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Yamaha MT-15 V2 vs Yamaha R15 V3 in Nepal

Price & specification comparison · updated July 15, 2026

At a glance

	Yamaha MT-15 V2	Yamaha R15 V3
Ex-showroom price	Rs 5.49 lakh – Rs 5.79 lakh	Rs 5.25 lakh
Fuel	petrol	petrol
Variants on sale	4	1
Distributor	MAW Enterprises (MAW Two Wheelers / MAW Ride – Authorized Yamaha Distributor for Nepal)	MAW Enterprises (MAW Two Wheelers / MAW Ride – Authorized Yamaha Distributor for Nepal)

Variant-wise prices (July 15, 2026)

Yamaha MT-15 V2

Deluxe (Bluetooth/TCS variant)	रु 5,79,000
Standard	रु 5,49,000
(Standard, all colours)	रु 5,49,900
MT-15 V2	रु 5,69,900

Yamaha R15 V3

R15 V3 ABS

रु 5,24,900

Specifications — MT-15 V2 Deluxe (Bluetooth/TCS variant) vs R15 V3 R15 V3 ABS

Category	Yamaha MT-15 V2	Yamaha R15 V3
Battery & Range	10L fuel tank shared with MT-15 platform Mileage around mid-40s to high-40s kmpl, rider feedback Practical tank range roughly 400–450 km in mixed use	Not disclosed officially
Motor Power & Drivetrain	155cc liquid-cooled SOHC 4-valve single-cylinder engine Approx 18.4 PS peak power output Approx 14.1 Nm peak torque output 6-speed manual gearbox, slipper/assist-style clutch feel BS6-compliant FI system with Variable Valve Actuation Chain final drive with sporty gearing	Not disclosed officially
Wheelbase & Ground Clearance	Wheelbase 1,335 mm; shared with standard variant Ground clearance 170 mm, suited for city streets	Not disclosed officially
Dimensions	Length 2,020 mm, width 800 mm, height 1,070 mm Seat height 810 mm; sporty yet manageable Kerb weight around 138–141 kg including deluxe additions Compact footprint aids urban manoeuvrability	Not disclosed officially
Cargo	Underseat space limited to documents and small tools No factory-fitted luggage rack or pannier mounts	Not disclosed officially
Comfort & Interior	Sporty yet comfortable riding triangle for daily commuting Firm single seat; better for rider than pillion USD front forks improve ride composure over bumps Linked-type monocross rear suspension balances sport and comfort Engine refinement praised in city and highway usage	Not disclosed officially
Infotainment & Convenience	Y-Connect Bluetooth-enabled console in V2 deluxe variant Smartphone integration for call, SMS, app alerts via Y-Connect Shows trip data, battery voltage, last parked location via app Negative LCD meter with gear indicator and real-time mileage Side-stand engine cut-off and hazard indicators for convenience	Not disclosed officially
Safety	Single-channel ABS with front disc; rear disc standard Traction Control System standard on V2 deluxe trim LED head and tail lamps for better visibility Tubeless tyres for controlled deflation in punctures Deltabox frame and aluminium swingarm enhance stability	Not disclosed officially
Design & Exterior	Deluxe colours like Cyan Storm and Ice Fluo Vermillion Aggressive front fascia with bi-functional LED projector Aluminium swingarm visually differentiates V2 from earlier MT-15 Minimalist rear with sporty tyre-hugger and LED indicators Six total colour options across two Nepal variants	Not disclosed officially
Sales & Imports	Marketed as higher-spec MT-15 V2 variant by Yamaha Nepal Two-variant strategy helps wider price and feature coverage Customer discussion quotes price near Rs 5.79 lakh on-road Positioned above standard MT-15 V2 due to TCS and Bluetooth	Not disclosed officially
Value for Money Verdict	Added TCS, USD forks, and Bluetooth justify premium over base Appeals strongly to enthusiasts seeking tech-loaded 150cc Still expensive relative to simpler 150cc commuters Value depends on buyer priority for performance and features	Not disclosed officially
Pros	Traction control and ABS increase safety margin Bluetooth Y-Connect adds modern connectivity feel USD forks and aluminium swingarm sharpen handling Distinctive colour schemes enhance road presence Strong midrange performance and good efficiency together	Not disclosed officially
Cons	Single-channel ABS only, despite higher pricing Limited practicality; minimal storage and pillion comfort On-road price approaches some higher-capacity rivals Ride can feel firm on poor rural roads Feature gap versus full dual-channel ABS competitors	Not disclosed officially

Comparing each model's best-documented variant. Pick exact variants side by side in the interactive compare tool.

Frequently asked questions

Which is cheaper in Nepal — Yamaha MT-15 V2 or Yamaha R15 V3?

As of July 2026, the Yamaha R15 V3 starts at Rs 5.25 lakh ex-showroom — Rs 0.24 lakh less than the Yamaha MT-15 V2 at Rs 5.49 lakh.

What is the price of the Yamaha MT-15 V2 and Yamaha R15 V3 in Nepal?

The Yamaha MT-15 V2 costs Rs 5.49 lakh to Rs 5.79 lakh and the Yamaha R15 V3 costs Rs 5.25 lakh (ex-showroom, July 2026).

Should I buy the Yamaha MT-15 V2 or the Yamaha R15 V3?

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

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