Yamaha
Yamaha MT-15 V2 on-road price in Shimla
₹1.94 Lakh on-road for the base variant, against ₹1.68 Lakh ex-showroom.
On the road in Shimla the base MT-15 V2 comes to ₹1.94 Lakh: ₹1,67,510 ex-showroom, ₹13,226 in Himachal Pradesh road tax and registration (7.9%), ₹12,867 for first-year insurance. Dealers add handling and accessory packs on top; both are negotiable.
That is ₹1,941 less than in Delhi (₹1,95,544), mostly because Himachal Pradesh charges 7.9% in road tax and registration against Delhi's 8.9%.
Within Himachal Pradesh the MT-15 V2 ranges from ₹1,92,714 to ₹1,93,603 on-road across the 2 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 ₹95.50 in Shimla and a real-world 44 kmpl, fuel comes to about ₹2.17 per km, or ₹1,693 a month at 30 km a day.
All variants on-road in Shimla
| Variant | Ex-showroom | RTO | Insurance | On-road |
|---|---|---|---|---|
| Standard | ₹1,67,510 | ₹1,93,603 | ||
| Deluxeestimate | ₹1,72,000 | ₹1,98,790 |
Dealer quotes for Shimla 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, Shimla list price | ₹1,67,510 |
|---|---|
| Road tax and registration (Himachal Pradesh RTO)7.9% of ex-showroom, paid once | ₹13,226 |
| Insurance, first yearOwn-damage cover plus the mandatory five-year third-party premium | ₹12,867 |
| On-road price | ₹1,93,603 |
Rivals on-road in Shimla
Base variants, same RTO, so the ranking is fair.
EMI in Shimla
EMI calculator
On an estimated on-road price of ₹1,93,603 for the MT-15 V2.
- Monthly EMI
- ₹5,580
- Loan amount
- ₹1,74,243
- Total interest
- ₹26,637
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 Himachal Pradesh
Same Himachal 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 |
Shimla is one of 189 RTO cities on the MT-15 V2 price page.
MT-15 V2 in Shimla: questions people ask
- What is the on-road price of the MT-15 V2 in Shimla?
- ₹1,93,603 for the base Standard and up to ₹1,98,790 for the Deluxe, including Himachal Pradesh road tax, registration and first-year insurance. The figures come from Shimla 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 Himachal Pradesh?
- ₹13,226 on the base variant, which is 7.9% 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 Shimla or Delhi?
- Shimla, by about ₹1,941.
MT-15 V2 from
₹1.68 Lakh