The accident occurred last evening when the trio was on its way to Ramgarh from their hometown Songagarh, police said, adding, the bike was hit by the private bus, approaching from the opposite side, on Alwar-Delhi road.
The deceased have been identified as Bhagwan Singh (40) and Manoj Kumar (26), they said.
Roshanlal, who got injured in the incident, was admitted to a government hospital in Alwar.