Best 5 Bikes Under ₹1 Lakh Budget You Can Buy on EMI
Looking for the best budget bikes under ₹1 lakh on EMI? Buying a bike is one of the wisest investment options for everyday usage in India, especially if you want a budget two-wheeler with easy financing. If you’re keen to know about the best budget bikes available under ₹1 lakh on easy EMI plans, then this guide will help you select the best models that suit your budget and needs.
Due to the introduction of two-wheeler loans with zero down payment and low-interest rate EMI plans, bike ownership has never been simpler. This blog talks about the best budget-friendly bikes under ₹1 lakh with EMI options that give good mileage, strength, and smooth ride.
Why Buy Bikes Under ₹1 Lakh on EMI?
Buying a bike under ₹1 lakh with simple monthly EMI schemes is perfect for budget-conscious individuals. Such bikes are highly fuel-efficient, require low maintenance, and are best suited for short commutes around the city. With easy bike loan EMI options, you can make payments in instalments over months without a heavy down payment.
Top 5 Bikes Under ₹1 Lakh With Simple EMI Plans
1. Hero HF Deluxe
Price: ₹66,000 (ex-showroom)
Mileage: 70 km/l
Engine: 97.2 cc
Hero HF Deluxe is a favorite among budget bikes due to its fuel-efficient engine and lower maintenance price tag. It is readily available on EMI plans and is an excellent choice for students and first-timers.
2. Bajaj CT 100
Price: ₹65,000 (ex-showroom)
Mileage: Up to 85 km/l
Engine: 102 cc
Bajaj CT 100 is famous for the class’s best mileage and sturdy build. It’s one of the most fuel-efficient and economical bikes out there priced under ₹1 lakh, and you can take it on EMI with zero down payment offers from all but a few dealerships.
3. TVS Sport
Price: ₹69,000 (ex-showroom)
Mileage: Around 75 km/l
Engine: 99.7 cc
TVS Sport combines appearance and mileage, and it is one of the best budget bikes for city use. With different finance deals and EMI options, you can take it home at low down payment.
4. Hero Splendor Plus
Price: ₹73,000 (ex-showroom)
Mileage: 70-75 km/l
Engine: 97.2 cc
A highly dependable bike, Hero Splendor Plus is a sought-after one among budget riders. It comes with easy two-wheeler loans and EMI plans starting at just ₹2,000/month, making it a cost-effective daily commuter.
5. TVS Radeon
Price: ₹76,000 (ex-showroom)
Mileage: 70 km/l
Engine: 109.7 cc
TVS Radeon is more powerful and comfortable, which can be had with flexible bike loan EMI plans. It is best suited for customers looking for a little more engine capacity within the ₹1 lakh budget.
How to Select the Best Bike on EMI?
1. While purchasing a bike for less than ₹1 lakh on EMI, keep the following points in mind:
2. EMI calculator: Compare prices using online EMI calculators to get reasonable monthly installments.
3. Down payment: Many dealers offer zero down payment bikes with EMI facilities.
4. Loan tenure: Select loan tenure carefully—low tenure saves interest but increases EMIs.
5. Interest rate: Get low-interest two-wheeler loans.
6. Mileage and maintenance: Choose bikes with high mileage and low maintenance.
Benefits of Buying Bikes on EMI
- Pay in installments with low monthly EMIs.
- Enjoy instant possession without full upfront payment.
- Improve your credit history through prompt payment of EMIs.
- Save your savings while possessing a bike.
Final Thoughts:
If you’re searching for the best cheap bikes under ₹1 lakh with EMI options, the five bikes listed here—Hero HF Deluxe, Bajaj CT 100, TVS Sport, Hero Splendor Plus, and TVS Radeon—offer the best value for money. They combine fuel efficiency, affordability, and easy bike financing to make owning a bike easier than ever.
Visit your nearby showroom, ask about two-wheeler EMI offers, no EMI offers, and instant bike loans to get the most favorable deal. With the appropriate funding scheme, you can drive away on your ideal bike today without worrying about large advance payments.