Yamaha MT-15 V2 vs Yamaha R15 V4 in Nepal — price & specs compared
Ex-showroom, KathmanduAll 2 trim prices verified Comparing MT-15 V2 vs BS6 variants
The short answer
Yamaha MT-15 V2 costs रु 58,000 less ex-showroom.MT-15 V2 has 0.5 PS more power.
Choose the Yamaha MT-15 V2 if
Yamaha MT-15 V2 costs रु 58,000 less ex-showroom.MT-15 V2 has 0.5 PS more power.
The MT-15 V2 is a premium, performance-oriented streetfighter that justifies its price through superior build quality, advanced safety features like dual-channel ABS, and class-leading tech connectivity.
Pros
✓Excellent power-to-weight ratio with VVA technology
✓High-quality USD forks and aluminium swingarm
✓Comprehensive safety suite including dual-channel ABS and TCS
✓Advanced Y-Connect smartphone integration
Cons
✕Pillion comfort is severely compromised by the compact seat
✕Higher price point compared to standard 150-160cc commuters
✕Lack of a dedicated stealth/black-on-black color option
As of
Choose the Yamaha R15 V4 if
You prefer its body style, brand or dealer near you — the numbers are close.
The R15 V4 Standard is a premium entry-level sports bike that offers excellent performance and handling for enthusiasts, though it lacks the quick-shifter and traction control found in higher trims.
Pros
✓Class-leading 155cc engine with VVA technology
✓Advanced Deltabox frame and USD forks
✓Dual-channel ABS for enhanced safety
✓Modern digital console with smartphone connectivity
✓Exceptional fuel efficiency for a performance-oriented bike
✓Advanced tech features including traction control and Bluetooth
Cons
✕Lacks quick-shifter and traction control found in higher variants
✕Aggressive riding posture may be uncomfortable for daily commuting
✕Higher price point compared to other 150cc segment bikes
✕Aggressive riding position causes wrist and back fatigue
✕Rear seat is very uncomfortable for pillion passengers
·Manufacturing defect warranty: 2 years from date of sale or first 30,000 kilometers, whichever occurs first, covers repair/replacement free of labour and parts charges
·Battery warranty: applicable till 1 year or 10,000 KM, whichever is earlier, from date of sale of vehicle
·Warranty valid only if customer avails all Free and Paid Services from Authorized YAMAHA dealer per Recommended Service Schedule using genuine spare parts
·Each service must be availed within 100 days from date of previous service or per recommended schedule, whichever is earlier, for warranty validity
·Proprietary items (Tires, Tubes, Battery, Spark Plug, Helmet) are warranted by their respective manufacturers, not YAMAHA, and must be claimed directly by customer
·Warranty excludes: normal maintenance operations (engine tune-up, decarbonising, fuel system cleaning, wheel/brake/clutch adjustments)
·Warranty excludes consumable/wear-and-tear items: brake shoes, fasteners/shims/washers/gaskets, rubber or plastic components (other than tires & tubes), oil seals, cables, electrical wiring, bulbs, filters, spark plugs, drive chain, sprocket, clutch plate, race bearing, air cleaner element, wheel rim misalignment or bend
·Warranty excludes parts subjected to misuse, accident, negligent treatment, or used with non-recommended parts/equipment
·Warranty excludes use of non-genuine parts, non-genuine oil and lubricants
·Warranty excludes rust caused by atmospheric effects from industrial pollution
·Warranty excludes parts altered, modified, or replaced in unauthorized manner affecting performance/reliability
·Warranty excludes motorcycles not serviced per schedule (6 Free Services, 5 Paid Service Coupons) or not maintained per manual instructions, especially during break-in period
·Warranty excludes motorcycles used for competition, racing, or record attempts
·Warranty excludes motorcycles used for commercial purposes and loading, e.g., taxi
·Warranty excludes normal phenomena like noise, vibration, oil seepage not affecting performance
·Warranty excludes maintenance repairs due to misuse, adulterated oil/petrol, or bad road conditions
·Warranty excludes damage from tampering/repair by unauthorized persons/workshops
·Warranty excludes consumables like oil, grease used during free services or warranty repairs
·Warranty excludes damage from modification or fitting of non-YAMAHA-recommended accessories
·Warranty excludes consequential damage claims due to previous malfunction
·Warranty excludes damage from improper oil/grease or non-genuine parts
·Warranty excludes risks like accidents, lightning, water, fire, other acts of God, improper handling, or external causes beyond YAMAHA's control
·Expenses to bring motorcycle to Authorized Dealer are borne by customer
