Scoop: Bajaj V priced at Rs 63,160 ex-Pune; bookings open for Rs 500

Bajaj V, the new commuter motorcycle unveiled earlier this month by the Pune-based company, has been priced at Rs 63,160, and is available for booking for a down-payment of Rs 500.

An enquiry to a dealership from International Business Times, India confirmed the motorcycle has been priced at Rs 63,160, ex-showroom Pune. The motorcycle will cost Rs 72,260 on road in Pune and the bookings have been commenced for a token amount of Rs 500. Bajaj Auto is yet to launch the motorcycle in the market, and prices have not officially been announced yet.

IBTimes India's query also confirmed the dealerships will commence deliveries of the V from March 23. Hence, its launch date can be assumed to be in the middle of next month.

Bajaj Auto unveiled this new commuter motorcycle earlier this month. It has been made using metal from the dismantled INS Vikrant, India's first aircraft carrier. The company has also confirmed the production of the V will begin on Feb. 5 with initial an output of 20,000 units per month.

The V comes with a removable rear seat cowl, which can be detached to seat the pillion. It features a new speedometer cluster with a dual-colour LED, fuel-level indicator and an LED tail lamp. The fuel tank is where the metal from the INS Vikrant has been used.

The Bajaj V is powered by a 149.5cc single-cylinder four-stroke air-cooled DTS-i engine, churning out maximum power of 11.8bhp at 7,500rpm and 13Nm of torque at 5,500rpm. The motorcycle measures 2,044mm in length, 780mm in width and 1,070mm in height, with a wheelbase of 1,315mm. The new bike comes with a ground clearance of 165mm and kerb weight of 135.5 kg. The V will be available in two colours: Ebony Black and Pearl White.