Yamaha MT 15 EMI Calculator

Check the estimated monthly EMI for the Yamaha MT 15 V2 bike with the help of our two wheeler loan calculator.
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Yamaha MT 15
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3 mins
24-February-2025

Calculate two-wheeler loan EMIs for Yamaha MT-15 V2Before you purchase your MT 15 on EMIs, use our EMI calculator to plan your budget. Here is how you can calculate:

Type Yamaha MT 15 in the ‘Brand Model Variant’ section to see the available models.

Select the Yamaha MT 15 variant to see the price.

Enter the down payment, interest rate, and loan tenure to view the estimated EMI.

Explore the Yamaha MT 15 on Bajaj Mall and book your bike with a two-wheeler loan from Bajaj Finance.

Understanding the two-wheeler loan down payment for Yamaha MT-15 V2

When applying for a two-wheeler loan for the Yamaha MT 15, the down payment is the amount you pay upfront, and the remaining amount is financed through the loan.

For example, say the Yamaha MT 15 has an on-road price of around Rs. 2,32,520. The down payment is usually a percentage of the on-road price, which you pay upfront, while the balance is covered by the two-wheeler loan.

For instance, if the down payment is Rs. 50,000, you could finance the remaining Rs. 1,36,789 through a loan. Your EMI will depend on the loan amount, interest rate, and tenure.

Example of down payment and EMI for all variants of Yamaha MT-15 V2

The Yamaha MT-15 V2 is available in several exciting variants, each with a distinct colour option and pricing. The Dark Matte Blue and Metallic Black variants are priced at Rs. 1,68,200 (ex-showroom Delhi). The Cyan Storm DLX, Cyber Green DLX, Ice Fluo-Vermillion DLX, and Metallic Black DLX variants are priced at Rs. 1,72,900 (ex-showroom Delhi). The special Monster Energy Yamaha MotoGP Edition is priced slightly higher at Rs. 1,73,400 (ex-showroom Delhi). All variants offer a unique style and colour, allowing riders to choose based on their personal preference.


Here is an estimated EMI breakdown for the Yamaha MT 15 based on a typical interest rate of 10% per annum over a 3-year tenure:

Yamaha bike modelPriceDown paymentLoan amountTotal interest payableEMI
Yamaha MT 15 V2Rs. 2,32,520Rs. 50,000Rs. 1,36,789Rs. 22,108Rs. 4,414


*Prices may vary depending on location.


The EMI figures are estimates based on standard interest rates and loan tenure. Your exact EMI may vary depending on your loan eligibility.

Factors affecting two-wheeler loan EMI for a Yamaha MT-15 V2

Factors affecting the two-wheeler loan EMI for a Yamaha MT-15 V2 include:

Loan amount: Higher loan amounts lead to higher EMIs.

Loan tenure: Longer tenures result in lower monthly payments.

Interest rate: A higher interest rate increases the EMI.

Down payment: A larger down payment reduces the loan amount and EMI.

Credit score: A good credit score may lower interest rates.

Benefits of using our EMI Calculator

Benefits of using our EMI Calculator include:

  • Estimate EMI calculation: Quickly determine your monthly payments.
  • Customisable inputs: Adjust loan amount, tenure, and interest rate.
  • Helps in budgeting: Plan your finances with a clear idea of monthly payments.
  • Time-saving: Instantly get results without manual calculations.
  • Compare options: Easily compare different loan terms and interest rates.

How to apply for a two-wheeler loan from Bajaj Finance

Booking a Yamaha MT 15 with a two wheeler loan is simple. Follow these steps:

Click the ‘Book Now’ button on this page to visit Bajaj Mall.

Choose your preferred Yamaha MT 15 model.

Pick a suitable EMI plan, check for any ongoing offers, and confirm your booking.

After the online two-wheeler booking confirmation, a Bajaj Finance representative will guide you through the next steps. Once approved, you can collect your Yamaha MT 15 from the nearest partner showroom.

Yamaha MT 15 V2 – Overview

The Yamaha MT 15 is a powerful and stylish naked street bike. Powered by a 155cc liquid-cooled engine, it delivers 18.4 PS of power and 14.1 Nm of torque, making it perfect for city rides and short trips.

The MT 15 is a great choice for riders who want a sporty and fuel-efficient bike. With its sleek design, powerful engine, and advanced features, it offers a thrilling ride for both beginners and experienced riders.

Book the bike easily with a two-wheeler loan from Bajaj Finance. Manage the purchase with affordable EMI options and flexible repayment plans.

Note: Vehicle prices may vary depending on the model and city of purchase. The ex-showroom prices considered for the estimates mentioned above may vary from time to time. The actual loan offer may vary depending on the fulfilment of eligibility criteria for a two-wheeler loan from Bajaj Finance.

Disclaimer

Results generated by the calculator(s) are indicative in nature. The interest rate applied on the loan will depend on the prevailing rates at the time of loan booking. The calculator(s) are not intended to provide its users/ customers with results that are either certified by Bajaj Finance Limited (“BFL”) or are an obligation, assurance, warranty, undertaking or commitment, financial and professional advice by BFL, under any circumstances. The calculator(s) is only a tool that assists the users/ customers arrive at results of various illustrative scenarios generated from data input by the user/ customer. The use of the calculator is entirely at the risk of the user/ customer, BFL is not responsible for any reason, for any errors in any outcome resulting from the use of the calculator.

Frequently asked questions about Yamaha MT 15 EMI Calculator

What is the lowest down payment for Yamaha MT 15?
The minimum down payment for a Yamaha MT 15 may vary depending on the loan provider’s policy and fulfilling the two-wheeler loan eligibility requirements.

What will be the interest rate for a two-wheeler loan for Yamaha MT 15?
The interest rate for a two-wheeler loan for a Yamaha MT 15 depends on the loan offer you receive based on your eligibility.

What will be the EMI for 3 years tenure for Yamaha MT 15?
For the Yamaha MT 15 V2, the EMI for a 3-year loan tenure can be calculated based on the price, down payment, and loan amount. Assume the bike price is Rs. 2,32,520 and the down payment is Rs. 50,000. This leaves a loan amount of Rs. 1,36,789. With an interest rate of 10% per annum, the total interest payable over the loan period is Rs. 22,108. This results in an estimated monthly EMI of Rs. 4,414.

What will be the EMI for Yamaha MT 15?

Bajaj Finance provides two-wheeler loans with affordable EMI plans. You can choose an EMI plan as per your budget.

How much loan can I get for buying Yamaha MT 15?

Bajaj Finance provides up to 100% on-road financing for the purchase of a two-wheeler. The loan for buying a Yamaha MT 15 depends on your eligibility for a two-wheeler loan.

What is the current interest rate for a two-wheeler loan for a Yamaha MT 15?

The interest rate for a two-wheeler loan from Bajaj Finance is up to 30%.

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