Bajaj Auto has launched a new budget bike, the CT 125X, in the Indian market. Although the on-road price of the bike is INR 86,057, buyers can take it home by making a down payment of INR 11,000. The bike comes with several features such as a digital instrument console, digital odometer, digital speedometer, fuel gauge, low fuel indicator, stand alarm, and tripmeter, along with drum brake.
The Bajaj CT 125X is equipped with a 124.4 cc, 4-stroke, single-cylinder engine with DTSI technology, which can generate 10.9 PS of power at 8,000 RPM and 11 Nm of peak torque at 5,500 RPM. The engine is mated to a 5-speed gearbox and the bike gives a mileage of 65 kmpl.
The on-road price of the Bajaj CT 125X is INR 86,057 thousand. However, buyers can avail it by making a down payment of INR 11,000 and then taking a loan of INR 75,057 thousand. The EMI for the loan will be INR 1,721 thousand for 54 months at an interest rate of 10%.
In other news, Tata Motors is set to launch the Sumo SUV 2024 with advanced features to compete with Toyota. Hero Cruiser 350 also offers advanced features and excellent mileage. Nissan Magnite will be launched with modern features, while Maruti Alto 800 car can be bought for just INR 50,000 with an EMI plan.