Yamaha MT-03 Price in India (April 2025) – On-Road & Ex-Showroom

The Yamaha MT-03 is a premium naked streetfighter that has gained significant attention in India for its sporty design, powerful performance, and Yamaha’s signature reliability. Launched as a Completely Built Unit (CBU) from Indonesia, this 300cc twin-cylinder motorcycle competes with models like the KTM 390 Duke, BMW G 310 R, and Aprilia Tuono 457.

Yamaha MT-03 Ex-Showroom Price in India (April 2025)

The ex-showroom price of the Yamaha MT-03 in India has seen a significant reduction, making it more competitive in the sub-500cc segment. As of April 2025, the pricing details are as follows:

• Standard Variant (STD): Rs. 3,50,000 (ex-showroom, Delhi)
• Available Colors: Midnight Cyan, Midnight Black
• Price Variation: Prices may vary slightly across cities due to differences in local taxes and dealership charges.

This price cut of Rs. 1.10 lakh from its initial launch price of Rs. 4.60 lakh has positioned the MT-03 as a more attractive option for enthusiasts looking for a Yamaha MT-03 2025 model with premium build quality and performance.

Read also: Honda CB500X New Model Mileage, Price, Features, and Full Details

Yamaha MT-03 On-Road Price in India (April 2025)

The on-road price includes ex-showroom cost, Road Transport Office (RTO) charges, insurance, and other applicable fees like FASTag. Below is a city-wise breakdown of the Yamaha MT-03 on-road price in India for April 2025:

• Delhi: Rs. 3,94,000 (Ex-showroom: Rs. 3,50,000 + RTO: Rs. 27,992 + Insurance: Rs. 16,445)
• Mumbai: Rs. 4,07,301 (Ex-showroom: Rs. 3,50,639 + RTO: Rs. 42,076 + Insurance: Rs. 14,586)
• Bangalore: Rs. 4,45,405 (Ex-showroom: Rs. 3,49,900 + RTO: Rs. 79,504 + Insurance: Rs. 16,001)
• Chennai: Rs. 4,43,000 (Ex-showroom: Rs. 3,50,000 + RTO: Rs. 78,000 + Insurance: Rs. 15,000)
• Kolkata: Rs. 4,36,000 (Ex-showroom: Rs. 3,50,000 + RTO: Rs. 70,000 + Insurance: Rs. 16,000)

Note: On-road prices are approximate and subject to change based on dealership offers, insurance providers, and state-specific taxes. For precise pricing, visit authorized Yamaha Blue Square showrooms or check with local dealers.

Factors Influencing Yamaha MT-03 Price in India

Several factors contribute to the pricing of the Yamaha MT-03, both ex-showroom and on-road:

• CBU Import: The MT-03 is imported as a Completely Built Unit from Indonesia, attracting higher import duties, which impacts its cost compared to locally manufactured rivals like the KTM 390 Duke.

• Price Reduction: Yamaha India’s strategic price cut of Rs. 1.10 lakh effective February 2025 has made the MT-03 more accessible, boosting its appeal in the premium motorcycle segment.

• City-Specific Taxes: RTO charges and insurance costs vary across states, leading to differences in on-road prices. For instance, Bangalore has higher RTO charges, increasing the on-road cost.

• Dealership Offers: Some dealers may offer discounts, free accessories, or lower insurance rates, affecting the final on-road price.

Yamaha MT-03 Specifications and Features

The Yamaha MT-03 is powered by a 321cc, liquid-cooled, parallel-twin engine, balancing performance and efficiency. Here’s a detailed look at its specifications and features:

• Engine: 321cc, liquid-cooled, DOHC, inline twin-cylinder
• Power Output: 42 PS at 10,750 RPM
• Torque: 29.5 Nm at 9,000 RPM
• Transmission: 6-speed gearbox with assist and slipper clutch
• Mileage: Approximately 26-35 kmpl (user-reported, varies by riding conditions)
• Suspension: 37mm KYB inverted front forks, rear monoshock with preload adjustment
• Brakes: 282mm front disc, 220mm rear disc, dual-channel ABS
• Weight: 167 kg
• Fuel Tank Capacity: 14 liters
• Ground Clearance: 160 mm
• Seat Height: 780 mm
• Wheels: 17-inch alloy wheels with tubeless tires

Key Features

• Aggressive Design: Muscular tank, projector LED headlamp, and compact tail section give it a sporty streetfighter look.

• LCD Instrument Cluster: Displays tachometer, odometer, clock, and fuel gauge. The 2025 model includes Bluetooth connectivity via Yamaha’s Y-Connect app for navigation and call alerts.

• LED Lighting: Full LED setup for headlamp, taillight, and indicators.

