Upcoming Bikes Under ₹5 Lakh in India in 2024

Are you looking forward to purchasing a new bike for under ₹5 lakh? Well, there are multiple options available in the market, and in this article, we have shortlisted 4 highly anticipated upcoming bikes in India under ₹5 lakh. Read through the complete list of bikes and find relevant information regarding price, specifications, fuel capacity, and more so that you can make an informed choice.

When buying a bike or scooter in India, securing two-wheeler insurance is also crucial as it is mandatory by the Motor Vehicles Act of 1988. It provides financial protection against accidents, theft and damage, safeguarding you and your investment.  

Having bike insurance also saves you from hefty traffic fines, licence suspension and even legal trouble.

1. Honda CB350 Cruiser | Expected Launch: March 2024

Honda CB350 Cruiser is another exceptional superbike available under ₹5.00 Lakh. Known for its powerful 348.36cc single-cylinder air-cooled engine, it will generate a power of 21.07PS alongside a torque of 30 Nm. In addition, the bike will feature a front and rear 310mm and 240mm disc braking system respectively. 

The bike will be available in different colours: Pearl Siren Blue, Pearl Nightstar Black, Mat Massive Grey Metallic, Athletic Blue Metallic, Mat Marshall Green Metallic, and so on. 

Key Specifications: 

• Ex-showroom Price: Starting ₹2.30 Lakh
• Engine Type: 4 Stroke, SI Engine 
• Displacement: 348cc
• Mileage: 42.17 kmpl
• Fuel Capacity: 15 litres
• Top Speed: 121 kmph 
• Kerb Weight: 181 kg

2. Royal Enfield Classic 650 | Expected Launch: March 2024

Royal Enfield Classic 650 is a brand new cruiser bike which is getting launched in the Indian market soon. Power-driven by a 648cc robust dual overhead camshaft engine, it will generate 52 Nm of torque and 47 Horsepower. 

Known for its power and mileage, this bike will be ideal for riding in both cities and highways. Royal Enfield Classic 650 is going to be available in a few colours - Black Pearl, Cali Green, and Canyon Red. 

Key Specifications: 

• Ex-showroom Price: Starting ₹3.20 Lakh
• Engine Type: Liquid-cooled, parallel-twin, DOHC
• Displacement: 647.95cc
• Mileage: 35 kmpl
• Fuel Capacity: 13.7 litres
• Top Speed: 160 kmph
• Kerb Weight: 200 kg 

3. Honda CRF300L | Expected Launch: March 2024

Source: powersports.honda.com

Expected to launch in 2024 shortly afterwards, the Honda CRF300L is going to be an awesome bike that you can purchase. Power-driven by a single 286ccbs6 engine, the bike will have the potential to generate a high power of 27.32 PS as well as a torque of 26.6 Nm. 

Furthermore, it will feature robust disc braking systems at its front and rear wheels to ensure smooth braking. This bike is going to be available in two colours - Red and Grey with a Black Finish. 

Key Specifications: 

• Ex-showroom Price: Starting ₹3.30 Lakh
• Engine Type: Liquid-cooled, Single, DOHC
• Displacement: 286cc
• Mileage: 30 kmpl
• Fuel Capacity: 7.8 litres
• Top Speed: 130 kmph 
• Kerb Weight: 142 kg

4. Royal Enfield Himalayan 650 | Expected Launch: March 2024

Royal Enfield Himalayan 650 is a highly powerful adventure motorbike that will be launched later. Within the price range of ₹5.00 Lakhs, alongside many leading-edge features, this bike is going to make a strong impact in the Indian motorcycle market. 

With a sheer powerful 650cc ccbs6 engine and good fuel capacity, this bike has been designed to run on both off-road and on-road terrains. The bike is going to be available in many colour choices - Dune Brown, Granite Black, Pine Green, Glacier Blue, Gravel Grey, etc. 

Key Specifications: 

• Ex-showroom Price: Starting ₹3.80 Lakh
• Engine Type: 648cc, parallel-twin, DOHC
• Displacement: 650cc
• Mileage: 30 kmpl
• Fuel Capacity: 15 litres
• Top Speed: 150-200 kmph
• Kerb Weight: 191 kg

5. Kabira Mobility KM5000 | Expected Launch: April 2024

Source: kabiramobility.com

If you are concerned about the environment and on the lookout for a powerful electric bike within the budget of ₹5.00 Lakhs, consider opting for Kabira Mobility KM5000, which is getting launched soon. 

Featuring an 11.6 kWh battery capacity, the bike will have an automatic transmission, and it is going to provide a commuting distance of 344 km, on a full charge. The bike will arrive in the market in the following colours - Aquamarine, Midnight Grey, and Deep Khaki.  

