Tap to zoomKeeway SR125
Keeway · Motorcycle
SR125 On Road Price in Mumbai
₹ 1,24,992ex-showroom · last updated 2026
- Engine
- 125cc
- Power
- 9.56bhp
- Weight
- 120kg
03 / On-Road Price
Keeway SR125 On-Road Price in Mumbai, Maharashtra
The on-road price of Keeway SR125 in Mumbai, Maharashtra is ₹1,49,654 for 2026. This is the total amount you pay at the dealership to drive the bike out - it's made up of several components that are fixed by the state government and insurance regulations.
Full On-Road Price Breakdown for Mumbai:
| Cost Component | Amount |
|---|---|
| Ex-Showroom Price | ₹1,24,992 |
| Road Tax (RTO) @ 11% | ₹13,749 |
| Third-Party Insurance | ₹3,851 |
| Own-Damage Insurance | ₹3,562 |
| Total Insurance | ₹7,413 |
| Dealer / Handling Charges | ₹3,500 |
| Total On-Road Price | ₹1,49,654 |
The ex-showroom price of ₹1,24,992 is standard across India. What changes by city is the road tax (RTO) - Maharashtra charges 11% on the ex-showroom price for vehicles in the 125 cc category. States like Karnataka have among the higher road tax rates in the country, which is why Bangalore on-road prices are noticeably higher than Delhi or Mumbai.
Insurance is mandatory at purchase. The third-party (TP) premium is fixed by IRDAI regardless of insurer. Own-damage (OD) insurance is optional but strongly recommended - without it, any accidental damage to your bike is fully out-of-pocket. Dealer handling or documentation charges are typically fixed at Rs 3,500 across most Keeway dealerships in Mumbai.
The Keeway SR125 is a single-variant bike - there are no lower-priced trims to negotiate down to. The on-road price of ₹1,49,654 in Mumbai is what you're working with. EMI options are available, with monthly payments starting around Rs 4,100-4,600 depending on loan tenure and your lender's interest rate.
On-Road Price in Mumbai
Maharashtra — based on base variant (ex-showroom)
| Ex-Showroom Price | ₹1,24,992 |
| Road Tax (11%) | ₹13,749 |
| InsuranceThird Party (5yr): ₹3,851 | Own Damage (1yr): ₹3,562 | ₹7,413 |
| Other ChargesHandling, smart card, number plate | ₹3,500 |
| On-Road Price | ₹1,49,654 |
Maharashtra levies 11% road tax on two-wheelers, calculated on the ex-showroom price. The fee is paid once at the Regional Transport Office (RTO) during registration. Maharashtra has a dense dealer network, and on-road prices are consistent across Mumbai, Pune, Nagpur, and other cities in the state.
| Variant | Ex-Showroom | On-Road (Mumbai) |
|---|---|---|
| Standard | ₹ 1,24,992 | ₹1,49,654 |
* On-road prices are indicative. Includes road tax at 11%, 5-year third-party insurance, 1-year own-damage insurance, and other charges. Actual prices may vary by dealer.
When buying the Keeway SR125 in Mumbai, ask your dealer to itemise the on-road price quote in writing before you sign anything. Specifically confirm: (1) the RTO amount at 11%, (2) the insurance breakdown between TP and OD, and (3) what's included in the Rs 3,500 handling fee. Some dealers bundle optional accessories (seat covers, grip tape, tank pads) into the quote to inflate the number - you can decline these.
If you're comparing against rivals on on-road price in Maharashtra, the Honda SP125 and TVS Raider 125 will be cheaper on-road due to their lower ex-showroom prices. The Keeway SR125 at ₹1,49,654 in Mumbai is a premium within the 125cc segment - it's justified primarily by the dual disc brake setup and retro design that no direct rival offers at this price.