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Royal Enfield Meteor 350 vs Yamaha MT-15 V2in Nepal — price & specs compared

Ex-showroom, KathmanduPrices verified 08 Aug 2026Comparing Fireball Orange vs MT-15 V2 variants
The short answer

Yamaha MT-15 V2 costs रु 7,100 less ex-showroom. Meteor 350 has 1.6 PS more power.

Choose the Royal Enfield Meteor 350 if
Meteor 350 has 1.6 PS more power.

Fireball offers the core Meteor 350 package with attractive colours at the lowest expected price bracket in Nepal. Best suited to riders wanting an accessible, stylish cruiser with modern basics but without premium cosmetic extras.

Pros
Comfortable low seat and relaxed ergonomics ideal for city and highway use.
Fuel-efficient 349cc engine with strong low-end torque for Nepali traffic and hills.
Dual-channel ABS and all-disc brakes improve safety over many budget cruisers.
Tubeless alloy wheels reduce puncture hassles on rough roads.
Cons
Exact Nepal price and official mileage figures not clearly published.
No advanced electronics like traction control or riding modes.
Limited practical storage; needs aftermarket luggage for touring.
Halogen headlamp instead of full-LED setup many rivals now offer.
As of 26 Jul 2026
Choose the Yamaha MT-15 V2 if
Yamaha MT-15 V2 costs रु 7,100 less ex-showroom.
14 rows compared
Royal Enfield Meteor 350 price in Nepal
Royal Enfield
रु 5,77,000
Yamaha MT-15 V2 price in Nepal
Yamaha
रु 5,69,900Lowest price
💰Price & availabilityEx-showroom
Ex-showroom price
रु 5,77,000
रु 5,69,900Cheapest
Range, all variants
रु 5,77,000 – रु 5,97,000
रु 5,69,900
Variants on sale
7
1
Fuel
petrol
petrol
Distributor
Alpha Automotive Pvt. Ltd. (Royal Enfield Nepal)
MAW Rides Pvt. Ltd. (Yamaha Nepal)
🎁Current offersDealer offers on the selected variant
Offers
cash
No officially published cash discount or festival offer details found for Meteor 350 Fireball in Nepal.
2 offers on other variants
No offer on this variant
⚙️Engine, power & drivetrainVerified spec data
Engine capacity
Not disclosed
155 cc
Max power
20.2 PS+1.6 PS
18.6 PS
Max torque
27 Nm
Not disclosed
📐Size & practicalityVerified spec data
Length
2,140 mm
Not disclosed
Height
1,140 mm
Not disclosed
Wheelbase
1,400 mm
Not disclosed
Ground clearance
170 mm
170 mm
🔧After-sales reachCounted from distributor listings
Showrooms in Nepal
28
133Better
Service centres
22
56Better
1 category hiddenBattery & Range does not apply to these two petrol models.
📋Other verified detailsAs researched, per category
🛋️Comfort & Interior
·Low, wide seat and cushioned backrest
·Adjustable brake and clutch levers
·Front suspension: Telescopic, 41mm forks, 130mm travel
·Rear suspension: Twin tube Emulsion shock absorbers with 6-step adjustable preload
As of 04 Aug 2026
·Uni-level seat with grab bar
·Gear Position Indicator equipped
·Shift timing light equipped
·Side stand engine cut-off switch equipped
As of 30 Jul 2026
📱Infotainment & Convenience
·Digi-analogue instrument cluster with Royal Enfield Tripper Navigation System
·LCD speedometer
·Type-C USB fast-charging port, PD 27W
As of 04 Aug 2026
·Clock: Digital
·Y-Connect App (Smartphone Bluetooth Connectivity) equipped
·Speedometer: Digital
·Tachometer: Digital
·Fuel gauge: Digital
·Fuel consumption indicator equipped
·Call Alert
·SMS & Email notification
·Fuel Consumption Tracker
·Last Parking Location
·Revs Dashboard
·App Connectivity Status
·Phone Battery Level Status
·Maintenance Recommendations
·Malfunction Notification
·Ranking
As of 30 Jul 2026
🛡️Safety
·ABS: Dual Channel
·Brakes Front: 300 mm disc with twin piston floating caliper
·Brakes Rear: 270 mm disc, single piston floating caliper
·Tyres Fr.: Spokes Wheel / Alloy Wheel - 100/90-19" - 57P
·Tyres Rr.: Spokes Wheel / Alloy Wheel - 140/70-17-66P
As of 04 Aug 2026
·Traction Control System equipped
·Dual Channel ABS equipped
·Front Brake type: Disc Brake
·Rear Brake type: Disc Brake
·Bosch Anti-Lock Braking System (ABS) equipped
As of 30 Jul 2026
Design & Exterior
·Twin Downtube Spine Frame
·LED headlamp
·LED indicators
·Head Lamp: 12V LED, 22.5 W / 15.6 W
·Tail Lamp: 12V, LED type - 2.4/1.2W
·Turn Signal Lamp: 12V LED, 1.7 W * 2 nos
·Alloy wheels with tubeless tyres
·Colour: Fireball Orange
As of 04 Aug 2026
·Bi-functional Class (I) LED headlight
·Raised LED tail light
·Aluminium swingarm
·LED Flashers
·Deltabox Frame
·Upside Down Front Forks
·Colour variants: Cyan Storm, Ice Fluo-Vermillion, Metallic Black - DLX
·Tyre size (Front): 100/80-17M/C 52P
·Tyre size (Rear): 140/70R-17M/C 66H
·Tyre type: Tubeless
·Suspension type (Front): Telescopic Upside Down
·Suspension type (Rear): Front Fork
As of 30 Jul 2026
📊Sales & Imports
·Imported to Nepal as CKD/CBU similar to India-spec
·Available through official Royal Enfield Nepal network
As of 26 Jul 2026
Not disclosed

