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Royal Enfield Classic 350 vs Yamaha MT-15 V2in Nepal — price & specs compared

Ex-showroom, KathmanduPrices verified 28 Aug 2026Comparing Heritage (Madras Red, Jodhpur Blue) vs MT-15 V2 BS6 variants
The short answer

Yamaha MT-15 V2 costs रु 5,100 less ex-showroom.

Choose the Royal Enfield Classic 350 if
You prefer its body style, brand or dealer near you — the numbers are close.

This is the cheapest Classic 350 in Nepal, so it suits buyers who want the retro experience at the lowest entry price. It is good value if you prioritize character, resale familiarity, and dealer support over features. It is still expensive versus commuter bikes, but the Heritage trim keeps the core Classic 350 formula accessible. If you want chrome-heavy nostalgia, this is the most affordable route into the model.

Pros
Lowest entry price in the Nepal range.
Strong retro design and road presence.
Dual-channel ABS and disc brakes add confidence.
Known resale and service ecosystem in Nepal.
Cons
Heavy at about 195–197 kg, so it is not easy at low speed.
No modern ride tech like adjustable modes or traction control.
Limited practicality: no real cargo space.
Comfort is basic versus similarly priced modern bikes.
As of 27 Aug 2026
Choose the Yamaha MT-15 V2 if
Yamaha MT-15 V2 costs रु 5,100 less ex-showroom.
Pros
Dual-channel ABS and traction control on a 155cc streetfighter
Deltabox frame and USD forks give genuinely sharp handling
VVA and refined liquid-cooled engine feel eager past 7,400rpm
Bluetooth cluster with Y-Connect app adds real everyday utility
Light 141kg kerb weight makes it effortless in city traffic
Cons
Pillion seat and single grab strap are strictly token gestures
No main stand fitted, complicating basic chain maintenance
No quickshifter despite the sporty, track-leaning positioning
Costs more than most rivals in the 150-160cc naked class
As of 26 Aug 2026
10 rows compared
Royal Enfield Classic 350 price in Nepal
Royal Enfield
रु 5,55,000
Yamaha MT-15 V2 price in Nepal
Yamaha
रु 5,49,900Lowest price
💰Price & availabilityEx-showroom
Ex-showroom price
रु 5,55,000
रु 5,49,900Cheapest
Range, all variants
रु 5,55,000 – रु 6,02,000
रु 5,49,900 – रु 5,76,900
Variants on sale
15
2
Fuel
petrol
petrol
Distributor
Alpha Automotive Pvt. Ltd. (Royal Enfield Nepal)
MAW Rides Pvt. Ltd. (Yamaha Nepal)
🎁Current offersDealer offers on the selected variant
Offers
cash
No distributor cash offer was found in the gathered sources.
13 offers on other variants
No offer on this variant
⚙️Engine, power & drivetrainVerified spec data
Engine capacity
Not disclosed
155 cc
Max power
Not disclosed
18.6 PS
📐Size & practicalityVerified spec data
Ground clearance
Not disclosed
170 mm
🔧After-sales reachCounted from distributor listings
Showrooms in Nepal
29
173Better
Service centres
22
64Better
1 category hiddenBattery & Range does not apply to these two petrol models.
📋Other verified detailsAs researched, per category
🛋️Comfort & Interior
·SEAT HEIGHT (0UP) 750
·SUSPENSION, FRONT TELESCOPIC, 41MM FORKS
·TRAVEL - FRONT (MM) 130 MM
·SUSPENSION, REAR TWIN TUBE EMULSION SHOCK ABSORBERS WITH 6-STEP ADJUSTABLE PRELOAD
·TRAVEL - REAR WHEEL (MM) 105.3
As of 21 Aug 2026
·Uni-level seat with grab bar
·Side stand equipped with engine cut-off switch
As of 27 Aug 2026
📱Infotainment & Convenience
·USB charging port
·Gear position indicator
As of 04 Aug 2026
·Clock: Digital
·Y-Connect Smartphone Bluetooth Connectivity equipped
·Gear Position Indicator equipped
·Shift timing light equipped
·Speedometer: Digital
·Tachometer: Digital
·Fuel gauge: Digital
·Fuel consumption indicator equipped
·Y-Connect App Call Alert feature
·Y-Connect App SMS & Email notification feature
·Y-Connect App Fuel Consumption Tracker feature
·Y-Connect App Last Parking Location feature
·Y-Connect App Revs Dashboard feature
·Y-Connect App App Connectivity Status feature
·Y-Connect App Phone Battery Level Status feature
·Y-Connect App Maintenance Recommendations feature
·Y-Connect App Malfunction Notification feature
·Y-Connect App Ranking feature
As of 27 Aug 2026
🛡️Safety
·BRAKES, FRONT 300 MM FIXED DISC WITH TWIN PISTON FLOATING CALIPER
·BRAKES, REAR 270 MM DISC, SINGLE PISTON FLOATING CALIPER
·ABS TYPE DUAL CHANNEL
As of 22 Aug 2026
·Traction Control System equipped
·Dual Channel ABS equipped
·Front Brake type: Disc Brake (282 mm)
·Rear Brake type: Disc Brake (220 mm)
·Tyre size Front: 100/80-17M/C 52P
·Tyre size Rear: 140/70-17M/C 66H, Tubeless
As of 27 Aug 2026
Design & Exterior
·TYRE, FRONT SPOKE WHEEL - 100/90 - 19" -63P (TUBELESS TYPE)
·RIM, FRONT 2.15X19
·TYRE, REAR SPOKE WHEEL - 130/90 - 16" -74P (TUBELESS TYPE)
·RIM, REAR 3X16
·FRONT TYRE PRESSURE - SOLO&DUAL 22 PSI
·REAR TYRE PRESSURE - SOLO&DUAL 25 PSI
·FRAME TWIN DOWNTUBE SPINE FRAME
·SUSPENSION, FRONT TELESCOPIC, 41MM FORKS
·TRAVEL - FRONT (MM) 130 MM
·SUSPENSION, REAR TWIN TUBE EMULSION SHOCK ABSORBERS WITH 6-STEP ADJUSTABLE PRELOAD
·TRAVEL - REAR WHEEL (MM) 105.3
·ELECTRICAL SYSTEM 12 VOLT - DC
·HEAD LAMP 22/15W MAX LED
·TAIL LAMP 12V, LED TYPE - 2.8/1.4W
·TURN SIGNAL LAMP 12V,1.4W X 2NOS LED TYPE
As of 22 Aug 2026
·Bi-functional Class (I) LED Headlight
·Raised LED Tail Light
·Aluminium Swingarm
·Headlight: LED
·Position Light: LED
·Brake/Tail light: LED
·Frame type: Deltabox
·Suspension type Front: Telescopic Upside Down Front Fork
·Suspension type Rear: Linked-type Monocross Suspension
·Colour Variants: Cyan Storm, Ice Fluo-Vermillion, Metallic Black-DLX
·LED Flashers (*Not equipped in Metallic Black)
·Super Wide 140mm Radial Rear Tyre
As of 27 Aug 2026
📊Sales & Imports
·Available in Nepal through Royal Enfield’s CKD assembly in Birgunj.
·Nepal launch coverage described five variants and seven colours, later expanded in market listings.
·This is the entry Heritage colorway at NPR 555,000.
As of 27 Aug 2026
Not disclosed

