Compared to a few years ago, the two-wheeler market has changed drastically.
Both bikes and scooters are getting complicated features with price tags breaking record highs every few months. During those times, it can be difficult to come across a good motorcycle at a good price.

Don’t worry, we have your back! We have compiled a list of five motorcycles with exactly that in mind. These selected motorcycles will fall under budget, offering good features with excellent mileage at an affordable price.
So, here are our top 5 best bikes under 2 Lakhs in Nepal.
SN | Best Bikes Under 2 Lakhs | Price in Nepal |
---|---|---|
5. | Hero Splendor Plus | Rs. 177500 |
4. | TVS Radeon 110 | Rs. 185900 |
3. | Hero Splendor iSmart 110 | Rs. 183500 |
2. | Bajaj Discover 125 | Rs. 194900 |
1. | Hero Super Splendor IBS | Rs. 198000 |
Best Bikes Under 2 Lakhs in Nepal
#5. Hero Splendor Plus
Let’s start the list with the Honda Splendor Plus, one of the best-selling Hero motorcycles of all time.
Hero Splendor Plus is powered by a 97.2cc, single-cylinder, air-cooled, OHC engine. It can generate a max power of 8.36bhp at 8000rpm and a max torque of 8.05Nm at 5000rpm. Moreover, it is mated to a 4-speed gearbox with an 11 liters fuel capacity.

Based on the iconic Hero Honda Splendor design, the new Splendor Plus offers more modern features with the same reliable engine for just Rs. 1,77,500!
Hero Splendor Plus Feature Highlights
- Iconic Hero Honda Splendor Styling
- i3S Technology
- Always Headlamp On (AHO)
- Convenient Power Start Button
- Stylish Alloy Wheels
- Tubeless Tyres
- Exciting Body Graphics
- Super High Mileage
Why Choose Hero Splendor Plus?
Good Stuff
Even at this incredibly low price, Hero still manages to offer everything at its arsenal.
It gets the latest i3S Technology for high mileage alongside an electric start button. Furthermore, it looks stylish with its attractive graphics and convenient features.
ALSO READ: Hero Bikes Price in Nepal: Features and Specs
Bad Stuff
There isn’t one.
Yes, the features are somewhat limited but it shouldn’t be a point of complaint, especially for a bike at this price. However, if you don’t like the design of the Splendor Plus.
You can go for Hero HF Deluxe (priced at Rs. 1.66 Lakhs), which comes with the same specs and features, but with a different design and more affordable price.
Summary
From attractive graphics to convenient features, it comes with almost everything one might expect from a legend.
This is why Hero Splendor Plus proudly sits in the fifth position on our list of best bikes under 2 Lakhs in Nepal.
Hero Splendor Plus Specifications
- Engine Type: Single-Cylinder, 4-stroke, 2-valve, OHC
- BS6 Compliant: No
- Displacement: 97.2 cc
- Cooling System: Air Cooled
- Starting Mechanism: Self Starter and Kick Start
- Max Power: 8.35 BHP @ 8000 rpm
- Max Torque: 8.05 Nm @ 5500 rpm
- Gearbox: 4-Speed
- Top Speed: 87 Kmph
- Fuel Tank Capacity: 11 liters
- Mileage: 63 kmpl
- Front Tyre: 80/100-18 – Drum
- Rear Tyre: 80/100-18 – Drum
- Tubeless Tyres: Yes
- Braking System: IBS
- Suspension Setup: Telescopic Hydraulic Type and Twin Shock Absorber
- Seat Height: 785 mm
- Ground Clearance: 159 mm
- Kerb Weight: 112 kg
- Colors: Red, Black-Purple-Silver, Black-Purple
Hero Splendor Plus Price in Nepal: Rs. 1,77,500
Pros | Cons |
---|---|
Iconic Splendor Design | |
Excellent Value for Money Commuter |
#4. TVS Radeon 110
Meet TVS Radeon 110, a good commuter with a practical touch.
TVS Radeon 110 is powered by a 110cc, 4-stroke, air-cooled engine. It can generate a max power of 8.30 bhp at 7000rpm and max torque of 8.70 Nm at 5000rpm. Moreover, it is mated to a 4-speed gearbox with a 10-liter fuel tank.

