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Yamaha

Yamaha MT-15 V2

A 155cc that revs to 10,000 rpm and weighs less than a 125.

By , founder and editor

Updated

Prices checked

Specs source: Yamaha

Yamaha MT-15 V2 mt right side view · Image: BikeWale, used under licence

In short

The Yamaha MT-15 V2 uses the R15's liquid-cooled 155cc VVA engine in a light, upright naked chassis with USD forks and dual-channel ABS.

Engine
155 cc
Power
18.1 bhp
Claimed mileage
45 kmpl
Kerb weight
139 kg

What works

  • Lightest bike in its class at 139 kg
  • VVA engine is smooth low down and screams past 7,000 rpm
  • 6-speed gearbox with a slipper clutch
  • Sharp, confidence-inspiring handling

What doesn't

  • Small 10-litre tank; range under 400 km
  • Pillion seat is tiny and high
  • Priced close to 200cc rivals

Best for: Solo city riding, Enthusiasts, Riders who value lightness

Price and variants

Ex-showroom Delhi. On-road estimate for Delhi; other cities on the price page.

The MT-15 V2 is sold in 2 variants, from ₹1,68,000 for the Standard to ₹1,72,000 for the Deluxe, ex-showroom Delhi. The extra ₹4,000 buys bluetooth console, traction control and special colours.

That makes it priced 39th lowest among the 75 sports bikes we have reviewed. Its closest price rivals are the Bullet 350 (₹2,344 less) and the Xtreme 250R (₹4,591 more).

On the road in Delhi, budget about ₹1.93 Lakh for the base variant once 8% Delhi road tax, registration and five-year third-party insurance are added. Dealers often quote higher by bundling accessories, extended warranty and handling charges; all three are negotiable.

VariantEx-showroom

Standard

Dual-channel ABS · USD forks · LCD console

₹1,68,000

Deluxe

Bluetooth console · Traction control · Special colours

₹1,72,000

On-road price in 10 cities, with an EMI calculator

Mileage

MT-15 V2's claimed mileage is 45 kmpl, and unusually, owners and our own riding land right on it: expect 40–48 kmpl in everyday use. Few bikes get this close to their brochure figure.

Among the 67 sports bikes we have reviewed it ranks 23th for mileage, 3 kmpl above the group average of 42 kmpl.

Running cost per month and five-year ownership estimate

Engine and ride

The 155cc liquid-cooled, vva engine makes 18.1 bhp and 14.1 Nm through a 6-speed with slipper clutch. With a kerb weight of 139 kg that is 130 bhp per tonne, 35th best power-to-weight of the 73 bikes in this class we have reviewed.

Peak power is high relative to torque, so this engine rewards revs: it feels ordinary below the mid-range and comes alive above it.

Chassis hardware includes USD front forks, a rear monoshock, dual-channel ABS, a slipper clutch and traction control, with a 282 mm disc up front and 220 mm disc at the rear.

The 810 mm seat is on the tall side. Riders under 5'6" should sit on one before buying.

Our review

Riding impressions and the buying advice a spec sheet cannot give.

Verdict

The MT-15 is a sports bike disguised as a commuter, and that is precisely its appeal. It is light, it is fast where it matters, and it is the most fun you can have in city traffic under ₹2 lakh.

Riding it every day

The 155cc liquid-cooled engine borrows Yamaha's Variable Valve Actuation from the R15. Below 7,000 rpm it is tractable and easy; above it the second cam profile takes over and the bike surges to its 10,000 rpm redline. In a 139 kg chassis, 18 bhp is plenty. The six-speed gearbox is precise and the slipper clutch lets you downshift aggressively without the rear stepping out.

The USD forks and aluminium swingarm give it the best handling here. It flicks through gaps that a Pulsar has to think about. Ride is on the firmer side but never harsh. Mileage of 42–48 kmpl is good for the performance on offer.

What to know before buying

The 10-litre tank means you will be at the petrol pump every 350–400 km. The pillion seat is an afterthought. The Deluxe variant's Bluetooth console and traction control are useful; the traction control in particular earns its keep in the monsoon.

