Yamaha MT-03 And R3 Prices Reduced Following The Recent GST Cuts

•October 3, 2025

1.47 Lakh*

Yamaha MT-03 And R3 Prices Reduced Following The Recent GST Cuts

KEY HIGHLIGHTS

Price Drop: R3 now at Rs 3.39 lakh, MT-03 at Rs 3.29 lakh (ex-showroom)
Performance: 321cc parallel-twin engine with 41.4 bhp, 29.5 Nm, and 6-speed gearbox

Every two-wheeler manufacturer is revising their prices following the revised GST tax slabs. According to which the bikes under the 350cc segment get a reduction of 10% on the other hand, those above 350cc will increase to 40% GST. Following this announcement, Yamaha has revised the pricing of its entire lineup except the R3 and MT-03, but finally, they did. So, how much is the reduction? Let's get into the details. However, before moving ahead, make sure to join the 91Wheels WhatsApp community to never miss out on any automotive updates.

Yamaha R3 and MT-03 Price Reduced

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 R3 is now priced at Rs 3.39 lakh, which was earlier at Rs 3.60 lakh (ex-showroom). Similarly, 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). These price cuts will help these bikes to stay competitive in the market against the rivals, KTM RC 390 and Duke 390 etc. So, if you're eyeing any of these bikes, this is the best time to buy.

Specifications

Both the Yamaha R3 and MT-03 are powered by the same 321cc, liquid-cooled, parallel twin engine, which belts out 41.4bhp and 29.5Nm of torque. It comes paired with a 6-speed gearbox with assist and slipper clutch. Apart from this, both bikes boast dual disc brakes, 298mm at the front and 220mm at the rear, along with dual-channel ABS. Not just this, but both rides on 17-inch wheels.

Verdict

With the GST revision finally reflecting on Yamaha's lineup, the R3 and MT-03 have received a significant price cut, making them more appealing in the premium entry-level segment. The reduction of nearly Rs 20,000 not only enhances their value but also positions them as stronger rivals to the KTM 390 series. For enthusiasts eyeing a refined twin-cylinder sports bike or naked streetfighter, this is the right time to buy.