·Warranty jurisdiction: Gautam Budh Nagar (Noida) courts have exclusive jurisdiction over disputes
·Whole-vehicle warranty: manufacturing defects covered for 2 years from date of sale or first 30,000 kilometers, whichever occurs first, for repair/replacement free of labour and parts charges
·Warranty valid only if customer avails all Free and Paid Services from Authorized YAMAHA dealer as per Recommended Service Schedule using only genuine spare parts
·Each service must be availed within 100 days from the date of previous service or as per recommended service schedule, whichever is earlier, for warranty validity
·Proprietary items (Tires, Tubes, Battery, Spark Plug, Helmet) are warranted directly by their respective manufacturers, not by YAMAHA
·Warranty excludes normal maintenance operations (engine tune-up, decarbonising, fuel system cleaning, wheel/brake/clutch adjustments)
·Warranty excludes consumable/wear-and-tear items: brake shoes, fasteners, shims, washers, gaskets, rubber/plastic components (other than tires & tubes), oil seals, cables, electrical wiring, bulbs, filters, spark plugs, drive chain, sprocket, clutch plate, race bearing, air cleaner element, and wheel rim misalignment/bend
·Warranty excludes rusting due to atmospheric effects from industrial pollution
·Warranty excludes motorcycles not serviced per schedule (6 Free Services, 5 Paid Service Coupons) or not operated/maintained per manual instructions, especially during break-in period
·Warranty excludes motorcycles used for commercial purposes and loading such as taxi
·Warranty excludes damage due to modification or fitting of non-recommended accessories
·Warranty excludes claims for consequential damage due to previous malfunction
·Warranty excludes damage caused by improper oil/grease or non-genuine parts
·Warranty does not cover accidents, lightning, water, fire, other acts of God, improper handling, or external causes beyond YAMAHA's control
·Warranty does not affect customer's statutory rights under applicable Indian laws or rights against Dealer from sales/purchase contract
·This warranty is the entire written warranty; no other person including Authorized Dealer, agent, or employee is authorized to extend or enlarge its terms
·Gautam Budh Nagar (Noida) Courts have exclusive jurisdiction over disputes concerning this warranty policy
As of
·Manufacturing defect warranty: 2 years from date of sale or first 30,000 kilometers, whichever occurs first, for parts found defective on examination
·Warranty repair (labour and parts) provided free of charge under stated terms and conditions during the 2 year/30,000 km period
·Battery warranty: applicable till 1 year or 10,000 KM, whichever is earlier, from date of sale of vehicle
·Proprietary items (Tires, Tubes, Battery, Spark Plug, Helmet) warranted directly by their respective manufacturers, not by YAMAHA
·Warranty valid only if customer avails all Free and Paid Services from an Authorized YAMAHA dealer as per Recommended Service Schedule using only genuine spare parts
·Each service must be availed within 100 days from the date of previous service or as per recommended service schedule, whichever is earlier
·Warranty excludes normal maintenance operations (engine tune-up, decarbonising, fuel system cleaning, wheel/brake/clutch adjustments)
·Warranty excludes consumable/wear-and-tear items: brake shoes, fasteners/shims/washers/gaskets, rubber or plastic components (other than tires & tubes), oil seals, cables, electrical wiring, bulbs, filters, spark plugs, drive chain, sprocket, clutch plate, race bearing & element air cleaner, wheel rim misalignment or bend
·Warranty excludes parts subjected to misuse, accident, negligent treatment, or used with non-recommended parts/equipment
·Warranty excludes use of non-genuine parts, non-genuine oil and lubricants
·Warranty excludes rust caused by atmospheric effects due to industrial pollution
·Warranty excludes parts altered, modified, or replaced in unauthorized manner affecting performance/reliability
·Warranty excludes motorcycles not serviced per schedule (6 Free Services, 5 Paid Service Coupons) or not maintained per manual instructions, especially during break-in period
·Warranty excludes motorcycles used for competition, racing, or record attempts
·Warranty excludes motorcycles used for commercial purposes or loading (e.g., taxi)
·Warranty excludes normal phenomena like noise, vibration, oil seepage not affecting performance
·Warranty excludes repairs due to misuse, oil/petrol adulteration, or bad road conditions
·Warranty excludes damage from tampering/repair by unauthorized persons/workshops