• Handling: Lightweight diamond-type frame ensures agile handling, ideal for city commutes and cornering on highways.

Yamaha MT-03 2025 Updates

The 2025 Yamaha MT-03, expected to launch in India by mid-2025, introduces subtle yet impactful updates:

• Refined Tail Section: A sleeker tail design with a new LED taillight enhances its modern appeal.
• New Color Option: Ice Storm joins Midnight Cyan and Midnight Black, offering a bold aesthetic.
• Improved Ergonomics: Slimmer seat and side covers improve ground reach, while a redesigned pillion seat adds comfort.
• Y-Connect Integration: Smartphone connectivity for navigation, call/message alerts, and ride data tracking.
• Assist and Slipper Clutch: Ensures smoother downshifts and reduced hand fatigue.

These updates make the 2025 Yamaha MT-03 price in India slightly higher than the current model, with an expected ex-showroom price of Rs. 3.55-3.60 lakh.

Yamaha MT-03 vs Competitors

The Yamaha MT-03 faces stiff competition in the 300- 400cc segment. Here’s how it compares:

• KTM 390 Duke:
• Ex-Showroom Price: Rs. 2.95 lakh
• Pros: Lower price, feature-rich (TFT display, quickshifter, traction control)
• Cons: Single-cylinder engine, less refined than MT-03’s twin-cylinder
• BMW G 310 R:
• Ex-Showroom Price: Rs. 2.90 lakh
• Pros: Premium brand, competitive pricing
• Cons: Less power (34 bhp), basic features
• Aprilia Tuono 457:
• Ex-Showroom Price: Rs. 4.10 lakh
• Pros: Modern design, advanced electronics
• Cons: Higher price, limited dealership network

The MT-03 stands out for its twin-cylinder engine, offering smoother power delivery and better highway performance, but its lack of advanced rider aids like traction control or quickshifter is a drawback at this price point.

Why Choose the Yamaha MT-03?

The Yamaha MT-03 is ideal for riders seeking a blend of style, performance, and reliability. Here’s why it’s worth considering:

• Premium Build Quality: Imported CBU ensures top-notch fit and finish.
• Twin-Cylinder Advantage: Smooth and linear power delivery, perfect for city and highway riding.
• Sporty Handling: Lightweight frame and tuned suspension make it agile and fun to ride.
• Brand Reliability: Yamaha’s reputation for durability and low maintenance costs.

However, its high price compared to feature-rich rivals like the KTM 390 Duke may deter budget-conscious buyers. If you’re upgrading from a smaller bike like the Yamaha MT-15 and prioritize performance over electronics, the MT-03 is a compelling choice.

Yamaha MT-03 Mileage and Maintenance

• Mileage: The MT-03 delivers 26-35 kmpl, depending on riding conditions. City riding yields around 25-28 kmpl, while highway cruising can achieve up to 35 kmpl.

• Maintenance: Maintenance costs are moderate, with service intervals typically every 3,000-4,000 km. Spare parts may be slightly expensive due to the CBU status, and availability can be an issue outside major cities.

• Running Cost: Estimated at Rs. 3.85 per km, assuming a daily commute of 50 km and fuel at Rs. 100 per liter.

Where to Buy the Yamaha MT-03 in India?

The Yamaha MT-03 is available at Yamaha’s premium Blue Square showrooms across India. Some authorized dealers include:

• Delhi: Opp. Jhandewalan Mata Mandir, Rani Jhansi Road
• Mumbai: Kamla Landmarc Motorbikes Pvt. Ltd, Lower Parel
• Bangalore: No.25/1030, Dr. Rajakumar Road, Rajajinagar
• Chennai: No:1888 New Byepass Road Kuppam, Chittoor

Bookings can be made with a token amount of Rs. 20,000. Check with your nearest dealer for test rides and finance options.

Yamaha MT-03 EMI and Finance Options

For a loan amount of Rs. 3.54 lakh (on-road price in Delhi) at an 8.5% interest rate over 60 months, the EMI starts at approximately Rs. 7,281. Yamaha offers financing through partners like Yamaha Financial Services, with promotional APRs ranging from 5.99% to 21.99% based on creditworthiness. Contact your dealer for customized EMI plans and down payment options.

Conclusion

The Yamaha MT-03, with its updated 2025 model, offers a compelling package for riders seeking a premium naked motorcycle. Its ex-showroom price of Rs. 3.50 lakh and on-road price of Rs. 3.94 lakh to Rs. 4.45 lakh make it a competitive option in the 300- 400cc segment.

While it lacks some modern features, its twin-cylinder engine, agile handling, and Yamaha’s reliability make it a strong contender. For the latest Yamaha MT-03 price in India, visit authorized dealerships or Yamaha’s official website.