Yamaha Bikes in India 2026: Price List, R15 V4, MT-15 V2, FZ Series, Aerox & Superbike Guide
Authoritative guide to all Yamaha motorcycles and scooters in India. Compare R15 V4, MT-15 Version 2.0, FZ-S Fi, Aerox 155, YZF-R3, upcoming MT-09 & R9, ARAI mileage, technical specs, and on-road prices.
· 8 Nov 2026, 1:25 PM IST · 6 min read
Overview: Yamaha Motor India Lineup 2026
Yamaha Motor Company occupies a hallowed position in the Indian two-wheeler universe. Revered for its racing DNA forged on MotoGP circuits and legendary platforms like the RX100 and RD350, modern Yamaha in India represents precision engineering, aggressive styling, and cutting-edge engine technology. From the track-dominating Yamaha R15 V4 and hyper-naked MT-15 V2 to the high-efficiency FZ-S Fi and the game-changing Aerox 155 maxi-scooter, the Indian catalog spans 24 exhilarating models across supersport, naked street, neo-retro, maxi-scooter, big-bore superbikes, and next-gen electric platforms. Prices start from an accessible Rs. 79,900 for the Fascino 125 Fi Hybrid up to Rs. 13.00 Lakh for the flagship YZF-R9.
In this comprehensive 2026 buyer's guide, UnWheels breaks down every Yamaha two-wheeler on sale in India, analyzing technical specifications, real-world ARAI fuel efficiency, variant hierarchies, pros and cons, and city-wise estimated on-road prices.
1. Yamaha R15 V4 & R15S – India's Benchmark Track Supersport
The Yamaha R15 V4 stands as the undisputed benchmark for entry-level supersports in India. Built around a race-honed Deltabox frame, the R15 V4 features an inverted upside-down (USD) front fork, dual-channel ABS, standard Traction Control System (TCS), and an optional bi-directional quickshifter on the M-edition.
Key Specifications & Performance
- Engine: 155cc, Single Cylinder, 4-stroke, SOHC, 4-valve Liquid-Cooled with Variable Valve Actuation (VVA)
- Max Power: 18.4 PS (18.1 bhp) @ 10,000 rpm
- Max Torque: 14.2 Nm @ 7,500 rpm
- Transmission: 6-speed manual with Assist & Slipper Clutch
- ARAI Mileage: 45.0 kmpl (Real-world: 40–44 kmpl)
- Braking & Tyres: 282mm Front Disc / 220mm Rear Disc with Dual-Channel ABS; 100/80-17 Front, 140/70-R17 Radial Rear
Variant Pricing (Ex-Showroom)
- R15 V4 Metallic Red: Rs. 1,83,150
- R15 V4 Dark Knight: Rs. 1,84,150
- R15 V4 Racing Blue: Rs. 1,88,150
- R15 V4 Intensity White: Rs. 1,88,150
- R15M (TFT Display & Quickshifter): Rs. 1,97,200
- R15S (Comfortable Unibody Seat): Rs. 1,65,500
Pros & Cons
Pros: Razor-sharp cornering stability, addictive high-revving VVA power surge, superbike M-styling with USD forks and TCS, exceptional 45 kmpl mileage.
Cons: Aggressive clip-on posture causes wrist fatigue in stop-and-go traffic; firm track-tuned suspension over bad potholes.
2. Yamaha MT-15 Version 2.0 – The Urban Hyper-Naked
Inspired by the 'Dark Side of Japan' design language, the Yamaha MT-15 Version 2.0 strips away the fairings of the R15 to create an ultra-agile, upright streetfighter. Powered by the identical 18.4 PS liquid-cooled VVA engine, the MT-15 V2 dominates urban streets with explosive roll-on acceleration and lightweight flickability.
Key Hardware & Highlights
- Suspension: Gold-anodized 37mm Upside Down (USD) telescopic forks with linked rear monocross.
- Electronics: Traction Control System (TCS), Dual-Channel ABS, and Bluetooth Y-Connect smartphone telematics.
- ARAI Fuel Economy: 56.87 kmpl certified efficiency (50–54 kmpl in city traffic).
- Ergonomics: Wide single-piece handlebar providing commanding posture and effortless steering leverage.
Variant Pricing (Ex-Showroom)
- MT-15 V2 Standard (Metallic Black): Rs. 1,68,200
- MT-15 V2 Deluxe (Cyan Storm / Ice Fluo): Rs. 1,73,200
- MT-15 V2 Deluxe (Racing Blue): Rs. 1,74,200
- MT-15 V2 Monster Energy MotoGP Edition: Rs. 1,74,700
3. Yamaha FZ Lineup – The Muscular Commuter Royalty
The Yamaha FZ series revolutionized India's 150cc commuter market in 2008 with its muscular fuel tank, stubby exhaust, and fat 140-section rear radial tyre. Today, the FZ lineup blends iconic muscle with bulletproof Blue Core fuel-injection technology and unprecedented safety features including standard traction control.
