Yamaha
Yamaha MT-15 V2 on-road price in Chennai
₹1.96 Lakh estimated on-road for the base variant, against ₹1.68 Lakh ex-showroom.
The Yamaha MT-15 V2 costs an estimated ₹1,96,400 on the road in Chennai for the base Standard variant. That is ₹28,400 over the ₹1,68,000 ex-showroom price, made up of ₹16,800 in Tamil Nadu road tax at 10%, ₹1,200 in registration charges and about ₹10,385 in first-year insurance.
That is ₹3,500 more than in Delhi, almost entirely because of the difference in state road tax.
With petrol at ₹100.80 in Chennai and a real-world 44 kmpl, fuel comes to about ₹2.29 per km, or ₹1,787 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 Chennai
| Variant | Ex-showroom | Tax and fees | On-road |
|---|---|---|---|
| Standard | ₹1,68,000 | ₹1,96,400 | |
| Deluxe | ₹1,72,000 | ₹2,00,900 |
Where the money goes
| Ex-showroom priceStandard variant, Delhi list price | ₹1,68,000 |
|---|---|
| Road tax (Tamil Nadu)10% of ex-showroom, one-time | ₹16,800 |
| Registration and RTO chargesSmart card, HSRP plate, fees | ₹1,200 |
| Third-party insurance (5 years)Mandatory on a new two-wheeler | ₹7,365 |
| Own-damage insurance (1 year)Optional but recommended; varies by insurer | ₹3,020 |
| Estimated on-road price | ₹1,96,400 |
Rivals on-road in Chennai
Base variants, same tax rules, so the ranking is fair.
EMI in Chennai
EMI calculator
On an estimated on-road price of ₹1,96,400 for the MT-15 V2.
- Monthly EMI
- ₹5,660
- Loan amount
- ₹1,76,760
- Total interest
- ₹27,000
Indicative only. Lenders add a processing fee (usually 1–3%) and quote rates by credit score; banks are typically cheaper than dealer-tied NBFCs.
Other cities
| City | Road tax | On-road price |
|---|---|---|
| DelhiDelhi | 8% | ₹1,92,900 |
| MumbaiMaharashtra | 11% | ₹1,98,200 |
| BengaluruKarnataka | 18% | ₹2,09,800 |
| HyderabadTelangana | 12% | ₹1,99,700 |
| ChennaiTamil Nadu | 10% | ₹1,96,400 |
| KolkataWest Bengal | 7.5% | ₹1,92,100 |
| PuneMaharashtra | 11% | ₹1,98,200 |
| AhmedabadGujarat | 6% | ₹1,89,600 |
| JaipurRajasthan | 10% | ₹1,96,300 |
| LucknowUttar Pradesh | 10% | ₹1,96,300 |
MT-15 V2 in Chennai: questions people ask
- What is the on-road price of the MT-15 V2 in Chennai?
- About ₹1,96,400 for the base variant and up to ₹2,00,900 for the top variant, including road tax, registration and insurance. Dealer quotes may add handling and accessories.
- How much is road tax on the MT-15 V2 in Tamil Nadu?
- 10% of the ex-showroom price, which is ₹16,800 on the base variant. It is paid once, at registration.
- Is the MT-15 V2 cheaper in Chennai or Delhi?
- Delhi, by about ₹3,500, because Tamil Nadu road tax is higher. You must register where you live, so this is not a saving you can chase.
MT-15 V2 from
₹1.68 Lakh