Despite being just a 110cc commuter, TVS has done everything to turn it into a stylish motorcycle for just Rs. 1,85,900.
TVS Radeon 110 Feature Highlights
- Stylish Design
- Alloy Wheels
- Automatic Headlamp On (AHO)
- LED DRLs
- Fuel Tank Pads
- Gold-Colored Engine
- Drum Brakes with Synchronized Braking System (SBS)
- USB Charging Port
- Convenient Hook Holder
Why Choose TVS Radeon 110?
Good Stuff
We can talk about plenty of good stuff in the TVS Radeon like the longer seat, torque machine, and practical features.
With a low price like that, it is a killer deal!
ALSO READ: TVS Bikes Price in Nepal: Features and Specs
Bad Stuff
The design is one of the reasons we fell in love with the TVS Radeon. It feels familiar yet modern.
Well, there is a reason for it.
TVS Radeon shares an uncanny resemblance with the Hero HF Deluxe. So, it gets negative points for lack of creativity, in an otherwise good looking motorcycle.
Summary
It offers excellent mileage, attractive design, good performance, and great features. Offering all that for an attractive price, the “plagiarised” styling won’t necessarily affect the overall appeal.
That is why TVS Radeon 110 proudly sits in the fourth position on our list of best bikes under 2 Lakhs in Nepal.
TVS Radeon 110 Specifications
- Engine Type: Single Cylinder, Air-cooled, 4-Stroke, 2-Valve
- BS6 Compliant: No
- Displacement: 109.7 cc
- Cooling System: Air Cooled
- Starting Mechanism: Self and Kick Start
- Max Power: 8.30 BHP @ 7350 rpm
- Max Torque: 8.70 Nm @ 4500 rpm
- Gearbox: 4-Speed
- Top Speed: 90 Kmph
- Fuel Tank Capacity: 10 liter
- Mileage: 86 kmpl
- Front Tyre: 90/90-17 – Drum
- Rear Tyre: 90/90-17 – Drum
- Tubeless Tyres: Yes
- Braking System: Synchronized Braking System (SBS)
- Suspension Setup: Telescopic Oil Damped and Dual Spring Suspension
- Seat Height: 765 mm
- Ground Clearance: 180 mm
- Kerb Weight: 112 kg
- Colors: Pearl White, Chrome Black, Beige, and Purple
TVS Radeon 110 Price in Nepal: Rs. 1,85,900
Pros | Cons |
---|---|
Practical build and design | No Disc brakes! |
Excellent mileage |
#3. Hero Splendor iSmart 110
Now, we have Hero making its entry again with Hero Splendor iSmart 110.
Hero Splendor iSmart 110 is powered by a 109.15cc, single-cylinder, air-cooled, OHC engine. It can generate a max power of 8.98bhp at 7500rpm and max torque of 9Nm at 5500rpm. Moreover, it is mated to a 4-speed transmission with 8.5 liters fuel capacity.

Splendor iSmart moves away from traditional commuter norms by offering stylish design, colorful graphics, and modern features for just Rs. 1,83,500.
Hero Splendor iSmart 110 Features Highlights
- 110cc Refined Engine
- Sport Graphics
- Always Headlamp On (AHO)
- Analog-Digital Meter
- i3S Technology
- Tubeless Tyres
- Stylish Split Grab Rail
- Maintenance-Free Battery
Why Choose Hero Splendor iSmart 110?
Good Stuff
Like the Hero Splendor Plus, Hero does not hold back in terms of features.
It packs in cool features like the i3S Technology, stylish body graphics, Always Headlamp On (AHO) among others.
On top of that, Hero still managed to include an analog-digital meter which is incredible!
Bad Stuff
Hero Splendor iSmart 110 has already done more than one could have possibly imagined. So, there isn’t a place to complain here.
Summary
Hero MotoCorp knows the commuter-segment all too well. With that in mind, Hero Splendor iSmart 110 comes across as a stylish commuter for those who want their commuters to look and feel different.
