Bhullar, who had a 67 on first day, ended at three-under 285.
SSP Chowrasia carded a final round 70 and ended in tied 38th place at even par 288.
Meanwhile, Englishman David Horsey claimed his third European Tour title at the M2M Russian Open after beating Ireland's Damien McGrane in a play-off, following a dramatic finish.
Horsey had a share of the lead heading into the last day at Tseleevo Golf and Polo Club, but a double bogey at the 12th and a bogey at the 14th looked to have put paid to his chances as McGrane moved ahead thanks to a six-under par 66.
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A two-putt par in the play-off was enough to give Horsey the win, with McGrane failing to make par after finding a greenside bunker with his approach.
Scotland's Peter Whiteford, who shared the overnight lead, struggled to a three-over par 75 for fifth, one shot behind Englishman Sam Hutsby, who moved up to fourth with a 68.
"I'm relieved really - that's the word that sums it up. It was quite similar to my last win, in Morocco, where I made a bit of a mess of a couple of holes on the back nine. I didn't know where I was in the tournament until the 17th," said Horsey.
"I knew the chip on 17 had to go in. I knew by that point that I was three behind so I needed it to go in. This is a very special win. It's been a while and it's been a bit of a bumpy road.