Yamaha
Yamaha MT-15 V2 on-road price in Bhopal
₹1.95 Lakh on-road for the base variant, against ₹1.68 Lakh ex-showroom.
On the road in Bhopal the base MT-15 V2 comes to ₹1.95 Lakh: ₹1,67,600 ex-showroom, ₹14,908 in Madhya Pradesh road tax and registration (8.9%), ₹12,866 for first-year insurance. Dealers add handling and accessory packs on top; both are negotiable.
That is ₹170 less than in Delhi (₹1,95,544), down to insurance and dealer charges rather than tax.
Elsewhere in Madhya Pradesh the figure is the same to within a few hundred rupees: registration rules are set by the state, so Dewas, Gwalior and Indore all land at about ₹1.95 Lakh.
With petrol at about ₹106.50 in Bhopal and a real-world 44 kmpl, fuel comes to about ₹2.42 per km, or ₹1,888 a month at 30 km a day. Heavy traffic will push mileage to the lower end of the real-world band.
All variants on-road in Bhopal
| Variant | Ex-showroom | RTO | Insurance | On-road |
|---|---|---|---|---|
| Standard | ₹1,67,600 | ₹1,95,374 | ||
| Deluxeestimate | ₹1,72,000 | ₹2,00,500 |
Dealer quotes for Bhopal via BikeWale, used under licence; last checked 2026-09-06. Extras such as accessory packs and PDI are included where the dealer lists them.
Where the money goes
| Ex-showroom priceStandard variant, Bhopal list price | ₹1,67,600 |
|---|---|
| Road tax and registration (Madhya Pradesh RTO)8.9% of ex-showroom, paid once | ₹14,908 |
| Insurance, first yearOwn-damage cover plus the mandatory five-year third-party premium | ₹12,866 |
| On-road price | ₹1,95,374 |
Rivals on-road in Bhopal
Base variants, same RTO, so the ranking is fair.
EMI in Bhopal
EMI calculator
On an estimated on-road price of ₹1,95,374 for the MT-15 V2.
- Monthly EMI
- ₹5,630
- Loan amount
- ₹1,75,837
- Total interest
- ₹26,843
Indicative only. Lenders add a processing fee (usually 1–3%) and quote rates by credit score; banks are typically cheaper than dealer-tied NBFCs.
Elsewhere in Madhya Pradesh
Same Madhya Pradesh road-tax rule; the small differences are dealer pricing.
Other cities
Every RTO city in India. Type a town and pick from the list.
| City | RTO share | On-road price |
|---|---|---|
| DelhiDelhi | 8.9% | ₹1,95,544 |
| ChandigarhChandigarh | 10.9% | ₹1,96,980 |
| AhmedabadGujarat | 6.9% | ₹1,93,045 |
| BengaluruKarnataka | 22.7% | ₹2,19,695 |
| MumbaiMaharashtra | 11.9% | ₹1,99,621 |
| Navi MumbaiMaharashtra | 11.9% | ₹1,99,361 |
| PuneMaharashtra | 11.8% | ₹2,03,170 |
| ChennaiTamil Nadu | 12.9% | ₹2,02,453 |
| HyderabadTelangana | 17.6% | ₹2,14,305 |
| KolkataWest Bengal | 21.4% | ₹2,23,008 |
Bhopal is one of 189 RTO cities on the MT-15 V2 price page.
MT-15 V2 in Bhopal: questions people ask
- What is the on-road price of the MT-15 V2 in Bhopal?
- ₹1,95,374 for the base Standard and up to ₹2,00,500 for the Deluxe, including Madhya Pradesh road tax, registration and first-year insurance. The figures come from Bhopal dealer quotes and were last checked in 2026-09. Handling and accessory packs can add a few thousand rupees.
- How much is RTO on the MT-15 V2 in Madhya Pradesh?
- ₹14,908 on the base variant, which is 8.9% of the ex-showroom price. That covers road tax, registration and the number plate, and is paid once at registration.
- Is the MT-15 V2 cheaper in Bhopal or Delhi?
- Bhopal, by about ₹170.
MT-15 V2 from
₹1.68 Lakh