Following the new GST rate, the GST rate on bikes with engines below 350 cc has been reduced from 28% to 18%. This has made bikes more affordable for the middle class. If you too are thinking of buying a new bike, today we will know about five affordable bikes.
The first name in this list is Hero HF Deluxe. This bike is one of the best selling affordable bikes in India. After the GST deduction, its price has been reduced by approximately Rs 5,800, making it even more budget-friendly. It is now priced at Rs 55,992 ex-showroom.
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TVS Sport is another bike known for its excellent mileage and low price. This bike is also benefiting from GST reduction. As a result, its starting price is now Rs 55 thousand 100 ex-showroom.
The Honda Shine 100 has also benefited greatly from the GST reduction. This bike now saves Rs 5600. The new ex-showroom price of the bike is now Rs 63 thousand 191. The Shine has a 98.9 cc single-cylinder, air-cooled engine. This bike can give a mileage of 55-60 kilometers per liter.
Hero Splendor Plus is one of the best selling bikes. After the GST deduction, the price of this bike has come down by Rs 6,800. Its new price is now ₹73,902 ex-showroom.
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Bajaj Platina is known for its affordable price and strong mileage. After the GST deduction, the ex-showroom price of the Platina 100 has been reduced to just Rs 66,052. The bike is powered by a 102 cc, DTS-I engine that delivers a mileage of 70 km per litre.