Yamaha Bikes Under 2 Lakh

For Yamaha Bikes Under 2 Lakh, the Indian two-wheeler market has 14 new products on sale. Among them, Yamaha MT 15 Version 2.0 (₹1,90,333), Yamaha XSR 155 (₹1,73,201) and Yamaha RayZR 125 Fi Hybrid (₹92,336) (all prices on-road) are amongst the most popular Yamaha Bikes in this price bracket. If you want to know more about the Yamaha in your city, offers, variants, specifications, pictures, mileage, Bike comparison and reviews, please select the model you’re interested in the options below.

Best Yamaha Bikes Under 2 Lakh in 2026

Model	On-Road Price
Yamaha MT 15 Version 2.0	Rs. 1,90,333* Onwards
Yamaha XSR 155	Rs. 1,73,201* Onwards
Yamaha RayZR 125 Fi Hybrid	Rs. 92,336* Onwards
Yamaha FZ-S Fi	Rs. 1,48,388* Onwards
Yamaha Fascino 125 Fi Hybrid	Rs. 91,347* Onwards
Yamaha Aerox 155	Rs. 1,68,309* Onwards
Yamaha FZ X	Rs. 1,42,662* Onwards
Yamaha FZS-FI V4	Rs. 1,36,261* Onwards
Yamaha R15S	Rs. 1,83,270* Onwards
Yamaha FZ Blue Flex	Rs. 1,42,453* Onwards

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Popular Comparision of Yamaha Bikes Under 2 Lakh

VS
Yamaha MT 15 Version 2.0
Rs.1,65,610^* Onwards
Yamaha R15 V4
Rs.1,74,850^* Onwards
MT 15 Version 2.0 vs R15 V4
VS
Yamaha XSR 155
Rs.1,49,990^* Onwards
Yamaha FZ-S Fi
Rs.1,29,880^* Onwards
XSR 155 vs FZ-S Fi
VS
Yamaha FZ-S Fi
Rs.1,30,880^* Onwards
Bajaj Pulsar NS200
Rs.1,38,302^* Onwards
FZ-S Fi vs Pulsar NS200
VS
Yamaha FZ X
Rs.1,25,670^* Onwards
TVS Apache RTR 160 4V
Rs.1,19,890^* Onwards
FZ X vs Apache RTR 160 4V
VS
Yamaha FZS-FI V4
Rs.1,19,846^* Onwards
Bajaj Pulsar N160
Rs.1,16,142^* Onwards
FZS-FI V4 vs Pulsar N160

Bikes Comparisons

Videos of Yamaha Bikes Under 2 Lakh

00:05:37
Safest Bikes Under Rs 1.5 Lakh | ABS, Traction Control and More
May 19, 20261.27k ViewsBy By Harsh Gour
00:13:09
Royal Enfield Hunter 350 vs Yamaha XSR 155 | Best Bike In Rs 1.5 Lakh?
Feb 25, 20263.66k ViewsBy By Harsh Gour
00:04:52
5 Best Bikes For Female Riders
Jan 05, 20264.76k ViewsBy By Harsh Gour
00:08:01
Yamaha FZ-S FI Hybrid vs Hero Xtreme 125R vs TVS Jupiter 110: Mileage Battle
May 21, 202519.01k ViewsBy By Ajay Karol

User Reviews of Yamaha Bikes Under 2 Lakh

Yamaha FZ-FI V3
Power, style & Reliability
Absolutely loved this bike, it has a powerful yet smooth performance, excellent road grip, sharp handling and a very confident riding feel. The engine response is refined, braking feels reliable, and the bike remains stable even during longer rides. The aggressive design gives it a premium sporty look.
Read More
All FZ-FI Version 3.0 Reviews (192)
Yamaha XSR 155
liked it much driving experience is very good 👍👍 thanks yamaha
I have bought this bike in February, I liked it's performance very much, some problems are there as handling and seat comfort, but overall it's a good bike, mileage is very good, it gives 56-60 on average speed at 75-80, it gives 45 but performance is very good, maintenance is not so high, overall the bike is great.
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All XSR 155 Reviews (139)
Yamaha EC-06
Worth it Buy
For stylish look and storage capacity bhi kafi jabardast hai, eco mode me acha performance de rha tha, reverse wala features kafi shandar hai, isko lagbhag charge hone me 9-10 hour laga, overall price bhi thik hai bike. Comfortable to ride this bike, bike ko chalana bohot hi asan hai, kafi acha hai ispar ride krna aur bahot hi acha laga, isko chala ke mere friend ne iski bahot tarif ki kyunki bahot hi comforatble feel ho rha tha. Comfort ke liye aur stylish look ke liye ye kafi shandar hai, baki ebike se ye kafi outstanding hai. Jo agar 100 - 120 km range ke liye dekh rhe hai, toh ye kafi achi hai e bike hai, look style range aur kimat ke hisabse ye badhiya jo koi bhi ise purchase krna chahta hai uske liye ye best choice hai.
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All EC-06 Reviews (1)
Yamaha FZ X
simply beast
Too good, must buy, suspensions are good, comfortable. If you love riding, you can glide on this bike. It is really amazing. For city ride, it has good controls. Breaks are accurate. Riding posture is also good as I am 6ft 1inch, I can sit for very long. Seats are comfortable, easily can carried pillion rider for 200km ride.
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All FZ X Reviews (166)
Yamaha R15S
Over all good bike and also it's all versions
Riding quality is too good. Very huge and look is too brilliant. Just 155 cc but still beat any 200 cc bike. Engine is too reliable. Average is very good compare to other bikes. It gives me 40km per litre mileage and this is too good because it's a sports bike and still it give 40 kmpl mileage. I like it.
Read More
All R15S Reviews (1184)

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News of Yamaha Bikes Under 2 Lakh

Yamaha FZ-X Base Variant: On-Road Price
Planning to buy the Yamaha FZ-X, here’s how much you’ll have to spend to buy the cheapest variant
By DeekshaSep 4, 2026
Yamaha XSR 200 Rendered: This Is How It Could Look Like
Yamaha recently launched the YZF R2 in India, based on an all-new platform, which could spawn multiple new bikes in the future. One of these bikes could possibly be the XSR200. Here is how it could look, and what it could get:
By PranavAug 28, 2026
Yamaha MT-02 Rendered: Here’s How We Think It Could Look Like
We have rendered the Yamaha MT-02 based on the recently launched YZF-R2. Here's how we think it could look:
By AmoghAug 28, 2026
Yamaha FZ X Hybrid On Road Price: In Top 5 Cities
The Yamaha FZ X Hybrid is a 150cc bike, but due to the mild hybrid tech and the neo-retro design, it is pretty expensive. In fact, the onroad price reaches up to Rs 1.80 lakh in some cities. Here’s the proper breakdown of the Yamaha retro bike in the top 5 cities:
By AnujAug 13, 2026
Yamaha MT 15 V2 Black Colour: All You Need To Know
Love Yamaha MT 15 V2 in Black Colour? You’ll be glad to know that it comes in two trims with slight feature differences. Check prices and other details
By AnujAug 11, 2026

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Questions And Answers

Sunny Kumar asked on 8 Jan 2026

Q) Top speed mt15

By Bikedekho Experts on 8 Jan 2026

A) The Yamaha MT-15 Version 2.0 offers efficient and responsive performance, with a... Read More