AD
Yamaha MT 15 V2 Price in Mumbai
The Yamaha MT 15 V2 on-road price in Mumbai starts at ₹ 1.92 Lakh for MT 15 V2 Standard variant.
The top variant, MT 15 V2 Deluxe goes up to ₹ 2.04 Lakh.
The MT 15 V2 price on road depends on insurance plan, registration charges, and dealer add-ons.
Yamaha MT 15 V2 is available in 4 variants and comes in 6 colour options.
EMI for the MT 15 V2 in Mumbai typically begins from about ₹ 3,734 per month based on tenure and down payment.
In this price range, buyers in Mumbai can also consider alternatives like Hunter 350 (₹ 1.60 Lakh), 42 Bobber (₹ 2.42 Lakh), Hness CB350 (₹ 2.24 Lakh).
Buyers interested in this Bike can visit authorised Yamaha showrooms in Mumbai, where more than 12 dealerships are available.
Variants
MT 15 V2
Location
Mumbai
Yamaha MT 15 V2 On Road Price in Mumbai
Ex-Showroom Price
₹ 1,65,610
RTO
₹ 18,217
Insurance
₹ 8,452
Total On-Road Price
₹ 1,92,279
EMI 3734/m
EMI CalculatorEMI Calculated Basis
- Down Payment - ₹ 16,561
- Interest Rate - 8% p.a
- Tenure - 5 years
Yamaha MT 15 V2 On Road Price List in Mumbai
| Variants Available(4) | On Road Price | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MT 15 V2 Deluxe 47KMPL155CC | ₹ 2.04 Lakh* | ||||||||||
Price Breakdown (Mumbai)
*Prices may vary by colour, location and dealer | |||||||||||
| MT 15 V2 MotoGP Edition 47KMPL155CC | ₹ 1.95 Lakh* | ||||||||||
Price Breakdown (Mumbai)
*Prices may vary by colour, location and dealer | |||||||||||
| MT 15 V2 Metallic Silver Cyan 47KMPL155CC | ₹ 1.93 Lakh* | ||||||||||
Price Breakdown (Mumbai)
*Prices may vary by colour, location and dealer | |||||||||||
| MT 15 V2 Standard 47KMPL155CC | ₹ 1.92 Lakh* | ||||||||||
Price Breakdown (Mumbai)
*Prices may vary by colour, location and dealer | |||||||||||
AD
Price of Similar Bikes in Mumbai
Yamaha MT 15 V2 User Review
Based on 38 Reviews
5 Rating
A Sharp Street Bike for Daily City Fun
I love this bike because it looks like a mini transformer and is incredibly fun to ride in the city. The 155 cc engine is very special and it feels super smooth and gives you a sudden burst of speed when you twist the throttle hard. It also comes with useful Bluetooth connectivity, which links the bike to your phone to show you text alerts and phone calls right on the digital dashboard.
6 Jun 2026|Varun Solanki
Helpful 
Unhelpful 5 Rating
Quick Escapes Through Traffic
One morning, I took the MT-15 through heavy traffic, and it felt effortless. The 155cc liquid-cooled engine pulls quickly, especially with the VVA kicking in. The bike feels light, and the traction control adds confidence. Mileage stays around 45 kmpl. It’s not very comfortable for long rides, but it’s incredibly fun.
8 Jan 2026|Vivek Khatri
Helpful (1)Unhelpful (1)5 Rating
Good Bike For City Roads
I’ve been riding the Yamaha MT 15 V2 daily, and it handles city traffic well. The front telescopic forks and rear monoshock absorb bumps effectively. The digital instrument cluster is clear, and tyres offer good grip. Top speed reaches 130 km/h, while mileage stays around 44 km/l. Seat comfort could be better for long rides.
31 Dec 2025|Akash Mehta
Helpful Unhelpful 5 Rating
Aggressive and Fast
The MT 15 V2 is super fun to ride! The engine is powerful and very responsive. It’s great for quick acceleration and city rides. The design looks bold and sporty, especially with the LED headlight. The handling is sharp, and it feels very stable even at higher speeds. The digital meter looks cool, and 40 kmpl+ mileage is decent for its power.
