The Royal Enfield Bullet 500 is powered by an air-cooled 499cc single cylinder engine which produces 26.1 bhp of power and 40.9 Nm torque. The engine is mated to a five speed constant mesh gearbox.

The Royal Enfield Bullet 500 has a mileage of 46 KMPL, and is available at price of INR 1,50,480 (ex-showroom, Delhi)