i need to make a VPN between mikrotik & cisco router(other end). which one will be easy & better for me, ipip,pptp, l2tp or pppoe????

You can setup very easy IPIP vpn connection, also there is an example if you want to use dynamic routing:

http://wiki.mikrotik.com/wiki/IPSec_VPN ... _and_Cisco

regards

faton

Thnxs for link.
do i need to configure any NAT rules????

MY
wan ip xxxxxx
remote ip: yyyyyy
tunel ip: 10.0.0.1/30
lan ip:192.168.11.1/28

i m trying to go outside from lan, But i failed.

Probably you need NAT for your LAN to reach the Internet, but just exclude the VPN traffic from the NAT rules.

Regards.

Faton

i failed to setup VPN.. Can u plz help me in this below scanario.

Mikrotik:

/ interface ipip
add name="Tunnel1" mtu=1480 local-address=xxxxx remote-address= yyyyy

/ ip address
add address=xxxxxxx/24 interterface=WAN
add address=192.168.1.1/28 interface=LAN
add address=10.0.0.1/30 interface=Tunnel1

default route dst address =0000/0 gateway= xxxxx

DO I NEED to ADD any static route??
if i need then what will be the gateway, is this will be the tunnel ip???

DO I NEED to any NAT rules?? i tried with src-nat out interface= wan & Masquarade. also tried with dst-nat. here i gave dst-address is other wan address=yyyyy
But i failed...
Can u plz describe me?????

yes, you need static route of each local subnet via tunnel interfaces.

regards.

faton