3 Dec 2025|Lavit Reddy
Helpful Unhelpful 5 Rating
Agile Streetfighter
The MT-15 V2 is an aggressive-looking streetfighter with great performance for city rides. Its VVA engine provides strong pickup, and handling is nimble. Brakes are precise, making stop-and-go traffic easy to manage. The design turns heads, though the pillion seat is small. It’s ideal for solo riders.
21 Nov 2025|Kavya Iyer
Helpful Unhelpful 5 Rating
Agile Streetfighter
The MT-15 V2 is an aggressive-looking streetfighter with great performance for city rides. Its VVA engine provides strong pickup, and handling is nimble. Brakes are precise, making stop-and-go traffic easy to manage. The design turns heads, though the pillion seat is small. It’s ideal for solo riders.
20 Nov 2025|Bijoy Das
Helpful Unhelpful 
Yamaha MT 15 V2 EMI Calculator
₹3,734EMI for 5 years
Loan Amount : ₹1,75,718
Down Payment
₹ 0
₹ 1.44 Lakh
| months | Principal Amount | Interest | Balance |
|---|---|---|---|
| 6 | ₹1,75,718 | ₹5,164 | ₹1,80,882 |
| 12 | ₹1,75,718 | ₹9,670 | ₹1,85,388 |
| 24 | ₹1,75,718 | ₹18,898 | ₹1,94,616 |
| 36 | ₹1,75,718 | ₹28,402 | ₹2,04,120 |
| 48 | ₹1,75,718 | ₹38,218 | ₹2,13,936 |
| 60 | ₹1,75,718 | ₹48,322 | ₹2,24,040 |
Trending Yamaha Bikes
Yamaha MT 15 V2 On Road Price in Cities Near Mumbai
FAQ's About Yamaha MT 15 V2 Price in Mumbai
Q. What is the ex-showroom price of the Yamaha MT 15 V2 in Mumbai?
A. The ex-showroom price of the Yamaha MT 15 V2 in Mumbai is ₹1,65,610.
Q. What is the on-road price of the Yamaha MT 15 V2 in Mumbai for 2026?
A. The on-road price of the Yamaha MT 15 V2 in Mumbai for 2026 is ₹1,92,279.
Q. What are the RTO charges for the Yamaha MT 15 V2 in the Mumbai?
A. The RTO charges for the Yamaha MT 15 V2 in the Mumbai will be ₹18,217.
Q. How much is the insurance charge for the Yamaha MT 15 V2 in the Mumbai?
A. The insurance charges for the Yamaha MT 15 V2 in Mumbai will be ₹8,452.
Q. What are the alternatives for Yamaha MT 15 V2?
A. The MT 15 V2 rivals with Hunter 350, 42 Bobber, Hness CB350.
Q. How many dealerships for Yamaha MT 15 V2 are available in Mumbai?
A. In Mumbai, there are 12 Yamaha showrooms available.
Q. What is the down payment for the Yamaha MT 15 V2 in the Mumbai?
A. The down payment for the Yamaha MT 15 V2 in the Mumbai will be ₹ 16,561.
Q. Where can I find the authorised Yamaha MT 15 V2 showroom?
A. You can find all Yamaha showrooms in Mumbai on BikeJunction.
AD
MT 15 V2 Price in India
Yamaha Showrooms in Mumbai
Automax Automotive - Kumud Nagar
Shop No A/3,Tulsi Deep Co-op-hsc,Kumud Nagar, S.v. Road,Next To Goregaon Police Stn, Mumbai, Maharashtra, 400062
Avian Yamaha
Dagli Oil Mills Compound, Babulla Tank, Cross Lane, Mumbai-9, Maharashtra., 400069
Dolphin Bikes Pvt Ltd - Ghatkopar
Shop No 1.2.3.4, Akrama Compound, Andher--ghatkopar Road, Near Asalpha Metro Station, Mumbai, Maharashtra, 400084
Ganesh Enterprises
Opp. Hindustan Construction Co, L.B.S. Marg, Vikhroli ( W ), Mumbai, Maharashtra, 400083
Hp Motors - Adarsh Nagar
Ground Floor, Flat No Bunglow No 1, Tejas Garden, Poisar Gymkhana Road, Adarsh Nagar, Charkop Poisar Road, Mumbai, Maharashtra, 400067
Connect With Us
A-23, 3rd floor, A Block, Sector 9,Noida, Uttar Pradesh 201301
support@thebikejunction.com
+91-9773363849
© 2026 BikeJunction. All Rights Reserved.
