The little-known opener smashed five sixes and eight fours in his quickfire 48-ball 89 as Kolkata surpassed Chennai's total of 190-3 with two balls to spare at the Chidambaram stadium in Chennai.
Kolkata needed nine runs to win off the last over bowled by West Indies seamer Dwayne Bravo, but Manoj Tiwary (nine not out) smashed the third and fourth deliveries for fours to spark celebrations in his team's camp.
Kolkata's other batting star was South African Jacques Kallis, who made a crucial 49-ball 69 with the help of one six and seven fours despite suffering a hamstring injury in the later part of his knock.
"Mission accomplished," said Kolkata skipper Gautam Gambhir.
"Chasing 191 against the defending champions in their backyard shows the character of Bisla. It proves a captain is only as good as his team."
Man-of-the-match Bisla and Kallis put on 136 runs for the second wicket in 13.4 overs before Tiwary and Bangladesh all-rounder Shakib Al Hasan (11 not out) completed the win to deny two-time champions Chennai a hat-trick.
"Bisla and Kallis got the partnership Kolkata needed," said Chennai captain Mahendra Singh Dhoni.
"I think the ball started coming on slightly better in the second half but under the conditions, we batted well. Our bowlers were not getting the reverse swing."
Australian paceman Ben Hilfenhaus bagged two wickets for Chennai, who were facing elimination at one stage of the tournament.
Chennai were lucky to figure in the play-offs, having qualified on better net run-rate than that of Royal Challengers Bangalore after both the teams finished their league engagements with 17 points.
The final was also watched by Pakistan's cricket chief Zaka Ashraf. Pakistani players, who are usually a major draw in India, have been kept out of the tournament after the first edition, reportedly due to security fears.
Suresh Raina earlier cracked a 38-ball 73 with five sixes to help Chennai set a stiff target. Australian Michael Hussey (54), who turned 37 on Sunday, and Murali Vijay (42) were the other main scorers.
Chennai made a brisk start after electing to bat as Hussey put on 87 for the opening wicket with Vijay and then 73 for the second wicket with Raina.
Raina raced to his half-century off just 27 balls before falling off the last ball of the innings, caught by Australian Brett Lee in the deep off Shakib.
Kolkata got $2 million for the win while runners-up Chennai bagged $1.5 million.
Kolkata, Chennai and Delhi Daredevils qualified for the Champions League to be held in India in October between the top domestic Twenty20 clubs from around the world.
Brief scores:
Chennai Super Kings 190-3 in 20 overs (S. Raina 73, M. Hussey 54, M. Vijay 42) lost to Kolkata Knight Riders 192-5 in 19.4 overs (M. Bisla 89, J. Kallis 69; B. Hilfenhaus 2-25) by five wickets.
COMMENTS (8)
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Thanks geo super for bringing such a fabulous season to our homes!
No that is not entirely correct, yes Bisla played the last few powerful strokes to get the win, but it was Kallis's knock that actually set the stage.
After watching the final one thing is clear that IPL makes more pie in one night than what bpl, ppl, tpl,etc will together make in their lifetime. :(
it was amassing...
After all Singh is King...
It was really a facile and thrilling win for kolkata.Chennai super kings did their batting part well and set a tuft target (191-3)for kolkata and kallis start with a good knock but when gambir was out for" 3" he really disappionted the audience .Kallis set a good score and atlast in the final it was bisla who made his team to win the" maiden title. "
what a game!! really enjoyed
I am a big time supporter of Dhoni, but really wanted someone else to win this time. KKR is my home team, so it worked out great (don't care much about SRK though).