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Yamaha MT-15 vs Yamaha R15 V3in Nepal — price & specs compared

Ex-showroom, KathmanduPrices verified 27 Aug 2026Comparing MT-15 Standard vs R15 V3 Dual-ABS variants
The short answer

Yamaha MT-15 costs रु 15,000 less ex-showroom.

Choose the Yamaha MT-15 if
Yamaha MT-15 costs रु 15,000 less ex-showroom.
Choose the Yamaha R15 V3 if
You prefer its body style, brand or dealer near you — the numbers are close.
7 rows compared
Yamaha
रु 5,09,900Lowest price
Yamaha R15 V3 price in Nepal
Yamaha
रु 5,24,900
💰Price & availabilityEx-showroom
Ex-showroom price
रु 5,09,900Cheapest
रु 5,24,900
Range, all variants
रु 5,09,900 – रु 5,76,900
रु 5,24,900
Variants on sale
3
2
Fuel
petrol
petrol
Distributor
MAW Rides Pvt. Ltd. (Yamaha Nepal)
MAW Rides Pvt. Ltd. (Yamaha Nepal)
🔧After-sales reachCounted from distributor listings
Showrooms in Nepal
156
156
Service centres
64
64
1 category hiddenBattery & Range does not apply to these two petrol models.

Every variant, priced

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

Yamaha MT-15
Yamaha R15 V3

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 5,09,900
रु 5,24,900
Road tax + registration
≈ रु 6,800
≈ रु 6,800
Third-party insurance
≈ रु 1,931
≈ रु 1,931
Estimated on-road
≈ रु 5,18,631
≈ रु 5,33,631
EMI / month
≈ रु 9,517 · 3 yr @ 7.5%
≈ रु 9,797 · 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.

Yamaha MT-15 full detailsYamaha R15 V3 full detailsEMI calculatorInsurance costOn-road price

Yamaha MT-15 vs Yamaha R15 V3 — questions buyers ask

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

As of August 2026, the Yamaha MT-15 starts at Rs 5.1 lakh ex-showroom — Rs 0.15 lakh less than the Yamaha R15 V3 at Rs 5.25 lakh.

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

The Yamaha MT-15 costs Rs 5.1 lakh to Rs 5.77 lakh and the Yamaha R15 V3 costs Rs 5.25 lakh (ex-showroom, August 2026).

Should I buy the Yamaha MT-15 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. There is no single winner — the side-by-side table shows exactly where each bike is ahead.

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