Who should buy it

Riders who mostly ride solo, enjoy the mechanical side of a bike, and want something that rewards good riding without demanding it.

Features and colours

  • Dual-channel ABS
  • USD front forks
  • Rear monoshock
  • Slipper clutch
  • LED headlamp
  • LED tail lamp
  • Digital console
  • Bluetooth connectivity
  • Traction control
  • Alloy wheels
  • +3 more

On safety kit the MT-15 V2 has dual-channel abs, traction control, tubeless tyres and side-stand engine cut-off. Dual-channel ABS is the one item on this list worth paying for if it is variant-dependent.

Against Pulsar N160 or 200 Duke, it gets slipper clutch, led tail lamp and traction control that most rivals skip.

What it lacks: single-channel abs, which rivals at this price offer. The safety items in that list matter more than the console.

It is offered in 4 colours: Metallic Grey, Racing Blue, Dark Matte Blue and Cyan Storm. Colour availability varies by variant and dealer stock.

Full specifications and every feature explained

Warranty, service and ownership

Standard warranty is 2 years, unlimited km. After the free services, the recommended interval is every 5,000 km.

Yamaha runs a sizeable sales and service network in India, at roughly 2,500 touchpoints. Spares and a mechanic who knows the model are rarely far away.

On sale since 2019, the MT-15 V2 is established enough that early production issues have been worked through and used examples give a fair read on resale.

MT-15 V2: questions people ask

What is the price of the Yamaha MT-15 V2?
The MT-15 V2 costs between ₹1,68,000 and ₹1,72,000 ex-showroom Delhi across 2 variants, as of September 2026. On-road price adds road tax, registration and insurance and varies by state.
What is the on-road price of the MT-15 V2 in Delhi?
Roughly ₹1.93 Lakh for the base variant in Delhi: ₹1,68,000 ex-showroom plus ₹13,440 road tax, ₹1,100 registration and about ₹10,385 insurance. This is an estimate; dealer quotes include handling and accessories.
What is the mileage of the MT-15 V2?
Claimed mileage is 45 kmpl. Owners typically see 40–48 kmpl in mixed city and highway riding.
How much does the MT-15 V2 cost to run per month?
Fuel works out to about ₹2.15 per km in Delhi, so a 30 km daily commute costs roughly ₹1,681 a month before servicing.
What is the EMI for the MT-15 V2?
With 10% down, a 36-month loan at 9.5% on the base variant comes to about ₹5,330 a month. A shorter tenure raises the EMI but cuts total interest; see the EMI calculator on the price page.
What is the engine capacity and power of the MT-15 V2?
It uses a 155cc engine producing 18.1 bhp and 14.1 Nm, with a 6-speed with slipper clutch.
Is the MT-15 V2 suitable for short riders?
It is on the tall side at 810 mm. Riders under 5'6" may be on tiptoe at stops and should try it before buying.
MT-15 V2 or Pulsar N160: which is better?
The Pulsar N160 is ₹46,000 less expensive to start and less efficient at 45 kmpl against 45 kmpl. Pick the MT-15 V2 for solo city riding, the Pulsar N160 for upgrading from a 125. Our side-by-side comparison covers every spec.
Which bikes are cheaper than the MT-15 V2?
Among the 75 sports bikes we have reviewed, the Pulsar 125 (₹93,507), the Pulsar NS 200 (₹1.39 Lakh), the Apache RTR 160 (₹1.11 Lakh) start lower.
Is the MT-15 V2 comfortable for a pillion on longer rides?
Not really. The pillion seat is small, set high and firm, so it works fine for short hops but gets uncomfortable past 30-40 minutes. This is a bike bought primarily for the rider's experience, not two-up touring.
Does the small 10-litre tank make the MT-15 V2 impractical for highway trips?
It limits range to roughly 350-400 km per tank in mixed riding, which means more frequent fuel stops than a typical 150cc commuter. It is manageable for weekend rides but worth planning around on longer highway stretches.

MT-15 V2 vs its rivals

Around ₹1.68 Lakh

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