# Yamaha Ray ZR 125 — Price in India 2026 > Yamaha Ray ZR 125 ex-showroom price: ₹76,887. Source: https://indianautoforum.com/bikes/yamaha/ray-zr-125/price The Yamaha Ray ZR 125 Fi Hybrid is priced from Rs 76,960 (Drum, ex-showroom Delhi) to Rs 89,760 (Street Rally, ex-showroom Delhi). In May 2026, Yamaha revised prices upward by Rs 2,200 across all variants citing increased material costs. Even post-revision, the Ray ZR remains one of the more affordable options in the 125cc hybrid scooter space - the Honda Activa 125 opens above Rs 96,000 and the Suzuki Access 125 starts at Rs 82,000. All variant ex-showroom prices (Delhi, June 2026): - Drum: Rs 76,960 - Disc Metallic Black: Rs 83,760 - Disc Silver White Cocktail: Rs 83,760 - Disc Racing Blue: Rs 84,660 - Disc Dark Matte Blue: Rs 84,660 - Street Rally: Rs 89,760 On-road prices add road tax (approximately 10-11% in Delhi), third-party insurance, own-damage insurance, and dealer handling charges of around Rs 3,500. Starting on-road prices (Drum variant) by city: - Delhi: Rs 89,126 - Mumbai: Rs 93,005 - Bangalore: Rs 94,373 - Hyderabad: Rs 94,597 - Chennai: Rs 92,285 For EMI buyers, a 20% down payment (~Rs 17,900) at 10.5% interest over 36 months works out to approximately Rs 2,159/month for the Drum variant. Moving to the Disc Metallic Black adds around Rs 180/month to that figure. ## Variant-wise Ex-showroom Price | Variant | Price | |---------|-------| | Ray ZR 125 Drum - Hybrid | ₹ 78,919 | | Ray ZR 125 Disc Hybrid | ₹ 85,726 | | Ray ZR 125 Disc - Racing Blue and Dark Matte Blue | ₹ 86,626 | | Ray ZR 125 Street Rally - Hybrid | ₹ 91,306 | Note: Prices are ex-showroom. On-road price varies by city (RTO charges, insurance, etc.). Yamaha revises prices 1-2 times per year and rarely reverses them - waiting for a price cut is not a reliable strategy. Dealership negotiation is limited on Yamaha scooters, typically amounting to Rs 1,000-2,000 off accessories or a free first-service coupon. Corporate discounts and exchange bonuses can bring the effective on-road price down by Rs 3,000-5,000 depending on the dealer. Some states apply reduced road tax for hybrid-category two-wheelers - check with your local RTO, as this could save Rs 2,000-4,000 at registration. ## FAQs **What is the on-road price of the Yamaha Ray ZR 125 in Delhi?** The on-road price of the Yamaha Ray ZR 125 Drum (base variant) in Delhi is approximately Rs 89,126. This includes the ex-showroom price of Rs 76,960, Delhi road tax at around 10%, first-year insurance, and dealer handling charges of Rs 3,500. The Street Rally variant reaches around Rs 1,04,000 on-road in Delhi. **What is the on-road price of the Yamaha Ray ZR 125 in Mumbai and Bangalore?** The on-road price of the Yamaha Ray ZR 125 Drum variant starts at approximately Rs 93,005 in Mumbai and Rs 94,373 in Bangalore. The higher on-road prices in these cities compared to Delhi reflect different state road tax rates. Hyderabad (Rs 94,597) and Chennai (Rs 92,285) are the other major metro reference points. **What are the RTO and insurance charges for the Yamaha Ray ZR 125?** Road tax (RTO) for the Yamaha Ray ZR 125 varies by state - approximately 10-11% of ex-showroom in Delhi, and higher in states like Karnataka and Telangana (12-13%). Third-party insurance is mandatory and costs around Rs 714 per year at IRDAI-fixed rates. First-year own-damage insurance adds Rs 1,500-2,500 depending on the insurer and variant. **Has the price of Yamaha Ray ZR 125 changed recently?** Yes - in May 2026, Yamaha increased the RayZR 125 range prices by Rs 2,200 across all variants, citing increased material and production costs. Before that, the 2025 lineup launched in August 2025 at prices starting from Rs 79,340 for the Drum. The current starting price of Rs 76,960 (ex-showroom Delhi) reflects post-launch market pricing. ## More - [Overview](/bikes/yamaha/ray-zr-125) - [Variants & Specs](/bikes/yamaha/ray-zr-125/variants) - [Full Specifications](/bikes/yamaha/ray-zr-125/specifications)