Every variant, priced

Ex-showroom by trim — pick one to load it into the columns above.

Royal Enfield Classic 350

All 15 variants →

Yamaha MT-15 V2

What each one really costs you

From our tax and EMI tools — bagmati province rates, 3-year loan at 7.5% with 40% down.

Ex-showroom
रु 5,55,000
रु 5,49,900
Road tax + registration
≈ रु 6,800
≈ रु 6,800
Third-party insurance
≈ रु 1,931
≈ रु 1,931
Estimated on-road
≈ रु 5,63,731
≈ रु 5,58,631
EMI / month
≈ रु 10,358 · 3 yr @ 7.5%
≈ रु 10,263 · 3 yr @ 7.5%

Estimates, not quotes. Road tax follows the published provincial schedule; insurance is the third-party tariff. Confirm with the dealer and insurer.

Royal Enfield Classic 350 full detailsYamaha MT-15 V2 full detailsEMI calculatorInsurance costOn-road price

Royal Enfield Classic 350 vs Yamaha MT-15 V2 — questions buyers ask

Which is cheaper in Nepal — Royal Enfield Classic 350 or Yamaha MT-15 V2?

As of August 2026, the Yamaha MT-15 V2 starts at Rs 5.5 lakh ex-showroom — Rs 0.05 lakh less than the Royal Enfield Classic 350 at Rs 5.55 lakh.

What is the price of the Royal Enfield Classic 350 and Yamaha MT-15 V2 in Nepal?

The Royal Enfield Classic 350 costs Rs 5.55 lakh to Rs 6.02 lakh and the Yamaha MT-15 V2 costs Rs 5.5 lakh to Rs 5.77 lakh (ex-showroom, August 2026).

Should I buy the Royal Enfield Classic 350 or the Yamaha MT-15 V2?

Weigh the current prices, the variant-wise specifications on this page, and each brand's showroom and service reach near you. There is no single winner — the side-by-side table shows exactly where each bike is ahead.

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