Finance
Vehicle Loan
Starting @ 8.25% p.a. • Instant Pre-approval
Low interest rates with up to 100% on-road financing and flexible tenure up to 7 years with quick disbursals.
• Zero Foreclosure Fee• Paperless Process
Yamaha R15M ex showroom price as of October,2026 in Panvel starts from ₹1.9 L. The on-road price of Yamaha R15M in Panvel is ₹2.25 L. Yamaha R15M is currently available in 1 variant. The table below provides ex showroom price, on road price and EMI in Panvel for all variants. Please note that the on road price may vary depending on the state and city. Buyers considering Yamaha R15M can also compare prices, features and specifications with Hero Xtreme 250R, Hero Karizma XMR, Suzuki Gixxer SF 250.
| Yamaha R15M Variant Name | Ex-showroom Price in Panvel | On-road Price in Panvel | Estimated EMI in Panvel |
|---|---|---|---|
| R15M | ₹1.90 L | ₹2.25 L | ₹6,477/mo |
Yamaha R15M ex-showroom price ranges from ₹1.9 L.
Disclaimer: On-road price may vary by location. Please confirm the final price with the dealer.
On-road price in Panvel
₹2,24,655
Ex-Showroom
₹1,89,520
RTO
₹20,847
Insurance
₹12,788
Hypothecation
₹1,500
Get EMI: ₹6,477/mo
Calculate EMIGet EMI: ₹6,185/mo
Get EMI: ₹6,185/mo
Get EMI: ₹6,352/mo
Get EMI: ₹6,477/mo
Get EMI: ₹6,268/mo
Vehicle Registration Information
RTO CODE
MH-46
Vehicle registration code
AUTHORITY
RTO-Panvel
Registration authority
LOCATION
Panvel
Maharashtra
IMPORTANT INFORMATION
If your Aadhar Card, Family ID, Voter ID, or address proof shows a Panvel address, your new vehicle registration (Cars, Bikes and Scooty, or Tractor) will be processed under MH-46.
The applicable RTA/registration code depends on your residential address and registration jurisdiction — not simply the location of the dealership.
REAL-LIFE SCENARIO
Purchasing from a dealer outside Panvel? If you live in Panvel, your vehicle will still be registered as MH-46.
BEFORE ACCEPTING DELIVERY
Carefully verify the name, address, vehicle model, variant, chassis number, invoice details and insurance information. Ask the dealer to correct any errors before completing the delivery or registration process.
REGISTRATION AUTHORITY
Panvel, vehicle (Cars, Bikes and Scooty, or Tractor) registration code is MH-46 for Private vehicles with a white number plate.
RTO Code
Represents Panvel registration jurisdiction.
Series
The applicable registration series.
Vehicle Number
Unique number from 0001–9999.
DELIVERY CHECKLIST
At the time of Yamaha R15M delivery, make sure to collect invoice(Xerox), insurance policy, Form 21(Sale Certificate), Form 22 (Road Worthiness Certificate), a copy of Form 20 and temporary registration Certificate. It is advisable to keep 2-3 copies of these documents especially for registration, insurance and finance related requirements.
COMMERCIAL VEHICLE USE
If you want to use your car, bike, or tractor for commercial work such as taxi or transport services, you must get a Commercial Registration (Yellow Number Plate) from the RTA.
RTO REGISTRATION
RTO
MH-46
RTO CODE
MH-46
Registration code
LOCATION
Panvel
Maharashtra
REGISTRATION AUTHORITY
Panvel vehicle (Cars, Bikes and Scooty, or Tractor) registration code is MH-46 for Private vehicles with a white number plate.
Panvel RTA Code (represents Maharashtra state and Panvel city)
Vehicle Registration Series
Unique Vehicle number (0001–9999)
IMPORTANT RULE
If your Aadhar Card, Family ID, Voter ID, or address proof shows a Panvel address, your new vehicle registration will be processed under MH-46.
Remember
The RTA code depends on your residential address and registration jurisdiction — not simply the dealership location.
REAL-LIFE SCENARIO
Purchasing your vehicle from a dealer outside Panvel does not automatically change your registration jurisdiction.
If you live in Panvel, your vehicle will still be registered as MH-46.
DELIVERY CHECK
At the time of Yamaha R15M delivery, make sure to collect invoice (Xerox), insurance policy, Form 21(Sale Certificate), Form 22 (Road Worthiness Certificate), a copy of Form 20 and temporary registration Certificate. It is advisable to keep 2-3 copies of these documents especially for registration, insurance and finance related requirements.
COMMERCIAL USE
If you want to use your car, bike, or tractor for commercial work such as taxi or transport services, you must get a Commercial Registration with a Yellow Number Plate from the RTA.
OFFICE ADDRESS
Central Facility Building, 2nd Floor, Kalamboli, Taluka Panvel, District Raigad, Maharashtra – 410218
The RTO-Panvel registration authority provides vehicle-related services through the e-Disha Centre. Online VAHAN services can also be used for registration, fee payment and application status tracking.
Check your registration jurisdiction before completing vehicle delivery formalities.
Explore trusted vehicle information, ownership resources, expert guides, and essential services for a smoother vehicle journey.