For Bikes Under 40000, there are 20 new models on offer from various manufacturers. Bajaj CT 100 (Rs. 32,000), Avon E Bike (Rs. 20,000) and TVS XL 100 (Rs. 32,909) are among the most popular bikes in this segment. To see the latest price in your city, offers, variants, specifications, pictures, mileage and reviews, please select your desired bike models from the list below.