·Warranty excludes consumables like oil, grease used during free services or warranty repairs
·Warranty excludes damage due to modification or fitting of non-recommended accessories
·Warranty excludes claims for consequential damage due to previous malfunction
·Warranty excludes damage caused by improper oil/grease or non-genuine parts
·Warranty excludes risks like accidents, lightning, water, fire, other acts of God, improper handling, or external causes beyond YAMAHA's control
·Expenses to bring motorcycle to Authorized Dealer are borne by the customer
·Warranty does not affect customer's statutory rights under applicable Indian laws, nor consumer's rights against the Dealer from sales/purchase contract
·Warranty is the entire written warranty given by YAMAHA; no other person including Authorized Dealer, agent, or employee authorized to extend or enlarge its terms
·Gautam Budh Nagar (Noida) Courts have exclusive jurisdiction over disputes concerning this warranty policy
·Manufacturing defect warranty: 2 years from date of sale or first 30,000 kilometers of operation, whichever occurs first
·Battery warranty: applicable till 1 year or 10,000 KM, whichever is earlier from date of sale of vehicle
·Warranty valid only if all Free and Paid Services availed from Authorized YAMAHA dealer per Recommended Service Schedule using genuine spare parts
·Each service must be availed within 100 days from date of previous service or as per recommended service schedule, whichever is earlier
·Service schedule includes 6 Free Services and 5 Paid Service Coupons
·Customer must produce original Service & warranty handbook to claim warranty; YAMAHA may refuse warranty if handbook not presented or tampered
·Warranty excludes consumable/wear items: brake shoes, fasteners/shims/washers/gaskets, rubber/plastic components (other than tires & tubes), oil seals, cables, electrical wiring, bulbs, filters, spark plugs, drive chain, sprocket, clutch plate, race bearing, air cleaner element, wheel rim misalignment or bend
·Warranty excludes parts affected by misuse, accident, negligent treatment, or use with non-recommended parts/equipment
·Warranty void if motorcycle not serviced by Authorized Dealers per schedule (6 Free Services, 5 Paid Service Coupons) or not maintained per manual instructions (especially during break-in period)
·Warranty excludes motorcycles used for commercial purposes and loading, e.g. taxi use
·Warranty excludes normal phenomena like noise, vibration, oil seepage that do not affect performance
·Warranty excludes maintenance repairs due to misuse, adulterated oil/petrol, or bad road conditions
·Warranty void if any part tampered/repaired by unauthorized persons/workshops
·Warranty excludes damage due to modification or fitting of accessories other than those recommended by YAMAHA
·Warranty excludes claims for consequential damage due to any previous malfunction
·Warranty does not cover accidents, lightning, water, fire, other acts of God, improper handling, or external causes beyond YAMAHA's control
·This is the entire written warranty; no other person (including Authorized Dealer, agent, or employee) authorized to extend or enlarge its terms
As of
✨Design & Exterior
·Colors: Cyan Storm, Matt Black, Ice Fluo - Vermillion, Racing Blue, Ice Strome, Vivid Violet Metallic DLX
·Upside Down Front Forks
·Bi Functional LED Headlights
·Super Wide Radial Rear Tyre
·Aluminium Swing Arms
·Y Connect
·Bi-functional Class (D) LED Headlight
·Uni-level Seat With Grab Bar
·Aluminium Swingarm
·Raised LED Tail Light
·LED Flashers (Not equipped in Metallic Black)
·Deltabox Frame (Not equipped in Metallic Black)
·Super Wide 140mm Radial Rear Tyre (Not equipped in Metallic Black)
·Upside Down Front Forks (Not equipped in Metallic Black)
·Frame type: Deltabox
·Suspension type (front): Telescopic Upside Down
·Suspension type (rear): Link-type Monocross Suspension
·Tyre size (Front): 100/80-17M/C 52P
·Tyre size (Rear): 140/70R-17M/C 66H
·Tyre type: Tubeless
·Headlight: LED
·Position Light: LED
·Rear / Tail light: LED
As of
·Headlight: Bi-functional LED
·Position light: LED
·Brake/tail light: LED
·Deltabox frame-based fully-faired sports design
·Telescopic USD front forks with 37 mm inner tube
·Linked Monocross rear shock absorber
·Bi-functional LED Class D headlamp, LED position light and tail-lamp
·17-inch alloy wheels with sporty design
·Aerodynamic bodywork claimed to improve airflow and high-speed stability
·Racing Blue livery with sporty decals specific to this variant
·Aerodynamic body design
·Upside down front forks
As of
📊Sales & Imports
·Distributed by MAW Rides Pvt. Ltd.
