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Yamaha R2 on-road price in Panaji

₹2.74 Lakh on-road for the base variant, against ₹2.31 Lakh ex-showroom.

By , founder and editor

Updated

Prices checked

Specs source: Yamaha

On the road in Panaji the base R2 comes to ₹2.74 Lakh: ₹2,31,890 ex-showroom, ₹29,327 in Goa road tax and registration (12.6%), ₹12,690 for first-year insurance. Dealers add handling and accessory packs on top; both are negotiable.

That is ₹10,719 more than in Delhi (₹2,63,188), mostly because Goa charges 12.6% in road tax and registration against Delhi's 8.7%.

Elsewhere in Goa the figure is the same to within a few hundred rupees: registration rules are set by the state, so Margao all land at about ₹2.74 Lakh.

With petrol at about ₹96.50 in Panaji and a real-world 34.5 kmpl, fuel comes to about ₹2.80 per km, or ₹2,182 a month at 30 km a day.

All variants on-road in Panaji

VariantEx-showroomOn-road
Standard₹2,31,890₹2,73,907
Quickshifter₹2,40,890₹2,84,165
M₹2,54,390₹2,99,551

Dealer quotes for Panaji 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 R2 Standard in Panaji, from dealer quotes collected by BikeWale, used under licence. Updated 2026-09-06.
Ex-showroom priceStandard variant, Panaji list price₹2,31,890
Road tax and registration (Goa RTO)12.6% of ex-showroom, paid once₹29,327
Insurance, first yearOwn-damage cover plus the mandatory five-year third-party premium₹12,690
On-road price₹2,73,907

Rivals on-road in Panaji

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

EMI in Panaji

EMI calculator

On an estimated on-road price of ₹2,73,907 for the R2.

Monthly EMI
₹7,900
Loan amount
₹2,46,516
Total interest
₹37,884

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 Goa

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

Other cities

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

R2 on-road price by city, base variant. Dealer quotes via BikeWale, used under licence.
CityRTO shareOn-road price
DelhiDelhi8.7%₹2,63,188
ChandigarhChandigarh10.7%₹2,67,713
AhmedabadGujarat6.6%₹2,59,345
BengaluruKarnataka18.6%₹2,87,698
MumbaiMaharashtra11.6%₹2,71,674
Navi MumbaiMaharashtra11.6%₹2,71,674
PuneMaharashtra11.6%₹2,71,674
ChennaiTamil Nadu12.6%₹2,74,135
HyderabadTelangana18.6%₹2,87,198
KolkataWest Bengal12.6%₹2,83,115

Panaji is one of 189 RTO cities on the R2 price page.

R2 in Panaji: questions people ask

What is the on-road price of the R2 in Panaji?
₹2,73,907 for the base Standard and up to ₹2,99,551 for the M, including Goa road tax, registration and first-year insurance. The figures come from Panaji 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 R2 in Goa?
₹29,327 on the base variant, which is 12.6% of the ex-showroom price. That covers road tax, registration and the number plate, and is paid once at registration.
Is the R2 cheaper in Panaji or Delhi?
Delhi, by about ₹10,719, because Goa road tax is higher. You must register where you live, so this is not a saving you can chase.

R2 from

₹2.31 Lakh