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Yamaha MT-15 V2 vs Yamaha R15 V4

Prices ex-showroom Delhi, checked 2026-09. On-road and running costs estimated for Delhi.

Yamaha MT-15 V2 and Yamaha R15 V4 are both sports bikes and turn up together on most shortlists. They are priced within ₹7,692 of each other, so this comes down to what each does with the money.

The R15 V4 takes 3 of the 4 categories we score. Our overall ratings are 7.5/10 for the MT-15 V2 and 7.5/10 for the R15 V4.

Category by category

  • Price

    MT-15 V2

    The MT-15 V2 starts ₹7,692 lower (₹1,68,000 against ₹1,75,692), about ₹240 a month less on a standard loan.

  • Running cost

    R15 V4

    R15 V4 claims 46 kmpl against 45 kmpl. That is roughly ₹665 a year in fuel at 30 km a day.

  • Safety kit

    R15 V4

    R15 V4 adds front disc brake and rear disc brake that the MT-15 V2 does not have on any variant.

  • Features

    R15 V4

    R15 V4 gets projector headlamp, led daytime running lamp and ride modes.

Which one should you buy?

Buy the MT-15 V2 if

  • you want the lower purchase price and EMI
  • your priority is solo city riding
  • your priority is enthusiasts
Read the MT-15 V2 review

Buy the R15 V4 if

  • mileage matters more to you than outright performance
  • your priority is weekend track days
  • your priority is enthusiast first bike
Read the R15 V4 review

What each really costs

Base variants, Delhi, 30 km a day. Servicing and insurance are class-typical estimates.

CostMT-15 V2R15 V4
Ex-showroom₹1,68,000₹1,75,692
On-road, Delhi₹1,92,900₹2,01,400
Fuel, 5 years₹1,00,835₹97,510
Servicing, 5 years₹30,000₹30,000
Insurance renewals₹9,260₹9,668
Five-year total₹3,32,995₹3,38,578

Full specification comparison

Better figure in each row is shown in green.

SpecYamahaMT-15 V2YamahaR15 V4
Price
Starting ex-showroom₹1,68,000₹1,75,692
Rough EMI / month₹5,330₹5,570
Engine
Engine155 cc155 cc
Engine typeSingle-cylinder, 4-stroke, liquid-cooled, SOHC 4-valve, VVA1 Cylinder, Liquid Cooled, 4 Valves
Power18.1 bhp18.1 bhp
Torque14.1 Nm14.2 Nm
Claimed mileage45 kmpl46 kmpl
CoolingLiquid-cooled, VVALiquid-cooled
Transmission6-speed with slipper clutch6 Speed
StarterSelf start only
Electric
Top speed140 km/h
Dimensions
Kerb weight139 kg141 kg
Fuel tank10 L11 L
Seat height810 mm815 mm
Ground clearance170 mm170 mm
Wheelbase1325 mm1325 mm
Length1990 mm
Width725 mm
Height1135 mm
Brakes & suspension
Front brake282 mm discDisc, 282 mm, 2 piston caliper
Rear brake220 mm discDisc, 220 mm, 1 piston caliper
ABS / CBSDual-channel ABSDual Channel ABS
Front suspension37 mm USD forksUpside Down Front Forks
Rear suspensionMonoshock, aluminium swingarmLinked-Type Monocross Suspension
Tyres
Front tyre100/80-17100/80-17
Rear tyre140/70-17140/70-R17

MT-15 V2 vs R15 V4: questions people ask

Which is cheaper, the MT-15 V2 or the R15 V4?
The MT-15 V2 is cheaper by ₹7,692 at the base variant (₹1,68,000 against ₹1,75,692 ex-showroom Delhi).
Which gives better mileage, the MT-15 V2 or the R15 V4?
The R15 V4 claims 46 kmpl against 45 kmpl. Real-world figures for both will be lower.
What is the on-road price difference between the MT-15 V2 and R15 V4 in Delhi?
About ₹8,500: roughly ₹1,92,900 for the MT-15 V2 and ₹2,01,400 for the R15 V4, base variants, including road tax, registration and insurance.
Which costs less to own over five years?
Our estimate for five years at 30 km a day in Delhi is ₹3,32,995 for the MT-15 V2 and ₹3,38,578 for the R15 V4, including purchase, fuel, servicing and insurance renewals. The MT-15 V2 comes out ₹5,583 ahead.

Read the full reviews

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