On-road price calculator
Yamaha MT-15 V2 Standard on-road price in Chennai
Exact on-road price including RTO road tax (Tamil Nadu), registration charges, and total on-road cost. Pricing reflects current state RTO rates.
Updated for FY 2026 · State RTO rates verified
Variant
City
Yamaha MT-15 V2 price breakdown.
For Standard in Chennai
Tap any section to expand the details. All amounts in Indian Rupees (₹).
Ex-showroom price
₹160,000
+
Manufacturer ex-showroom Set by Yamaha, uniform across India
₹160,000
About: Ex-showroom is the manufacturer-listed price before state taxes and registration. This is the price shown in brochures and on the manufacturer's website.
RTO road tax
₹19,200
+
State road tax (12.00% of ex-showroom)
₹19,200
Tamil Nadu road tax: 12.00% of ex-showroom of the ex-showroom price. Road tax varies by state and engine displacement.
Insurance
₹8,000
+
1st-year comprehensive 3rd-party + own-damage cover
₹8,000
Mandatory 5-year third-party insurance (IRDAI). 1st-year comprehensive estimate — final premium depends on insurer, IDV, and add-ons chosen.
Registration & other charges
₹2,000
+
Dealer handling & PDI charges Pre-delivery inspection, logistics
₹2,000
Handling and PDI charges are set by the dealer and may vary.
On-road price · Chennai
Yamaha MT-15 V2 Standard
Ex-showroom
₹160,000
Road tax (Tamil Nadu)
₹19,200
Insurance (1st year)
₹8,000
Other charges
₹2,000
Total on-road
₹189,200
Road tax 12.00% of ex-showroom in Tamil Nadu
All Yamaha MT-15 V2 variants on-road price.
Showing for Chennai
| Variant | Ex-showroom | Road tax | On-road | |
|---|---|---|---|---|
| YOU Standard | ₹160,000 | ₹19,200 | ₹189,200 | |
| MotoGP Edition | ₹173,400 | ₹20,808 | ₹204,878 | View → |
On-road price by city
Yamaha MT-15 V2 Standard on-road price near Chennai
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On-road price = Ex-showroom + RTO + Insurance + Other charges.
On-road price FAQs.
Common questions about on-road price in India and how it's calculated.
What is the difference between ex-showroom and on-road price?+
Ex-showroom is the manufacturer's listed price, uniform across India. On-road price is what you actually pay — it adds state RTO road tax (varies 8–18% for bikes by state), 1st-year insurance, dealer handling, registration, and number plate. On-road is typically 12–22% higher than ex-showroom for bikes.
Why does the Standard on-road price differ between cities?+
RTO road tax is set by each state government, not centrally. So the same bike can have a different on-road price in Delhi vs Chennai vs Pune. Insurance also varies slightly by state due to IRDAI accident-risk zones. Dealer handling charges can differ too — always ask for a full written breakup before booking.
Is insurance included in the on-road price shown here?+
Yes. The on-road price shown here includes ex-showroom, road tax, estimated 1st-year insurance, and dealer handling charges. The insurance figure is a state-level estimate — your exact premium depends on the insurer, IDV, and add-ons chosen. Ask your dealer for a full written breakup before booking.
Can I negotiate on-road price with the dealer?+
Road tax and insurance are fixed and non-negotiable. However, dealer handling charges are often negotiable, especially during festive seasons or month-end. Some dealers also offer free accessories (helmets, bike covers) instead of a cash discount. Compare quotes from 2–3 dealers before committing.
How often is the on-road price data updated?+
We update road tax rates whenever state governments revise them (usually at the start of the financial year in April). Ex-showroom prices are updated whenever the manufacturer announces a price change. Always confirm the final price with your dealer as prices can change without notice.
* Prices are indicative. On-road total includes ex-showroom, road tax, estimated 1st-year insurance, and dealer charges. Final amounts may vary by insurer and dealer. Please confirm with your nearest Yamaha dealer.