The explosions occurred near the post of 44th battalion post of Assam Rifles yesterday.
The bombs were allegedly planted by suspected militants to attack the security personnel.
The victims were identified as S P Keneth (41), a farmer, and Laishram Kiran (45), a labourer,
Both were admitted to a government hospital at Imphal where their condition was described as serious.
In another incident, suspected militants exploded a powerful grenade at the gate of the residence of an executive engineer of electricity department identified as L Dinesh Kumar at Uripok area here in Imphal West district last night, the police said.
Kumar told mediapersons that a militant outfit had demanded money from him last year.