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Yamaha Ray ZR 125 on-road price

Ex-showroom from ₹81,820. Estimated on-road in Delhi: ₹94,800. Every city, every variant and the EMI, below.

By , founder and editor

Updated

Prices checked

Specs source: Yamaha

Variant prices

Ex-showroom Delhi list prices from the manufacturer.

VariantEx-showroom

Drum

₹81,820

Disc

₹89,628

Street Rally LCD

₹95,469

Street Rally TFT

₹1,02,046

The gap between the Drum and the Street Rally TFT is ₹20,226, about 25% of the base price. Most of that is comfort and console equipment; the base variant rides the same.

Financed over 36 months, the difference works out to roughly ₹640 a month on the EMI, which is the more useful way to judge it.

Not sure which trim? Read how to read a two-wheeler price list.

On-road price breakdown, Delhi

How ₹81,820 ex-showroom becomes ₹94,800 on the road in Delhi.

Estimated on-road price of the Ray ZR 125 Drum in Delhi. Dealer handling and accessories not included.
Ex-showroom priceDrum variant, Delhi list price₹81,820
Road tax (Delhi)8% of ex-showroom, one-time₹6,546
Registration and RTO chargesSmart card, HSRP plate, fees₹1,100
Third-party insurance (5 years)Mandatory on a new two-wheeler₹3,851
Own-damage insurance (1 year)Optional but recommended; varies by insurer₹1,470
Estimated on-road price₹94,800

On the road in Delhi, budget about ₹94,800 for the base variant once 8% Delhi road tax, registration and five-year third-party insurance are added. Dealers often quote higher by bundling accessories, extended warranty and handling charges; all three are negotiable.

On-road price by city

Road tax is the variable: it ranges from 2% to 18% by state, and most states waive it on electric two-wheelers.

Ray ZR 125 estimated on-road price by city, base variant.
CityRoad taxOn-road price
DelhiDelhi8%₹94,800
MumbaiMaharashtra10%₹96,600
BengaluruKarnataka12%₹98,200
HyderabadTelangana12%₹98,200
ChennaiTamil Nadu8%₹94,900
KolkataWest Bengal7.5%₹94,400
PuneMaharashtra10%₹96,600
AhmedabadGujarat6%₹93,200
JaipurRajasthan8%₹94,800
LucknowUttar Pradesh10%₹96,400

Each city page shows the full breakdown and running cost at local fuel prices. Why the numbers differ: on-road price explained.

EMI on the Ray ZR 125

EMI calculator

On an estimated on-road price of ₹94,800 for the Ray ZR 125.

Monthly EMI
₹2,730
Loan amount
₹85,320
Total interest
₹12,960

Indicative only. Lenders add a processing fee (usually 1–3%) and quote rates by credit score; banks are typically cheaper than dealer-tied NBFCs.

Before signing at the dealer, read what two-wheeler loans really cost.

Ray ZR 125 price: questions people ask

What is the price of the Yamaha Ray ZR 125?
The Ray ZR 125 costs between ₹81,820 and ₹1,02,046 ex-showroom Delhi across 4 variants, as of September 2026. On-road price adds road tax, registration and insurance and varies by state.
What is the on-road price of the Ray ZR 125 in Delhi?
Roughly ₹94,800 for the base variant in Delhi: ₹81,820 ex-showroom plus ₹6,546 road tax, ₹1,100 registration and about ₹5,321 insurance. This is an estimate; dealer quotes include handling and accessories.
What is the EMI for the Ray ZR 125?
With 10% down, a 36-month loan at 9.5% on the base variant comes to about ₹2,590 a month. A shorter tenure raises the EMI but cuts total interest; see the EMI calculator on the price page.
Which bikes are cheaper than the Ray ZR 125?
Among the 26 scooters we have reviewed, the Activa 6G (₹80,000), the Jupiter 125 (₹80,000), the Dio (₹74,820) start lower.

Ray ZR 125 from

₹81,820