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Price BreakDown

On-Road Price
₹ 3.58 Lakh
*Ex-Showroom Price
₹ 3.3 Lakh
Road Tax
₹ 23,072
Insurance
₹ 5,449

Yamaha MT-03 Price By Base & Top Model

  • PETROL
Ex-Showroom Price₹ 3.3 Lakh
RTO₹ 13,184
Insurance₹ 5,449
On-Road Price in Mumbai₹ 3.48 Lakh
Ex-Showroom Price₹ 3.3 Lakh
RTO₹ 13,184
Insurance₹ 5,449
On-Road Price in Mumbai₹ 3.48 Lakh

Yamaha MT-03 On-Road Price in Mumbai By Variants

Variants
*Ex-Showroom Price
Compare
STD
Petrol, 0.00 KM/L
Starts at
₹ 3.3 Lakh

Calculate EMI Cost of MT-03

Calculate the EMI cost of owing a Yamaha MT-03 in Mumbai based on your loan amount, tenure and interest rate.
₹0₹ 3.30 Lakh
051015202530
012243648607284
*Ex-Showroom Price
₹ 3.30 Lakh
Principal Amount
₹ 3.30 Lakh
Interest Amount
₹ 61,681
Monthly EMI
₹10,869

Get On Road Price Calculator

Find *Ex-Showroom, RTO, insurance and the full on-road price by selecting make, model and city.

MT-03 Prices in Nearby Cities Around Mumbai

Valsad₹ 3.55 Lakh
Nashik₹ 3.58 Lakh
Pune₹ 3.58 Lakh
Satara₹ 3.58 Lakh
Thane₹ 3.58 Lakh
Raigarh(MH)₹ 3.58 Lakh

User Reviews of Yamaha MT-03

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Popular Bikes of Yamaha

Popular Yamaha Bikes
  • Yamaha YZF R3
    Yamaha YZF R3
    +1 Variants
    • fuel icon
      Petrol
    • mileage icon
      25 KM/L
    • bodytype icon
      Sports
    * Ex-Showroom
    ₹ 3.51 L
    EMI starts at
    ₹ 11,559
  • Yamaha YZF R15S
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    • fuel icon
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      42 KM/L
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    ₹ 1.54 L
    EMI starts at
    ₹ 5,075
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    ₹ 1.35 - 1.36 L
    EMI starts at
    ₹ 4,463
  • Yamaha FZ V3.0 FI
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    ₹ 1.13 L
    EMI starts at
    ₹ 3,710
  • Yamaha FZ S V3.0 FI
    Yamaha FZ S V3.0 FI
    +2 Variants
    • fuel icon
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      49 KM/L
    • bodytype icon
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    * Ex-Showroom
    ₹ 1.13 - 1.16 L
    EMI starts at
    ₹ 3,732

Price of Yamaha MT-03 Alternatives in Mumbai

  • KTM 390 Duke
    KTM bikeKTM 390 Duke
    +1 Variants
    • fuel icon
      Petrol
    • mileage icon
      35 KM/L
    • bodytype icon
      Sports
    * Ex-Showroom
    ₹ 3.33 L
    EMI starts at
    ₹ 10,985
  • Kawasaki Ninja 300
    Kawasaki bikeKawasaki Ninja 300
    +1 Variants
    • fuel icon
      Petrol
    • mileage icon
      26 KM/L
    • bodytype icon
      Sports
    * Ex-Showroom
    ₹ 3.17 L
    EMI starts at
    ₹ 10,453
  • QJ Motor SRV 300
    QJ Motor bikeQJ Motor SRV 300
    +1 Variants
    • fuel icon
      Petrol
    • bodytype icon
      Sports
    • cc icon
      296.0 CC
    * Ex-Showroom
    ₹ 3.11 L
    EMI starts at
    ₹ 10,247
  • Kawasaki 2025 Versys-X 300
    Kawasaki bikeKawasaki 2025 Versys-X 300
    +1 Variants
    • fuel icon
      Petrol
    • bodytype icon
      Sports
    • cc icon
      296.0 CC
    * Ex-Showroom
    ₹ 3.49 L
    EMI starts at
    ₹ 11,509
  • Yamaha YZF R3
    Yamaha bikeYamaha YZF R3
    +1 Variants
    • fuel icon
      Petrol
    • mileage icon
      25 KM/L
    • bodytype icon
      Sports
    * Ex-Showroom
    ₹ 3.51 L
    EMI starts at
    ₹ 11,559