That is why Hero Splendor iSmart 110 proudly sits in the third position on our list of best motorcycle under 2 Lakhs in Nepal.
Hero Splendor iSmart 110 Specifications
- Engine Type: Single-Cylinder, 4-stroke, 2-valve, OHC
- BS6 Compliant: No
- Displacement: 109.15 cc
- Cooling System: Air Cooled
- Starting Mechanism: Self Starter and Kick Start
- Max Power: 8.98 BHP @ 7500 rpm
- Max Torque: 9 Nm @ 5500 rpm
- Gearbox: 4-Speed
- Top Speed: 92 Kmph
- Fuel Tank Capacity: 8.5 liters
- Mileage: 61 kmpl
- Front Tyre: 80/100-18 – Drum
- Rear Tyre: 80/100-18 – Drum
- Tubeless Tyres: Yes
- Braking System: IBS
- Suspension Setup: Telescopic Hydraulic Type and Twin Shock Absorber
- Seat Height: 799 mm
- Ground Clearance: 165 mm
- Kerb Weight: 115 kg
- Colors: Red, Black-Silver, Black-Red, Black-Blue
Hero Splendor iSmart 110 Price in Nepal: Rs. 1,83,500
Pros | Cons |
---|---|
iSmart Features | Awkward Styling |
Affordable Even for 110cc Motorcycle |
#2. Bajaj Discover 125
Moving away to the second position, it is Bajaj Discover 125.
Bajaj Discover 125 is powered by a 124.5cc, air-cooled, SOHC, DTS-I Engine. It can generate a max power of 11PS at 7500rpm and max torque of 11Nm at 5500rpm. Moreover, it is mated to a 5-speed gearbox with an 8-liter fuel tank.

Despite failing to live up to the popularities of the Pulsar series, Bajaj Discover is highly underrated for the overall value offered for the price of just Rs. 1,94,900 (Drum) and Rs. 2,01,900 (Disc).
Bajaj Discover 125 Feature Highlights
- 125cc DTS-i Engine
- Double LED DRLs
- Modern Side Panels
- Analog-Digital Instrument Cluster
- Lightweight Body
- Easy Clutch
- Extra Cushioned Seat
Why Choose Bajaj Discover 125?
Good Stuff
Bajaj Discover 125 offers a more traditional commuter bike. It is a 125cc Bajaj bike with good mileage and decent performance at an affordable price.
Moreover, it offers exactly what Bajaj is known for, affordable bike with reliable after-sales service.
ALSO READ: Bajaj Bikes Price in Nepal: Features and Specs
Bad Stuff
Bajaj Discover 125 comes across as a decent package, offering good performance and features for the price. However, I have never been a big fan of the design.
Bajaj Discover 125 ST (priced at Rs. 2.10 Lakhs) updates the design with a more modern feel.
Summary
Bajaj Discover 125 is an almost perfect commuter with good performance and features on offer. While the styling is subjective, the rest is pretty good at its price point.
That is why Bajaj Discover 125 proudly sits in the second position on our list of best bikes under 2 Lakhs in Nepal.
Bajaj Discover 125 Specifications
- Engine Type: DTS-i Twin Spark with ExhausTEC
- BS6 Compliant: No
- Displacement: 124.4 cc
- Cooling System: Air Cooled
- Starting Mechanism: Self Starter and Kick
- Max Power: 11 PS @ 7500 rpm
- Max Torque: 11 Nm @ 5500 rpm
- Gearbox: 5-Speed
- Top Speed: 105 Kmph
- Fuel Tank Capacity: 8 liter
- Mileage: 60 kmpl
- Front Tyre: 2.75 x 17 – Disc
- Rear Tyre: 3.00 x 17 – Disc (Optional)
- Tubeless Tyres: No
- Braking System: Standard
- Suspension Setup: Telescopic With Anti Friction Bush and Twin Suspension with Nitrox shock absorber
- Seat Height: 785 mm
- Ground Clearance: 170 mm
- Kerb Weight: 125 kg
- Colors: Red, Blue, Black, and Black with Grey
Bajaj Discover 125 Price in Nepal: Rs. 1,94,900 (Drum) / Rs. 2,01,900 (Disc)
Pros | Cons |
---|---|
Another affordable 125cc machine | Basic design |
Attractive LED DRLs |
#1. Hero Super Splendor IBS
Unsurprisingly, the top spot goes to Hero Super Splendor IBS, one of the best-selling 125cc motorcycles in Nepal.
