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 (₹1,91,403), Yamaha XSR 155 (₹1,74,271) and Yamaha RayZR 125 Fi Hybrid (₹94,466) (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. 1,91,403* Onwards
Yamaha XSR 155	Rs. 1,74,271* Onwards
Yamaha RayZR 125 Fi Hybrid	Rs. 94,466* Onwards
Yamaha FZ-S Fi	Rs. 1,49,458* Onwards
Yamaha Fascino 125 Fi Hybrid	Rs. 92,417* Onwards
Yamaha FZ X	Rs. 1,43,732* Onwards
Yamaha Aerox 155	Rs. 1,69,379* Onwards
Yamaha R15S	Rs. 1,84,340* Onwards
Yamaha FZS-FI V4	Rs. 1,37,331* Onwards
Yamaha FZ-FI V3	Rs. 1,33,939* 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
Bajaj Pulsar NS200
Rs.1,38,302^* Onwards
XSR 155 vs Pulsar NS200
VS
Yamaha FZ-S Fi
Rs.1,30,880^* Onwards
Bajaj Pulsar N160 S
Rs.1,33,511^* Onwards
FZ-S Fi vs Pulsar N160 S
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 R15S
Rs.1,27,000^* Onwards
Bajaj Pulsar N160
Rs.1,22,106^* Onwards
R15S 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, 20261.53k ViewsBy By Harsh Gour
00:13:09
Royal Enfield Hunter 350 vs Yamaha XSR 155 | Best Bike In Rs 1.5 Lakh?
Feb 25, 20263.92k ViewsBy By Harsh Gour
00:04:52
5 Best Bikes For Female Riders
Jan 05, 20265.3k ViewsBy By Harsh Gour
00:08:01
Yamaha FZ-S FI Hybrid vs Hero Xtreme 125R vs TVS Jupiter 110: Mileage Battle
May 21, 202519.47k ViewsBy By Ajay Karol

User Reviews of Yamaha Bikes Under 2 Lakh

Yamaha RayZR 125 Fi Hybrid
Powerfull engine and performance
Go for it! Powerful performance, I love this scooter and recommend it to my friends. It is easy to ride everywhere, whether in the city or on the highway, with top-class performance. Jaisa naam, waisa hi kaam, I already own a Yamaha R15, and I am a fan of Yamaha.
Read More
All RayZR 125 Fi Hybrid Reviews (2)
Yamaha FZ X
Best bike in budget with modern features
Yes retro look with modern features can commute regularly without any backpains. Silent engine start and enlarge seat and position with handle is good. Good console digital meter, led lights with traction control, overall great bike.
Read More
All FZ X Reviews (170)
Yamaha FZS-FI V4
Yahama ka naam hi style aur ride ka apna attitude
Ye sir ek bike nahi hai, style, power and royal personality ka best combination hai. It gives good average, aggressive look, road par ek nayi pehchan deti hai. Yamaha naam hi kafi hai, yamaha ke engine pehle hi kafi reliable hote hai.
Read More
All FZS-FI V4 Reviews (109)
Yamaha FZ-FI V3
Good maintained bike with all time show room recor
Got it in a reasonable price, gives good mileage on highway 60kml and in city moderate traffic 50 to 55 km/l and heavy traffic 45 to 50 km/l. Maintenance cost is also budget friendly, good maintained bike. Every service is done in the showroom. Comming to performance, it gives me a good performance.
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All FZ-FI Version 3.0 Reviews (193)
Yamaha R15S
Overall experience
Bike is made for speedy pips. If you like sporty look, you should buy this bike. On highway, it goes very smooth. Overall my experience with this bike is great, if your budget is more then also take all the safety gear.
Read More
All R15S Reviews (1185)

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News of Yamaha Bikes Under 2 Lakh

Top 5 Retro Bikes To Buy This Diwali
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Yamaha MT-15 vs TVS Apache RTR 200 4V: Is Bigger Always Better?
While the TVS bike makes a lot of sense, the MT-15 is extremely exciting as well
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Yamaha MT 15 India vs Indonesia-spec Accessories Compared
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By DeekshaSep 16, 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