Every variant, priced

Ex-showroom by trim — pick one to load it into the columns above.

Royal Enfield Meteor 350
Yamaha MT-15 V2

What each one really costs you

From our tax and EMI tools — bagmati province rates, 3-year loan at 7.5% with 40% down.

Ex-showroom
रु 5,77,000
रु 5,69,900
Road tax + registration
≈ रु 12,300
≈ रु 6,800
Third-party insurance
≈ रु 2,157
≈ रु 1,931
Estimated on-road
≈ रु 5,91,457
≈ रु 5,78,631
EMI / month
≈ रु 10,769 · 3 yr @ 7.5%
≈ रु 10,636 · 3 yr @ 7.5%

Estimates, not quotes. Road tax follows the published provincial schedule; insurance is the third-party tariff. Confirm with the dealer and insurer.

Royal Enfield Meteor 350 full detailsYamaha MT-15 V2 full detailsEMI calculatorInsurance costOn-road price

Royal Enfield Meteor 350 vs Yamaha MT-15 V2 — questions buyers ask

Which is cheaper in Nepal — Royal Enfield Meteor 350 or Yamaha MT-15 V2?

As of August 2026, the Yamaha MT-15 V2 starts at Rs 5.7 lakh ex-showroom — Rs 0.07 lakh less than the Royal Enfield Meteor 350 at Rs 5.77 lakh.

What is the price of the Royal Enfield Meteor 350 and Yamaha MT-15 V2 in Nepal?

The Royal Enfield Meteor 350 costs Rs 5.77 lakh to Rs 5.97 lakh and the Yamaha MT-15 V2 costs Rs 5.7 lakh (ex-showroom, August 2026).

Should I buy the Royal Enfield Meteor 350 or the Yamaha MT-15 V2?

Weigh the current prices, the variant-wise specifications on this page, and each brand's showroom and service reach near you. There is no single winner — the side-by-side table shows exactly where each bike is ahead.

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