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Bajaj Riki P40 EV ex showroom price as of October,2026 in Lower Parel starts from ₹1.91 L. The on-road price of Bajaj Riki P40 EV in Lower Parel is ₹1.92 L. Bajaj Riki P40 EV is currently available in 1 variant. The table below provides ex showroom price, on road price and EMI in Lower Parel for all variants. Please note that the on road price may vary depending on the state and city. Buyers considering Bajaj Riki P40 EV can also compare prices, features and specifications with Kinetic Green Safar Smart, Atul Rik Twin, Bajaj Wego P90 EV.
Disclaimer: On-road price may vary by location. Please confirm the final price with the dealer.
On-road price in Lower Parel
₹1,92,390
Ex-Showroom
₹1,90,890
Hypothecation
₹1,500
Get EMI: ₹3,636/mo
Calculate EMIGet EMI: ₹3,636/mo
Get EMI: ₹3,636/mo
Get EMI: ₹3,636/mo
Get EMI: ₹3,636/mo
Get EMI: ₹3,636/mo
Vehicle Registration Information
RTO CODE
MH-01
Vehicle registration code
AUTHORITY
RTA-Mumbai Central
Registration authority
LOCATION
Lower Parel
Maharashtra
IMPORTANT INFORMATION
If your Aadhar Card, Family ID, Voter ID, or address proof shows a Lower Parel address, your new vehicle registration (Commercial Vehicle, Three Wheeler, Construction Equipment, or Bus) will be processed under MH-01.
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 Lower Parel? If you live in Lower Parel, your vehicle will still be registered as MH-01.
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
Lower Parel, vehicle (Commercial Vehicle, Three Wheeler, Construction Equipment, or Bus) registration code is MH-01 for Commercial vehicles with a yellow number plate.
RTO Code
Represents Lower Parel registration jurisdiction.
Series
The applicable registration series.
Vehicle Number
Unique number from 0001–9999.
DELIVERY CHECKLIST
At the time of Bajaj Riki P40 EV 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-01
RTO CODE
MH-01
Registration code
LOCATION
Lower Parel
Maharashtra
REGISTRATION AUTHORITY
Lower Parel vehicle (Commercial Vehicle, Three Wheeler, Construction Equipment, or Bus) registration code is MH-01 for Commercial vehicles with a yellow number plate.
Lower Parel RTA Code (represents Maharashtra state and Lower Parel city)
Vehicle Registration Series
Unique Vehicle number (0001–9999)
IMPORTANT RULE
If your Aadhar Card, Family ID, Voter ID, or address proof shows a Lower Parel address, your new vehicle registration will be processed under MH-01.
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 Lower Parel does not automatically change your registration jurisdiction.
If you live in Lower Parel, your vehicle will still be registered as MH-01.
DELIVERY CHECK
At the time of Bajaj Riki P40 EV 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
Lower Parel does not have a separate RTA Office. Vehicle registration for commercial vehicles, trucks, and buses in Lower Parel is handled by RTA-Mumbai Central.
The Regional Transport Office, Mumbai Central, Maharashtra
The RTA-Mumbai Central 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.
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