Compare with Yamaha MT-03 Alternatives

  • Bajaj Pulsar N160
    Bajaj Pulsar NS160
    Rating Icon
    8.1/10
    VS
    Bajaj
    Pulsar N160
    * Ex-Showroom Price
    ₹ 1.13 - 1.26 L
    Bajaj
    Pulsar NS160
    * Ex-Showroom Price
    ₹ 1.35 - 1.71 L
    Pulsar N160 vs Pulsar NS160

Yamaha MT-03 News & Reviews

  • NewsNews
  • Expert ReviewExpert Review
  • 2019 Yamaha MT-03 Unveiled At Bangkok Motor Show
    car&bike Team | Apr 8, 2019
    2019 Yamaha MT-03 Unveiled At Bangkok Motor Show
    Yamaha Motor has pulled the wraps off the 2019 MT-03 street-fighter motorcycle at the Bangkok Motor Show in Thailand. The updated offering is based on the YZF-R3 sharing the engine, chassis and several cycle parts but does get changes to match a naked motorcycle's mannerisms. For 2019, the updated Yamaha MT-03 gets a new white and red paint scheme in addition to the existing colour options available. Visually, styling changes are minimal and the bike carries over the design language from the older model.
    1 min
  • Yamaha MT-03 Real World Review: In Pictures
    Kingshuk Dutta | May 23, 2024
    Yamaha MT-03 Real World Review: In Pictures
    The Yamaha MT-03 is a genuinely good product and is a great tool for riding daily. The only thing holding it back is its pricing.
    1 min
  • Yamaha MT-03 Real World Review: Great Biking Experience At An Even Greater Price
    Kingshuk Dutta | May 21, 2024
    Yamaha MT-03 Real World Review: Great Biking Experience At An Even Greater Price
    The Yamaha MT-03 is a genuinely good product and is a great tool for riding daily. The only thing holding it back is its pricing.
    6 mins
  • 2023 Yamaha MT-03 Track Review: Fun & Forgiving, But Is It Worth It?
    Preetam Bora | Dec 20, 2023
    2023 Yamaha MT-03 Track Review: Fun & Forgiving, But Is It Worth It?
    The Yamaha MT-03 is the naked version of the R3, and as we found out, it’s fun, forgiving and comfortable. All great qualities but is it worth its Rs. 4.60 lakh price tag?
    6 mins

Yamaha Bike Dealers in Mumbai

View Yamaha Bike Dealers in Mumbai
Automax Automotive
Shop No A3, Tulsi Deep Co-op-hsc, Kumud Nagar, S V Road, Next To Goregaon Police Stn, Goregaon West, Goregaon, Mumbai,Maharashtra-400062
Dolphin Bikes
Shop No 1 2 3 4, Akrama Compound , Andher--ghatkopar Road , Near Asalpha Metro Station , Ghatkopar(west) , Mumbai 4,Maharashtra-400084

Yamaha Bike Service Centers in Mumbai

View All Yamaha Bike Service Centers in Mumbai
Kamla Landmarc Motorbikes Pvt. Ltd -Lower Parel Showroom
Shilp Tower, Ground Floor, Shop No. 12, Junction of P. B. Marg & N. M. Joshi Marg, Next to Deepak Cinema, Lower Parel, Mumbai, Maharashtra, 400013
Ganesh Enterprises

Yamaha MT-03 Price Related FAQs

The on-road price of Yamaha MT-03 in Mumbai is Rs. 3.58 Lakh.
The RTO charges of Yamaha MT-03 in Mumbai is Rs. 23,072.
The Insurance charges of Yamaha MT-03 in Mumbai is Rs. 5,449.
The on-road price of top variant STD in Mumbai is Rs. 3.58 Lakh.
The on-road price of cheapest variant STD in Mumbai is Rs. 3.58 Lakh.
EMI for Yamaha MT-03 starts at Rs. 9,794 in Mumbai .

