Discover 150F is priced at Rs 58,739, while Discover 150S is available for Rs 51,720 for drum and 54,725 for disc variants, Bajaj Auto Ltd said in a statement.
"These Discover 150 bikes break away from the current basic bikes available in the market to give the consumer an exciting and energising ride," it added.
Commenting on the launch Bajaj Auto President (Motorcycle Business) Eric Vas said: "Todays customers are progressive and modern and want to be recognised as such by their family, friends and colleagues. The Discover 150F will strongly appeal to both their sense of style and expectation on performance.