practicality and entry variants below ₹1 lakh. |
TVS Raider 125 | Premium Commuter | ~57 km/l | ~124.8 cc | ~Feature-rich and youthful, with select trims around the ₹1 lakh mark. |
Hero Glamour (XTEC) | Tech Commuter | ~55 km/l | ~124.7 cc | Connected features and comfort with variants under ₹1 lakh, depending on city. |
Across the various options available, the below-given bikes are the most popular ones available below ₹1 lakh.
1. Hero Splendor+
This classic commuter is typically thought of as the best mileage bike below ₹1 lakh due to its surefire efficiency and minimal running expenses. Its affordable maintenance and good resale value make it suited for commuters who value thrift and daily reliability.
| | |
| Ex-showroom Price | ₹79,426 - ₹80,676 |
| Engine Capacity | 97.2 cc |
| Mileage | 70 kmpl (claimed) |
| Brake Type | Drum (IBS system) |
2. Honda Shine 125
The Shine offers smooth power delivery, refined build quality, and comfortable ergonomics for city commutes. Many buyers pick it as the best bike around ₹1 lakh because it blends mileage with Honda’s long-term reliability and performance.
| | |
| Ex-showroom Price | ₹78,031 - ₹85,121 |
| Engine Capacity | 123.9 cc |
| Mileage | 55-65 kmpl (claimed) |
| Brake Type | Drum (front & rear) |
3. Bajaj Pulsar 125
If you're looking for sporty looks at a cost that won't drain your wallet, the Pulsar 125 is a good option . It's one of the best bikes under 1 lakh for those who prefer quick handling and the Pulsar design in a commuting-friendly package.
| | |
| Ex-showroom Price | ₹85,178 - ₹94,451 |
| Engine Capacity | 124.4 cc |
| Mileage | 50-51.46 kmpl (claimed) |
| Brake Type | Front Disc, Rear Drum |
4. TVS Raider 125
The Raider is differentiated by features such as a digital console and efficient performance. It is a capable bike under ₹1 lakh for young commuters who prioritise tech, fashion, and a comfortable ride.
| | |
| Ex-showroom Price | ₹87,375 - ₹1.03 Lakh |
| Engine Capacity | 124.8 cc |
| Mileage | 56.7 - 71.94 kmpl (claimed) |
| Brake Type | Front Disc/Drum, Rear Drum |
5. Hero Glamour (XTEC)
The Glamour XTEC introduces smartphone-oriented features and a comfortable seat for longer city rides. It is an attractive choice for buyers who wish to have connected technology without increasing the bike price higher than ₹1 lakh on certain variants.
| | |
| Ex-showroom Price | ₹90,498 - ₹95,098 |
| Engine Capacity | 124.7 cc |
| Mileage | 63-64.1 kmpl (claimed) |
| Brake Type | Drum (Front & Rear), Disc Front (Option) |
* Specifications may vary depending on the model and the city, you reside in.
Conclusion
Selecting the best bike for less than ₹1 lakh depends on prioritising either mileage, features, or sportiness. With IDFC FIRST Bank, you can fund up to 95% of the on-road price, select a 6–60 months repayment term at an affordable interest rate, and apply through a completely digital process offering instant approvals to eligible applicants. Competitive two-wheeler loan interest rates are applicable by vehicle variant (commuter category starting from 18.99%), and final rates are communicated in the loan offer on a reducing balance basis.
Enjoy competitive interest rates on your two-wheeler loan, making your dream bike more affordable with lower EMIs.
Get up to 95% of your bike’s on-road price financed, so you pay minimal upfront and ride away sooner.
Choose a repayment period that suits your budget with flexible tenures ranging from 6 to 48 months.
Benefit from fast approvals and minimal documentation, ensuring a hassle-free loan experience.
Apply online anytime or visit partner showrooms for instant loan approvals with on the spot processing.
Most applicants don’t need a guarantor, making the process simpler and faster.
Yes, IDFC FIRST Bank provides financing for up to 95% of the on-road price of the bike, thus making the purchase of bikes under ₹1 lakh smoother with comfortable EMIs.
You can opt for any repayment tenure between 6 and 60 months that suits your financial plan. You should opt for a period that offers affordable EMIs with a competitive interest amount.
You require a recent passport-sized photograph, valid identity or address proof like Aadhaar, passport, driver's license, or voter ID, and a properly filled loan application form.
No, you do not require a guarantor for an IDFC FIRST Bank two-wheeler loan if you are 21 years and above. However, a co-applicant is needed for applicants aged between 18 to 21 years.
If you are aged 18 to 21 years, your co-applicant must give the same KYC documents, that is, one valid identity or address proof and a passport-size latest photograph, along with the loan application form.
The bank will share the final list with your loan offer and will request more information if necessary for verification, but the fundamental bike loan documents needed are still the KYC proofs, the photo, and the filled application form.
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