Yamaha MT 15 Version 2.0 EMI Calculator


Updated on October 2026
The Yamaha MT 15 Version 2.0 EMI is Rs. 4,546 per month for 36 months at 9.45% on a loan of Rs. 1,42,016, with a down payment of Rs. 54,176. This is based on the Metallic Black variant's on-road price of Rs. 1,96,192 in Thane (ex-showroom Rs. 1,66,400). Use the bike loan calculator below to change the down payment, interest rate and tenure.
Also see: MT 15 Version 2.0 On-road price | MT 15 Version 2.0 Mileage

Yamaha MT 15 Version 2.0 EMI and Down Payment (Thane)

Ex-showroom
: Rs. 1,66,400
On-road price
: Rs. 1,96,192  (Thane)
Loan amount
: Rs. 1,42,016  (On-road - Down payment)
Down payment
: Rs. 54,176  (On-road - Loan amount)
Monthly EMI
: Rs. 4,546  (For Tenure of 36 months @ 9.45%; banks start from 10.05%)
Insurance
: Rs. 11,488
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Yamaha MT 15 Version 2.0 Bike Loan EMI Calculator

On-road price (Thane)
Rs. 1,96,192
Down payment
Rs. 54,176
Loan amount
Rs. 1,42,016
Interest rate
9.45%
Tenure
36 months
Monthly EMI
Rs. 4,546
Total interest
Rs. 21,640
Total payable
Rs. 1,63,656
EMI in advance: You pay one EMI instalment in advance to the bank. This amount is EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan
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Yamaha MT 15 Version 2.0 Loan Interest Rates by Bank

Yamaha MT 15 Version 2.0 loan rates, 36 months, loan Rs. 1,42,016
Lending Partners Interest Rate EMI Starting From (36 Months)
Loans From HDFC BankHDFC Bank 14.5% onwards Rs. 4,888 (36 months)
Loans From ICICI BankICICI Bank 10.05% onwards Rs. 4,586 (36 months)
Loans From Axis BankAxis Bank 11% onwards Rs. 4,649 (36 months)
Loans From Bank of Baroda BankBank of Baroda 13.65% onwards Rs. 4,830 (36 months)
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Yamaha MT 15 Version 2.0 EMI by Tenure

For a Rs. 1,42,016 loan on the Metallic Black petrol at 9.45%.

Tenure EMI Total Interest Total Payable
12 months Rs. 12,449 Rs. 7,372 Rs. 1,49,388
24 months Rs. 6,517 Rs. 14,392 Rs. 1,56,408
36 months Rs. 4,546 Rs. 21,640 Rs. 1,63,656
48 months Rs. 3,564 Rs. 29,056 Rs. 1,71,072
60 months Rs. 2,979 Rs. 36,724 Rs. 1,78,740
Yamaha MT 15 Version 2.0
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Yamaha MT 15 Version 2.0
4.6 1691 user reviews
Starts at ₹ 1,66,400
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Yamaha MT 15 Version 2.0 Variant-wise EMI & Down Payment

MT 15 Version 2.0 Variants Fuel/Transmission Ex-showroom Loan @9.45% Down Payment EMI (36 months)
Metallic Black Petrol Rs. 1,66,400 Rs. 1,42,016 Rs. 54,176 Rs. 4,546
Metallic Silver Cyan Petrol Rs. 1,67,300 Rs. 1,42,800 Rs. 54,406 Rs. 4,571
MotoGP Edition Petrol Rs. 1,68,800 Rs. 1,44,107 Rs. 54,790 Rs. 4,613
DLX Petrol Rs. 1,76,520 Rs. 1,50,833 Rs. 56,762 Rs. 4,828

Yamaha MT 15 Version 2.0 EMI vs Pulsar N160 S, Pulsar NS160, 390 Duke

Yamaha MT 15 Version 2.0 EMI FAQs

What is the EMI for the Yamaha MT 15 Version 2.0?

Rs. 4,546 per month for the Metallic Black variant (loan Rs. 1,42,016, 9.45%, 36 months). Over 60 months it is Rs. 2,979.

What is the down payment for the Yamaha MT 15 Version 2.0?

Rs. 54,176 for Metallic Black, Rs. 54,406 for Metallic Silver Cyan, Rs. 54,790 for MotoGP Edition and Rs. 56,762 for DLX in ZigWheels' default calculation.

What is the EMI for the Yamaha MT 15 Version 2.0 DLX variant?

Rs. 4,828 per month on a loan of Rs. 1,50,833 at 9.45% for 36 months.

Which bank has the lowest rate for a Yamaha MT 15 Version 2.0 loan?

Of the listed partners, ICICI Bank starts at 10.05% (EMI Rs. 4,586 for 36 months). Axis Bank 11%, Bank of Baroda 13.65%, HDFC Bank 14.5%.

How much total interest will I pay on a Yamaha MT 15 Version 2.0 loan?

Rs. 21,640 over 36 months on the Metallic Black loan at 9.45%.

What on-road price is the Yamaha MT 15 Version 2.0 EMI based on?

Rs. 1,96,192 in Thane: ex-showroom Rs. 1,66,400, insurance Rs. 11,488, RTO and other charges Rs. 18,304.

What is the difference between EMI in advance and EMI in arrears?

EMI in advance: You pay one EMI instalment in advance to the bank. This amount is deducted from the loan amount disbursed to the dealer. Thus it gets added to the down payment that you are to make. EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees.

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