Royal Enfield’s long-awaited Bullet 650 Twin is gearing up for its India launch in October 2026, and one of the most frequently asked questions from enthusiasts and buyers alike is simple — “How much will it cost?”
While the brand hasn’t officially announced pricing yet, dealer sources and industry listings give us a clear picture. The Bullet 650 will sit perfectly between the Classic 650 (expected) and the Interceptor 650, maintaining the Bullet’s traditional role as Royal Enfield’s most accessible heritage motorcycle.
Let’s take a closer look at the variant lineup, ex-showroom pricing, and city-wise on-road cost breakdown for 2026.
1️⃣ Variant Structure — Three Versions for Different Riders
Royal Enfield is expected to offer the Bullet 650 Twin in three primary trims, following its successful strategy with other 650 models.
| Variant Name | Description | Focus Area |
|---|---|---|
| Bullet 650 Standard | Matte colour palette, minimal chrome, basic finish | Purist design, affordability |
| Bullet 650 Deluxe | Gloss paint, chrome exhausts, dual-tone tank | Balanced modern-retro look |
| Bullet 650 Chrome Classic | Heavy chrome treatment, pinstriped tank | Premium collector’s variant |
Each variant will carry the same 648 cc twin-cylinder engine and frame but differ in terms of paint finish, detailing, and wheel options (spoke/alloy).
Expected Colour Options by Variant:
- Standard: Matte Black, Gunmetal Grey
- Deluxe: Battleship Blue, Forest Green
- Chrome Classic: Cannon Black, Polished Chrome
This tiered approach ensures there’s a Bullet 650 for both traditionalists and new-age Royal Enfield enthusiasts.
2️⃣ Expected Ex-Showroom Price (India)
Based on early dealer reports and pricing patterns from the Interceptor and Super Meteor, the Royal Enfield Bullet 650 is expected to start around ₹2.80 lakh (ex-showroom Delhi).
| Variant | Expected Ex-Showroom Price (₹) | Difference vs Interceptor 650 |
|---|---|---|
| Bullet 650 Standard | ₹2.80 lakh | – ₹10,000 |
| Bullet 650 Deluxe | ₹2.88 lakh | – ₹2,000 |
| Bullet 650 Chrome Classic | ₹2.95 lakh | + ₹5,000 |
In essence, the Bullet 650 will be priced slightly below the Interceptor 650 while maintaining a premium edge over the upcoming Classic 650.
3️⃣ City-Wise On-Road Pricing (Estimated)
Below is a detailed table projecting on-road costs for India’s top four cities, factoring in RTO charges, insurance, and handling fees.
| City | Standard Variant (₹) | Deluxe Variant (₹) | Chrome Classic Variant (₹) |
|---|---|---|---|
| Delhi | 3.25 L | 3.33 L | 3.40 L |
| Mumbai | 3.32 L | 3.40 L | 3.47 L |
| Bengaluru | 3.38 L | 3.46 L | 3.53 L |
| Chennai | 3.27 L | 3.35 L | 3.42 L |
Notes:
- Prices include standard 5-year insurance.
- Accessory add-ons (saddle stays, crash guards, etc.) can add ₹15,000–₹25,000 to the total.
- Booking amounts expected to start at ₹10,000.
4️⃣ Dealer Insights — Pre-Bookings and Launch Prep
Select Royal Enfield dealers have already confirmed they are gearing up for pre-bookings by September 2026, ahead of the official India launch.
Dealer Highlights:
- Production to begin at the Oragadam (Chennai) plant by August 2026.
- Test ride units expected to reach major dealerships by early October.
- Deliveries will start from November 2026, initially across metro cities.
- Tier-2 markets to follow by Q1 2027.
Dealers estimate initial waiting periods of 6–8 weeks, similar to early Interceptor 650 demand cycles.
5️⃣ Price Comparison — Royal Enfield vs Rivals
To understand where the Bullet 650 stands in the broader mid-size market, here’s a quick comparison against its key competitors and siblings.
| Model | Engine (cc) | Power (PS) | Ex-Showroom Price (₹) | Character |
|---|---|---|---|---|
| Royal Enfield Bullet 650 Twin | 648 | 47 | 2.80 – 2.95 L | Classic Twin |
| Royal Enfield Interceptor 650 | 648 | 47 | 2.90 – 3.10 L | Roadster |
| Royal Enfield Super Meteor 650 | 648 | 47 | 3.55 – 3.70 L | Cruiser |
| Triumph Speed 400 | 398 | 40 | 2.33 L | Neo-Retro Roadster |
| Honda CB650R | 648 | 87 | 9.15 L | Naked Sport |
| Kawasaki Eliminator 400 | 398 | 48 | 5.00 L (est.) | Cruiser |
The Bullet 650 will clearly dominate the retro-twin value segment, offering true twin-cylinder performance under ₹3 lakh, which no other manufacturer currently matches.