Key Specifications: 

• Ex-showroom Price: Starting ₹3.15 Lakh
• Engine Type: Electric 
• Charging Time (0-80%): 2 hours
• Range: 344 km/charge
• Top Speed: 188 kmph
• Kerb Weight: 207 kg

6. Benelli 302 S | Expected Launch: April 2024

Source: benelli.com

The Benelli 302 S is one of the most efficient commuter bikes among others in its range. It provides a top speed of 150 mph and offers a mileage of 20-25 kmpl. The model consists of a liquid-cooled parallel-twin motor. Further, it comprises a trellis frame and suspension along with a rear monoshock. 

This bike is going to be available in several colour choices - Racing Red, Matte Black, Knight Black, Pearl White, RP Blue, Lightning Blue, etc. 

Key Specifications: 

• Ex-showroom Price: Starting ₹3.30 Lakh
• Engine Type: Liquid cooled, Inline 2 Cylinder, 4-Valves, DOHC
• Displacement: 300cc
• Mileage: 25 kmpl
• Fuel Capacity: 14 litres 
• Top Speed: 150 kmph
• Kerb Weight: 209 kg

7. Royal Enfield Scrambler 650 | Expected Launch: April 2024

Another noteworthy cruiser bike under ₹5.00 Lakhs is the Royal Enfield Scrambler 650, which is expected to be launched soon. Power-driven by a robust 648cc twin air/cooled engine, the bike will have the capability to generate a power of 47.65 PS at 5250 RPM alongside a torque of 52 Nm. 

Being almost identical to the Interceptor 650, it will also feature preload-adjustable twin shocks and a USD fork. Royal Enfield Scrambler 650 is going to be available in one variant and one colour option. 

Key Specifications: 

• Ex-Showroom Price: Starting ₹3.50 Lakh
• Engine Type: 648cc, air-cooled, parallel-twin
• Displacement: 650cc
• Mileage: 25 kmpl
• Fuel Capacity: 13.7 litres
• Top Speed: 170 kmph
• Kerb Weight: 218 kg

8. Benelli 302R | Expected Launch: April 2024

Benelli has introduced the upgraded version of the Benelli 302 S, the Benelli 302R. Major changes have been made to the model’s design. It includes vertically stacked projector lights in place of headlights and LED tail lights along with air vents under the pillion seat. Further, it is furnished with an adjustable front shock and a monoshock. 

This bike is likely to be available in three colour variants - Green, Black, and White.  

Key Specifications: 

• Ex-showroom Price: Starting ₹3.60 Lakh
• Engine Type: In-line 2 Cylinder, 4-stroke, 8-Valve, DOHC
• Displacement: 300cc
• Mileage: 26 kmpl
• Fuel Capacity: 14 litres
• Top Speed: 148 kmph
• Kerb Weight: 198 Kg       

9. Honda CB500F | Expected Launch: April 2024

Source: powersports.honda.com

Honda CB500F is another outstanding superbike model which will be unveiled in 2024 shortly. With a DOHC 500cc twin-cylinder liquid-cooled engine, the bike is expected to generate a power of 47.5 PS at 8600 RPM as well as a torque of 43 Nm at 6500 RPM. 

To ensure flawless braking, the bike is going to have robust disc braking systems at its front and rear wheels. You will get this bike in four different colour choices - Orange, White and Blue, and Grey.

Key Specifications: 

• Ex-showroom Price: Starting ₹4.79 Lakh
• Engine Type: Liquid-cooled, parallel twin
• Displacement: 471cc
• Mileage: 28.6 kmpl
• Fuel Capacity: 17.1 litres
• Top Speed: 180 kmph
• Kerb Weight: 190 kg

10. Royal Enfield Shotgun 350 | Expected Launch: June 2024

Take a look at this bobber-style adventure bike, which is getting launched shortly afterwards. Although similar to Royal Enfield Classic 350, this bike is going to have some special features like hanger handlebars, optional pillion seat, clean slash-cut exhaust, exceptional acceleration, etc. 

With a 350 ccbs6 air-cooled engine, this bike will generate up to 22 HP and torque of 30 Nm. This bike is going to be available in the market in the following colours - Plasma Blue, Sheet Metal Grey, Stencil White, Drill Green, etc.   

Key Specifications: 

• Ex-showroom Price: Starting ₹2.20 Lakh
• Engine Type: 4 stroke, Parallel Twin, SOHC
• Displacement: 350cc
• Mileage: 25 kmpl
• Fuel Capacity: 13.8 litres
• Top Speed: 170 kmph
• Kerb Weight: 240 kg

11. Royal Enfield Scram 440 | Expected Launch: June 2024

Another impressive motorbike that will be hitting the Indian market soon is the Royal Enfield Scram 440. Being powered by a 411cc air and oil-cooled engine and having SOHC configuration, this bike is going to generate a power of 35.6 PS at 9700 RPM. 

