Yamaha MT-15 EMI Calculator

Yamaha MT-15
34 reviews
Rs.1.46 - 1.49 Lakh*
*Ex-showroom Price in delhi
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Yamaha MT-15 EMI starts at Rs 5,557 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,54,769. The EMI Calculator tool on BikeDekho gives a detailed break-up of the total payable amount and helps you in finding the best bike finance for your MT-15. (Calculated on On Road Price in Delhi)

 

Yamaha MT-15 Down Payment and EMI

MT-15 VariantsLoan @ 9.7%. Down paymentEMI (36 months)
MotoGP Edition1,57,749Rs. 17,528Rs. 5,640
Ice Fluo Vermillion1,55,763Rs. 17,307Rs. 5,597
Dark Matte Blue1,54,769Rs. 17,197Rs. 5,557
Metallic Black1,54,769Rs. 17,197Rs. 5,557
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Calculate your Loan EMI for MT-15

Down PaymentRs.
0Rs.0
Bank Interest Rate %
6%26%
Loan Period ( Months )
  • On-Road PriceRs.0
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You’ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price in delhi
At BikeDekho, We can help you get the best deal on your loans. Please call us on 1800 200 3000 for help.

Find EMI of MT-15 Alternatives

*Ex-showroom Price in delhi

MT-15 EMI FAQs

  • FAQ

What will be the lowest down payment for Yamaha MT-15?

The lenders generally finance 90% of the value of the . Some customers might be eligible for 100% funding too. The down payment is the difference between the on-road price of the and the amount funded by a lender. This means the minimum possible down payment that you have to pay for Yamaha MT-15 includes the RTO and insurance charges.

What will be the monthly EMI for Yamaha MT-15?

EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for Yamaha MT-15 can be calculated using the following formula:

{P x R x (1+R)^N / [(1+R)^N-1]}

where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.

For Example:- If the principal amount for a bike loan is Rs. ₹1,54,966/- on an annual rate of interest of 10% for a tenure of 3 years then 

EMI = 154966 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 5,557/-

The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10% per annum, then R= 10%/12 = 0.008333.

What will be the interest rate for Yamaha MT-15?

The interest rate for Yamaha MT-15 primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum. Customers can also negotiate with the financier for a better rate of interest against their loan amount.

What will be the EMI for 3 years tenure for Yamaha MT-15?

EMI for Yamaha MT-15 for 3 years tenure can be calculated as per the following formula:-

{P x R x (1+R)^N / [(1+R)^N-1]}

Where, P = Principal amount of the loan, R = Rate of interest, N = Number of monthly installments which will be 36 in case of 3 years tenure.

Yamaha MT-15 User Reviews

4.2/5
Based on34 User Reviews
  • All (34)
  • Looks (13)
  • Power (13)
  • Mileage (12)
  • Comfort (10)
  • Performance (9)
  • Seat (6)
  • Price (6)
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  • Nice bike. Go for it

    Nice bike, good performance. Best in the segment. Power and torque are best in class. Mileage above 40kmpl. Looks.....Read More

    By gyani baba 1m
    On: Oct 15, 2021 | 2112 Views
  • MT Is An Awesome Bike

    MT is an awesome bike with mileage and power but please give dual-channel ABS according to the price. It's a little.....Read More

    By lakhan janghela
    On: Aug 17, 2021 | 4770 Views
  • Superb, It's Really Good

    Look like Bumblebee. It is better. The lights are looking so good.

    By goutam sutradhar
    On: Aug 14, 2021 | 176 Views
  • Always Cool

    I love this bike. It has great looks and very stylish.

    By rupesh
    On: Feb 07, 2021 | 419 Views
  • Yamaha Bikes are Best

    I am using Yamaha MT-15 and I am very happy with its performance. This bike comes with dual-channel ABS and dual disc.....Read More

    By naman
    On: Jan 26, 2021 | 10535 Views
  • View All Yamaha MT-15 Reviews

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MT-15 Running Cost

KM driven per day20 km/day
Monthly fuel costRs.0* / month
Disclaimer :

Disclaimer : As per the information entered by you the calculation is performed by EMI Calculator and the amount of installments does not includes any other fees charged by the financial institution / banks like processing fee, file charges, etc. The amount is in Indian Rupee rounded off to the nearest Rupee. Depending upon type and use of vehicle, regional lender requirements and the strength of your credit, actual down payment and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.

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