Price for Yamaha R15, MT-15 and Others Slashed Massively after GST 2.0 Price List
I’ts pounding hard all over the two-wheeler market in India as Yamaha Motor India Pvt Ltd has here announced big price drops on many of its top models, motorcycles and the scooters too. The change comes after the GST Council had reduced the Goods and Services Tax on two-wheelers up to 350 cc from 28% to 18% with effect from September 22, 2025.
Yamaha rest of the tax benefits to its customers. Customers of models including the Yamaha R15, MT-15, FZ-S, FZ-X, Aerox 155, Fascino and RayZR can save up to ₹7,500- ₹17,500 on every variant.
The Largest Sale In Years For Yamaha
This is the biggest blanket price-cut by Yamaha in the last 10 years. The premium sports bike R15 V4 gets the highest price reduction of ₹17,581, while the streetfighter MT-15 is more affordable by ₹14,964. Scooters like the Fascino 125 and RayZR 125, on the other hand, get discounts in the range of ₹7,700 to ₹8,500.
Industry experts say the move will have a direct impact on festive season demand from urban and semi-urban markets, where Yamaha is a dominant player.
New Prices After GST Cut (Model Wise)
Yamaha Model Old Price (₹) New Price (₹) Savings (₹)
Old price. New price. Cut GST
Yamaha R15 V4 2,12,020. 1,94,439 17,581
Yamaha MT-15 V2 1,80,500 1,65,536. 14,964
FZ-S Fi Hybrid 1,45,190. 1,33,159 12,031
FZ-X Hybrid 1,49,990. 1,37,560 12,430
Aerox 155 (Version S) 1,53,8901,41,137. 12,753
Fascino 125 Fi Hybrid 1,02,790. 94,281. 8,509
RayZR 125 Fi Hybrid 93,760. 86,001. 7,759
All prices are ex-showroom Delhi.
Yamaha’s Response to the Reduction in Price
Itaru Otani, Chairman, Yamaha Motor India Group, said,
“We are pleased with the GST Council decision to cut tax on two-wheelers up to 350 cc. This would bring down the cost of two-wheelers to the customers and would increase demand during this festive." Yamaha is delighted to share this industry-first offer to our customers in India.
This points to Yamaha's purpose of not just being a contestant in the market but also to consolidate the brand's vision to put performance machines and stylish scooters within easy reach of its customers in India.
What the GST Cut Really Means for You as a Customer
Motorcycles are one of the most preferred mode of transportation in India, especially in tier-2 and tier-3 cities. High taxes had been an obstacle to affordability for a long time. Now, with GST being cut down to 18 per cent, customers will see real fall in showroom prices and buying motorcycles and scooters will become that little bit more affordable.
The sports bike section has never looked so good with the R15 and MT-15 now being in the reach of younger buyers.
The commuter segment, too, gains as a result -- vehicles like the FZ-S and the FZ-X are more affordable.
The scooter space is more family- and working professional-oriented led by products such Fascino and RayZR which is glitzy and grabs attention.
Festive Season Push
The timing of such a price cut is key. With Navratri and Diwali in sight, the sale of two-wheelers is also expected to rise. With EMI payments shifted to lower, customers can opt for the lowest possible Yamaha Ex-Showroom prices, making it highest number of bookings at Yamaha dealers pan India.
Dealer are also planning to offer once in a blue moon festive discount and exchange bonus over the GST benefits to provide more savings for the customers.
Wider Industry Context
Yamaha is not the only one who is not passing on benefits of GST. Other manufacturers such as Hero MotoCorp and Honda Motorcycle and Scooter India too have announced price reductions of as much as ₹15,000–₹18,000 on an average of their models.
But Yamaha is an exception since all its motorcycle offerings in India are sub 350 cc, and so, all its models will benefit from the tax revision. This consistent cut helps Yamaha slightly with better market positioning in the ongoing festive season.
What Buyers Should Consider
The new fares will be applied from 22 September 2025.
Prices could differ slightly from state to state based on local road tax and RTO charges.
Those who already booked bikes prior to this date may not be offered the revised rate though, unless the dealer also amends the invoicing.
Further on-road price discounts apply for festive season.
FAQs on Yamaha Price Cut
Why have Yamaha lowered bike prices?
GST rate for two-wheelers up to 350 cc has brought down from 28% to 18%. Yamaha has transferred the full benefit to the customers.
Which Yamaha motorcycle sees the largest price reuction?
The Yamaha R15 V4 is now priced at ₹1.94 lakh (ex-showroom Delhi) and is cheaper by ₹17,581.
And what about scooters?
Yes. Scooters such as Fascino 125 and RayZR 125 are now cheaper in the range of ₹7,700–₹8,500.
The new prices are the same nationwide?
Ex-showroom pricing is identical for all three cities, but on-road prices will vary on account of state taxes and registration fees.
Will there be a reduction in the prices for bikes over 350 cc?
No. The GST cut is only valid on models below 350 cc. The high-end bicycles beyond this threshold shall remain under higher GST slabs.
When will the updated prices take effect?
The new charges will be applicable for all journeys from 22nd September 2025. Those who buy after that date will receive the new price automatically.
Final Word
Yamaha price reduction post GST 2.0 – the one important thing that’s happened in India two-wheeler space in 2017: Here’s why.. The offer will see customers benefit up to ₹17,500, and with Yamaha now in the fray, it is expected to result in robust festive season sales and intensify rivalries in between in the premium commuter and sports motorcycle space.
For customers, now is the time to get their hands on the popular Yamaha offerings which includes R15, MT-15, FZ series as well as the family scooters such as Fascino and RayZR. With more affordable pricing, festive promotions and accessible financing, Yamaha is looking to get a bigger slice of India’s rapidly growing two-wheeler industry.