Hero Super Splendor IBS is powered by a 124.7cc air-cooled, 4-stroke, single-cylinder engine. Moreover, it can generate a max power of 9.0bhp at 7000rpm and a max torque of 10.35Nm at 4000rpm. Furthermore, it is mated to a 4-speed gearbox with a 13-liter fuel tank capacity.

The new Super Splendor 125 comes with a refined i3s engine, high-mileage performance, and a new enhanced safety feature for Rs. 1,98,000.
Hero Super Splendor IBS Feature Highlights
- Simple Commuter Design
- New Integrated Braking System (IBS)
- Self-Start Feature
- I3S Technology
- Side Stand Indicator
- 18-inch Alloy Wheels
- Massive 13-liters Fuel Tank
- Additional Storage Utility Box
- Dual Drum Brakes
Why Choose Hero Super Splendor IBS?
Good Stuff
Hero MotoCorp has always ruled the commuter-segment.
Hero Super Splendor IBS is exactly the kind of commuter that has helped Hero MotoCorp continue its rein in that segment.
It offers solid build quality, good performance, and reliable after-sales service. For a hard-working commuter, that’s all one needs.
Bad Stuff
Like the other Hero motorcycles on this list, there isn’t much to complain about.
However, the styling continues to be polarizing. Honestly, it isn’t a good-looking motorcycle, neither it is a bad-looking motorcycle.
Summary
Compared to other expensive 125cc motorcycles, Hero Super Splendor tries to offers as much as it can, maybe even more.
That is why Hero Super Splendor proudly sits in the first position on our list of best bikes under 2 Lakhs in Nepal.
Hero Super Splendor Specifications
- Engine Type: Single-Cylinder, 4-stroke, 2-valve, OHC
- BS6 Compliant: No
- Displacement: 124.7 cc
- Cooling System: Air Cooled
- Starting Mechanism: Self Starter and Kick Start
- Max Power: 9 BHP @ 7000 rpm
- Max Torque: 10.35 Nm @ 4000 rpm
- Gearbox: 4-Speed
- Top Speed: 94 Kmph
- Fuel Tank Capacity: 13 liters
- Mileage: 55 kmpl
- Front Tyre: 80/100-18 – Drum
- Rear Tyre: 80/100-18 – Drum
- Tubeless Tyres: Yes
- Braking System: IBS
- Suspension Setup: Telescopic Hydraulic Type and Twin Shock Absorber
- Seat Height: 790 mm
- Ground Clearance: 150 mm
- Kerb Weight: 123 kg
- Colors: Red, Black, Black-Red, Black-Purple
Hero Super Splendor Price in Nepal: Rs. 1,98,000
Pros | Cons |
---|---|
Simple Design | Slightly Under Powered than Hero Glamour |
i3S and IBS System |
Thoughts on Best Bikes Under 2 Lakhs in Nepal
So, that was our list of the top 5 best bikes under 2 Lakhs in Nepal.
We have compiled the above list based on the performance, styling, price factor, and popularity of individual bikes.
ALSO READ: Best Bikes Under 3 Lakhs in Nepal: Features and Specs
Additionally, we want to give out honorable mentions to Honda Shine, Bajaj Pulsar 125, TVS Stryker 125, Yamaha Saluto among others who didn’t make the cut.
However, these bikes are still excellent in their own right.
If you want to know more about these bikes along with their other siblings, be sure to check out our listing here. Also, click here to learn more about our other best bikes in Nepal articles.
ALSO READ: Best Bikes Under 4 Lakhs in Nepal: Features and Specs
We will continue to publish similar lists in the future, until then, happy reading!
If you have any questions related to the best bikes under 2 Lakhs in Nepal, we are happy to help. Just leave your queries down in the comments below.
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