FZ Series Comparison
| Model | Engine & Output | Claimed Mileage | Key Features | Ex-Showroom Price |
|---|---|---|---|---|
| FZ-FI V3 | 149cc Air-cooled, 12.4 PS / 13.3 Nm | 49.3 kmpl | Single-Channel ABS, Negative LCD, 140-section Radial Tyre | Rs. 1.17 Lakh |
| FZ-S Fi | 149cc Blue Core, 12.4 PS / 13.3 Nm | 60.0 kmpl | Class-Leading Mileage, Y-Connect Bluetooth, Dual-Tone Alloys | Rs. 1.22 – 1.31 Lakh |
| FZS-FI V4 | 149cc Blue Core, 12.4 PS / 13.3 Nm | 46.0 kmpl | Class-D Bi-Functional LED Headlight, Traction Control, LED Flashers | Rs. 1.30 – 1.32 Lakh |
| FZ X | 149cc Neo-Retro, 12.4 PS / 13.3 Nm | 55.11 kmpl | Scrambler Styling, Fork Gaiters, Block Tyres, USB Phone Charger | Rs. 1.36 – 1.40 Lakh |
4. Yamaha Aerox 155 & Hybrid Scooters
Yamaha has redefined the Indian scooter market by introducing true maxi-sports performance and electrified Smart Motor Generator (SMG) mild-hybrid technology.
Scooter Lineup Highlights
- Yamaha Aerox 155 (Rs. 1.48 – 1.53 Lakh): Powered by the R15's 155cc liquid-cooled VVA engine generating 15 PS. Equipped with 14-inch wheels, traction control, 24.5L storage, external front fuel lid, and Version S Smart Key system.
- Yamaha RayZR 125 Fi Hybrid (Rs. 84,630 – 95,930): India's sharpest street scooter weighing just 99 kg. Its SMG electric hybrid motor provides quick launch assist while delivering an astonishing 71.33 kmpl mileage.
- Yamaha Fascino 125 Fi Hybrid (Rs. 79,900 – 94,530): European retro styling paired with 99 kg featherweight handling, silent starter generator, auto stop-start, and 68.75 kmpl fuel economy.
5. Yamaha Big-Bore & Superbike Roadmap
Yamaha Motor India's premium CBU & CKD portfolio brings international superbikes directly to discerning Indian riders:
- Yamaha YZF-R3 (Rs. 4.65 Lakh): High-revving 321cc parallel-twin DOHC motor making 42 PS at 10,750 rpm, inverted KYB forks, and 180 kmph speed capability.
- Yamaha MT-03 (Rs. 4.60 Lakh): Naked hyper-streetfighter sibling of the R3 with upright ergonomics and menacing robotic predator face.
- Yamaha MT-07 (Rs. 7.50 Lakh Est.): Renowned 689cc CP2 crossplane twin with 73.4 PS and 67 Nm of explosive low-end torque.
- Yamaha MT-09 (Rs. 12.00 Lakh Est.): 890cc CP3 crossplane triple delivering 119 PS, 6-axis IMU, lean-sensitive traction control, and Brembo radial master cylinder.
- Yamaha R7 (Rs. 10.00 Lakh Est.): Narrowest R-series supersport chassis powered by the 73.4 PS CP2 engine, fully adjustable KYB suspension, and radial brakes.
- Yamaha YZF-R9 (Rs. 13.00 Lakh Est.): The next-generation flagship supersport with aerodynamic MotoGP winglets, Brembo Stylema monobloc calipers, and 119 PS triple power.
City-Wise Estimated On-Road Prices (Major Metros)
On-road price estimates include ex-showroom cost, state RTO registration fees, 5-year mandatory insurance, and standard logistics:
| Model & Variant | Delhi | Mumbai | Bengaluru | Chennai |
|---|---|---|---|---|
| Fascino 125 Drum | Rs. 92,500 | Rs. 95,200 | Rs. 1,02,000 | Rs. 94,800 |
| RayZR 125 Disc | Rs. 1,04,500 | Rs. 1,07,800 | Rs. 1,15,500 | Rs. 1,06,900 |
| FZ-S Fi Deluxe | Rs. 1,49,500 | Rs. 1,54,000 | Rs. 1,65,000 | Rs. 1,52,500 |
| Aerox 155 Standard | Rs. 1,71,000 | Rs. 1,76,500 | Rs. 1,89,000 | Rs. 1,74,500 |
| MT-15 V2 Deluxe | Rs. 1,98,000 | Rs. 2,05,000 | Rs. 2,19,000 | Rs. 2,03,000 |
| R15 V4 Racing Blue | Rs. 2,15,000 | Rs. 2,22,500 | Rs. 2,38,000 | Rs. 2,20,500 |
| YZF-R3 Standard | Rs. 5,20,000 | Rs. 5,42,000 | Rs. 5,82,000 | Rs. 5,38,000 |
Frequently Asked Questions (FAQs)
Which Yamaha bike offers the highest mileage in India?
The Yamaha FZ-S Fi is the mileage champion in the motorcycle category with an ARAI-certified fuel economy of 60.0 kmpl. In the scooter category, the RayZR 125 Fi Hybrid achieves an incredible 71.33 kmpl, followed closely by the Fascino 125 at 68.75 kmpl.
What is the difference between Yamaha R15 V4 and R15S?
The R15 V4 features inverted USD front forks, Traction Control System (TCS), optional quickshifter, and aggressive split-seat styling. The R15S is based on the previous generation chassis with standard telescopic forks and features a comfortable single unibody seat designed for daily pillion convenience at a lower price point (Rs. 1.66 Lakh).
Is the Yamaha Aerox 155 practical for daily family commuting?
The Yamaha Aerox 155 offers incredible supersport acceleration (15 PS), big 14-inch alloy wheels, and a generous 24.5-liter underseat boot. However, because it uses an underbone spine chassis, it lacks a traditional flat floorboard for carrying large sacks or gas cylinders.
Does the Yamaha MT-15 V2 have dual-channel ABS?
Yes. The latest Yamaha MT-15 Version 2.0 comes equipped with standard Dual-Channel ABS along with Traction Control System (TCS) and Bluetooth Y-Connect smartphone connectivity.