Yamaha is one of those brands that have attracted the youth ever since the beginning. The brand stands out from the rest of its competitors in many ways but reliability in its design is one of the most notable ones. Yamaha’s R15 series is one of the most popular launches that the company has ever seen.
However, the latest Yamaha R15M addition to the R15 series has made things more interesting. The sporty new bike is now available on loan/finance and here is how you can opt for those options if you are financially troubled at the moment.
Yamaha R15M 2024 Specification
Just as stunning as the new model looks, Yamaha had made sure not to compromise on the specifications of the R15M. Let us have a look at the specifications that this new addition from the R15 series is bringing onto the table.
- Engine type: Liquid-cooled, 4-stroke, SOHC, 4-valve
- Displacement: 155 cc
- Bore & Stroke: 58.0 mm x 58.7 mm
- Compression ratio: 11.6:1
- Max HorsePower: 13.5kW(18.4PS)/10000 RPM
- E20 Compatible: Yes
- Starting system type: Electric starter
- Transmission type: Constant mesh, 6-speed
- Clutch type: Wet, multiple-disc
- Fuel system: Fuel injection
- Max torque: 14.2 Nm (1.4 kgfm) @7,500 RPM
- Overall length: 1,990 mm
- Overall width: 725 mm
- Overall height: 1,135 mm
- Seat height: 815 mm
- Wheel base: 1,325 mm
- Minimum ground clearance: 170 mm
- Kerb Weight: 141 kg
- Fuel tank capacity: 11 L
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Yamaha R15M 2024 EMI Installment & Tenure
Showrooms will allow customers to make their purchase through EMI or Finance. But, there is a certain process to opt for this option. Customers would have to submit certain documents and go through a certain process before they can take home the bike. The showroom employees may ask you for your bank details, your bank passbook photocopy for the past six months in case you are a salaried person. If you are a business owner then you will be asked to show your ITR.
The price of the bike is INR 1,98,300 and the rate of interest per annum is at 8%(depending on your CIBIL score) then the total payable interest would be INR 45,806. The addition of both would be INR 2,44,105 which is the total amount that you will have to finance/EMI. If you want to pay the amount in 3 years then you would have to pay INR 6,260 EMI per month. Lesser the time taken for the amount to be paid off more will be the EMI amount and vice versa. Please note that you may be charged some amount as processing fees.
You will be then given the EMI installment option and its tenure. Do check the rate of interest that is being charged and all other important details. You can choose the tenure that you will have to pay within and every month a certain amount from your bank account would get deducted automatically. Check with the showroom officials to get the exact amount details as per your tenure choice.
Yamaha R15M 2024 On Road Cash Price
The ex-showroom price is priced at around 1,96,200 and the on-road price is INR 2,23,800. The on-road price may differ from one state to another due to differences in RTO and insurance charges.
Yamaha R15M 2024 Mileage
The mileage that could be expected from this sporty bike is around 55.20 kmpl. This is the city mileage while the highway mileage could be around 60.56 kmpl. The mileage depends on where you are riding and there are certain tips to improve bike mileage as well.
Yamaha R15M 2024 Alternative
There are many competitors in the market today and similar is the case with the Yamaha R15 series as well. There are many models that you can go for in case you are not interested in the latest model from Yamaha R15 series. This model was definitely a good choice but since you have the freedom to choose then you may have a look at some of the alternatives of the Yamaha R15M 2024.
- KTM Duke 200
- Hero Karizma XMR
- Bajaj Pulsar RS 200
- Bajaj Dominar 250
- Suzuki Gixxer 250