6️⃣ Why the Bullet 650’s Pricing Strategy Works
Royal Enfield’s pricing has always been its superpower.
The Bullet 650’s launch strategy mirrors the success of the Interceptor 650 — a premium-feel product priced within reach of mass buyers.
Key Reasons This Price Band Works:
- Bridging the Gap: Between ₹2.5–3.5 lakh lies India’s fastest-growing premium motorcycle segment.
- Emotional Value: The Bullet badge commands unmatched loyalty and nostalgia.
- Performance Leap: A twin-cylinder at a single-cylinder price point changes the market perception.
- Low Ownership Cost: Easy maintenance and strong resale value ensure long-term appeal.
Essentially, Royal Enfield is positioning the Bullet 650 as the gateway to the twin-cylinder experience — affordable, reliable, and packed with old-school character.
7️⃣ Financing & Ownership Cost
With Royal Enfield’s growing partnership network, buyers can expect easy financing options from all major banks.
| Loan Scheme | Details |
|---|---|
| Down Payment | ₹30,000 – ₹45,000 (10–15%) |
| Interest Rate | ~9.5% per annum |
| EMI (3 Years) | ₹8,800 – ₹9,300/month |
| EMI (5 Years) | ₹5,900 – ₹6,400/month |
| Exchange Bonus | ₹10,000 on old RE bikes (expected offer) |
In typical Royal Enfield fashion, the company may also launch an accessory + finance bundle, covering touring add-ons like crash guards, panniers, and screens under a combined EMI.
8️⃣ Price Context — Within Royal Enfield’s 650 Family
| Model | Expected Ex-Showroom Price (₹) | Positioning |
|---|---|---|
| Classic 650 | ₹2.75 L | Entry 650 Twin |
| Bullet 650 | ₹2.80 – ₹2.95 L | Heritage Flagship |
| Interceptor 650 | ₹2.90 – ₹3.10 L | Street Classic |
| Super Meteor 650 | ₹3.55 – ₹3.70 L | Premium Cruiser |
| Shotgun 650 | ₹3.60 – ₹3.80 L | Custom Street Bobber |
The Bullet 650 will thus serve as the emotional centerpiece in Royal Enfield’s lineup — an affordable twin-cylinder machine with the most traditional aesthetic.
9️⃣ Expected Price Timeline (2026–27)
| Timeline | Expected Price Movement (₹) | Reason |
|---|---|---|
| Launch (Q4 2026) | ₹2.80 – ₹2.95 L | Introductory pricing |
| 6 Months Post-Launch | ₹2.90 – ₹3.05 L | High demand & supply constraints |
| End of 2027 | ₹3.10 – ₹3.20 L | BS7 norms, inflation adjustments |
If you’re planning to buy, the first six months post-launch will be the sweet spot for best pricing and availability.
🔟 Verdict — India’s Most Affordable Twin-Cylinder Classic
The Royal Enfield Bullet 650 will redefine value in India’s premium retro motorcycle market.
For under ₹3.5 lakh on-road, buyers will get:
- A parallel-twin engine,
- Authentic all-metal construction,
- And timeless Bullet design refined for the 21st century.
“No other motorcycle offers this much legacy, power, and craftsmanship at this price point.”
FAQs — Royal Enfield Bullet 650 Price & Variants
Q1. What is the expected price of the Royal Enfield Bullet 650?
₹2.80 – ₹2.95 lakh (ex-showroom India).
Q2. How many variants will be offered?
Three: Standard, Deluxe, and Chrome Classic.
Q3. What is the expected on-road price in Delhi?
₹3.25 – ₹3.40 lakh depending on variant.
Q4. When will bookings open?
Expected in September 2026 across all major cities.
Q5. How does it compare to the Interceptor 650 in price?
Slightly lower by around ₹10,000 while offering similar performance.