Any Questions? Ask the Expert

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  • Yamaha MT-03 Price in Mumbai

  • Yamaha MT-03 On Road Price in Mumbai

    The on-road price for Yamaha MT-03 in Mumbai is 3.58 Lakh. The on-road price of petrol variants of MT-03 starts from ₹ 3.58 Lakh. The top competitors of Yamaha MT-03 i.e. KTM 390 Duke price in Mumbai starts from ₹ 3.33 Lakh & Kawasaki Ninja 300 price in Mumbai starts from ₹ 3.17 Lakh.
    VariantsOn-Road Price
    Yamaha MT-03 STD₹ 3.58 Lakh*
Yamaha MT-03
Overall User Rating
3.8
based on
81 Ratings
Midnight Cyan
Body Type
Sports
Fuel Type
Petrol
Starting Mechanism
Self Start
Mileage
0 KM/L
* Ex-Showroom Price
₹ 3.3 Lakh
* The Prices are inclusive of the new GST rules.
EMI Starting Price
₹ 9,794Customise EMI
  • MT-03
  • Specs
  • Features
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  • Reviews
Dolphin Bikes Pvt Ltd
Shop No 1 4, Akram Compound, Haji Market, Asalpha Village, Near Asalpha Metro Station, Andheri Opp Baba Restaurant Ghatkopar Link Road, Sakinaka, Mumbai,Maharashtra-400084
Excellent Motors
1 Shanti Sadan , 45 Telli Park Road, Andheri (east) Mombai, Mumbai,Maharashtra-400059
Kamla Yamaha
Sharla Terrace, Umershi Bappa Chowk, V N Purav Road, Chembur, Mumbai,Maharashtra-400017
Ganesh Enterprises
Opp Hindustan Construction Co, L B S Marg, Vikhroli ( W ), Mumbai,Maharashtra-400083
Excellent Yamaha
Mahakali Road, Andheri East, Mumbai,Maharashtra-400069
Thomsun Automative
106, Shitladevi Chs, Opp Indian Oil Colony, D N Nagar, Andheri West, Mumbai,Maharashtra-400053
Zika Yamaha
Unit 1055/109 Gokul Co Operative Society , Adarsh Nagar, Oppsite Honda City, Jogeshwari (w), Mumbai,Maharashtra-400102
Soniya Two Wheelers
C-1c-a, Ground Floor, Kantilal Maganlal Estate, L B S Marg, Mumbai,Maharashtra-400078
Kamla Yamaha
Nikita Chambers, Next To Maruti Temple, New Sun Mill Compound, Lower Parel, Mumbai,Maharashtra-400013
Kamla Landmarc Motors
Shilpa Tower Ground Floor, N M Joshi Mark, Lower Parel, Mumbai,Maharashtra-400013
Matrix Automotive
Gala No 1 4 Business Class Building Junction S V Road Chincholi Bander Road Malad West, Mumbai,Maharashtra-400064
Speed Auto Yamaha
Shop No 6-7, Dwarkesh Chsl, Saibaba Nagar, Opp Bhauballi Tower, Mumbai City, Maharashtra,Maharashtra-400067
Kamla Landmarc Motorbike
Shop No 20/21, Satara Park Shimpoli Road, Borivali West, Mumbai,Maharashtra
Paras Yamaha
Oshwal Ashadeep Apartments, Shop No 18 19, Opp Vijay Sales, Mira Bhayander Road, Near Silver Park, Mira Road (e), Mumbai,Maharashtra-401107
Opp. Hindustan Construction Co, L.B.S. Marg, Vikhroli ( W ), Mumbai, Maharashtra, 400083
Avian Yamaha
Dagli Oil Mills Compound, Babulla Tank, Cross Lane, -9, Mumbai, Maharashtra, 400069
Thomsun Automative
106, Shitladevi CHS, Opp. Indian Oil Colony, D N Nagar, Andheri West, , Mumbai, Maharashtra, 400053
Vrb Automobiles
D-1, Dhwarkesh Park, Shop No.6 & 7, Sai Baba Nagar, Near Hdfc Bank, borivali, Mumbai, Maharashtra, 400092
Dolphin Bikes Pvt Ltd
Shop No. 1- 4, Akram Compound, Haji Market, Asalpha Village, Near Asalpha Metro Station, Andheri- Opp Baba Restaurant Ghatkopar Link Road, Sakinaka, -, Mumbai, Maharashtra, 400084
Excellent Motors
1 Shanti Sadan45 Telli Park Road, Andheri (East), Mumbai, Maharashtra, 400069
Excellent Yamaha
Mahakali Road, Andheri East, , Mh-, Mumbai, Maharashtra, 400069
Matrix Automotive
Gala No.1-4 Business Class Building Junction S V Road Chincholi Bander Road Malad West -, Mumbai, Maharashtra, 400064
Vidarbha Motors Pvt Ltd
Shobha Towers, Patel Square, Ghat Road, Nagpur-, Mumbai, Maharashtra, 400018