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Yamaha MT-15 V2 on-road price in Navi Mumbai

₹1.99 Lakh on-road for the base variant, against ₹1.68 Lakh ex-showroom.

By , founder and editor

Updated

Prices checked

Specs source: Yamaha

On the road in Navi Mumbai the base MT-15 V2 comes to ₹1.99 Lakh: ₹1,67,300 ex-showroom, ₹19,903 in Maharashtra road tax and registration (11.9%), ₹12,158 for first-year insurance. Dealers add handling and accessory packs on top; both are negotiable.

That is ₹3,817 more than in Delhi (₹1,95,544), mostly because Maharashtra charges 11.9% in road tax and registration against Delhi's 8.9%.

Within Maharashtra the MT-15 V2 ranges from ₹1,95,200 to ₹2,03,170 on-road across the 16 RTO cities we track; the road-tax rule is the same statewide, so the gap is dealer ex-showroom and insurance pricing.

With petrol at about ₹103.50 in Navi 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 Navi Mumbai

VariantEx-showroomOn-road
Standard₹1,67,300₹1,99,361
Deluxeestimate₹1,72,000₹2,04,960

Dealer quotes for Navi Mumbai 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

On-road price of the MT-15 V2 Standard in Navi Mumbai, from dealer quotes collected by BikeWale, used under licence. Updated 2026-09-06.
Ex-showroom priceStandard variant, Navi Mumbai list price₹1,67,300
Road tax and registration (Maharashtra RTO)11.9% of ex-showroom, paid once₹19,903
Insurance, first yearOwn-damage cover plus the mandatory five-year third-party premium₹12,158
On-road price₹1,99,361

Rivals on-road in Navi Mumbai

Base variants, same RTO, so the ranking is fair.

EMI in Navi Mumbai

EMI calculator

On an estimated on-road price of ₹1,99,361 for the MT-15 V2.

Monthly EMI
₹5,750
Loan amount
₹1,79,425
Total interest
₹27,575

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 Maharashtra

Same Maharashtra road-tax rule; the small differences are dealer pricing.

Other cities

Every RTO city in India. Type a town and pick from the list.

MT-15 V2 on-road price by city, base variant. Dealer quotes via BikeWale, used under licence.
CityRTO shareOn-road price
DelhiDelhi8.9%₹1,95,544
ChandigarhChandigarh10.9%₹1,96,980
AhmedabadGujarat6.9%₹1,93,045
BengaluruKarnataka22.7%₹2,19,695
MumbaiMaharashtra11.9%₹1,99,621
Navi MumbaiMaharashtra11.9%₹1,99,361
PuneMaharashtra11.8%₹2,03,170
ChennaiTamil Nadu12.9%₹2,02,453
HyderabadTelangana17.6%₹2,14,305
KolkataWest Bengal21.4%₹2,23,008

MT-15 V2 in Navi Mumbai: questions people ask

What is the on-road price of the MT-15 V2 in Navi Mumbai?
₹1,99,361 for the base Standard and up to ₹2,04,960 for the Deluxe, including Maharashtra road tax, registration and first-year insurance. The figures come from Navi Mumbai 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 Maharashtra?
₹19,903 on the base variant, which is 11.9% 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 Navi Mumbai or Delhi?
Delhi, by about ₹3,817, 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