As of
·Distributed by MAW Enterprises in Nepal
As of
Every variant, priced
Ex-showroom by trim — pick one to load it into the columns above.
Yamaha MT-15 V2
Yamaha R15 V4
What each one really costs you
From our tax and EMI tools — bagmati province rates, 3-year loan at 7.5% with 40% down.
Specification
Yamaha MT-15 V2
Yamaha R15 V4
Ex-showroom
रु 5,81,900
रु 6,39,900
Road tax + registration
≈ रु 6,800
≈ रु 6,800
Third-party insurance
≈ रु 1,931
≈ रु 1,931
Estimated on-road
≈ रु 5,90,631
≈ रु 6,48,631
EMI / month
≈ रु 10,860 · 3 yr @ 7.5%
≈ रु 11,943 · 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.
Nothing we can measure separates these two on specification, so price decides it: the Yamaha MT-15 V2 is रु 58,000 cheaper ex-showroom (10%).
Choose the Yamaha MT-15 V2 if
the ex-showroom price is your binding constraint
Every figure in this verdict is computed from the table below — the same ex-showroom prices, variant specifications and Nepal service network the page publishes. Nothing here is an estimate, and where a figure is missing on one side the axis is left out rather than guessed.
What we have actually checked
Price movements we logged
2 recorded since August 2026
Each is a dated change we applied to a published ex-showroom price after checking it. A logged change may be a distributor's revision or our own correction coming into line with the official figure — the log says which way each one moved, and when, not why.
Checked against the distributor's own published price, most recently on 26 October 2026. The rest are listed as published and carry no verification date.
After-sales reach in Nepal
Yamaha: 244 showrooms, 90 service centres · Yamaha: 244 showrooms, 90 service centres
Counted from our own showroom and service-centre directories, not from a brochure — every outlet behind these numbers has a listing on this site with an address and a phone number.
This comparison is assembled from the Nepal AutoMart catalog — distributor price lists we track daily, variant specifications verified against brochures, and our own showroom and service-centre directories. Specifications a source only hedges at are left blank rather than filled in, prices carry the date they were last checked, and corrections are logged. How we source and verify this data.
Which is cheaper in Nepal — Yamaha MT-15 V2 or Yamaha R15 V4?
As of October 2026, the Yamaha MT-15 V2 starts at Rs 5.82 lakh ex-showroom — Rs 0.58 lakh less than the Yamaha R15 V4 at Rs 6.4 lakh.
What is the price of the Yamaha MT-15 V2 and Yamaha R15 V4 in Nepal?
The Yamaha MT-15 V2 costs Rs 5.82 lakh and the Yamaha R15 V4 costs Rs 6.4 lakh (ex-showroom, October 2026).
Should I buy the Yamaha MT-15 V2 or the Yamaha R15 V4?
Nothing we can measure separates these two on specification, so price decides it: the Yamaha MT-15 V2 is रु 58,000 cheaper ex-showroom (10%). Take the Yamaha MT-15 V2 if the ex-showroom price is your binding constraint. Every figure behind that call is in the table on this page.