Furthermore, it will have a solid disc braking system at its front and rear wheels to ensure smooth braking. This bike is going to be available in several colours - Skyline Blue, Graphite Red, White Flame, Graphite Yellow, Graphite Blue, Blazing Black, and so on. 

Key Specifications: 

• Ex-showroom Price: Starting ₹2.30 Lakh
• Engine Type: 4-stroke air-and oil-cooled, single-cylinder engine 
• Displacement: 349.34cc
• Mileage: 25 kmpl
• Fuel Capacity: 15 litres
• Top Speed: 170 kmph
• Kerb Weight: 185 kg

12. Husqvarna Vitpilen 401 | Expected Launch: June 2024

Source: husqvarna-motorcycles.com

Husqvarna Vitpilen is another remarkable motorbike, which may be launched in the middle of 2024. Having strong hydraulic ByBre brake callipers, the bike will feature disc braking system at its front and rear wheels to ensure flawless braking. 

Furthermore, it may have an ABS system to offer the finest levels of safety on the road. This bike is going to be available in only one colour variant - White.

Key Specifications: 

• Ex-showroom Price: Starting ₹2.80 Lakh
• Engine Type: 1-cylinder 4-stroke engine, water-cooled
• Displacement: 373.2cc
• Mileage: 25 kmpl
• Fuel Capacity: 9.5 litres
• Top Speed: 187 kmph
• Kerb Weight: 171.2 kg

13. Royal Enfield Bullet 650 | Expected Launch: June 2024

Are you passionate about bullets? Then your one-stop solution under ₹5.00 Lakhs is Royal Enfield Bullet 650, which is getting launched after a few months. Power-driven by a 647.95 cc engine, the bike is going to produce a power of 47.4 PS at 7250 RPM alongside a torque of 52.3 Nm. 

The bike is likely to be available in several colour choices - Silver Black, Military Red, Silver Red, Military Black, and so on. 

Key Specifications: 

• Ex-showroom Price: Starting ₹3 Lakh
• Engine Type: 4-stroke, air-&-oil-cooled SOHC, 8-valve, 270° parallel twin
• Displacement: 650cc
• Mileage: 25 kmpl
• Fuel Capacity: 13.7 litres
• Top Speed: 170 kmph
• Kerb Weight: 202 kg

14. Kawasaki Z400 | Expected Launch: November 2024

Source: kawasaki.com

Manufactured by Ideal Jawa, Yezdi Roadking is going to be another top-notch motorcycle model, which will be unveiled towards the end of 2024. Powered by a 250 cc (15 cu in) air-cooled engine, this bike is expected to generate a power of 16 bhp at 5000 RPM as well as a torque of 23.8 Nm at 4250 RPM. 

If you want to own this amazing bike, start saving your funds today! This bike is going to be available in several colours - Steel Blue, Smoke Grey, Inferno Red, Hunter Green, Chrome Sin Silver, and so on. 

Key Specifications: 

• Ex-showroom Price: Starting ₹2.60 Lakh
• Engine Type: Two-stroke, single-cylinder, DOHC
• Displacement: 465cc
• Mileage: 35-40 kmpl (Estimated)
• Fuel Capacity: 16 litres
• Top Speed: 120 kmph
• Kerb Weight: 134 kg

15. Yezdi Roadking | Expected Launch: December 2024

Manufactured by Ideal Jawa, Yezdi Roadking is going to be another top-notch motorcycle model, which will be unveiled towards the end of 2024. Powered by a 250 cc (15 cu in) air-cooled engine, this bike is expected to generate a power of 16 bhp at 5000 RPM as well as a torque of 23.8 Nm at 4250 RPM. 

If you want to own this amazing bike, start saving your funds today! This bike is going to be available in several colours - Steel Blue, Smoke Grey, Inferno Red, Hunter Green, Chrome Sin Silver, and so on. 

Key Specifications: 

• Ex-showroom Price: Starting ₹2.60 Lakh
• Engine Type: Two-stroke, single-cylinder, DOHC
• Displacement: 465cc
• Mileage: 35-40 kmpl (Estimated)
• Fuel Capacity: 16 litres
• Top Speed: 120 kmph
• Kerb Weight: 134 kg

This is all for upcoming bikes in India under ₹5 lakhs. If you are interested in purchasing any of these bikes, you can wait until they are released to know their final prices. Here, the Ex-showroom prices are mentioned so that you can plan accordingly. You can even visit any bike retailer near you and talk to any of their representatives for more information.

Also, it is advisable to protect your vehicle with third-party insurance, as it is mandated by law. It will cover any damage or losses your vehicle could cause to a third-party person or property in any unforeseen mishap.