Yamaha
Yamaha MT-15 V2 on-road price in Mumbai
₹1.98 Lakh estimated on-road for the base variant, against ₹1.68 Lakh ex-showroom.
The Yamaha MT-15 V2 costs an estimated ₹1,98,200 on the road in Mumbai for the base Standard variant. That is ₹30,200 over the ₹1,68,000 ex-showroom price, made up of ₹18,480 in Maharashtra road tax at 11%, ₹1,300 in registration charges and about ₹10,385 in first-year insurance.
That is ₹5,300 more than in Delhi, almost entirely because of the difference in state road tax.
With petrol at ₹103.50 in Mumbai and a real-world 44 kmpl, fuel comes to about ₹2.35 per km, or ₹1,835 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 Mumbai
| Variant | Ex-showroom | Tax and fees | On-road |
|---|---|---|---|
| Standard | ₹1,68,000 | ₹1,98,200 | |
| Deluxe | ₹1,72,000 | ₹2,02,700 |
Where the money goes
| Ex-showroom priceStandard variant, Delhi list price | ₹1,68,000 |
|---|---|
| Road tax (Maharashtra)11% of ex-showroom, one-time | ₹18,480 |
| Registration and RTO chargesSmart card, HSRP plate, fees | ₹1,300 |
| 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 | ₹1,98,200 |
Rivals on-road in Mumbai
Base variants, same tax rules, so the ranking is fair.
EMI in Mumbai
EMI calculator
On an estimated on-road price of ₹1,98,200 for the MT-15 V2.
- Monthly EMI
- ₹5,710
- Loan amount
- ₹1,78,380
- Total interest
- ₹27,180
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 Mumbai: questions people ask
- What is the on-road price of the MT-15 V2 in Mumbai?
- About ₹1,98,200 for the base variant and up to ₹2,02,700 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 Maharashtra?
- 11% of the ex-showroom price, which is ₹18,480 on the base variant. It is paid once, at registration.
- Is the MT-15 V2 cheaper in Mumbai or Delhi?
- Delhi, by about ₹5,300, because Maharashtra 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