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Yamaha MT 03

₹3.30 Lakh*
*Ex-Showroom Price

EMI N/A /mo

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IDFC FIRST Bank
Bajaj Finance Ltd - AF
Drivio
Axis Bank
IDFC FIRST Bank
Bajaj Finance Ltd - AF
Drivio
Axis Bank

MT 03 Highlights

On Target

Yamaha MT-03 is refined, fast, comfortable, and well-built, but pricey with fewer features for the money.

What We Like

Exciting parallel-twin engine, intoxicating ride, agile handling, solid build, thrilling exhaust note

What We Do Not Like

Expensive, lacks mid-range punch, no assist/slipper clutch, basic instruments, limited premium features.

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Yamaha MT 03 Price

Variants (1)
On-Road Price inDelhi
Brakes & Wheels
LED Headlight
Tubeless Tyre
Braking System
Seat Style
Colours
EMI
STD
₹ 3.71 Lakh*
View March Offers
Disc Brakes, Alloy Wheels
Yes
Yes
Dual Channel ABS
Split

₹ 7,021/mon

Yamaha MT 03 Specs & Features

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Expert Verdict on MT 03

3.0
Expert Rating
5.0
Performance
4.5
Ride and Handling
3.5
Design
The Yamaha MT-03 is a beautiful-looking naked sports bike that offers typical Japanese refinement, fast performance, and easy rideability. Also, the overall fit and finish are solid, and the bike is comfortable to ride. But the price tag is very premium, and the lack of features makes it a less value-for-money deal.
Tejen Dhankhar

91Wheels Expert

Pros & Cons of MT 03

What we admire in this bike

Engine performance is brilliant

Refined redline behaviour

Braking is very strong & spot-on

Suspension setup is perfectly tuned for road

Overall design & build quality is superb

What could have been better

Design is already aged in global markets

No modern features like the TFT console

Lack of safety features like slipper clutch

Should I buy the MT 03?

Yamaha has brought the MT-03 as a CBU in India. The new MT-03 is based on the global design and hence its design looks the same. Moreover, its overall build quality and fit-finish are superb. It is a comfortable city-riding bike that is based on the R3 itself. The powerful yet smooth parallel-twin engine of the MT-03 is the best in its segment. However, the lack of features makes the MT-03 less desirable. Also, the price tag of it is too high. Buy it if you like riding more than features.

Yamaha MT 03

₹3.30 Lakh*

Ex-Showroom Price

Explore Yamaha MT 03

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Yamaha MT 03 Competitors

Models
Engine
Power
Torque
Mileage
Kerb weight
Seat height
Yamaha MT 03
Yamaha MT 03
₹3.30 Lakh*
321 cc41 bhp29.5 Nm @ 9,000 rpm-167 kg780 mm
KTM RC 390
KTM RC 390
₹3.23 Lakh*
373.27 cc42.91 bhp @ 9000 rpm37 Nm @ 7000 rpm28.9 kmpl172 kg835 mm
Zontes GK 350
Zontes GK 350
₹3.22 Lakh*
348 cc38.2 bhp @ 9500 rpm32.8 Nm @ 7500 rpm31.25 kmpl-795 mm
Yamaha R3
Yamaha R3
₹3.39 Lakh*
321 cc41.42 bhp @ 10750 rpm29.5 Nm @ 9000 rpm-169 kg780 mm
Kawasaki Ninja 300
Kawasaki Ninja 300
₹3.17 Lakh*
296 cc38.88 bhp @ 11000 rpm26.1 Nm @ 10000 rpm25 kmpl179 kg780 mm
BMW G 310 RR
BMW G 310 RR
₹2.99 - ₹3.05 Lakh*
312.12 cc33.5 bhp @ 9700 rpm27.3 Nm @ 7700 rpm30.3 kmpl-811 mm
TVS Apache RR 310
TVS Apache RR 310
₹2.59 - ₹3.13 Lakh*
312.2 cc37.55 bhp @ 9800 rpm29 Nm @ 7900 rpm40 kmpl174 kg810 mm
QJ Motor SRK 400
QJ Motor SRK 400
₹3.99 Lakh*
400 cc40.9 bhp @ 9000 rpm37 Nm @ 7500 rpm35 kmpl186 kg785 mm
Zontes 350R
Zontes 350R
₹2.57 Lakh*
348 cc38.2 bhp @ 9500 rpm32.8 Nm @ 7500 rpm40 kmpl-795 mm
TVS Apache RTR 310
TVS Apache RTR 310
₹2.23 - ₹2.88 Lakh*
312.12 cc35.11 bhp @ 9700 rpm28.7 Nm @ 6650 rpm30 kmpl169 kg800 mm

MT 03 Owner Reviews

4.4
Based on 43 Ratings, 11 Reviews
5
11
4
9
3
1
2
1
1
1
4.5
Design
4.4
Mileage & Performance
4.4
Comfort
4.4
Reliability & Maintenance
4.3
Features
4.5
Design
4.4
Mileage & Performance
4.4
Comfort
4.4
Reliability & Maintenance
4.3
Features
4.5
Design
4.4
Mileage & Performance
4.4
Comfort
4.4
Reliability & Maintenance
4.3
Features
Review and Win

Reviews (11)

Sort By
ImagesAudio ReviewsPositiveCritical
A
Anurag
4.2
9 Dec 2025

Excellent Bike

00:00

Transcription

This is a great bike with excellent mileage and impressive features. It also looks very stylish. By opting for a small EMI, you can easily bring this bike home and enjoy the happiness it brings.
A
Ayush Jain
1.0
26 Jun 2025

Unmatched Quality

Yamaha has a reliable engine with a long life and more power. It's a racing scooter with no match compared to other scooters. Its maintenance is also lower than others. Yamaha never compromises on quality.
M
MARIAPPAN S
3.8
25 Jun 2025

Easy Handling & Spares

If you need low maintenance and low road presence buy this bike but everywhere this bike is seen on road but easy handling spares available easily in anywhere in India.
K
Kamall
5.0
8 Nov 2024
Excellent bike the best bike in 300 cc.
S
Shine Hanmanth
4.4
19 Dec 2023
The bike offers impressive mileage, averaging around 50-55 kmpl under normal riding conditions. This makes it a compelling option for users seeking a balance of performance and fuel economy in a stylish package.
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MT 03 Mileage

Mileage Report

Not Stated
ARAI Mileage
Insufficient Data
User Reported Mileage
Our experts haven't tested these variants yet

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Latest Updates on MT 03

15th December 20253 months ago

Yamaha has quietly withdrawn the Yamaha R3 and MT-03 from the Indian market, drawing the curtain on two motorcycles that were intended to revive the brand's presence in the mid-capacity segment. Both models, which came to India via the CBU (Completely Built-Up Unit) route, struggled to gain momentum due to high pricing and limited accessibility.

Read Full News
3rd October 20255 months ago

Yamaha Motor India has announced a price reduction for its R3 and MT-03 models in the lineup, effective October 2025. This adjustment follows the government's recent GST reduction for bikes with a capacity below 350cc, from 28% to 18%. So, the Yamaha MT-03 now comes at a price tag of Rs 3.29 lakh (ex-showroom), which was earlier at Rs 3.50 lakh (ex-showroom).

Read Full News
31st January 20251 year ago

India Yamaha Motor has reduced the prices of its MT-03, by Rs 1.10 lakh. The Yamaha MT-03 is now priced at Rs 3.5 lakh (ex-showroom), and the new prices will be effective from 1 February 2025.

Read Full News
1st July 20241 year ago

In the welcome kit box for the Yamaha MT-03, customers will find six goodies: a Casio G-Shock watch, an MT-03 hoodie, a PVR gift card, RS4GP oil, a 3-year extended warranty, and 1-year roadside assistance (RSA). Similarly, the R3 welcome kit includes six items, some of which are different from the MT-03 kit.

Read Full News
22nd December 20232 years ago

Yamaha Motor India introduced the highly awaited Yamaha R3 and MT-03 in the Indian market, aiming to tap into the premium sports motorcycle segment. Following the launch, the brand unveiled the official accessories that customers can opt for to enhance the appearance of their bikes.

Read Full News
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New Delhi
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Pune
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